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10.4/10.5 trades only
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Author:  pips400 [ Mon Jun 17, 2013 8:53 pm ]
Post subject:  Re: 10.4/10.5 trades only
Not liking much at the moment. Be careful on XXXJPY shorts, price action really not good, and will be hitting support quickly, so move SL to BE quickly.
Author:  kwanann [ Mon Jun 17, 2013 9:47 pm ]
Post subject:  Re: 10.4/10.5 trades only
pips400 wrote:Not liking much at the moment. Be careful on XXXJPY shorts, price action really not good, and will be hitting support quickly, so move SL to BE quickly.
Accumulation phase :D
Author:  tibochina [ Mon Jun 17, 2013 11:47 pm ]
Post subject:  Re: 10.4/10.5 trades only
I certainly agree kwanann. I've never seen the pairs grouped quite so closely together. A lot of pairs riding the WP seeking direction. I'll continue to "sit on my hands" for now......
Author:  Ingot54 [ Tue Jun 18, 2013 1:15 am ]
Post subject:  Re: 10.4/10.5 trades only
tibochina wrote:I certainly agree kwanann. I've never seen the pairs grouped quite so closely together. A lot of pairs riding the WP seeking direction. I'll continue to "sit on my hands" for now......
Sit ... but do not sleep.

Snoozers are losers! :)

While we think nothing is happening - it's all happening.
The Forex markets are fluid and N-E-V-E-R still.

Quiet ... yes
Still ... no

Evidence attached
Author:  nicoacademia [ Tue Jun 18, 2013 1:22 am ]
Post subject:  Re: 10.4/10.5 trades only
short on AudJpy (its below 240line not shown in screen)
130618 aj.png
Author:  Ingot54 [ Tue Jun 18, 2013 1:22 am ]
Post subject:  Re: 10.4/10.5 trades only
The GBPJPY is an accurate (99% positively correlated) proxy for the xxxJPY Index above

Evidence attached
Author:  nicoacademia [ Tue Jun 18, 2013 2:03 am ]
Post subject:  Re: 10.4/10.5 trades only
nicoacademia wrote:short on AudJpy (its below 240line not shown in screen)
130618 aj.png
right now.
short AUDJPY(already in profit targetting WMS1 first)
short EURJPY(still early days)
short EURCHF(still early days)
Author:  kwanann [ Tue Jun 18, 2013 2:09 am ]
Post subject:  Re: 10.4/10.5 trades only
Pedigree wrote: I agree Kwanann.

I've actually been using 10%. I just want something that will guarantee I don't go beyond. Up till now I've had to continually watch iProfitTracker!!!

Thank you.
Hmm i can think of a million ways where that 10% DD will go wrong, but agreed, a hard limit is always a good thing :)

Personally i trade in such a way that i will never hit 10% DD if i'm afk

If i know i will hit 10% DD due to larger than normal lot sizes, then i make sure i'm in front of the PC to do corrective actions if needed
Author:  kwanann [ Tue Jun 18, 2013 2:20 am ]
Post subject:  Re: 10.4/10.5 trades only
nicoacademia wrote: right now.
short AUDJPY(already in profit targetting WMS1 first)
short EURJPY(still early days)
short EURCHF(still early days)
Good job on the AUDJPY, saw the EA take the same trade, also entered a trade at DMS1, can't figure why though since RSI was not pinned
Author:  kwanann [ Tue Jun 18, 2013 7:04 am ]
Post subject:  Re: 10.4/10.5 trades only
Was reading the papers.. There is supposed to be a fed announcement soon? Could explain the market indecision
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