My way to highway

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21:59,
elquetuquieras

Hi PF, enjoyable day. Have you seen NZDUSD immediately; spike 100 pips in one minute.
23:19,
Kardog

Quote:

Originally Posted by ;

quote maybe it isnt the best to try to tame DAX or Nikkei with relative little equity, and no flexibility to actually size for the transactions. Perhaps a drawback, maybe not. However, it change. Additionally, it apply the manner that should something seem to change it! This is a easy game to keep score, just need to examine the equity. Instantly lets you know if things working well or not. https://forexintuitive.com/attachments/1525383027.png

Gotcha! Https://forexintuitive.com/attachments/1525383027.png

On a negative note, I'm dropping DAX and Nikkei for a little while and will trade GU you are right on stage PF! My tiny account can't handle that DD especially Nikkei it is crazy. If your greed can't be kept by you under command it will chew you up without hesitation. By greed I was drawn towards Nikkei and DAX, particularly Nikkei. But I'm not on cloud 9. Realistic expectation, ? You state I have it now ! Thanks to PF.

I love that DD dining table, when I feel myself getting into revenge or overtrade manner I try to remind myself where I was formerly , broke level. Regardless of the money lost blown account is a discounted account it seems horrible. And much like you I suspect most of us hate to be wrong. So double the problem. Its not fun. And I don't wish anyone to go through the process.
00:40,
aerendil22

A discounted account finally instruct a major lesson.
02:01,
aerendil22

Quote:

Originally Posted by ;

hi PF, interesting day indeed. Have you ever noticed NZDUSD overnight; spike of 100 pips in one minute.

hi
yes, the morning NZD news. . .though my attention more to EurNzd range, more volatility. Harmful, but as a scalper want these attributes to a pair.
Babysitting GbpUsd this morning, nearly killed me the boredom! Https://forexintuitive.com/attachments/1525383028.jpg
vow I would rather see the price spike against me and struck my stopout than see 2 hours of 5 minute chart moving in 7 pips range or anything.
03:22,
elquetuquieras

Quote:

Originally Posted by ;

quote Gotcha! Https://forexintuitive.com/attachments/1525383028.jpg On a side note, I'm dropping DAX and Nikkei for a while and will trade GU you're right on stage PF! My tiny account can not handle that DD especially Nikkei it is crazy. If your greed can't be kept by you it will chew you up. By greed I was drawn towards Nikkei and DAX, especially Nikkei. But I'm not on cloud 9 anymore. Realistic expectation, ? You state I have it now ! As a result of PF. I really like that DD dining table, whenever I feel myself getting into revenge or overtrade manner I try to remind myself where...

quite true; at the beginning of Jan; I had a 10 percent DD in one day; and I'm still in the process of regaining it day in and day out.

Instead of my mind focusing on profit; it is on regaining a loss. Mathematically they are the same; but plogically they are not https://forexintuitive.com/attachments/1525383028.jpg
04:42,
aerendil22

the morning was GbpUsd, not too closely,
the afternoon however was about EurUsd about the ECB conference.
Started flat, then arrived the action, and I had been following this up.
It'd be wonderful to have once in a while the easy way, lol, but I was quite OK with this too, as it's added another 0.5 percent to the day. Out of 9 entries, that is rather good, as there was only moderate drawdown. ( this time, unlike in the daytime).

The chart could be a good example why usually have to stay flexible with all the TP when scalping.

Https://forexintuitive.com/attachmen...1039134240.jpg

the day ended 0.89%, yet another good result, certainly this week is shaping the month nicely after the little -3% booked shedding day early on.
Only for fun truth, 40 entries total today, for 9 lot volume ( 1x risk). . .the biggest size used was 0.25 lot. . .should answer the questions that there isn't that much variations there...

happy trading! https://forexintuitive.com/attachments/1525383029.jpg
06:03,
elquetuquieras

We began tutoring sessions by PF this week, and it had been fantastic.

Today we had a fantastic time messaging on skype whilst scalping GU and EU. Draghi and Trump shaken Forex quite a little in the afternoon

thanks PF
07:24,
Ibai_RM

Sounds fantastic Alpha, any tips you picked up that you can share (that is when PF agrees) ?

Scalping round the EURO and USD yesterday during the speeches might have been a bit scary, a few volatility and you can't whether a big spike / tendency will begin as a result of someone saying something.
08:45,
elquetuquieras

Quote:

Originally Posted by ;

Sounds great Alpha, any tips you picked up that you can share (that is if PF agrees) ? Scalping around the EURO and USD throughout the speeches a few volatility and you can't whether a big spike / tendency will begin due to someone saying something.

Lol; PF have many golden tips.

We haven't finished the training nonetheless. Something interesting I found that all of us share; is that Stop Losses are bad for counter-trend trading egies.

Judging from your username; you likely concur with me on this https://forexintuitive.com/attachments/1525383029.jpg
10:05,
elquetuquieras

Forgot to bring a point about SL.

Not using SL also means you need to decrease your funding alloion. It will lessen your risk of loss; reduces your potential reward.

Say for example you want to fade EU during news event; and you intend NOT to use a stop loss. So; your egy should er for a swing of 100 pips or 200 pips. You should not get wiped out with a 200 pips move against you.

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