Thread: Closed: Discuss EUR/USD News with a DailyFX Analyst

You probably need to take some time off. use demo account to build up your confidence again.
Market doesn't really care if you're trading on demo or real account. They're not moving against you just because you're entering a trade. When you're wrong, you're wrong. when you're right, that's just because you're in the right direction (with the market). It's all about supply and demand. learn from other traders/analysts. you can't always be right 100% all the time, you just need to be right ... % ( with proper risk / reward)

Originally Posted by chaudhry

its my own experiance, i started with risking 3%, then after a couple of positive trades i jump to 5% n then i end up in loosing more then 50% of my account in just two weeks, and i think i paid the tution for succes, and learn that no matter how sure i am about my trades i should not risk more then 1% of my account on any given trade, n its working well....

I think it must come down to make flat pattern.. maybe I try this.

Can I be "Continuity Moderator" on this forum . . . . LOL

Originally Posted by lmrtrader

You probably need to take some time off. use demo account to build up your confidence again.
Market doesn't really care if you're trading on demo or real account. They're not moving against you just because you're entering a trade. When you're wrong, you're wrong. when you're right, that's just because you're in the right direction (with the market). It's all about supply and demand. learn from other traders/analysts. you can't always be right 100% all the time, you just need to be right ... % ( with proper risk / reward)

thanks for ur advise, but it was my last year`z story..:-).... im back on track now...

regrads.....

Originally Posted by Eska

I think it must come down to make flat pattern.. maybe I try this.

Originally Posted by Eska

Husband he say I get 100 pips he buy dinner, but I cook if not. I have only 25 minutes frame............ where I find 12 ?????????????????????????????

He say it take too long. WHATTTTTTTTTTTTTTTTTTTTTTTTTT!!!!!!!!!!!!!!!!!!!!!!!!! Men, stupit sometimes, I go cook ((((((((((((((

Bonus material.......

Originally Posted by Eska

He say it take too long. WHATTTTTTTTTTTTTTTTTTTTTTTTTT!!!!!!!!!!!!!!!!!!!!!!!!! Men, stupit sometimes, I go cook ((((((((((((((

You might be on to something? Even if the HAS is invalidated the strength of the move should be just as violent in the opposite direction.

Looks like the Dollar has broken resistance out of the wedge but hugging support from previous resistance.

Originally Posted by Eska

I think it must come down to make flat pattern.. maybe I try this.

Originally Posted by AyoBro

You might be on to something? Even if the HAS is invalidated the strength of the move should be just as violent in the opposite direction.

Eska use head. I get deal hat on and some extra minutes I buy at good price, and now get 100 pips and dinner HA!!!!!!!!!!!!!!! I not see this pattern HAS but do now, become invalidate and the markings 3/5/a??? would be 'a' so yes this would be so.

Originally Posted by bill2759

Paul: Your little red box is where I see support and resistance for the moment.
I bet good ol' CW is knocking Em dead with his master scalping techniques today.
he's been quiet. Must be busy hitting the buy and sell buttons. LOL

hehehe... indeed yes i have been Bill...its crazy up and down stuff today

Ok, simply put and that is how scalping should be. I have traded long and then short.
the diagnols are showing support on the HL's 5 min one way and then LH's and LL's the other way. In this instance i have not shorted the tops , I have shorted each time confirmation of a lower high....today the shorts were slower than the longs in speed telling me longs are still flavour...at the moment...

Originally Posted by chaudhry

(risking) 5 % means technically we can blow up our account in just 20 trades? isnt it too much? ...

It's not linear decay. A $10,000 account would be worth $59.21 after 100 losing trades at 5% loss on each. After 20 trades ~66% of the account is gone.


Trade# Begin$ End$
1 10,000.00 9500.00
2 9500.00 9025.00
3 9025.00 8573.75
4 8573.75 8145.06
5 8145.06 7737.81
6 7737.81 7350.92
7 7350.92 6983.37
8 6983.37 6634.20
9 6634.20 6302.49
10 6302.49 5987.37

20 3773.54 3584.86

30 2259.36 2146.39

40 1352.76 1285.12

50 809.95 769.45

60 484.95 460.70

70 290.35 275.84

80 173.85 165.15

90 104.09 98.88

100 62.32 59.21