What a big big hit to me on GBP. This is really good 1. Wake up with such kind of shot. Gonna rest maybe, have to stop 1st.

i trade and watch world cup

like brazil vs croatia match.. ..GBP went nuts with scoring goals..

If England have a goal fest against Italy, will GBP go nuts also when the market reopens after the weekend?

This post has been edited by OKLY: Jun 13 2014, 10:34 AM

Gogo... Get some bfast before open position.

then GBP down...bcos ppl throw away GBP currency

if italy score first.. GBP oso down... bcos Shoot italy.. need money.. currency bad..

HAHA.. above is just humor opinion.. does not emphasis on anything

SHORT GBPAUD give it 50p SL.

upside is very limited now.

For curiosity, I went to check your zulu result. Your cut losses is average at -100pips, and your TP is average at 30-50pips.

Based on math, a fact, this is not going anywhere.

EURUSD should consolidate around 1.3568 and 1.3548 before decide a reversal or trend continuation.

as mentioned earlier, trend following systems will lose huge money when reversal took place. As trader, we need to have 3 systems: trend following, consolidation scalping, reversal (news trade) system.

Hmm, I'm sure bro tdoption got a better answer for you.
But if you also check randomly top Zulu guys. No one has a classic 1 to 1 ratio at minimum. And many survived for a year or more with decent roi.

Unfortunately math is not that simple. I would take his winning trade percentage into consideration too.

Shorted USDJPY, 15p SL.

No TP yet.

There are numerous article out there, but let me share this

http://www.kjtradingsystems.com/winning_pe...ge_trading.html


*ps. I have no connection with this website. Just something I found online*

Time will prove, trust me.

Hmm thanks for the link, will have a good read

Yes, indeed I used a lot of 80-100 pips of STOP LOSS.

Firstly, this is to avoid any spike creation from the broker as what I mentioned no broker are absolutely clean. Usually, there are no doubt if it hits my SL, you can see the whole game normally just expected will change the game.

Secondly, a lot of people fighting for a RR of 1:1, 1:2, 1:3. Sometimes, we need to understand it doesn't means where you put SL and where you put your TP. On PA and CANDLE trading, everything could change fast so you won't have the exact figures. If you only calculate with this, you will absolutely got bad figures. But if you see, sometime my entry with - 7 pips and 70 pips or even 100 pips of TP. Does that means I have more than 1:15 RR? It is just some question about chicken and egg. But I am pretty sure, if you too stick to RR 1:1, 1:2, 1:3, you will get yourself pressure and always gotten hit on SL. My major record are - 6 pips against me with 1000 pips of TP for long term exotic trading. But do I always get this kind of entry?

Thirdly, if using this kind of strategy, I must have to ensure my position profit ratio on above 70% of my position works. If it doesn't I will be having deep loss. This strategy indeed not following those text book figures, but indeed it could eliminate a lot of phycological problem and spikes stop out problem.

I will never ever put 15 or 20 pips SL to chase for 30,40,50 pips. A small spike could just kill your 15 or 20 pips especially on those GBP or EXOTIC pairing. This type of trading to me is scare money trading and chasing for perfect entry. I will always ask myself, am I a perfect trader? If I'm not, how can I use 20 pips to ensure the whole thing will go on my way? If just because of getting those text book figures made me loss some good setup, does it worth to me?

This post has been edited by tdoptions1689: Jun 13 2014, 05:03 PM

Let's take some Live example. EUR/JPY just created a long spikes. Actual my setup will failed on 138.30. But usually I will add up another 30 pips for YEN pair so my SL putting it on 138.60. So we can see a very long spikes there almost hitting my 138.60. But does it close above 138.30 on 4H. It didn't and closed on 138.2x. My setup still hasn't failed yet but if I put the actual of 138.30, I will gotten stop out already. Of course we yet to know its outcome, but if it turn to my way now? I didn't loss the trade and regain everything with profit.

Probably many people wouldn't agree because text book didn't teach you this, but they will never know how much trade I have save with this kind of strategy.

This post has been edited by tdoptions1689: Jun 13 2014, 05:24 PM

pening laaaaa

Kalau senang senang atas langit jatuh wang, mana ada orang kerja lagi.

Hah..a true..

apa pening.... jangan kacau2 kat sini.. go back to work.. wahahahaha..

atau balik ke group you

Resistance... Too strong.