ok pok talking kok now

As for the trend, don't think the trend can take place, more on pullback hunting instead. For USD, more high impact scorecard release tomorrow. EUR ..will be rather quiet tomorrow with no major calendar event.

Her shirt says ECB DICK-TATORSHIP. lol, priceless..

Don't get hit by the fundamental bus. The spike could hit your SL if it wasn't in your expectation. Your broker should have event calendar. Even apps too for android.

Good for NFP

I buy both side and adjust SL/TP 1 or 2 mins before. However, nowadays, 30 pips bracket is also kinda risky if at the wrong side..gotta expand further.

yeah..i had to do that too since not a full time trader that has the luxury of PC at home, drawing lines and analysis. This is the disadvantage. But maybe you are a pro already that can trade on naked chart.

I would change to pend order next round. Notice that the spread is harmful to SL. half more month to go..

Darn crazy today. Yoyo. Lost quite a number of pips today. I'll stay clear now and not have itchy fingers

Which kind of opportunities are you anticipating? EU went back up again.. Us dollar weaken. Retracing next week?

Breakout..., have to stay next to your pc to catch the breakout moment.

How do you also know if some were false ones?

Guys, remember this trader in fxbook that manages multi million which we talked about 2 weeks back and he was trading with lot size of 500? guess what happened......



already closed -27mil worth of order yesterday
dd is so heavy at -29 mil floating now
with only 8 mil equity left
....all from the peak at 65mil

I guess he can be found hanging at the end of his rope now


This post has been edited by oreomambo: Apr 30 2015, 02:01 AM

Even if he did trade with the 2% risk, ..he didn't exercise the risk by closing the order when the drawdown is more than 2%. He did eventually let it glide continuously without a clear boundary of acceptable DD. This is the issue with many traders, even if you observe in those signal providers, the poor subscribers followed the provider into MC hole. The bigger the account, the harder is it for the trader to accept defeat since the amount is rather large to lose.

This and last month in particular, lots ppl got hit especially those that don't believe or sticking strictly to their SL.

eh, i thought you open pending buy/sell on both direction? nice wor...it really went both direction and double the profit ..lol. Too bad, i am too distracted to put in the pending orders minutes before (Was driving).

Even the after effect of NFP is rather uncertain too. Directionless disco dancing..

i need to start PMing ppl..as my agenda is to make money!! lol

btw, the guy with multi million account in fxbook has already made his data private or delete the link with fxbook. It was interesting to watch how these guys work and perform if consistency can be found. His last round was having very bad losing streak position and closed off several mill of losing position (not all).
Probably too malu to show this kind of result if they are boasting to be fund manager.
btw, he will only work on 250k USD and above fund size if you want him to manage and work on a shared gained like pamm.

His update says:

"The account was online for two potential large clients to view and study for a month or so and was not intended for enjoyment or for smaller clients. As mentioned in previous postings , we do manage client's accounts with minimum entry of 250k € . We may place the account back online in the future if potential client/s require. If anyone would like to enter in our managed account service , you can contact us directly either on skype or email."

I am sure the two potential large clients had a spook by now..

This post has been edited by oreomambo: May 13 2015, 05:37 PM