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Old 01-24-2008, 11:47 AM
daedalus daedalus is offline
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Join Date: Oct 2007
Posts: 480
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Quote:
Originally Posted by tonymand View Post
This trade is riskier than yesterdays in my view because of the failure swing at the low so we are no longer following lower low behaviour and this could be the start of a turn on the H1 but it is now a free ride

Boom. That was the problem with that trade. I still took it at the 75% level, but that means I moved to B/E once we took out the 50% level. So it came back up in my face, but i lost 2pips on it (the spread)... It was a great opportunity and thats what we look for.

When in doubt, reduce risk guys! I'm not talking about jamming stops after its gone 5 pips in favor, but when its stalling at a level and you're not sure, reduce the risk if you're worried. Now, the caveat to that is that you can stop yourself out much more often if you're crowding it too much. I really feel that you need to manage things consistently if you want this to work!


Quote:
Originally Posted by kagein View Post
how do you guys, make such clear attachments and keep it under the 2mb maximum? mine always seem rubbish..
You need to size them down to be under 700 X 700... otherwise the website reformats them and they lose quality when they are compressed.
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