You seem to be risking too much on some trades. Your largest loss is 33,000. This was, I assume, over 10% of your account at the time it was placed.
Edit - Ah, sorry, I thought your account started at 100,000 not 1,000,000. Ignore what I said.
You seem to be risking too much on some trades. Your largest loss is 33,000. This was, I assume, over 10% of your account at the time it was placed.
Edit - Ah, sorry, I thought your account started at 100,000 not 1,000,000. Ignore what I said.
there is nothing like this on my chart. Axittrader, may this was made by your broker to catch stop loss. it is better to find another brokerâŚ
It looks good from a profit POV the thing that is odd is that you say you follow this thread but the average risk reward is 2:1. I take it you cut trades short when they are not working out? Have you analysed what would happen if you didnât make mid-trade adjustments?
nvm im gonna edit this
Hmm I like the USDSGD EB but itâs getting real close to the recent swing high. Placing pending order 10 pips above the wick would put me right on top of an FTA. I think Iâll stay out.
Just got home from the first Lunar New Year celebration, and found out about this. Youâre right, Bryce. Seeing is believing!
AUD/USD Short Trade
tricky short trade, as per price action supposed to enter trade below 0.8724 (low of BEEB). but at that level risk reward was not that favour.
1:4 RR
Very high risk indeed. I hope it keeps going your way!
AUDNZD H4
Not much history to go on for support level. Any thoughts, folks? Near enough to S/R (20 pips). TP 1.0842 Any thoughts where the SL might go? Wondering if Low of candle wonât give enough room for trade to breathe.
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Hello everyone!
New guy here trying to figure things out. Hard as hell.
I`m trying to find entry´s in demo account and hit buy in EURJPY H4 at price 139.584
Did i read the chart right with bullish pin bar?
You have to ask yourself after all that Bullish momentum is that tiny pin enough to want to trade against it? I think it would be like trying to stop an elephant with a peashooter! LOL
It is a bullish PB but against some very recent Bearish momentum and kind of occurring in a choppy box. If youâre new to trading PA I would advise against counter trend trades for now and just try and find Pins that go WITH current momentum.
So far this hasnât triggered which is a shame as this pair usually has nice clean pullbacks and rallies when it is trending.
the level is nice but that signal isnât quite large enough for me to personally play. It may well come off but the odds arenât stacked heavily enough in my favour to invest in it.
I like too Justise, only thing I dont like is the big previous BEEB.
what are you gonna do? Im interested in your thoughts
This is my favorite trade all week! CADCHF D1 BUEB right smack bang off the VBRN of 80.000. Good size plenty of room to move. Love it.
Thoughts?
Darth
The fact that is CT doesnt scare you?
i dunno about VBRNâŚit went from 80 to 81 in one candle
also the downtrend is way too strong for me to take it
if you take it i hope it works out
i will take it