I know its micro, but its practice. When I get to 100%, ( 97.4% currently ) Im throwing in $20, which could be in the next hour. Still looking for reasonable trade opportunity.
[QUOTE=“MoneyNVRSleeps;717413”]I know its micro, but its practice. When I get to 100%, ( 97.4% currently ) Im throwing in $20, which could be in the next hour. Still looking for reasonable trade opportunity. <img src=“301 Moved Permanently”/>[/QUOTE]
Genuinely, Good luck money,
How long have you been trading that account?. To my mind positivity breeds positive results and your posts alway seem to be very positive.
If you can scale that up when the time comes you’ll smash it!.
Hi Shy, without derailing this great thread, let me just say, first off, this account almost 5 years. Very little cash to throw around, so I practice as much as I can, and when I hit 100% of a current run, I try to deposit some cash. After making some adjustments to GBPNZD since Thurday the 14th, Im up 97%.
My initial goal was 25% a day, that was 5 years ago, from the first week in my Forex career. Now, Im almost there. I lost very little cash, ( under $300 over the course of the 5 years. )
Ive never traded this pair before, but spend a month one different pairs to get accustomed to different types of movement, fakeouts, whips, ex. and Ive found that this pair is kinda easy to read.
knock on wood.
Still have some feeling out to do, but so far so good.
[QUOTE=“MoneyNVRSleeps;717445”]did it, 102.5%, 58% today, looking to see what happens with this retest of the 11am move this morning, and bounce off yesterdays Low. But like I said, looking at 2.11 so Buys are going to be risky for me, unless we see 400 pip swing,[/QUOTE]
Looks like you should’ve held your short on this pair money. Stopped a pip above my SL widened my SL to allow for the varying spreads. If this falls further I’ll wait to see how it reacts around the trend line.
I’m normally in and out of my trades within hours at the most so this feels a little unusual for me. Looking forward to seeing how it pans out.
You know what Shy, you never know. So many times Ive set TP, just to miss by 1 pip, then Id lower the TP, and miss by 1 pip, then Lower it again, Miss by 1 pip, then usually go and hit my SL.
Even the benefit of the Trail would be ok, but I need a tight trail, definitely less then 5 pips, like MT4 is 1.5 pips, but I dont use MT4, Oanda Java is 5, but its a static 5 trail which I dont like. So right now, I have to manually hit the close trade tab on my tablet. I dont use Java desktop because it crashes often, and had been in trades and have to take 4 minutes to load back up.
BUT, my main signal variable is on my Tablets App, so its the last thing I check before entry to a trade. The drawwww back of the Tab App is if my Tablet sleeps, no new bars form and the EMAs are unadjusted so I have to flip thru timeframe to adjust it and catch up to current time.
lol.
Long story short, I wish I had the same trail advantage that MT4 has, and use it on my Tablet App.
I believe I would of made around 150% just today with that advantage. Because This pair is a zinger, lol…
I am sorry I missed your discussion last night on here - I was watching a dvd of ‘Birdman’…cool film.
Well, here is GBP/NZD giving us what looks like a ‘V’ sign: V for Victory? Maybe a bullish London open like this will bode well for going long (if you are not already long). Well done to Shy, 3fx, Money, and Eddie for your successes!! Thanks, also, for watching my video, and for the comments!
Well, FOMC minutes did not say much new at all… and due to the lack of a more hawkish tone, Majors rallied
against the Greenback…Thus we come to this hundred-and-fifty-pip drop in GBP/NZD (which, interestingly, started a fair few minutes before the news release):