I need more information help to understand where you are going wrong with your numbers. What broker are you using and what software platform? Also can you mouse over and take screenshots of your volume bars for the (3) 8 hour candles and the (1) daily candle where the volumes don’t seem to be lining up, and post them here. This is a great question and if we can get to the bottom of it I will put it in the quick nav. section of the thread for future members of this thread.
[QUOTE=“krugman25;579242”]High risk events for week of 12/16
<img src=“301 Moved Permanently”/>[/QUOTE]
Thanks Aaron, just out of interest which site is this from? I currently use forex factory calender but I like how the very high impact events are indicated clearly on what you post here.
Thanks as always
BA
[QUOTE=“krugman25;579266”]
Forex Economic Calendar @ DailyFX
You can filter by event importance[/QUOTE]
Thanks Aaron, this is great. Last trading week before the Christmas holidays. I’m expecting a slower week and being very cautious about which signals if any I take.
Ah, Christmas. I’ll finish this song once I get the groove. 
On the twelfth day of Christmas, my Forex gave to me…
Hi all!
After 10 days in gorgeous Thailand, I’m back! Catching up with what’s happening here and I’m so excited about all the ups and the downs, there’s something to be learned in all of it.
Cheers
Guys, thank you for sharing so honestly. It’s a pretty painful place to be in, don’t we all know it so well.
Something just came up in my mind that might also explain the current situation of many more losing trades and bad, gamble-like decisions being made. It’s the fact that it’s almost the end of the year!
We are all tracking our progress closely and the thought of having a losing year just sucks, nobody wants that. Again, ask me how I know this hahaha. Two years ago I can distinctly remember this bothering me and I made a trade, oh boy I wish I didn’t, I’m still paying for that mistake. It was like taking one huge gamble to make up for the entire year’s losses and them some. I don’t need to tell you guys how that one ended.
If the end-of-year pressure starts taking it’s toll, would recommend two things.
[ol]
[li]Measure your success from a recent time, like beginning of the month versus the entire year. This might take some pressure off.
[/li][li]The other option is to simply not trade until the new year. There is something much more refreshing about 1 January, new energy and new motivation for the year than middle December trying to claw your way back in a market that’s slowly losing volatility.
[/li][/ol]
Take care guys,
Cheers
How the student has become the master. lol
Good advice.
Darth
Haven’t got any graphs but did anyone else trade those sweet BUEB on DAX30 D1 and S+P500 D1 Yesterday?
Darth
Hey Darth,
Haha no not at all. I just sometimes think what I would want to say to myself a couple of years ago, knowing what I know now. Would have saved me a lot of trouble! 
Cheers
Thx Aaron. It’s ok not remembering the context, as the original post was some time back. Fortunately, it can still be discussed in isolation.
I’m not sure I understand “a modified SL entry and the break”. Did you mean “the break entry with a modified SL”? If so, this I understand.
What about “a retracement entry at the break”? Wld you kindly elaborate? 
Thx for your patience.
Henry
Hey Darth - I’ve got my eye on those - I wanted to take a 50% retrace entry off those candles and am waiting to see where today’s bar is going to close - if it is an inside bar (to the BUEBs) then will take a trade off those
Cheers.
I think the S&P presents the slightly better setup in terms of RR - here’s the chart. But I am priced out of this trade as my account size is too small 
(and it’s like 61p per pip…!)
My bad, just some typos. I meant “a modified SL entry [B]at[/B] the break” and was talking about the risk of a modified SL entry vs. a retracement entry.
I also like this trade, it looks like a solid setup, although for the same reason I wouldn’t trade the US dollar before the big Fed news tomorrow I also wouldn’t be trading US indices. I do anticipate that the Fed will not be tapering this quarter and we will see a pop higher in the markets as the markets have already priced in the chance of a taper.
I also like this trade, it looks like a solid setup, although for the same reason I wouldn’t trade the US dollar before the big Fed news tomorrow I also wouldn’t be trading US indices. I do anticipate that the Fed will not be tapering this quarter and we will see a pop higher in the markets as the markets have already priced in the chance of a taper.
I am in 2 trades that have been going for a few days. Both involving USD. One is in slight profit. The other is slightly down. Should i be getting out of these before the announcement tomorrow? I hate to throw away 2 trades that i liked just because they havent moved much in the past few days and now there is big news. But i dont want to be gambling either
The decision is yours to make. But think of it like this:
Is it worth risking your capital just because you like the trade idea? We all know the markets go crazy during high impact news.
The market will give you many new trade opportunities in the future but it won’t give you your money back in case you get stopped out of those trades during the news… 
I’ve set a pending on both s+p and dax, though my broker for s+p allows small lots so my risk for this trade is only 0.7% which was been triggered at 1782 but for my DAX my broker is showing a similar price as your S+P.
Though I wish i could post a graph I am loving the DAX BUEB D1 as its off a VBRN of 9000.00, good swing low, and hella commanding and with my retracement level is giving me a R:R of 2.3:1. I just wish I wasn’t risking 5% on it as I can’t really handle another big loss at them mo. Oh what is a trader to do?