EURUSD Move TP to 1.23385
EURUSD scale in @ 1.23317 SL: 1.23181
Adjust TP to 1.23367
I will leave these two trades open until Monday opening.
EURUSD, bot Profit Targets hit @1.23367. Take profit one: -$2.00. Take profit two: $100.00.
May I be so bold as to introduce three precepts for the thread (is that what you call it - a thread?):
- Speak up.
- Keep it simple.
- Be nice.
Thank you.
"……A precept is a, instruction, or order intended as an authoritative rule of action…"
Sorry our kid - you don’t get to "set rules "
Is that simple enough for ya ?
You forgot rule 3 bro
I can’t be nice so I didn’t say
no-one cares
Seems to me we’re looking at someone trying to create “A feeding frenzy” - based on mystery and "Black box " trading - but hey we’re reasonabe people - we’ll listen and observe - see if the Newb can come up with anything of merit - or NOT !
Reckon your right.
Spoiler alert there is no secret. Trade what you see before you.
Hi Falstaff, there is nothing ‘mysterious’ about trading. It is about probability estimating and risk management. A trader who trades with consistency and certainty has a trading system/methodology that works and he/she follows the rules of the system. In order to design a system that works one has to know and understand the nature of the market.
Here is the next entry: EURJPY ENTER LONG 2 LOTS @ 132.798 SL @ 132.615.
Exit/scale out with 1.7 lot size at 132.823 and move SL to 132.610.
Exit the remainder 0.30 lot at 132.825. Total profit: $39.58 + $7.54 = $47.12
I trade on GMT+2 - South Africa Pretoria Harare time.
The trading platform I use is MT4, Alpari.
So you risked $360 for a return of $47.
Don’t see much risk management there and we probably know what happens after 3 or 4 losses in a row. What, don’t you trust your analysis work bro?
Hi Bob, my current account balance is $6 509.36 with a leverage of 1:100. I trade with small stop losses at the moment because I am scalping. If possible can you explain as to how I can attach screenshots, ect? I don’t know much about forums and how it works. Will much appreciate.
Enter long USDCAD @ 1.26123 with a SL of 1.26009.
Move Stop Loss to 1.25897