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bizWiz
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eToro
in
Brokers
Dec 16, 2009 at 12:16
😁😁😁
Rsi Breakout
in
Experienced Traders
Dec 16, 2009 at 12:05
starting to sell gbpusd.checkout my chart - the green channels are still active, the red ones are dead.<a href=http://www.myfxbook.com/files/biz0101/49.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/49.png /></a>will sell the gbp at the next resistance.currently there are no set stops. as i believe the trend changed, we might still see the price going back to the ~1.66 levels. will see how it will progress, and will be ready to close it if i'll change my mind.it's the daily chart by the way.
VPS / experiences
in
Experienced Traders
Dec 16, 2009 at 11:56
it's a good idea. maybe that's what they're doing already..
Rsi Breakout
in
Experienced Traders
Dec 15, 2009 at 12:50
i used to trade exactly with the same setup - s/r + rsi + divergence, but it seems that it only works well in ranging markets. in trending markets you have a 50% expectancy of being right.would love to see a chart or two of your trade setups though 😄 - maybe you utilize your system in a different way than i did.
Rsi Breakout
in
Experienced Traders
Dec 15, 2009 at 12:28
so that's your trading system? how do you decide which way to trade?
Alpari Demo Managed Account
in
Trading Systems
Dec 15, 2009 at 11:29
😄 well, yes. i just attach it, and then click the insert button to insert it into the post.
Alpari Demo Managed Account
in
Trading Systems
Dec 15, 2009 at 11:20
yeah, i'm exactly in the same position like you.on one hand you don't want to trade since the condtions are not in your favour, but on the other you just want to keep trading to put your trading skills to the test.i think you have an excellent observation - currently only eur is going downwards while the rest of the currencies are almost not affected, so i think it is being manipulated while the liquidity is low.look at the chart i'm attaching:<a href=http://www.myfxbook.com/files/biz0101/eurusd.png target='_blank'><img src=http://www.myfxbook.com/files/biz0101/eur...
NEW skool trading or OLD skool trading
in
Experienced Traders
Dec 15, 2009 at 09:33
well said!
Rsi Breakout
in
Experienced Traders
Dec 15, 2009 at 09:29
eurusd already broke to the downside, but i haven't seen any good entries, the liquidity is very low, so i'm watching carefully.there must be a retrace to the upside at some point and this is when i'll enter.the gbpusd is still holding it's position, although i think it will plunge down also.
Alpari Demo Managed Account
in
Trading Systems
Dec 15, 2009 at 09:23
hi peter, looks like you've handled the trend change very well.i really like your trading!
admiral
in
Trading Systems
Dec 12, 2009 at 15:12
oh, got it 😉.
admiral
in
Trading Systems
Dec 12, 2009 at 15:03
are you claiming to not have currently a drawdown of 55%?equity means the true value of the account, so if you were to close all of your positions now, your account balance would drop by 50.55% - please correct me if i'm wrong.
Rsi Breakout
in
Experienced Traders
Dec 12, 2009 at 13:54
stopped on that last one.looks like i was right and the trend did change - only i wasn't quick enough to reverse my position.will look to enter shorts on the majors (eurusd, gbpusd).
admiral
in
Trading Systems
Dec 12, 2009 at 13:48
check the equity percentage - it's currently at 49.45% which means 50.55% drawdown.
JadeFX
in
Brokers
Dec 11, 2009 at 11:08
😁the regulation is there for a reason... and i'm sure many here would see it as a big negative point rather than an advantage.
Rsi Breakout
in
Experienced Traders
Dec 10, 2009 at 10:06
not happening much lately, probably because of the low liquidity which usually is the case when the year ends.
NEW skool trading or OLD skool trading
in
Experienced Traders
Dec 10, 2009 at 10:05
metall, you do have a good point, but i don't think you need to go that far.you can spread your risk by trading conservatively or trading different instruments.i think it's very difficult to maintain several account, especially for beginners.
Fapturbo
in
Success Stories
Dec 09, 2009 at 08:10
have anyone noticed that fapturbo 49 (http://fapturbo.com/fapturbo49.html) have been posting a myfxbook account on their website, but once the verification system was introduced, they've removed it immediately?unbelievable, just goes to show you that it's just another ripoff ea.fapturbo admin, where are you? care to explain?
Smartforexsignal alpha 1.1
in
Trading Systems
Dec 08, 2009 at 18:11
i'm willing to bet 100 bucks that he's trading a demo, hence why not verifying the account. finally we can know who is a trader and who's full of it. thanks myfxbook! 😄
NEW skool trading or OLD skool trading
in
Experienced Traders
Dec 08, 2009 at 14:17
FxiGor, i love your posts!thank you for sharing your experience.
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