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- Petemeister replied Dec 14, 2012
I am going to trade this if we dip close to 13103, SL at 13097, TP at 13135/45 area
EURUSD
- Petemeister replied Dec 14, 2012
Looks like my gut feel that it's not a pump and dump was right. Glad I exit my short, but shame my long got stopped out at BE.
EURUSD
- Petemeister replied Dec 14, 2012
The answer must be with Money Management then. Set a threshold for daily stop loss (e.g. 2%), weekly (5% perhaps) , and monthly (10%) to make sure that you limit your loss on a month where things are just behaving out of ordinary.
EURUSD
- Petemeister replied Dec 14, 2012
I also short earlier from 1.3112 targetting the sell stop below 13040, but the PA does not looks like it's going to be a pumo and dump so I close my short for +8 pips. Considering now a long just above 1.31 with tight stops to target the buy stops ...
EURUSD
- Petemeister replied Dec 13, 2012
took a small short on CHF / JPY, 20 pips SL... risky countertrend trade, so risking 0.5% only.
EURUSD
- Petemeister replied Dec 13, 2012
True, people who want to flatten the position the most might be those who long the JPY cross just in case LDP did not get the majority that they want.
EURUSD
- Petemeister replied Dec 13, 2012
My preferred scenario would be for the buy stops above 13100 to be triggered first, in which case I am planning to open 2 short position, the first one aim for 13025 and the second to hold till next week. If the floor at 13040 got triggered first, I ...
EURUSD
- Petemeister replied Dec 13, 2012
I think the move that will hurt the most will be to trigger both buy stops above 13100 and sell stops below 13040 today. For this to happen, the floor should hold 13025 and the ceiling should hold 13125. I am planning to fade whichever stops get ...
EURUSD
- Petemeister replied Dec 13, 2012
Hi All =) So we had a bullish start to the week, the market got the QE4 that it was expecting, and solid consolidation on Thursday. Friday is typically a stop hunt day, what would need to happen on Friday to hurt the most people and took away their ...
EURUSD
- Petemeister replied Dec 5, 2011
I think it is a perfectly valid point that for some people news feed are useless. If one cannot interpret what news means, and if one trading success based on intepreting the news is a net loss, then one can successfully argue that news is perfectly ...
EURUSD
- Petemeister replied Dec 2, 2011
Yeah, I know... will wait for the dust to settle down before committing to any trades...
EURUSD
- Petemeister replied Dec 2, 2011
NFP number — Hi guys.... for those trading NFP today, the expected number is a gain of 126k. How do you think a better than expected number will be for Eur USD? In the past, good US number is good for risk and therefore bullish for Eur USD, ...
EURUSD
- Petemeister replied Dec 2, 2011
Be careful with scalping on the short side.... looks like it's going to pierce 13500 level soon...
EURUSD
- Petemeister replied Dec 1, 2011
I will do the service for you cloggie... calling for a HUGE short at 13490 with 20 pips either way of SL and TP
EURUSD
- Petemeister replied Dec 1, 2011
Hmm... not sure if it is a good idea mate.... I think before NFP release tomorrow, we will be at a range between 13370 and 13570 (give or take 10 pips).... so 13510-13540 is a good shorting opportunity imho.... and 13390-13420 is a good long ...
EURUSD
- Petemeister replied Nov 30, 2011
Newbies here — Took 2 trades long EU at 13488 with both SL at 25 pips. TP for 1st trade 50 pips and 2nd trades 75 pips. GL all!
EURUSD
- Petemeister replied Nov 21, 2011
Hello ALL! — I've been having such a success with my demo account, so I'm keen to make it to the real world now
EURUSDWish me luck!