Whether you can or you can't, you are both right.
Trend Manager Trading System 153 replies
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hksweeper's Trading Journal - Reaction Trend System 20 replies
Disliked{quote} that is so crazy, do you know what happened? Intrest rate change?Ignored
DislikedWith a shock like this, however rare, can make you really take a look at the amount of leverage you put on. Stop losses may not even execute anywhere near where you think it should with moves like this. I took the exercise to take a look to see if I had been on the wrong side of EURCHF or USDCHF. Think most of us should do the same and see what the negative impact would be. WOuld you be wiped out? I'd be down 12% on EURCHF based on my position sizing leading up to the move. Hurting, but not out.Ignored
Disliked{quote} Hi Himesh, That's a very good question. Firstly, usdtry is in an uptrend, but there are relatively stronger pairs out there like usdhuf, usdczk, usdcad which i prefer to long. 2nd, i don't trade off the weekly charts. However i do trade the 1 hour and 4hour charts. So a possible scenario is i'm stopped out on the 1hour, and on the 4hour i'm presented with another trading opportunity. What do i do? I trade it as well! I'll gladly cut and re-enter if need be. My loss is only 1R, very acceptable if you ask me. Does that answer your question?...Ignored
Disliked{quote} Dodged a bullet with this one but yeah, brokers failed to execute stop losses at clients prices, just serves to remind one how extremely risky forex trading is.Ignored
DislikedEurchf daily, kaput! {image} Their stock market isn't spared either {image} Hope none of you are affected fartistIgnored
Disliked{quote} Hi Rayner. It has been, without any doubt, the sharpest movement I have seen in the market. I had USDCHF, and thank god my stop loss was in place. I lost only 1R, compared to 45R I would have lost without the SL. Here is when you realize of how important stop loss is. Looking forward to your next market analysis!Ignored
DislikedFind out which brokers are affected here. http://forexmagnates.com/is-your-bro...l-time-updates fartistIgnored
DislikedI want describe my own strategy based on trends. Strategy uses two indicators ToWave indicator and TREND-MA. The indicator TREND-MA draws support/resistance lines. The indicator ToWave uses Elliot theory base. Look on price changes, ToWave builds extremums('resistance points'), fractals (significant point of trend). The principle of this strategy: 1) we build H1 and M15 trends using two last fractals of towave indicator 2) trade is opened when M15 trend is broken (crossed) through resistance point (+/- 3pips) in one case - with breakthrough H1-trend...Ignored