But a little gain can make you feel pain. Seemed that I went flat too early - again. I had to work with this problem - and my exit rules. See your later.
LOL Baruch, My sympathy. Sad to see other people suffer the same problems I do ... when u figure out how to overcome them I hope to benefit with you. Kiwi
Yep, really frustrating to get shaked out of a good trade (had my share of those). On the other hand, you did not make loss either. Perhaps one possible way to help with this would be to spread your trades accross several pairs. They move pretty much in unison (several pairs gave signal this morning your time) but there is enough variation between the pairs that maybe you will get shaken out of one but not the others...this could make your equity curve a little smoother. Certainly have not tested this, just an idea. Bungle
hi baruch yepz i saw the same trading positions, alas only this morning! =( was dead tired yesterday so i crashed early. btw i rem u wrote u trade GBP/USD and EUR/USD? How do you like their movements? I seem to notice that GBP lags behind EUR and CHF sometimes, which is a good entry indication, not to mention it tends to have larger movements. I like CHF too, seems to follow technicals rather well. =) jerome
Hi Baruch The thread looked very interesting and I thought I would follow it. Like you I trade off a 30 min chart but mostly Support and Resistance. (Naked) I do use the 20, 34 and 50 ema as guides. I look for low risk to reward ratio trades in the area of 5:1. Your style is excellent and I thank you for sharing it ... I will check it out and do some back testing to see if it can fit into my trading. Thanks again and congratulations on an excellent job.