Intraday FX Player

We have broken out from triangle (down)... Now let's see how it acts further...

 

hello players..

 

hi CF

nowadays, you are aiming at r/r at 2 or more : 1 , about 4%+ / 2%???

 

Will,

I always aim for at very least 4%. Take less only if PA seems obviously reversing against me.

4-6% is what I usually try to take in first trades of the day, then when have some PIB my plan is to try to fish for a BIG FISH...

 

Shorted @ 81.

 

but the bottom line (stoploss) is 2% of da a/c?

 

Squared near LOD for another 4% profit.

 

missed the congestion trade this morning, been sitting all today..

Not much noise, but not much movement after HOD, 100 pts range for 60min after lunch open..

where da f' is my vola?

 

Yes, 2% is the maximum risk per trade (not counting theoretically possible slippage cause of news spike or like that if such a case of course).

But often I get out of a losing trade for a smaller loss. All depends on PA.

How was your HSI day Will?

 

OMG, 100pt range in HSI is DA CRAP...

Well, practice now so you'll be ready for a paradise like last October.