Reaver, my over-levering has also been "mishaps", but I do double and triple good scalps when they confirm my setup. Just now I am halving my normal scalping sizes - because I don't want to see any bad drawdowns and I am not doubling/adding to scalps. Won't venture into longer term trades just now - and I feel bad if anyone went long after US RTH yesterday without stops... hehe - that would probably mean they cleared out their accounrs somewhere along the night, if they traded the EURJPY. US futures looking very bad, but someone will probably turn that into "good news" in the US somehow - just like the other days. The people on TV keep smiling and talking abut "bargain hunting"... lol.
lol, check out Eur/Aud, 100 pips in 3 seconds, literally! Slippage is crazy, I got filled 120 pips better on one trade! Oanda are gonna reverse some of my trades I just know it ....he's a pinball wizard....lmao
LOl yeah trust me I am with you on that. I usually trade on a larger time frame...and I was getting hit on the head out there. I actually had to sit back and learn to trade with a much shorter time frame in order to get in gear. I went from daily charts to trading 1 and 5 minute charts. Feels good to sit here switched on during this shit. I just made that hundred pips back Oanda screwed me out of with their magical server outage a few minutes ago.
yeah yeah yeah Just trade instead of over-analyzing, this is free money. Keep risk limited just the same as you normally would, that's what stops are for. Give the market plenty of room by reducing trade size and you'll be fine. Analysis and the rule book go out the window when it's like this, just as long as you manage risk then everything will be fine, trust me I'm a forex trader Trade and make some money......or don't
Just like I said ... 120 is nothing, and all that "Fibo-talk" is just trying to fit a mental distortion on what is happening. That is why we easily are seeing 117. To understand markets just now - they are "mechanical" as well as "over-noisy" because of the scarcity and lack of perspective from the participants. This also makes it close to impossible to predict markets - because there is simply not a discernible "pattern" - rather a "consumptive function" of the market turmoil and panic. Anyone can easily get wiped out in this market, unless they apply very careful risk management - and the more they trade now, the greater the risk. Hehe, well - it makes sense, but it is rather sad not being part of all these enormous moves... However, rather slap your face than hit the trade buttons right now - until you have some idea of what will happen, and are not just simply gambling -- which I think most trading currency is amounting to just now.
lol, but you're looking to Buy, incredible :eek: You've been scalping long for the last 1,000 pips down, but now you're saying "Just like I said ... 120 is nothing....That is why we easily are seeing 117" "I am aware of the current effects and mechanisms playing into the currencies"......gimme a break!
cabletrader, give it a rest - you are snipping and juxtaposing my views. They are consistent - and I have explained them several times, so unless you want to turn this thread into a bash contest - give it a rest already. I don't know how you are trading just now - if it's simply gambling or riding the drop down. I have not been trading much during this - only one lucky scalp during this -1000pips 10 hour drawdown. So stop misrepresenting my statements, please...