There is barrier hunting in FX in which the owner of a touch will push the market when spot gets close to a barrier strike. Stop hunting. There are a million ways to get fucked in FX. Spot, futures, doesn't matter.
i am flattered that you reply to my post but does that not happen in commodities and stocks? i am sincerely asking your view on this after being fucked in everything. that is why i scalp and i am in for one bar at the most......i tarde 5 min gold..xauusd
@padutrader Destriero is correct. However, I sent you a PM, describing how to fix your problem, step by step, and offering you some solutions. Hope it helps...
i fix my own problems...... and i do not think fx are the/a problem........it is my needs that are the issue.....and i do not want to hold a position beyond 5 min.
"but does that not happen in commodities and stocks? i am sincerely asking your view on this after being fucked in everything." Dear @padutrader, I was simply trying to offer my personal view, based on 22 years of being a full-time professional trader (ALL I have ever done since graduating from college!). Holding FX positions for a maximum of FIVE minutes, expecting a winning scenario, is not realistic. It is not possible, consistently... I do not believe "you can fix your own problems", otherwise you would not be venting out on ET. That said, I think you have been involved in the markets for like 20-30 years? If that is correct, my only advice is to QUIT, and move on. There is nothing wrong with that. There is NO reason why you should subject yourself to this much pain & frustration... SINCERELY, answering you...