maybe I'm not getting your whole system, but with a profit of 20 and a stop loss of 100 you need to be right 5 times to cover being wrong once? I know you might use trailing stops, but the best that will do is 20/80
but you tell that the shorter trigger ususally gets hit first and you should...
the general consensus (dailyfx is telling it is a virtual 100% certainty) is that they will drop the rate another .25. my question is - is the rate cut already priced into the market? Considering that 2 weeks or so ago that the consensus was about a 10% chance of a cut and since that time the...
actually, you cannot lose your whole balance because the cost of your open positions is not included in your balance. if you start with $1000 and open 1 mini lot at 100:1 margin, your equity balance is $900 less the spread. if you lose $900 on that position, they will call your account and close...
I am awesome at picking tops and bottoms. the problem is that I have been buying at the top and selling at the bottom. just ask me what I am doing then do the opposite
if you are going to carry trade the GU, you need to be prepared for spikes up or down around US and UK financial news release times. the biggest indicator, and usually the biggest spike in this pair comes on the first friday of almost every month. This particular month's news release should not...
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