natruetalk:
to me nothing, i follow my MM style. what if the trade goes other way ? trade is like that atleast i planned to save my capital. though i missed that move but another one will come.

Tell me your own story i want to learn more
cheers.

natruetalk: My experience on last week trade and lesson learned

I end last week positively but yet learn some lesson from my trade.

Firstly lession:-
On EUR/NZD i took a risk on the pair entered emotionally simply because the north move was on straight 4days with good pips upward. sighted a not cleared enough mini-resistance i ignored some other aspect i suppose to considered & entered the trade with 80pips SL with the hope of catching some pips before it resume back her north journey, babysitted the trade because i understood it was a risk trade.
bad side of it i closed the trade with negative 25pips
good side of it, i didn't deceive myself by fighting right with the market then i save myself 55pips.

Second Lession-
After a good analysis of chart on Crude oil with my master last Thursday, we conclude the commodity has higher probability of moving north. i entered the trade but oil did not initially made up her mind. emotionally closed the trade with small positive pips, entered again close with positive pips after some hours then made up my mind to closed the day on oil for total of +92.
open my chart on friday noticed the oil still strong on the upward move. this time i made up my mind to join the train with 100pips SL then close my chart to come back 3pm to avoid emotional trade this time.
came back to open my chart at 2.45pm met the trade with 55pips red. i said to myself 3pm might be disaster for the pair then closed my trade with 60pips negative 5 minute later. behold my people the candle close at 3pm 3pip below the closed 60pips red and the new candle open by 3pm was a longest on north move with 200pips left me behind with the stress of identifying the good tradingsetup with my boss while those we took the trade together smilling with over 300pips from thursday and still on the trade.

What did i do wrong?
to me nothing, i follow my MM style. what if the trade goes other way ? trade is like that atleast i planned to save my capital. though i missed that move but another one will come.

Tell me your own story i want to learn more
cheers.

natruetalk: My experience on last week trade and lesson learned

I end last week positively but yet learn some lesson from my trade.

Firstly lession:-
On EUR/NZD i took a risk on the pair entered emotionally simply because the north move was on straight 4days with good pips upward. sighted a not cleared enough mini-resistance i ignored some other aspect i suppose to considered & entered the trade with 80pips SL with the hope of catching some pips before it resume back her north journey, babysitted the trade because i understood it was a risk trade.
bad side of it i closed the trade with negative 25pips
good side of it, i didn't deceive myself by fighting right with the market then i save myself 55pips.

Second Lession-
After a good analysis of chart on Crude oil with my master last Thursday, we conclude the commodity has higher probability of moving north. i entered the trade but oil did not initially made up her mind. emotionally closed the trade with small positive pips, entered again close with positive pips after some hours then made up my mind to closed the day on oil for total of +92.
open my chart on friday noticed the oil still strong on the upward move. this time i made up my mind to join the train with 100pips SL then close my chart to come back 3pm to avoid emotional trade this time.
came back to open my chart at 2.45pm met the trade with 55pips red. i said to myself 3pm might be disaster for the pair then closed my trade with 60pips negative 5 minute later. behold my people the candle close at 3pm 3pip below the closed 60pips red and the new candle open by 3pm was a longest on north move with 200pips left me behind with the stress of identifying the good tradingsetup with my boss while those we took the trade together smilling with over 300pips from thursday and still on the trade.

What did i do wrong?
to me nothing, i follow my MM style. what if the trade goes other way ? trade is like that atleast i planned to save my capital. though i missed that move but another one will come.

Tell me your own story i want to learn more
cheers.

natruetalk: My experience on last week trade and lesson learned

I end last week positively but yet learn some lesson from my trade.

Firstly lession:-
On EUR/NZD i took a risk on the pair entered emotionally simply because the north move was on straight 4days with good pips upward. sighted a not cleared enough mini-resistance i ignored some other aspect i suppose to considered & entered the trade with 80pips SL with the hope of catching some pips before it resume back her north journey, babysitted the trade because i understood it was a risk trade.
bad side of it i closed the trade with negative 25pips
good side of it, i didn't deceive myself by fighting right with the market then i save myself 55pips.

Second Lession-
After a good analysis of chart on Crude oil with my master last Thursday, we conclude the commodity has higher probability of moving north. i entered the trade but oil did not initially made up her mind. emotionally closed the trade with small positive pips, entered again close with positive pips after some hours then made up my mind to closed the day on oil for total of +92.
open my chart on friday noticed the oil still strong on the upward move. this time i made up my mind to join the train with 100pips SL then close my chart to come back 3pm to avoid emotional trade this time.
came back to open my chart at 2.45pm met the trade with 55pips red. i said to myself 3pm might be disaster for the pair then closed my trade with 60pips negative 5 minute later. behold my people the candle close at 3pm 3pip below the closed 60pips red and the new candle open by 3pm was a longest on north move with 200pips left me behind with the stress of identifying the good tradingsetup with my boss while those we took the trade together smilling with over 300pips from thursday and still on the trade.

What did i do wrong?
to me nothing, i follow my MM style. what if the trade goes other way ? trade is like that atleast i planned to save my capital. though i missed that move but another one will come.

Tell me your own story i want to learn more
cheers.

naijababe:
The week ahead, I expect to see oil pull back to 105.5x area and head to 108.80, maybe even break it for destination 110.4x

natruetalk: Alot of bargain in the market this week as i saw some good set-up on many pair. i pray May God Almighty open our eyes to pick the right one
be patient and trade responsible.
am eyeing to buy eur/gbp
goodluck

Kirinwa: Gold buystop activated 1401

onlineresource:
gold has nt even touched 1400, you are saying gold buy activated at 1401...

natruetalk:

at this point only nzd news with good data can save EN , and all N pair. the pair has tried breaking any breakable resistance

looking toward sunday night for NZD TRADE BALANCE that could be turning point

natruetalk:

2 minute more

onlineresource:
gold has nt even touched 1400, you are saying gold buy activated at 1401...

naijababe: Sold US oil with 40 pips sl, tp at 106.10 near the weekly pivot, dark cloud cover at resistance with oscillator in overbought region.If the hourly chart interests you, there is also a bearish divergence there.

I am test-driving a mechanical trailing method which means I will check my chart three periods after I open a position. Since I trade the 4h tf, I will not be checking this position or NL until 5pm . Some of y'all a beginning to sound like CNBC and frankly speaking, I can do without the distraction.

rozayx5:

nice one, staring @ the PC to monitor trades sometimes, spoils someones trade plans for the week

Kirinwa:

If you don't know what a buystop is. Kindly ask for explanation.

Fxwarrior: Brothers please I need a good Samaritan to help me with $20 forex capital.I use forextime but if you want me to open account with your broker I would do so.God bless you.

sam ogo:
Nobody has still helped u since? Why not raise money from instaforex forum. I ve $110 presently to recieve in my acc by month end. I got $100 3 months ago which i have withdrawn abt $250 profits from.

Fxwarrior:

Please help a brother.Should I open account with instaforex?Please in the name of God,help.