es/pip wrote:out +2 gu
+10 eu
my last closed eu h4 is momo up
PA, S/R, ZL, EXTREMES & MOMO
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your doing a great job! i just try to learn
thanks for your explanations.
I was just interessted in how you manage it. Because always when i let my trades run against me that far i dont limit my losses consequently because of emotion i think. Then i keep it longer than i should which makes them way too big. Thats why i stopped letting them run against me so far. This matches more to my psych i think...
if you have a style that works it doesnt realy matters how it looks like, right?
thanks for your explanations.
I was just interessted in how you manage it. Because always when i let my trades run against me that far i dont limit my losses consequently because of emotion i think. Then i keep it longer than i should which makes them way too big. Thats why i stopped letting them run against me so far. This matches more to my psych i think...
if you have a style that works it doesnt realy matters how it looks like, right?
FXfreak wrote:scratty wrote:hi fxfreak
price went ~30Pips against you. When would you exit if the movement is against you?FXfreak wrote:Took profit at 40. Sell at 38. I hope to see a retracement. I have no take profit yet. yiihaaa
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EDIT
out +15
56 + 15 = 71 pips for today!
I would have accepted A LOT! As I wrote next support would have been 25/35. If this support would not have been good for a reversal I would have been out with a loss of 50-80 pips.
i would pay that from my profits! with a small sl i'm always afraid that i could be wrong. but when a trade is 30 pips against me that doesn't mean that my analysis is wrong. it is only trading without confirmation from m5.
look at my entry short at 40. no confirmation from m5. i was sure price would retrace. but price could easily have spiked up to 50 or 60. in this case my sl would have been near 70.
now i add 71 pips to my sl
Lose professionally!
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