[Archive] FOREX - Trends, Forecasts and Consequences (Episode 11: January 2012) - page 205
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now there will be another yellow oval and then maybe down?
Do you have to be all the way down?))
Margaret, what happened in Australia, did the kangaroos die out?))
The tactic is certainly interesting - it's more like a kamikaze principle - wait for the losses - and if what? And it's stupid to hold a position that will bring you no more than 100p in case of a reversal in the opposite direction with a drawdown of 450p - all this is not trading but an attempt to play in the casino...
If you treat Forex as an exciting game then yes, but if you treat it as a way to earn money then very good
1.0372 (double trends) a concrete downward correction.
Tantrik, I'll let you in on a secret, only you to nobody, on the aud trending down since the middle of last year, so anything up is a correction)))
Do you have to go down only?)))
There's the mobile, as you once called it "over-sitting tactics", but I'm with you
it's not an over sitting tactic. Surviving tactics are when people endure large drawdowns to earn some profits. That's not the case with me. I'll tolerate drawdowns of up to 200pp, but I usually have a TP of at least that much as well. Guys, don't be so surprised by my drawdowns. I do not work intraday. Imagine that you have moved to a D1 or W1 chart and enter from it - because you certainly cannot enter perfectly, but the SL and TP will be considerably farther than yours
Not much experience - you'll see for sure.
How do you know about my experience?! I've been on the Fora for years.
it's not a sit-stand tactic. Over sitting tactics is when people withstand large drawdowns to earn some profits. It's not like that for me. I'll tolerate drawdowns of up to 200pp, but I usually have TPs of at least that much. Guys, don't be so surprised by my drawdowns. I do not work intraday. Imagine that you have switched to D1 or W1 chart and enter from it - because you certainly cannot enter perfectly, but the SL and TP will be considerably farther than yours
Yeah, it's not about the TF, it's all about the pips, they're all about the pips))))))
That's why I asked about the TF. On the minutes it is impossible to see a profit of 200 pips)))))