How to use Support and Resistance Effectively - page 52

Linuxser
5921
Linuxser  
FXBabe:
where did I go wrong please?

sl got hit. where does bubble put his sl?

thanks.

Hi FXBabe, if you get your SL hit is because you decide to protect the trade against a huge lose. This is one of the more important things for a trader.

Protect yourself against the loses will help you to stay in business more time than if don't set your SL.

There is some way to trade without SL but is for veterans and depends on how they focus the trading style and your wallet. But this theme is for another thread.

Stops hits are part of a trader life. You need to learn to live with the idea that not all trades would be winners.

FXBabe
272
FXBabe  
Linuxser:
Hi FXBabe, if you get your SL hit is because you decide to protect the trade against a huge lose. This is one of the more important things for a trader.

Protect yourself against the loses will help you to stay in business more time than if don't set your SL.

There is some way to trade without SL but is for veterans and depends on how they focus the trading style and your wallet. But this theme is for another thread.

Stops hits are part of a trader life. You need to learn to live with the idea that not all trades would be winners.

cool. i'll carry on trying. if you are using this method please post some charts. i'll continue to do the same.

FXBabe
272
FXBabe  

Theres a support level at 112.70 area. Will you be going long? if so when will you enter with what sl and tp?

spynamax
34
spynamax  

No trade it's my opinion....trend 4h new low and down and trend 1h same down!!! but i have another price... WHC Broker!

Files:
Guyver
1152
Guyver  
Linuxser:
Hi FXBabe, if you get your SL hit is because you decide to protect the trade against a huge lose. This is one of the more important things for a trader.

Protect yourself against the loses will help you to stay in business more time than if don't set your SL.

There is some way to trade without SL but is for veterans and depends on how they focus the trading style and your wallet. But this theme is for another thread.

Stops hits are part of a trader life. You need to learn to live with the idea that not all trades would be winners.

Hi Linuxser,

Good comments, i always find usefull information on this thread.

gbot
239
gbot  

Eurjpy +200 Pips Trade Today

no longer relevant

rsi
5
rsi  
bubble:
Hi all,

Please remember trading retracements is not just a case of taking every retracement during a trend there are a number of other factors that need to be taken into account.

bubble

Hi bubble,

Great to see you back. Nice to hear that you made good profit on the very first trade of the year.

My request is, can you kindly explain

1. Which are the retracements that are to be traded and which are not to be traded?

2. What are these "number of other factors needed to be taken in to account" mentioned in your post?

Thanks in advance and regards

gbot
239
gbot  
rsi:
Hi bubble,

Great to see you back. Nice to hear that you made good profit on the very first trade of the year.

My request is, can you kindly explain

1. Which are the retracements that are to be traded and which are not to be traded?

2. What are these "number of other factors needed to be taken in to account" mentioned in your post?

Thanks in advance and regards

Hi rsi,

good questions, unfortunately i wont be discussing the techniques that i use on a public forum.

bubble

Guyver
1152
Guyver  
bubble:
Hi rsi,

good questions, unfortunately i wont be discussing the techniques that i use on a public forum.

bubble

Hello Bubble good to see your post,

A very happy new year to you

wish you the best for 2008

Best regards

Guyver.

spynamax
34
spynamax  

tank you bubble!!

Welcome back and happy new year bubble!

tank you for open our mind about trading methodology...no other thread to compare and what you have get us!!!

Tank you again very much...