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BOT 100,000 GBP GBP.USD Cash 1.57360 USD IDEALPRO 10:12:26 stop 1.57155 target 1.57970

thank you I was needing clarification on the leverage issue. I thought that because I wasn't using even 100:1 I was saferer LOL, I guess there's no such thing as safe! I'm not new to trading just new to forex. I have an approach that I'm working on that honestly I don't need to use the...

I appreciate the warnings and I'm trying to get an understanding of what your saying, remember this is 40:1 NOT 400:1 leverage. If 40:1 is seriously risky then what amount of leverage is safest other than 1:1 or not trading? in the USDCAD trades at trading 200,000 each pip is $20.00 and 20...

range trading with 5 pip stop.

Thanks for your input, i'm looking for that. I made a mistake in the the entry and stop placement. expecting a resistance level to hold. I didn't need to risk 50-100 pips to test that hypothesis. I was too early in that entry and i'm still getting a feeling for forex. If my approach to...

Was stopped out of previous trade now short SLD 200,000 USD USD.CAD Cash 1.044 CAD IDEALPRO 15:09:58

SLD 200,000 USD USD.CAD Cash 1.044 CAD IDEALPRO 13:59:18 stop 1.0445

my new bestest trading buddy Gcapman:p This is just a technical base day trade not a position trade. I know I'm swimming upstream ......again ugghh Since you mentioned it can you tell me about your analyis? update: SLD 200,000 USD USD.CAD Cash 1.0438 CAD IDEALPRO 13:29:31...

BOT 200,000 USD USD.CAD Cash 1.0433 CAD IDEALPRO 12:43:32

This mornings USDJPY trading went well, took a small loss when a trade didin't work out (-7000 yen) and the second trade risk was actively managed as was open equity resulting in a net gain of (53,100 yen). This trading differed in that I didn't have a longterm short pattern to lean against and...

Close long was short 200000 then reversed to long BOT 400,000 USD USD.JPY Cash 90.195 JPY IDEALPRO 10:34:40 SLD 200,000 USD USD.JPY Cash 90.460 JPY IDEALPRO 11:43:18 total profit 53,100 yen

trend resumed, covered short with -7000 yen loss now long I'll add im a new forex trader :(

at the time everything looked ok here, but what may have contributed to my poor trade management was fatigue, I was physically tired but in the middle of the trade and I was looking for the 88 level ultimately, which would have been a profit of about 5K.

Now you tell me, LOL :D Gcapman check out the link to the trade you commented on last night. I'd appreciate your input. order to reverse and go long at 89.965

Good statement, not sure where your coming from though. The shortterm trend is up and longterm down, there are opportunities for contertrend shortterm trades and I decided to take it. Not being bull headed or stubborn just didn't see a bullish setup I could take. Seems to be working but...

I may have too much positive expectation. LOL One of the things I've been dealing with is expectation of profit. I may notice a trade setup that has a excellent long term profit potential and seem to be very patient in waiting to receive the expected profit and as profitablity increases...

SLD 200,000 USD USD.JPY Cash 90.140 JPY IDEALPRO 09:20:28

I'm out with a small profit and you were right it looked like it might flip over but never did and looks stronger than ever.

I know doesn't look like its gonna work, oh well, hindsight should have taken profit when shorterm trend ended.

SLD 100,000 USD USD.JPY Cash 90.006 JPY IDEALPRO FEB 15 16:45:24 SLD 100,000 USD USD.JPY Cash 90.025 JPY IDEALPRO FEB 15 17:56:49 We'll see If I can hold out for 88.000 level