Search results

  1. cornix

    Cornix's Forex Trading Journal

    Short @ 1.3987.
  2. cornix

    Cornix's Forex Trading Journal

    Stopped out -6 pips.
  3. cornix

    Cornix's Forex Trading Journal

    Short @ 1.3985.
  4. cornix

    Cornix's Forex Trading Journal

    Stopped out -4 pips.
  5. cornix

    Cornix's Forex Trading Journal

    EURUSD short @ 1.3969.
  6. cornix

    Cornix's Forex Trading Journal

    Whatever you feel better/safer to trade is the best for you to trade. :D I have no reason to convince anyone to trade one market or another... Just share my own experience, which is not negative regarding the spot FX brokers I used.
  7. cornix

    Cornix's Forex Trading Journal

    Yeah, this problem only actual for crappy "brokers", not for spot FX as a whole.
  8. cornix

    Cornix's Forex Trading Journal

    Yes, but average deal cost is higher vs. spot @ Oanda. Adds up when you have 10's of trades a month and tiny average profit per trade. And as for news, I don't trade the big news anyway, so spread widening is not an issue practically.
  9. cornix

    Cornix's Forex Trading Journal

    Spread increases around big news @ Oanda and yes, occasionally may stop you out. But generally no problems about it. It doesn't anywhere near turn profitable strategy into losing one. :)
  10. cornix

    Cornix's Forex Trading Journal

    Trade both, but mostly spot. Spreads these days allow for very tight stops.
  11. cornix

    Cornix's Forex Trading Journal

    Always have fixed stop-loss attached to the entry order even before I enter a trade. Amount of that hard stop-loss is 6 pips. But I tend to make it even smaller according to price action after the entry, so actual losses are often smaller, like 3 pips etc.
  12. cornix

    Cornix's Forex Trading Journal

    So runners occur mostly when market really breaks out and doesn't look back. Then I can take 20 or even more pips on a single trade.
  13. cornix

    Cornix's Forex Trading Journal

    Exits are very simple: as price starts to stall when trade is ITM enough, I bail. Often market indeed offers much more than I take, but quick scalps make equity curve much smoother and emotionally that's more comfortable. Statistically I know for sure that holding for more would make more...
  14. cornix

    Cornix's Forex Trading Journal

    Long stopped out b/e.
  15. cornix

    Cornix's Forex Trading Journal

    EURUSD long @ 1.3959.
  16. cornix

    Cornix's Forex Trading Journal

    Closed short for a profit of 6 pips.
  17. cornix

    Cornix's Forex Trading Journal

    EURUSD short 1.3965.
  18. cornix

    Cornix's Forex Trading Journal

    Done for today, troubles in Japan caused a lot of volatility. Here's the chart explaining today's best EURUSD scalp trade: http://www.cornixforex.com/2011/03/forex-scalp-example-chart.html
  19. cornix

    Cornix's Forex Trading Journal

    Shorted 1.3934, but already stopped out b/e.
  20. cornix

    Cornix's Forex Trading Journal

    Stopped out of short for -3 pips.
Back
Top