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A 6 pip stop loss, did I understand your post correctly?

Buying USD/CAD at 1.0900, 30 pip stop.

Hi Tonkadad, In this particular case (turning 10K into 100K in 6 months), what you are saying is not true. Taking big risks in this scenario simply means that the trader needs to risk an ever-increasing capital to control more and more contracts in order to achieve his goal. Of course you...

Bought GBP/AUD at 1.8170 at the market, 50 pip stop. This should be an interesting trade (to say the least), with the Australian Unemployment Rate coming up at 9:30PM, New York time! Watch out, the GBP/AUD is a wild beast... :cool:

Possible triple-bottom formation on the USD/CAD (15 min)

Short AUD/USD with a limit order at 0.9337, 30 pip stop

Oh, now we are nice and polite, eh? I will give you the benefit of the doubt on this one and say thank you.

You really think I give a damn about 4 lousy small losing trades in a row? Trading is a marathon not a sprint, when are you going to get that through your thick head?

Short GBP/USD on a limit order at 1.6966, 33 pip stop. As always, trade at your own risk

Trade has now been closed for a 20 pip loss at 141.43. Possible short (or long) re-entry later. Never argue with the market.

Wow, I love flamenco too, Bob111! Here is a terrific piece played by the flamenco king himself, Spanish guitarist, composer and producer Paco de Lucia. Enjoy! :) www.youtube.com/watch?v=2oyhlad64-s

Swiss Unemployment Rate report in less than 45 minutes (1:45 AM EST). Not a major market mover but we never know...

GoldenMember, I think you missed a few "episodes". I did not complain about some images, I simply told the moderator that an ET user was disclosing private and personal information about another ET member on the forum. In fact, I don't even think it is legal to do that on the internet...

Hi Boskop. So far there are only 3 small losing trades, not 4, the long EUR/JPY trade that I initiated a few hours ago is still active and the 30 pip stop was never triggered. Don't pay attention to Drownpruf, he was probably thinking about the 4 margin calls he received during the last 4...

Then start shorting the Yen now, where is the problem?

Well, that triple-bottom on the USD/JPY is still holding, at least for now...

0/4, is that your IQ or your mental age, on a scale of 0 to 4?

Yep. And that means $2.98 profit for you right there, in your micro Forex account. But hey, that's more than enough for a small cheesburger and a Coke. Without the french fries of course, and assuming you have your McDonalds coupons.

To be quite frank with you, there seems to be some kind of breakout on the EUR/JPY (15 min) and that's why I am not comfortable with this long trade, but a trader cannot simply second guess his trading signals. However, a signal on the short side could also appear soon, and in that case I will...

Nonsense, be my guest and help yourself! :p