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Comandatore, The above is how my trading day went today. Not bad for someone in the 95% group, huh? $1820 in a little over 4 hours. I wonder what you did today?? Maybe you will share that?? Anyway, my day is over. I have to prepare for a hurricane that is supposed to slam us here in south...

12:21 Update: Placed a buy stop at 1.7666. (.250 retracement level of 1.8498 to 1.7390) Looks like a good place to get out. Possible support area. 12:27 Update: Buy stop hit at 1.7666. I'm flat. 91 pip profit.

12:00 Update Looking for solid break of 1.7694 pivot support on 1h. Will move stop to B/E if this happens. Will monitor last 4hours for possible exit if target is not hit. Not real crazy about holding over the weekend. Current Price: 1.7692 12:14 Update Moved stop to B/E. Current Price...

08:02 AM EST GBP/USD>>Bearish engulfing pattern on 4h. At top of recent trading range on 4h. Failed to break resistance at 1.7812 during European session. Trading down from upper Bollinger band on daily. Unable to overcome 40 m/a on daily. Slightly overbought on daily ROC2. Sold just...

Well first of all ‘mate’, I’m not arguing anything with anybody. Merely pointing out the fact that one of my FX platforms makes available an order called a “stop loss” which in fact is not a true stop loss order but a stop order. Nothing more that a minor discrepancy in terminology in...

HaHa, and I suppose that you are in the other 5% no doubt. I'm curious as to how you would know the psychology of 95% of the loosing traders?? Must of read it in a book somewhere, Huh? The market is going in one direction and I bet on the other and argue the trend? Wonder where you came up...

Ok. Never traded the ES back then and neither did anyone else that I knew. Never even paid any attention to it.

Hey Kalzayani, Thinking about selling cable tonight into the Asian and European sessions. Looking kind of weak around 1.7630. Any thoughts?

Well that is a good question. Why am I so defensive? Hell I don't know. Maybe it is because of the spin of the conversation. There is little doubt that different opinions have been tossed around her all day today and I am not trying to argue with anyone. In fact I enjoyed it. Especially since I...

Don't know Coinz or FxSkalper. Never heard of them. And no I am not them. I don't know what they do, why they are here or whose crap list they are on. Don't really care. I am a successfull trader that joined this forum only to share ideas with other traders. Not to be ridiculed by guys simply...

There is NOTHING incorrect in any market, my friend, that consistantly makes money. Your thought process along with a few others here is highly subjective in my opinion. Typical of a herd of buffalo. If one stampedes off the cliff, the rest will follow. No offense intended.

I entered the size of the order. Exact same size as my open position.

Don't know what kind of relationships that you guys have with your brokers but mine either deal on my terms or I don't deal with them. Never had a problem finding a competent broker willing to do so. For two and one half years, from 1996 until 1999 I was daytrading full size S&P contracts...

I understand what you are saying. Not that difficult. And it is not me calling it a stop loss it is FOREX.com calling a stop loss. Since they refer to it as a stop loss order, then it should be cancelled when the position is closed. Or else it is not a stop loss order but a stop limit order a...

Man some of you guys are really funny. I suppose that maybe you think that your opinion is written in stone somewhere. First of all I don't think that I tried to blame anyone for anything. I accept full responsibility for anything that I do. PERIOD!!!! Second of all, if you read my original...

Yeah Kalz, I think that your cable projections are just as legitimate as anyone elses. But I think that 1.7700 is possible. Today cable is straight up for the past 8 hours. Dragging the Euro right along with it. Very impressive and making my counter move in the Euro look good. The hammer...

Yeah, I'm thinking in near term and looking at 1.2100 as a top. Good place to go short no doubt. Until the FOMC release in a couple of weeks, I think the range 1.1850-1.2120 will hold. Without any major news event, there is nothing to drive the market to either side. So for now, I'm looking for...

That's why I'm long this morning at 1.1907. With a 'stop' (haha that's been a dirty word around here this morning) just below 1.1850. I'm not buying into all of this talk about a 1.1500 Euro. Don't really believe the dollar will sustain much higher. But the net capitol inflow data is what was...

Yes, you are absolutely correct. They are using the wrong terminology with the 'stop loss' order. I'm going to call them to find out what their definition of stop loss is and how it relates to their trading platform. Thx

Well, thanks for your concern. But I didn't start this thread this morning in search of advice on how to avoid mistakes in the future. I already know what the mistake is and how to avoid it. It was simply to point out that on Forex.com a stop loss order does exist but turns into a limit order...