Wow, that trade didn't go as expected. Anyways, going with the safe play right now trying to recoup losses. I bought USD/CAD pair, I got it at 1.2135, up to 1.2162 at the moment.
Going against the USD right now is suicide, not going against that trend anymore.
Wow, that trade didn't go as expected. Anyways, going with the safe play right now trying to recoup losses. I bought USD/CAD pair, I got it at 1.2135, up to 1.2162 at the moment.
Going against the USD right now is suicide, not going against that trend anymore.
wtf i set limits on my usd/chf pair i seen it hadnt sold about 30 minutes ago then re-set them. took a shower and just seen it got i think margin called out. wtf i re-set stop losses at 1.1568 it ended up selling @ 1.11592 . I dont understand this i had a damn stop loss in place and it didnt work -212 for that trade
wtf i set limits on my usd/chf pair i seen it hadnt sold about 30 minutes ago then re-set them. took a shower and just seen it got i think margin called out. wtf i re-set stop losses at 1.1568 it ended up selling @ 1.11592 . I dont understand this i had a damn stop loss in place and it didnt work -212 for that trade
You need to make sure you put the right numbers in, when I demo traded last week I also put a stop loss in wrong, the last number is a fraction of a pip I believe. Last night I set my stop loss at 1.155500, it stopped exactly there.
I know bucknuts has a good system in place, but I think it's a bit flawed against the USD right now, Dollars are going to be in high demand, sure you will get the spikes downward, but long term the USD is going up against all major currencies, at least in the short term. I'm still in my USD/CAD trade, I expect to make 200 pips in this, being Canadian this is the currency pair I'm more familiar with. Because we produce alot of oil up here, the CAD is more or less a petro dollar at the moment, so as oil falls, so will the CAD.
You need to make sure you put the right numbers in, when I demo traded last week I also put a stop loss in wrong, the last number is a fraction of a pip I believe. Last night I set my stop loss at 1.155500, it stopped exactly there.
I know bucknuts has a good system in place, but I think it's a bit flawed against the USD right now, Dollars are going to be in high demand, sure you will get the spikes downward, but long term the USD is going up against all major currencies, at least in the short term. I'm still in my USD/CAD trade, I expect to make 200 pips in this, being Canadian this is the currency pair I'm more familiar with. Because we produce alot of oil up here, the CAD is more or less a petro dollar at the moment, so as oil falls, so will the CAD.
I thought i had it right. it said it was a live order or whatever it says and i used the up/down arrows to change the values.
that happening really pisses me off because it sold at price i dont even see on the chart hitting that high. I'm just glad it wasnt a regular account and $2000.
oh well I guess it wasnt a good idea to leave 4 lots out on that pair. i actually felt comfortable that it was reversing though.
I thought i had it right. it said it was a live order or whatever it says and i used the up/down arrows to change the values.
that happening really pisses me off because it sold at price i dont even see on the chart hitting that high. I'm just glad it wasnt a regular account and $2000.
oh well I guess it wasnt a good idea to leave 4 lots out on that pair. i actually felt comfortable that it was reversing though.
Your playing with too many lots if all you have is a small $250 account, I have a $1,000 account, but only play 1 pair for now untill I can grow my bankroll.
Your playing with too many lots if all you have is a small $250 account, I have a $1,000 account, but only play 1 pair for now untill I can grow my bankroll.
i thought that pair was broke down and would fall for sure. i was too tired to stay up with it tho. I made $45 on it earlier. but having that many lots is way too many with my bankroll at the moment.
Im just using this account to get my feet wet but still losing money isnt a good practice habit.
well i had 500 in it.
i thought that pair was broke down and would fall for sure. i was too tired to stay up with it tho. I made $45 on it earlier. but having that many lots is way too many with my bankroll at the moment.
Im just using this account to get my feet wet but still losing money isnt a good practice habit.
WLD the chart shows the high of the sell.....so if its 89...the buy was 93-95 or so.....i see it went way up then came down to 1.1502ish.....i dont know how it pushed up there as all the charts looked like a big push down was coming,i still think we see 1.14s...
I got what i wanted outta CHF had a limit set at 12 with 4 lots...$483....small victory i guess
im in USD/CAD for a sell off the daily/weekly chart.....got an average of 1.20379 4 lots....but im not worried will hold until i see at least 1.19379
WLD the chart shows the high of the sell.....so if its 89...the buy was 93-95 or so.....i see it went way up then came down to 1.1502ish.....i dont know how it pushed up there as all the charts looked like a big push down was coming,i still think we see 1.14s...
I got what i wanted outta CHF had a limit set at 12 with 4 lots...$483....small victory i guess
im in USD/CAD for a sell off the daily/weekly chart.....got an average of 1.20379 4 lots....but im not worried will hold until i see at least 1.19379
wtf i set limits on my usd/chf pair i seen it hadnt sold about 30 minutes ago then re-set them. took a shower and just seen it got i think margin called out. wtf i re-set stop losses at 1.1568 it ended up selling @ 1.11592 . I dont understand this i had a damn stop loss in place and it didnt work -212 for that trade
how many lots are you trading??
Quote Originally Posted by WinLoseorDraw:
wtf i set limits on my usd/chf pair i seen it hadnt sold about 30 minutes ago then re-set them. took a shower and just seen it got i think margin called out. wtf i re-set stop losses at 1.1568 it ended up selling @ 1.11592 . I dont understand this i had a damn stop loss in place and it didnt work -212 for that trade
i just read through and saw you had 4 lots........you have to keep in mind that you lose margin buying more lots..if you have $500 and buy 4 lots you have almost half your $ in a trade and you cant afford for the pair to move against you hardly any....not a good idea to trade with that many,like i said b4 one lot until you get to $600-$700.
i just read through and saw you had 4 lots........you have to keep in mind that you lose margin buying more lots..if you have $500 and buy 4 lots you have almost half your $ in a trade and you cant afford for the pair to move against you hardly any....not a good idea to trade with that many,like i said b4 one lot until you get to $600-$700.
GBP/USD tanked but wasnt a sell off a chart play.....looking at it now its going to be a buy here soon,too bad i wont be home leaving for work in like 2 min
USD/CAD has had a nice run last 4 weeks from 1.03 to 1.20s....i just need it to dip back down to 1.1930s to cash out
GBP/USD tanked but wasnt a sell off a chart play.....looking at it now its going to be a buy here soon,too bad i wont be home leaving for work in like 2 min
USD/CAD has had a nice run last 4 weeks from 1.03 to 1.20s....i just need it to dip back down to 1.1930s to cash out