<<LIVE>> DOLLAR INDEX TRADING

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filled sell limit @ 94.27, stopping @ 94.17

aiming for the sky

>>1451069

**filled buy limit @ 94.27
stop @ 94.17
selling @ 95.00

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>>1451078
stopped out @ 94.17 for -261$

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second buy limit triggered overnight @ 94.12
stop @ 94.02
selling @ 95.00

floating nicely

>>1451026
ur mt4 chart looks like it has down syndrome.

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>>1452692
hey man, sorry

completely forgot to show the expanded chart
here it is

>>1452698
what do the colour bars represent?

I've only traded equity very casually.

>>1452705
pink & black lines = monthly s/r
weekly & black lines = weekly s/r
grey & black lines = daily s/r

I generally wait for a daily timeframe opportunity and I deploy 3-4 limits at prior highs/lows.

For money management, I take 10 points losses [5% of equity] and profits can depend by what other levels are encountered ahead. [can vary between 25 ~ 100 points].

Therefore r:r for any given limit is between 1:2,5 and 1:10.

I can afford to take plenty of losses while winning 50% of my account in one trade.

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>>1452718
always reducing lot sizes after losses so that the 5% risk is always relative to the available equity

that's why current open lots are 2.48 and prior loss were 2.61

>>1451026

lurking

>>1451026

Looks nice. How to get into trading?

>>1451026
>using MT4

Nice job getting price slipped on every single order you'll ever place.

>>1452960
don't mind, there not gonna be much posting over the weekend, the fx market is closing in a couple of hours :(

>>1452994
start with this program, it will offer you the best introduction to fx or trading in general
http://www.babypips.com/school

>>1453100
perfect execution can't be achieved outside of professional grade exchanges, i've chosen instaforex for the ECN benefit

>>1453292
you do realize that price slippage affects your EV right?

>forex on sub 10k

why?

>>1453387
yes it does

>>1453395
why not?

>>1453387
however, slippage is negligible in my approach because I have always used limit orders to execute trades

>>1451026
What a retarted setup

>>1453453
even with limit orders
theres a reason why im shitting on you right now