Hi Vijay. I liked the way you handled the CHF situation and hopefully we will get right back on track. I have one question. This week you have been taking manual trades with preset SL and TP. Do you still rely on your previous system for your trading or have you changed the style? Would be nice to get answer to assess the risk involved.
Announcement
Collapse
No announcement yet.
Smart Trader
Collapse
X
-
Originally posted by hs2013 View PostHi Vijay. I liked the way you handled the CHF situation and hopefully we will get right back on track. I have one question. This week you have been taking manual trades with preset SL and TP. Do you still rely on your previous system for your trading or have you changed the style? Would be nice to get answer to assess the risk involved.Trade the market, not the trader
Comment
-
Originally posted by SmartTrader View PostHey guys, i took AU manual trade as i expect the rate cut by 25 basic points. and the RBA statement should help AU move in our favor.
Sent from UranusLast edited by Big River Man; 05-05-2015, 05:35 AM.
Comment
-
Originally posted by Big River Man View PostWas this trade taken just before the rate news? OK it was I just checked. I have to honest here and say that I'm very dissatisfied with this. I am not paying for this type of trading. It's gambling I don't like it. If it continues I'll have to unsubscribe. I'm really unhappy about this. Even if we won I'd still be unhappy. Look now is they cut indeed but price is up. I just don't understand how this trade fits into the risk profile subscribers are expecting. Sorry.
Sent from UranusTrade the market, not the trader
Comment
-
Originally posted by SmartTrader View PostWell, i took it on purpose and its not gambling. Gambling is when you dont know the outcome. Trading is when you know odds are in your favor. Everyone knows there is gonna be a cut and RBA going to talk the currency down. Thats why i have taken the trade with a strict SL ofcourse.
Comment
-
Originally posted by SmartTrader View PostI have two trades on AU and i will not take any further. Either Hit the SL or hit the TP. i willl look to trade other pairs.
Comment
-
Originally posted by SmartTrader View PostI have two trades on AU and i will not take any further. Either Hit the SL or hit the TP. i willl look to trade other pairs.
Comment
-
Originally posted by Big River Man View PostThere is AUD monetary policy minutes tomorrow about 13 hours time) there have been articles suggesting that there may be more in those minutes. They bank won't be impressed by the reaction to the rate cut, Unfortunately they won't be able to add any comments retrospectively, however, that being said there is a chance that the minutes are more bearish than the statement. Will you be trading the minutes release live Vijay or just leave the preset SL and TPs? In fact as it's pre NFP it could even be an absolute fizzer. Meh I don't know.Trade the market, not the trader
Comment
Comment