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Search: Posts Made By: eudamonia
Forum: Currencies March 29th, 2011, 11:22 AM
Replies: 34
Views: 16,407
Posted By eudamonia
You actually aren't as far off as you think....

You actually aren't as far off as you think. GBPUSD (or any market that moves) on virtually anytime frame works. 21 tick is fine.

Couple of tips:

1) Only trade pullbacks
2) Wait for a new...
Forum: Currencies March 28th, 2011, 11:40 AM
Replies: 34
Views: 16,407
Posted By eudamonia
$25k lots in FX are $2.5 a pip. Assuming you have...

$25k lots in FX are $2.5 a pip. Assuming you have an IB account with $10k you can safely risk $100-$200 per trade (1-2%). Assuming your strategy allows for your stops to be less than 40-80 pips you...
Forum: Currencies March 23rd, 2011, 09:36 AM
Replies: 34
Views: 16,407
Posted By eudamonia
Regarding the T&S you want to get a feel for the...

Regarding the T&S you want to get a feel for the "pace" of the market as you watch price patterns develop. That pace can give you tips when things are working as they should and when they aren't.
...
Forum: Currencies March 22nd, 2011, 02:23 PM
Replies: 34
Views: 16,407
Posted By eudamonia
I've been down a similar path. I strongly...

I've been down a similar path. I strongly recommend reading:

https://nexusfi.com/elite-circle/3506-elusive-price-action-how-trade.html

Mike's video on that thread is excellent.

As far as...
Showing results 1 to 4 of 4

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


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