I agree wall, I'm very risk averse. I'm still learning this and that's why I'm more cautious and I do set stops a little tight. But last night taught me my lesson, I saw where the resistance was and figured there was a very good chance it would kick in an drive it back down, as it did. In the end, I got 5 pips out of the deal, which is ok when you factor in the spread.
Just went long GBP/USD at 1.6131
SL at 1.6070
Limit at 1.6225
I was in mataf's chatroom, and this guy PM's me and gives me info on this forex rebate site:
https://www.myrebatesfx.com/index.php
Just quickly scanned the site, sounds pretty good. Wonder if anyone has heard of this? It's like a rakeback in online poker, but applied to forex.
Is there a link for this JADE site posted in here?....i think i might try DELTA site....you gonna take a shot with one of these brokers WALL?
Im thinking of starting a mini over there maybe 2 or 3k just to try the platform...i dont worry that much about the spreads...i cant see how thats a big deal to be honest with ya...i mean whats a few pips in the long run as long as youre getting in at the price you want?
Ice did you get what you wanted out of GBP?
Yeah its coming...im gonna need some help to get out of this puppy now...1.38s will be here at some point today...sad thing is i coulda got out for a small loss and jumped on the right side 150 pips ago when the trend had confirmed...and with the news coming out about trouble in EUR countries it could be a nasty fall
Looking at the longer charts it seems we are headed to 1.32 then maybe 1.26...
Ice i dont know brother..i mentioned Sunday id sell any rally in GBP...i thought 1.59s were a sure thing this week...i tailed Matt again on a trade and was out b4 i got up
He sold AUD/NZD again and its crossing on the daily but its down about 100 pips from his entry...i got out with 40 
...bottom of the channel is low 1.24s but thats not to say it will get there...ill post if i see something i like but im in the same boat as you...all ive done this week is watch my trade sink like a rock but im hanging in there with it...you could sell EUR/USD but im not one to use stops so i cant say for sure it wont rally enough to hit a stop...but i do think we see 1.3850s pretty soon
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