(Please remember to take half profits after you are +20 pips while shifting stop loss to

 

entry. And 15 to 25 pip trailing stop should be used after 2 nd have hit..)

 

i dont understand ur words????/////

Helloo fasi, lets illustrate ,shall we?

For example, we have a buy stop @ 1.5000, where stop loss was 50 pips away, @ 1.4950...so our buy stop was triggered and price gets to 1.5020 or more..THAT is when you adjust your stop loss level from 1.4950, up to the buy entry level of 1.5000..then taking half profits means closing half your position(s)..if you entered with 1 minilot, you close at 0.5....if 2 minilots, you close at 1 minilot...sequentially...failure to apply this simple risk management technique while trading, is the cause of so many unnecessary losses..

Hope you now understand..

Hi Stalion, You've always done nice jobs, and i've always missed your live comment and signal.

 

I am in Australia, not sure what normal time you would give comment or tell people how to trade.

 

I think you are fantastic and really want to follow what you have got. Every time when I got up here, you have already disconnected.

 

Please let me know.. i need your help..>_<.

Hi Jimmy...thanks for your mail....howz the famous Down Under?....The Land Of The Antipodes...hope you guys are treating the aboringes well over there..cool..well,am really humbled by your comments, mon ami...London Session is mostly where I'm at...3am EST...

[11:29:04 10/12/08] Stalion : hi fasi

[11:35:42 10/12/08] klho83 : Hi Stal

[11:49:03 10/12/08] fasi26 : stalion????

[11:49:08 10/12/08] Stalion : how was trading yesterday?

[11:51:15 10/12/08] fasi26 : i didnt trade

[11:52:11 10/12/08] Stalion : cool

[11:54:09 10/12/08] fasi26 : bcoz it's hlidays here so i m enjoying 2 days of eid

[11:54:56 10/12/08] Stalion : yesterday price got down to our 1st target on our sell stop, before going back up

[11:56:04 10/12/08] Stalion : but if your buy stop had triggered, you would have been stopped out....and a reentry today would get you to 1st target @ 1.4865 on our buy stop entry

[11:56:16 10/12/08] Stalion: Happy Sallah, fasi

[12:01:30 10/12/08] fasi26 : wht was the impact of obama's speech

[12:04:19 10/12/08] Stalion: didnt know he had a speech....what was it all about, fasi?

[12:05:16 10/12/08] fasi26 : it's about new economic plan of america

[12:05:24 10/12/08] Stalion : hi K

[12:05:36 10/12/08] fasi26 : and he still wana spend more money for the infrastructure of america

[12:09:38 10/12/08] Stalion : YEA...LIKE fdr DURING THE gREAT dEPRESSION OF THE 1930'S

[12:11:09 10/12/08] fasi26 : yes he said that more money can be spend as campared to 1950;s

[12:11:31 10/12/08] fasi26 : and economy will go down more before taking high

[12:11:55 10/12/08] Stalion : President Frank Delano Roosevelt did massive reconstruction to overcome the US Depression

[12:17:58 10/12/08] Stalion : by pumping more money into the system through effective Reconstruction, he emplys more workers...this is like the faceoff BETWEEN EMPLOYMENT AND INFLATION...FINE, TOO MUCH DOLLARS MIGHT BRING INFLATION, BUT LOW UNEMPLOYMENT RATES ENCOURAGES GOOD CONSUMER SENTIMENT, WHICH BRINGS IN HIGHER DEMAND AND PRODUCTIVITY , WHICH TRANSLATES TO

[12:19:34 10/12/08] Stalion : BEATING THE GLOBAL SLUMP...CREDIT, THOUGH LOOKING TO BE MORE REGULATED, WOULD BE MORE ABUNDANT FOR EXPANSION...

[12:46:51 10/12/08] fasi26 : hmmmmm ur right

[13:17:37 10/12/08] Stalion : hi dj

[13:19:44 10/12/08] Stalion : did you get our buy stop?

[13:23:45 10/12/08] djcarlos : yes.. thanks... but I was in the car... and now the 2 targets are hits

[13:24:25 10/12/08] djcarlos : in other trade ....

[13:26:22 10/12/08] Stalion: yep...correct...

[13:27:12 10/12/08] Stalion: hope you are going to be around when we have winning trades, dj....for that offsetts any losses we might have

[13:29:26 10/12/08] djcarlos : yes... I always have my laptop with wi-fi.... but now i dont got it with me

[21:54:53 14/12/08] Stalion : So for today Sunday the 14th, we put a sell stop on GBPUSD @ 1.4946...1st target @ 1.4923..2nd target @ 1.4905..3rd target @ 1.4884...

[22:01:53 14/12/08] Stalion : also as a hedge, we put a buy stop on GBPUSD @ 1.5005..1st target @ 1.5035...2nd target @ 1.5065...3rd target @ 1.5095..both with 50 pip stop loss away

http://i72.servimg.com/u/f72/11/82/15/01/gameof10.gif

1.5034(A)-1.4815(B)=0.0219

0.6*0.0219=0.01314

0.01314+1.4815=1.4946(60% SELL WINDOW OR SELL ENTRY)

1.4988© - 1.4815(B) = 0.01730

0.6*0.01730= 0.01038

1.4988-0.01038= 1.4884(3RD TARGET/60% BUY WINDOW)

GIVE THE PRICE SOME ROOM..LEAVE THE PRICE ALONE; LET THE PRICE ROAM AND TWILL FIND ITS WAY HOME..