Hazardd:
I have borrowed and transfer your money to you.. because of this money you are threatening my life with your air Force picture.. now you can have your money..... Have a great night

WallStreetfx:


.

Hazardd:
because you are a force why will you start threatening people with it anyhow... if he is a private person he is not supposed to reveal who he is like that to talk of threatening people with it...... when people threatening me with such I expose them that's me in case...

Pipsbasketings:
I don't do RRR except arbitrarily. I focus on good entry, set appropriate SL where I expect entry to become invalidated - I don't have a fixed number. I don't use TP, though I set them only for an unforeseen single candle spike.
Above all, I don't focus on RRR, it plays out naturally with excellent entry and exit

hidhrhis:

ok

saxy4c:
Gbpjpy selling 137.32 sl 137.70 Tp 136.62

Hazardd:
Mr Man, don't ever mention me again in ur entire life... hope yoú get the point now...

hidhrhis:

have a lovely day

saxy4c:
Adding a sell GBPJPY 137.16 and selling EURJPY EURJPY 124.68 Sl 124.80 Tp 123.95 looking for 6R on this.

Crixxx:
I usually set just tp and no sl after analysing the chart trend. Does anyone think this is a good or bad trading pattern as I have been making profits and few losses ..

saxy4c:
Seems like GBPJPY has obeyed structure

Selling AUDCAD 9535 SL 9560 Tp open

WallStreetfx:
Selling USDCHf with 33pips sl tp open

Pipsbasketings:
I don't like what I see, how the majority of pairs are ranging, so I have just closed all my trades in the basket.
Volume has been very low since the beginning of the month, too much ranging of pairs, imagine riding UJ on 24pips since 3days on a D TF. I do not want to force the market; hence I will resume trading after vacation.

I'm leaving with some good profits/percentage return (Total accumulated pips = 621) after the 3weeks of trading though, I trade live (not demo) and don't toy with my trading
I would rather miss some trades during vacation, than enter and lost them.

When you don't like what you see, you need a vacation - market remains forever, atleast for now

Hazardd:
I have borrowed and transfer your money to you.. because of this money you are threatening my life with your air Force picture.. now you can have your money..... Have a great night

teemy:

@ the emboldened text below, several market scenarios have happened in the past. Any likelihood of something distorting the status quo?

Pipsbasketings:
Mostly the first week of the month.
Scalpers and day traders do well in this type of market.

teemy:


I actually meant the future of online forex trading

Pipsbasketings:
Great question bro, it shows you are concerned about the security in the business.
I believe FX has come to stay; whatever outcome the market presents, price increasing, decreasing or ranging, smart traders will still have their ways: In fact, remember there are several trading styles: scalpers, day, swing, position traders, and some mixed; no matter what the market does, traders will always adjust to fit into its current situation.

teemy:

Based on all things equal, all you've said holds true. But once in a while, new legislation and rules decided the flow of how traders have to reorganize themselves.

At a time we had the listing of Nigeria in the ofac list that made several brokers unaccessible.
At a time, fifo rules came in play.
Brexit voting and francageddon as well as flash crashes were also game changers.

All in all, the forex market still stood.

Point is, could there be any major event that could create a full stop or pause to online forex trading from any possible angle you can think of?

On my end, I am still brain wracking if anything could except an intentional attack on exchange data centers like in the die hard 4 movie.

Pipsbasketings:
Like you have outlined, we are on the same point. Just that you are seeing the fundamental side of it, I see the technical side of it. The fundamental produces the technical. At the end, traders will adjust to whatever the fundamentals bring using the technical, except for the bolded.

The bolded holds

candlestick:
u don't need to worry about sl because of ur small account

teemy:
In summary, I could add that as long as there are countries with different currencies, exchange of those will continue for trade of all types to take place. Thus forex will always exist.

What can affect online forex is if there a disruption in the network of global exchanges limiting the accessibility of price feeds. If ever, this however will be brief considering that people and even governments take every aspect of the financial sector extremely serious.