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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
Sometimes I think you have too many trades on the go at any given time but that is what guys expect from a signal service. For me less is always more so I can be very selective. You would need an RT room to be able to narrow down the trade management. i.e if a trade doesn't perform quite quickly abort it and move on to the next. I find my pair selection varies from one day to the next targeting 30 pip to 200 pip moves but much tighter initial stops than you have to employ. I always play 3 units for TP's at logical levels, trail stops.
I think I have benefited from watching how you combine the s/t fundamentals with your read of technicals. I had aimed at 3 months of service which will end on the 26th this month. I will have no hesitation recommending your premium service with caveats regarding your timeframe---you must be an insomniac Ashraf :-)
Both longs hit all targets yesterday (90 & 110 pips each), but the short was not triggered after i raised the entry by 30 pips to 1.3230--expecting yesterday's rally to lift a bit more. (but it failed the 55 DMA).
The challenge with this Premium service is to think ahead (out 5-15 days) with the intention of capturing an average of 100-110 pips per trade.
All throughout, the Risk-Reward must be attempted at 2-1.
Thats what we hope some clients will understand
Ashraf
out of large drawdown trade in pos...had size..