Ty said:
How close have you been to margin call? Wtf… that is true gambling.
You don’t even know what lot size he took. How can you talk about margin call then?
I like the RR you went with for this particular type of trade, but why sell there out of anywhere else?
That’s what I call luck. And sure, you may say it’s not, you’re a good trader and you knew what is going to happen, etc., but you were 70% of your trade’s profit in drawdown. If your SL was even higher, that means you haven’t even 1:1 RR… so thank God he saved you today and learned something from it. 
@Charlie
Trading is a listening game; you will be right most of the time if you are truly guided by your heart and not by your emotions. You might feel something is going to happen; maybe that is the time to really listen to yourself and act accordingly.
Peace.
If you’re gonna trade news events, make sure your stops are loose. They can and will whipsaw, even if you’re correct in guessing the direction.
Corey said:
If you’re gonna trade news events, make sure your stops are loose. They can and will whipsaw, even if you’re correct in guessing the direction.
The chart is set to 1H, but the idea of gold dropping, supported by the Fed cutting rates, was analyzed on the daily candle. It was expected to play out, but if it didn’t, I would have closed the trade with a 7-10% loss if the daily chart had closed above certain levels after the numbers were released.
How many pips?
This isn’t interest rates. This is Netanyahu flying to Cairo to talk about a peace deal.
Make your RR at least 1:2.
20 USD SL, bro, that lot size will be 0.01.
Yeah, it was not the ‘interest rate decision’ that gave you that move. It was Powell’s talk afterwards, so I guess you should re-check your fundamentals.
Ellis said:
Yeah, it was not the ‘interest rate decision’ that gave you that move. It was Powell’s talk afterwards, so I guess you should re-check your fundamentals.
You should go cry somewhere else.