Hero Traders Live to see their Accounts Die!
Day Trading vs. Swing Trading vs. Position Trading 86 replies
Disliked{quote} I am not trading GU at the moment Ravelt. Was just sharing a pic for you to pay attention to while in your long trade. If the picture is unclear, nothing is wrong with staying flat. Loads of opportunities ahead. I like to us 40-55pip stops. However, some setups require a wee bit more particularly on the daily. Just ensure that your stop measures well with your MM rules.Ignored
Disliked{quote} @ 786 - Look at the charts and observe the PA around the swing short for EJ & GJ and swing long for NJ.Ignored
Disliked{quote} Thank you; Here are my trades today; Gold buy -17 ; gpbusd sell -22; eurusd short -5; gbpjpy long +22; audusd sell +26; {image}Ignored
Disliked{quote} Nice trades 786! The more you trade the strategy the comfortable you will become with trade decisions, tp etc.Ignored
DislikedVery bearish indication at the swing/weekly long, for the past 24 hours, price is stalling/closing below. Let's watch and see.Ignored
Disliked{quote} I am watching it very carefully ready to manually close if 1 hr shows against pa; Also took short at usdjpy; I think usdjpy and gbpjpy are correlated? {image}Ignored
Disliked{quote} ok great 786. I am not quite sure of the correlation between those two pairs. Will check and see what I find or maybe someone else here could help.Ignored
Disliked{quote} At least right now they are showing correlation; my sl hit in gbpjpy -29; will see how usdjpy goesIgnored
Disliked{quote} ouch. Thought you were monitoring that. next trade anyhow. Are you long usdjpy or short?Ignored
Disliked{quote} I was monitoring but move was strong, did not get chance to manually close it; I am short in usdjpy; I am learning this method by taking very small risk as my trade size is very small.Ignored
Disliked{quote} I was monitoring but move was strong, did not get chance to manually close it; I am short in usdjpy; I am learning this method by taking very small risk as my trade size is very small.Ignored
DislikedCancelled my NZDUSD sell limit. Was not filled. Previous NJ and GJ shorts stopped at entry so short again, pretty much on same setup. Short EJ at Weekly/Swing Resistance, targeting Swing/Weekly support. NJ showing price rejection to the upside, so expecting price to fall at least to swing/weekly support or further, to weekly/swing bear targets. GJ failing and stalling below weekly/swing long level, so anticipating fall to at least weekly/swing short or support and further to bear targets. Charts below. {image} {image} {image}Ignored
Disliked{quote} Shorts closed +143pips. GJ reached swing/weekly short and stalling same for EJ. NJ stalling above weekly long and previous bar failed to close above weekly resistance.Ignored