Morning all from the UK - Fx been taking my name in vain already - lol -
Andrew - how did you get in at 06? My order was at 10. Did you take the high (4702) after the first touch of that double bottom at 4692?
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We all need pivots to win..yes or not? 13 replies
The System (Irony included) 1,175 replies
DislikedMorning all from the UK - Fx been taking my name in vain already - lol -
Andrew - how did you get in at 06? My order was at 10. Did you take the high (4702) after the first touch of that double bottom at 4692?Ignored
DislikedForgive me for asking you to clarify - I think there are differences in the levels between charting programmes so here is my chart. I just want to make sure I have the best entry point for my own learning. I coloured the high that I think you took as you FCR part 2 with the pink line - I waited for the next one (red line). Have I got the plot? I think I could have been a bit more aggressive with my entry.
AttachmentIgnored
DislikedHi Mac,
I personally took the first FCR @ 4701 for setting my entry....
After that first entry price made that nice DB, but you never knows what could have happened, so price could have broken strongly the 1st FCR wihtout looking back... Because of that IMHO, you should have set your order after noticing the first one...
Ignored
DislikedI did - 14705 and sat out the retracement - which was greater by far than 50%. Thankfully it gave me a chance to exit +4.
Now long at 14729 and aware of the previous high at 14736. I'm gonna get out if it rebounds any further.Ignored
DislikedI did - 14705 and sat out the retracement - which was greater by far than 50%. Thankfully it gave me a chance to exit +4.
Now long at 14729 and aware of the previous high at 14736. I'm gonna get out if it rebounds any further. Out +2 - don't like the look of this retrace.Ignored
Dislikedi bailed on the long trade as it failed again to break the 4735 ish area.
waiting for the next busIgnored
Dislikedi didnt bail first up , i waited until after the pullback the it failed at the top again so i bailed then. i think i played it right. is that what u did then paul??
cheers andrewIgnored
DislikedI did something a bit stupid actually - I bailed for +2 and when the price came back I thought it might just have another go at the HH so I re-entered using the same fcr at the same price. When it failed I bailed again for a +2.Ignored