Those who say it cannot be done should not interrupt those who are doing it
- Joined Aug 2008 | Status: Persist Until Something Happens | 17,898 Posts
Those who say it cannot be done should not interrupt those who are doing it
EurAnalysis Kindergarten 24 replies
DislikedNice explanation there PT. I am on your side with this also. Here is a 4 hr chart that I have been keeping track of for quite a while now.Ignored
DislikedThe last EU hour bar printed very high volume, compareable to the yesterday's high volume bar around this price. BUT notice that the current last hour bar did not make a new high! This is a sign of weakness approaching. Since I am done for the month, and protecting my profits, I did not take a trade, but thought to contribute. I took a trade call almost an hour ago at 1.3678 and posted the link where i called it. I would set the stop 150pips above yesterday's high, for a swing low profit taking.
Chart:
http://www.forexfactory.com/showthre...33#post4997733
Chart...Ignored
DislikedOne more thing I would like to say.
Ever since I started this thread, I have been overwhelmed by the support that I have received from all of you posting here with your trade ideas and analysis.
There is nothing better than having a fellowship of like minded traders sharing their experiences and viewpoints.
I am sure there will be times where we will disagree on a few things but I feel confident that disagreement will end up in all of us being better informed and enlightened.
So, I want to say thank you from the bottom of my heart to all of...Ignored
DislikedThe Swede had asked about scale out. Here is an example of scale in I have in at present.
Trade sell 1.3675 SL= 1.3645
Scale trade in 1.3645 trailing stop with 36 pips presently locked in.
I will move original trade down as market allows to lock more profit.Ignored
DislikedThanks Swede. I just thought I would do scale in to show as example of your explanation of how you like to scale in. Luckily the market cooperated!Ignored