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- Monteverde replied Mar 3, 2016
This market today: video
- Monteverde replied Mar 3, 2016
Closing in on the lows of the retrace, but I still think it was a coin flip. I hope to be a better trader one day but I just don't see how anyone could have known which way that was going to break out other than a few very light bearish signals as ...
- Monteverde replied Mar 3, 2016
Perhaps I'm mistaken but it looks to me like GBP/JPY is in a wedge narrowing between 160.00 and 160.50. I wouldn't be confident putting my bets on which side it may break out of.
- Monteverde replied Mar 3, 2016
Decent pop upwards but I agree that 1.350 is probably the best I'm looking at before further move down.
- Monteverde replied Mar 3, 2016
Perhaps I misunderstood your first chart as I've just seen the revised one, but my first interpretation was that you are waiting for the price to rise around 1.365 before shorting.
- Monteverde replied Mar 3, 2016
Why short at 1.365 instead of long now?
- Monteverde replied Mar 1, 2016
What kind of TP are you looking at Max? I was pretty lucky with my entry, already moved my SL into profit but it would be nice to see this one fall for a while yet.
- Monteverde replied Mar 1, 2016
I'm hesitant. I'm definitely thinking short but I'm not convinced now is the time and I'm trying to remain patient. I think it's possible to reach a new high today around the 140500 mark, at which point I'd be looking to short.
- Monteverde replied Mar 1, 2016
Why post about a type of trading completely contrary to the type of trading that is clearly cited in the TITLE of the thread you're posting in? It's like going into a thread dedicated to motorcycles and being shocked when nobody is interested in ...
- Monteverde replied Mar 1, 2016
curious if jay is still holding his AUS/JPY shorts. Pretty huge gains today in Asia, looks to be rising all the way back to the highs of last week.
- Monteverde replied Feb 26, 2016
Curious how you're feeling about AUD/JPY Jay. It's pushed near the highs today when I was expecting a drop down. Obviously there's plenty of hours left in the day but I'm starting to think it may maintain these levels way into next week before we ...
- Monteverde replied Feb 26, 2016
My friend is letting me use his account here to learn some things while he's off for the weekend. He's even letting me use some of his real money, albeit with severe limitations obviously. I'm confused as to what you mean by "the current bar". ...
- Monteverde replied Feb 25, 2016
What's your SL on this? Curious that it's already risen so much since your initial position - do you prefer swing trading?
- Monteverde replied Feb 25, 2016
And now 9,345. Too choppy for me, think I'll be watching from the sidelines
- Monteverde replied Feb 25, 2016
Difficult to find a good entry for a short. Was going to hop in at 9331 but now we're at 9337. Tricky one to judge.
- Monteverde replied Feb 25, 2016
So long as I take away a lesson from a bad day, it's fine with me. My goal for this year was to transition to fully swing trading, so even though it didn't work out I'm glad that I overcame the mental blocks and stuck with my trades. A few lessons ...
- Monteverde replied Feb 25, 2016
It's not "greed" it's simply the foundation of swing trading. You do your homework, you choose sensible targets and put reasonable SL in place and then you let the trade run. I keep an eye on it to make sure nothing has changed which might alter my ...
- Monteverde replied Feb 25, 2016
Dont know about everyone else but it's been a frustrating week for me. I've seen a lot of positions stopped overnight when they were heavily in profit at one point. I'm still up for the week so I'm grateful, but I don't think I've ever seen that ...
- Monteverde replied Feb 23, 2016
Was going to post the same. Also looks like we might be pushing through
- Monteverde replied Feb 23, 2016
Not sure what to make of USD/CAD, been on a slow trickle upwards all day, super boring. I don't want to mess up and book profit too early but I'm not seeing much room for it to get further than yesterday's lows, especially considering the fairly ...