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- heronlake7 replied Feb 8, 2010
Gotcha! I'm watching PA all the time, just using the hard SL under the last fcr as a safety net. I'm waving at the crowd, but just in case the coach is moving into the other direction, I've moved my SL to 1.3694 with an order to go short at that LV ...
- heronlake7 replied Feb 8, 2010
Hi Mac, Thx again. Just to be sure I'm on the "right page": I got in at the fcr level as well and played #1 until it developed into a 123s when it broke 1.3678. Is it valid then to change from #1 to #2, unless the PA starts going funny, in which ...
- heronlake7 replied Feb 8, 2010
Mac, thanks for the input. I played #1 until it broke 1.3678. I'm now reading this as 123s and let myself be guided by the fcrs for the SL but looking to preserve with #1 at the higher levels. Is that incorrect?
- heronlake7 replied Feb 8, 2010
First hurdle taken. Changed to 123s and playing #2. Anyone agree?
- heronlake7 replied Feb 8, 2010
hard SL now at 1.3654. Will it break 1.3678. If it fails looking to exit
- heronlake7 replied Feb 8, 2010
Lacking any SL reference yet, I'm using the Asian LV as a guide for a mental SL, although it's really too far back to represent a real level for the 5m chart
- heronlake7 replied Feb 8, 2010
with you on both trades. Exit short for -9 Long at the fcr at 1.3638 moved SL to BE for a free ride
- heronlake7 replied Feb 4, 2010
Dear Feb, Simplicity isn't a simple thing. You have given us a simple, straighforward approach to trading with clearcut rules. The difficulty lies in having the discipline to stick to the rules. So, besides the "system" you have given us your wise ...
- heronlake7 replied Feb 3, 2010
Reason: FCR1 with #2 for protection. SL should have remained at 1.4021 until the first hurdle just before NY open was taken out. Plus, the break above 1.4009 was weak, with no speed and enough time to watch it closely
- heronlake7 replied Feb 1, 2010
This is the 6th attempt of the market to move higher in the last 3 hours during which time it has moved a "massive" 20 points. Seems a typical example of WB/WR. Although it can still break higher, I believe the risk of a sudden 20 pip drop seems ...
- heronlake7 replied Jan 29, 2010
Yes, its 6.30 PM here. It looks like I'm going to just miss my Century. The SL is just a few pips away now. SL just hit. Out at the fcr for 66 pips.
- heronlake7 replied Jan 29, 2010
Congrats, my friend!! I'm still chasing my first one. Another 50 or so pips to go..... (yawning) I AM half asleep, only have some 20 pips to go !!
- heronlake7 replied Jan 29, 2010
Bakuli, If you're a cricket fan, you've just hit a CENTURY (new name for a 100 pipper?)
- heronlake7 replied Jan 29, 2010
Same here. Currently above the 1.3913. If this is going to be a long haul into the evening I may consider putting a 25 pip trailing stop on the trade so I can have dinner at my leasure. Is this what they call "afternoon delight"??
- heronlake7 replied Jan 29, 2010
Hit the SL on the long and reversed with half a load as I don't feel too confident on the bullish side. SL is at 1.3962 Sorry "long" should read "short" Out at -13
- heronlake7 replied Jan 29, 2010
Still in, missed my SL at 1.3974 by 1 pip. Considered that after the first pullback to change to 123S applying #2. Now in a range, may still get taken out at the SL.
- heronlake7 replied Jan 28, 2010
Out at -2 on the last bear candle
- heronlake7 replied Jan 28, 2010
Moved SL to 5 pips below LV
- heronlake7 replied Jan 28, 2010
closed 50% on failure to decidedly break LL