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- jamesdarren replied Jan 6, 2009
WoW 1.30! I have placed FE 50 as my target. Even if I exit now i should still have a 1:2.5 R:R trade (stop was only 22pips wide at the time).
- jamesdarren replied Jan 6, 2009
Excellent! Where is your T/P? Are you using Daz FE 50 or you calculated your own TP?
- jamesdarren replied Jan 6, 2009
EURUSD Short +73pips and counting. lol
- jamesdarren replied Jan 6, 2009
The EUR/USD trade is doing well. +41pips atm.
- jamesdarren replied Jan 6, 2009
+ 42 pips as I write this.
- jamesdarren replied Jan 6, 2009
Wow, what a nice trade missed. If only the pair could hold itself together for one more hour.
- jamesdarren replied Jan 6, 2009
Very nice setup. 78.6 retrace. Long. Only problem is the confirmation candle is taking off too quickly. I hope I can get a good entry on the next candle and maybe target FE78.6 level
- jamesdarren replied Jan 6, 2009
I could have taken 22pips from this trade at one point making the R:R = 1:1 but I am going to be a bit greedy and go for glory.
- jamesdarren replied Jan 6, 2009
Lol. I am not sure about the steel heart statement. I just took the trade as the R:R looked excellent.
- jamesdarren replied Jan 6, 2009
I am in the same boat as you.
- jamesdarren replied Jan 6, 2009
I just placed an EU trade based on the system I am following. SHORT Entry @ 1.3518 S/L @ 1.3540 T/P @ 1.3385 Not a Surefire trade, but I took it as the R:R is good. Thanks
- jamesdarren replied Jan 6, 2009
EUR/USD trade Signal SELL!! Entry @ 1.3518 S/L @ 1.3540 T/P @ 1.3385 Trade at your own risk. (78.6 retracement isn't perfect) But S/L is very tight, so I took this trade.
- jamesdarren replied Jan 6, 2009
Yeah! I am still angry at the fact that I missed the huge move on Cable. I was right about the long setup, but too bad the confirmation candle ran away from me.
- jamesdarren replied Jan 6, 2009
Yes, EU I like very much. Just curious NaijaFx, where have you pulled the fibs from? I will show you what I see. image Edit: Looking at the way it closed, it might move up to 78.6 level.
- jamesdarren replied Jan 6, 2009
On MetaTrader4, you can view multiple windows at a time. You can also have multiple screens.
- jamesdarren replied Jan 6, 2009
And we might see 0.89xx on EURGBP soon.
- jamesdarren replied Jan 6, 2009
Funny how a typical trader perceives the market. A nice clear move up and all I see is shorting this and shorting that.
- jamesdarren replied Jan 6, 2009
Because Pound has pride!! How long do you expect Pound to get punished by the Dollar? Long live the Queen!!!
- jamesdarren replied Jan 6, 2009
You hit the nail right on the wall my friend. The Cable setup did not give a signal because the confirmation candle at A was too bearish. The next candle however formed another setup, but the confirmation candle, B spiked. image Like D liberators ...