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- perryg replied Mar 28, 2010
Update from last week — I exited my most recent position on Friday at 1.4800 level as I figured it had a good chance of being stopped out on the next wave. I also intended exiting the 2nd position at market open this morning and just leaving ...
- perryg replied Mar 28, 2010
gap trade — I woke this morning to see the market had gaped up 50 pips. What happens to gaps? They get filled of course,I opened a position on the open of market and exited half the position an hour later. These a great trades as risk is low ...
- perryg replied Mar 25, 2010
And some more — Have added a 3rd position to the trade and have removed half at 1.4800. All trades a are risk free and have locked in some profits along the way. image Perry
- perryg replied Mar 24, 2010
Adding some and taking some — image Have taken a second position on Cable. Have already taken of half the position and moved the stop to break even. A bit more conservative here as price could still retrace further on original trade so just ...
- perryg replied Mar 22, 2010
Really!! — image Here is a view of my latest trade; I have taken profits at the 1.5000 level as it is a major psyche level. I removed a large portion of the trade and have left 25% of the position on the table in anticipation of a long tail. ...
- perryg replied Feb 24, 2010
update — Update on current trades are. I removed half of my position after the formation of the pin bar at position 1 on the following chart which leaves the other half nearly risk free. I have added more to the trade (as shown on chart at ...
- perryg replied Feb 23, 2010
Short the Aussie — I just opened this trade on this reversal pattern at a significant level. image Perry
- perryg replied Feb 18, 2010
2 dead soldiers — My last 2 positions have been stopped out. I am still extremely bearish this pair and have been looking for another entry. My reasoning is the breakdown out of such a significant range as seen in the weekly chart below. ...
- perryg replied Feb 11, 2010
Additional positions — I have been sitting patiently on the sidelines awaiting a retrace, I am now anticipating the continuation of the downtrend and have added to the position. I have taken 2 positions of half risk each, my reason for this is ...
- perryg replied Feb 5, 2010
NFP was a Non Event — Well i was really hoping for a good surprise with the NFP numbers but that was not the case so no trades for me and off to bed before midnight which makes a nice change. My other e/j trade was stopped out and the standing ...
- perryg replied Feb 4, 2010
One Down — Thanks Razor, yes it is a tough trade but is within my plan so have taken it and it is now stopped out. Will wait some more now, I still have a order below the support if it breaks down and if it heads back into the range will look ...
- perryg replied Feb 3, 2010
E/J added 2nd position — It is times like these that I can get a real hammering. When anticipating a trend change this is a time when I can get really whipsawed while the markets decides which team it favors (the bulls or the bears), It can ...
- perryg replied Feb 1, 2010
Next test at significant level — I am still watching the Aussie but am not committed yet to a direction so just waiting...... I did take a long position on the E/J as I feel the 125 level is quite significant. the daily chart shows previous ...
- perryg replied Jan 29, 2010
Close and Reverse — I have just closed out my Aussie trade as there is a base forming at the 89-89.50 area, I envision the retrace being larger than my stop so have taken profits as I prefer them in my pocket. It has been a good run and have ...
- perryg replied Jan 28, 2010
Thanks — Hey Razor Thanks a heap, I have contemplated it for a fair while but your suggestion the other day tipped me over and I decided what the hell. Have had a few good trades lately which makes it a bit easier to start off on the right ...
- perryg replied Jan 28, 2010
Current Trade on E/J — I have just recently opened this position and am awaiting confirmation of price direction. Here is a chart of the daily and the areas that I am looking at. These are areas that I have been watching to see how price ...
- perryg replied Jan 28, 2010
Aussie trade — Here is an example of my trading style, I will explain the process in this post. I have attached a chart next as this will make it much easier to understand. image My first entry was at the close of the engulfing candle that ...
- perryg replied Jun 4, 2009
high expectations — This trade has just presented itself. As the dibs is a volatility breakout method and price has just broken out of this pennant I can't help but think this trade may have a high probability of being a winner, as with all ...
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