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- ChinoCop replied Jul 15, 2013
Sorry, I meant 1.0206 . First, It has to get through the green trendline connecting the higher lows.
- ChinoCop replied Jul 15, 2013
161.8 extension of the 4 hour FOMC candle plus the pullback of the 7/11/2013 00:00 4 hour candle. Sorry, 1.0206. Typo!
- ChinoCop replied Jul 15, 2013
I have a target around 1.2060 for this next wave. Hopefully, I don't get shaken out this time.
- ChinoCop replied Jul 10, 2013
Congratulations to all of those who were short from 1.5 and above. I got shaken out 3 times so I was gun shy about pulling the trigger again. Now I need to find a spot to re-enter short.
- ChinoCop replied Jun 29, 2013
Hi lebleup, I know I'm going against the trend, but the weekly and monthly trendlines tend to blunt very powerful moves. But, I'm going to be cautious as I'm looking to take partial profit around 1.410 to 1.390, basically the 38.2 of the move up. ...
- ChinoCop replied Jun 29, 2013
I'm hoping that this is terminal end for this parabolic move up. On the weekly, it has closed below 1.05222 and on the daily there's a double top plus it has reached 1.61 extension for this move up. I'm also noticing that USD stopped on support for ...
- ChinoCop replied Mar 23, 2011
The price action on this pair looks bullish in the short term. I see resistance at .91414. The highlighted rectangle indicates where I possibly see the USD/CHF heading.
- ChinoCop replied Mar 16, 2011
This has been said many times, but it bears repeating. You have to be disciplined and have trading rules. I am the perfect example of what happens when you have neither (see the first post in my journal). ALWAYS, ALWAYS set a stop loss unless you ...
- ChinoCop replied Jan 21, 2011
Needs to break the support shelf at 82.75. So far we've had a series of lower highs on the daily and 4 hour which should bode well for shorts; however, for the short term it's looking a bit flaggish. I would be careful adding to a losing position, ...
- ChinoCop replied Nov 17, 2010
Trading is definitely an emotional rollercoaster. As I was wading my way through my first few months of trading, I was definitely experiencing the lows and highs of each trade. I would beat myself up and become insufferable for an entire day for ...
- ChinoCop replied Nov 16, 2010
Continued — When I first started, I stumbled across several trading systems. I thought, "Holy shit!", these are incredibly easy systems. All I have to do is follow the indicators, and I'm set. After not having any immediate success with a ...
- ChinoCop replied Nov 16, 2010
The Beginning — After gambling in the stock market, I had bottomed out and realized that I needed to get serious about learning if this is what I really wanted to do. One day I stumbled across babypips.com. I breezed through the grade levels ...
- ChinoCop replied Nov 16, 2010
I know I haven't posted in a while as I've been lazy; however, I've been thinking about what would be more useful: posting trades/chart setups or journal entries describing my trading trails and tribulations. Since I really don't get any feedback ...
- ChinoCop replied Oct 28, 2010
Stopped out on my G/U trade. Onto the next trade .
- ChinoCop replied Oct 27, 2010
Took 1/3 off of the G/U position. Traders can never be happy, and that includes me. I should have stuck to my guns on E/J. If it comes back on me and takes my stop out so be it. I need to believe in my trades.
- ChinoCop replied Oct 27, 2010
Too lazy to go into each record and take a snapshot. Here's what I've done this week.
- ChinoCop replied Oct 27, 2010
Got my ass handed to me last night trying to short G/U. Dumb move in front of big news. Took a short on E/J last night and got scared out. I made about 25 pips ... better than getting kicked in the nuts. Also took a short on G/U at 1.58559 target is ...
- ChinoCop replied Oct 25, 2010
Interesting patterns on G/U
- ChinoCop replied Oct 25, 2010
Took a short on GU looking for a breakdown past the ovals.
- ChinoCop replied Oct 21, 2010
Ok, I lied about not taking a trade. I'm looking at getting in on the head and shoulders on E/J. Let's hope lots of people take notice of it