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- BudFX replied Mar 21, 2015
I know and appreciate any help. I didnt trade the news spike as wasn't around for it so probably a good thing. Did get a short on 18th though when we broke the 17th low which resulted in +52 so back in the green and also +22 from Fridays trading. ...
Break Even Trader / Where Next
- BudFX replied Mar 17, 2015
Disappointingly no, again had the right idea but entry evaded me. I did manage to get short today however and sold 1.4840 and was stopped at 1.4778 giving up profits as didn't take any off so +62 for today so moving back to even stevens on the ...
Break Even Trader / Where Next
- BudFX replied Mar 9, 2015
Hey thanks for the reply. I do use 4H as my trend identification but 1hr & 15min for entries. Therefore I would never be comfortable trading with a +40pip SL even today's was too big. Usually I am no more than 30 pips and I don't think this will ...
Break Even Trader / Where Next
- BudFX replied Mar 9, 2015
A lesson in patience and risk management today as I initially wanted to sell at 1.5090. I actually sold at 70 and then added at 90 before pulling the plug when price hit 1.5107 taking a large loss as my 2nd position was around 40% larger than my ...
Break Even Trader / Where Next
- BudFX replied Mar 5, 2015
Ended up cancelling the order this morning and subsequently missed the entry. Didn't miss much but would have been paid so should have trusted the analysis and hit the trade! No trades so still at -14 pips for the thread.
Break Even Trader / Where Next
- BudFX replied Mar 5, 2015
Today I have resistance at 1.5260 so will look to sell here as market looks weak. Will look for 1.5200 if the level in-play holds. Stop loss will be ITRO 30pips.
Break Even Trader / Where Next
- BudFX replied Mar 4, 2015
Thanks for the post Moonshot. Certainly for me it is better with a tight stop as I like to reduce risk as soon as possible. For today I had just the one trade buying the Pound/Dollar at 1.5335 (Support) but was taken out 2pips below the low at ...
Break Even Trader / Where Next
- Break Even Trader / Where NextStarted Mar 3, 2015|Trading Journals|11 replies
Evening All, I have been interested in Stocks and FX since late 2010 and started to study this a ...
- BudFX replied Jun 24, 2014
Well the GBP/USD CoT data has been showing extreme short positioning from the Commercials whilst the Large / Small Speculators are at 5yr extreme longs. This hints of bearish prices to come however the chart is still very technically bullish. ...
Cable Update (GBPUSD)
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