Nice.....and timely too - it dropped a bit after hours.
Also, you can also try to see if that breakout holds, and get back in.
Good trade.
Silent room 2 replies
Silent Success of Patience 10 replies
My silent journal 4 replies
bo7a method... method for GBP/JPY 205 replies
Seeing Through the Silent Crash 4 replies
DislikedHmm, you could be right!
Usdjpy is enjoying doing it's own thing at the moment. I'm sure when it makes it's mind up it'll take off with force, hopefully in our direction! I missed the gbpjpy one, good luck with that.Ignored
DislikedI am still waiting paitiently for it to make it's move.
I am also still in the USDCAD and waiting for it to get moving as well.
Although now it looks like I might get stopped out on both trades. We'll have to see how they play out.Ignored
DislikedI took a small loss on usdcad yesterday as it broke the last 4 hour swing high where I'd put my stop loss.
Usdsgd stopped out for +150, it never went over 200 pips up so there obviously wasn't much more in the trade anyway.
I've taken the decision to go completely flat now, I had three trades open where the two winners where paying for the loser (audnzd up 70 or so and euraud up 20 odd but usdjpy was pulling it down).
I'm 650 pips up for the month so far so I'm happy to go flat, take a breath and wait for the next A+ setup.
Edit... The only...Ignored
DislikedChris,
Just wanted to let you know I had an a-ha moment today thanks to your wisdom and teachings. Things are very clear to me now my friend. They were alright before but they are crystal now.
Mike
Like sleeping with your school book uner your pillow, eventually it will sink in!!!Ignored
DislikedNice.....and timely too - it dropped a bit after hours.
Also, you can also try to see if that breakout holds, and get back in.
Good trade.Ignored
DislikedIs that like the time I drank WAY TOO MUCH Captain Morgans, and realized as I was getting sick, that sometimes moderation is key? That was an "ah-ha" moment for me.
Ignored
DislikedChris,
Just wanted to let you know I had an a-ha moment today thanks to your wisdom and teachings. Things are very clear to me now my friend. They were alright before but they are crystal now.
Mike
Like sleeping with your school book uner your pillow, eventually it will sink in!!!Ignored
DislikedYes. It's simple. As much as I tried to resist the simplicity of s&r and price action by clinging to my safety net of a macd and ema's, I realized that I don't need them. lol
All I need is s&r, watch 00 numbers, look for price action signals and rememberwhat patterns Pring looks for. It was Chris and his way of teaching that finally made me realize that I am making this way to hard on myself. Now I was using all of this but complicating it with what I used before.
I don't know if I conveyed it but I just dumped all the b.s. As I watch gbp/chf...Ignored
DislikedNow I like longer term trades but what I have realized is that I can trade the shorter timeframes with confidence. (intraday)Ignored
DislikedYes. It's simple. As much as I tried to resist the simplicity of s&r and price action by clinging to my safety net of a macd and ema's, I realized that I don't need them. lol
All I need is s&r, watch 00 numbers, look for price action signals and remember what patterns Pring looks for. It was Chris and his way of teaching that finally made me realize that I am making this way to hard on myself. Now I was using all of this but complicating it with what I used before.
I don't know if I conveyed it but I just dumped all the b.s. As I watch gbp/chf...Ignored
DislikedVery interesting reversal on stocks today. Watch XLF closely... Goldman Sachs sued by the SEC...and this is just the tip of the iceberg for many of these guys. UBS, Bank of America (now the proud owner of Merrill Lynch) as well as JPM (the owner of Bear Stearns)and others could all face similar issues...
In any case, Financials have been leading the rally in stocks if they falter they all could. Keep your eyes peeled if you're doing much in stocks.
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