expecting things from a market is a dangerous way to play guys, i have seen a couple of accounts blown up (real time) on expectation! the holders were chat mates and that sure killed the mood, hence no more chat.
peace
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DislikedTo me the 8/21 MA's are not in motion, they are a mess. Best trades I see are the one Phillip posted and the one I got in. Look at my charts I posted last night, it's really that easy if you dont have to take 100 trades a day. Sit back relax step away from the computerIgnored
DislikedRyan,
Wondering what was the reasoning for exiting this trade? Price went thur 89 and you are expecting it to come back and test it?Ignored
DislikedEUro gave a TC as well, I took it on with a very small position and one lot only, my only concern is that the Speed of price is on the 21EMA and this TC is OFF of 8 ema. So price may move down to 21 before taking its direction. Only time will tell,Ignored
DislikedI took E/U short, reasons: ITL daily, divergence, TL, H&S on MACD, tails up indicating selling pressure. Entry 1.4772, second lot pending order at 1.4782 (was triggered already). SL 1.4805 TP1 1.4747 8MA, second TP 21 MA.
Was looking to short U/J too, but I don't like that price makes HL and it didn't close under support, so I stay out.Ignored
DislikedStop loss hit on EURO. lesson learned, when there is a concern that means set up is not perfect. I knew when getting in to the trade that there was a CONCERN, speed was on 21 EMA, so my stop loss should have been below the 21. But that would have been too much. so i should not have been in the trade in the first place.
but i took a very small position, so money management help me bear a minor loss. Pleae learn from my mistake and try not to make it yourself.Ignored
DislikedLook at the flow of the market, GBPUSD = Long, EURCHF = Long "I got long and posted this last night" EURUSD = Long. Look at the chart I posted last night and if you just take those trades you will make over 500 a month. I am up about 110 for 2 days now on 2 trade. Don't hunt for the high risk stuff and over-trade.Ignored
DislikedFinally my first TP on EUR was hit +30, the other was closed at b/e just now.Ignored
DislikedI ended the day with -62 pips.. . The market took back yesterday's exact profit . Something's fishy going around the market..Ignored
DislikedI ended the day with -62 pips.. . The market took back yesterday's exact profit . Something's fishy going around the market..Ignored
Gbp break of trendline with pullback to breakout level with a TC away from 8ema off the 200sma. They don’t come better than this. I expect a strong move.
I was rightly pointed out not to expect anything from the market. The market is going to do its own thing. If I did not trade the way I do with partial profit taking and rest at BE I would have been burned. That style of trading made me 15pips on this trade. Dont expect to make a lot of pips, take what it offers you.
Entry 1.9874
Stoploss 1.9832
Tp 1.9994
1st TP after 30pips and set remainder to BE with 30 trailing stop.
Edit 1
50% closed for 30 pips. Will set remainder at BE and leave it there to see if price is going to break the 1.9800 level and continue upwards.
Edit 2
Remainder taken out at BE. This came as a surprise unless there is a turnaround coming or a very strong continuation. Will watch it closely.
Average profit 30/2=15pips
DislikedStop loss hit on EURO. lesson learned, when there is a concern that means set up is not perfect. I knew when getting in to the trade that there was a CONCERN, speed was on 21 EMA, so my stop loss should have been below the 21. But that would have been too much. so i should not have been in the trade in the first place.
but i took a very small position, so money management help me bear a minor loss. Pleae learn from my mistake and try not to make it yourself.Ignored
DislikedGbp break of trendline with pullback to breakout level with a TC away from 8ema off the 200sma. They don’t come better than this. I expect a strong move.
I was rightly pointed out not to expect anything from the market. The market is going to do its own thing. If I did not trade the way I do with partial profit taking and rest at BE I would have been burned. That style of trading made me 15pips
Entry 1.9874
Stoploss 1.9832
Tp 1.9994
1st TP after 30pips and set remainder to BE with 30 trailing stop.
Edit 1
50% closed for 30 pips. Will set remainder at BE and leave it there to see if price is going to break the 1.9800 level and continue upwards.
Edit 2
Remainder taken out at BE. This came as a surprise unless there is a turnaround coming or a very strong continuation. Will watch it closely.
Average profit 30/2=15pipsIgnored
DislikedHi Phillip, I was also monitoring this trade but didnt take it because of the proximity of 9900 and although it had not been tested I thought it looked as if it might hold.
Nice 15 pips to you anyway.Ignored
DislikedHi Phillip, I was also monitoring this trade but didnt take it because of the proximity of 9900 and although it had not been tested I thought it looked as if it might hold.
Nice 15 pips to you anyway.Ignored