Money management in trading - the stupid way and the right way 22 replies
Hard Way, Easy Way 115 replies
Simple Way is the most advance way... 11 replies
2 Way VS 1 Way Analysis 9 replies
DislikedHi Buddy,
It would be good if you could put the charts on, at point of entry (or slightly after if busy) in the timeframe which you based your decision on . So more or less, the reader could gauge your rationale for entry.
Cheers,
KenIgnored
DislikedLong @ 0.9998
Looking for 23,6 of fibo as target (1.0106)
Lets wait and see...Ignored
DislikedStill holding my shorts.
It went down 2 pips from my target and moved up. I wasnt at computer and couldn't close
Lets wait and see if 78,6 of fibo give us the down movement.Ignored
DislikedAs i talk abt it via writing, it seems you are counter trading yourself.
When EUR goes up, AUD goes up and vice versa. But u are shorting EUR to GDP and going long on AUD/USD. Meaning u are taking opp. sides for both trades which are correlated in the same direction. It is likely that one would be a winner, while the other a loser.
It isn't 100% correlation, but i think at least 50-60%Ignored
DislikedHello Ken!
I appreciate your thoughts... tonight we have news on aussie, I believe it will help my trade.
About EG, the price didnt reach my target was very bad. I'm in a bad situation on this trade... I will wait if 78,6 will hold before decide stop it out.
Euro index is facing a resistance, it can help euro go down, and the pound is on the lower line of a uptrend channel. It can help me also if make pound go high...
lets wait and seeIgnored
Dislikedclosed @ 1.0010 (+12)
reason: pivot is holding... I still believe in a strong uptrend coming, I will buy again when pivot give us a retrace.Ignored
Dislikedclosed @ 1.0010 (+12)
reason: pivot is holding... I still believe in a strong uptrend coming, I will buy again when pivot give us a retrace.Ignored