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  • #120,561
  • Jan 21, 2025 1:03pm Jan 21, 2025 1:03pm
GBP may have something develop.. Pending, but near rollover it may be best to close with a wide spread if close
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  • #120,562
  • Jan 21, 2025 1:12pm Jan 21, 2025 1:12pm
I got this on the dragon... The same about rollover.. I dont want it in the rollover fog. The wider spread is not good for any of my trades
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  • #120,563
  • Jan 21, 2025 1:15pm Jan 21, 2025 1:15pm
I will walk away from this eu trade now. Watching it dont do me any good. If near rollover, its close to the entry price. I may close. The last 1h close after this high, did close below 429.5. That's in my favor. It indicated a false break out.
those who can, do. those who cant, talk about those who can
  • #120,564
  • Jan 21, 2025 2:26pm Jan 21, 2025 2:26pm
I see a red h candle engulfing. To the left the high area was in the same area. Plus the close below 0429.5.. Add the attraction to 401. That's a lot of things in my direction. If my tp triggers. That's a 7% tp. My s/l is + .5%. I should move it lower.
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  • #120,565
  • Jan 21, 2025 2:32pm Jan 21, 2025 2:32pm
Quoting gatorinla
I see a red h candle engulfing. To the left the high area was in the same area. Plus the close below 0429.5.. Add the attraction to 401. That's a lot of things in my direction. If my tp triggers. That's a 7% tp. My s/l is + .5%. I should move it lower. {image}
2.5% locked in green..I would close it, but that 1h favored me..I dont like the 15 min in chart
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those who can, do. those who cant, talk about those who can
  • #120,566
  • Edited 3:17pm Jan 21, 2025 2:59pm | Edited 3:17pm
Quoting gatorinla
{quote} 2.5% locked in green..I would close it, but that 1h favored me..I dont like the 15 min in chart {image}
Loved it, when you shared how you are feeling about the trade. Have taken the same trade, had opened 2 positions closed one, have moved the SL to the 4th 15 min high.

Trade credit goes to you.
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  • #120,567
  • Jan 21, 2025 2:59pm Jan 21, 2025 2:59pm
I canceled the gy and gu. Too close to rollover i think
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  • #120,568
  • Jan 21, 2025 3:09pm Jan 21, 2025 3:09pm
I closed it at 2.6%
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those who can, do. those who cant, talk about those who can
  • #120,569
  • Jan 21, 2025 3:18pm Jan 21, 2025 3:18pm
Quoting LoneTrader1
{quote} Loved it, when you shared how you are feeling about the trade. Have taken the same trade, had opened 2 positions closed one, have moved the SL to the 4th 15 min high. Trade credit goes to you.
It may still be a good trade. The mechanics were right. I closed because rollover mainly. i risked .5%...Had i risked 1%. It was potentially a 14% trade
The day and week had used their range their. It will be a new day with new adr. But the week range and 0401 attraction still can happen
I need to write more about this..Give me a few.. There can be bullish stuff too
those who can, do. those who cant, talk about those who can
  • #120,570
  • Jan 21, 2025 3:36pm Jan 21, 2025 3:36pm
Quoting gatorinla
{quote} It may still be a good trade. The mechanics were right. I closed because rollover mainly. i risked .5%...Had i risked 1%. It was potentially a 14% trade The day and week had used their range their. It will be a new day with new adr. But the week range and 0401 attraction still can happen I need to write more about this..Give me a few.. There can be bullish stuff too
If its closing @ 1.0430.. Its likely breaking out North. It also can run back to 0401 first.. It could bounce and breakout after 0401. I dont know. Using the week and today had me believe it would return to 0401 first. But if its closing above 0430.. It can breakout North.. How high? I dont know.. I have a pending short at 0456.6, to tp 0401.. I dont know if it will work, or even trigger.
those who can, do. those who cant, talk about those who can
  • #120,571
  • Jan 21, 2025 3:53pm Jan 21, 2025 3:53pm
Quoting gatorinla
{quote} If its closing @ 1.0430.. Its likely breaking out North. It also can run back to 0401 first.. It could bounce and breakout after 0401. I dont know. Using the week and today had me believe it would return to 0401 first. But if its closing above 0430.. It can breakout North.. How high? I dont know.. I have a pending short at 0456.6, to tp 0401.. I dont know if it will work, or even trigger.
We gotta be agile..Let's say it does the unexpected. At 0345 Ish.. 0345 is a support breakout spot.. But it has to be a sustained one. I play a b/o as a failed breakout mostly. So if it would go to 0345 to test this area. I would look to long to tp 0401.. If that makes sense. To me most b/o fail. So the few pips I give up there (usually less than 10) weighed against the 56 pips going to 401. Its not a fair fight.
Since they usually turn in 10 pips.. Sometimes I let them get into that slip a few. I did that on this trade. That's why the X was 34X
I already can line up my trades days ahead of time
those who can, do. those who cant, talk about those who can
  • #120,572
  • Jan 21, 2025 3:55pm Jan 21, 2025 3:55pm
Quoting gatorinla
{quote} It may still be a good trade. The mechanics were right. I closed because rollover mainly. i risked .5%...Had i risked 1%. It was potentially a 14% trade The day and week had used their range their. It will be a new day with new adr. But the week range and 0401 attraction still can happen I need to write more about this..Give me a few.. There can be bullish stuff too
The beauty of trading at key levels is SL can be moved to break even after sometime and the risk becomes zero.
I had a pending short at 1.0435 but was hesitant. It was triggered in the simulated account though.
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  • #120,573
  • Jan 21, 2025 4:04pm Jan 21, 2025 4:04pm
Quoting LoneTrader1
{quote} The beauty of trading at key levels is SL can be moved to break even after sometime and the risk becomes zero. I had a pending short at 1.0435 but was hesitant. It was triggered in the simulated account though. {image}
Once you see how the risk is everything. The reward is a lot easier to get
those who can, do. those who cant, talk about those who can
  • #120,574
  • Jan 21, 2025 4:09pm Jan 21, 2025 4:09pm
Quoting gatorinla
{quote} Once you see how the risk is everything. The reward is a lot easier to get
I like your method of pending orders instead of manually executing. Lots of things can happen when executing the trade, hesitation, missing, late entry, fear of loss etc also if there are more than one trade setups, which can't be executed manually.
  • #120,575
  • Jan 21, 2025 4:12pm Jan 21, 2025 4:12pm
I will try this one.. But I will need it to fall back below 0430 for it to work.
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those who can, do. those who cant, talk about those who can
  • #120,576
  • Jan 21, 2025 4:14pm Jan 21, 2025 4:14pm
Quoting gatorinla
{quote} We gotta be agile..Let's say it does the unexpected. At 0345 Ish.. 0345 is a support breakout spot.. But it has to be a sustained one. I play a b/o as a failed breakout mostly. So if it would go to 0345 to test this area. I would look to long to tp 0401.. If that makes sense. To me most b/o fail. So the few pips I give up there (usually less than 10) weighed against the 56 pips going to 401. Its not a fair fight. Since they usually turn in 10 pips.. Sometimes I let them get into that slip a few. I did that on this trade. That's why the X...
1 scenario I see is DXY hitting that 107.50 level and bouncing back, and looking at the daily candle it could try to fill the wick and potentially make a big wick green candle. Just a thought!
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  • #120,577
  • Jan 21, 2025 4:34pm Jan 21, 2025 4:34pm
Quoting LoneTrader1
{quote} 1 scenario I see is DXY hitting that 107.50 level and bouncing back, and looking at the daily candle it could try to fill the wick and potentially make a big wick green candle. Just a thought! {image}
I got a lower edge and a upper edge. I place both pending most often often.
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  • #120,578
  • Jan 21, 2025 4:43pm Jan 21, 2025 4:43pm
Quoting gatorinla
I will try this one.. But I will need it to fall back below 0430 for it to work. {image}
I may cancel.. the spread is too wide atm. Irs still in that first h after roll over. spread atm 2-3 pips. i need 0
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those who can, do. those who cant, talk about those who can
  • #120,579
  • Jan 21, 2025 4:46pm Jan 21, 2025 4:46pm
Quoting gatorinla
{quote} I got a lower edge and a upper edge. I place both pending most often often.
Have you checked USDCAD? It might go up and try to fill the wick could be upto 50% which would be 1.44000 level
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  • #120,580
  • Jan 21, 2025 4:55pm Jan 21, 2025 4:55pm
Quoting gatorinla
{quote} I may cancel.. the spread is too wide atm. Irs still in that first h after roll over. spread atm 2-3 pips. i need 0 {image}
canceled until the spread settles down.
those who can, do. those who cant, talk about those who can
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