Trading is as simple as 1-2-3

Short JY last hour +5 locked

Here's one of my uglier trades. Last hour the CA moved off that new high all the way down to the open. I decided to go short and it got maybe 3 pips. Then steadily moved back up to take out my stop this hour. I had a leveraged long in place and needed to push to the dotted line. It headed south so I pulled the plug on it pretty quick. Now it looks like it may move back up and get that dotted line. But I think I was correct in bailing.

Oh well

GU went long then reversed out to recover the loss.

Ditto on the GJ

[attach]82217123ca3.png;2450100[/attach
Back on the short CA +5

I had a major fight with The DAX this morning elsewhere which took a lot of effort getting out of, so perhaps I'm pushing my luck here - but here ya' go. Possible coming up...

The DAX has certainly kept me busy today. The momentum was in fact still pretty much upwards for the whole day and the two entries I did get, I took a quick +5 and closed out.

The other two bars that would have had potential entries along the way, made no move downward at all and so I didn't pull the trigger. As such, I had no need to take any loss or counter-trade my way out of them.



Price is now sitting above a Turncoat Zone, which will likely form support, so any new down move isn't going to come any time soon - imo - and I won't be hanging about to find out if it goes before tomorrow am.

AUDNZD +10

Before:


After:

To TooSlow
Thank you for the strategy, certainly simple and work nicely.
Just starting reading the tread 200 more pages to go .
Cheers.

Long JY +5 locked

The US30 and 500 had their early moves really early today, so no trade in there for me. However, I managed a HAL-Special entry on the 100...



The F40 did the same but I didn't catch it and I was running another trade elsewhere on the DAX.

Crude Oil Inventories this afternoon - careful out there if you're playing with CAD.

That would be Looney....

Short EG +5 locked

Long GU +5 locked

A wild ride on the EU. Got in a short hours ago around the time Draghy was speaking. After having made a new high in the hour I decided to short when it came back down through the open. It did trigger but ran right back up and took my stop. I had a leveraged long in place but it did not get there as it turned right back around going down again. Fast forward two hours later it did not stop out on the long but finally went back up to take profit. The lower line shows my stop on the long. Lesson, not a good idea to trade when these guys are talking.

Short EU after taking the reverse on last trade +5 profit locked.