breakdown again...
Attached Image (click to enlarge)
- #12,483
- Feb 9, 2018 11:41am Feb 9, 2018 11:41am
- Joined Nov 2006 | Status: Sting | 1,049 Posts
today was a bummer. 
all trades today came out with breakeven except for 2 trades which went to a loss of 25 pips each. made some pips yesterday. we will see what happens next week.
all trades today came out with breakeven except for 2 trades which went to a loss of 25 pips each. made some pips yesterday. we will see what happens next week.
STING
- #12,484
- Feb 9, 2018 11:47am Feb 9, 2018 11:47am
- Joined Nov 2017 | Status: Trader | 1,588 Posts
baby.. one more time honey..
- #12,485
- Feb 9, 2018 11:56am Feb 9, 2018 11:56am
- | Membership Revoked | Joined May 2015 | 2,903 Posts
today was a bummer.
The missed short is playing on my mind so I thought I'd write one last post to exorcise the FX-Demon:
- Even though I missed the big one, I made pips today so that is a good thing.
- I also did not chase the entry which would have made me pips today but likely risk developing a bad habit that loses pips in the future. So discipline was maintained after losing my way.
- There are 1000s of moves like the one today in future, so no big deal.
- I was reminded not to overthink the setup, when I see it, pull the trigger and think about it afterwards. This reinforces the need to always have a trading plan so when the time arrives to pull the trigger, ALL the thinking has been done before hand.
- At the end of the day, it's only 65 pips missed; a large number which will help me to remember this lesson!!!
Weekend
time for real!!!
- #12,486
- Feb 9, 2018 1:05pm Feb 9, 2018 1:05pm
- Joined May 2017 | Status: Trader | 2,047 Posts
Hi everyone! I wanted to get in so so so bad today but everything in me was telling that it's not my strategy. As I mentioned few days ago, this would be our weekly bottom. In whole picture we did over 300 pip correction. Great. Was expected. Now question is wether market wants it lower or we are back in consolidation period? Any ways I am buying! On second attempt to break below 2220 or 2212 or any other numbers.( I am not very good at precise numbers 
) And 2280 would be my target. Of course if price push below and stays there I would remain sideways. Another great week complete for me. 3.7% and total 13.2 % this year so far. I know it might seems very little for some of you but for me it's consistent. I wish everyone great weekend and warm weather no matter where you are!
) And 2280 would be my target. Of course if price push below and stays there I would remain sideways. Another great week complete for me. 3.7% and total 13.2 % this year so far. I know it might seems very little for some of you but for me it's consistent. I wish everyone great weekend and warm weather no matter where you are!
- #12,488
- Feb 9, 2018 3:20pm Feb 9, 2018 3:20pm
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,046 Posts
Trading has torn my heart into pieces, Today. All profits gone, seems I can't get anything but losers for the last three weeks. Today been the capitulation of my beating. Three months worth of work, gone. I hate the Eur/USD and trading.
plenty pips to you and all!
Follow the Flow and Grow
- #12,492
- Feb 9, 2018 3:33pm Feb 9, 2018 3:33pm
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,046 Posts
- #12,496
- Feb 9, 2018 3:56pm Feb 9, 2018 3:56pm
EU busted the shoulder and low then Digger,
Now they've run the stops the odds are decent for the retrace eh
and if it makes it I’ll re build the short play.
Have a good weekend folks and try to give a little love back to those who are supporting you in this journey...there isn’t much point getting over the line and realising the price was losing friends and partners along with the way
Now they've run the stops the odds are decent for the retrace eh
and if it makes it I’ll re build the short play.Have a good weekend folks and try to give a little love back to those who are supporting you in this journey...there isn’t much point getting over the line and realising the price was losing friends and partners along with the way
manage to make some pips today.
next week I'm seeing further upside, there definitely room for making a new high on the the higher time frame charts getting back to a possible hit of the 1.26-1.267 area, but a possible head and shoulders is also forming.
ill just probably use the 1.22 area as my turning point spot, 1.216 is my 61.8 fib and we are closing above my 50% fib, if it goes below ill look further for that head and shoulder, if we can keep making way up and start a up trend in lower tf staying above 1.22 ill look to buy at least till 1.235 which gives me 100 pips from today close for next week at least before i take another look at further gain's up at that resistance.
Just some starting thoughts to think about and look at for next week
thoughts? Keep It Green
next week I'm seeing further upside, there definitely room for making a new high on the the higher time frame charts getting back to a possible hit of the 1.26-1.267 area, but a possible head and shoulders is also forming.
ill just probably use the 1.22 area as my turning point spot, 1.216 is my 61.8 fib and we are closing above my 50% fib, if it goes below ill look further for that head and shoulder, if we can keep making way up and start a up trend in lower tf staying above 1.22 ill look to buy at least till 1.235 which gives me 100 pips from today close for next week at least before i take another look at further gain's up at that resistance.
Just some starting thoughts to think about and look at for next week
thoughts? Keep It Green
- #12,499
- Feb 9, 2018 4:38pm Feb 9, 2018 4:38pm
- Joined Oct 2009 | Status: Trader | 5,631 Posts
Always trade your own plan...I don't provide trading signals.
- #12,500
- Edited 4:55pm Feb 9, 2018 4:45pm | Edited 4:55pm
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,046 Posts
Waiting...patiently {image}
