Short NZ +5 locked
Trading is as simple as 1-2-3
- #8,981
- Sep 20, 2019 12:56am Sep 20, 2019 12:56am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Short NZ +5 locked
- #8,982
- Sep 22, 2019 4:18am Sep 22, 2019 4:18am
- Joined Jun 2015 | Status: Trader | 14,961 Posts
Beware of robber banks (RB), bad advisors.
- #8,984
- Edited 1:51am Sep 23, 2019 12:19am | Edited 1:51am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Short EJ +5 locked
+80
- #8,985
- Sep 23, 2019 12:33am Sep 23, 2019 12:33am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Short EG +5 locked
- #8,987
- Sep 23, 2019 1:05am Sep 23, 2019 1:05am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Short CF +5 locked
- #8,988
- Sep 23, 2019 3:12am Sep 23, 2019 3:12am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
DAX...'nuff sed...
The first move didn't bother me as it made a new Low before turning. Even if it had travelled back before the continuation, I probably would have been ok, as I wasn't keen on getting in at that point, as other info I use was telling me that the move South wasn't finished.
- #8,989
- Sep 23, 2019 8:38am Sep 23, 2019 8:38am
- Joined Mar 2012 | Status: Trader | 14,388 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #8,990
- Edited 2:52am Sep 24, 2019 1:59am | Edited 2:52am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Long GJ +5 locked
+58
- #8,991
- Edited 3:33am Sep 24, 2019 2:22am | Edited 3:33am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Short EG +5 locked
+20
- #8,992
- Sep 24, 2019 2:54am Sep 24, 2019 2:54am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Short CF +5 locked
- #8,993
- Sep 24, 2019 9:19am Sep 24, 2019 9:19am
- Joined Mar 2012 | Status: Trader | 14,388 Posts
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #8,994
- Sep 25, 2019 2:30am Sep 25, 2019 2:30am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Short CA +5 locked
- #8,995
- Sep 25, 2019 2:44am Sep 25, 2019 2:44am
{image} Short CA +5 locked
- #8,996
- Sep 25, 2019 3:14am Sep 25, 2019 3:14am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
{quote} What made you take this trade? I feel like this set up would bear a lot of fakeouts. Price barely made a move towards the daily high, looks like it was barely even 5 points, yet you still take? Do you not experience a lot of losses like that?
- #8,998
- Sep 25, 2019 4:23am Sep 25, 2019 4:23am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
{quote} Understood. Do you go through every pair of do you have a group of pairs you trade?
- #8,999
- Sep 25, 2019 5:46am Sep 25, 2019 5:46am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Long GJ +5 locked
same bar
- #9,000
- Sep 25, 2019 7:33am Sep 25, 2019 7:33am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
[quote=hal7;12522944]{quote} There was no particular reason behind taking this trade other than the general rules. There are certain conditions I favor such as line ups to previous highs and then a solid move. It made a slight move up and you will observe many successful moves show slight movement like that. I usually avoid those close repeated highs patterns, but in this trade it made a good move down, it just took the patience to wait it out. Had it turned on me I would have bailed quickly. Yes fake outs happen, and losses come with trading, ...
Marinofx, as a follow up I did not take this trade on the EJ but I put it up here because it is a good example of what I mean by lining up to previous highs and a entry I like to take. I am less a fan of the CA trade I took that you asked about, as those repeated new highs can keep going on. In this case it worked to my favor.
Marinofx, as a follow up I did not take this trade on the EJ but I put it up here because it is a good example of what I mean by lining up to previous highs and a entry I like to take. I am less a fan of the CA trade I took that you asked about, as those repeated new highs can keep going on. In this case it worked to my favor.