AUDUSD I'm just thinking out loud. What if level 2 is that whole area?{image}
{quote} GBP USD Crisis Management As a Newbie I made an error entering this short trade. Now trying to recover by reducing losses. Entering another short position at resistance. TP for both, just below the first entry. From the set up, I believe this pair will go up again to sell zone marked in the chart. This is how I managed trade crisis. Maybe we all can learn something out of this stupid Newbie mistakes It may reduce loses or eliminate it. If I'm lucky, escape with profit...lol{image}
{quote} GBP USD Crisis Management As a Newbie I made an error entering this short trade. Now trying to recover by reducing losses. Entering another short position at resistance. TP for both, just below the first entry. From the set up, I believe this pair will go up again to sell zone marked in the chart. This is how I managed trade crisis. Maybe we all can learn something out of this stupid Newbie mistakes It may reduce loses or eliminate it. If I'm lucky, escape with profit...lol
{quote} .. not using SL here in JailBreak - you will be trapped for sure. But at a certain point you can do it the billytts way... - use a hedge to fix the wrong trade - you will get most of your margin back - exept your floating loss :-) - place a new trade (and do it right now ) to cover your loss and make some additional pips Mucky
Morning all. 00-00 4 hour break. Both usd/chf and gbp/chf have broken High, SOOOOOO I am Long. I am not touching Dax, ftse or cable, BUT, I do have a short trigger on Cable just in case it flips, this is more of a fun trade. Trade well all. t 06-46 UK Time.
{quote} Good Morning Mr B, and all here, hope all is well with you.
{quote} Are you talking about from the 2nd level on the left to the 2nd level on the right ? If that's what you are talking about your chart looks good. The jail break system goes from level to level and it made the 3rd level and then reversed. Your chart looks good to me.
{quote} GBP USD Crisis Management As a Newbie I made an error entering this short trade. Now trying to recover by reducing losses. Entering another short position at resistance. TP for both, just below the first entry. From the set up, I believe this pair will go up again to sell zone marked in the chart. This is how I managed trade crisis. Maybe we all can learn something out of this stupid Newbie mistakes It may reduce loses or eliminate it. If I'm lucky, escape with profit...lol
{quote} Hi Pat, According to the intraday cycle, I would expect one or two push up. However, nobody really knows how Brexit will affect GBP in the upcoming days and weeks{image}
{quote} what is Loss???? lol, hope you are well P.
{quote} Hi billytt. The trade went against me. Have to be humble to market......
{quote} Hi Kruspe. Thanks for the headups. I have to closed my short trade with a loss. Looking forward to trade this pair again, if the set up permit. Very interesting to see how's Brexit Day Fireworks display going to be. With today Brexit (the 31st Jan), EUR/USD will have serious effect as well. Lets see how crazy GU can act. ! Trade Safe Bro.
