{quote} Do you think 1.2060_70 is still good to short from there?
Focus only on what truly matters!
- #131,381
- May 3, 2021 4:21am May 3, 2021 4:21am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
- #131,383
- May 3, 2021 5:34am May 3, 2021 5:34am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
{quote} thanks mate, buy stop set. awaiting further instructions of master tako to make tons of money today.
Hi , ok, nice Nic ! but just dont forget Im just hanging out here so dont expect good updates, and also im more busy than expected today.For that entry particularly, I would have normally waited to see how 70s resistance is for any update on that one.
70s are crucial to this position.
And also lets remember : these could be the highs of the whole week if bears continue their incursion.
BUT you know me.. and especially above 2035, am still in love
with this long-term trend, that has yet not seen its end, 
I feel energies haunting me !So I personally already moved the whole thing to BE already.
I am up to 5 entries already from 22 to 51. Hope they survive this first wave of greater volatility, but if not, Ill take the new entries coming my way as usual !
I believe most here can ignore the following as they are long standing traders and know the principle of not taking on other peoples trades unless they know enough about them, but to anyone else :
This is extremely important to me:
I strongly advise against taking action on any single trade share, especially mine .
I advise against this, especially to one who cannot take the bulk of setups that come with it through a long period of time AS WELL as one who does not have or who cannot use the said strategy's adapted money management.
Also, especially to one who does not have the trading knowledge and experience necessary to properly manage an external isolated entry.
Without the optimized mm adapted to a given strategy, there is too often little value in doing any real trading along with it.
This is just me my view since I saw too many people throughout the years incur great losses even when following trades from consistently profitable strategies. and share this with respect to any other view of course.
I cant help myself from repeating it. Sorry if this annoyed anyone, but if it got just one newbie thinking twice, than it was worth it !
It is nice that you have appreciated my share Nic and good luck with your trade !
Cheers all and keep on trading happy ! If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #131,385
- May 3, 2021 7:07am May 3, 2021 7:07am
- Joined Sep 2017 | Status: Trader | 4,360 Posts
Trade to trade another day
- #131,389
- Edited 8:49am May 3, 2021 8:17am | Edited 8:49am
- Joined Mar 2020 | Status: Trader | 1,129 Posts
- #131,390
- May 3, 2021 8:49am May 3, 2021 8:49am
- Joined Sep 2018 | Status: Trader Man | 2,123 Posts
- And here is H1,,,{image}
"No pain no gain"
- #131,396
- May 3, 2021 9:56am May 3, 2021 9:56am
- Joined Jun 2020 | Status: Trader | 1,175 Posts
@ zen master (alias mtako): what shall we do with all the long profits we made today? where to put all the money? my bank pays 0%. shall I leave it in the negative carry trade EURUSD long? 
Another day, another dollar.
- #131,398
- May 3, 2021 10:22am May 3, 2021 10:22am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
{quote} Last week I had a long scalper order from 1.2040 and I haven't even closed it yet.. Soon I will but no rush.. Let's see some bearish signs first..
Focus only on what truly matters!
I created a new system. Well not really new, but concept is the same. I think it is good. Posting some trades I did. It's 1 000 USD acc guys.
Tick chart is used for entries. Trend really does not matter that much. I tried also gold with it. Signal I had there was simply great so I opened it. Trade took about 2 mins. This is what we want. Simply, fast. Don't do it the difficult way.
Check my threads to understand it a bit. It is free, nothing to sell. I know it sounds like commercial but it is not. Sorry for that. HMA indi is used. Because it lags, this is what we want. We use its lag, to open sell on high and buy on low. To avoid DrawDown.
You need to beat the s*** from the leverage.
SF
Tick chart is used for entries. Trend really does not matter that much. I tried also gold with it. Signal I had there was simply great so I opened it. Trade took about 2 mins. This is what we want. Simply, fast. Don't do it the difficult way.
Check my threads to understand it a bit. It is free, nothing to sell. I know it sounds like commercial but it is not. Sorry for that. HMA indi is used. Because it lags, this is what we want. We use its lag, to open sell on high and buy on low. To avoid DrawDown.
You need to beat the s*** from the leverage.
SF
- #131,400
- May 3, 2021 10:40am May 3, 2021 10:40am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
I created a new system. Well not really new, but concept is the same. I think it is good. Posting some trades I did. It's 1 000 USD acc guys. Tick chart is used for entries. Trend really does not matter that much. I tried also gold with it. Signal I had there was simply great so I opened it. Trade took about 2 mins. This is what we want. Simply, fast. Don't do it the difficult way.
We keep posting around EURUSD.. Thanks
Focus only on what truly matters!