Attachments: EURUSD only

EURUSD only

#133,481
May 28, 2021 12:21pm May 28, 2021 12:21pm

Monk
| Joined Mar 2007 | Status: Trader | 903 Posts

Quoting Ata-Turkoglu

Disliked

Just opened a sell order here at 1.2198 according to H4 chart... Stops must go 24 pips or higher..

Ignored

What’s your average time looking to stay in a trade? Saw a post today you referred this pair having a step I think you called it or 25 to something pips. I know the pair moves a sort of set or average amount each day (with exceptions) but haven’t really thought of adding that into my strategy - like this thing is going to go on average of 30 pips in a direction. If it’s already gone 12 that way do I really want to take this trade? Makes me then think I’m trying to pick tops and bottoms and not just go with the flow

--post hoc ergo propter hoc--

#133,482
Edited 1:16pm May 28, 2021 12:27pm | Edited 1:16pm

Rijfie
Joined Aug 2015 | Status: Trader | 466 Posts

sell order placed and closed

Happy trading

#133,483
May 28, 2021 12:31pm May 28, 2021 12:31pm

sharingan9
Joined Mar 2015 | Status: Trader | 1,439 Posts

EU crazy day haha. I lookd his morning saw price broke the trendline and I was in big profit on a short. took a 2 hour nap and half my profits gone haha. looks like the uptrend isn over on the H1/H4 chart but t was a fun reversal down on the m15. EU was a nice short these past couple days. Remember just because an overalll trend is bullish doesnt mean you cant short the smaller timeframe bearish retracements within the overall trend so long as you get a reversal signal. What i love is shorting uptrends take profit and then wait for the uptrend to record a new high and short it again and repeat this until a final big sell off or reversal

#133,484
May 28, 2021 12:38pm May 28, 2021 12:38pm

Monk
| Joined Mar 2007 | Status: Trader | 903 Posts

Here’s some of my negative thinking:
if I close it will automatically break up 50 pips last few hours
if I hold it will come crashing down any many bit my stop then probably go back up
if I close and short who knows

im guessing everyone goes through this at some point. What I’m thinking is I just close in a very nice profit and be happy and grateful for the week and spend some time reviewing what I did and didn’t do right this week and what I plan or think will happen next week.

--post hoc ergo propter hoc--

#133,485
May 28, 2021 12:39pm May 28, 2021 12:39pm

fxpipper
Joined Apr 2009 | Status: Trader | 805 Posts

Quoting yogii291

Disliked

Today was a wild big big swing days. I am on the side lines for now. I took a loss because I got excited and broke my trading rules. I did not waited for the trade to develop and jumped in too early. Observing on the daily chart market or price is back in the middle of last 8 days. It looks like the market might trade sideway for a while. The brokers just cleaned up all the long and short orders of the retail trades from there books. Plus the uptrend still looks in place, going forward taking long trades make sense. Please share you opinion as I...

Ignored

I suffered from FOMO today. Didn’t break any rules, but I’m still susceptible to FOMO. I think most people are.

#133,486
May 28, 2021 12:42pm May 28, 2021 12:42pm

mtako
Joined Sep 2020 | Status: Trader | 8,702 Posts

Conditions are still ripe, but its Friday late. I have what I believe will be my last long setup of the day. buy stop 20055, SL starting at 1997. Its Friday. To all who arent sure to hold or not to hold = I say dont hold... Monday is a new day.

If I don't mention SL and/or TP = longer-term setup possibly in the works!

#133,487
May 28, 2021 12:43pm May 28, 2021 12:43pm

energies
| Joined Jan 2021 | Status: Trader | 413 Posts

.....carry on see saw......

Attached Image

#133,488
May 28, 2021 12:44pm May 28, 2021 12:44pm

fxpipper
Joined Apr 2009 | Status: Trader | 805 Posts

Quoting mtako

Disliked

Conditions are still ripe, but its Friday late. I have what I believe will be my last long setup of the day. buy stop 20055, SL starting at 1997. Its Friday. To all who arent sure to hold or not to hold = I say dont hold... Monday is a new day.

Ignored

I think I’m done for the week. I’ll wait for the first meaningful dip then buy. Sunday or Monday.

#133,489
May 28, 2021 12:45pm May 28, 2021 12:45pm

ParadiseCity
| Joined May 2021 | Status: Trader | 39 Posts

Bought at 1.2199 for open tp, sl at 1.2185

#133,490
May 28, 2021 12:46pm May 28, 2021 12:46pm

sharingan9
Joined Mar 2015 | Status: Trader | 1,439 Posts

Quoting Monk

Disliked

Here’s some of my negative thinking: if I close it will automatically break up 50 pips last few hours if I hold it will come crashing down any many bit my stop then probably go back up if I close and short who knows im guessing everyone goes through this at some point. What I’m thinking is I just close in a very nice profit and be happy and grateful for the week and spend some time reviewing what I did and didn’t do right this week and what I plan or think will happen next week.

Ignored

yes buddy. the best thing to do is make a decision based on where you think price will likely go. what is your bias and what are the signs. from there make a decision and stick with it and no matter what happens you did your best and stuck with the decision you made

#133,491
May 28, 2021 12:48pm May 28, 2021 12:48pm

Monk
| Joined Mar 2007 | Status: Trader | 903 Posts

I’ve decided to hold remainder of the day but with a very tight stop. Using the 15m putting my stop 2 pips below the low 3 bars ago. Right now at 2199 and each new move up will adjust. Might keep it open over the weekend. The decade ago days of seeing a 80 pip gap and getting a stop triggered 60 pips below where it should have I don’t think are happening any more. That I know of

--post hoc ergo propter hoc--

#133,492
May 28, 2021 1:00pm May 28, 2021 1:00pm

mtako
Joined Sep 2020 | Status: Trader | 8,702 Posts

.22 holding too nice, was expecting an earlier drop back to 2190 in the face of .22... Good sign.

I can feel the weekend is sneaking in. Hey ! glad to see you energies!

Quoting fxpipper

Disliked

{quote} I think I’m done for the week. I’ll wait for the first meaningful dip then buy. Sunday or Monday.

Ignored

Have a good one fxpipper! Hey friend, I finally searched FOMO to understand all of your post. Fear Of Missing Out. Old guy here... dont laugh, we still got it!

Attached Image

If I don't mention SL and/or TP = longer-term setup possibly in the works!

#133,493
Edited 1:26pm May 28, 2021 1:01pm | Edited 1:26pm

yvestrcz
Joined Mar 2020 | Status: Trader | 1,129 Posts

Bulls have given up a bit. Are we going for another round?
Don't think so. The orchestra will keep it within the tight range of .2195 to .2199 so to preserve the beautiful shape of the daily candle and "brag" about it on Monday. Thus holding sell scalp trades for the rest of the week is futile IMHO. Have a great weekend guys!

#133,494
May 28, 2021 1:04pm May 28, 2021 1:04pm

ParadiseCity
| Joined May 2021 | Status: Trader | 39 Posts

Quoting ParadiseCity

Disliked

Bought at 1.2199 for open tp, sl at 1.2185

Ignored

Closed at 1.2204.

#133,495
Edited 1:24pm May 28, 2021 1:10pm | Edited 1:24pm

Monk
| Joined Mar 2007 | Status: Trader | 903 Posts

Got stopped @ 2197....now the tough part not jumping back in which I highly doubt. Looking at price again could have closed at 2203 or whatever and immediately gone short with a 25 pip stop and then held that over the weekend as a gamble

looking at my account I had about a 15% return this week. Not sure if that is realistic or crazy or sustainable or whatever. But feels good to finally be “in the green” overall. Have had weeks lot better then this for sure. But have also had some really terrible ones of all sorts. Ones with 1 huge dumb ass trade and others with 10 small paper cuts which compounded.

curious what many are looking to “return” each week / month or overall. Like the 400K account...what’s the goal with that level of capital? I can’t imagine catching some of the trades that I do having 10 lots on the board. Shit. Makes my stomach flip just typing it

--post hoc ergo propter hoc--

#133,496
May 28, 2021 1:20pm May 28, 2021 1:20pm

mtako
Joined Sep 2020 | Status: Trader | 8,702 Posts

Quoting mtako

Disliked

{quote} 2153 triggered, moved my 2138 and 2145 to BE, just bought again 2157, and am continuing as long as volatility keeps growing and we dont get a 30m broken low of a bear candle. Deja-vu a bit over 20% correction. 2160s reaction here is crucial.

Ignored

Done from .2199, as planned... Much longer than expected first day of trading after couple of very unpleasant days...

Cheers all and wishing us all the very best with our existing trades but even more so with our overall trading in the long-term.

P.S Special