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Trading 101

  • #641
  • Nov 28, 2021 10:06pm Nov 28, 2021 10:06pm
Price consolidating, waiting is the only way here
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MA provides the market's current direction and strength.
  • #642
  • Nov 29, 2021 2:26am Nov 29, 2021 2:26am
Quoting hasib
Price consolidating, waiting is the only way here {image}
Waiting for what, long or short??
the cautious seldom err....C
  • #643
  • Edited 6:07am Nov 29, 2021 3:45am | Edited 6:07am
setting buy limits for scalping
EDit: only one pending triggered this far
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the cautious seldom err....C
  • #644
  • Nov 29, 2021 3:50am Nov 29, 2021 3:50am
Monday can be tricky, so wait for the market to come to you..do not trade the obvious as it's a trap for suckers
the cautious seldom err....C
  • #645
  • Nov 29, 2021 4:42am Nov 29, 2021 4:42am
Quoting pips29
guess I made a mistake of taking profit too quickly, there was a gap down and quite often it gets filled quickly, that was my thinking {image}
I was lucky to be triggered in last Friday...spreads were widening 15 minutes before the close and I tried my luck by putting in a pending sell at 1.2793 and it got hit and the price closed at 87 . It was a planned move on my part but I did not expect such a big gap down though I was very confident price will fall. There's nothing to worry when you have a plan set out. I am now planning to hold some trades for a far longer time as I take my direction from the monthly. Know what you are doing and you will never fear the market
the cautious seldom err....C
  • #646
  • Nov 29, 2021 5:09am Nov 29, 2021 5:09am
going long again after taking some profits this morn
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the cautious seldom err....C
  • #647
  • Nov 29, 2021 5:13am Nov 29, 2021 5:13am
setting buy limits for thr euro
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the cautious seldom err....C
  • #648
  • Nov 29, 2021 6:17am Nov 29, 2021 6:17am
Quoting pips29
setting buy limits for scalping EDit: only one pending triggered this far {image}
just a quick scalp
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the cautious seldom err....C
  • #649
  • Nov 29, 2021 8:37am Nov 29, 2021 8:37am
GU, Stop out 1 trade, 1 tp.

2 sell is running in EU
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MA provides the market's current direction and strength.
  • #650
  • Nov 29, 2021 12:40pm Nov 29, 2021 12:40pm
when I saw the gap being closed I set out to short again..I have taken 2/3 off and leaving the remainder for my target lower, it's astress free trade as it's locked in at b/e
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the cautious seldom err....C
  • #651
  • Nov 29, 2021 4:20pm Nov 29, 2021 4:20pm
Quoting pips29
when I saw the gap being closed I set out to short again..I have taken 2/3 off and leaving the remainder for my target lower, it's astress free trade as it's locked in at b/e {image}
I have just logged in and found my loonie trade hit my target.
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Click to Enlarge Name: USDCADM15.png Size: 74 KB
the cautious seldom err....C
  • #652
  • Nov 29, 2021 4:42pm Nov 29, 2021 4:42pm
Quoting pips29
setting buy limits for thr euro {image}
Both entries are protected with a few pips
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the cautious seldom err....C
  • #653
  • Nov 29, 2021 5:35pm Nov 29, 2021 5:35pm
Quoting pips29
going long again after taking some profits this morn {image}
hopefully the kiwi behaves this time round, will probably take a couple of days or more for the targets to be hit, patience2
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the cautious seldom err....C
  • #654
  • Nov 30, 2021 3:32am Nov 30, 2021 3:32am
Quoting pips29
{quote} Both entries are protected with a few pips {image}
one out ,another just waiting
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the cautious seldom err....C
  • #655
  • Nov 30, 2021 3:36am Nov 30, 2021 3:36am
can you believe it? my sell order was missed by less than 1/2 pip
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the cautious seldom err....C
  • #656
  • Nov 30, 2021 3:47am Nov 30, 2021 3:47am
target hit on my other acc
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the cautious seldom err....C
  • #657
  • Nov 30, 2021 3:53am Nov 30, 2021 3:53am
disappointed with the kiwi, it's taking a bit of time and I'm giving it another 2 days but as long as there is no close below 68 then there's no alarm
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the cautious seldom err....C
  • #658
  • Nov 30, 2021 5:04am Nov 30, 2021 5:04am
first trade of the morning, entry point wasn't the best and so might add
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the cautious seldom err....C
  • #659
  • Edited 5:54am Nov 30, 2021 5:23am | Edited 5:54am
protecting my trade at b/e now
EDit: just taken 1/3 out for profit
EDit 2: took another bit out and leaving the remainder to hit target, will move the stop down accordingly
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the cautious seldom err....C
  • #660
  • Nov 30, 2021 8:05am Nov 30, 2021 8:05am
setting buy limits for the dragon,,looking like big boys pushing down yen related pairs atm for a good buy. You can see this across the yen pairs and so we wait to buy at a discount
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the cautious seldom err....C
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