Average Down | Page 18 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD

Similar Threads

Simple Moving Average Vs. Moving Average? 8 replies

Indicator for average candle size for up or down candle? 1 reply

why is everyone so afraid to average down? 201 replies

2010 Journal Experiment: Average 15-30% Per Month With Minimum Draw Down. 13 replies

Exiting the Market - Hedging or Average Down 5 replies

Attachments: Average Down
Exit Attachments

Average Down

  • #341
  • Jul 13, 2022 11:46am Jul 13, 2022 11:46am
very interesting day...
i missed the buy at 1707...
i manage some short scalp and get away clean before flying...
so D1 REE in process, same with the W1 correction move...

same view and projection...
will look for a sell when the price hit 1750-65...
if over shoot then next pattern will be the weekly projection...
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-07-13_19-35-38.png Size: 48 KB

weekly picture getting clear, i hope it will give some low retest again and continue flying for correction...
W1 REE at 1800-40...
too early to tell but it is long shoot, many could happen this 3rd quarter...
on M1 bear still in momentum to test 1670, in order to push lower we have to see first higher correction in D1 or W1...
Attached Image (click to enlarge)
Click to Enlarge Name: XAUUSD_2022-07-13_19-39-09.png Size: 47 KB
"bad trades at times do happen even when the set up are good"
  • #342
  • Jul 13, 2022 11:55am Jul 13, 2022 11:55am
Quoting razoredge22
{quote} again gold retest on previous reentry fibo zone on H1 and top bb H4 did you get in the trade ? {image} {image}
notice it too buddy...
unlucky i was on way home driving when the price reach that level...
its already down when i reach my trade station...
it could retest again that SP level...
"bad trades at times do happen even when the set up are good"
  • #343
  • Jul 13, 2022 2:21pm Jul 13, 2022 2:21pm
done for today +$180
expecting asia to push it higher, or drop then LO boys will play bullish...
same view, same level...
all same just keep going and going
"bad trades at times do happen even when the set up are good"
  • #344
  • Jul 14, 2022 1:37am Jul 14, 2022 1:37am
long gold 1724...
will add more if price goes down...
"bad trades at times do happen even when the set up are good"
  • #345
  • Jul 14, 2022 2:09am Jul 14, 2022 2:09am
Quoting spijack
long gold 1724... will add more if price goes down...
added some till 1716...
jumping too early...
"bad trades at times do happen even when the set up are good"
  • #346
  • Jul 14, 2022 4:47am Jul 14, 2022 4:47am
Quoting spijack
{quote} added some till 1716... jumping too early...
added more long 1712...
waiting for rebound..
"bad trades at times do happen even when the set up are good"
  • #347
  • Jul 14, 2022 5:24am Jul 14, 2022 5:24am
London boys never change
Always before lunch break they push the price...
And now gold melting down again
"bad trades at times do happen even when the set up are good"
  • #348
  • Jul 14, 2022 8:57am Jul 14, 2022 8:57am
damn
i was away from my trade station more than 3 hrs being busy with my day job...
and my account wipe out...
wrecking day
"bad trades at times do happen even when the set up are good"
  • #349
  • Jul 14, 2022 10:20am Jul 14, 2022 10:20am
Quoting spijack
damn i was away from my trade station more than 3 hrs being busy with my day job... and my account wipe out... wrecking day
ohhh dangg ! aw mann that suck. what went wrong ?
fall seven times, stand up eight.
  • #350
  • Jul 14, 2022 10:50am Jul 14, 2022 10:50am
Quoting razoredge22
{quote} ohhh dangg ! aw mann that suck. what went wrong ?
really sucks bro
i was scalping before london, looking for small upward correction then the glide...
same time i was again in mobile..
so i decided to keep it...
unlucky we had unexpected breakdown in power substation...
took more than 3 hrs of trouble shooting...
when i get back to my office
profit blasted and wrecked...
i will not trade again in mobile and far from my trade station...
"bad trades at times do happen even when the set up are good"
  • #351
  • Jul 14, 2022 11:17am Jul 14, 2022 11:17am
Quoting spijack
{quote} really sucks bro i was scalping before london, looking for small upward correction then the glide... same time i was again in mobile.. so i decided to keep it... unlucky we had unexpected breakdown in power substation... took more than 3 hrs of trouble shooting... when i get back to my office profit blasted and wrecked... i will not trade again in mobile and far from my trade station...
if trading in mobile not working for you. please avoid it. if your not on your trading station it is better to add sl on high risk trade. or just cut some losses instant if you have urgent work to do. small loss is better than mc. remember to journal to avoid something like this happen in future.

last is, dont give up man. there will always be up and down in trading. best of luck too.
fall seven times, stand up eight.
  • #352
  • Jul 14, 2022 11:28am Jul 14, 2022 11:28am
Quoting razoredge22
{quote} if trading in mobile not working for you. please avoid it. if your not on your trading station it is better to add sl on high risk trade. or just cut some losses instant if you have urgent work to do. small loss is better than mc. remember to journal to avoid something like this happen in future. last is, dont give up man. there will always be up and down in trading. best of luck too.
yeah shit happen in painful most of the time...
we will come back strong no worry...
we can always start fresh and relax...
"bad trades at times do happen even when the set up are good"
  • #353
  • Jul 14, 2022 1:35pm Jul 14, 2022 1:35pm
bad day, dab timing and bad handling...
average down TE destroyed and wreck today -70.3% -$3,570
again no excuses, my fault
never again trade with mobile...
all my gain from feb wiped out...
let's start again from scratch, i will also looking on forex pairs from next week...
i will keep my TE posted, memory of failure...
i still gonna post my day to day trade position here...
"bad trades at times do happen even when the set up are good"
  • #354
  • Jul 15, 2022 3:03am Jul 15, 2022 3:03am
sold GU from 1.18360-.8440...
SL 1.188...
H4 REE mahi...
tp open...
"bad trades at times do happen even when the set up are good"
  • #355
  • Jul 15, 2022 3:13am Jul 15, 2022 3:13am
Quoting spijack
sold GU from 1.18360-.8440... SL 1.188... H4 REE mahi... tp open...
taken some profit at +20pips 1.182...
2 more position in BE+1...
let it run....
"bad trades at times do happen even when the set up are good"
  • #356
  • Jul 15, 2022 4:15am Jul 15, 2022 4:15am
Quoting spijack
{quote} taken some profit at +20pips 1.182... 2 more position in BE+1... let it run....
SL BE+1 hit...
GU price back from entry point...
reentry sell again 1.1841
SL 1.188
"bad trades at times do happen even when the set up are good"
  • #357
  • Jul 15, 2022 6:10am Jul 15, 2022 6:10am
Quoting spijack
{quote} SL BE+1 hit... GU price back from entry point... reentry sell again 1.1841 SL 1.188
TRADE UPDATE GU...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-h4-fxpro-global-markets.png Size: 48 KB
"bad trades at times do happen even when the set up are good"
  • #358
  • Jul 15, 2022 6:12am Jul 15, 2022 6:12am
UPDATE ON GOLD...
waiting for REE H4...

Attached Image (click to enlarge)
Click to Enlarge Name: gold-h4-fxpro-global-markets.png Size: 37 KB
"bad trades at times do happen even when the set up are good"
  • #359
  • Jul 15, 2022 6:17am Jul 15, 2022 6:17am
oh mann. there mistake on my previous reply saying reentry h4 gold is on mid bb. is actually gbpusd pair. my bad man. hahahaa! i bet you confused with my reply

Edit: on second thought. im actually right. man i the one who confused. ahahahahaha !!
fall seven times, stand up eight.
  • #360
  • Jul 15, 2022 6:29am Jul 15, 2022 6:29am
there acutally sp sell on h1. probably around ma high h4. wiling to take the risk, get in the sp zone. if you wan lower risk, wait for csak and reentry.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 64 KB
fall seven times, stand up eight.
0 traders viewing now