{quote} Be careful man, always have a risk management strategy and stick to it no matter what the context isI hope your short and mine turn green! PS: You are very overleveraged, unwinding some short positions to gain some room in case this goes to 1.0865 wouldn't be a bad idea.
New Cable Thread & Other Pairs
- #4,602
- May 15, 2024 6:17am May 15, 2024 6:17am
- Joined Aug 2010 | Status: absolute beginner | 5,463 Posts
trading is like dancing, don't think and just listen to the music!
- #4,604
- May 15, 2024 6:29am May 15, 2024 6:29am
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- #4,606
- May 15, 2024 6:49am May 15, 2024 6:49am
- Joined Aug 2010 | Status: absolute beginner | 5,463 Posts
trading is like dancing, don't think and just listen to the music!
- #4,607
- May 15, 2024 6:50am May 15, 2024 6:50am
- Joined Oct 2020 | Status: Trader | 14,017 Posts
Insane in the Brain..
I'm just going with the flow.
Price bounced off the value area low (at time of buying) and seems the have found a new higher low.
Bought 2 micros at 18,475.00, SL at 18,440.00 and TP at 18,700.00 (just above the 1.618 level of the fib trend extension). That would be a 1.50% daily candle, not too uncommon for the NQ.
Didn't really know where to place my TP, so maybe I'm out earlier if price has trouble going up.
15M - MNQ
Price bounced off the value area low (at time of buying) and seems the have found a new higher low.
Bought 2 micros at 18,475.00, SL at 18,440.00 and TP at 18,700.00 (just above the 1.618 level of the fib trend extension). That would be a 1.50% daily candle, not too uncommon for the NQ.
Didn't really know where to place my TP, so maybe I'm out earlier if price has trouble going up.
15M - MNQ
- #4,611
- May 15, 2024 7:45am May 15, 2024 7:45am
Never say never... but I doubt that EURUSD will make it above the yellow rectangle which would be above 1.089X levels.
I will give my shorts some more room for further bullishness but ultimately am still convinced that we will see lower levels.
Dont take my word for it though - your money, your decision
I will give my shorts some more room for further bullishness but ultimately am still convinced that we will see lower levels.
Dont take my word for it though - your money, your decision
Don't follow my trades. Challenge my Analysis!
- #4,612
- May 15, 2024 8:20am May 15, 2024 8:20am
- Joined Aug 2010 | Status: absolute beginner | 5,463 Posts
trading is like dancing, don't think and just listen to the music!
- #4,614
- May 15, 2024 8:34am May 15, 2024 8:34am
- | Commercial User | Joined Jul 2013 | 7,881 Posts
We watch the charts from every angle so you don't have to!!
- #4,618
- May 15, 2024 8:57am May 15, 2024 8:57am
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We watch the charts from every angle so you don't have to!!
- #4,619
- May 15, 2024 9:21am May 15, 2024 9:21am
- | Commercial User | Joined Jul 2013 | 7,881 Posts
Gold
Almost done, maybe that is what is missing!
Almost done, maybe that is what is missing!
We watch the charts from every angle so you don't have to!!
- #4,620
- May 15, 2024 9:26am May 15, 2024 9:26am
- Joined Aug 2011 | Status: Trader | 4,928 Posts
Observation is the path to discovery.