I shorted at 210 this morning and I said I would hold it for 200-300. Now it is getting close to 200 pips. I was so sure of this trade that I went real heavy. The setup was just so "perfect": trendline break, qqe crossed and below gann line, no major MAs for support, stock was plummeting after negative news, uj broke major support. Sometimes forex is just that simple and easy. I'm closing half my position here and letting the other half tp at 207.50. I'm set for the month after this trade.
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- Feb 28, 2008 11:59pm Feb 28, 2008 11:59pm
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- Post #64,066
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- Feb 29, 2008 12:40am Feb 29, 2008 12:40am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
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- Feb 29, 2008 12:56am Feb 29, 2008 12:56am
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LouisBLaxin Said So
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- Feb 29, 2008 1:07am Feb 29, 2008 1:07am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- Post #64,070
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- Feb 29, 2008 1:19am Feb 29, 2008 1:19am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
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- Feb 29, 2008 1:23am Feb 29, 2008 1:23am
- Joined Dec 2007 | Status: Member | 354 Posts
LouisBLaxin Said So
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- Feb 29, 2008 1:44am Feb 29, 2008 1:44am
- Joined Sep 2005 | Status: J16 Senior Member | 13,635 Posts
Indicators show the past. Price Action "Indicates" the future.
- Post #64,073
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- Feb 29, 2008 1:58am Feb 29, 2008 1:58am
- Joined Dec 2007 | Status: Member | 354 Posts
LouisBLaxin Said So
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- Feb 29, 2008 2:40am Feb 29, 2008 2:40am
- | Joined Jul 2006 | Status: Financial confidence | 434 Posts
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- Feb 29, 2008 2:41am Feb 29, 2008 2:41am
- | Joined Dec 2007 | Status: Wish I had more capital !! ;-) | 1,050 Posts