Great to hear that wakli. I am currently holding my short position as well. atm up by 140+ pips. I had since moved my SL down by 100 pips.
Meanwhile EU still stuck in a tight range....Thinking to play the breakout....
- #20,861
- Feb 2, 2009 5:14am Feb 2, 2009 5:14am
Meanwhile EU still stuck in a tight range....Thinking to play the breakout.... - #20,865
- Feb 2, 2009 4:24pm Feb 2, 2009 4:24pm
wakli, ur tips on sunday bar strategy really works. but I missed the bus, coz when my broker open, i was on my way to work. huhuhuh...
thanks wakli!!
Just wait for the good setup to come and nail it.....
- #20,866
- Feb 2, 2009 6:48pm Feb 2, 2009 6:48pm
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
Good to hear that as well....Secure our profit a.s.a.p.....You won't regret it....
Im thinking to play AU and looking at the current level now..
- #20,869
- Feb 2, 2009 7:57pm Feb 2, 2009 7:57pm
Morning bro..
Im thinking to play AU and looking at the current level now..
- #20,870
- Feb 2, 2009 8:01pm Feb 2, 2009 8:01pm
Hi wakli bro,
Sorry that I am a slow learner. After seeing your posts I still do not understand about the sunday bar strategy. Can explain in more details? Sorry for the trouble caused.
- #20,872
- Feb 2, 2009 10:19pm Feb 2, 2009 10:19pm
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
Morning John....Too scared to trade AU since the rate decision is today....Will thinking to trade only after the rate decision which is half an hour ago....
ps: sabar baem sabar...
Actualy it's an ib(inside bar) strategy.....You can trade an ib on breakout not necessarily on Monday only but any other day will do as long as you can see the ib....
For trading IB, do you wait for price to break the second bar or wait for price to break the first bar. In addition do you look at the colour of the bar, like green to go long and red to go short?
- #20,874
- Feb 2, 2009 11:55pm Feb 2, 2009 11:55pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
does anybody here go for GU??
Thank You 
- #20,875
- Feb 3, 2009 1:08am Feb 3, 2009 1:08am
Hi wakli,
For trading IB, do you wait for price to break the second bar or wait for price to break the first bar. In addition do you look at the colour of the bar, like green to go long and red to go short?
- #20,876
- Feb 3, 2009 2:33am Feb 3, 2009 2:33am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
I still have an open position short on GU since yesterday. Tho I've been scalping some nice figures since. My take is this ranging should end soon, south hopefully 
Thank You
- #20,877
- Feb 3, 2009 2:44am Feb 3, 2009 2:44am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
I still have an open position short on GU since yesterday. Tho I've been scalping some nice figures since. My take is this ranging should end soon, south hopefully
1. It going to S1=1.4101 if fall below than 1.4055 S2=1.3999 or even lowe @ S3=1.3834 in on his way
- #20,878
- Feb 3, 2009 2:47am Feb 3, 2009 2:47am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Been holding it for the past 24 hours. I think I am patient enough man
Thank You
- #20,879
- Feb 3, 2009 2:50am Feb 3, 2009 2:50am
- | Commercial User | Joined Oct 2008 | 5,712 Posts
Been holding it for the past 24 hours. I think I am patient enough man
- #20,880
- Feb 3, 2009 2:55am Feb 3, 2009 2:55am
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Oh, I have a simple secret to it, i just set my sl and tp and leave. Only come up to see how things are coming along every 3-4 hours or so. I'd prolly go mad if I have to stare at the charts and watch the pa. 
How's your trading coming along bro?
How's your trading coming along bro?
Thank You