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No Brainer Trades

  • #8,761
  • Feb 12, 2009 11:08am Feb 12, 2009 11:08am
here is one of them took profits and stop at break even...

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  • #8,762
  • Feb 12, 2009 11:10am Feb 12, 2009 11:10am
Here is another winner one took profits and brek even on it....

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  • #8,763
  • Feb 12, 2009 11:11am Feb 12, 2009 11:11am
Here is the other one still running nothing secured on it yet ....

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  • #8,764
  • Feb 12, 2009 11:41am Feb 12, 2009 11:41am
Now making money going down lol...took profits on the short as well lol....

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  • #8,765
  • Feb 12, 2009 11:50am Feb 12, 2009 11:50am
Alright guys won every trade today including my trade against my long.....I have break even on my short already

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  • #8,766
  • Feb 12, 2009 12:01pm Feb 12, 2009 12:01pm
Quoting Shermenator
Alright guys won every trade today including my trade against my long.....I have break even on my short already

Attachment
Hi Sherm,
took the same short than you sell limit @ 90.68 the lower it went was 90.49 so no BE for me yet. I was a little worried about the retrace at the previous candle and it doesn't move a lot it might break to the upside.
Did you put BE at +20pips?
  • #8,767
  • Feb 12, 2009 12:07pm Feb 12, 2009 12:07pm
Quoting schmurex
Hi Sherm,
took the same short than you sell limit @ 90.68 the lower it went was 90.49 so no BE for me yet. I was a little worried about the retrace at the previous candle and it doesn't move a lot it might break to the upside.
Did you put BE at +20pips?
picture
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  • #8,768
  • Feb 12, 2009 12:08pm Feb 12, 2009 12:08pm
Quoting schmurex
picture
Great sell....just be aware of the current market conditions nd what your trying to reach in the trade......look at what happended on the daily and beaware of everything my friend good luck
  • #8,769
  • Feb 12, 2009 12:09pm Feb 12, 2009 12:09pm
Alright guys I will now go hibernate lol done trading for today take it easy guys...
  • #8,770
  • Feb 12, 2009 12:11pm Feb 12, 2009 12:11pm
Quoting schmurex
Hi Sherm,
took the same short than you sell limit @ 90.68 the lower it went was 90.49 so no BE for me yet. I was a little worried about the retrace at the previous candle and it doesn't move a lot it might break to the upside.
Did you put BE at +20pips?
Actually faster took like 10 pips and then just got taken out of it....I based it on the conditions on the market so it was quick heavy move for me
  • #8,771
  • Feb 12, 2009 12:13pm Feb 12, 2009 12:13pm
Quoting Shermenator
Actually faster took like 10 pips and then just got taken out of it....I based it on the conditions on the market so it was quick heavy move for me
If I was awake for it I would sell it if goes higher again...lol hope I am not awake since I have college in like 5 hours
  • #8,772
  • Feb 12, 2009 4:27pm Feb 12, 2009 4:27pm
USD/CHF Support at 1.15, area for longs.

We would be looking at a breach of the uptrend at that point, my major concern. However, the 1.15 level looks strong with buyers.

Thoughts on this anyone?

**I will get charts up later, can't at the moment**
  • #8,773
  • Feb 12, 2009 4:32pm Feb 12, 2009 4:32pm
short at 1.2903... SL at 20pips... anyone on this as well?
  • #8,774
  • Feb 12, 2009 5:10pm Feb 12, 2009 5:10pm
Quoting Knightz
short at 1.2903... SL at 20pips... anyone on this as well?
I got in at 1.2889 and finally got myself at break even now.
"Support and Resistance either holds or it doesn't." -Anonymous hillbilly
  • #8,775
  • Feb 12, 2009 5:59pm Feb 12, 2009 5:59pm
Quoting schmurex
IMHO 2537 level is still valid for a retest before breaking through.
I allready missed it twice for 2 to 4 pips. hope to get it next time.
my sell limit placed yesterday eventually paid off.
already 73 pip locked in with a 45 pip trailing stop
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  • #8,776
  • Feb 12, 2009 6:11pm Feb 12, 2009 6:11pm
Morning,

Euro paid out along with the sweet sweet Geppy Yesterday and there was a nice bounce off the bottom trend line on Euro. Already closed out when that happened but it's something to note for any up coming trades.
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  • #8,777
  • Feb 12, 2009 7:54pm Feb 12, 2009 7:54pm
Just woke up to see my remainder trade that was negative a bitt when I when to sleep lol another winner haha

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  • #8,778
  • Feb 12, 2009 8:30pm Feb 12, 2009 8:30pm
Shermenator,

Congrats on those trades.

I seen they all have followed the same logic, break of the Sup/Res, but what exactly made you think the level was going to break, not bounce?

BTW, what's that round number indicator you use?

Cheers and congratulations,
Osyrius
Chasing Livermore...
  • #8,779
  • Feb 12, 2009 8:33pm Feb 12, 2009 8:33pm
Actually, now I see. You placed those buys before the prices dropped, and they never hit your SL, right?
Chasing Livermore...
  • #8,780
  • Feb 12, 2009 9:40pm Feb 12, 2009 9:40pm
short at 1.2932... tight SL of 20.
first daily resistance... anyone in?
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