1.5766 is FE 1 of last ABCD on daily chart.
Good trade all!
Good trade all!
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DislikedXtrade...no regret at all. Someone once said the Forex is not your mother. Any trade that add to your equity is a good trade (for me). I am with you with not going to give back any pips.
We can always catch her again during retrace or during further down. Always account for variable change. G/L to you.Ignored
DislikedWhy do you keep going long? At least show me a chart :nerd:
I think 1.5800 will act as support now...
This is where I think retrace will happen. That being said, I would not trade it until I saw conformation.
QueIgnored
DislikedAgreed on the 5800 que.
Here's my trade:
http://www.forexfactory.com/showpost...postcount=3114
I got a very good price methinks ... i hope
2usd/pip trade allows the wide stop btw. Let's see how this goes.
Have a good one , see ya londonIgnored
DislikedIs it just me or are you guys getting chills down your spine that this thing is about to explode!Ignored
DislikedI am sorry, I did not mean to imply anything negative about you. It was just weird seeing a great short, then you saying you think its going down, then closing it. I was just confused, thought you may have meant it was going up and had a mistype.
QueIgnored
DislikedWhy do you keep going long? At least show me a chart :nerd:
I think 1.5800 will act as support now...
This is where I think retrace will happen. That being said, I would not trade it until I saw conformation.
QueIgnored
DislikedIs it just me or are you guys getting chills down your spine that this thing is about to explode!Ignored
DislikedI want this thing to come up to 1.5844, not because I have a long (Broker will not allow counter trades, but I want to get in another position...
QueIgnored
DislikedI want this thing to come up to 1.5844, not because I have a long (Broker will not allow counter trades, but I want to get in another position...
QueIgnored
DislikedI am with you on that! She is indecisive as of yet.
Are you going long on the way up? I am tempted. But it is against a rule I have set for myself. A bit more conformation then maybe an attempt.
Hopefully slapping her with another short on exit. This could be slow and painful.
BTW, that is great that you are teaching your kids.
I wish I started learning / trading Forex years ago. But, now that I am here
I am hooked. Happy to be a part of Factory too.Ignored
DislikedNo, my broker does not allow hedging. Meaning I must close my short to go long. ....
Yes, he is reading BabyPips.com right now. ....
Thats some ways off, but at this time, his enthusiasm is off the charts.
QueIgnored
DislikedNor can I. This is a result of that NFA ruling correct? FIFO?
That's GREAT that he is enjoying it!
May I ask what charts you look at to set up the trades we are discussing?
In J16 He suggests using a daily or weekly chart as a newbie.
Any thought?Ignored