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  • #281
  • Nov 30, 2009 1:31am Nov 30, 2009 1:31am
UPDATE:

I see the selling pressure @129.92 but I am looking at a close above 130.07 to enable me adjust my remaining position to breakeven 129.94 for exit strategy as H1 has closed inside ichi cloud so in this regard I am watching carefully to minimize my exposure though think the trade is still ok but I dont like fighting with the market as I normally enjoy smooth ride up to 120-150pips on this pair..still watching as a previous channel line seems to be holding price around 129.97/92
  • #282
  • Nov 30, 2009 2:07am Nov 30, 2009 2:07am
I am still here and still long @129.94, SL@ 129.02 still watching we'll see what happens
  • #283
  • Nov 30, 2009 2:12am Nov 30, 2009 2:12am
I am bought at 129.70 TP 50 SL 50 we will see
"Buy on fear, sell on greed !!!
  • #284
  • Nov 30, 2009 2:16am Nov 30, 2009 2:16am
Quoting Petar_Serbia
I am bought at 129.70 TP 50 SL 50 we will see

129.30 key decision level
I will let it go lower and buy the reaction in a little while-- or let it go higher and buy the reaction now!
Chasing it down is too risky and no fun- wait 5 minutes and join the new direction!


Miss this subway and catch the next one going the other way-
We going down to 128.92
  • #285
  • Nov 30, 2009 2:19am Nov 30, 2009 2:19am
Quoting bidie
129.30 key decision level
I will let it go lower and buy the reaction in a little while-- or let it go higher and buy the reaction now!
I dont know i just trade with my strategy we will see
"Buy on fear, sell on greed !!!
  • #286
  • Nov 30, 2009 2:24am Nov 30, 2009 2:24am
Quoting Petar_Serbia
I dont know i just trade with my strategy we will see
That is smart but I am still working out my strategy so posting as I go-
I think we going lower but maybe get 5 pips here first on the reaction back up-

5.9 pips-

now going short
Looking for 128.90 then 128.48??
Hope so-
  • #287
  • Nov 30, 2009 2:32am Nov 30, 2009 2:32am
Quoting bidie
That is smart but I am still working out my strategy so posting as I go-
I think we going lower but maybe get 5 pips here first on the reaction back up-

5.9 pips-

now going short
Yea finaly good short after yesterday lost 50 pips now i am ok also GBPUSD sel 30 pips + now,and i wait for audusd sell...
"Buy on fear, sell on greed !!!
  • #288
  • Nov 30, 2009 2:39am Nov 30, 2009 2:39am
Remember Forex traders- don't forget to breath while you are losing your money!
Take a deeeeeeeeep breath!
That's what I do when I remember ..............

Instead of trading with 100 dollars- trade with 1 dollar- it is a lot less stressful;!
  • #289
  • Nov 30, 2009 2:41am Nov 30, 2009 2:41am
Quoting bidie
Remember Forex traders- don't forget to breath while you are losing your money!
Take a deeeeeeeeep breath!
That's what I do when I remember ..............

Instead of trading with 100 dollars- trade with 1 dollar- it is a lot less stressful;!
Yea you are right i risk just 2 % of my balance and i dont have panic or sometnig like that
"Buy on fear, sell on greed !!!
  • #290
  • Nov 30, 2009 2:48am Nov 30, 2009 2:48am
Quoting Petar_Serbia
Yea you are right i risk just 2 % of my balance and i dont have panic or sometnig like that

This game is a biiiiiig learning curve- (
(
-many things to keep in your head until you can get a simple game plan-

I gave myself a year to break even,
: ) that after about 2 years of just watching and not knowing what the he|| was going on-

Now I give myself another year to find financial freedom and

You are very smart my friend ) risking 2% per trade is the the only way to stay in the game
--

Now we go up but i missed most of the move (

Bear still is on for me- I am short now
  • #291
  • Nov 30, 2009 3:16am Nov 30, 2009 3:16am
just got out- have no real good reason to be in the market so have to look at some strategy-
  • #292
  • Nov 30, 2009 3:38am Nov 30, 2009 3:38am
this time.....
Attached Image
  • #293
  • Nov 30, 2009 3:48am Nov 30, 2009 3:48am
Move SL @130
Attached Image
  • #294
  • Nov 30, 2009 3:51am Nov 30, 2009 3:51am
I am still here , still long at 129.94, SL moved to 129.70, still watching 131.77 area, well lets see..
  • #295
  • Nov 30, 2009 3:57am Nov 30, 2009 3:57am
Quoting masut
Move SL @130
exit trade for 30 pips
  • #296
  • Nov 30, 2009 4:02am Nov 30, 2009 4:02am
Smart money-
by and by
You become transparent to my eye-
Your ways of trading you try to hide-
You will be my servant - by and by
  • #297
  • Nov 30, 2009 4:29am Nov 30, 2009 4:29am
just moved SL to 129.44, i know this is not very sound trading but I have to follow my whim, which has kept in till now lol, we see...

Since the market has decided to be double agent for now, i am still watching , still long at 129.94..since I can still see bullish scenerio being played out..I may very well be wrong and regret moving SL down but It wont kill me..
  • #298
  • Nov 30, 2009 5:10am Nov 30, 2009 5:10am
Smart money just took a big dump- young punks!
I am on to them - one line at a time boys......
  • #299
  • Nov 30, 2009 10:40am Nov 30, 2009 10:40am
This is a game run by weasels- look at the way they marched the price down from 10 am- wake up me
  • #300
  • Nov 30, 2009 10:43am Nov 30, 2009 10:43am
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
This moves look prette unclear to me today.
Can't find clear set-ups.
For now I took a quick LONG, when it bounced at the 129.
SL already saved at break even.
Let's see how it goes on...
"Blue Horseshoe loves Anacott Steel!"
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