I couldn't pass it up. the bar was too big and nice. I have missed several daily bar patters and I wasn't about to miss that one too
Many choose unhappiness over uncertainty.
james16 Chart Thread
- #52,341
- Jan 21, 2010 9:27am Jan 21, 2010 9:27am
- | Joined Sep 2009 | Status: Making Money > Being "Right" | 1,811 Posts
- #52,343
- Jan 21, 2010 9:51am Jan 21, 2010 9:51am
- | Joined Sep 2009 | Status: Making Money > Being "Right" | 1,811 Posts
Me too Dan... I don't know where it's going now, but happy to stick to my plan and preserve capital.
Fortunately my U/C and G/U trades are going strong.
-- Danny
I'm short GBPCHF right now so if that thing decides to take off the same way EURGBP has, I'm going to be rollin in money this week....
GBPJPY 4hr BEOB breaking the consolidation support trendline as we speak, bar closes in 9 minutes....
Many choose unhappiness over uncertainty.
- #52,346
- Jan 21, 2010 10:05am Jan 21, 2010 10:05am
B/E, stick it in the winners column
I'm short GBPCHF right now so if that thing decides to take off the same way EURGBP has, I'm going to be rollin in money this week....
GBPJPY 4hr BEOB breaking the consolidation support trendline as we speak, bar closes in 9 minutes....
- #52,347
- Jan 21, 2010 10:06am Jan 21, 2010 10:06am
- | Joined Feb 2008 | Status: FOREX - 10% skills, 90% psychology | 1,000 Posts
raczekfx made a very interesting suggestion and i would be more than interested in forming a group of friends based on his suggestions.........interested.....let me know...........i trade 4-HR, Daily and Weekly but mainly Daily...cheers
BDW, even said it was bias bearish on GJ. Its really in the middle of traffic. I wont take any risk on this. Good luck guys.
- #52,350
- Jan 21, 2010 10:15am Jan 21, 2010 10:15am
- Joined Feb 2009 | Status: Commercial Member <- Don't trust me | 2,976 Posts
only on GJ - #52,353
- Jan 21, 2010 10:23am Jan 21, 2010 10:23am
ehrek - where would you put TP1 nad TP2 ?
I think:
TP1 - 146,60
TP2 - 145,00
TP3 - if go under 145,00 use trailing stop or some other stuff.
90.78 was my Target profit..
hit, and bounce. closed trades, lookn for more possible short entries if breached.
KK007, No problem
nothing fancy, just a simple few lines and price action.
lowest draw down possible please.
- #52,354
- Jan 21, 2010 10:27am Jan 21, 2010 10:27am
- | Joined Sep 2009 | Status: Making Money > Being "Right" | 1,811 Posts
line alerter set on the turquoise T/L.... I will sleep with my ears open
- - - Result - - -
Many choose unhappiness over uncertainty.
Hehe, that was usd/jpy, wasn't trading the geppy.
90.78 was my Target profit..
hit, and bounce. closed trades, lookn for more possible short entries if breached.
KK007, No problem
- #52,357
- Jan 21, 2010 10:33am Jan 21, 2010 10:33am
Well, my line alerter went off last night at 2AM on the turquoise trendline, and I looked at the chart... and passed on the touch trade... I was already short GBPCHF, so shorting on EURCHF wouldn't be good for risk. I just passed on the trade and went back to sleep.
- - - Result - - -
Don't you hate those? 
lowest draw down possible please.
- #52,358
- Jan 21, 2010 10:36am Jan 21, 2010 10:36am
- | Joined Sep 2009 | Status: Making Money > Being "Right" | 1,811 Posts
Many choose unhappiness over uncertainty.
- #52,359
- Jan 21, 2010 10:40am Jan 21, 2010 10:40am
- | Joined Sep 2009 | Status: Making Money > Being "Right" | 1,811 Posts
Many choose unhappiness over uncertainty.
