EURUSD

My chart is very similar....

I stil holding long first stop 412x - next stop, after upward

Not so sure about that. A shakeout is expected and is actually overdue....

The market may just do that..at least until tomorrow. Check the calendar for Wed....so many important news including that WEF annual meeting and whether Bernanke stays or not.

The triangle effects was not much & rejected down further but I was unable to take my longs at the bottom due busy .Any way let go away from it again & will start long again perhaps.started .
fontu

oh i hope you making looooooooooooooots o money but as everybody are thinking eur will tank and goes 1.38 or 1.375 be very careful at 1.3980 i think this is it for bears and bulls will take over . thats only my view and i m only a pizza man from lincolnshire

Yea i have 3965-55 as crucial area....not till about feb 2

shifted to scalping mode & so close long at 1.4093 & shorted for 1.4083/75/68 again.
fontu

Out +40, now looking to go full short.

i think that is premature, wait for 4120

30m

yes its good luck

Expecting bull set up at the top , this way.
fontu

hi, can u tell the name of this indi?

Hi guys,

would really appreciate your feedback on this:

many times i have some 40 or 50 pips profit to take, blink my eyes and it goes to SL. eventually i am at breakeven at that point but still feels like i am throwing money out the window. so you say: set TP to 40 pips, dumbass! but in that case i miss out some very interesting moves when the move goes past those 40 or 50. should i stick to this approach (let profits roll) i should use a smaller TP?

thanks for your input.

hapipipin to u all

thinking of loading a short right now.

Who thinks it will bounce off the cliff and head for 1.38 by tomorrow, rather than close above 1.41 and head for 1.42?

Doublebottom 4H?

Not sure if this will help......

I had the same results and would get frustrated that I would see a 40 to 50 pip..sometimes 80 pip move turn into a zero or +1 pip trade because I watied for the 100 TP area to close.

I learned this strategy on algsnotes.blogspot.com. He teaches how to use good money management and how to take a portion of the trade off when you reach 40 pips, 70 pips and so on......he taught me to put on a position to where I could break it down in 1/4's.

After price reaches lets say 20 to 25 pips...move your stop to B/E +1 and then after 40....take a quarter off....

Alg says, "Take some profit at 40 and 70-100 pips. Never close all trade 100%
Do not risk more 3% of your account Balance."

This way you are making money and not losing all pips gained and minimizing your loss or risk!

Hope this helps! It helps me.

Bull is strong enough , not retracing much & so shorters should be carefull.
fontu

What Is Your Idea About 1.4565 !?