out at b/e on short did as suspected long at 1.3502 to top
Well managed trade. A break even is way better than a loss.
A51
trading801's Koala Forex Articles and EUR/USD views
- #7,042
- Feb 19, 2010 6:16am Feb 19, 2010 6:16am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
- #7,043
- Feb 19, 2010 6:20am Feb 19, 2010 6:20am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
What is the concensus now are we going back to close the gap down from 1.36?? or back down
- #7,044
- Feb 19, 2010 6:25am Feb 19, 2010 6:25am
like you did thoiugh a profit is better than break even!!
More luck than a good trade. I was actually in the process of moving my TP to plus a few pips when my TP was hit.
I was annoyed that it did not execute so I made a snap decision to close it.
I think that a break even trade shows maturity in your trading.
If you can accept such outcomes then you are managing your trades in a professional manner.
Anyway mine was DEMO and demoing has always been easy. No Risk!!!
But it is good practice and screen time which helps in the long run.
A51
- #7,045
- Feb 19, 2010 6:28am Feb 19, 2010 6:28am
What is the concensus now are we going back to close the gap down from 1.36?? or back down
Hey Francis
Gap?
I don't see one on my feed.
As for direction. I would be watching price action so it's wait and see where the bars close.
Addition to that. I'll take the punt and say up with the first area of concern at 1.35300
A51
- #7,047
- Feb 19, 2010 6:37am Feb 19, 2010 6:37am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
- #7,048
- Feb 19, 2010 6:43am Feb 19, 2010 6:43am
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
No i am not sleep
I look the chart and await for good place for trade
on the other hand look the price and in my mind draw and test the simply entry and exit without indicator, only whit action price, I do know how
but I look for find this strategy
I look the chart and await for good place for trade
on the other hand look the price and in my mind draw and test the simply entry and exit without indicator, only whit action price, I do know how
but I look for find this strategy Masoud my friend!
Hope you are not asleep at the screen.
You have gone quite?
A51
We are here to help each other... We Learn Forex Together!
- #7,049
- Feb 19, 2010 6:47am Feb 19, 2010 6:47am
No sorry A51 I didnt mean gap as in gap but as in previous area of support that hasnt yet become resistance if you look at H1 the price gapped down without retracing to test support from 1.36 area WMD thread explains it all the general gist is is that all gaps are filled at some point if not straight away If you look on H1 wherever price has dropped fast without a retrace price always comes back to test that area in the future
Francis
Got it.
First resistance 1.35300
As for direction. This pair has had a reasonable fall without much in the way of retrace. Long term I think we go South as I believe the Euro is being dumped. But a reasonable retrace is possible if not probable.
Then again I don't know what I'm even talking about.
So please do not take any of this as advice. It's only my opinion and I don't even trade based on my bias. I trade the price action.A51
- #7,050
- Feb 19, 2010 6:49am Feb 19, 2010 6:49am
No i am not sleep
I look the chart and await for good place for trade
on the other hand look the price and in my mind draw and test the simply entry and exit without indicator, only whit action price, I do know how
Stay with it my Friend.
I know you are dedicated and I know you will master this.
I wish you only green pips.
A51
- #7,051
- Feb 19, 2010 6:54am Feb 19, 2010 6:54am
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
Thank you my friend
I hope you too
I hope you too
Stay with it my Friend.
I know you are dedicated and I know you will master this.
I wish you only green pips.
A51
We are here to help each other... We Learn Forex Together!
- #7,052
- Feb 19, 2010 7:15am Feb 19, 2010 7:15am
- | Joined Apr 2009 | Status: Trader | 3,351 Posts
Ok I am off for few hour, I will back, All koalas trade safe.
BTW: Hi forex4pty, I hope you are green
BTW: Hi forex4pty, I hope you are green
We are here to help each other... We Learn Forex Together!
- #7,053
- Feb 19, 2010 7:16am Feb 19, 2010 7:16am
- | Joined Aug 2009 | Status: Nothing to say | 1,701 Posts
Hello Koalas, hidden Koalas, lost Koalas, and visitors 
Oh yesterday what a drop, it was so nice to profit there, it was like easy money Im prepared to profit today too, lets see how much money this market wants to give me, I read about GBP is way screwed than euro as some news stated, I will watch gu today instead of eu, I think there is a great opportunity there.
See you later guys, time to collect green pips
Let me wear the Risky Koala costume.
Oh yesterday what a drop, it was so nice to profit there, it was like easy money
Im prepared to profit today too, lets see how much money this market wants to give me, I read about GBP is way screwed than euro as some news stated, I will watch gu today instead of eu, I think there is a great opportunity there.See you later guys, time to collect green pips
Let me wear the Risky Koala costume.
- #7,054
- Feb 19, 2010 7:17am Feb 19, 2010 7:17am
Ok I am off for few hour, I will back, All koalas trade safe.
BTW: Hi forex4pty, I hope you are green
Good night Masoud.
I will be gone by the time you return as It's Friday and soon bed for me.
Trade safe my friend.
A51
- #7,055
- Feb 19, 2010 7:19am Feb 19, 2010 7:19am
Hello Koalas, hidden Koalas, lost Koalas, and visitors
Oh yesterday what a drop, it was so nice to profit there, it was like easy money Im prepared to profit today too, lets see how much money this market wants to give me, I read about GBP is way screwed than euro as some news stated, I will watch gu today instead of eu, I think there is a great opportunity there.
See you later guys, time to collect green pips
Let me wear the Risky Koala costume.
Now Now RK (Risky Koala)
You take it easy Brother. We want to see only green pips.
Also Don't believe everything you read.
That includes what I just wrote.
Trade safe my friend.
A51
- #7,057
- Feb 19, 2010 7:55am Feb 19, 2010 7:55am
- | Joined Aug 2009 | Status: Nothing to say | 1,701 Posts
Now Now RK (Risky Koala)
You take it easy Brother. We want to see only green pips.
Also Don't believe everything you read.
That includes what I just wrote.
Trade safe my friend.
A51
- #7,059
- Feb 19, 2010 8:39am Feb 19, 2010 8:39am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts