- #605
- May 9, 2010 10:16pm May 9, 2010 10:16pm
- | Commercial User | Joined Feb 2009 | 5,030 Posts
Old lower channel TL, Retest?
- #606
- May 10, 2010 12:31am May 10, 2010 12:31am
- | Commercial User | Joined Feb 2009 | 5,030 Posts
Stolen post #1230 
Here are a few possible scenarios. They are longer term, and not valid at the time of this posting. I'll try and get some more up but I'm looking to short a bunch of the JPY pairs and I'm watching them closely 
Every time you use 'hopium' in a post, God kills a kitten.
Already out, I expect some bounce at the close of the gap. I'll reenter at higher level. Careful with bullish momentum when that happend.
Missing Panama already?
Every time you use 'hopium' in a post, God kills a kitten.
- #614
- May 10, 2010 10:31am May 10, 2010 10:31am
- | Commercial User | Joined Feb 2009 | 5,030 Posts
I am back in Panama for the next few weeks, packing and shipping things to Sweden. I will definitely miss it. I won't miss getting up @ 1AM to trade though
Good luck.
I forgot to post these yesterday, but I've obviously entered the trades. Anyone who is reading this thread can see why I entered each trade. All just basic S/R, channels, and breakouts.
Here's my current open trades:
EDIT: That's a screenshot of 6 screens so maybe it's harder than I'd thought
EDIT 2: I thought I'd also add that with these trades I'm risking 7.3% to make 50%. I do like the risk to reward of this trading style. I used to trade this way, but I gave it up to trade a mechanical system (meaning I got lazy) as I've mentioned before, but the stops were far away enough that I could have never done this. 10-15% a month is good, no doubt and that's what I made for the past few years. I did have some 100% months back in 2008 when the market was coming apart but I'm shattering all of my old stats now. Again, thanks TLC!
Here's my current open trades:
EDIT: That's a screenshot of 6 screens so maybe it's harder than I'd thought
EDIT 2: I thought I'd also add that with these trades I'm risking 7.3% to make 50%. I do like the risk to reward of this trading style. I used to trade this way, but I gave it up to trade a mechanical system (meaning I got lazy) as I've mentioned before, but the stops were far away enough that I could have never done this. 10-15% a month is good, no doubt and that's what I made for the past few years. I did have some 100% months back in 2008 when the market was coming apart but I'm shattering all of my old stats now. Again, thanks TLC!
Every time you use 'hopium' in a post, God kills a kitten.
- #620
- May 12, 2010 9:19am May 12, 2010 9:19am
- | Commercial User | Joined Feb 2009 | 5,030 Posts
I'm looking to enter at retest.
