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Buildcity in 2011 ~ Trading Journal

  • #121
  • Mar 3, 2011 6:18am Mar 3, 2011 6:18am
Quoting Buildcity
Will see..
EJ -35

I got bit hurt on this trade!!
My SL was 20p but the price simply jumped over my sl and killed me 15 more.

Never trade in between the news, so many exciting things you never come across before.

Next trade!!
  • #122
  • Mar 3, 2011 6:46am Mar 3, 2011 6:46am
Quoting Buildcity
EJ -35

I got bit hurt on this trade!!
My SL was 20p but the price simply jumped over my sl and killed me 15 more.

Never trade in between the news, so many exciting things you never come across before.

Next trade!!
Not being killed more than 20+p for quite a long time. Stop trading tonight.
  • #123
  • Mar 3, 2011 7:14am Mar 3, 2011 7:14am
Don't worry City, your a pro, you will make 5 times as you lost the next trading session
  • #124
  • Mar 3, 2011 7:30am Mar 3, 2011 7:30am
Quoting Buildcity
One day I have to play like this, I just like his trade

http://www.youtube.com/watch?v=HncLC...layer_embedded
Since you have been reading my journal, you probably can guess my opinion on this trade. I don't think it was luck at all that you caught 140 pips.

Good post.
Be bullish on you.
  • #125
  • Edited 10:18pm Mar 3, 2011 10:02pm | Edited 10:18pm
lets see..

H1 chart

Cost me -9p, +7 didnt take
PS - exactly the price couldnt cross my minor resistance level at 1.6283
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  • #126
  • Mar 4, 2011 1:20am Mar 4, 2011 1:20am
Hope this work out
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  • #127
  • Mar 4, 2011 2:07am Mar 4, 2011 2:07am
Quoting Buildcity
Hope this work out
Horrible slow market. Quit with +8
  • #128
  • Mar 4, 2011 2:20am Mar 4, 2011 2:20am
The market really treats me well today. Right after I gave up, it moves

Anyway AJ should be watched out as the price approaches the top s/r level.
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  • #129
  • Mar 4, 2011 5:01am Mar 4, 2011 5:01am
Its Fri & big news
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  • #130
  • Mar 4, 2011 5:10am Mar 4, 2011 5:10am
Big Flag
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  • #131
  • Mar 4, 2011 5:48am Mar 4, 2011 5:48am
Break the strong s/r after the news
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  • #132
  • Mar 4, 2011 5:55am Mar 4, 2011 5:55am
another
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  • #133
  • Mar 4, 2011 6:49am Mar 4, 2011 6:49am
Break the major s/r level, quick scalp
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  • #134
  • Mar 4, 2011 7:12am Mar 4, 2011 7:12am
I'm scalping again
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  • #135
  • Edited 7:33pm Mar 4, 2011 8:59am | Edited 7:33pm
post to GJ's thread

http://www.forexfactory.com/showpost...&postcount=372

GJ's version, much higher profit, I like it!!
http://www.forexfactory.com/showpost...&postcount=376
  • #136
  • Edited 1:51am Mar 5, 2011 1:35am | Edited 1:51am
Preparation for Mon (7/3)

See if the price will break the level 1.626, 1st easy target at 1.622, 2nd target on 1.614, which is 618 fib and uptrend holding line.

Daily candle is an indecision bar, so we should wait to see the asian and london opening 1st.
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  • #137
  • Edited 3:13am Mar 5, 2011 3:02am | Edited 3:13am
Daily chart below, H4 second, H1 the third
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  • #138
  • Mar 5, 2011 3:04am Mar 5, 2011 3:04am
Quoting Buildcity
Daily chart below, H4 is coming
Nice analysis Eric. Great blog. Keep up the good work
  • #139
  • Mar 5, 2011 3:06am Mar 5, 2011 3:06am
Quoting Buildcity
Daily chart below, H4 is coming
It has been an interesting tussle between the bulls and the bears in the last few months on this pair and it certainly does look like the bulls are winning!
  • #140
  • Edited 3:36am Mar 5, 2011 3:17am | Edited 3:36am
Quoting bbakker
Nice analysis Eric. Great blog. Keep up the good work
Thank you, I'm learning to read the higher TF and longer term trades. You definitely are one of my learning target on how to play around the supply and demand zones. Look forward your posts in Rod's and Red's thread.

Happy week end mate.
Eric
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