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Trades based on Market Geometry and Price Action

  • #2,081
  • Jul 13, 2011 11:18am Jul 13, 2011 11:18am
im pocketing crazy pips for now. will find a new entry later. btw, i am having a retracement in mind which would last till friday. but at this rate, i tink it gonna break out of the retracement more likely by friday. will see the market again tomorrow. and thanks EVERYONE for the retracement signal given yesterday !!! or i would have been down with more loss yesterday.
  • #2,082
  • Jul 13, 2011 12:31pm Jul 13, 2011 12:31pm
Well Kas, you're probably stopped out. CHFJPY is a crazy pair. It doesn't listen to you nor me. Sorry man
  • #2,083
  • Jul 13, 2011 12:34pm Jul 13, 2011 12:34pm
hit a couple targets on nz us, but also lost 2 on ch jp and another on gb ca, over all not much change in my balance...holding 3 positions on au nz short, lookn for 128087
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  • #2,084
  • Jul 13, 2011 12:38pm Jul 13, 2011 12:38pm
that us ch trade i missed would have me at breakeven for the day...hopefully au nz trades make it
  • #2,085
  • Jul 13, 2011 12:42pm Jul 13, 2011 12:42pm
Quoting sugarbelly
Well Kas, you're probably stopped out. CHFJPY is a crazy pair. It doesn't listen to you nor me. Sorry man
im only looking for 50% accuracy, so i may be wrong half the time but i trade 2 to 1 reward to risk so i can still clean up...trying to find a way to trade 2 to 1 and have higher then 50% accuracy
  • #2,086
  • Jul 13, 2011 4:21pm Jul 13, 2011 4:21pm
ok so i think my broker is messing with me, dont know what just happened...au nz should be hitting profits but my trades all closed out in expense, very strange...that just really screwed things up
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  • #2,087
  • Jul 13, 2011 4:34pm Jul 13, 2011 4:34pm
Quoting Kas1
ok so i think my broker is messing with me, dont know what just happened...au nz should be hitting profits but my trades all closed out in expense, very strange...that just really screwed things up
What just happened (right at 5 PM Eastern Time USA) was that Moody's put USA debt Aaa rating on downgrade review because of "small but rising" risk that USA debt ceiling won't be raised in time and US could default on some debt payments.

Sometimes news matters, at least for a while. It will be interesting to see what the Chinese do in response.
  • #2,088
  • Jul 13, 2011 4:37pm Jul 13, 2011 4:37pm
Quoting Kas1
ok so i think my broker is messing with me, dont know what just happened...au nz should be hitting profits but my trades all closed out in expense, very strange...that just really screwed things up
lol price never came anywhere near where my stop was placed
  • #2,089
  • Jul 13, 2011 4:37pm Jul 13, 2011 4:37pm
somethin fishy going on im telln ya
  • #2,090
  • Jul 13, 2011 5:08pm Jul 13, 2011 5:08pm
Quoting Kas1
somethin fishy going on im telln ya
not impressedshouldnt of been stopped out, no logical reason why i was
  • #2,091
  • Jul 13, 2011 5:08pm Jul 13, 2011 5:08pm
some brokers are bad..
  • #2,092
  • Jul 13, 2011 5:10pm Jul 13, 2011 5:10pm
buy eur/gbp at 88.20 sl=88.53 tp1=88.50 tp2=89.00
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  • #2,093
  • Jul 13, 2011 5:10pm Jul 13, 2011 5:10pm
Quoting dailyking
some brokers are bad..
what broker do you use? have you ever had any problems like that?
  • #2,094
  • Jul 13, 2011 5:12pm Jul 13, 2011 5:12pm
i know once, they pissed me like that... but it was in a period of news released, and the spread climbed widely...i use fxcm and oanda
  • #2,095
  • Jul 13, 2011 5:24pm Jul 13, 2011 5:24pm
Quoting dailyking
i know once, they pissed me like that... but it was in a period of news released, and the spread climbed widely...i use fxcm and oanda
i can understand the spread widening, but the trades were about to hit my target and my stop was about 200pips away from that, no reason they should of been taken out at the exact amount i had my stops at...im going to email them and see what they have to say...not trading with them if its going to happen all the time
  • #2,096
  • Jul 13, 2011 5:26pm Jul 13, 2011 5:26pm
which broker is that ?
  • #2,097
  • Jul 13, 2011 5:46pm Jul 13, 2011 5:46pm
Quoting dailyking
which broker is that ?
alpari uk
  • #2,098
  • Jul 13, 2011 5:54pm Jul 13, 2011 5:54pm
ok i see..try to send them an e mail for more explanation.....
  • #2,099
  • Jul 13, 2011 6:34pm Jul 13, 2011 6:34pm
Quoting dailyking
ok i see..try to send them an e mail for more explanation.....
yeh, sorry to clutter your thread with my problems
  • #2,100
  • Jul 13, 2011 6:36pm Jul 13, 2011 6:36pm
it doesn't matter...we are all helping others...
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