Took a long position just now 
EUR/USD 5minutes demand level.
But just gained a small profit, 18pips.
EUR/USD 5minutes demand level.
But just gained a small profit, 18pips.
- #1,462
- Dec 2, 2011 8:55am Dec 2, 2011 8:55am
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
i will try this one AUD/USD m5
- #1,463
- Dec 2, 2011 9:17am Dec 2, 2011 9:17am
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
not sure about this one USD/CHF
...the level is not fresh, so SL very tight
...the level is not fresh, so SL very tight 
Did anyone here draw this level also? It's a 4 hour AUD/USD.
- #1,465
- Dec 2, 2011 9:36am Dec 2, 2011 9:36am
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
- #1,466
- Dec 2, 2011 9:36am Dec 2, 2011 9:36am
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
- #1,467
- Dec 2, 2011 11:34am Dec 2, 2011 11:34am
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
closed on BE...anyway, no loss
- #1,468
- Dec 2, 2011 11:36am Dec 2, 2011 11:36am
- #1,469
- Dec 2, 2011 2:04pm Dec 2, 2011 2:04pm
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
how come you don't consider this fresh? Too much background?
...but i made it better on the second one 
see chart...my first entry was a really bad one
Attachment
But I also took the earlier position that you post. Get stop out
see chart...my first entry was a really bad one
Attachment
if you got stopped out @ 4, which was more likely. Just set a buy to trade the breakout , this would cover your loss.
learn to manage and trade breakouts,pullbacks as well as reversals.
Don't just look for reversals.
See attached charts.
- #1,472
- Dec 3, 2011 10:44am Dec 3, 2011 10:44am
- Joined Feb 2009 | Status: Illegitimi non carborundum | 3,526 Posts
Illegitimi non carborundum - Noli pati a scelestis opprimi.
- #1,473
- Dec 4, 2011 12:50pm Dec 4, 2011 12:50pm
- Joined Nov 2008 | Status: Trade Inspiration Not Despiration . | 4,827 Posts
Good Trading To All ; Ken Lee
- #1,474
- Dec 4, 2011 1:35pm Dec 4, 2011 1:35pm
- Joined Nov 2008 | Status: Trade Inspiration Not Despiration . | 4,827 Posts
Good Trading To All ; Ken Lee
- #1,476
- Dec 4, 2011 3:25pm Dec 4, 2011 3:25pm
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
Bullzeye, no need to worry.
if you got stopped out @ 4, which was more likely. Just set a buy to trade the breakout , this would cover your loss.
learn to manage and trade breakouts,pullbacks as well as reversals.
Don't just look for reversals.
See attached charts.
... well, this make sense. I have a lot to learn - #1,477
- Dec 4, 2011 3:27pm Dec 4, 2011 3:27pm
- Joined Oct 2010 | Status: full time beer drinker | 1,345 Posts
just wondering ?
i love your explanations in the charts, its always an eye opener
Keep up the good work!
- #1,478
- Dec 5, 2011 12:21am Dec 5, 2011 12:21am
Kenneth,
first of all - huge thank you to all your help and this thread and every post and pdfs i think you do great job, really.
i have a request to you. i would really apreciate your answer.
i believe most of your readers and s/d levels users understand the idea of the entrance of the trade - could you please write some words about the exit? i mean how you define TP and if you decide to close the trade earlier - why and where?
thank you in advance
first of all - huge thank you to all your help and this thread and every post and pdfs
i think you do great job, really.i have a request to you. i would really apreciate your answer.
i believe most of your readers and s/d levels users understand the idea of the entrance of the trade - could you please write some words about the exit? i mean how you define TP and if you decide to close the trade earlier - why and where?
thank you in advance
