GBP/USD : 2 trades open at 1.5521 and 1.5732.
No SL has been touched
No SL has been touched
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DislikedHere are the trades from the beginning of 2012 :
EUR/USD : 3 open trades at 1.2907, 1.3055 and 1.3184, no SL has been touchedIgnored
DislikedEUR/JPY : buy at 99.86, when price was 200 pips up, i have moved SL to BE.
SL touched at BE.
After a range period (5 EMA cross 3 times 50 EMA), i have wait for 15 candles before buying at 102.68.
Hope this can help !!Ignored
DislikedGBP/USD : 2 trades open at 1.5521 and 1.5732.
No SL has been touchedIgnored
DislikedI have 2 trades open for EUR/USD pair.... I lost the first trade for not following the rules.... with profit though....
I wanted to know about the GBP/USD pair specially.... It was promising and it seems that it wants to reverse.... at one point I had unrealized about $30 profit with a single microlot position... then I had another position with missing a valid long position... but with the S/L being hit.... realized gain is $6..... I'm just learning now.... is it normal scenario in forex trading or I've done anything wrong.... one thing... I haven't...Ignored
DislikedEUR/JPY : buy at 99.86, when price was 200 pips up, i have moved SL to BE.
SL touched at BE.
After a range period (5 EMA cross 3 times 50 EMA), i have wait for 15 candles before buying at 102.68.
Hope this can help !!Ignored
DislikedOk, I think, I've got my fault detected here.... as we learn from our mistakes... I want to share my mistake... Pls Zebulon... tell me I'm right or wrong here....
after missing a second trade at 1.5732, I entered a long again when the price touched the 50 EMA at 1.5792 which was not a valid entry point.... right?? for this my S/L at 1.5692 got a hit so did the S/L of first trade as it moved to same level.... so there is no position open for me here....
Zebulon, I'm still missing the entry points by about 30-40 pips.... what can I do for it????...Ignored
DislikedMy 15th candle closed at 102.82 and I missed the next candle by 21 pips.... I entered the position then.... for that I got caught the S/L..... so I think, as I missed the entry point, I shouldn't have entered into the trade.... right??Ignored
DislikedIf i had missed the entry at 1.5732, i would have entered at 1.5792 like you and i would have 100 pips loss with no regrets.
I'm also missing some entries. i place pending orders to avoid it...Ignored
DislikedYes, if i miss an entry, i wait for the price comming back to my entry point, i don't buy at a higher level.
Or i'm waiting for a new entry...Ignored
DislikedOk, I got it... thanks....another question.... you've told that.... you wait for the price coming back to entry point or for a new entry.... about coming back to the entry point.... do you enter into the trade when price come right up to the level of entry point by a pending order or what??Ignored
DislikedHi friends. I took a long in GBP/USD at 1.5731, so the stop is placed at 1.5631. If the current bar close below 1.5673 (100 pips below the 50 sma), should I close the long and open a short?
Thanks for your work Zebulon.Ignored
DislikedNo, i let the SL at 1.5631. I will not go short if my SL is not touched.Ignored