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  • #11,561
  • Feb 21, 2012 2:55am Feb 21, 2012 2:55am
Quoting huskyboy
tl break, retest, bullish divergence, long @ 3247 sl 3229
  • #11,562
  • Feb 21, 2012 2:57am Feb 21, 2012 2:57am
Quoting huskyboy
tl break, retest, bullish divergence, long @ 3247 sl 3229
Divided my position long from 3240 to 3255
  • #11,563
  • Feb 21, 2012 2:58am Feb 21, 2012 2:58am
Using the market's money is always good option

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  • #11,564
  • Feb 21, 2012 3:01am Feb 21, 2012 3:01am
Quoting T@rantula
Using the market's money is always good option

Attachment
Damn it , u r good
I was looking and expecting to see W shape when it was down
2 Persons and same thinking
  • #11,565
  • Feb 21, 2012 3:02am Feb 21, 2012 3:02am
exactly

Quoting T@rantula
So its basically, 3255 and 3232 the range. Price bias still bullish ofc.

The best option is to play range breakout.
  • #11,566
  • Feb 21, 2012 3:03am Feb 21, 2012 3:03am
Quoting T@rantula
Using the market's money is always good option

Attachment



i got my tp at 3314
  • #11,567
  • Feb 21, 2012 3:04am Feb 21, 2012 3:04am
Quoting egkid
Divided my position long from 3240 to 3255
  • #11,568
  • Feb 21, 2012 3:06am Feb 21, 2012 3:06am
for me starts now the most difficult part of trading, handling the trade i know what to look for to enter, need to study what to look for to excit
  • #11,569
  • Feb 21, 2012 3:17am Feb 21, 2012 3:17am
first test 3290
  • #11,570
  • Feb 21, 2012 3:18am Feb 21, 2012 3:18am
Quoting huskyboy
for me starts now the most difficult part of trading, handling the trade i know what to look for to enter, need to study what to look for to excit
It depends of your entry and your plan. Never trade w/o a plan. If your plan says that 35 pips equals to 1,5 % of daily profit you should exit.

Usually it goes 3280>3270>3290...

80s always reject the price which subsequently penetrates higher. 3305 should be touched.
  • #11,571
  • Feb 21, 2012 3:19am Feb 21, 2012 3:19am
Quoting huskyboy
for me starts now the most difficult part of trading, handling the trade i know what to look for to enter, need to study what to look for to excit
Hi huskyboy,

You are correct..exit is a the 3 crucial stage of your trade plan..
Options 1.3290 take of 1/3rd stop at break even
1.3315 take of 2/3rd moves top to tp 1
1.3360 take full profit.

This is all based on the bullish mommentum of the euro

Regards
Bw
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #11,572
  • Feb 21, 2012 3:28am Feb 21, 2012 3:28am
Quoting BlackWid0w
Hi huskyboy,

You are correct..exit is a the 3 crucial stage of your trade plan..
Options 1.3290 take of 1/3rd stop at break even
1.3315 take of 2/3rd moves top to tp 1
1.3360 take full profit.

Regards
Bw

W shape on 5 min play good
  • #11,573
  • Feb 21, 2012 3:29am Feb 21, 2012 3:29am
Quoting BlackWid0w
Hi huskyboy,

You are correct..exit is a the 3 crucial stage of your trade plan..
Options 1.3290 take of 1/3rd stop at break even
1.3315 take of 2/3rd moves top to tp 1
1.3360 take full profit.

This is all based on the bullish mommentum of the euro

Regards
Bw

Mr T and Mr BW, thanks and you are right, i really need to work on my excit-plan. I wont ask it no more to keep this thread clean, i have to do it on my own like all in trading but your advice is more than welcome

(for now i closed half @ 3270, rest BE)
  • #11,574
  • Feb 21, 2012 3:53am Feb 21, 2012 3:53am
Quoting huskyboy

(for now i closed half @ 3270, rest BE)
Good, u scaled out, thus securing your profits.

Price has retraced to 3260. We could have another swing in next 35 mins. Remember thou 3230 is interim support.
  • #11,575
  • Feb 21, 2012 4:02am Feb 21, 2012 4:02am
Quoting huskyboy
Mr T and Mr BW, thanks and you are right, i really need to work on my excit-plan. I wont ask it no more to keep this thread clean, i have to do it on my own like all in trading but your advice is more than welcome

(for now i closed half @ 3270, rest BE)
All members here on this thread are welcome to ask questions .
Your question is something that most traders struggle with.

You have expressed your question in the most appropriate way.

Well done on your trade
Regards
Bw
Be sensitive to subtle differences between 'intuition' and 'into wishing.
  • #11,576
  • Feb 21, 2012 4:07am Feb 21, 2012 4:07am
Quoting T@rantula
Good, u scaled out, thus securing your profits.

Price has retraced to 3260. We could have another swing in next 35 mins. Remember thou 3230 is interim support.
B cautious, this is probably big money selling.
  • #11,577
  • Feb 21, 2012 4:12am Feb 21, 2012 4:12am
Quoting T@rantula
B cautious, this is probably big money selling.
out BE. so now i am wondering where you guys stepped out, for me the signal was the break off the tl around 3274.
  • #11,578
  • Feb 21, 2012 4:16am Feb 21, 2012 4:16am
Quoting T@rantula
So its basically, 3255 and 3232 the range. Price bias still bullish ofc.

The best option is to play range breakout.
watchin the river setup and playing oanda nice 15 pips.
thanks again for sharing the river, nice and easy to handle
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  • #11,579
  • Feb 21, 2012 4:33am Feb 21, 2012 4:33am
Quoting huskyboy
out BE. so now i am wondering where you guys stepped out, for me the signal was the break off the tl around 3274.
3280 was the level for me.
Other part was stopped at BE 3255.

Flat at the moment.
  • #11,580
  • Feb 21, 2012 4:36am Feb 21, 2012 4:36am
Quoting MJurban
watchin the river setup and playing oanda nice 15 pips.
thanks again for sharing the river, nice and easy to handle
You are welcome Nice trade.
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