Sam, thank you so much!!!!! Incredible!!!
- #3,092
- Edited 6:32pm Mar 26, 2012 6:16pm | Edited 6:32pm
- | Joined Oct 2011 | Status: Trader | 131 Posts
We have a D1 BUOB on cable giving us daily bias for tomorrow. I am looking to get long at the previous D1 S/R level 1.5928.
I also have an order to go long on EUR/USD off a retest of the 1.3285 level. It has 6 recent touches as resistance and also has fib confluence.
However I don't want to be in both simultaneously. If both look like getting triggered at a similar time I'll have to choose between the two. At present I think I prefer the Euro trade because the level is much much cleaner and the sheer number of consecutive touches as resistance. On the other hand the daily bias makes the cable trade very attractive too and gives it a much better R:R. We'll see if it comes to that.
I also have an order to go long on EUR/USD off a retest of the 1.3285 level. It has 6 recent touches as resistance and also has fib confluence.
However I don't want to be in both simultaneously. If both look like getting triggered at a similar time I'll have to choose between the two. At present I think I prefer the Euro trade because the level is much much cleaner and the sheer number of consecutive touches as resistance. On the other hand the daily bias makes the cable trade very attractive too and gives it a much better R:R. We'll see if it comes to that.
I currently have orders in to:
Sell AUD/USD at 1.0555
Buy EUR/USD at 1.3119.
The Aussie dollar trade came off nicely this morning - out at 1.0521 for 34 pips, or 1.4R after less than an hour and with a maximum drawdown of only 2 pips
Hello!
Anyone can talk with me about the webminar from Sunday?
I paid for it but I could not assist (Tom can confirm)
I have been following this thread for years and lost the webminar I was looking for since Januray
)
So any caritative soul out there ?
BLW
Anyone can talk with me about the webminar from Sunday?
I paid for it but I could not assist (Tom can confirm)
I have been following this thread for years and lost the webminar I was looking for since Januray
)So any caritative soul out there ?
BLW
Greetings, BeLikewater
Hey!
Tom was saying, that he is probably going to repeat the webinar this sunday.
Tom was saying, that he is probably going to repeat the webinar this sunday.
Hello!
Anyone can talk with me about the webminar from Sunday?
I paid for it but I could not assist (Tom can confirm)
I have been following this thread for years and lost the webminar I was looking for since Januray
So any caritative soul out there ?
BLW
- #3,099
- Edited 5:16pm Mar 27, 2012 4:33pm | Edited 5:16pm
- | Joined Oct 2011 | Status: Trader | 131 Posts
We have a D1 BUOB on cable giving us daily bias for tomorrow. I am looking to get long at the previous D1 S/R level 1.5928.
I also have an order to go long on EUR/USD off a retest of the 1.3285 level. It has 6 recent touches as resistance and also has fib confluence.
I am keeping my order in on Euro - this still looks very attractive to me.
The Aussie dollar trade came off nicely this morning - out at 1.0521 for 34 pips, or 1.4R after less than an hour and with a maximum drawdown of only 2 pips
I am still pleased with this trade on the Aussie, although looking back with hindsight it is difficult to not feel annoyed that I got out so early - price continued to collapse throughout the day and I could have more than doubled my profit. I do think that in time I will learn to not be so conservative with my profit taking, but for now, so long as I maintain a positive expectancy this is not something that I ought to change until I have a lot more data behind me.
