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Attachments: Bounce 'N' Break
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Bounce 'N' Break

  • #461
  • Aug 6, 2012 2:05am Aug 6, 2012 2:05am
Quoting Dayboy001
EUR added @ 1.2365
sl?
  • #462
  • Aug 6, 2012 2:06am Aug 6, 2012 2:06am
Quoting Dayboy001
EUR added @ 1.2365

looking good
Loosening is not an option
  • #463
  • Aug 6, 2012 2:09am Aug 6, 2012 2:09am
Quoting mian_miansab
sl?
1.2350 for both

15 pips below
  • #464
  • Aug 6, 2012 2:12am Aug 6, 2012 2:12am
Quoting Dayboy001
1.2350 for both

15 pips below
Much below this blue box and we don't want to be in !!

Attached Image (click to enlarge)
Click to Enlarge Name: eur1hr.gif Size: 16 KB
  • #465
  • Aug 6, 2012 2:18am Aug 6, 2012 2:18am
Quoting Dayboy001
Much below this blue box and we don't want to be in !!

Attachment
thanks for posting the chart.
  • #466
  • Aug 6, 2012 2:21am Aug 6, 2012 2:21am
Quoting mian_miansab
thanks for posting the chart.
do we need to change Eur SL?
  • #467
  • Aug 6, 2012 2:24am Aug 6, 2012 2:24am
Quoting mian_miansab
do we need to change Eur SL?
Choice is yours,

but if you start changing stop losses on losing trades where does it end?

have confidence in what you do !!
  • #468
  • Aug 6, 2012 2:28am Aug 6, 2012 2:28am
Quoting mian_miansab
do we need to change Eur SL?
GBP has stayed solid which gives us some confidence (small amount).

unless you have major reason like news, I would advise against moving stop losses.

I would rather add another position with only 5 pip SL then move SL for all of them.


1 thing you need to accept in forex trading to survive is we are not always right.

we accept and move on, if we keep moving SL we might not be there to make future trades.
  • #469
  • Aug 6, 2012 2:28am Aug 6, 2012 2:28am
Quoting Dayboy001
Choice is yours,

but if you start changing stop losses on losing trades where does it end?

have confidence in what you do !!
yes .... i thing same....but do i need to add a new long position in GBP?
  • #470
  • Aug 6, 2012 2:32am Aug 6, 2012 2:32am
Quoting mian_miansab
yes .... i thing same....but do i need to add a new long position in GBP?
If you could have got price of 1.2355 I might have said yes but we are currently only a couple of pips down from our last position.
  • #471
  • Aug 6, 2012 2:36am Aug 6, 2012 2:36am
Quoting Dayboy001
taken long @

1.2378

1.5612
GBP added @ 1.5600

stop @ 1.5585

15 pips stop
  • #472
  • Aug 6, 2012 2:45am Aug 6, 2012 2:45am
Quoting Dayboy001
GBP added @ 1.5600

stop @ 1.5585

15 pips stop
If you took 1.2355 then good for you.

I didn't as GBP was dropping at the time also.

hopefully are SL positions will prove correct!
  • #473
  • Aug 6, 2012 2:46am Aug 6, 2012 2:46am
Quoting Dayboy001
GBP added @ 1.5600

stop @ 1.5585

15 pips stop
good bull back to upward....
  • #474
  • Aug 6, 2012 2:48am Aug 6, 2012 2:48am
Quoting Dayboy001
If you took 1.2355 then good for you.

I didn't as GBP was dropping at the time also.

hopefully are SL positions will prove correct!

in my opinion we need to wait and see a bit, no rush
Loosening is not an option
  • #475
  • Aug 6, 2012 2:50am Aug 6, 2012 2:50am
Quoting Vilkas
in my opinion we need to wait and see a bit, no rush
exactly, no rush just thought mian_miansab might have added at that point.
  • #476
  • Aug 6, 2012 2:52am Aug 6, 2012 2:52am
Quoting Dayboy001
exactly, no rush just thought mian_miansab might have added at that point.
i m in demo so i add in GPB @ 1.5596
  • #477
  • Aug 6, 2012 3:00am Aug 6, 2012 3:00am
having already had a low of 1.23507

I believe it would be stupid to leave it @ 1.2350

but note I am only moving it 3 pips.
  • #478
  • Aug 6, 2012 3:17am Aug 6, 2012 3:17am
closed @

EUR = 1.2347
GBP = 1.5585

1.2378 = -31

1.5612 = -27

EUR added @ 1.2365 = - 18

GBP added @ 1.5600 = - 15

IT HAPPENS !!

Total = - 91
  • #479
  • Aug 6, 2012 3:18am Aug 6, 2012 3:18am
Quoting Dayboy001
closed @

EUR = 1.2347
GBP = 1.5585

1.2378 = -31

1.5612 = -27

EUR added @ 1.2365 = - 18

GBP added @ 1.5600 = - 15

IT HAPPENS !!

Total = - 91
dont worry i happends sometimes
  • #480
  • Aug 6, 2012 3:18am Aug 6, 2012 3:18am
Long @

1.5570
1.2345

15 pips SL each
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