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  • #676,381
  • Aug 7, 2012 1:49am Aug 7, 2012 1:49am
Quoting BlueGas
I was short also yesterday @ 2423, but took profit 2385, now waiting for 2367, for pos long
why 2367 ? 61.8% of 1st move down yesterday ??
  • #676,382
  • Aug 7, 2012 1:50am Aug 7, 2012 1:50am
and i'm fucking long @ 2418,waiting for 2450
Sometimes it's better to be wrong,to learn..
  • #676,383
  • Aug 7, 2012 1:51am Aug 7, 2012 1:51am
Quoting BlueGas
I was short also yesterday @ 2423, but took profit 2385, now waiting for 2367, for pos long,agreed, dont be stupborn

I see, nice trade down -

so will you just be long at 670 or will you look for confirmation first?
if the latter what will you use?
  • #676,384
  • Aug 7, 2012 1:53am Aug 7, 2012 1:53am
Quoting KiNgEdwarD
and i'm ******* long @ 2418,waiting for 2450

no need for the language chap you should amend your post

what was your trade plan SL ?
  • #676,385
  • Aug 7, 2012 1:55am Aug 7, 2012 1:55am
Quoting MaxDoom
I see, nice trade down -

so will you just be long at 670 or will you look for confirmation first?
if the latter what will you use?
Im gonna watch action at that level, the faster we get there the better it is, then i just wait confirmation,gonna try with small stops, and try to get free one, basically i will enter by feeling around that level,edit..of course, IF we get there
  • #676,386
  • Aug 7, 2012 2:03am Aug 7, 2012 2:03am
Quoting MaxDoom
no need for the language chap you should amend your post

what was your trade plan SL ?
sl yesterday low 2341 tp 2450
Sometimes it's better to be wrong,to learn..
  • #676,387
  • Aug 7, 2012 2:03am Aug 7, 2012 2:03am
"If you don't know where you are , probably you are in the forth correction .."
Bill Williams
"It's the Margin, Stupid."
  • #676,388
  • Aug 7, 2012 2:06am Aug 7, 2012 2:06am
Morning all,

posted in trading journal

Short @

EUR = 1.2385
GBP = 1.5568
GBP = 1.5582 (added)
  • #676,389
  • Aug 7, 2012 2:06am Aug 7, 2012 2:06am
Quoting BlueGas
Im gonna watch action at that level, the faster we get there the better it is, then i just wait confirmation,gonna try with small stops, and try to get free one, basically i will enter by feeling around that level,edit..of course, IF we get there
I also may long this level. One of the few times I will long E/U for more than a scalp, still a tight stop on it though if I do.
Be hopeful in a winning position, and fearful in a losing position.
  • #676,390
  • Aug 7, 2012 2:06am Aug 7, 2012 2:06am
Quoting MaxDoom
I see, nice trade down -

so will you just be long at 670 or will you look for confirmation first?
if the latter what will you use?
Quite possible is also that we will make a new week low, loads of stops behind 2340, i also see posibility right down to 2225
  • #676,391
  • Aug 7, 2012 2:11am Aug 7, 2012 2:11am
think well getting moving down after italy's gdp announcement in 2 hours
  • #676,392
  • Aug 7, 2012 2:14am Aug 7, 2012 2:14am
pivot crossed,we are up now towards 2420 i guess
Sometimes it's better to be wrong,to learn..
  • #676,393
  • Aug 7, 2012 2:14am Aug 7, 2012 2:14am
Quoting KiNgEdwarD
sl yesterday low 2341 tp 2450

so

risk was 2218 - 2341 = 77 pips
reward was 2250 - 2218 = 32 pips

that's not a good plan chap. We have discussed a couple of times about buying at the high end of moves you need to curb the habit and look at your RR ratio which is going to kill your account especially as you have a habit of buying high.

edit: right now it looks like you might get a lucky break on this trade gl
  • #676,394
  • Aug 7, 2012 2:14am Aug 7, 2012 2:14am
am long , already +10 , waiting for 2454
  • #676,395
  • Aug 7, 2012 2:16am Aug 7, 2012 2:16am
Quoting GnarlyPips
I'm having a little trouble finding a good entry. Would like to before it moves. I'm thinking it has a little over an hour left, but it could happen any moment.

Where is price at now? Up. I see a pinbar on top of the hill, though.

Edit: if you go to the post, you'll see the chart.
http://www.forexfactory.com/showthre...52#post5908452
Play the players, not the cards.
  • #676,396
  • Aug 7, 2012 2:19am Aug 7, 2012 2:19am
2407 is probably toast 2416/17 after that
Be hopeful in a winning position, and fearful in a losing position.
  • #676,397
  • Aug 7, 2012 2:19am Aug 7, 2012 2:19am
Is she going to test the recent high?
"Men who can both be right and sit tight are uncommon."
  • #676,398
  • Aug 7, 2012 2:20am Aug 7, 2012 2:20am
Quoting MaxDoom
so

risk was 2218 - 2341 = 77 pips
reward was 2250 - 2218 = 32 pips

that's not a good plan chap. We have discussed a couple of times about buying at the high end of moves you need to curb the habit and look at your RR ratio which is going to kill your account especially as you have a habit of buying high.

edit: right now it looks like you might get a lucky break on this trade gl
i wish if i can vanish tha f*****g habit ,where i should sell.i buy there,wtf
Sometimes it's better to be wrong,to learn..
  • #676,399
  • Aug 7, 2012 2:23am Aug 7, 2012 2:23am
You know, I have a funny feeling price will climb as high as 1.425. Not any time soon, though.
Play the players, not the cards.
  • #676,400
  • Aug 7, 2012 2:25am Aug 7, 2012 2:25am
I decide to sell at 124x
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