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Trading EURUSD only

  • #561
  • Oct 11, 2012 5:28am Oct 11, 2012 5:28am
exit -5
MFE 6

Quoting stevewalker
short @ 2888

tight SL
  • #562
  • Oct 11, 2012 5:39am Oct 11, 2012 5:39am
a pullback trade did not work.
no worries.

took the high RR side.

Quoting stevewalker
exit -5
MFE 6
  • #563
  • Oct 11, 2012 5:41am Oct 11, 2012 5:41am
2930 is upper channel @ 4 H

expecting a touch there

that may give another short opp.

I can not trade long at the momnet due I had missed the opp to enter from DIP.
so trading long will give very risky RR ratio.
  • #564
  • Oct 11, 2012 5:43am Oct 11, 2012 5:43am
Quoting Kajos2250
Add an other short, maybe it wont be double bottom.
Later place all SL above neckline...
all SL set 2934
Anything is math!
  • #565
  • Oct 11, 2012 5:44am Oct 11, 2012 5:44am
I will keep testing levels for shorts with tight SL

& wait for opp to enter long with a pullback if also smaller timeframes confirm

Quoting stevewalker
2930 is upper channel @ 4 H

expecting a touch there

that may give another short opp.

I can not trade long at the momnet due I had missed the opp to enter from DIP.
so trading long will give very risky RR ratio.
  • #566
  • Oct 11, 2012 5:45am Oct 11, 2012 5:45am
+4 pips of upper channel is smart
due to price distortion

Quoting Kajos2250
all SL set 2934
  • #567
  • Oct 11, 2012 5:52am Oct 11, 2012 5:52am
Quoting stevewalker
you are not the only one.
no worries

jump tp demo.
get your confident back
then live again.

smart traders do it that way.
thanks again. will do
  • #568
  • Oct 11, 2012 5:52am Oct 11, 2012 5:52am

Quoting desolar
thanks again. will do
  • #569
  • Oct 11, 2012 5:53am Oct 11, 2012 5:53am
Quoting stevewalker
+4 pips of upper channel is smart
due to price distortion
do you mean it is sure will be hit?
Anything is math!
  • #570
  • Oct 11, 2012 5:54am Oct 11, 2012 5:54am
always remeber

% 95 of forex traders loose

so we are trying to be in that tight %5 section

it is not easy.
  • #571
  • Oct 11, 2012 5:55am Oct 11, 2012 5:55am
2930 is most probably

& I will short

Quoting Kajos2250
do you mean it is sure will be hit?
  • #572
  • Oct 11, 2012 5:55am Oct 11, 2012 5:55am
not much left

Quoting stevewalker
2930 is most probably

& I will short
  • #573
  • Oct 11, 2012 5:57am Oct 11, 2012 5:57am
I´m on the long side, still bullish.

Trailing stop 5pips
Attached Image (click to enlarge)
Click to Enlarge Name: 133.JPG Size: 129 KB
just do it
  • #574
  • Oct 11, 2012 5:58am Oct 11, 2012 5:58am
!!!!!!!!!!!!!!!!!!!!

a huge error

4 H upper channel is 2923
sorry for confusion

NOT 2930 !!!!!!


Quoting stevewalker
not much left
  • #575
  • Oct 11, 2012 5:59am Oct 11, 2012 5:59am
it is bull

Quoting thodie
I´m on the long side, still bullish.

Trailing stop 5pips
  • #576
  • Oct 11, 2012 5:59am Oct 11, 2012 5:59am
mentioned here
Quoting stevewalker
I will keep testing levels for shorts with tight SL

& wait for opp to enter long with a pullback if also smaller timeframes confirm
  • #577
  • Oct 11, 2012 6:00am Oct 11, 2012 6:00am
Quoting stevewalker
2930 is most probably

& I will short
modify: 3 orders, SL1 stay 34, SL2 37, SL3 41.
Pending SELL 50...
Anything is math!
  • #578
  • Oct 11, 2012 6:00am Oct 11, 2012 6:00am
sorry for that

Quoting Kajos2250
modify: 3 orders, SL1 stay 34, SL2 37, SL3 41.
Pending SELL 50...
  • #579
  • Oct 11, 2012 6:02am Oct 11, 2012 6:02am
Daily Chart
Attached Image (click to enlarge)
Click to Enlarge Name: 134.JPG Size: 134 KB
just do it
  • #580
  • Oct 11, 2012 6:04am Oct 11, 2012 6:04am
if that arrow is an entry ( I guess Oanda charts ) it is great.


Quoting thodie
Daily Chart
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