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Trading EURUSD only

  • #12,961
  • Nov 14, 2012 3:27am Nov 14, 2012 3:27am
.
Quoting stevewalker
why BE+2?
  • #12,962
  • Nov 14, 2012 3:32am Nov 14, 2012 3:32am
Break Even BE;
when trader enter a trade from a MKT level ( not random ) there is a big possibility of testing same level again. no dubt it is MKT dynamic. I can explain later why.

now
when you are in a POSS winner & set SL to BE when it test same level again due to cost ( spread + comission ) trade will stop out BE
when you are in a POSS loser & it will most probably will not move trade favor where you set SL to BE

winner missed with BE
Losser Stop OUT
total loss


I set SL to BE only when I leave screen
  • #12,963
  • Nov 14, 2012 3:42am Nov 14, 2012 3:42am
.
Quoting stevewalker
GMT+2
A news driven day ahead
X9:45am EUR French CPI m/m
X12:00pm CHF ZEW Economic Expectations
X12:00pm EUR Industrial Production m/m
X12:30pm GBP BOE Inflation Report
Tentative EUR Italian 10-y Bond Auction
3:30pm USD Core Retail Sales m/m
3:30pm USD PPI m/m
3:30pm USD Retail Sales m/m
3:30pm USD Core PPI m/m
5:00pm USD Business Inventories m/m
9:00pm USD FOMC Meeting Minutes
  • #12,964
  • Nov 14, 2012 3:43am Nov 14, 2012 3:43am
me to, i left the screen most of the time especially today, have much work in and around the house.
just do it
  • #12,965
  • Nov 14, 2012 3:44am Nov 14, 2012 3:44am
ok
good

Quoting thodie
me to, i left the screen most of the time especially today, have much work in and around the house.
  • #12,966
  • Nov 14, 2012 3:46am Nov 14, 2012 3:46am
30M CT
Attached Image (click to enlarge)
Click to Enlarge Name: _3.jpg Size: 244 KB
  • #12,967
  • Nov 14, 2012 3:47am Nov 14, 2012 3:47am
30m LC @ 2715
1h LC @ 2714
  • #12,968
  • Nov 14, 2012 3:49am Nov 14, 2012 3:49am
Quoting stevewalker
30m LC @ 2715
1h LC @ 2714
My 1min chart signals a downmove.
  • #12,969
  • Nov 14, 2012 3:50am Nov 14, 2012 3:50am
lets go down


Quoting mok1one
My 1min chart signals a downmove.
  • #12,970
  • Nov 14, 2012 3:51am Nov 14, 2012 3:51am
Quoting stevewalker
lets go down
Would love that. And i go to a 30min meeting
  • #12,971
  • Nov 14, 2012 3:52am Nov 14, 2012 3:52am

Quoting mok1one
Would love that. And i go to a 30min meeting
  • #12,972
  • Nov 14, 2012 3:57am Nov 14, 2012 3:57am
aerotrade
I am expecting more action from you

for your predictions & ideas
  • #12,973
  • Nov 14, 2012 3:58am Nov 14, 2012 3:58am
Quoting mok1one
Would love that. And i go to a 30min meeting
making a 3rd upwave
  • #12,974
  • Nov 14, 2012 4:00am Nov 14, 2012 4:00am
CheG
I am expecting more action from you

for your predictions & ideas
  • #12,975
  • Nov 14, 2012 4:01am Nov 14, 2012 4:01am
added SH @ 2739
  • #12,976
  • Nov 14, 2012 4:04am Nov 14, 2012 4:04am
I dont add to open trade direction
hope I am not making a mistake
Quoting stevewalker
added SH @ 2739
  • #12,977
  • Nov 14, 2012 4:07am Nov 14, 2012 4:07am
Quoting stevewalker
I dont add to open trade direction
hope I am not making a mistake
not sure, 1m looks like a change in Trend?!
just do it
  • #12,978
  • Nov 14, 2012 4:09am Nov 14, 2012 4:09am
Quoting stevewalker
I dont add to open trade direction
hope I am not making a mistake
Was stopped out.Seems like a jumpy PA. Big boys are throwing thier money around..... US dollar index has now come off it peak. London open in 52 mins.
  • #12,979
  • Nov 14, 2012 4:10am Nov 14, 2012 4:10am
2739
Quoting thodie
not sure, 1m looks like a change in Trend?!
  • #12,980
  • Nov 14, 2012 4:11am Nov 14, 2012 4:11am
Long @2739 - ascending trendline, pretty visible in 15min chart
just do it
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