I took it short too. If there was to be a pull back, maybe adding position then, will see. but already a down trend channel should limit the pull back or offer resistance to it.
EDIT: SL hit lost 24 pips
EDIT: SL hit lost 24 pips
Yvon
4 hour strategy (the nausbot - 4 hour trader) 11 replies
4 Hour Strategy Macd+other Indicator 21 replies
X-1102 1 hour , 4 hour and daily Tf trades 7 replies
Create a verticle line at certain hour for every certain hour 16 replies
Is the "4 Hour Strategy (MACD)" the best system here at FF? 20 replies
DislikedThe price has break the support TL and might be on its way to the bottom of the channel. I will wait for a pullback and bearish movement to go short.
Edit
The price has halted at the 1.3 level. This might become support or resistance as it has been a factor for some time now. Sellers has had difficulty in keeping it below this level. Itis going to be interesting to see what is going to happen. It will be interesting to see who is going to win at this level.
Edit
I enterd short after the downmove below the closest low.
Edit
[FONT=Times...Ignored
DislikedHey everyone,
I`d like to do my part and share with you one of my best trades so far. I bought the GBP/USD pair with 40 pips half profit and 70 pips the other half, with a total average of 55 pips. I was going to post my setup earlier, however, as I am still new, I did not want to confuse anyone seeing this to make a possible bad trade.
Of course, any comments or critique is welcome.
TheresaIgnored
DislikedEURUSD: price "back" in the consolidation... long from 1.2937. Already secured 33 pips.---Ignored
Dislikedthe chart:
edit moved up SL: secured about 90 pips
EDIT: trailing SL 20 pipsIgnored
DislikedI sympathise with you! when price hit the low , already price was far away from the 8ema(red)- so was expecting a correction soon, then came the correction, that beautiful green candle! and remember while it was building up, thinking that it needed a confirmation of RB by making an engulfing candle!---joy came,express by a large smile when it did happened! that was the second round bottom- still diverging- I went for it.
best regards,Ignored
DislikedThat was excellent. I missed it with the internet problems here at the lodge. But I needed the rest and relaxing as well.Ignored
DislikedWhy you on March 13, on the transaction to sell, cleaned stop the order?Ignored