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Fail Better

  • #5,841
  • Oct 29, 2013 7:59am Oct 29, 2013 7:59am
Quoting 4FXsake
Thread's dying. Last attempt to revive.
Noooooooo!

I will post some stuff later
  • #5,842
  • Oct 29, 2013 8:04am Oct 29, 2013 8:04am
Quoting 4FXsake
Thread's dying. Last attempt to revive. Waiting UJ. {image}

Another attemp
First post here !
Is this the concept ?
didnt taked this one just asking ?
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Do not be victim to conflict of the General and Commander in you - by FTI
  • #5,843
  • Oct 29, 2013 8:10am Oct 29, 2013 8:10am
How about That ?
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Do not be victim to conflict of the General and Commander in you - by FTI
  • #5,844
  • Oct 29, 2013 10:49am Oct 29, 2013 10:49am
Quoting -Michael-
{quote} Another attemp First post here ! Is this the concept ? didnt taked this one just asking ? {image}
Hi Michael!

Always looking for a rounded retest of support now resistance or vice versa. Not a lot of space here on the retest but not a bad example.

Thanks for posting!
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  • #5,845
  • Oct 29, 2013 10:59am Oct 29, 2013 10:59am
Quoting -Michael-
{quote} Another attemp First post here ! Is this the concept ? didnt taked this one just asking ? {image}
Also looking for SFPs on hourly time frame, but any time frame can work. Daily time frame is good too! An example below on AudUsd.

Edit: The green dotted line is a trade I took recently but nothing to do with the example!
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  • #5,846
  • Oct 29, 2013 11:17am Oct 29, 2013 11:17am
A good level? UsdChf.
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  • #5,847
  • Oct 29, 2013 11:21am Oct 29, 2013 11:21am
A poor level can mean a poor result! Taking a bit of heat here. Probably going to close.

Edit: Hanging on for the moment as it's close to it's daily range.
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  • #5,848
  • Oct 29, 2013 12:02pm Oct 29, 2013 12:02pm
Anyone else? EurUsd
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  • #5,849
  • Oct 29, 2013 12:08pm Oct 29, 2013 12:08pm
Quoting 4FXsake
A good level? UsdChf. {image}
I have an order in at that level. Looks like it might pull away at which point I will pull my order.
  • #5,850
  • Oct 29, 2013 12:24pm Oct 29, 2013 12:24pm
Quoting 4FXsake
Anyone else? EurUsd {image}

Iam in it as well. But doesnt look too good.
  • #5,851
  • Oct 29, 2013 12:42pm Oct 29, 2013 12:42pm
Quoting daveone
{quote} Iam in it as well. But doesnt look too good.
Gotta get past this area!
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  • #5,852
  • Oct 29, 2013 4:32pm Oct 29, 2013 4:32pm
Quoting 4FXsake
A poor level can mean a poor result! Taking a bit of heat here. Probably going to close. Edit: Hanging on for the moment as it's close to it's daily range. {image}
Sorry to say but this was def a very poor level
  • #5,853
  • Oct 29, 2013 4:33pm Oct 29, 2013 4:33pm
Quoting 4FXsake
A good level? UsdChf. {image}
This one seem sway better but the stop size sucks
  • #5,854
  • Oct 29, 2013 4:54pm Oct 29, 2013 4:54pm
Quoting andyhardwick
{quote} Sorry to say but this was def a very poor level

Care to put up some of your own trades, Andy?
  • #5,855
  • Oct 29, 2013 5:43pm Oct 29, 2013 5:43pm
One to watch.
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  • #5,856
  • Oct 29, 2013 8:08pm Oct 29, 2013 8:08pm
Yes sure I will do some when I get home from work. I hope you didn't think I was being out of line with that comment. The level to me just seems all over the shop and when you compare it to the EURAUD you just posted it is a totally different game and seems perfect
  • #5,857
  • Oct 30, 2013 1:53am Oct 30, 2013 1:53am
Quoting andyhardwick
Yes sure I will do some when I get home from work. I hope you didn't think I was being out of line with that comment. The level to me just seems all over the shop and when you compare it to the EURAUD you just posted it is a totally different game and seems perfect
No worries! I was actually scratching around for something to post that seemed reasonable at the time. Just trying to keep thread going as it's (imho) the one most likely to help people become profitable traders long-term.

I am out both EU and UJ trades for a total loss of 23 pips.

I agree with you about the UC set up but you could have, in this case, a modified stop? What do you think or would you move on and look for another like EurAud?

Short UC
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  • #5,858
  • Oct 30, 2013 3:57am Oct 30, 2013 3:57am
Good work on the thread im with you on that one!

Im not sure what to do when the stop is like that so I just move on to the next one. The EURAUD is so sweet in comparison thats what I look for and do my best to ignore the 95% good ones. I feel like you should be either super excited to place the trade or just leave it

Here is another one I am watching

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  • #5,859
  • Oct 30, 2013 4:02am Oct 30, 2013 4:02am
With the UC if I was going to trade it I would prob put the stop where the red line is so it is 'protected' by the little swing low

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  • #5,860
  • Oct 30, 2013 5:17am Oct 30, 2013 5:17am
Quoting andyhardwick
With the UC if I was going to trade it I would prob put the stop where the red line is so it is 'protected' by the little swing low {image}
It's done, thank you. Hopefully not needed now remembering what Tom said about one's evolving R.

Nice one on NJ!
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