Mutter, mutter....oh well 
- #5,864
- Oct 30, 2013 11:59am Oct 30, 2013 11:59am
{quote} 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
{image}
Good Job
Do not be victim to conflict of the General and Commander in you - by FTI
- #5,867
- Oct 30, 2013 12:54pm Oct 30, 2013 12:54pm
weekly chart Dont know if it something to consider in the terms of this thread . {image}
Hi Michael!
Yes, AndyH and I were looking at it on the daily (post 5822 - Andy spotted it first!) - Great level.
and EurAud (post 5855) just waiting for it to come back to 1.4418. Could be a cracker
Should add that Tom does not normally trade crosses.
- #5,868
- Oct 30, 2013 12:58pm Oct 30, 2013 12:58pm
{quote} Hi Michael! Yes, AndyH and I were looking at it on the daily (post 5822 - Andy spotted it first!) - Great level. and EurAud (post 5855) just waiting for it to come back to 1.4418. Could be a cracker
Do not be victim to conflict of the General and Commander in you - by FTI
{quote} Hi Michael! Yes, AndyH and I were looking at it on the daily (post 5822 - Andy spotted it first!) - Great level. and EurAud (post 5855) just waiting for it to come back to 1.4418. Could be a cracker
From a hindsight is this something to consider or just pass away ? {image}
3 clean bounces
lines up with 61.8 perfectly
obvious stop point (I usually put it behind the little pocket prior to the breakout rather than the breakout bar like tom does, although in this case they are the same)
A clean break though with no washing or butt kiss
A nice rounded retest
lovely
- #5,878
- Oct 31, 2013 6:17am Oct 31, 2013 6:17am
{quote} Fingers crossed for you! Have gone long Silver and EurAud was triggered earlier. {image}
Took a full loser on that one. Didnt realize that EU is in fact in an overall downmove. Should have gotten out when it was struggling to get past 1.3713.
Next
.
Flattened by a freight train.{image}
Bad Auzzie sentiment would have supported the trade but we have to note that EUR has been falling for days. Also note the news that came out
That's why I passed on it.
PS did u look @ daily chart?
It's all psychology...