USD/JPY is sinking like a rock. Any suggestions on Supports? Not much news for JPY but I'm expected some negativity in US market this week.
- #47,403
- Edited 2:06pm Aug 5, 2014 1:55pm | Edited 2:06pm
- Joined Jul 2011 | Status: Winning | 1,859 Posts
Yeah guys, you got me. I was very stupid last week. Was up until 5 AM in the morning and then decided to go to bed 2 hours before NFP, not knowing when it was and just trusting the charts, and U/J sank 50 pips and I've had chances to exit the trade in more profit since then but I'm still holding on... It will go back up EVENTUALLY.
Now I'm only up 36%, I'd be up over 100% in my live account otherwise, 100%+ in my demo account, and more still if I had traded according to plan. Damnit. Now I might just start all over again. I don't like the looks of my equity curve anymore.
Screw fundamentals, they are my enemy.... rofl
I will be the first one to admit that I f*ed up, but at the same time, I have been long from 101 for like the last 6 months and my position has not wavered one bit over that time, so I'm not entirely wrong either... I just need better execution to actually daytrade some of these trades/moves.
Now I'm only up 36%, I'd be up over 100% in my live account otherwise, 100%+ in my demo account, and more still if I had traded according to plan. Damnit. Now I might just start all over again. I don't like the looks of my equity curve anymore.
Screw fundamentals, they are my enemy.... rofl
I will be the first one to admit that I f*ed up, but at the same time, I have been long from 101 for like the last 6 months and my position has not wavered one bit over that time, so I'm not entirely wrong either... I just need better execution to actually daytrade some of these trades/moves.
Please check out my blog at https://from-zero-to-hero . net
- #47,404
- Aug 5, 2014 1:58pm Aug 5, 2014 1:58pm
- Joined Apr 2013 | Status: I'm learnding! | 8,973 Posts
- #47,408
- Aug 5, 2014 7:37pm Aug 5, 2014 7:37pm
- Joined Feb 2014 | Status: Trader | 1,796 Posts
102.14~102.07 could be the target range for completion of this week-long correction wave (iv). That would be the beginning of an advance wave (v) up.
Elliott Wave for optimum entry, exit and risk management of trades
{quote} u mean 102.20 ish ?
Just now it almost dropped to 102.5 and a big order was waiting to be filled there. Pretty much all the big banks think this is going to be above 104 to 105 by the end of the year.
{quote} Possibly, I am just a little worried the train might leave the station without me if I hold out too long lol. Just now it almost dropped to 102.5 and a big order was waiting to be filled there. Pretty much all the big banks think this is going to be above 104 to 105 by the end of the year.
think about
- #47,416
- Aug 5, 2014 8:21pm Aug 5, 2014 8:21pm
- Joined Feb 2011 | Status: Forex Master | 3,237 Posts
There is Time for Bull, and Time for Bear. and so be the Wolf.
- #47,420
- Aug 5, 2014 8:31pm Aug 5, 2014 8:31pm
- Joined May 2012 | Status: Thank you Graeme | 1,449 Posts
Oh my .................
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