Bull City Baby! Buying Opportunities | Page 36 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

USD/JPY

Similar Threads

Reversal City Baby!! 12 replies

Breakout City Baby!! 20 replies

Baby Sitter EA 4 replies

Baby Steps... 6 replies

FX Baby Trading Journal 0 replies

Attachments: Bull City Baby! Buying Opportunities
Exit Attachments

Bull City Baby! Buying Opportunities

  • #701
  • Dec 11, 2014 2:06pm Dec 11, 2014 2:06pm
my stop is above breakeven so have some locked in but wouldn't want it to exit at that level.....
  • #702
  • Dec 11, 2014 2:09pm Dec 11, 2014 2:09pm
Quoting Rizmeister
I cut my long. I will catch it again on the dip. Locked in profit. It feels good Edit: lets see if it bounces off of 118.85ish.


Nice one brah
  • #703
  • Dec 11, 2014 2:10pm Dec 11, 2014 2:10pm
Quoting Sunsilk
{quote} Nice one brah
Thanks
  • #704
  • Dec 11, 2014 2:11pm Dec 11, 2014 2:11pm
Quoting Sunsilk
{quote} Nice one brah
That was awesome... I got stopped out (for profit) at 119.45 and bought back in at the bottom of this thing. I have missed these intraday retracements before and kicked myself. Today I snagged it.
  • #705
  • Dec 11, 2014 2:12pm Dec 11, 2014 2:12pm
It was a nice 50 pip pull back I got back in as well.
  • #706
  • Dec 11, 2014 2:13pm Dec 11, 2014 2:13pm
Quoting chsortman
{quote} That was awesome... I got stopped out (for profit) at 119.45 and bought back in at the bottom of this thing. I have missed these intraday retracements before and kicked myself. Today I snagged it.
  • #707
  • Dec 11, 2014 2:14pm Dec 11, 2014 2:14pm
Quoting benaiah
{quote} Bouncing a bit right now, just move SL under the candle - around 119.05. If it starts to turn back down, then TP - just a suggestion
Thanks for that I think I might do that would lock in good profit and see if the bounce is going to go anywhere I'm still in as when I went back to the charts saw it was bouncing back up a little and regards to your previous post about profit I sit here having the same problem I am much more comfortable locking profits in but have been trying really hard to master letting them run..... goes against the grain still at this point though lol
  • #708
  • Dec 11, 2014 2:15pm Dec 11, 2014 2:15pm
Another have at 119.26 resistance haha. Lets see if we can carve through again.
  • #709
  • Dec 11, 2014 2:16pm Dec 11, 2014 2:16pm
That's really awesome that some have been able to recover from this deep retrace with profits.

I don't know how you survived it mentally and emotionally. I cant' sleep much with an open trade in profit, let alone a deep drawdown

I guess that's why I lean more towards intra-day trading...
  • #710
  • Dec 11, 2014 2:16pm Dec 11, 2014 2:16pm
Quoting TessiaFx
{quote} Thanks for that I think I might do that would lock in good profit and see if the bounce is going to go anywhere I'm still in as when I went back to the charts saw it was bouncing back up a little and regards to your previous post about profit I sit here having the same problem I am much more comfortable locking profits in but have been trying really hard to master letting them run..... goes against the grain still at this point though lol
I actually hate locking in profits... I like having a huge pip cushion, but it sucks to watch a huge retrace go without taking advantage of it.
  • #711
  • Dec 11, 2014 2:18pm Dec 11, 2014 2:18pm
Hello Yen

My boss is calling

You are late

F????K who cares its trading time

People are so rude these days
  • #712
  • Dec 11, 2014 2:19pm Dec 11, 2014 2:19pm
Quoting benaiah
That's really awesome that some have been able to recover from this deep retrace with profits. I don't know how you survived it mentally and emotionally. I cant' sleep much with an open trade in profit, let alone a deep drawdown I guess that's why I lean more towards intra-day trading...

Yeah I don't get much sleep with trades drawing down. Last night I slept like a baby. I felt very comfortable with my open longs from the 117.x level.
  • #713
  • Dec 11, 2014 2:21pm Dec 11, 2014 2:21pm
Quoting eliteincome
Hello Yen My boss is calling You are late F????K who cares its trading time People are so rude these days
Haha. Thank God I don't have a boss. I am trading fulltime.
  • #714
  • Dec 11, 2014 2:22pm Dec 11, 2014 2:22pm
Quoting chsortman
{quote} I actually hate locking in profits... I like having a huge pip cushion, but it sucks to watch a huge retrace go without taking advantage of it.
And I can relate to this too. I'm always afraid I'll miss trades. But I'm weaning myself off of that mentality gradually. For example, when the reversal didn't confirm last night I went to sleep after I closed my positions. When I woke up today, the reversal was confirmed, and I just jumped on a retrace, and was able to get 100+ pips. And I already had grabbed about that much yesterday on bounce trades.

So, what I'm teaching myself is that the market will always be moving, and there will always be a point where I can jump in... But has been a slow learning process, and still learning to be disciplined and patient...
  • #715
  • Dec 11, 2014 2:22pm Dec 11, 2014 2:22pm
Quoting chsortman
{quote} I actually hate locking in profits... I like having a huge pip cushion, but it sucks to watch a huge retrace go without taking advantage of it.
I like entering with a lot of room to breathe which is why I have to trade so low per pip as I only risk 1 % per trade...... but still quite new to all of this so I get a little nervous still and don't like to see my profits dissapearing when they were in front of my eyes a few hours before...... so tend to get in and out on an intraday basis but when I like the look of the move I will leave it running but usually only if it is at break even or minimal loss....
Dont think my nerves would handle a huge retrace well to be honest but do respect the fact that you have the confidence to do it
  • #716
  • Dec 11, 2014 2:23pm Dec 11, 2014 2:23pm
@chsortman You can always let scalps run my friend
  • #717
  • Dec 11, 2014 2:26pm Dec 11, 2014 2:26pm
So, what I'm teaching myself is that the market will always be moving, and there will always be a point where I can jump in... But has been a slow learning process, and still learning to be disciplined and patient...[/quote]
I can relate to this...... the number of times that I got annoyed as I had " missed a move" lets just say it has happened a lot but have also slowly learnt that it will always be there and will always be moving so another good entry will inevitably present itself....
  • #718
  • Dec 11, 2014 2:33pm Dec 11, 2014 2:33pm
Gidday YEN

Thinking I will dump the jumbo whoppers at 120

leave the small longs in 120+ etc

Not sure about this retrace to lower levels
  • #719
  • Dec 11, 2014 2:36pm Dec 11, 2014 2:36pm
Quoting chsortman
{quote} That was awesome... I got stopped out (for profit) at 119.45 and bought back in at the bottom of this thing. I have missed these intraday retracements before and kicked myself. Today I snagged it.
Glad that its working out for you Chsort mate.

I am not a bit unsure when to get in. Tempted to go in same level as dbutton 119.65. Sounds sensible but I am contemplating getting into this if it closes above 200 with a stop below 5 pips behind 50ema. (red)
Attached Image (click to enlarge)
Click to Enlarge Name: Screen Shot 2014-12-11 at 8.36.13 PM.png Size: 28 KB
  • #720
  • Dec 11, 2014 2:38pm Dec 11, 2014 2:38pm
nicely done to all of you who locked in profit and got back in again after it pull back
5 traders viewing now