{quote} Damn! DOW Jones Index 400 points down! In a desparate attempt to exit this trade at break even or better I did something I should only try once in a blue moon, I doubled down to average my entry price. It will only work if the sellling evaporates, if not it's a faster way to blowing an account. Tokyo must buy the level now or the account is done.
{quote} Damn! DOW Jones Index 400 points down! In a desparate attempt to exit this trade at break even or better I did something I should only try once in a blue moon, I doubled down to average my entry price. It will only work if the sellling evaporates, if not it's a faster way to blowing an account. Tokyo must buy the level now or the account is done.
{quote} Im guessing you got your exit?
{quote} Lol you made me laugh... "main sports".. lol
{quote} The abnormal UK CPI reaction was across the board, especially looking at GBPUSD which should be very bearish. Seems like Carney's going to say something today to shake the markets, I'll be watchful during the UK open.
{quote} Carney isn't due for another 11 hours or so. We've got more than enough room to go back and forth between two key decision points. Also, price movement is awkward at 178. I don't feel safe. Closed my long from 178 and pocketed $3.40 in profit after commission. That's enough to buy a double cheeseburger at Mcdonalds!
Well i came back to my computer to see that my 178 entry was missed by like 10 pips lol. May just cancel the 178 order and double up on my 177. I would expect price to test 177 in a day or two if we close below 179 today. A retest of 178 is almost pretty much guaranteed. The decision is whether or not to buy the retest or wait for the break.(that may or may not happen @ 178 and buy 177) {image}
my 1st scale in target at 178 has been hit(actually got filled at better price of 177.934) second scale in at 177 is still pending. We will see what tomorrow brings hard SL at 173. Time to hold for awhile.
A chance to see what they're thinking when the volatility has limits.....
