Gordon Gekko's real-time Forex trading calls | Page 36 | Forex Factory

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Gordon Gekko's real-time Forex trading calls

  • #701
  • Edited Apr 21, 2015 10:35am Apr 20, 2015 2:39pm | Edited Apr 21, 2015 10:35am
Quoting EarnPipsNow
Long EUR/AUD at 1.3919 (limit order), 46 pip stop.
Out at 1.3900, 19 pip loss. Possible re-entry later.

Like I said in a previous post (and this concerns day traders of course), if you are long and you see 2 lower high and 2 lower low (especially near or during the Asian session), something is not right, get out (or reduce position/stop) or at least re-assess the situation. And vice versa for short positions.
Each losing trade is an opportunity to learn
  • #702
  • Apr 20, 2015 7:02pm Apr 20, 2015 7:02pm
Quoting EarnPipsNow
{quote} Out at 1.3900. Possible re-entry later.
re-entry
Each losing trade is an opportunity to learn
  • #703
  • Apr 20, 2015 7:08pm Apr 20, 2015 7:08pm
More specifically, long eur/aud at same price (1.3919), same stop.
Each losing trade is an opportunity to learn
  • #704
  • Apr 20, 2015 10:07pm Apr 20, 2015 10:07pm
Quoting EarnPipsNow
More specifically, long eur/aud at same price (1.3919), same stop.
Target on that trade is 50 pips (serious short-term resistance beyond that point, so let's not get too greedy on that one...)
Each losing trade is an opportunity to learn
  • #705
  • Apr 21, 2015 12:23am Apr 21, 2015 12:23am
Quoting EarnPipsNow
Short GBP/USD at 1.4915, 44 pip stop.
Profit target on gbp/usd is 35 pips.
Each losing trade is an opportunity to learn
  • #706
  • Apr 21, 2015 10:41am Apr 21, 2015 10:41am
Quoting EarnPipsNow
More specifically, long eur/aud at same price (1.3919), same stop.
Stopped out, 46 pip loss.
Each losing trade is an opportunity to learn
  • #707
  • Apr 21, 2015 10:41am Apr 21, 2015 10:41am
Quoting EarnPipsNow
{quote} Profit target on gbp/usd is 35 pips.
Target reached, +35 pips.
Each losing trade is an opportunity to learn
  • #708
  • Apr 21, 2015 11:19am Apr 21, 2015 11:19am
Long GBP/AUD at 1.9320, 52 pip stop.
Each losing trade is an opportunity to learn
  • #709
  • Apr 21, 2015 11:26am Apr 21, 2015 11:26am
GBP/AUD trying to break through the high of the day (reached around 1:15 AM, NY time) and reverse the trend...
Each losing trade is an opportunity to learn
  • #710
  • Apr 21, 2015 11:41am Apr 21, 2015 11:41am
Quoting EarnPipsNow
Long GBP/AUD at 1.9320, 52 pip stop.
Out at 1.9350, +30 pips.
Waiting for possible re-entry.
Each losing trade is an opportunity to learn
  • #711
  • Apr 21, 2015 11:48am Apr 21, 2015 11:48am
So far this week: 0 (65 - 65 = 0).
Each losing trade is an opportunity to learn
  • #712
  • Apr 21, 2015 11:54am Apr 21, 2015 11:54am
Long GBP/AUD at 1.9343 (limit order), 41 pip stop.
Each losing trade is an opportunity to learn
  • #713
  • Apr 21, 2015 12:47pm Apr 21, 2015 12:47pm
Quoting EarnPipsNow
Long GBP/AUD at 1.9343 (limit order), 41 pip stop.
Pending order has been changed: long GBP/AUD at 1.9335, 41 pip stop. Current price is 1.9357.
Each losing trade is an opportunity to learn
  • #714
  • Apr 21, 2015 1:54pm Apr 21, 2015 1:54pm
Agree on the GBPAUD long, have similar view... could be the long term trend
http://i58.tinypic.com/2lxifer.png
  • #715
  • Edited 2:47pm Apr 21, 2015 2:19pm | Edited 2:47pm
Quoting pro4Xtrader
Agree on the GBPAUD long, have similar view... could be the long term trend
Here is what I see on the daily chart, since you are using that time frame.
Be careful and do not assume anything however, the breakout on the GBP/AUD could happen either way...
Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud_daily.jpg Size: 133 KB
Each losing trade is an opportunity to learn
  • #716
  • Apr 21, 2015 8:34pm Apr 21, 2015 8:34pm
Quoting EarnPipsNow
Long GBP/AUD at 1.9343 (limit order), 41 pip stop.
Stopped out, closing and reversing at 1.9300 (2 pips below price at the stop), same stop
Each losing trade is an opportunity to learn
  • #717
  • Apr 21, 2015 8:53pm Apr 21, 2015 8:53pm
Correction, 1.9300 was the close and reverse price I set on my software, I actually got filled at 1.9274 (26 pips below price order) due to slippage.
Each losing trade is an opportunity to learn
  • #718
  • Apr 21, 2015 9:06pm Apr 21, 2015 9:06pm
Moving stop to break-even.
Each losing trade is an opportunity to learn
  • #719
  • Apr 22, 2015 4:18am Apr 22, 2015 4:18am
Currently we see wide range trading, I think its dangerous to change the direction, but lets see
  • #720
  • Apr 22, 2015 9:16am Apr 22, 2015 9:16am
Quoting EarnPipsNow
Moving stop to break-even.
Out at break-even.
Each losing trade is an opportunity to learn
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