More clearly visible the ascending . This trade carry some risk, it is against the trend , aggresive risk management should be applied :
Money moves the market, not an indicator.
- #7,661
- May 15, 2015 1:11am May 15, 2015 1:11am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
- #7,662
- May 15, 2015 4:24am May 15, 2015 4:24am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
Most probable I will be stopped out @ Breakeven, I am in a trade against the trend and must manage aggresively :
Money moves the market, not an indicator.
- #7,664
- May 15, 2015 4:59am May 15, 2015 4:59am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
Yes, I'm still in:
Money moves the market, not an indicator.
- #7,666
- May 15, 2015 7:32am May 15, 2015 7:32am
- Joined May 2012 | Status: Senior Member | 3,059 Posts
UCAD @ 1.2004 wow! i don't see it being here again for a long time so i started selling big from 1.1990 and will keep doing so till 1.2040Looking forward for my 1.1815 next week
dont miss the chance
- #7,668
- May 15, 2015 7:43am May 15, 2015 7:43am
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,152 Posts
Yes, I'm still in: {image}
{quote} Your TP at?
I will lock some profits once 1:2 risk reward or 1:4 is achieved , if the price is going up . If not, then it was a free trade.
Money moves the market, not an indicator.
- #7,669
- May 15, 2015 8:40am May 15, 2015 8:40am
- Joined May 2012 | Status: Senior Member | 3,059 Posts
{quote} {quote} Usually I'm scalping, but this time I will let the trade run . SL is @ Breakeven and if it's hit nothing bad can happen. There are always opportunities . I will lock some profits once 1:2 risk reward or 1:4 is achieved , if the price is going up . If not, then it was a free trade. {image}
i see UCAD is capped at 1.2090, anyway i'm selling for my 1.1815 target
- #7,670
- May 15, 2015 9:57am May 15, 2015 9:57am
- Joined May 2012 | Status: Senior Member | 3,059 Posts
{quote} time to sell
- #7,673
- May 18, 2015 3:33am May 18, 2015 3:33am
- Joined May 2012 | Status: Senior Member | 3,059 Posts
{quote} Might have a retest of 2090 before more south movement. Am looking at more south entry too!
its obvious we are having USD buying session so far!certainly 1.2090 should cap this UCAD!
best of luck
