Took this one before, now again long on 60 with tight sl (stopped at 55).
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EUR/USD: IntraDay Scalping and Short Term Swing Trading Only
{quote} this is a dangerous inconsistency...many of us including myself have been or are guilty of this, but it's really disrespectful to the trade, to MM and ultimately yourself to treat trades differently because of lot size...would you drop $5 on the ground and leave it there and say it's no big deal but treat $50 differently?
ya, i understand that my problem here is my account capital.. and also having no strategy..
40 min past the hour, LONG at 59. SL at 54. TP at 74. Risk 5p TP 15p 3 to 1 RR back to using more"conventional" charts since this morning...yesterday's volatility on the 1mn blindsided me with my scatter graphs, will try to make an indie out of it later...now using a custom modified heikin ashi overlayed on candles with a custom HHLL band will post a chart later anyway trying to find and take swings closer to swing points which makes it easier to work with tighter hard stops. Out at 63.9 slight blip on the way, better to get out now and secure small prof. This is what I saw....my chart du jour... Could've (should've taken a short at 63.8 too but was too busy typing!) {image}
i saw eur/usd just back to where yesterday NY session closed and back up now, most of the time do that but not always
Dont trade like me..
- #1,504
- Oct 29, 2015 9:25am Oct 29, 2015 9:25am
- Joined May 2009 | Status: testing/trading/testing/trading... | 1,799 Posts
- #1,505
- Oct 29, 2015 9:28am Oct 29, 2015 9:28am
- Joined May 2009 | Status: testing/trading/testing/trading... | 1,799 Posts
Caught one from just below 43 area, was about 10p later than I would have liked to enter but was away from desk. Entry price and time at crosshairs.
KzX...wave 5? to where? 72/72 resistance? or pop upwards? This time at late night is prime time money trades, but late...for me.
Moved SL to +27 at 69, if it pops a little disappointed but 27p is a good one for me since last week.
Sold at 66.3. SL at 5pips. Last trade of the day/night.
Goodnight everyone.
KzX...wave 5? to where? 72/72 resistance? or pop upwards? This time at late night is prime time money trades, but late...for me.
Moved SL to +27 at 69, if it pops a little disappointed but 27p is a good one for me since last week.
Sold at 66.3. SL at 5pips. Last trade of the day/night.
Goodnight everyone.
{quote} Problem is NOT your account capital... KzX said.... Psychology 1st Method Last in between other important points. As much as possible let's try to keep the discussion to trades and analysis regarding current and pending trades and trade ideas
Dont trade like me..
- #1,509
- Oct 29, 2015 9:43am Oct 29, 2015 9:43am
- Joined May 2009 | Status: testing/trading/testing/trading... | 1,799 Posts
{quote} No no, wave 5 down below 1.0900 but 925 would have to be broken. Luckily the didn't get below at all and generated buy on m5, m15, m30 instead or rather overS.
- #1,512
- Edited 10:13am Oct 29, 2015 9:56am | Edited 10:13am
- Joined May 2009 | Status: testing/trading/testing/trading... | 1,799 Posts
- #1,513
- Oct 29, 2015 10:53am Oct 29, 2015 10:53am
- Joined Sep 2013 | Status: boreddddd | 3,137 Posts
Got my 85 target from earlier today, but not enough. Keeping it open (long 60) till 1030 or be.
* stopped be
Reentered 61 at london fix, same tp, sl 51.
* stopped be
Reentered 61 at london fix, same tp, sl 51.
- #1,514
- Oct 29, 2015 11:47am Oct 29, 2015 11:47am
- Joined Jan 2015 | Status: Trader | 1,645 Posts
Got my 85 target from earlier today, but not enough. Keeping it open (long 60) till 1030 or be. * stopped be
- #1,516
- Edited 12:48pm Oct 29, 2015 12:12pm | Edited 12:48pm
- Joined Jan 2015 | Status: Trader | 1,645 Posts
