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Trade with 60

  • #481
  • Jan 29, 2016 6:58am Jan 29, 2016 6:58am
Quoting kumetto
GU buy stop added and SL set at BE with buy stop{image} Took 95 pips manulay which is close to my hard stop of 100 pips .Which is more than enough for me. {image}
really nice - it is important to use judgement on exit's - taking profit off the table is good as long as we avoid closing ALL our wins early... good trading!
tradewith60
  • #482
  • Jan 29, 2016 7:03am Jan 29, 2016 7:03am
Quoting 60minuteman
{quote} really nice - it is important to use judgement on exit's - taking profit off the table is good as long as we avoid closing ALL our wins early... good trading!
Thank you.I decided to take profit because Average daily range of GU these days is arround 120 150 pips. ANd why not to take 2/3 of that while at the same time that is somehow my daily target for a pair.EU is running in profit too.
P.S. Still learning and getting confidence
Trade with 60
  • #483
  • Jan 29, 2016 7:07am Jan 29, 2016 7:07am
Quoting kumetto
{quote} Thank you.I decided to take profit because Average daily range of GU these days is arround 120 150 pips. ANd why not to take 2/3 of that while at the same time that is somehow my daily target for a pair.EU is running in profit too. P.S. Still learning and getting confidence
yep, I do that often -

I love this article from Denise Shull

http://therethinkgroup.net/nailing-better-trade-exits/
tradewith60
  • #484
  • Jan 29, 2016 7:10am Jan 29, 2016 7:10am

Inserted Video
Trade with 60
  • #485
  • Jan 29, 2016 8:43am Jan 29, 2016 8:43am
Quoting kumetto
{quote} Thank you.I decided to take profit because Average daily range of GU these days is arround 120 150 pips. ANd why not to take 2/3 of that while at the same time that is somehow my daily target for a pair.EU is running in profit too. P.S. Still learning and getting confidence
Think you were spot on with your reasons
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H1 (01-29-2016 1442).png Size: 63 KB
  • #486
  • Jan 29, 2016 8:47am Jan 29, 2016 8:47am
Welcome @OAPDave whish you luck
Trade with 60
  • #487
  • Jan 29, 2016 8:56am Jan 29, 2016 8:56am
Quoting kumetto
Welcome @OAPDave whish you luck
No luck needed all I have to do is follow 60minuteman and you
  • #488
  • Jan 29, 2016 10:35am Jan 29, 2016 10:35am
What happened with GU OMG
Trade with 60
  • #489
  • Jan 29, 2016 10:37am Jan 29, 2016 10:37am
Quoting kumetto
What happened with GU OMG
dropped hard - was a nice reversal entry after the failed attempt to go long
tradewith60
  • #490
  • Jan 29, 2016 10:44am Jan 29, 2016 10:44am
Yes 1st post and egg all over my face and every were else, thought I had clean charts, but even Pivots are not needed now, Thanks 60 you are bang on and targets are not needed just your ideas work perfectly well as with the failed reversal as you mentioned, going to enjoy this thread.
I am in the West Midlands were are you 60
  • #491
  • Jan 29, 2016 11:03am Jan 29, 2016 11:03am
Quoting OAPDave
Yes 1st post and egg all over my face and every were else, thought I had clean charts, but even Pivots are not needed now, Thanks 60 you are bang on and targets are not needed just your ideas work perfectly well as with the failed reversal as you mentioned, going to enjoy this thread. I am in the West Midlands were are you 60
Bath or Bangkok... do half a year in each with some short stints in Andalucia... my roots are from the Midlands too
tradewith60
  • #492
  • Jan 29, 2016 11:15am Jan 29, 2016 11:15am
Great life then, yes I am just on the outskirts of Walsall, just off out to play my session of Walking Football at Walsall Fc Banks stadium, great thread just love it
  • #493
  • Jan 29, 2016 2:04pm Jan 29, 2016 2:04pm
Quoting OAPDave
Great life then, yes I am just on the outskirts of Walsall, just off out to play my session of Walking Football at Walsall Fc Banks stadium, great thread just love it
thank's Dave and welcome...
tradewith60
  • #494
  • Edited 3:00am Feb 1, 2016 2:10am | Edited 3:00am
EU sell stop
Update: cancelled
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 29 KB
Trade with 60
  • #495
  • Feb 1, 2016 3:54am Feb 1, 2016 3:54am
Quoting kumetto
EU sell stop Update: cancelled {image}
back to work Kumetto!... have a good week!
tradewith60
  • #496
  • Feb 1, 2016 3:57am Feb 1, 2016 3:57am
Quoting 60minuteman
{quote} back to work Kumetto!... have a good week!
Thanks,you too
Trade with 60
  • #497
  • Edited 5:08am Feb 1, 2016 4:04am | Edited 5:08am
GU pending short added
Update:Cancelled
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 30 KB

Buy stop added
and triggered
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH11.png Size: 30 KB
Trade with 60
  • #498
  • Feb 1, 2016 5:46am Feb 1, 2016 5:46am
Quoting kumetto
GU pending short added Update:Cancelled {image} Buy stop added and triggered {image}
On board too
  • #499
  • Edited 9:06am Feb 1, 2016 5:52am | Edited 9:06am
Quoting OAPDave
{quote} On board too
Maybe its going to be a reverse trade
Sell stop added
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 32 KB

Sell triggered and stopped out long still running
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH31.png Size: 31 KB

And here we go
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH13.png Size: 31 KB
Trade with 60
  • #500
  • Feb 1, 2016 6:08am Feb 1, 2016 6:08am
Yes I am on the case ready to take action if that proves the case
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