DislikedLost 200k in 1 night. BOJ.... My worst trade ever. Now up 1.1m for 2016. Bought lower, this time triple the size, 225 lots @ 107.22 Target 110.50 (675k profit if none of positions are stopped) One 75 lot stop is at 107.00 (risk 15k) One 75 stop is at 105.88 (about 85k risk) the other 75 is stop at 103.98 (about 230k risk) Another 50 lots pending at 106.40 stop 105.88 (risk 25k) This SHOULD be close to the bottom. Based on techs. But BOJ momentum could make this go deeper. So do your own due diligence. {image}Ignored
- #1,065,462
- Apr 29, 2016 2:05am Apr 29, 2016 2:05am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Hopefully it will go back to 1.1355 level before breakout (if it will breakout), but for now it looks it will, just can't find good spot to buy at current rate.
Daily R2 (1.1409) easy to break...
Have you caught your train, Raa trader?
Member
- #1,065,463
- Apr 29, 2016 2:08am Apr 29, 2016 2:08am
- Joined Mar 2008 | Status: Fooled by randomness | 8,367 Posts
i think the key levels to watch are first 1.1367, if we manage to close above this level on the 4H chart we could accelerate the move north then 1.1397 profit taking/ strong resistance level. if we break it we accelerate even more and it could become our strong support if we touch 1.1397 then the next support to hold should be 1.1217 if we dont touch 1.1397 then our key support to hold is 1.1143, if it breaks on the daily candle then we turn bearish
When life gives you lemons, make lemonade
- #1,065,464
- Apr 29, 2016 2:09am Apr 29, 2016 2:09am
{quote} So much for the retracement (down only to 1.1380) Daily R2 (1.1409) easy to break... Have you caught your train, Raa trader?
No. Couldn't find a proper entry point. You?
- #1,065,465
- Apr 29, 2016 2:13am Apr 29, 2016 2:13am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} No. Couldn't find a proper entry point. You?
Member
- #1,065,466
- Apr 29, 2016 2:20am Apr 29, 2016 2:20am
I am so happy, I took profit of my eurusd short at 1.1223, than I opened long
I love Forex
I love Forex
- #1,065,467
- Apr 29, 2016 2:25am Apr 29, 2016 2:25am
- Joined Jan 2011 | Status: dump and pump | 4,055 Posts
I am so happy, I took profit of my eurusd short at 1.1223, than I opened long
All posts are my personal opinion
- #1,065,468
- Apr 29, 2016 2:31am Apr 29, 2016 2:31am
{quote} you say this now, but next day you will hate it. too strong of emotions
- #1,065,469
- Apr 29, 2016 2:34am Apr 29, 2016 2:34am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
I am so happy, I took profit of my eurusd short at 1.1223, than I opened long
{quote} you say this now, but next day you will hate it. too strong of emotions
We don't want to spoil your enjoyment, but Rtm trader made a wise mention there
Keep on like this!
Member
- #1,065,470
- Apr 29, 2016 2:39am Apr 29, 2016 2:39am
- Joined Dec 2012 | Status: Trader | 1,798 Posts
You can manage risk, but you can't manage the return
- #1,065,471
- Apr 29, 2016 2:57am Apr 29, 2016 2:57am
{quote} you say this now, but next day you will hate it. too strong of emotions
all of port RED!! 
- #1,065,473
- Apr 29, 2016 3:15am Apr 29, 2016 3:15am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Member
- #1,065,474
- Apr 29, 2016 3:17am Apr 29, 2016 3:17am
- Joined Dec 2012 | Status: Trader | 1,798 Posts
You can manage risk, but you can't manage the return
- #1,065,476
- Edited 5:31am Apr 29, 2016 3:25am | Edited 5:31am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} In my opinion this wave down is too short at 1.3685. at least we need 1.1367.... but oke, that's my opinon... we need one small push lower I think.... before heading up
At this point I can't see anything reasonable ...E/U look like it have got some syphilitic long daily amplitude oscillation again
{quote} Closed -9.
Member
- #1,065,478
- Edited 3:54am Apr 29, 2016 3:36am | Edited 3:54am
- Joined Dec 2012 | Status: Trader | 1,798 Posts
{quote} Yes, it's possible. At this point I can't see anything reasonable ...E/U look like it got some syphilitic long daily amplitude oscillation again
Wave ii and wave iv of this move from 1.1296 (start last minor wave) have a total retracement of just (not) 80% (normally between 80-100%) beside that we already above the last wave iv of the minor wave....
So in my opinion ...up we go... lets meet 1.1421-30 max 1.1458. if everything goes as it looks like.... But oke... I must wait for the structure to be more precise...
Gosh...HEW can be so precise if I judge the wave i and ii correct. Sometimes it really looks like magic. But oke it's a tremendous work to follow the waves and it can trick you terrible
and sometimes I 
and 
... You can manage risk, but you can't manage the return
- #1,065,479
- Edited 4:09am Apr 29, 2016 3:45am | Edited 4:09am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} HEW can be so precise if I judge the wave i and ii correct. Sometimes it really looks like magic. But oke it's a tremendous work to follow the waves and it can trick you terrible
But take care ...I mean it's important HEW to work most of the time, not just sometimes
Otherwise you're just tossing the coin
Member
- #1,065,480
- Edited 4:16am Apr 29, 2016 3:50am | Edited 4:16am
- Joined Dec 2012 | Status: Trader | 1,798 Posts
{quote} Nice
With HEW it's the art to see the real wave i and wave ii.... If I put them wrong everything goes wrong! That cost time and charting-time.... and sometimes it's just messy...well if we can notice this messy thing we already be warned...just as yesterday... I was struggle with a triangle....after that a flat and finally it was just a 5-wave move down...
btw: it's not a system, it's an indicator....we still need to confirm results with other indicators....!!
You can manage risk, but you can't manage the return