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Highest Open / Lowest Open Trade

  • #7,261
  • Oct 4, 2016 1:26am Oct 4, 2016 1:26am
Quoting Karemi-Trade
{quote} What do we do if we notice that momentum is shifting against us? Do we sit there and wait till SL gets hit, or can we close early?
Is momentum mentioned anywhere in the rules?

I don't know - can you see into the future?

If, if, you are in profit but not quite at the BE+5, then you can be justified in bending the rules and take what profit you can get. If you see a train coming, do you stand there and wait to be hit if someone else tells you it'll stop in time?

Either way, the decision is yours. Close it early and don't moan about how you should have left it in.
  • #7,262
  • Oct 4, 2016 1:29am Oct 4, 2016 1:29am
Quoting hasitha64
is it correct {image}
Well, you tell us...

I would read rules #1 and #2 again. There's even a clue on the top left of your own screen.
  • #7,263
  • Oct 4, 2016 1:29am Oct 4, 2016 1:29am
Quoting lemercenaire
{quote} Is momentum mentioned anywhere in the rules? I don't know - can you see into the future? If, if, you are in profit but not quite at the BE+5, then you can be justified in bending the rules and take what profit you can get. If you see a train coming, do you stand there and wait to be hit if someone else tells you it'll stop in time? Either way, the decision is yours. Close it early and don't moan about how you should have left it in.
+5 can be worth oh so much
  • #7,264
  • Oct 4, 2016 1:32am Oct 4, 2016 1:32am
Quoting hornet
always late on my entries though !!! {image} edit: BE+1
Why are you getting in late? Are you watching too many pairs? Whatever it is, you know you're doing it, so the answer is in your own hands.
  • #7,265
  • Oct 4, 2016 1:35am Oct 4, 2016 1:35am
this was a nice train, missed it though
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The quality of your life is brought about by the quality of your thinking.
  • #7,266
  • Oct 4, 2016 1:35am Oct 4, 2016 1:35am
Quoting lemercenaire
{quote} Why are you getting in late? Are you watching too many pairs? Whatever it is, you know you're doing it, so the answer is in your own hands.
working at the same time
The quality of your life is brought about by the quality of your thinking.
  • #7,267
  • Oct 4, 2016 1:36am Oct 4, 2016 1:36am
Closed +3
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  • #7,268
  • Oct 4, 2016 1:38am Oct 4, 2016 1:38am
EURUSD+1 pip
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  • #7,269
  • Oct 4, 2016 1:39am Oct 4, 2016 1:39am
Hrmmmph.... Not brave enough...

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Simplicity is the key to brilliance
  • #7,270
  • Oct 4, 2016 1:43am Oct 4, 2016 1:43am
Quoting LinFX
Hrmmmph.... Not brave enough... {image}
** TOO SMART*** not to take the trade.
  • #7,271
  • Oct 4, 2016 1:45am Oct 4, 2016 1:45am
Quoting LinFX
Hrmmmph.... Not brave enough... {image}
Flush it...Rule #5
  • #7,272
  • Oct 4, 2016 1:53am Oct 4, 2016 1:53am
Quoting hornet
{quote} working at the same time
Ah, I'll let you away with it then!

Attached Image
  • #7,273
  • Oct 4, 2016 1:56am Oct 4, 2016 1:56am
Quoting lemercenaire
{quote} Ah, I'll let you away with it then! {image}
LOL, today there's mandate for a new 50y bond in Italy. Markets moving on govies
The quality of your life is brought about by the quality of your thinking.
  • #7,274
  • Oct 4, 2016 1:58am Oct 4, 2016 1:58am
I think this is 123 instead of HOLO. Am I correct guys?

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OOH gosh . I'm having an affair with aussie... Sorry GU!! This will not count into my challenge trade.

Cheers!
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Simplicity is the key to brilliance
  • #7,275
  • Oct 4, 2016 1:58am Oct 4, 2016 1:58am
Quoting LinFX
Hrmmmph.... Not brave enough... {image}
Red news at the same time...
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  • #7,276
  • Oct 4, 2016 1:59am Oct 4, 2016 1:59am
1-2-3:

GBPUSD +7
EURUSD +3

Might be some action on both later though...
  • #7,277
  • Oct 4, 2016 2:01am Oct 4, 2016 2:01am
Quoting WoS
{quote} Red news at the same time... {image}
Yep, as noted, if you want to play, keep your stops tight.
  • #7,278
  • Oct 4, 2016 2:03am Oct 4, 2016 2:03am
Quoting lemercenaire
1-2-3: GBPUSD +7 EURUSD +3 Might be some action on both later though...
Took GBPUSD for +5
  • #7,279
  • Oct 4, 2016 2:04am Oct 4, 2016 2:04am
Quoting LinFX
I think this is 123 instead of HOLO. Am I correct guys? {image} OOH gosh . I'm having an affair with aussie... Sorry GU!! This will not count into my challenge trade. Cheers! {image}
Yes, it's a 1-2-3. Aussie is good for 1-2-3's...keep an eye out for one coming the other way at the end of the day. The Loonie is another which runs like this.
  • #7,280
  • Oct 4, 2016 2:08am Oct 4, 2016 2:08am
Quoting wannalearn12
{quote} Took GBPUSD for +5
Took the +7 on planned tp but lucky on the +3, closed it to get what I could...train coming...
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