Hello SW, F and everybody,
I have been busy too to be able to post, but while working I managed to go long on the "beast" early this morning. Clearly a day of level changing on that one, due to good economic news on gbp, I suppose. Well, sadly this proves that less frantic trading is still more...
Both EJ and UJ and GJ were surging together, and because I noticed the EU looking south and because I have a smaller spread on UJ, I jumped on that instead of EJ...
Good morning all. It seems that I was in a "niche" pair all by myself this morning. I have been lucky enough to ride the AU on the breakout of the 8445 and forced myself to get out at 8486. The reason for deciding to focus on the AU was that early this morning it was showing as more resilient...
Not that it really matters, because I am still very bad at it, but I really need to find a broker which is passing the price transparently. Scalping a few pips here and there when they skew the entire spread above buy or below sell does not help. I am considering FXCM, they boast the no dealing...
I should have stayed in all the time, but you know I am trying to force myself to scalp with the help of LRs, so at the moment I am taking small profits here and there and larger losses more often. At least UCad made me train on going back in on pullbacks, and recover some money to live another...
Just a shot, I am long on UJ at 118.02 with a SL at 117.98 and targeting 118.2 (again). I will probably be stopped out by the time you read this message.
May I ask you to prepare a zoomed in version of your chart? Maybe split in 2, later this evening, if you have time? Needless to say, it would be very instructive. I never locked in the high profit I was in and that is generally my undoing, really. Basically I collect several small stop losses on...
Thanks F, but too early for congrats. I am holding for my original target of 147.30, and I have moved my SL up to 146.73, with a view to move it up 146.83 once it settles above 147.00. Call me greedy, but sadly at the moment the less trades I take the better my results.
Moved SL to 146.67 (so half is BE and the other 19 pips profit). I have also moved the SL of the original UJ, which triggered my interest in EJ, to BE at 117.96. I have a 118.20 target for that, just below resistance.