Recent content by SteveJM

this pair is real difficult to scalp on lower TFs - so heavily manipulated and especially on Mondays and Tuesdays

EU - long at 17 - target 27

out for 2 pip loss

Good morning guys, long GU at 28 based on the principle if price can't go higher it must go lower. And also a HH and HL :-) Target 40

"Hi Steve Just seen you results today and this comment - so thought i would try and assist you now on your review and the way to improve next." Many thanks for the advice, Steve

It's a double edged sword but about 3/4 times today I have just been stopped out with a 5 pip stop and then seen original target hit - mostly on GU. I missed a 16 pip profit for the sake of a 1 pip stop-out.

Made 20 trades ttoday. Won 10 Lost 10 Gained about 20 plus pips at $1/pip Commission about $18 Too many trades. Need to hang on to winners more and cut out poor entries. Tomorrow is another day. Feel ambivalent about it - neither negative nor positive. Overall feeling is better to trade...

GU stop at 445 - target 665 that coincides with S/R on small TF and 38% retracement on whole of today's move down. not big fan of Fibs but if enough people react of them then they can work This is my last trade - have to go out now. Many thanks Pete

great call!

uj out for 2 pips - sigh!! SO it looks to have formed HL on bigger picture gone long on GB at 50

will keep in mind - have tightened stop to almost BE edit - target now 73

GU looks like it can break to upside - over 50 wait for pullback to 48/50 and then target up to 70

UJ ha sbroken 80/81 level - next target 72

short again on uj at 85 - on 1 minute chart it looks at though it is on pre-breakout to downside - less and less power on the buying side looks to me like it can break below todays low edit:- should say breakout (below) of the 80 level

and thats starting "late" - not easy to get up over here at 1.30am ready for the 2am european open - and it gets worse once the clocks go forward as Ecuador is on same time all year round