Forex trading live calls and set ups

[Lord Flasheart]

lon gbp/usd at 1.5496 sl 35

1/2 0ff at + 32

rest to +10, did this as market slowed

 

[Lord Flasheart]

lon gbp/usd at 1.5496 sl 35

yet again it got 1/2 way but didnt follow through


1st trade + 32
2nd trade +10

 

[DDI]

long eurusd 12895, stop 12872, limit 12910

 

[DDI]

long eurusd 12895, stop 12872, limit 12910

out 12901 for +6.

 

[Lord Flasheart]

out 12901 for +6.

why so soon?

 

[DDI]

why so soon?

wasnt so happy with the entry in the first place so was looking at scratching it the whole time....once i saw it reversed off 12905 3 times I just came out..well done on your trade though..

 

[DDI]

anyways off to the gym..have a feeling it will be cheaper!

 

[Lord Flasheart]

if id moved my stop to b/e instead of + 10 as the rules stated id be another 40m pips up. No real explanation why i did this but OLD Ma Flasheart is fuming

 

[DDI]

long gold 1369, stop 65

 

[DDI]

long gold 1369, stop 65

out 1372 for +30

 

[wackypete2]

sh eurusd 1.2952 stop 1.2962

Peter

 

[wackypete2]

stopped out -10

Peter

 

[wackypete2]

sh eurusd 1.2950 stop 1.2962

 

[wackypete2]

exit 1.2938 +12

Peter

 

[wackypete2]

eu is pushing back up. Resistance at 1.2960 and 1.2970. Looking for price to get back to that area and get knocked down again for a short. If it goes over 1.2970 then will be looking for long trades.

Peter

 

[DDI]

if id moved my stop to b/e instead of + 10 as the rules stated id be another 40m pips up. No real explanation why i did this but OLD Ma Flasheart is fuming

Though there are no set rules or guarantees, I think its prudent to leave your stop a few pips below the nearest support such as the last structural pivot, even when trailing stops. Although I dont use the same ideology when it comes to taking profits (I simply take profits to lock in cash), I do think its necessary to do so when setting stops. If you want to leave stops at entry levels (i.e not below support), you might as well just take full profits there and then (I do that- regretfully recently!) as market could easily hit your arbitrary stop.

Just my two cents anyway.....

 

[Lord Flasheart]

Though there are no set rules or guarantees, I think its prudent to leave your stop a few pips below the nearest support such as the last structural pivot, even when trailing stops. Although I dont use the same ideology when it comes to taking profits (I simply take profits to lock in cash), I do think its necessary to do so when setting stops. If you want to leave stops at entry levels (i.e not below support), you might as well just take full profits there and then (I do that- regretfully recently!) as market could easily hit your arbitrary stop.

Just my two cents anyway.....

all true,but im designed the method with exact rules which i then promtly disobeyed,thats why im annoyed

 

[wackypete2]

You mean u look even worse now


just kidding mate, nice pic and the guy in it is a nice touch.

I feel like Rodney Dangerfield. No respect!

Peter

 

[wackypete2]

short audusd .9935 stop .9955, target area around .9910
slightly larger stop than I'm used to but I'm going to let the trade run for a while.

Peter

 

[wackypete2]

exit 1/2 @ .9923 +12
stop to .9940