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[wackypete2]

audusd 1h chart

There shoud be resistance at last week's closing price, from 1.0715 to about 1.0725 as shown in the chart. I'm shorting here due to the failure to hold above 1.0700.

Peter

 

[wackypete2]

short eurjpy 106.67 stop 106.80

5m chart. broke below the trendline

Peter

 

[Lord Flasheart]

just maybe ive the magic stop today,need a bit of luck,was probably less than 1 pip away, fingers crossed time

 

[wackypete2]

just maybe ive the magic stop today,need a bit of luck,was probably less than 1 pip away, fingers crossed time

Been a tough week. I've made good calls on the direction but lousy entries so I missed the moves or got stopped out. I've had more than average number of BE trades this week too.

Peter

 

[Lord Flasheart]

Been a tough week. I've made good calls on the direction but lousy entries so I missed the moves or got stopped out. I've had more than average number of BE trades this week too.

Peter

i saw that one earlier wacky,you move stop to b/e, unlucky mate

 

[wackypete2]

short eurjpy 106.67 stop 106.80

5m chart. broke below the trendline

Peter

exit 106.52 +15

Peter

 

[wackypete2]

moving stop on aud trade to 1.0717

 

[wackypete2]

Tentative plan for my aud trade:

If it hits +20, I'll move stop to +8 to lock in some profit then let the trade either stop out or hit target. It's only a 1/2 position so no need to manage it more than that.

Peter

 

[wackypete2]

eurjpy might give another short opportunity after a nice 18 pip pop upward.

Peter

 

[Lord Flasheart]

top trading wacky, im waiting for the eggs today

 

[wackypete2]

aud price creeping back up. I'm sure if I exit my short here it'll then fall off a cliff but you guys know I hate staying in trades for too long!

Peter

 

[Lord Flasheart]

see if i can avoid 3 in a row

short eur/cad 1.3274 sl 1.3295,

out for +1 have an eur/aud short which in hindsight was clearly the better option
same chart as yesterday, now why did i take eur/cad instead

 

[Lord Flasheart]

this game is so hard,you have a good run and think anything you take will go your way.Got to learn never to relax.

 

[wackypete2]

exit audusd trade @ be

gave up. Hasn't moved in and hour and a half

Peter

 

[glyder]

Anyone else found the markets so very quiet this week.
Really unusually slow.

 

[wackypete2]

Anyone else found the markets so very quiet this week.
Really unusually slow.

yes, just awful.

Peter

 

[Lord Flasheart]

Anyone else found the markets so very quiet this week.
Really unusually slow.

now that you mention it yes, on two occasions ive had to sit for hrs and play stick cricket during a trade

 

[robster970]

Anyone else found the markets so very quiet this week.
Really unusually slow.

Yes. You should consider spicing things up by either averaging down on losers or even better, applying martingale.

 

[glyder]

Glad I'm not theonly one.
Robster, I'll take your advice but wait for things to hot up a bit first

 

[Splitlink]

now that you mention it yes, on two occasions ive had to sit for hrs and play stick cricket during a trade

Was it worth the wait? Some traders say no, get out and wait it out on the sidelines because the reason for them opening the trade had gone.