Recent content by ThePipProphet

Long trade stopped out@1.3580 re-entered long@1.3566 stop@1.3540 target@1.3650

Long eur/usd @1.3598 stop@1.3580 target@1.3700 if stopped out, will reverse to short position @ 1.3575 for a target@1.3460

I may have jumped the gun. 30 pips against me in 15 minutes of my 50pip stop. Still working on that patience thing as you can tell. But I still like the trade, maybe the entry is wrong or my assessment could be wrong all together. I am up over 400 pips for the week, this 50 pips won't kill me.

Here is my 1cent(1cent lost to inflation) on the USD, the moves we saw regarding the bailout has happened and we know that the NFP will be negative. The key is how negative. If we see the NFP out of the parameters of the normal losses seen recently the dollar will fall. (my guess hard200-300...

I like to work with a fixed stop. There are times when the stop is hit and keeps going against the trade. At the time the stop is hit I make the decision to switch, re-enter or stay on the sideline. It gives me more options based on my parameters. Also, fixed stop positions gives my system...

stopped out@1.4060 Reset short@1.4060 stop@1.4085 target@1.3900

short eur/usd @1.4035 stop@1.4060 target@1.3900 I will adjust stop peridocally as the price moves down. I will update as that happens.

Ivan, do you think the dollar rally will be sustainable in the short term? I am just not confident on how the reaction long term will be with the bailout. I just don't see an opportunity I am comfortable with. Your thoughts?

Target hit for +75 pips

short eur/usd @4165 stop@4180 target@4090

Smart man Ivan, but I already knew you were! Stopped out on my eur/usd trade@4250 for 35pips.

I am assuming due to the lack of posts on the thread, there is a lot of us on the sideline or taking our butt whoopin in private. I am currently short eur/usd@ 1.4285 stop@4300 target@4125 (If anyone knows how to post marketscope charts, let me know.) stop adjusted to 4250. adjusting...

Hello fellow fx traders. I have been trading forex for 3.5 years. I am an intra day technical trader using fundamentals for long term outlook of my trading. I use support/resistance, fibonacci and simple moving averages for entry and exits of my trades. I trade live and demo. I trade...

closed short trade @3980 for +40 pips, I was 4 pips from target, I should of took profit then. oh well, on to the next trade GGrrrr, I still need to work on patience. Pair came back down and hit my target after I got out the trade....Isn't trading fun!!!

short eur/usd @4020 stop@4035 target@3960 Long entry is set @4040 target@4115 stop@4020 I am expecting a creep towards target or a quick bounce up towards resistance. On the daily chart, we are currently sitting on the declining support line. It will either break through or bounce up...