Search results

Entered short here, a little too soon but it is ok, I prefer earlier than chasing.

This action is not as bullish as I thought. Expect it to hit the trend line and churn for some time; tomorrow it will go higher then very likely reverse. I closed my longs for a total of $650, looking to go short near the trend line stop at 1.245 target 1.2390, will go long again if it gets...

Cancelled my sell limit order; I have to play it safe, I'll short only when I see weakness.

Added to my long position, average at 1.2378 (sold then bought). It looks like it is building a base here, if we go below 1.2362 the up we may go really high; if it goes up from here then we may go past 1.2506 then retract to retrace some 150 pips. I set a sell order at 1.2480, stop 1.2531.

Long at 1.2388 stop 1.2338 target 1.2448

Covered my short for $300 loss then went long at 1.2312 on average, closed two positions at 1.2452 and the other at 1.2483, then scalped some to end ~$1200 up on the challenge. Challenge: +$1200. Put a limit sell at 1.2460, it did not get there, but I think it will. It is very likely that...

This looks like it is going up, we will retest 1.222,It is foolish to look for the exact bottom. I reshorted, at 1.2275, I will try to close the position at a better price and look to go long with a wider stop 1.219, then add more if it gets down. If it goes up straight from here expect it to...

Went short 4 positions at 1.2292, closed two at 1.2252 and 2 at 1.2269 for a profit of 2x40+2x22.5 = 125pips. The past week I lot 100pips. So I am back to positive +25pips on the challenge: Challenge ($4000 by end of year): +$250

Well I sould have walked the talk, but... The week was very stressing for me. Never trade when you are not in a good shape and never change time frames; these are the two things I need to work on, everything I am ok at, except these two. I tend to go to lower time frames and find myself...

She is very right! But I prefer to short around 1.2470, it is the safest area IMHO. you risk 35 pips fpr a potential of 200 pips! expect this not to go down in a straight line it will take probably a week! Unless because of news tomorrow with payroll.

No it is not a failed break down; it is news action, the trend is still down. Don't be fooled by the action of one day. It is coming down already, but it will retest the trend line again probably on Monday. Expect tomorrow to be an inside day to the upside, if it breaks today's high then we may...

I am getting killed, but this is as far is this nonsense will go! We will see.

To make a long story short: Right now I am short 4 positions at 1.2314 target 1.2265,stop 1.2446.

Don;t worry, you are welcome to post, it is not garbage, even though I might get influenced, it would be my sole responsibility and fault. Please post anytime you like. It was and ugly day for me lost almost $1000 came back to $200 then gave another $300!

Stopped out on my longs for a loss of $320; then went short two positions at 1.2458 covered at 1.2422 for a profit of $360. Turning in circles! Long one position at 1.2404 will ad more if it gets down to 1.2380

Let's think a little out loud. 1- on a daily it made a higher high at 1.26 few days ago and broke an important level. The trend is not "very down", still not completely up, it needs to break 1.26 to be up. The way we came down from 1.26 is really strong, suggesting a stronger upward is needed to...

Hey @Vas62, Any thoughts where this is going?

I am out! Very difficult to read where it wants to go! Too weak for a rally, too strong for a sell off! I am staying out until a good setup sets up!

moved stop at 1.2445 and stopped out for a profit of 10 x 2pips = 20 pips. Long 1 position at 1.2488 stop 1.24 (will change it, depending on the action) target 1.258, will add more if it pulls back more. 42 trades, Profit: 1481 losses: 423 pips P/L: 1058 pips 27 winners, 15 losers. New...

Long 2 positions 1.2435, stop 1.2425 target 1.2465.