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We may push one more time higher to 1.2602 to shoot for all stops above 1.26 before we go down. Don't be surprised if tomorrow it goes higher. It should turn lower after that otherwise the uptrend has more juice. I'll put all my protective stops to 1.2635. I am tempted to close my trades here...

Off records: covered one position at 1.2533 to reenter at 1.2555, a stupid scalp! won't count this one. Reentered at 1.2548.

Shorted another position at 1.2565, stop on this one at 1.2605, target 1.2165. Fingers crossed.

Always relevant, informative, generous, precise, concise and knowledgeable. Thanks.

You got a lot of work to do on yourself man, good luck! :-) That was a joke! Seriously, people from rigid families (like myself) tend to demand perfection from themselves and that is a big problem in trading. Your problem is very common, you refuse to loose and you confuse losing a trade as...

Short one position at 1.2570; missed the other short by 1 pip, again for the fourth time!! may come back again before going down, steep downtrends need to exhaust most people before plunging. If it does not come back I will short after a good confirmation of the reversal (trading bellow 1.2510...

Thanks smallStops. Yes actually they trigger the stops on the lower/higher price, but for limit orders I have seen it again and again if you want to sell, they wait for the bid (their bid) to go a lot higher than your order to fill it. They cheat, it is as simple as that! Market orders are great.

I need to change a broker! My stops are triggered if the price gets a little close, but my limit orders have to be exceeded by a lot to be triggered, it is a rip off this oanda chit! Missed my short by very little, I hope it will come back. My target is reached at 1.2565, for a profit of...

This is the head and shoulders I was talking about. I expect it to fail, otherwise we may go very high, which I really doubt, but who knows?!

Forgot to post the chart. Here it is. Preparing to go short at 1.2570, then 1.26 close to the trendline. Edit: Changed stop to 1.2486 if it gets there, then we should go lower.

Just got back from work. Went long 2 positions at 1.2515, stop 1.25 target 1.2565. We should get higher high day, but not exceed 1.2577; this leg will run its course around 1.2620, Thursday or Friday we may break the high an turn lower to go down like a rock to 1.21-22. I could be wrong...

Made a newbie mistake, the usual bad mistake after bad sleep, I moved my stop to lock in profits early in the morning before leaving for work to 1.25, for some reason only my broker knows it got to 1.25017 but still my stop was triggered! Out for a profit of 52 pips: $260; I will reenter if it...

Long one position at 1.2449 stop 1.2390 and target 1.2560. Will add another if it gets down to 1.2420, we should get another little push down before going up.

Missed my target by 2pips! Out on the second position at 1.2459 for a profit of 85 pips ~ $425. Will look to enter long at 1.2440 stop 1.2390, target 1.2570. 21 trades, Profit: 779 losses: 213 pips P/L: 566 pips 14 winners, 7 losers. Total challenge P/L: $650.

Closed one position at 1.2499 for 45 pips profit, or P/L$225. 20 trades, Profit: 694 losses: 213 pips P/L: 481 pips 13 winners, 7 losers. P/L: $225

Starting today I will set to myself a big challenge: for normalization purposes, I will try to double a $3000 account using $50000 lots and a maximum number of lots of 2, it can be a fraction. Obviously, I wouldn't play the same way a substantial account, I would require at least $10,000 for...

Managed to short 2 positions at 1.2544 stop 1.2578 target 1.245. That's it, will not touch a thing until next week, whatever the outcome is; my analysis tells me that we may go a little higher but not much, 1.255 could be the top on this leg.

Will short limit order at 1.2540 if it gets back there again stop 1.2578. That's it for the day, have a great week-end, all.

Closed the trade at 1.2518 for 21x2 profit, I need this for my ego to feel better. 19 trades, Profit: 649 losses: 213 pips P/L: 436 pips 12 winners, 7 losers.