Forex price action trading

[wwatson1]

Why ate you trading that mess?!

Find a currency that is in a very clear trend in all time frames

you don't have to predict the direction on this chart, just add a small lot, when it retraces to the 50 or 200 average and bounces add some more

 

[wwatson1]

Dont trade that choppy crap

 

[momoNY]

Dont trade that choppy crap

Thanks Watson,
Actually you are right, I will look into that. Is it very liquid, I know the euro you can trade very big that's why I am obsessed by it; besides I love challenges.
Thanks for stopping by.

 

[momoNY]

I closed my long trades for a total profit of $1600. The way it is coming off support is not that convincing, very high chances to day will be an inside day, we will go probably up to 1.2475 then retrace to sit on the old trendline. If that happens I'll go long again.
Challenge: ~ +2200

 

[momoNY]

Zut, I moved my stop too early and got stopped out like a newbie!! gave back $200 after being up more than 500. Going short again; target 1.241, the will go long around 1.2390, stop should be below 1.2364.

 

[momoNY]

Zut, I moved my stop too early and got stopped out like a newbie!! gave back $200 after being up more than 500. Going short again; target 1.241, the will go long around 1.2390, stop should be below 1.2364.

Getting out, probably will go long. It looks like it will go up to retest the high, probably stop at 1.2493. I will short with a stop at 1.2506 if it gets to 1.2480.

 

[momoNY]

Getting out, probably will go long. It looks like it will go up to retest the high, probably stop at 1.2493. I will short with a stop at 1.2506 if it gets to 1.2480.

Day trading is not for me!! I decided to re-enter short with a lighter position at 1.2452 stop 1.2597, target 1.2390; I may change my mind depending how thing unfold.
Gave nmore than enough back
Challenge: ~+1800

 

[momoNY]

Got shopped to death trading short term on Friday and Sunday night, lost almost all last week winnings.
The challenge puts pressure on me to go get some pips where there are none! I should just care aboutmy trading and forget the moneeeeey!
Long at 1.2450 stop 1.2375 for now.
Challenge: +$700

 

[momoNY]

Crappy day today. The Euro followed my plan for the week, but did not manage to get a lot! Tomorrow will probably be an up day unless it trades below 1.2439.The resistance at 1.26 should hold or be broken by a hair, I'll put my stops at 1.2610. I will look to enter long if there is a descent setup, otherwise I have limit sell orders at 1.2460 and 1.2480.
Challenge: +$1300

 

[momoNY]

I got killed trying to predict every single move. I covered my short and I went long and I don't know what happened after that!!!
Challenge -500 !!!!!
Back to the basics. Long at 1.2395 stop 1.2360 target 1.2545. I will forget the challenges and focus on my trading!. Starting on a clear slate.