Intraday FX Player

Status
Not open for further replies.
Quote from magicdust:

I was on the sidelines for the recent move long from 1.5365. Well done to those who were on board...what was it which signaled the reverse for you?
More...
it was a key reversal
 
Revenge for tough morning (I made a mistake in weighting levels and played one not important which caused chop)...

But this evening is not bad... :)
 

Attachments

Quote from yoohoo:

WTG!

Did you reverse several times or re-enter?
More...

No, didn't reverse... Scared to swing against the wave... Those are re-entries long... This is an unstoppable rally!
 
Quote from magicdust:

I was on the sidelines for the recent move long from 1.5365. Well done to those who were on board...what was it which signaled the reverse for you?
More...
 
17. ECB's Trichet: Rate rise next month possible, not certain

put this together with a little experieced TA and yummy, yummy
 
yea channel still intact

when it's this structured and reasonable speed take the reverse

you have this speed in your grasp, PIB and clear signals

Daily reaction on blue channel I posted - this was just filling up at the gas station and reversed bang on schedule
 

Attachments

Big lesson for me today: when market is tough, don't lose confidence, better look what you may have done wrong and remember that bad chop usually preceds excellent runs so it's more a reason to expect something nice rather than getting upset about your approach...

Happened with me today after several trades in a row (which I posted afternoon) went just several pips profit and then happened a couple of mistakes and losses...

Big big lesson! Consistent execution is the most important skill in trading IMO...
 
Status
Not open for further replies.
Back
Top