Ivan's Trade Thread, part II

When it hits my profit - an established point of exit prior to the trade opening. Then I close it. I don't usually scale out.

As for the risk, that's up to each individual's tolerance.
 
Quote from Ivanovich:

I have been riding down the EUR/AUD pair since about 2.06. I'm currently open with three positions in the 1.90 area. Justification for all the money I lost with the spike up into the 2.08 area in Oct-Nov.

I know it's your favorite :)

Very strong 1.87 support, though. We'll see if it can smack that. If it can, then see a return to 1.82.
More...

Went short at 1.8717, s/r line is approx 1.8731,stop initially at 1.8505, it's tested 1.8600 around 15:00 hours. I'll trail the stop for awhile.
 
Bailed early at 1.8699, plus 18 pips. Not entirely comfortable as it had gone against me for awhile, see below.


ebeejb.jpg
 
GBPUSD

Long @ 1.5108
Profit @ 1.5200
Stop @ 1.5050

Changed to 1.5075

Looking to take profits and then short in anticipation of tomorrow's potential rate cut
 
Quote from davidmaria1:

Went short EUR/AUD at 1.8900, stopped at .8957
I have an unwritten rule about taking trades at mid-pivot.
Just reminded myself as to why.

okzhp1.jpg
More...

Next short area for this pair, in my humble opinion, is the 1.93 range.
 
You must log in or register to reply here.
Back
Top