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navk replied May 7, 2012Good question why I placed buy limit orders. Normally I close all pending orders b4 friday close. It was foolish thing on my part not to close pending orders last Friday. Paid the price for it.
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navk replied May 7, 2012I had heavy losses when asia opened. All my buy limits got triggered at 1.3060 to 1.3070. I closed all of them with loss at 1.3025 with 40 pips loss. Thereafter I slowly made up my losses and now in + today.
Guys, if there is a loss, accept it and ...EURUSD
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navk replied May 6, 2012I traded on AU retail sales. Took 20 pips profit. Net loss just 10 % today.

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navk replied May 6, 20122970 was supposed to be support apart from 2955. If it breaks here, looong way down.
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navk replied May 6, 2012Did some more buy scalps. 25 % more losses reduced, balance 25 % to be made

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navk replied May 6, 2012Well, did some sell scalps and reduced my losses to just 50 %. Entered sell at 1.3030 and out at 1.3010 again.
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navk replied May 6, 2012I had burnt my fingers enough in the past by not cutting losses quickly. Now if really buy trade opportunity exists, then I shall enter with another stop loss.
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navk replied May 6, 2012At my buy limit price they filled. The market opened at 1.3008 I closed at 1.3025 with a loss of around 40 pips.
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navk replied May 6, 2012It will close the gap but it might close the gap after it eats all my money.

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navk replied May 6, 2012Not sure what to do with my buy limit trades which will get triggered on open. They will get triggered b/w 1.3060 and 70. May be wait for retracement and close all with loss ?
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navk replied May 6, 2012Had some buy limits between 1.3070 and 60. All will get hit on opening . Normally I delete all pending orders before friday close, but this time....
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navk replied Oct 27, 2011There were days with 320 pips. Today the low to high is 334 pips ! May be this is record.
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