Hey Steelhead, You taking any trades this week or just being slack on the journal

steelhead trade journal

Nice catch!!

EURUSD

Hey clockwork! I remember reading he splits it across 4 brokers. IIRC, he hasn't posted the names of the brokerages.

Jacko's Forex House of Pleasure and Pain

It looks like E/U has some decent support at the 1.3150 area. There is even a small PIN (not the best, but a PIN) on the H1 chart pushing through support (sign of an upward move soon). I'm flat right now and if it was earlier in the day with bigger ...

EURUSD

Well!!! I got off the plane to see the E/U is still going up? Dang! That's why it's important to have those stops. Now for a better entry. Guess I'll be happy with my $100 for now.

EURUSD

*hahaha* Yeah, that does happen a lot. No worries - maybe having a link to my posts in the future on the reasoning would be better. At least that would be one guy less to worry about not explaining themselves.

EURUSD

Why worry about it that much? Once you are in profit - move your stop to B/E and put a trailing stop. Check your position every 4 hours and look for where price is stalling/consolidating. The fact is - it could tank 300+ until the end of the week, ...

EURUSD

If you are referring to me - check my past posts, I have explained my position for the 1.32xx area & the $84 dollar for the past few weeks. Nothing has changed - so no point beating a dead horse with the same info over & over. It just so happened ...

EURUSD

You are a smart guy - that's all I'll say.

EURUSD

Good for you on sticking with your decisions!!! You can't trust anyone but yourself, well done! :-)

EURUSD

Perfect timing!! Stops now at B/E +1pip. I'm fairly confident we're heading down the rest of the week - but I'm not foolish. :-) Can always re-enter. Once the 'buzz' of the auto deal wears off - look out. Again - nothing has changed, why would ...

EURUSD

About time the E/U came to the 1.32xx area and the USD came to $84. I was expecting this move about 2 weeks ago, but I guess it wanted to take its time and fake some folks out. ;-) Loaded up on shorts at the 1.3260 area.

EURUSD

The fact is - we are in a consolidation zone. Why try to pick tops/bottoms here? Play the box - it's so easy to see on the 4hr charts. We're almost back to the top. Beyond that though - can anyone guess what happens after consolidation? Continuation ...

EURUSD

Fantastic trade!!! Hope you've already locked in or taken profit on that guy.

USD/JPY Discussion

I suppose my feeble mind can't seem to grasp the relevance of these gaps. If it gives you an edge though - go for it! But it just seems you may be making something out of nothing, or you could have found something that helps you. ...

EURUSD

But if we are ranging, we will always bounce between the stronger levels of support/resistance. Wouldn't you be better served to trade off the support/resistance of the ranging market in that case?

EURUSD

Psi, You've been staring at these charts way too long. I know there are holes in any method, but just check this out.

EURUSD

Good job psi! Hope you profited from it!

EURUSD

I know - USD should be going down to $84. Messed up my plans for today.

EURUSD

People will ultimate make their own choice (as they should), all you can do is give a logical reason with real data behind it. They will choose to read it, do some research on their own and possibly learn from it, or discard it. It doesn't affect me ...

EURUSD