im back again in a GbpUsd sell @ 1.6210 with a emergency stop at 1.6265 and an open limit for now. Lot size is leaving me a option to take another position at 1.6230 if we get there.

No Indi, No Cry

here the chart with the shortterm TL illustrated. and entry, exit points marked with an arrow.

No Indi, No Cry

ok, i just closed this position with a profit of 18 pips, im not seeing any signs of a big bear move towards 6160 and we have two shortterm trendlines on 6190 which are reason enough for me to exit now and wait for a move towards 6230 to jump back ...

No Indi, No Cry

And thats the reason i dont like to enter trades before data releases, suddenly sentiment changes and there is no recession, no record high unemployment and no negative rates. So i am glad that i stayed on the sideline in case of the EurUsd today. ...

No Indi, No Cry

Sell GbpUsd @ 1.6210 emergency Stop @ 1.6265 Limit @ around 1.6160 for now. mental Stop @ if price looks too bullish im going to close before it hits my emergency stop, but i cant say now where this will be. Didnt take it full size leaving the ...

No Indi, No Cry

I am also watching the 1.3510 level on the EurUsd chart. I see a nice confluence between chart resistance, fibo, pivot, and a shortterm trendline, but there is the IFO data release later on and shortly afterwards there is a draghi speech on the ...

No Indi, No Cry

I just placed a GbpUsd Sell order @ 1.6220 with a Stop @ 1.6265. Just in case i am placing a limit @ 1.6160 at the daily pivot. We have a very strong resistance zone around 1.6255/60 and i am not seeing a weak Usd Sentiment at the moment that is ...

No Indi, No Cry

here the eurusd chart from my trade earlier. a confluence of fibo, pivot and resistance mixed with an euro negative sentiment after yesterdays news, enough for me to jump into an sell position, closed it 10min. before philly fed data, didnt want to ...

No Indi, No Cry

online from.my phone closed the position before data with a profit of 25 pips. Patience and killer instinct! Gonna post a chart when im back on my desk.

No Indi, No Cry

Sell EurUsd @ 1,3470 Emergency Stop @ 1,3520 Limit @ open for now mental Stop is for now above 1,3500

No Indi, No Cry

patience, thanks alot for your kind and motivating words. today, we are seeing some obvious USD strength all over the charts, and as one can see AudUsd is back in the strong support zone i took my trades off last week, but today i wont take a ...

No Indi, No Cry

I only took 3 trades last week, two of them occured in a relativley short time window, i would like to illustrate here. Two times i entered the Aud/Usd with an long position. On the chart you can see, the first entry was before the Yellen statement ...

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@Davit i read the article, and there is indeed alot in common with crocs and traders. To be consistently profitable you need to be patient, but when you see the opportunity you have to seize it, and you need to have the killer instinct. Thanks for ...

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@davit thanks alot for sharing your input, it gives me a new perspective and a tool for more market scenarios. Gonna definetly try to build this into my trading style, but of course with small lots at the start to get used to it. If you catch the ...

No Indi, No Cry

Patience, It differs a little i have two groups for my entries: If there is a perfect setup where, sentiment and technicals line up, i enter with an 200k position so leverage would be 1:2 with this entry. If there are two positions to be entered at ...

No Indi, No Cry

Now look at this 20 minutes later, it made the move without an obvious catalyst - could have doubled the pips - thats trading. Oh well you cant always make the right decision, but at some point you have to make a decision and stand to it.

No Indi, No Cry

I barely use orders, but if i place them, then not much farther away than 30 pips from the current price. Your approach is interesting, because i too, and i guess everybody has the problem of entering too early sometimes, with an order, you already ...

No Indi, No Cry

UsdCad Chart.

No Indi, No Cry

Just closed this position with a profit of +21 pips. Enough for me at this point, i see a technical scenario for a move toward 1.0470/80 but i am missing some kind of catalyst for this move at the moment. So in this case its better to take the ...

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this is a great resistance area for a sell! i will be watching the 1.0500/30 area very closely. Only thing i can say now - i dont like to work against the sentiment, if Usd/Cad approaches 1.0500 and the Dollar is in a very strong sentiment i wont ...

No Indi, No Cry