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riclater211 replied May 17, 2019And just as I thought price has started moving up. To soon to make any decisions. Have a great weekend, - Ric
USD/CHF
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riclater211 replied May 17, 2019More of the same. Price pooling at the 1.35000 level Have a great weekend, - Ric
USD/CAD
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riclater211 replied May 17, 2019Hey All, So price broke my trend line and closed inside my trade box. So I am taking a shot but it is high risk. Went Short and was filled @ 0.65399. Stop and TP are equal @ 65 pips with SL @ 0.66049 % TP @ 0.64742. That target is just above the ...
NZD/USD
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riclater211 replied May 17, 2019Hey All, After my short lived long price has continued back down to pooling level between 1290.00 and 1280.00. Just a wait and see now as price is getting tighter and tighter. Have a great weekend, - Ric
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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riclater211 replied May 17, 2019Hey All, Same as GBPJPY I just could not bring myself to short even though price reached the trade box. I want to see a retrace first. Price has dropped 450 pips in 2 weeks with no retrace. I am going to keep my trade box for now but wait until I ...
Cable Update (GBPUSD)
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riclater211 replied May 17, 2019Hey All, Price moved down about 120 since my last post. I probably could have gained some but again I did not feel comfy taking a trade without a retrace. Until next week. Have A Great Weekend, - Ric
Dragon Riders GBP/JPY
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riclater211 replied May 17, 2019Hey All, EU moved steadily down for 5 straight days. The whole move was only 75 pips. Could not do very much trade wise. Maybe next week. Have A Great Weekend, - Ric
EURUSD
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riclater211 replied May 17, 2019Hey All, EURJPY ends the week still bouncing along that trend line. Until next week.. Have A Great Weekend, - Ric
EUR/JPY
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riclater211 replied May 17, 2019Hey All, Another week ends with Brent prices getting constrained again. Maybe next week will bring a break. Have A Great Weekend, - Ric
WTI Crude Oil Trading
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riclater211 replied May 17, 2019Hey All, Trade is still alive after 15 days and creeping closer to my Target of 0.63848. Secure stop is now at 0.69200 which equals 74 pips. As of market close I am only 24 pips away from my target so with any luck that full 150 pips will be mine in ...
AUD/USD
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riclater211 replied May 17, 201980% of the worlds population are ignorant, stupid, inferior, greedy and lazy. If Warren Buffet lost all his money today, he would be rich again. These idiots in the video would lose it all again and are prime examples of why most people do not ...
OANDA Discussion
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riclater211 replied May 16, 2019Hey Hutch, There is no way in hell I would deposit 10mil in any one place. If/when I get that kind cash, I would stay far away from Forex or any trading for that matter. 10mil is full retirement money LOL... - Ric
OANDA Discussion
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riclater211 replied May 15, 2019Hey All, I am glad I did not take that short yet. Price is stagnant around 109.00 to 109.50. Still looking for a short but need price to retrace up to 110.00 or so before coming down or accelerate past 108.50. Wait and see. - Ric
USD/JPY Discussion
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riclater211 replied May 15, 2019Hey All, OK I closed my trade manually and was filled @ 1.00805 netting 33 pips. Here is why: 1) There was a triple tap against 1.00500. 2) The down move was 50% retrace of the last upswing. 3) The whole trade was a counter trend trade. So now what? ...
USD/CHF
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riclater211 replied May 15, 2019Hey All, OK, price is still creeping downward. It is getting really crushed. Downside potential is looking good. Just waiting for that break. - Ric
NZD/USD
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riclater211 replied May 15, 2019Hey All, I got closed out rather quick. Trade fell apart, no real momentum behind the move. Back to the drawing board. - Ric
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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riclater211 replied May 15, 2019Hey All, Minor trend line was broken today. I placed a trade box in. Now it is a wait and see if price makes it. Next week is Yearly CPI and monthly Retail Sales, both of which i think will disappoint, may help push price down. - Ric
Cable Update (GBPUSD)
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riclater211 replied May 15, 2019Hey All, So price has pushed past 141.00. I know I said I may enter a trade, but TBH I do not feel comfy without a retrace 1st. As you can see I did forecast of what I want to happen. Who knows if it will be close. I may be missing an opportunity ...
Dragon Riders GBP/JPY
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riclater211 replied May 15, 2019Hey All, More nothing. There just isn't anything here. All noise. I'm staying out for now. - Ric
EURUSD