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- Kelisa replied Dec 22, 2011
I entered after the retracement..on the 21st Dec
Nb 10.0 trend trading system
- Kelisa replied Dec 22, 2011
Market is pretty thin. I will be on holiday too, soon.
Nb 10.0 trend trading system
- Kelisa replied Dec 18, 2011
I like this quote. Its like more fine tuning to follow the market price, PA. If PA decides to swing the other direction, u can take loss for that trade and follow north then. Just beautiful.
Nb 10.0 trend trading system
- Kelisa replied Dec 2, 2011
With not so good news for Europe, EU might continue its course to 1.31 too.
Nb 10.0 trend trading system
- Kelisa replied Dec 2, 2011
Anyway, this kind of trade is too dangerous, especially after any news. I rarely do it. Its better to stick to NB10.1 consistently, and you will reap green pips along the way. News trading can just wipe your account dry.
Nb 10.0 trend trading system
- Kelisa replied Dec 2, 2011
Yeaah..that would be a catastrophe. Probably close the loss asap. Or, if news was bad, PA would go south first, then only go up. Hopefully you have enuf time to cancel the sell limit.
Nb 10.0 trend trading system
- Kelisa replied Dec 2, 2011
Thanks. Also keep an eye for GpbJpy H4. I see good set up emerging.
Nb 10.0 trend trading system
- Kelisa replied Dec 2, 2011
Thats the lower Yellow line i drawn prior to the NFP news. The yellow line is not a trade. Its just set for my visual. The trade is set at 1.35323, Sell Limit. And was triggered during the NFP spike.
Nb 10.0 trend trading system
- Kelisa replied Dec 2, 2011
That 2 yellow lines was the range I expected NFP to move.
Nb 10.0 trend trading system
- Kelisa replied Dec 2, 2011
No, I set sell limit at 1.35323. Just above the H4 R line. This trade does not follow NB 10.1 because I was expecting NFP news to be positive, which then will cause EU to spike up, then go down south.
Nb 10.0 trend trading system
- Kelisa replied Dec 1, 2011
The whip lash could be 50 pips or more. Well, lets watch it tonight.
Nb 10.0 trend trading system
- Kelisa replied Dec 1, 2011
I ve got killed before on NFP times. That was totally inexperienced newbie, got whip lashed up and down. Nerve wrecking bone chilling experience. Watch out for H4 SR levels: If NFP is good news, EU will shoot north to wipe out the SL then head back ...
Nb 10.0 trend trading system
- Kelisa replied Dec 1, 2011
well done. post your charts for entries too.
Nb 10.0 trend trading system
- Kelisa replied Dec 1, 2011
Totally agreed. Worry free trades. With this low leverage trading, you can spend more time away from the charts. Plus you are not worried of any spikes. I have closed all my positions. Now waiting for better entry positions.
Nb 10.0 trend trading system
- Kelisa replied Nov 30, 2011
Gbpnzd moved over 1100+pips last week, even laggards ca scalp their way up. Question: For these high probable trades, will you increase lot size?
Nb 10.0 trend trading system
- Kelisa replied Nov 29, 2011
eurnzd 535+228 pips — Happy sky diving............
Nb 10.0 trend trading system
- Kelisa replied Nov 29, 2011
euraud 430+pips — Fundies play a big role too in helping us to make better decision on TP or hangin there. I also watch the RWB indicators swing from 90% to 10% soon. As on the chart, the switch to blue below red and PA crossed the red support ...
Nb 10.0 trend trading system