Quoting aahmad29 My bad luck, price only reached to 1.3585 and TP missed by 3 pips. I will wait to add another short position. Probably i will add second short at today R1 1.3632. TP for first short is changed to 1.3586 My bad luck (no hard luck ...

EURUSD

My bad luck, price only reached to 1.3585 and TP missed by 3 pips. I will wait to add another short position. Probably i will add second short at today R1 1.3632. TP for first short is changed to 1.3586

EURUSD

I have one short position at 1.3599 lets see where it goes. No SL and if price go against then i will add another short position. TP=1.3582 (H1-EMA200)

EURUSD

There is very interesting situation for the pair EU on my chart because i am big fan of EMA200 for different timeframes. Here you can see that in H1 it looks like fake downward breakout but in H4 it looks rejection at 1.3638 because EMA200 is right ...

EURUSD

Three shorts closed @1.3607 1. +31 Pips 2. +16 Pips 3. -16 Pips Added First Long @1.3606

EURUSD

I was right. H4-EMA200 will decide the further movement of price.

EURUSD

Price has reached to resistance and i am adding 2nd short at 1.3638

EURUSD

If 1.3600 level breaks then price will go upto 1.3640 atm because H4-EMA200 is at this level and there could be rejection.

EURUSD

Yes you are right but it is my way to trade because money management is very important in trading so i add positions with in my limit. I don't have SL but i add opposite side stop (buy stop and sell stop) orders on certain levels.

EURUSD

I am SonicR system fan but i add EMA200 in it and then i take my decision. My decisions are totally based on PA. Sometimes i have drawdown because i keep adding positions. Sometimes if i think that price can go against me then i add opposite side ...

EURUSD

I changed my decision and now started adding shorts. First short position @1.3592. No SL and TP and i will close the position when my chart will tell me.

EURUSD

I am closing position early at 1.3592. +30 Pips. Sell Limit at 1.3599. TP is not yet decided.

EURUSD

I have added long position at 1.3560 and TP= 1.3599. According to my analysis, price should go upto 1.3620.

EURUSD

I agree but for long first it hits SL at 1.3499. I will start adding short positions at 1.3479

EURUSD

Ofcourse this is not indicator but it is general behavior. Most of traders add longs on each whole number and expect that market will move up. For this strategy you should have huge funds or very good money management. But big players love to take ...

EURUSD

Because most of SL for long positions are at the 1.3500 - 3520

EURUSD

Not a good enough movement.

EURUSD

20 pips. Short position closed with TP

EURUSD

I am not sure about the target but in my mind i also have same levels as you mentioned.

EURUSD

I am starting adding short positions. First short position 1.3660 and TP=1.3640 at NY time 02:00 PM SL=undecided/No SL

EURUSD