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- petelearning replied Feb 12, 2009
think 1.2840 might be new resistance, will consider selling here
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
left for 15 minutes, price starts moving again! Remember my post at 9.26am, said price would fluctuate between 1.2840 and 1.2860 for a while! Did anyone buy 1.2840 at 10.02am and sell 1.2860 at 10.08am? T/P on 1st lot, move S/L to B/E on 2nd
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
S/L was hit on 2nd lot for +10, buy 1.2821
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
Todays results so far: 1st lot: +5, +10, +10, +10, +5, -7, 0, 0, +10, +10 = +53 2nd lot, +5, +10, +10, +15, +5, -7, 0, 0, +5, ??(min +10) = +53 min
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
so if price reaches 1.2877, S/L will move to 1.2867; if price moves to 1.2887, S/L will move to 1.2877 etc
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
will attach a trailing stop of +10, with a step of 10
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
Right bored to be honest of this little price fluctuation! Going to catch up on some paperwork, will be back around midday. Leave S/L on 2nd lot at +10 i.e 1.2857
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
Just about breaking through from the 1.2860 mark, you can see why I moved my stop/loss back to break/even earlier, I would have been stopped out and missed the breakout. Move S/L on 2nd lot to +10 i.e 1.2857 (buy price 1.2859)
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
Hi Adam Thanks, i saw your post on Shakes forum, you get up earlier and me and seem to benefit, nice profit of +58 on that 2nd lot! As you see the support/resistance that everyone talks about in Forex is evident in 1 minute charts, dont understand ...
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
Move S/L on 2nd lot back to +0 i.e 1.2947 (Buy price 1.2949), I think this wants to break through and dont want to miss it because of tight stops
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
2nd try at breaking through at 1.2860

Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
Move S/L to +5 i.e 1.2852 (buy price 1.2854)
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
so close, may be a false breakout, hold 2nd stop at B/E still
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
can see price fluctuating for a bit now between 1.2840 and 1.2860, which will be broken first... testing that 1.2860 again
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
Lets see if it breaks 1.2860, this was a resistance point at around 8.50am
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
T/P hit on 1st lot, move S/L to B/E on 2nd lot at 1.2847 (buy price 1.2849)
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
Willow with regards to the T/P and S/L, at the beginning of the trade this is set before I place the trade, then I manually change this when T/P is hit on 1st lot
Eur/Usd scalping inspired by Shakesfx
- petelearning replied Feb 12, 2009
T/P hit on 2nd lot for +5. Buy at 1.2847, can see a rising trend confirmed now
Eur/Usd scalping inspired by Shakesfx