Finished for this week. I'am glad with the amount of pips I made this week, since it's my 2nd week of live trading Still need to learn a lot... I'am going to spend some time this weekend to read posts from LE1. All have a nice weekend!

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SL got hit on GU -16 pips.

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Yes... you are absolutely right. This time it worked out but next time it can easily fail. Adding to a loser is a big risk for any account equity. It can blow your account very quick...

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True...stops are very important. The most important thing is that your SL doesn't get hit. I always try to put it below or above a support/resistance level (RN, ema, ppa). That in mind I try to keep a tight SL as well. I risk 3% per trade so when my ...

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I still don't take this type of entries. Can you explain why you decided to open short positions at that place? I think you took them because of your experience with the market flow? I see your entry was at the touch of RN and one on the touch of ...

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This is an example of a good and bad entry. It's on the Usd/Cad. My expectation was that UC would go up after the break of the RN. After the break of RN I was waiting for a retracement, but I was not patient enough I rushed into the trade. (afraid ...

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Haha... Yes if your bank account is in sterling it will hurt you

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Short GJ +32 pips

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Sweet dreams

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Thanks! I hope I can do this over and over again. Big for you, because I learned so much from your examples. That's why I took this trade. My entry was more patient as well, did not enter after the big red candle but waited till price was ...

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GU +24. Entry at break of RN. TP at ADR low.

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Enjoy the rest of your day.

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How important is: German Ifo Business Climate (Euro red news)?

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+24 GJ. Price bounced from the 4hr 10ema. I went short when price could not close above the RN. 5min later TP got hit.

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Awesome

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-11 pips on AU. Short at the bounce from Week10 ema and RN. Thought that price would go down because there is a lot of resistance above.

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Hi Pips29 Nice trades Can you tell why the DOL is important? I saw that trading away from the DOL is used in another thread as well. LE1 never discussed it in this thread.

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Gbp/Jpy +24 pips. I expected a bounce from RN and 4hr 10ema since price couldn't close above them.

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Yes I already read his posts 2 times. Every single post has a huge value. His type of questions triggers your brain. Yes I think I know which one you would take

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That were some great posts Pipsninja!Must reads Rest of the day I will continue to read the posts of Loveevery1 again, since there is a lot of red news today.

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