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lovejoy80 replied Apr 20, 2010
Remember folks that this is a business and there is no shortcut to success. You can only learn to trade succesfully by learning and practising to death fuirst so it is so ingrained in you. When you think you are ready to trade , my ...My path to financial freedom
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lovejoy80 replied Apr 20, 2010Right, Gold tried to scare me by going lower than soaring higher up to 1145.56, but if that area hold then I'll add a short @1139.90 area...this will also pull my AU short down and I've just gone short on AJ too. Pending order short on GU. Gone ...
My path to financial freedom
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lovejoy80 replied Apr 20, 2010Yeah another so-so day...lots of small losses for me...hopefully this week will pan out like last week and we'll get some runners towards the end of the week...I'd much rather play the trend anyday (peaks and valley style). No credibility lost my ...
My path to financial freedom
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lovejoy80 replied Apr 20, 2010
Unfortunately we cant corner the market like Jesse was able to.
yeah plenty of counter trend trades today as missed the trends yesterday...Ct trades can really burn you at times. JPY is looking weak today...look @ UJ.My path to financial freedom
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lovejoy80 replied Apr 20, 2010It was CAD news...interest rate annoucement which they kept @ 0.25 % but more importantly they said that they will remove monetary stimulus and that economic growth and inflation is above earlier projections and they dropped thier pledge to leave ...
My path to financial freedom
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lovejoy80 replied Apr 20, 2010Exited half of GU shorts @ 1.5344 and moved SL on remaing hald to first trade entry. E/A longs all exited @ 1.4462
My path to financial freedom
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lovejoy80 replied Apr 20, 2010You'd need guts to take this touch trade...bounced off weekly PPZ...but no way would I take a touch off this following that drop
My path to financial freedom
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lovejoy80 replied Apr 20, 2010Yeah I know...I'm only kinda kidding with that...I've learnt the hard way that if you let the market get to you then taking emotinally driven revenge trades leads to a blown account. Thanks for the indicator
My path to financial freedom
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lovejoy80 replied Apr 20, 2010On the plus side GU is dropping nicely...AU trade now in play as is UJ and gold.
My path to financial freedom
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lovejoy80 replied Apr 20, 2010I was asleep when markets closed last night and thus didnt follow my usual routine of chekcing them @ 10pm GMT...woke up late this moring and completely forgot to check them...doh
My path to financial freedom
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lovejoy80 replied Apr 20, 2010Dont follow this pair...but look how choppy this pair is...the only time you miss a setup and it drops like stone.
My path to financial freedom
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lovejoy80 replied Apr 20, 2010Why does price really try and rub it in when you make an error...I was on the 1HR pin on UC yesterday short...but closed out early as had had enough for the day...lol
My path to financial freedom
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lovejoy80 replied Apr 20, 2010That can be the difficulty I find with touch trades which are counter trend i.e. high percentage of the time they will bounce and go for 10-30 pips but only a smaller % will turn into a runner the others will bounce of the PPZ pause, collect more ...
My path to financial freedom
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lovejoy80 replied Apr 20, 2010EA long on touch of PPZ 1.4473 SL @ 1.4450, though will cut quickly if breaks through - 1% EJ short @ 125.25 SL@ 125.65 -1% GJ @ 124.91 SL@ 143.25 GU added another short (bit aggressive) @ 1.5377 SL@ 1.5415 - 1% Cut Oil trades @ BE. 4HR pin ...
My path to financial freedom
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lovejoy80 replied Apr 20, 2010Lol...course I dont mind. TL's are subject IMO much in the same way that a PPZ is a zone and is not always to the pip. I try to draw a TL connecting highs or lows...but the main focus is to catch the main trend of price it doesnt need to be exact ...
My path to financial freedom