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lovejoy80 replied Apr 16, 2010Yeah I know...I re-looked at my charts after your hint and was very angry...hence why I got out at BE...was a really bad mistake...been overtrading this week and lacking discipline over the last 2 days (I reckon cos the account is doing so well) and ...
My path to financial freedom
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lovejoy80 replied Apr 16, 2010I knew a drop in xxx/JPY was coming ... the post below was a warning sign to expect JPY strength. url Also look @ EU (picking EU and EJ as an example as this is the pair I played particularly badly!) despite dow soaring and the positive news last ...
My path to financial freedom
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lovejoy80 replied Apr 16, 2010Just had a quick look at my xxx/jpy charts...although I've banked some decent profit on playing these over the last 2 days I don't feel I've played them anywhere near as good as I could/should have. I posted earlier in the week saying that I was ...
My path to financial freedom
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lovejoy80 replied Apr 16, 2010Thanks...glad it will help motivate you.
My path to financial freedom
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lovejoy80 replied Apr 16, 2010If I'm not mistaken both of these have broken out now...so question answered. I like UC longs...a series of Hh and HL on 1HR chart
My path to financial freedom
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lovejoy80 replied Apr 16, 2010Just woke up and saw my UC long and CJ short doing well...some decent moves on xxx/JPY in Asia. CJ went to first main target area and now have a pin bar on 4HR so going to exit trade here...stop to BE on UC trade.
My path to financial freedom
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lovejoy80 replied Apr 15, 2010No, I'll have a look...My biggest gripe with MT4 (well on brokers I've used) is that it takes multiple attempts to get filed or close a trade at times when price is moving (not necessarily at news related times) when I never have a problem with ...
My path to financial freedom
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lovejoy80 replied Apr 15, 2010Was just looking for quick few pips back up too PPZ to sell on 1HR charts...went up but then stalled out on all @ BE and reversed on CJ and UC. Long UC @ 1.0021, SL @ 1.0000, 1% Short C/J @ 92.81, SL@ 93.15, 1%. Could do with Oil breaking down out ...
My path to financial freedom
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lovejoy80 replied Apr 15, 2010UC short @ 1.0010 SL @ 1.0020 -1% CJ long @ 92.95 SL @ 92.77 - 1% EJ long @ 126.13, SL @ 125.78 AJ long @ 86.86, SL @ 86.65 - 1% I got some awful spreads on these trades for some reason...didnt check them before I entered. Must keep an eye on ...
My path to financial freedom
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lovejoy80 replied Apr 15, 2010Closed UC longs @ 1.0013...first target area. Great %R on second trade 7pip SL, 44 pip gain. Gold hit target so moved SL up and it got hit on retrace so both gold longs out @ 1159. TAG now @ 233.20% Long AJ, EJ ,CJ, short UC now...
My path to financial freedom
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lovejoy80 replied Apr 15, 2010E/C out @ BE. U/C added another long @ touch of rising TL @ 0.9969...oil hasn't really moved, CJ down so doesnt make sense for UC to be going down. SL @ 0.9962 on both 1% on each Closed EU shorts all @ 1.3569...I'll get back in at a better price ...
My path to financial freedom
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lovejoy80 replied Apr 15, 2010Update on gold...second order now in play SL on both moved up to 1156...if it hits next target marked I'll move SL's up to BE on second trade and will buy a break if it happens...trend is up so trying to add positions in direction of the trend. ...
My path to financial freedom
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lovejoy80 replied Apr 15, 2010Notice how spotting good locations is key...I reckon Nasir was short from near 145 and long from near 143.60 area...it's not difficult to see why. 145 is a daily/weekly PPZ combined with a TL connecting recent highs and obviously a BRN plus 61 fib ...
My path to financial freedom
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lovejoy80 replied Apr 15, 2010My thoughts are as follows: The first glaring point to make is you dont appear to have a tradig plan...i.e. you've spotted a good setup , calculated your risk and SL etc but dont appear to have metnally said here is where I will move to BE, here is ...
My path to financial freedom
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lovejoy80 replied Apr 15, 2010I thought you might be...I should have gone long too but winding down now before the weekend (not trading tomorrow). Don't mind at all...I encourage it, it's good to be able to discuss these types of setups...I liemsharing ideas, setups and thoughts ...
My path to financial freedom
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lovejoy80 replied Apr 15, 2010Exited 50% of gold @ 1156.70...moved SL to BE on other half...will add a position if price breaks PPZ (high being 1158.45) @ 1159.00 TAG now @ 199.92%
My path to financial freedom
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lovejoy80 replied Apr 15, 2010So you are leaving your trades to run longer? There is nothing wrong with this, as long as you can spot these areas and have a plan of what to do when price reaches these areas i.e. take all profit, move SL to BE, take partial profit, leave SL as is ...
My path to financial freedom