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- ken_wongyl replied Mar 3, 2011
Summary of Trades so far : 28 Feb - -57pips + 20pips = -37pips 2 Mar - -23pips 3 Mar - 20pips + 72pips = 92pips Total so far: +32pips Could have been better though .... but a trade lost is a lesson learnt ....
Week ending 26 Feb : +179pipsPrice Action Trading - EUR/USD
- ken_wongyl replied Mar 3, 2011
EURGBP trade hit target and closed .... oh Yeah !!!
Let's see that, that is worth 8480 to 8552 ...72 pips !!!
Not taking anymore position for now. Not with the NFP looming tomorrow.... not worth the risk.Price Action Trading - EUR/USD
- ken_wongyl replied Mar 3, 2011
GBPUSD exit at 6264. Potential for GBP to breakout to the north side due to the buildup. And is no longer safe to hold a Short position. Close for 20pips EURGBP continue to hold....
Price Action Trading - EUR/USD
- ken_wongyl replied Mar 2, 2011
EURUSD - Stop out for 23pips .... another disappointment before reaching my target price ... hiaz ..... another case of right direction, wrong timing....
Price Action Trading - EUR/USD
- ken_wongyl replied Mar 1, 2011
Trade is looking good buddy
I m in with you too at 3774, but taking a shorter-term profit @ 3793. Cheers!My own way
- ken_wongyl replied Mar 1, 2011
EURUSD M30 — Taking a LONG for EURUSD at 3774, targeting TP 93 and SL 51 to take advantage of a retracement from the excessive price movement from yesterday due to ISM and Fed Bernanke's speech. To date now, EURGBP - -3pip GBPUSD - +29pip in ...
Price Action Trading - EUR/USD
- ken_wongyl replied Mar 1, 2011
EURGBP entry has been made as per planned - 8480 Long SL 8415 TP 8552 GBPUSD entry has been made as per planned - 6284 Short SL 6350 TP 6144 Guess these positions would take a few days to reach price targets ...
Price Action Trading - EUR/USD
- ken_wongyl replied Mar 1, 2011
EURGBP - if it breaks above 8504, i will be jumping into the bandwagon regardless for LONG. GBPUSD - I will wait for the price formation first. ShORT is my definite direction .... it is a matter of when. For this, i believe i can wait.
Price Action Trading - EUR/USD
- ken_wongyl replied Mar 1, 2011
EURGBP & GBPUSD M5 — Such a pity it is .... I wasn't around for a long while until now, just to realize that the price miss my entry by just a few pips for the EURGBP pair ... and it is now like 16-20pips above my long ..... shifted up my ...
Price Action Trading - EUR/USD
- ken_wongyl replied Mar 1, 2011
GBPUSD D1 — Yo City, u overlook 1 aspect. This price level is the 6mths high. And this is just the 2nd test since 6 mths ago. This resistance will hold definitely. And it is not a good idea to buy into a strong resistance level at least for ...
Buildcity in 2011 ~ Trading Journal
- ken_wongyl replied Feb 28, 2011
GBPJPY M30 — Price has hit resistance level. It is possible to have more retracement to 38% level at 132.57 before price moves off, just that you would have to keep your eyes prised open ....
I can't anymore .... ZZzzzz ZZZzzzz
...Buildcity in 2011 ~ Trading Journal
- ken_wongyl replied Feb 28, 2011
Good luck my friend !!!
Review your past trades is the key. Look at what went right and what went wrong. If one can't see one's mistake, it is very likely the same mistakes would be made all over again. Don't worry about trading systems. ...Alexbabwa's Forex Journal
- ken_wongyl replied Feb 28, 2011
EURGBP H1 — Boredom calls . . .
While i wait for something to happen at EURUSD, i was just tempted to look at other more happening places ..... here we are at EURGBP. A bullish uptrend sofar, breaking the previous high at 8527, and ...Price Action Trading - EUR/USD
- ken_wongyl replied Feb 28, 2011
EURUSD M1 — Right now, EURUSD seems on a retracement downside. Shortest being 50% at 3784. But i guess it is not likely to stop there. I preempt it at 62% at 3765 Anyway, i am staying out for the time being .... or at least for tonight as the ...
Price Action Trading - EUR/USD
- ken_wongyl replied Feb 28, 2011
Yeah that's a good one. You are not the only confused one ....
I think the whole market is confused and living on the edge of speculation.
Personally, let the winners ride, only when you catch a good trend. There isn't any good trend ...Gaming Rig Trading
- ken_wongyl replied Feb 28, 2011
This is a tough pair to take positions .... also among the pair with most volatility. It is best to keep the TP smaller, so that one don't get rammed the other way round when catching a doze
As of now, i think the pair is still bullish ...Gaming Rig Trading
- ken_wongyl replied Feb 28, 2011
Yo City, You are selling against the trend. The buildup is still higher on the predominant hourly trend, with higher lows at 129.98, 131.32 This take precedence over smaller price action on smaller time frame or smaller formation of lower highs as ...
Buildcity in 2011 ~ Trading Journal
- ken_wongyl replied Feb 28, 2011
Done Deal !!! 20pips worth of profit from here.
Price Action Trading - EUR/USD
- ken_wongyl replied Feb 28, 2011
EURUSD M15 — Charging on ahead !!! Guess my posting is a wee bit too late due to poor internet connection from hotel overseas ... Short the pair down for all its worth .... up to 38% retracement at 3810 from 3830, with stop loss at 3860
Price Action Trading - EUR/USD
- ken_wongyl replied Feb 28, 2011
EURUSD M15 — It is very often in post-market action that we realized that we are still right ... as in this case for my long entry with TP at 3808. The only thing wrong was the early entry, making it expensive to put a further stop loss .... ...
Price Action Trading - EUR/USD