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The7 replied Aug 11, 2011Entered short with touch of 50 Ema. Love to have a big wave before weekend. Update 1: Before I enter a trade, I always make sure if there is a trend on the daily charts. there are different ways to to it. Checking the Daily Rsi and making sure it is ...
Bread and Butter Trades
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The7 replied Aug 11, 2011I dont trade reversals Dany. Just because price changed direction does not mean we have a new trend. But again, see what fits best for you. I wouldnt take the E/N trade. One the spread is too high, second on your chart price has no direction.
Bread and Butter Trades
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The7 replied Aug 11, 2011I am trading manually. Would never trade live with an EA.TP and SL is arbitary. I use 1 Atr as my SL.Enter with 2 lots, close 1 lot when price reaches my 1 ATR TP and let the second lot run till I feel. I get lot of BE trades but once I catch the ...
Bread and Butter Trades
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The7 replied Aug 11, 2011Playing the break means catching the trade from the start. This is how most of us lose. It is safer to jump in after it starts, at least for me.
Bread and Butter Trades
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The7 replied Aug 11, 2011Closed this short trade with -17 pips loss. No need to wait till it hits my initial SL because price closed-opened above the 24 Ema. I like to cut my losses short.
Bread and Butter Trades
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The7 replied Aug 11, 2011I dont think price touched the 50 Ema. I entered the U/Chf earlier with the 24 bounce.
Bread and Butter Trades
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The7 replied Aug 10, 2011Closed my Usd/Jpy short trade. 1st lot +22 pips, 2n lot +34 pips.Total 56 pips.
Bread and Butter Trades
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The7 replied Aug 10, 2011It is 11.30 pm here in Vancouver. So I better get some sleep. Green pips to everyone.
Bread and Butter Trades
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The7 replied Aug 10, 2011Took another short few minutes ago. Already in the green zone. I had 2 trades this morning, both ended with BE. First priority is:" Protect your capital, worry about profits later" Update 1: Price reached my 1st target, so closed 1 lot. Free ride ...
Bread and Butter Trades
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The7 replied Aug 10, 2011My short entry was a bit late but that's ok. 1 lot closed already, so it is a free ride. Who doesn't like that right? Update 1: Still in the trade. +64 pips so far. Free, risk free trade.
Bread and Butter Trades
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The7 replied Aug 9, 2011Are you Saving your chart as a "Picture"? If yes, it should print the whole chart
Trade What You See - Almost Naked Trading
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The7 replied Aug 9, 2011Here is the short trade I took this morning. Notice the long BO? I am glad I missed that, I would take it which turned to be a loser. Update 1: Closed half lot, free ride now. Will let run.
Trade What You See - Almost Naked Trading
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The7 replied Aug 9, 2011That was exactly what I asked for LG. Appreciate the quick response.
Trade What You See - Almost Naked Trading
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The7 replied Aug 9, 2011I notice on most charts posted here people do not take the fake breakouts on the H1BOC but the opposite successful one. I understand that RSI confirmation on H1 and H4 is enough for direction, also a 15 min candle close outside the box as another ...
Trade What You See - Almost Naked Trading
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The7 replied Aug 8, 2011If the 1.0100 support line breaks, I might need extra storage for my pips :-) Already +115 pips and best of all, risk free trade.
Bread and Butter Trades
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The7 replied Aug 8, 2011We should stay away from trades like these. To many long wicks no direction whatsoever. Same thing goes for the E/U since last of July.
Bread and Butter Trades
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The7 replied Aug 8, 2011I dont know what e-trailing is, never heard of it...
Bread and Butter Trades