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- newbegger replied Dec 4, 2023
image Hello all; Have not posted here for a while. Nice to see Ata still running a good thread as usual. The traders positioning chart Ata posted goes along with how I am positioning my long term account now. After the bottom was hammered out last ...
- newbegger replied May 3, 2021
I covered my long trades and starting a short position in my swing account. Still holding the shorts in my long term account, which went in the red a little after this big bull move but I did not close. As Jessie used to say, "sit tight when you ...
- newbegger replied Apr 19, 2021
This is one of the patterns I find are usually profitable. It's called the flying Budda. image
- newbegger replied Apr 9, 2021
Cashed out some longs in the swing trade, holding about half size now. Gotta convert pips to cash. Added some shorts in my scalp accounts but these will be covered before EOD. image
- newbegger replied Apr 6, 2021
Saw this last night and put some long orders to work in my swing account. image It was a good thing as look at the power of the candle today. I am still holding short in my long term account so I did not make much on this move, just on size as ...
- newbegger replied Apr 5, 2021
For the knowing, in was a great week for range trading. You can make a great living on knowing when the range is in season, and exploiting it image
- newbegger replied Mar 28, 2021
I have not had problems with IG closing positions although sometimes there is slippage, usually against my trade. Based on the chart I posted you will see that was an area where stops were parked, near 1.1761 so that was where the movers were ...
- newbegger replied Mar 26, 2021
It's not closed yet but look at the power of the month candle image
- newbegger replied Mar 26, 2021
Finally got on the shorty at 1.1840 which was my first target when planning the trade. I don't know why I did not pull the trigger as I had this planned correctly. Even though it is positive in the money column it is still a loss as I hesitated on a ...
- newbegger replied Mar 24, 2021
We have broken below the recent range today. Is this a bear trap or the real deal. We will find out tomorrow. The longer term charts all set for downward but that may be painted by the movers. I am still flat as I have been chasing (but not ...
- newbegger replied Mar 23, 2021
Getting close to the short signal but still nothing. Lessons Learned. Never think you can know which way the trade will go. The big guns can push for a desired outcome, but cannot be sure. The minnows in this big forex pond get eaten if we don't ...
- newbegger replied Mar 22, 2021
image Took off my swing trade last night as trade fell from the opening. I would rather have no position than a bad position so waiting is better option for shorting. After reassessing, I am going to wait the short trade, looking for first shorts ...
- newbegger replied Mar 19, 2021
Weekly and Monthly are both in bearish mode so all systems go for shorting on Sunday evening. I will build slowly with stops above 1.2000 in my normal swing trade pattern, adding on both ups or downs, first target in the 1.1840 area and second ...
- newbegger replied Mar 19, 2021
The FOMC took my longs out on Wednesday for a small profit at target one then other 2 positions ended stopped out at profit on the trailing stops. Not happy with the small gains after the big losses on my last trade. Today I see 2 bearish signs. On ...
- newbegger replied Mar 11, 2021
I trade a little longer term than most as I have other things going on besides trading for a living. I don't need another 9 to 5 job as I did that for too many years already. Time to live before the grim reaper comes to visit. My crude attempt at ...
- newbegger replied Mar 11, 2021
Hope second time around better for me. Was stopped out on last long for large loss (had 3 positions on) and took almost all my 2021 earnings. Bummer! Support now Resistance at 1.1960. I am long 1 lot only from 1.1922. I will add on dips and any ...
- newbegger replied Feb 26, 2021
image Was on holiday since Feb 14. Managed to get out of shorts for 10 pip GAIN (wow) and much better than a loss. I did have a small long trade on and looking at it today I missed a big profit yesterday. I was travelling so not paying attention ...
- newbegger replied Feb 14, 2021
A little more hopeful now as Eurozone struggling more than USA with SARS-2 issues (fundamental). image The chart shows a long tail on Friday and it may be pointing the way (down), or, showing that buyers are in control (up). I am still holding ...
- newbegger replied Feb 11, 2021
I can already tell I will be stopped out. Nice to be able to predict the future, lol. Going to only take scalp trades now until summer break. image
- newbegger replied Feb 7, 2021
The long term trend IMHO is up, but the medium term trend is down with LH's and LL's. I expect a shoulder test to the H&S where I will start shorting, around 1.2070 area stops above 1.2170. Targeting 1.1888 area to begin squaring up and out of all ...