- Search Metals Mine
- nawlins51 replied Jun 27, 2011
I would of passed also. USD/CHF triggered and B/E so cant complain.
Simple Simon Balance Line Trading
- nawlins51 replied Jun 27, 2011
I hope everything is ok for you and the family. Wish you the best,
Simple Simon Balance Line Trading
- nawlins51 replied Jun 27, 2011
Thanks Titch. Trying to learn as much as I can from you,colo and the rest of the posters in this thread. Got a good group of people in this thread.
Simple Simon Balance Line Trading
- nawlins51 replied Jun 27, 2011
Need more confirmation from the 50ema. Here is my screenshot and you can see the 50 ema white line. Go back to page 89 and see what happened to me with the Eur/Jpy. I eventually won that trade but you will see the comments about what I did and what ...
Simple Simon Balance Line Trading
- nawlins51 replied Jun 27, 2011
About to hit the sack. Made 60 pips today and had a good time. Good luck to yall. Keep your eye on the M15 with pairs - NZD/USD and USD/JPY. Aud/USD might be interesting but by some S/R. GBP/CHF is another. All M15 timeframe. Good luck yall. Hope ...
Simple Simon Balance Line Trading
- nawlins51 replied Jun 27, 2011
It is interesting and yes I agree entry would be above it. Here is the question. Would you wait for entry above resistance with a close of the candle then set your buy stop?
Simple Simon Balance Line Trading
- nawlins51 replied Jun 27, 2011
I learned my lesson last week if you check my chronicles of mistakes posted by me. Its by a big resistance line so would pass.But wish you luck because I got a little to spare.
Simple Simon Balance Line Trading
- nawlins51 replied Jun 27, 2011
They have and I thank them. I locked in 10 pips. Lets see where it takes me.,
Simple Simon Balance Line Trading
- nawlins51 replied Jun 27, 2011
haha at break even. Thank you lord and I wil never do that again.
Simple Simon Balance Line Trading
- nawlins51 replied Jun 27, 2011
its not good to lose money but you can't dwell on it either. Its how I stay positive when trading. I posted so everyone could see where I messed up and learned from a live example. I anticipated instead of letting price come to me.
Simple Simon Balance Line Trading
- nawlins51 replied Jun 27, 2011
Yep and just did something dumb. Should of waited for it to close above the 50ema. Instead figured if it went above it then the resistance was not there. I went in at 114.44. About 9 pips above the high of the candle close above the blue line.
Simple Simon Balance Line Trading
- nawlins51 replied Jun 27, 2011
Well I made a mistake. I understand the 50 ema serves as S/R also and seen it just blew right pass it. I anticipated instead of letting it come to me I guess you can say. or We can laugh about it and say for educational purposes.
Simple Simon Balance Line Trading
- nawlins51 replied Jun 27, 2011
I made a mistake. I sure hope it does not come back to haunt me. I was up 10 pips on the Eur/Jpy and did not move my stop to B/E. Now I am in the hole. Hopefully it rebounds but damn I should of moved it especially with the yen. That was dumb. Here ...
Simple Simon Balance Line Trading