image Not sure I am qualified to answer your question as to what you did wrong Eve, as I am just as much a novice on this method. But as you can see I got caught in the same or similar trade. It had gotten pips prior to when I got in but my ...

Highest Open / Lowest Open Trade

image My object lesson of the day. Of course today is FOMC in the afternoon. I expect markets to be relatively flat ahead of that, or not. The Fed is "expected" to raise rate a fraction of a point which they have been threatening for the better ...

Highest Open / Lowest Open Trade

You are asking for the red highlighter Lem. image I threw caution to the wind here on the GBP above yesterday's high. Did not give it a second thought, or a first one for that matter. +5 and counting, profit locked. I have begun tracking those ...

Highest Open / Lowest Open Trade

You are forgetting I was trained not to think by TooSlow, remember?

Highest Open / Lowest Open Trade

image I took the USD version of it several minutes back, 5 pips on a sideways market this pair, and it works.

Highest Open / Lowest Open Trade

Thanks Lem your posts are always educational.

Trading is as simple as 1-2-3

image Here's a loss I took on the AUD this morning, -9.5. I have been looking for a way to screen out these moves. It initially went up about 5 pips then headed back down to trigger my trade so that looked OK. It was only able to muster about 2 ...

Trading is as simple as 1-2-3

image New week, off and running on the GJ, currently +24.

Highest Open / Lowest Open Trade

image A Friday trade on the GJ ran about 18 pips.

Trading is as simple as 1-2-3

Just make sure you steady your aim.

Trading is as simple as 1-2-3

image I took this EG this morning with this method and also 1-2-3, double dipping so to speak. I took 80% off at +5 and currently sit at +12. Once in a while doing this I catch some real runners. I still don't know what I'm doing because I am only ...

Highest Open / Lowest Open Trade

image The EU. I have to confess I did think about this one. Often when a pair is climbing the ladder like this I "sometimes" get burned. But I perished the thought and took it anyway. And guess what it went to profit fairly quickly. Whoda thunk. ...

Trading is as simple as 1-2-3

image Caught this EGB right out of the box this morning. I pulled the trigger without even thinking, bam.

Trading is as simple as 1-2-3

....

Trading is as simple as 1-2-3

I learned to not think.

Trading is as simple as 1-2-3

image Back at it again on the CHF. Took most off on profit at +5, and currently sit at +11.8. As it slowly creeps upward. The screen warned me I was on a high breakout. It initially alarmed me but then I remembered I was long and relaxed.

Highest Open / Lowest Open Trade

image I thought this EU one would go down to defeat but it held in there and got my +5 pips. I shorted at 1.07246, It initially went down about 3.5 but then inched up throughout the hour toward my stop and came within about 4 but turned back down ...

Trading is as simple as 1-2-3

image This CHF trade took forever and a day to get going, or vice-versa. But then it did. I took off 80% at +8 and it sits at +25. As I said over on the 1-2-3 thread, the markets are moving "too slow" this morning. But what's the hurry if you can ...

Highest Open / Lowest Open Trade

Update: The trading gods were on my side and the trade did move back down to 1.07597. I moved my stop to BE+1 and was promptly taken out thereafter. Success. So the lesson learned here for me was: There is always a second chance in trading, ...

Trading is as simple as 1-2-3

image The market is just too slow this morning, pun intended, and so am I. I got in this EU short at 1.07664. The chart entry should have been 1.07657 so I jumped the gun a smidgin. So far it got as low as 1.07603 and technically should have moved ...

Trading is as simple as 1-2-3