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newbegger replied Mar 18, 2020Wasted pips. After ?? years trading, you would think I would have this problem solved, lol. This is one I always regret, not waiting for the candle to close. Sidelines now, waiting for Asia lunch time to look for new trades. Happy Trades;-)
EURUSD only
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newbegger replied Mar 18, 2020That's what happens when you DO NOT follow your trading rules. Below is the candle AFTER it closed, a death dragonfly doji instead the bold almost shaved head bull. I hang on a little more but I am ready to close if next area of support breaks, ...
EURUSD only
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newbegger replied Mar 18, 2020Candle has not closed yet but I reversed and now long for now. Holding until Tokyo goes to lunch (about 13 hours from now) image
EURUSD only
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newbegger replied Mar 18, 2020Watching this trade for now, looks like NY open will be bearish for stocks. I was looking to reverse this trade but am staying short until the market settles in as I do not see the reversal yet.
EURUSD only
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newbegger replied Mar 17, 2020Little trading. .1 short in at 1.1024. A wait and see trade as I doze off. Be back before NY open
EURUSD only
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newbegger replied Mar 17, 2020Moving stops to 1.0968 or BE+1. This is fear driven market so not a good idea to be greedy against the main move, which is down for now. image
EURUSD only
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newbegger replied Mar 17, 2020Covered shorts now going long for a little bit at 1.0967. Stops below 1.0950 target 1.9997 image Edit - Stops below 1.0950 target 1.0997, lol. 1.9900 is 9 cents away, lol!
EURUSD only
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newbegger commented Mar 17, 2020I do not think these are accurate numbers as there was a extra day, 29, and there was a lot of stockpiling for COVD-19. Maybe some of the surveys went unanswered as they were busy stocking up on toilet paper and hand sanitizer.
U.S. Retail Sales Fell in February Ahead of Virus Impact
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newbegger replied Mar 12, 2020Got out right on time to preserve profits. I was in Mutual Funds in 1987 on Black Monday, when Iraq invaded Kuwait in 1990 and Asian currency crisis in 1997. Back then we had no internet just word of mouth around the coffee pot. I was hands on ...
EURUSD only
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newbegger replied Mar 12, 2020Closed longs at 1.1242 at I do not like the price action. The magic is gone for this pair so I am out with a little profit. I notice this pair is following all the others so better to play on both sides of trade again. image Waiting for next signal ...
EURUSD only
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newbegger replied Mar 11, 2020Stocks opened down -700 and trade barely moved. image So it looks as though COVD-19 is now baked into the trade. Time to go back to the charts rather than the fear trade. Looks like long may be wrong so I am cutting trade size in half to prepare ...
EURUSD only
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newbegger replied Mar 10, 2020Nice retrace to load on some more longs at lower price. Stops below 1.12 and I feel confident this pair will continue up. Cover under 1.12 if I am wrong
EURUSD only
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newbegger replied Mar 9, 2020Curbs are in now on Wall Street. No real correlation between US stocks and EURO but probably just feeding the Euro bulls after a mild dip. Remember, each new high creates a floor - but there is no ceiling. Limited downside, UN-limited upside. ...
EURUSD only
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newbegger replied Mar 9, 2020I did leave a t/p at 1.14 so took off 1/3 of position. Keeping the rest on for now, one way trading tends to overshoot. As the trade continues, I do not see much resistance until 1.18 area where I will take off 1/3 again. (Note-I will be adding as ...
EURUSD only
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newbegger replied Mar 6, 2020Great advise. Telling others what not to do is futile. How often are we successful at telling ourselves what not to do, lol. Don't eat that cake! Don't stay up late! Don't forget to exercise 4 time a week. Etc
EURUSD only
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newbegger replied Mar 6, 2020Normally with blowout numbers in NFP, the price would spike lower. But these are not normal times so sit on the bid until you hear the fat lady sing "the vaccine". Adding another long as we continue the climb to 1.14. image To infinity - and ...
EURUSD only
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newbegger replied Mar 5, 2020Doing the research, looks good for bulls, bad for bears. Edit - note that the March candle is not closed so it does not count yet, just the hammer from Feb. image I suspect NFP estimate is low (see the Challenger report). And there was an extra ...
EURUSD only
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newbegger replied Mar 4, 2020About what I expected yesterday as I thought around 1.1220 was the top before consolidation. We got to 1.1212. image I am thinking sideways for a few days as these big moves tend to exhaust the trade and the movers need to reset and restart for ...
EURUSD only
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newbegger replied Mar 4, 2020Nice blast from the past. I had a panasonic pocket radio and enjoyed music on the go. Until the music died

What kind of music you hear while you trade?