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newbegger replied Mar 3, 2020Yes, Leon. You have learned the master traders lesson -- that sleepless nights because your line is too big really just makes a mistake prone trader. Even in my long term account I always start the trade with .1 lots. Now I do not add until I see ...
EURUSD only
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newbegger replied Mar 3, 2020First 2 targets are already in sight as we run stops now and 1.12. image Last target may be reached before NFP but I am not counting the cash in the bank just yet.
EURUSD only
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newbegger replied Mar 3, 2020Same trade as yesterday. I love it when markets trade one way. Easy to make money, hard to lose it. Like right now in EURUSD. If it goes up, it goes way up with bold bull candles filled to the top with pips. If it goes sideways, it's a doji so there ...
EURUSD only
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newbegger replied Mar 2, 2020No stopping this raging bull. I am staying long until the fat lady sings. There should be a pause around 1.1220 area but just a pause before continuation. Now that 50 basis points cut is what the market expects from FOMC and ECB expected to hold ...
EURUSD only
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newbegger replied Feb 28, 2020Looks like this may be a turnaround Friday. Never heard of a turnaround Friday without NFP? Me neither. The fear trade does not turnaround on Friday with the uncertainty over the weekend. So I will either get long and close before EOD or just sit ...
EURUSD only
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newbegger replied Feb 27, 2020Trade is pricing in a FOMC Rate cut, probability now over 50%
EURUSD only
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newbegger replied Feb 27, 2020It keeps going and going. I saw the price action yesterday so it's no surprise. I will look at the action around 1.1000 and reassess if I should continue to build short position or get out. image
EURUSD only
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newbegger replied Feb 26, 2020Closed longs, now building into shorts. Building position slowly (.1 lot size) as this is really popping for Wellington trade. Not sure how high it will go? image
EURUSD only
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newbegger replied Feb 26, 2020Closed shorts and now long. The trade is behaving nicely along this path. Upward range trade. image
EURUSD only
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newbegger replied Feb 25, 2020Yes, someone else is seeing what I am seeing


image Edit Closed out long trade for 25 pip gain. Short from 1.0867 T/P S/L about 20-25 pips -> or close before EOD <-EURUSD only
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newbegger replied Feb 25, 2020T/P and reversed at 1.0841. image Edit - I am seeing good structure for range trade so I am trading in and out for now. T/P and stops about 20 to 25 pips and a time stop to close before EOD and reopen during early Asia.
EURUSD only
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newbegger replied Feb 24, 2020Covered long and back in on short side now at 1.0857 image I see people talking about swaps in forex. You can do much better lending in other markets than Forex as swap really does not even cover the spread and I think gives horrible risk/reward ...
EURUSD only
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newbegger replied Feb 19, 2020Almost closed the gap. After this, trade may look to take profit so probably able to buy this pair. But no guarantees as trade has been one way only for a long time.
image EURUSD only
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newbegger replied Feb 14, 2020I do not like the action on this pair so I took profit and closed out my week. I see a W on 15 min but more important is the time, this all happened during London session. image Happy Trades To You.
EURUSD only
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newbegger replied Feb 13, 2020In like Flynn. Got shorty at 1.0852. Target 1.0802 Stop 1.0888
EURUSD only
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newbegger replied Feb 12, 2020Still watching. The candle today was real bearish candle and says "going down". But current price is right at major support. image We still have the gap that has not been filled on Apr 24, 2017, which is down in 1.0730 area image So I will let ...
EURUSD only
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newbegger replied Feb 11, 2020Did NOT go long as I do not like the M forming on 15 min chart image Flat for now, will reassess during Asia session.
EURUSD only
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newbegger replied Feb 11, 2020Taking off short trades now. Time to trade the other side, based on daily cycle. Notice the positive candle at 16:00 o'clock. It may be wrong but more often it is right. Waiting for candle to close before putting on long trade. image
EURUSD only
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newbegger replied Jan 31, 2020Price action telling me there is no range here, maybe 1.1100 before the day is over

EURUSD only
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newbegger replied Jan 31, 2020A rare occurence, I got it right. My next guess is that we range around here until end of day. The door to play swing long trades is now open. image
EURUSD only