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Rag2RichesFX replied Oct 11, 2012im preparing for Yen over 85 so i dont know about this pump and dump.. perhaps in short term you are right
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Rag2RichesFX replied Oct 11, 2012even though we brokeout, we may need to consolidate/pullback a bit before continuing higher.
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Rag2RichesFX replied Oct 11, 2012you mean s/l? yes, set yourself a daily maximum risk and stick to it... or even stop for the day before then, if you just dont feel up to trading, or as focused as you could be trading should be treated like a job or career, even if it is not
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Rag2RichesFX replied Oct 11, 2012closed most of position @ 2915 only 20% left could hit 2937 before any pullback.. offers @ 2930/40 (according to forexlive) but i dont care for being perfect, neither with entries or exits (especially exits) did you take the audnzd trade?
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Rag2RichesFX replied Oct 11, 2012i snuck in another long @ 83 with a stop @ 72 i dont like to call trades before i make them usually because of jynx... especially scalps..
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Rag2RichesFX replied Oct 11, 2012i think a move towards 2500 is reasonable, but its hard to say go short without candles i got burned shorting EA too early (then made most of it back shorting EA at 1.279) so im hesitant to give advice on countering the last few days action AUDNZD ...
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Rag2RichesFX replied Oct 11, 2012well considering im long... from 1.24
i bought that huge H4 down bar into 1.2370 its a decently safe short at these levels, but could keep on charging my target was 1.26 for the bounce off the monthly low area but that last H4 bar is pretty ...EURUSD
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Rag2RichesFX replied Oct 11, 2012first attempt at trend reversal almost always does i think it has moved decently though, still not even london lunch
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Rag2RichesFX replied Oct 11, 20122/3 profit booked on longs from 2830 35 and 45 seems to me we could see 2950 area after a pullback though i just like to take profits when i see weakness, if it keeps going great who cares, if not, then i took my profit when i had it.
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Rag2RichesFX replied Oct 10, 2012lots of euros and pounds just sold to buy aussie
mostly eurosEURUSD
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Rag2RichesFX replied Oct 10, 2012i agree that would be nice to short from, but we were just up within 20 pips of there, so maybe we wont see it again but maybe we will a lot of good Bob setups on that last move, like this double (triple) doji break and first break
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Rag2RichesFX replied Oct 10, 2012i think i would cry.. theres no crying in forex but.. there would be no forex... so therefore i could cry
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Rag2RichesFX replied Oct 10, 2012one hour to go until daily close, heres the worst performers for today
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Rag2RichesFX replied Oct 10, 2012update.. she looks awfully heavy, i take back what i say about breaking 35 not happening until London.. could happen during Asia still, im happy with my profits, wont chase more down movement, but may short a retrace
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Rag2RichesFX replied Oct 10, 2012Weak retracement produced H4 hidden bearish divergence then we got S &P downgrade Spain two notches, so it really tanked quickly.
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Rag2RichesFX replied Oct 10, 2012yup i was a bit impatient, closed it @ 75 instead of 90 or 00 but its all good glad you rode it out the whole way

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