Sounds like you wanna get quick compensation for your losses. That never works.

As simple as possible: 00 level trading

TP +5! Though got almost one pip slippage on the sell-stop when filled so I pushed TP lower to get the 5 pips...

As simple as possible: 00 level trading

I am GA SHORT @1.8230 now.

As simple as possible: 00 level trading

Good Morning Fellow Traders, Today's log: GJ SHORT @173.300 closed manually @-4 pips -- completely out of my mind, I did not check that my indi incorrectly showed DO after a computer comeback from sleep EJ LONG @137.100 TP +5. EU LONG @1.3530 closed ...

As simple as possible: 00 level trading

Udine, did you consider EJ and EU being in sync accoring to how you usually look at it? Or although not in sync, but the EU showing weakness? Or any other reason taking it? Thanks!

As simple as possible: 00 level trading

Sync/trend of 'cross currencies' -- how I am looking at it: * look at the majors (actually the vs. USD traded) of the cross, and pick where both are trending in the same direction * eg. EJ: look at EU and UJ, if both green, look for EJ green, if ...

As simple as possible: 00 level trading

Yes, it GJ opens above .700 I think I'll go again, provided the GU and GJ look good. A note to looking for short in EJ and long in EU at the same time -- Udine also recommends to look for entries when the two (EJ, EU) are in sync. However now Daily ...

As simple as possible: 00 level trading

Thanks! By todays LO GU, GJ, UJ have already moved a lot making it difficult to enter on trend continuation.

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Or you were right! I wish I BE-d out the same GJ pos as that retrace up cost me -10 pips.

As simple as possible: 00 level trading

Yeah, chances for getting an entry is higher, however I'd rather look for the good chances for getting a TP. I prefer looking for the daily trend/bias and look for entries ONLY in that direction.

As simple as possible: 00 level trading

BTW: bid only reached .797 in that hour, so if I set the SL at .800+spread (as it is actually a buy order triggering at ask price) then the trade would've TPd in the end. But still I think it is the battlepicikng that counts in the long term. Or I ...

As simple as possible: 00 level trading

Hey Nik, Why would you take the same EUR based pairs SHORT and LONG at the same time?

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Good Morning Everyone, GJ SHORT @.700 out -10 SL. Could have picked the battle more wisely: it has already come down 50 pips today and 25 out of that w/o a smallest retrace when triggered .700. Áron

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Made it in the end... TP +5. image

As simple as possible: 00 level trading

Jumped into a EU SHORT @.300, closed out at BE when realizing it's a nogo due to USD rednews. I am still very impulsive when I see price moving not looking at anything else at the same time.

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I am stuck in one from previous hours @.300. I also had another pending @.400, however when I saw NY open also some fractions of pips below .300. I cancelled it. It

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It's not in the rules. They are just better hours than the others. Áron

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Yeah remember.... impatience and 'the forecaster' took over in me. But this system should not be about that.

As simple as possible: 00 level trading

It is... and that's a good note. It is according to the rules, UJ is green and though GU got red with its news I saw upward bias since then. However I do agree, there were better choices today, which I've missed. So this is a lack of PDF trade. Áron

As simple as possible: 00 level trading

I don't see a trade on your chart, or am I missing something?

As simple as possible: 00 level trading