I don't understand what's going on here. Isn't it a downtrend? I mean USJ was just talking about broken support...

Forex Made Millionaire Thread for Blog Swing Trades

Nice 70 pip spike short about 10 minutes ago for those of us in GJ...

Forex Made Millionaire Thread for Blog Swing Trades

Missed the Cad short as well, but got a perfect (I hope) entry on GJ with a stop at BE already and letting it roll.

Forex Made Millionaire Thread for Blog Swing Trades

Is GJ doing what you call a beartrap? It didn't get to the trendline mentioned earlier yet. UJ is taking a sharp dive at the same time.

Forex Made Millionaire Thread for Blog Swing Trades

Right. My trading experience amounts to only five months of boom and bust. And I'm definitely being overly aggressive about it. The plan was to cut lots vs balance down once I built more of a balance.

Forex Made Millionaire Thread for Blog Swing Trades

This is nearly how I feel today, lol. I know the retrace is overdue but always manage to get run over. And then think the long is done, overexcited about shorting, then that gets stopped out. Desperate to recover lost money I'd take more poorly ...

Forex Made Millionaire Thread for Blog Swing Trades

H1 resistance falls around 156.15, you don't see it holding up?

Forex Made Millionaire Thread for Blog Swing Trades

Not the place for that, sorry.

Forex Made Millionaire Thread for Blog Swing Trades

This was a big struggle for me this week. When gbp pairs gapped in the favorable direction at weekly open, I felt like I had missed my chance from the get go. I should have kept my composure and hopped in after the first retrace.

Forex Made Millionaire Thread for Blog Swing Trades

It's feeling like the GJ train left without me.

Forex Made Millionaire Thread for Blog Swing Trades

I've only been trading for five months! I just studied very hard. Oh, for sure. I guess I am lucky to have a trustworthy broker, to the best of my knowledge. Half a pip of slippage is the worst I've ever seen, and only when I was micro.

Forex Made Millionaire Thread for Blog Swing Trades

Sitting at your desk all day is not a requirement, at all. Do you use stop loss and take profit? Whatever happens in the market, these levels would manage your trade while you are away. If it hits SL, so be it. Just one trade with many more to come. ...

Forex Made Millionaire Thread for Blog Swing Trades

Meanwhile over in USDJPY, some ZZZZZZZZZ. lol Only 200 pips in over 70 hours.

Forex Made Millionaire Thread for Blog Swing Trades

Yeah, I'm thinking it may just be consolidating until tomorrow's news. Saw various pairs making triangles (h1) across the board. Slow day.

Forex Made Millionaire Thread for Blog Swing Trades

Very busy chart you have there...I guess I'll take your word for it, lol.

Forex Made Millionaire Thread for Blog Swing Trades

Getting pretty snooze. Possible triangle?

Forex Made Millionaire Thread for Blog Swing Trades

Crosshair in MT4, Ctrl + F You just have to remember the number in the middle, that's the pips. You mean there's a better tool than that?

Forex Made Millionaire Thread for Blog Swing Trades

Like just to see how much money you'll make? I would caution against this practice. You don't want to let emotions into it and get caught acting on greed or anything. Be happy with whatever price action gives you. Trading in the Zone - Mark ...

Forex Made Millionaire Thread for Blog Swing Trades

Seems to have cleared your support there and it's good to go. Great find.

Forex Made Millionaire Thread for Blog Swing Trades

I find it pretty exciting and rewarding. A lot better than something taking hours to crawl to the point of proving me wrong. lol EURGBP would be my second favorite.

Forex Made Millionaire Thread for Blog Swing Trades