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- 274 Results (273 Replies, 1 Comments)
- NewbTrader7 replied Aug 29, 2012
holy crap, i was almost stopped out on that retracement.
Cable Update (GBPUSD)
- NewbTrader7 replied Aug 29, 2012
I was looking at the 5 minute chart. Looked like a decent enough pop to me and my stop loss is at break even just in case it was a fake out. I'm also looking at the hourly dollar futures and that broke down from the most recent low trend line.
Cable Update (GBPUSD)
- NewbTrader7 replied Aug 29, 2012
it was a risky entry, but it popped up, and just moved my stop loss to break even, its a free trade now.
Cable Update (GBPUSD)
- NewbTrader7 replied Aug 28, 2012
I think you're right. If price retests that 50 level i'm taking a heavy long, tight stop loss. edit: I think the probability of the long is higher if that 1hr candle closes as a hammer.
EURUSD
- NewbTrader7 replied Aug 28, 2012
the very same thing happened to me last week. kills your confidence level too. Good luck to you too!
EURUSD
- NewbTrader7 replied Aug 28, 2012
anyone else think this level highlighted is good for a long? image
Cable Update (GBPUSD)
- NewbTrader7 replied Aug 28, 2012
that 46 level break out also coincides with the area highlighted in grey with the dollar index futures. It was there that it had a tough time breaking through, finally did and price action has finally come back up to retest that previous support ...
EURUSD
- NewbTrader7 replied Aug 28, 2012
I like this potential setup and am keeping my eye on that level for a long entry as well. I'm currently looking at the dollar futures and it looks like it wants to go up and touch recent resistance and what could possibly be a double top for the ...
EURUSD
- NewbTrader7 replied Aug 28, 2012
I don't know if you can yet but I've already put a stop order at break even in case this thing shoots back up. I too am short, at least for the short term. lol
EURUSD
- NewbTrader7 replied Aug 27, 2012
well, I'm fully awake and ready for round two. I'm being patient, waiting for p/a to hit 2492 for a short entry with a tight stop loss. 2460 is my first tp with 2450 following. image
EURUSD
- NewbTrader7 replied Aug 27, 2012
I know man, I'm trying to get out of this mentality. I take this as a loss but I need to start seeing it as a win. Not winning is better than losing and like you said, I should be happy with what I got, which was plenty enough for the day but you ...
EURUSD
- NewbTrader7 replied Aug 27, 2012
ugh, I had a really good exit from that 2533 short and was looking to reenter a short at around 2507 but missed it by a few pips and was taking a nap ;/...I'm hoping she bounces back before london open to get into another position. sitting on the ...
EURUSD
- NewbTrader7 replied Aug 27, 2012
going to a brazillian bbq place. They always have a good show during lunch hour and the food is amazing! thanks man, i'll be back around 9-10pst, shortly before london open. good luck to everyone. happy pippin pimpin
EURUSD
- NewbTrader7 replied Aug 27, 2012
I think you're right. I closed my position, will wait patiently for something better to develop. I'm extremely happy with what I made from that short. Thanks Rags2Riches for the support and everyone else who gave me advice during this trade. I'm ...
EURUSD
- NewbTrader7 replied Aug 27, 2012
I'm beginning to reevaluate my short position based upon two things. First, we've reached really good support on the hourly chart and is looking somewhat oversold. Secondly, the dollar index closed above an important resistance level but it doesn't ...
EURUSD
- NewbTrader7 replied Aug 27, 2012
why am I the only one excited to see eur/usd to go lower?!! DROP DROP DROP!
EURUSD
- NewbTrader7 replied Aug 27, 2012
I'm still holding on to my short from 2533 and will be looking to take profit around your original target of 2484
EURUSD