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- Dcb replied May 12, 2011
You know, It was my own fault. I should have waited until it had clearly shown it was reversing.
Trading For A Living
- Dcb replied May 12, 2011
Stopped out of the short USD/CHF at 0.88706 for a loss of 3.9 PIPs.
Trading For A Living
- Dcb replied May 12, 2011
fx-season, You were right about the EUR/USD, I was stopped at 1.42216 for a loss of 16.2 PIPs. I have tightened my SL for my short position of USD/CHF.
Trading For A Living
- Dcb replied May 12, 2011
You were right about the GBP yesterday. I may be stopped out in my EUR/USD.
Trading For A Living
- Dcb replied May 12, 2011
Good morning fx-season. I bought the EUR/USD at 1.42216 and sold the USD/CHF at 0.88667.
Trading For A Living
- Dcb replied May 12, 2011
I have placed orders to sell U/C at 0.88667 and buy E/U at 1.42215. Now I wait.
Trading For A Living
- Dcb replied May 12, 2011
I am still waiting. I will be selling the USD/CHF, and buying the EUR/USD. I am waiting.
Trading For A Living
- Dcb replied May 12, 2011
Good morning darendse, I have been watching the USD/CHF knock against the 1.8900 range, and I am watching to see if it breaks out. I do not have the confidence to place a long trade. That is why I am siting on the sideline for now. The reverse is ...
Trading For A Living
- Dcb replied May 12, 2011
I looking to see if the USD/CHU continues its climb, and if the EUR/USD continues its decent of if they are developing resistance and support. I am just watching.
Trading For A Living
- Dcb replied May 12, 2011
It is kind of quiet. I am watching the U/C and the E/U.
Trading For A Living
- Dcb replied May 11, 2011
I sold the E/U at 1.43830. I had a TP of 1.43535, and I moved my SL to 1.43659. The price came back and hit my SL. I was taken out at 1.43659 for a 17.1 PIP gain. I did not trade the G/U any more after my initial trade. I do not trade the news, ...
Trading For A Living
- Dcb replied May 11, 2011
fx-season, I bought the G/U at 1.63766 because looking at the chart I thought it would go up. I also expected the G/U to make a run up prior to all of its news. I was correct, but it was a wild ride. I do not know if I would do it again. I left at ...
Trading For A Living
- Dcb replied May 10, 2011
I currently am doing this, but it was a struggle. I have to stay on my plan. I try to use a 20 PIP stop loss. I use the H4 bars to try to detemine direction, but use the H1 or 15min bars to enter. I use an entry order. I do not use a market order. I ...
Day Trading - Can I Make 10% a Month
- Dcb replied May 10, 2011
I started trading futures in 1998, and I started trading FX in 2002. I moved to FX because of the liquidity and the trading hours. I trade the London open, 0700 GMT to 1100 GMT. I trade by only looking at the price patterns, no indicators, just TLs. ...
Day Trading - Can I Make 10% a Month
- Dcb replied May 9, 2011
Good luck! — Good luck to you. I will leaving my job August 2012 to trade full time. I have a goal each week. It is possble if we do not get impatient and over trade. We must stick to our plan. Good luck.
Day Trading - Can I Make 10% a Month
- Dcb replied May 9, 2011
Mon 5/9/11 — I have switched to H1 from 15m. The H1 give me a better view of what is happening.
DCB Journal
- Dcb replied May 9, 2011
Mon 5/9/11 — I have switched to 15M from H4 to find entry points.
DCB Journal
- Dcb replied May 9, 2011
Mon 5/9/11 — I am looking for entry point to buy the EUR/USD and to sell the USD/CHF.
DCB Journal