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- Paulette replied Apr 7, 2010
Luck or High Probability? I take higher probability, luck tends to run out... There is a saying: "you need to be the casino owner, turning the probability into your favor" that is where I see us heading... hahaha forget all of that, just make pips, ...
Trend Trading All Pairs
- Paulette replied Apr 7, 2010
Hi Custos Please elaborate on "stopped using targets"
I only use a 20% take-off/take-out when I move my SL to BE after # pips = to SL... Thereafter I "trail" my SL on S/R levels (including RN's & Fib levels), which means retracements take ...Trend Trading All Pairs
- Paulette replied Apr 7, 2010
I missed EU, was away, but lets hold thumbs and see the setup develop according to plan
Trend Trading All Pairs
- Paulette replied Apr 7, 2010
Glad you mentioned the ADR's - it has been on the short end of the stick this week, exceeded daily... Lets see what it will yield today, worse case some consolidation at the 14250-14200 level with possibly more movement today and some more downward ...
Trend Trading All Pairs
- Paulette replied Apr 7, 2010
Ditto, my entry was slightly earlier - 14290 on 1hr as trigger... now locked in 50, SL @ BE with 20% of stake banked... Lets see what she will do for the rest of the day....
Trend Trading All Pairs
- Paulette replied Apr 7, 2010
agree, will wait for it below RN... The Asian sessions have been big this week - ADR's on most pairs 2/3's completion before open of London
Trend Trading All Pairs
- Paulette replied Mar 31, 2010
I absolutely agree, when in doubt and you are not sure of your probability stack, then sit and wait - rather miss one opportunity than loose hard earned pips...
Trend Trading All Pairs
- Paulette replied Mar 31, 2010
love it, diversity continues... Often I have taken a trade in opposite direction to Custos... Just in Trade Management - take your risk off as soon as you can and monitor the rest. We are all standing in front of the same charts but our views are ...Trend Trading All Pairs
- Paulette replied Mar 29, 2010
looks like a little consolidation on EU at 1.3450 area, then lets wait and see if she dips below into the entry... EUR/AUD - that was just like a train during the Asian session, did anyone get in on that?
Trend Trading All Pairs
- Paulette replied Mar 29, 2010
Similarly I see CAD/JPY is knocking on that 90.50 again, I lets see if she moves above and will turn resistance into support... we might have some longs then...
Trend Trading All Pairs
- Paulette replied Mar 29, 2010
No not shocking, the only long I had was a counter trend scalp - look at all the charts, we are trading trend, trend is down, trades should be shorts...
Did you also notice the losses have been less and the R:R good?Trend Trading All Pairs
- Paulette replied Mar 29, 2010
Also you have at least a potential range of 200 - 400 pips to move in before it starts making a lower low and by then you need to be @ BE I would hope with some % banked (EDIT: TP1 and SL) at BE...
Trend Trading All Pairs
- Paulette replied Mar 29, 2010
Hi Shahroor, it is starting to look like a very nice setup, now waiting for b-p-c to get in...
Trend Trading All Pairs
- Paulette replied Mar 29, 2010
Oh No - I missed the move, Asian was way to quick on this one...
Trend Trading All Pairs
- Paulette replied Mar 25, 2010
I agree on RN's and SL / Entry levels, my take is more around 5-10 pips depending on the relevant pair for entries.
Trend Trading All Pairs
- Paulette replied Mar 25, 2010
Thanxs for heads-up - will definately do, fortunately stop is already at BE... UPDATE: NM - UCad did exactly that, took me out - never mind, +50 (+40 & +10) bankedTrend Trading All Pairs
- Paulette replied Mar 25, 2010
Agree, if it can get thru and stay above we might be in for some upside...
Trend Trading All Pairs