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- Duke900 replied May 11, 2012
while I wrote the last dribble... price has gone up... T2=12956... stop above this... price rearly goes to T2... as you have seen. But when it runs... nothing stop ir!
5min Trading / EURUSD / From LO
- Duke900 replied May 11, 2012
Ok my system has a sell at 12938 High 12950... T2 = 12956 and I have confirmation bar... but the low of the bar has not been taken out yet...... dam hope it gets there.... ease my pain.... -20pips
5min Trading / EURUSD / From LO
- Duke900 replied May 11, 2012
50% = 12937 T1= 12930 looks like 50% is a pause... I hope price now 12940
5min Trading / EURUSD / From LO
- Duke900 replied May 11, 2012
time to look for low targets and ranges... where to get out... or exit to minimise my lose... high 12950 T1=12913... T2= 12875
5min Trading / EURUSD / From LO
- Duke900 replied May 11, 2012
Did price do what I expected...? Looks like it has now...cool... -11
5min Trading / EURUSD / From LO
- Duke900 replied May 11, 2012
-15pips now you see what I mean... do i think price has reversed or take the opurtunity to exit for a good price and wait for the next mint setup...? I know they come along often!
5min Trading / EURUSD / From LO
- Duke900 replied May 11, 2012
12904 + 52 = 12956 I should be clearer... daaa
5min Trading / EURUSD / From LO
- Duke900 replied May 11, 2012
I have zoomed out... I am looking for a good reason why price has stopped here... so zooming out gives me the big picture. double bottom low... yea.. must do the 200% long rule... so lets see. low one 12904 lowtwo 12904 top off the "W" is 12930... ...
5min Trading / EURUSD / From LO
- Duke900 replied May 11, 2012
Though I should look at the ranges... last range long = 12944... 150% Ok thats a reason for the run up and pause or reverse.. no one knows... Takes the high out... and i am stopped... should not have taken this trade... follow my rules. Now you know ...
5min Trading / EURUSD / From LO
- Duke900 replied May 11, 2012
not enjoying the run up... so I am looking for a stop... next level 12956... cant hang on until then... so I avg the two prices...12930 and 12956.../ 2 = 12943... and a double top... the other high 12943. so I wait
5min Trading / EURUSD / From LO
- Duke900 replied May 11, 2012
OK... the good thing about the way I trade... currently -6.4pips... cause its a resistance level... I know that as it was target price. I have not waited for confirmation... but price has not run away... that gives me hope....... and that is not ...
5min Trading / EURUSD / From LO
- Duke900 replied May 11, 2012
No divergance on the 5min macd... I dont like that. I am sterting to learn that the trades with divergance are 90%... spot on... add the other entry thing i have noticed is the speed the market goes in to... the traget price and reverses... faster ...
5min Trading / EURUSD / From LO
- Duke900 replied May 11, 2012
now looking at tonight. first up.. take low..12904 zooming out 5min low.. T1= 12930 high NOW 12935 Sold 12930.... NOT following rules... have not waited for MACD.. confirmation... I may well regrete this... I created rules for a reason!
5min Trading / EURUSD / From LO
- Duke900 replied May 11, 2012
I thought i would start off with yesterdays trades... I thought about them all day... pissed my off to be frank. image What do you see? 1) Got a great sell , high in... I know i dont loss very often if i follow the rules.. fact is.. laround 10%. ...
5min Trading / EURUSD / From LO
- Duke900 replied May 10, 2012
stop in place... added at 12953...short.. off to bed! good night
5min Trading / EURUSD / From LO
- Duke900 replied May 10, 2012
oh dear ... error.. low 12923 ..T1=12954
5min Trading / EURUSD / From LO
- Duke900 replied May 10, 2012
I do not like this retracment... T1 from the low is 12975... i do not want to see PA around these levels... long term lets wait and see... but I should of taken profit at original traget +30. Larger profit means less chance of positive result.... ...
5min Trading / EURUSD / From LO
- Duke900 replied May 10, 2012
just for fun... I like to see how close to the number I can get... everynow and then its perfect... and i love it! lows so far in posts stated tonight.. 12873 12875 12872 avg = 128732.....my profit 12880 (80pips) All this planning can turn to shit ...
5min Trading / EURUSD / From LO
- Duke900 replied May 10, 2012
the high was as expected.. that means i use it for the next price target. If the high or low does dont make sense... as fit the mold i ignore it. so last higfh... which worked... 12945 T1=12909 T2=12873 again T2 is looking good.
5min Trading / EURUSD / From LO