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- MJ12 replied Apr 27, 2011
This one was a loser. I'm sad to say i regretted it after taking it as i have not been trading for the last two days and i was not 'familiar' with the market and took it as a stand alone setup. I have in my rules to only trade cross pairs when there ...
- MJ12 replied Apr 21, 2011
EU trade — Did something a bit different with this trade and took 25% off the table at the FTA then moved my stop below my entry so that if i got hit i would not lose any money overall on the trade. This was good as price came back and took ...
- MJ12 replied Apr 21, 2011
Hi, Back after a break from trading. This looked a good setup to me but looks to be in trouble right now. I have a 25 pip stop entry at 4550. I noticed there was news so maybe this should have put me off. Anyway looking forward to joining the ...
- MJ12 replied Apr 13, 2011
1st position closed +0.95R. 2nd position target = .8888 Stopped for BE on 2nd position. On the Previous EG trade, my 2nd target was hit for a 2.46R win.
- MJ12 replied Apr 11, 2011
I'm trading with 1 position which i take profit at 1R or there abouts and another position which i try for a daily or weekly level. Just come back from being out. I wasn't happy with my trading today. My worst in a few months. There was a lack of ...
- MJ12 replied Apr 8, 2011
This was the UJ trade. The second position nearly hit the TP but just came down and hit my stop under the whole number for 0.91R.
- MJ12 replied Apr 8, 2011
This was the GU trade i entered to soon which caused me to deviate from my plan...
- MJ12 replied Apr 7, 2011
This was a nice one — Missed this as i was in UJ. This was a far better setup.
- MJ12 replied Apr 7, 2011
EG Stopped OUT — This was a stop on EG, i have to question whether i should have been trying to play this pair given the upcoming big figures and the fact it had broken the trend line. I guess in the back of my mind i was thinking that the BOE ...
- MJ12 replied Apr 7, 2011
Stopped out on this minutes before news sent it shooting in my direction. Seemed like a weird spike on GBP minutes before news did the trick, hmmm!. A few potential trades i can see right now but not much setting up at the moment.
- MJ12 replied Apr 7, 2011
Yes heres a shot of the euro right now. reasons i considered as negatives for the setup before entry were 1. The portugal news 2. The daily trendline was broken so there is now more of a bias to the shortside 3. The upcoming news on both these pairs ...
- MJ12 replied Apr 6, 2011
'x' charts — I'm really wanting to get more into understanding the correlations as it seems very important for scoping out the potential of certain moves and which trades are more likely to work. I was trying to think of ways that would enable ...
- MJ12 replied Apr 6, 2011
Order canceled on the EG. i wanted to put my order two pips below the lows at 99 at 97 was this the right area for you Lj???. Sorry to keep on with this but its important i get it right. I think i'll make a hard and fast rule to enter 3 pips below ...
- MJ12 replied Apr 6, 2011
So i think i have the AU trade - i was a bit torn between where to enter this one (the 50% the 61% or in between) so i left it. The GBPAUD trade is very clear but i did not trade it as i could see no fib confluence. Is this an example of where you ...
- MJ12 replied Apr 5, 2011
Thanks for the info LJ. Just missed two trades i wanted to take today. The EU i had the right area but missed entry by half a pip - if you were going to take this trade would your entry have been 3 pips above the sub level RN? mine was 1 pip above ...
- MJ12 replied Apr 4, 2011
1. UC BE — Made a good entry here but i got nervous with the subsequent price action and moved my stop to BE. This was obviously a mistake since i would have taken profit on one of my positions by now. Trade location was good trade management ...
- MJ12 replied Mar 31, 2011
Two bad trades i took yesterday. The first i realized was a bad trade and came out of it for a small loss and the second i had ample opportunity to move to BE and i didn't which proves there are still some demons still lurking. I've cleaned up my ...
- MJ12 replied Mar 31, 2011
....And where people were exiting from that daily pin looked to be a great long opportunity. Unfortunately i havn't mastered correct entry let alone exit and USDCHF missed me by a pip. Thoughts i had today on entry were a. Really clean highly ...
- MJ12 replied Mar 30, 2011
Thanks so much, will continue on with the mindset aspects and try and focus more of my energy in those areas - i know it will take time though. What i saw on the gold trade was a powerful breakout and pullback to a daily level which price had ...
- MJ12 replied Mar 30, 2011
I'm bit confused here, are you referring to the EG long today or last week. I assume last week as you mention the first time back. If so then what were the reasons for entering at the 50 rn as opposed to the former highs of resistance?. Also i had ...