"AUSSI" my thread and anything I want to put here

As the whole idea here is to encourage new traders, I will expand on the above comment.
As new traders watch there trades unfold I will explain why I closed some of my positions early.
Another important aspect with the visual side of a trade is giving it a chance to break through a past area deemed important from your preemptive assessment, who is to say that it will not do so with vigour. That area in my above example was last weeks high.
Most times the trade will give you a clue that it has meet resistance, velocity changes, and a bit of bounce comes in.
As the whole idea of trading is to secure profit foremost, You at that point have three choices, 1st exit the trade, 2nd move your stop up to a tight position or 3rd take part profit move your stop to a position which allows wiggle room for the trade to possibly develop in your favour.
In the above trade 3rd was my choice.
You will be surprised as to how many so called traders will allow a small loss turn into a very substantive loss through bad practice.
The above practise of taking some of your trade off and moving the stop to protect what is left is not only essential to survive but has the effect of putting the trader in a state of accomplishment which is as every bit as critical as taking the trade in the first place.
Proof of what I have said can be seen in the learner comments over and over again, they have not put a trade plan in place or use this simple technique to enforce there actions and they panic as a response.
I see my stop on the second have has been taken out, but guess what I have secured profit on both parts of the trade, but most importantly with absolutely no anxiousness, so on to the next trade with out fear.
Cheers

Lol,, hope tht can be laid to rest ,,



ya gold bugs ,, probably a poking and a prodding here till its back thru ,, time will ,, ,,weekly open and pivot would be next if/when thru here ,,, ,, chore time and another day begins ,, have a great one all

Love it, love it, love it.
Cracked it once again Diggs.
Great to see.
Cheers

prtty bg QT lvl in thr arnd 1722 needs a good pke thru it ,, but its a wrking on it

shld b bout ready to pop if its gonna ,,

EURUSD update

Seems some political events are to blame for to days market moves.
Careful as your stops will not prevent account lose in a sudden and violent spiking big move, spikes well a certainty I would say.
I am outer here for now, put will be keeping an eye on opportunity from it.
Cheers all.

Gold homework.
Having a real battle around this 1720 level.
Sitting above the open, above WP & YP.
Flip flopping around the 30m 200ma.

Waiting for the US session to take it up?

Reckon the usa keeps buying er up ,, now tht yesterdays high is gone ,, they may poke er down somewhere 1st but kinda getting into it now , if one payed attension to them tails and bodies it could be pieced together ,, ,

signal line had crossed and above fifty line ,,

AS usual ,, slow till it isint ,, every drop near the ole weekly S 1 was getting bought ,, now the "it isint" part is kicking in

Its friday ,, does the usa drop it to a support say like around 1722 then add to the days high ,, or do they keep pouring it on ,,, or since its friday do theysay fck it and not do much of anything ,,, thts where its at ,,

A high ,, a low ,, a mid point , go figure ayy , where is it going ? ,,

Last quarters high used for support ,, the trip back to last high half done ,,, does it continue or did it forget something lol

Dosent matter how ya slice it ,, business is done in quarters ,, Last thursday and friday it got under the ole m30 200 ,, who done what where ,,, was support being bought or was res being sold ,,, since tht quarterly high was poked it has been getting bought other thn the usa ,,they sold res ,,, and they are the ones tht bought it the day it got back above it ,,or closed out shorts same thing ,, ,, what do they do today and tht is how the merry go round spins,,, whats it above whats it below and what pieces do I have right now

Dosent matter what time frame ,, tht is wtf happened and where ,,and by whom ,, lol, top down forest view ,,, bottom up the path thru the forest ,, draw a few lines on an hourly and watching a few tails and bodies and understand what the fck is happening,, and when ,,you will be just fine ,,

You eur traders ,, for what ever reason the powers tht be said the line is here lol,,does the fcking reason really matter ,,, not if ya want the cash

And when you understand wtf is happening and who done what from where ,, you may even be late because you were posting charts but still get your shekel lol,, still havent heard or if we have decided ,,, is it just 10 pips or is it 10 per position,, dnt much give a fck either way ,,any rate ,,, back to what I am ,,, shekel made ,my trading job done ,cheers all ,

man no lie digger I missed ya I look at you as a teacher good to have you back.... and great job as always.

Put me to shame diggs, 140 odd pips from euro today not complaining though