I will get into my market theories, etc. later, but for now let me post my first trade.
EURUSD
Position: Long
Entry price: Buy at market (1.3093)
Stop Loss: 1.3040
EURUSD
Position: Long
Entry price: Buy at market (1.3093)
Stop Loss: 1.3040
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Quoting CraigDislikedWhat on earth made you go long on the EUR/USD??Ignored
Quoting CraigDislikedOnly asking the question, I hardly think the last couple of days have required a crystal ball. Once the second to last candle opened below the trend line I thought it was a no brainer. But anyway I am just curious.Ignored
Quoting magicfxDislikedhiya,
as turbo said, its rude to comment, but i would look at placing my stops a little closer, and consider moving them to lock in profits. I like your entry point for a buy on this occasion but not sure going long under the 1.13150 pivot is a good idea, and certainly not unless it goes over 1.3050 convincingly.
i would be interested in hearing about your trading strategy, term of trades, exposure, experience. but the last two trades posted didnt seem like a very
good idea, but only because it didnt fit my trading strategy, nothing more than that. hope your not insulted, thats not my intention. everyone in this forum is here to helpIgnored
Quoting magicfxDislikedhi average yuppy,
Sounds good, how do you calculate your stops, are they based on monthly/yearly support/resistance levels, option barriers or other, this
is something i am always interested in, the more you can learn about these
crutial points the better your entry/exit.Ignored
Quoting magicfxDislikedcool sounds interesting, look forwards to it, and good luckIgnored
DislikedModify Trade Signal #4
Change stop to 1.2743, increase position size at market price (1.2917) to reflect 1% maximum loss if stop is hit.Ignored
DislikedMarket conditions have changed.
Modify Trade signal #4 Buy EUR/USD
Move stop back to 1.2743. Risk is 1%
Entry: Market price (Around 1.2920)
Stop Loss: 1.2743
Amount to risk: 1% (half position)
Current P/L: -.5%Ignored