lukx zline trading log + cfabian p.35 + adaseb p.48

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Fxtraveller
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Postby Fxtraveller » Fri May 14, 2010 1:38 pm

Jeez , this is easy
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IN-XS
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Postby IN-XS » Fri May 14, 2010 1:49 pm

Fxtraveller wrote:Jeez , this is easy


Nice! I was in on that also got +70, you can see my entry and exit on the chart.

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spa
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Postby spa » Fri May 14, 2010 1:52 pm

IN-XS wrote:
Fxtraveller wrote:Jeez , this is easy


Nice! I was in on that also got +70, you can see my entry and exit on the chart.

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brilliant... similar setup was on most pairs..EU, GU, GJ... just to bad i was to late :roll:

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IN-XS
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Postby IN-XS » Fri May 14, 2010 2:08 pm

Thanks Spa,

Yeah you do have to be quick when trading like this. I missed the setup previous, as shown on Fxtraveller's chart, made sure I caught the next one though. I still dont have confidence, with regards to where the bottom might be, so I closed at what I thought to be good S&R, but I see it has now made a new low.

Fxtraveller
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Postby Fxtraveller » Fri May 14, 2010 2:17 pm

Yeah, I have confidence in where I enter, chickening out is my biggest problem. Cant hold.
I think it is because I spent an entire year on worthless systems with 20-30 pips TPs. So my mind is blocked with 20-30 pips.... Need to break these chains one day.
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IN-XS
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Postby IN-XS » Fri May 14, 2010 2:29 pm

Fxtraveller wrote:Yeah, I have confidence in where I enter, chickening out is my biggest problem. Cant hold.
I think it is because I spent an entire year on worthless systems with 20-30 pips TPs. So my mind is blocked with 20-30 pips.... Need to break these chains one day.


LOL! I have the same problem, if I had a better idea of which direction to trade in, it would probably cure this. I got +35 on this trade, but it felt wrong and every bone in my body was telling me to close, so I did. This again is because I might be hitting the bottom and unless it starts to support, which it has'nt, then I dont know if it has reached the end of the line.

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newark18
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Postby newark18 » Fri May 14, 2010 2:33 pm

EJ just doesn't wnt to push below this S&R point right now but if it does watch out. I think all the other pairs are waiting for the same thing.
Failure is an opportunity to learn.

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newark18
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Postby newark18 » Fri May 14, 2010 2:35 pm

see ya
Failure is an opportunity to learn.

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IN-XS
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Postby IN-XS » Fri May 14, 2010 2:39 pm

newark18 wrote:see ya


I hate when that happens, just as I get out, it takes off!

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IN-XS
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Postby IN-XS » Fri May 14, 2010 2:41 pm

Wonder if it will get down to around 113.617, where the wick is on the daily chart. Looks like a good target to me.

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