
Never Lose Again
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- aliassmith
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- aliassmith
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Sell at 1.6509 Exit at 1.6496. Bottom blue line was my target, trying to work on figuring out good targets to set so I'm able to get more of the pips available with more certainty. I based the target off the fact that price seemed to bounce off that point a couple times prior, but price quickly dropped another 20 pips beyond.
Should I be happy with what I got for just starting this ZL trading? or should I have moved up to the H1 or H4 and picked a target off there, seems like 1.6478 off the H1 chart might have been a better target decision.

Should I be happy with what I got for just starting this ZL trading? or should I have moved up to the H1 or H4 and picked a target off there, seems like 1.6478 off the H1 chart might have been a better target decision.

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spa wrote:ZL attempt...
1h ZL with a clear 5min entry ..got stoped for -15 (entry marked with smal triangle in the midlle picture)
was it a justifiable trade?
again i do this a little different than MO
the pressure was long of the h4 that you have marked
would i have tried that trade-- probably so
i wouldn't use a 15 pip stop on the beast though-- after that push through you could have got out at a better price--not much better but still.
then knowing the bias is truly long of the h4-- once we pushed through with some momo i would have covered or got stopped and traded it long----most likely--- recouping my loss and then some. i dont trade that pair so i am not absolutely sure
i was trading the ej
bias was long of h4

Bend over and assume the position for another 4 years of hope and change.
- pablo101
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es/pip wrote:spa wrote:ZL attempt...
1h ZL with a clear 5min entry ..got stoped for -15 (entry marked with smal triangle in the midlle picture)
was it a justifiable trade?
again i do this a little different than MO
the pressure was long of the h4 that you have marked
would i have tried that trade-- probably so
i wouldn't use a 15 pip stop on the beast though-- after that push through you could have got out at a better price--not much better but still.
then knowing the bias is truly long of the h4-- once we pushed through with some momo i would have covered or got stopped and traded it long----most likely--- recouping my loss and then some. i dont trade that pair so i am not absolutely sure
i was trading the ej
bias was long of h4
Nice trading
Last edited by pablo101 on Tue May 04, 2010 5:30 am, edited 1 time in total.
- aliassmith
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bakaender wrote:Sell at 1.6509 Exit at 1.6496. Bottom blue line was my target, trying to work on figuring out good targets to set so I'm able to get more of the pips available with more certainty. I based the target off the fact that price seemed to bounce off that point a couple times prior, but price quickly dropped another 20 pips beyond.
Should I be happy with what I got for just starting this ZL trading? or should I have moved up to the H1 or H4 and picked a target off there, seems like 1.6478 off the H1 chart might have been a better target decision.
If you look at the second to last candle (white) and see where the bottom of it is then look left. You will see held profit which is a good target also.
lukx wrote:another loosing day:
" another losing day"
" its like this everytime"
because you are negative is the main reason it is like that
if you think you are going to lose than u will lose---i dont give a poop what you know or think u know-- if you are negative then you will lose money--------------PERIOD.
i am not sure what else to say
go back and read MO's posts
you got zl'ed onn your first one instead of taking a profit
you could have got out at b/e small loss on most of those
others you let go against you by 20 pips or so when you could have gotten out at be or a small loss.
you continued to try and play it when it was not working while it was making lower highs
maybe you cant trade like i trade
i am just showing what i see and trying to give back since i got the stuff i am using from this forum from MO
I dont do it EXACTLY the same as MO presented.
If you cant do it this way do what tro is doing or what dchappy is doing
Bend over and assume the position for another 4 years of hope and change.
- prochargedmopar
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Why?
I was short....saw -5 pips drawdown a couple times, then added a 2nd entry when I got in profit......
Then I exit for 7.x pips total.
Mother .......
see what happened afterward, exactly what I thought was going to happen.
EUR/JPY 3 S 134.413 134.398 1.5 0.49 0.00 9/17/2009 07:50 9/17/2009 07:52
EUR/JPY 3 S 134.463 134.400 6.3 2.07 0.00 9/17/2009 07:36 9/17/2009 07:52
Yes, and more missed opportunities here too, that I was long on.
Hmmmm
EUR/JPY 3 B 134.345 134.338 -0.7 -0.23 0.00 9/17/2009 08:41 9/17/2009 08:43
EUR/JPY 3 B 134.290 134.338 4.8 1.58 0.00 9/17/2009 08:42 9/17/2009 08:43
I feel ya future winner dude!!!!!!!!!!!!
I'm getting grumpy.
Oh, and that big candle to the left kept going for a ways...........

I was short....saw -5 pips drawdown a couple times, then added a 2nd entry when I got in profit......
Then I exit for 7.x pips total.
Mother .......
see what happened afterward, exactly what I thought was going to happen.
EUR/JPY 3 S 134.413 134.398 1.5 0.49 0.00 9/17/2009 07:50 9/17/2009 07:52
EUR/JPY 3 S 134.463 134.400 6.3 2.07 0.00 9/17/2009 07:36 9/17/2009 07:52
Yes, and more missed opportunities here too, that I was long on.
Hmmmm
EUR/JPY 3 B 134.345 134.338 -0.7 -0.23 0.00 9/17/2009 08:41 9/17/2009 08:43
EUR/JPY 3 B 134.290 134.338 4.8 1.58 0.00 9/17/2009 08:42 9/17/2009 08:43
I feel ya future winner dude!!!!!!!!!!!!
I'm getting grumpy.
Oh, and that big candle to the left kept going for a ways...........

#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
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