PA, S/R, ZL, EXTREMES & MOMO

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scratty
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Postby scratty » Wed Mar 09, 2011 2:22 pm

+10: nice one es! =D> a ~4-5R return for you... should make your day look much better already :D

es/pip wrote:out +2 gu

+10 eu

my last closed eu h4 is momo up
Lose professionally!

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scratty
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Postby scratty » Wed Mar 09, 2011 2:28 pm

your doing a great job! =D> i just try to learn ;-)
thanks for your explanations.

I was just interessted in how you manage it. Because always when i let my trades run against me that far i dont limit my losses consequently because of emotion i think. Then i keep it longer than i should which makes them way too big. Thats why i stopped letting them run against me so far. This matches more to my psych i think...

if you have a style that works it doesnt realy matters how it looks like, right? :D

FXfreak wrote:
scratty wrote:hi fxfreak

price went ~30Pips against you. When would you exit if the movement is against you?

FXfreak wrote:Took profit at 40. Sell at 38. I hope to see a retracement. I have no take profit yet. yiihaaa :D

Image


----------------------
EDIT

out +15

56 + 15 = 71 pips for today!


I would have accepted A LOT! As I wrote next support would have been 25/35. If this support would not have been good for a reversal I would have been out with a loss of 50-80 pips.

i would pay that from my profits! with a small sl i'm always afraid that i could be wrong. but when a trade is 30 pips against me that doesn't mean that my analysis is wrong. it is only trading without confirmation from m5.

look at my entry short at 40. no confirmation from m5. i was sure price would retrace. but price could easily have spiked up to 50 or 60. in this case my sl would have been near 70.

now i add 71 pips to my sl :-)
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scratty
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Postby scratty » Wed Mar 09, 2011 2:30 pm

long eu again...
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Postby scratty » Wed Mar 09, 2011 2:30 pm

+3 :oops:
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karol
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Postby karol » Wed Mar 09, 2011 2:31 pm

Closed previous EU long @ +30 a while ago and now I'm long again (3904).

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Postby scratty » Wed Mar 09, 2011 2:31 pm

short EU from 3910 (m30 z-line)
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Postby scratty » Wed Mar 09, 2011 2:35 pm

exit +5

... too early again probably. But better something than nothing :roll:
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Postby es/pip » Wed Mar 09, 2011 2:37 pm

got in on the m1 bounce in at 08
Bend over and assume the position for another 4 years of hope and change.

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Postby es/pip » Wed Mar 09, 2011 2:38 pm

88 targ for me
Bend over and assume the position for another 4 years of hope and change.

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Postby es/pip » Wed Mar 09, 2011 2:39 pm

will watch now how these m5 bars close since it is starting to go , and will watch the pivot low here

and decide what to do with it
Bend over and assume the position for another 4 years of hope and change.

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