Went long. Looking at Renkos,i can see why you headed south. Still playing around/ getting use to it.
Today is like picking cherries from a tree. Love these kinds of days. Hope you all have a great day. I am done. Cheers!
A 4+hr scalp trade, pffff. Wtf, lol. Had time to take a nap, then shower had some lunch, etc. all because I was to stubborn to close it .2 pips below my target, lol. Think I am deranged a bit. Ah well, at least she gave. Follow your rules they say! Think i will call it a day now. lol. Night y'all.
Follow your rules they said... you'll make profit, they said... Also, if this thread is for everyone trading EURUSD, maybe we should start a "Interactive Trading" section. Mmm.. *thinks*
ha, just thought about the same before i saw your post. fix a pair maybe (e.g. fiber) and get a lot of different opinions based on different approaches. could be interesting
Event play: Mixed news and unemployment numbers, but still a reason to break the uptrend. Down she goes.. (15 min chart) I've already taken 7/8th's of my position off at 1.38009s and 1.37992s on the way down (even penny number, plus ~2.5:1 RR.) The rest is just sitting there hoping that price runs what appears to be a level with potential stops bunched but.. but if that I get knocked out of the trade in profit on the last bit it really won't matter as the lion's share of the profit is booked. I hardly ever get in pre-news release... 95% of the time I wait til the release and watch to see the reaction in the market first before jumping in... I got tempted by a clean uptrend line on an hourly chart that just looked ripe for a violation, but honestly, it probably wasn't worth the risk of getting slipped on some shock news release. My stop was set just 15 pips away.. so at least if I was going to get slipped hard it would trigger sooner than later.
Nice! And others using ICT based approaches called the long too. I love how my methods had me take profit on my shorts earlier at a level I thought was likely the best exit.. while other methods marked that same level as their entry. Money both ways. Solid entry too.. spent nearly no time down there and powered back up.
Good work! I am noticing the Dollar has broken last months high and low this month, so the move out of these current levels, will probably be quite substantial when it gets a move on, either long or short. There is still the gap in fiber and Dollar from two Mondays ago to think about to
Notice the 2011 Fifty Fib level, that was last months high! Have a good video on Fiber, Cable & USDX coming
