PipHacker's Trading Jounral!!!

[Piphacker]

Originally Posted by Piphacker

Short Gbd/Usd @ 2.0007

Wooow I just close My G/U Position for +30 Pip's & All Target profit's are successfully achieved... G/U is still droping & hope so more bearish movement is still expeted... With in an hour +30 Pip's are inthe Pocket of PipHacker ...
Isn't it the wounderfull start of the second month by PipHacker...???
PipHacker!!!

[Piphacker]

Seem's that there is also a short apportunity on Gbd/Jpy which i have missed as im 15/20 Pip's late so i didnt enter inthis trade... ...I,ll try to enter in anyother pair in a day ...Let's see... ...
PipHacker!!!

[Piphacker]

AUd/Usd well Guy's seem's this pair have break the important resistance level in 4-Hour chart which was 0.9390 & after breaking this resistance level so far AUD/USD Moved up to almost +31 Pip's ... Though trend is still up but hope so if AUD/USD successfully break's the 0.9390 resistance level which now have becomes the support level & successfully manage to remain's below this level than hope so some good bearish movement is expected Let's see... ...
PipHacker!!!

[Piphacker]

Short on AUD/USD @ 0.9415

[Piphacker]

Tp = 1 is successfully achieved ...well this pair's movement is very slow im still with +ve Pip's... But i really hate with this sort of slow movement's

[cadarkitek]

Originally Posted by Piphacker

Tp = 1 is successfully achieved ...well this pair's movement is very slow im still with +ve Pip's... But i really hate with this sort of slow movement's

It seems that 1st TP is less than or about 11 pips. Whats you SL on each trade also how many lots per trade?

[Piphacker]

Originally Posted by cadarkitek

It seems that 1st TP is less than or about 11 pips. Whats you SL on each trade also how many lots per trade?

Hi there Guy's...Im just back actually i have closed my Aud/Usd Position on just +7 Pip's though it drop's down to maximum +13 Pip's after my entry ...Well Aud/Usd movement seems to me very slow & i have also said this thing in my last post ...& i really hate to enter in these sort of positions in which i see pair's movement is slow... & most of time i like to exit my position & same i did here... It was a good decision coz now see the Aud/Usd chart... 1st it goes in my favour for +13 Pip's maximum but very slowly lol & i also said this thing in my last post than i exit myself for just +7 Pip's profit & after that Aud/Usd goes for -26 Pip's maximum from my entry but didnt hit my SL which is alway's -40 Pip's....Now see your Aud/Usd chart as i was right still seem's to me a dead sideway's movement even didnt hit my SL or didnt go in my favour for +30 Pip's ....
Anyway's it was nice to exit for just +7 Pip's...
PipHacker!!!

[Piphacker]

Originally Posted by Piphacker

Short on AUD/USD @ 0.9415

Result Just +7 Pip's...
Well It was a nice decision to close my this position for just +7 Pip's as AUD/USD is still struggling, still sideway's movement , Didnt hit my target profit +30 Pip's & even didnt hit My Sl = -40 Pip's...
PipHacker!!!

[mytwopips]

Smart move getting out. You no longer had any justification for being in that trade so you did the right thing. You were not greedy or arrogant about being wrong on your initial entry. This smart judgement let you exit at a gain instead of being stopped out.

Often if I am in the same situation, I will look at the setup again as if I never pulled the trigger. Then ask myself "If I was looking for an entry now, would I take it?". If the answer is no, then it's time to exit.

[Piphacker]

Originally Posted by cadarkitek

It seems that 1st TP is less than or about 11 pips. Whats you SL on each trade also how many lots per trade?

My SL is...............-40 Pip's per trade...
My Target Profit is +30 Pip's per trade...
I Use 2/3 Standard lot's in trades in which im 100% sure about my victory...& Use 5/10-Mini lot's in trades which i do after already winning any other trade in a same day... ...
PipHacker!!!