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Things aren’t going my way so far, but that’s ok just move on to the next trade.
Ej long at 131.36 looking for 131.95 Based on four hour resistance from 8/2. Stop loss is 130.80
After several hours of the EJ not doing anything I took it out at Even. On to the next trade
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In EJ long again. I just closed a better position for break even. However after looking at it i still think its going up. So opened this postion at 131.48 it looks like or right around that.
Gotta clear the 131.60 resistance first, then smooth sailing to 132
Lone,
Can you take quick look at UJ for a buy…want your input here. TIA
ps: Too busy for live chatroom today?
Keep up good trading; looking forward to see you build up this small account.
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Took a Euro/nzd short here. This is a long term trade. I will hold this one for a week or two if i need too.
UJ probably going to 100.00 at least but buying right now, you’d be in for a swing trade. Put stop under last low 150 pips away. You’re good. Notice how it broke the last high and bounced down to retest it. Furthermore, dollar is showing strength.
Just my 2c
Triple top on the dailies @ 7100? What SL Lone?
I took a look and have added NU to my trades. Short GN, long NU looks good too. NU news coming out later (trade balance on Sunday) should bring price bck up somewhat, which will shoot EN down.
NU mirrors AU are like how EU mirrors GU. AU has already shifted in market structure. It’s a precursor to NU shifting, although there’s no guarantee.
Very nice trading there Kash! You’re good.
My brag is gonna jinx me haha. Notice how my position sizes are terrible though. I’m still a work in progress.
don’t have one on it yet since im here watching charts. Just wait and see how it goes.
My EU short just got kicked out -30 pips.
So far this experiment is going the wrong direction. Again though that’s ok just keep taking the trades and trusting the analysis.
I am getting my lunch handed to me lol. Oh well that’s trading sometimes.
Are you trading during the NYC session? Those are volatile times… maybe asian session would be easier
Sorry for that lone but even best traders have drawdown or bad luck streaks. Trading is where luck meets skill right? Hope things turn soon for you man.
Drew a TL on 5min…upper line = 13385…lower line = 13345. price @13366…long or short here…or wait?
Daily forming a bullish pin.
Just placed a small buy order…like the 2hr, 4hr, 8hr candles been on a tear all day upper 5min TL sits @13385 etc…setting a tight stop
I don’t mind the drawdown things will turn around.
that upper EUR/USD 5 min TL is around 3400…FWIW
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Patience is paying off a bit. In profit overall. For these trades not for the account overall