I am also long at 1.3751, playing the NY close lowā¦ same target as you HoGā¦ SL is already at B/E
Yep, my charting platform shows pretty much the same except doji after bearish engulfing on my chart is more of a spinning top and star has more of a down wick on mine.
Purely as a question, does star still count as bearish even though itās not the top candle of an up move. I know the engulfing is bearish, but does the star still count as bearish. Appreciate it has long upper shadow.
Since you mentioned it, just moved MY stop to B/E. No point risking anything you donāt have to for such a small trade eh?
For me is not bearishā¦to be bearish has to be on top of the up trend
bearish as you said is the engulfing patternā¦ that is the one formation still in playā¦
Just got stopped out. Had moved my stop up to + 3 pips from my entry but wouldnāt have mattered anyway because, as Iām sure you know, price just dipped below 3765 anyway. So itās off to bed now yunny1. You tread carefully through the night.
Iām off to dream of the luxuries Iāll buy with my + 3 pips LOL!!
HoG
just closed this trade at 1.3781 30 pips in the bag
Shorted EU @1-3703 this morning. Put a target at 1-3567. Stop 1-3760
Already moved my stop down to 1-3693, worse case scenario now +10 pips. Need to start protecting whatās on the table.
Off to work now
Everything going according to plan ST. Happy families
Just about out the door and noticed Iād been stopped out for the + 10. Put the same trade back on again.
Good to hear it - my three are currently at their school photo (younger siblings are allowed to join in) - given that my boys are two, five and six it will be like a chimpsā tea party!
the number one and most important thing i did learn from being a new trader is to know the market can do anything, and even when you think it is āimpossibleā , it can still happen.
Good afternoon together!
Well said! In fact, it is more often likely the āimpossibleā will happen than that what everybody expects.
Nice you guys made a bit profit. Me, too! I shorted yesterday late evening around 13757 and made some nice pips. Not as much as it could, but I wonāt complain. I am very happy with my trade. One reason is I had the stop at 13792 and that was obviously a very good place.
closed that trade for 84 pip profit and place another short position at 1.3837
If we do not retest 1.3650 today then I might not trade at all tomorrow
Nice work all. I took a NZD/USD Short off the Daily chart, which is currently not treating me well - although there is still hope lol - so I am out of EUR/USD today as I did not fancy double the risk.
Anyone know what caused the big spike this morning, mid-morning UK time?
ST
Something to do with Eurozone guys reassuring each other that Euro will not fail or something along that line.
I just heard through the grapevine in babypips chat room. Didnt wanna buy. Sold for healthy profits after news event.
Just my opinion. There is a lower tl at the daily right at 13755 plus another one of the down channel on top at 136 right now. So, lot of setups for swing traders. A news is then just the catalysator to ignite a bigger move/spike.
Thank you for the response, guys. Iām not alone in finding it unusually spiky at the moment, right?
My NZD/USD trade is still alive, but itās a good thing I donāt check in on the chart too often during the day when I have an end of day trade open, as looking at it now it might not have been good for my nerves!
ST
I have reduced my position 50% 157 pip profit
the other 50% will be a free ride since SL is at B/E
So now itās the last trading session for Asia before āthe big summitā So where does Asia go? Does it trade for half the night then close all positions going into the weekend. Does it stay flat completely or does it take a gamble ? I donāt see these guys taking too much of a gamble.
So is flat the order of the session?