You’re welcome, Ria. Haha. Really? Then I’m very glad and I’m truly flattered you would say that . And, yes, your journal is a source of learning as I speak from experience. I must say I am also glad (I am) you didn’t go through with quitting trading. I’ve been there, too.
Lol. A deserved win no matter. Congrats on the profits.
Thanks for the suggestion! I used to use trailing stops for my previous system, and tbh, I can’t really remember why I stopped using them. Maybe the next thing I should think about is how many pips away should my trailing stop be.
Thank you Torch! I hope you’re trading is also going well!
Hi guuuuys! Another week, another trade. I’ve closed closed week’s EURUSD trade and I’m looking to bag some profits again this week. What pairs are you guys currently trading?
Good luck to us this week!
USDJPY price is still looking bullish on the hourly, 4H and daily charts. But I’m worried I might be getting in a little too late for this. Maybe I’ll wait for this red candle to close for now before getting in to hopefully bag a few pips.
Hmmm. After a downtrend, bigger green candles are starting to appear on the EURUSD charts. It’s possible that price is going to range for a while before we see as reversal. But between this pair and the yen, I’m leaning more towards opening a trade for USDJPY.
It’s not that obvious on this chart but, depending on at what price this green candle closes, we can see a mini crossover. I’d have to wait for the next candle to close before confirming though.
Looks like the next couple of hours will be filled with waiting and watching. I hope I don’t fall asleep this time!
I’m also sticking to my rule that I have to open a trade first before going around the forums and interacting with people. I kinda unconsciously replied to a post about a trading competition, but I’m back to focusing on opening a trade. it was pretty interesting though!
To get in on a quick trade, I’m thinking of opening a long position for EURUSD and set both my SL and TP within this parallel channel. I’m thinking of putting my TP @ 1.08349 and my SL @1.07750.
Got in this trade. I’ll keep you guys posted, but this might be a really quick one.
I take it back. Trade is already in the green, but it might not be as quick as I thought it would be. I plan to also go to bed in a couple of hours.
Now I really take this back because I’ve been on this trade for a while now. I was supposed to close it last Friday, but seeing that price was moving my direction, I decided to keep it open. I was actually a bit nervous during the weekend cause I saw that price seemed to have been going down. But I guess, that’s the price I have to pay for keeping a trade open over the weekend.
Thankfully, price is still up. Though I’m noticing smaller green candles. I’ll be monitoring this trade and see whether I should close it soon. Anyone else in on this trade?
Another week, another trade!! Helloooooo. It’s my hubby’s birthday week so I’m feeling good and positive. I hope I get to have good trades this week so I can have additional funds for his birthday gift. It’s not going to the couch, but I hope I make him happy with whatever I give him!
Anyway, time to revisit my USDJPY chart to hopefully spot a good entry! Good luck to us this weeeek!
I’m not gonna count this as my trade for the week, so I’ll try to open another trade before I get to interact with people on the forums.
We have a bullish crossover on the 4h chart for USDJPY. I’m tempted to open a short position for this and set my TP @ 151.622. What do you guys think? But I’m kinda worried that a green candle is forming and price might start to move the other way.
I’ve decided to open a short for this pair. I set my SL @ 152.464 and my TP @ 151.657. I’ll keep you guys posted on how this goes, but it looks promising so far.
May the pips be in our favor!