£50/pip eur/usd 5k account.

[kimo'sabby]

First trade. buy 2160 50pt stop 50pt target.

 

[Black Swan]

First trade. buy 2160 50pt stop 50pt target.

cool...

 

[kimo'sabby]

cool...

I may drop the trade at 2205, i'm looking at the hourlies so hopefully it will get there. Not quite 1 for 1, but near enough.

 

[kimo'sabby]

Also, i could move the trade to b/e but i don't want have to be managing forum trades every 15 minutes.

 

[pocrel]

nice trade of the hourly pinbar into support, well done

 

[brettus]

Anyone trading FX with TA will get killed eventually using this leverage. I just hope you win a few times first. It's like betting on red on roulette and doubling up your bet if you lose, eventually black will come out 10 times in a row and take everything. I know guys who can make money this way, but not using TA, only knowing massive bank orders, as well as being able to move the market themselves. Eventually they take a hit though.

 

[Black Swan]

I may drop the trade at 2205, i'm looking at the hourlies so hopefully it will get there. Not quite 1 for 1, but near enough.

cracking start buddy...all that in your 'Bill Grundys' too...

 

[Lord Flasheart]

impressive start,

 

[kimo'sabby]

Cheers guys.

When i started this thread i was full of lager on Friday night. Two things i would mention, one obvious, one not so obvious.

1) Risking too much of account.
2) Trade management. I actually trade the eurdol but i can't possibly post all my trade management.

Point two is my lesson for today. I now know why people don't start journals, or if they do, they don't keep them going for that long. What have i got myself into?

 

[kimo'sabby]

Second trade. Buy limit 2250 50:50.

 

[pocrel]

seems like you made some pips, any reason for the trade?

 

[Lord Flasheart]

seems like you made some pips, any reason for the trade?

im also curious as to why you took that trade,there doesnt seem to be anything there,please explain

 

[pocrel]

perhaps he was hoping this support line would hold ?

hope you dont mind me posting a chart here

 

[kimo'sabby]

View attachment 86372

perhaps he was hoping this support line would hold ?

hope you dont mind me posting a chart here

Post away dude. I'll have to put my stop to b/e and exit early i'm looking at 2285 as possible resistance.

 

[kimo'sabby]

Towel goes in at 2280. I was expecting something a bit different in terms of pa, it's spooked me out.

 

[Black Swan]

Post away dude. I'll have to put my stop to b/e and exit early i'm looking at 2285 as possible resistance.

Oi!!, remember the first rule of fight club...

 

[kimo'sabby]

Oi!!, remember the first rule of fight club...

Need lager support!

 

[kimo'sabby]

Third trade. Sell 2370 50:50.

 

[kimo'sabby]

Fourth trade. Sell 2400 50:50.

 

[Shakone]

Gutsy to still be holding this into the open. YOu could be out with small profit from the two positions. Good luck with this thread, some excellent trades so far.