Forex trading live calls and set ups

[leovirgo]

I won't trade through NFP, BOE and FOMC news times. This morning is... well.. one of those 'bends'.. right?

 

[Lord Flasheart]

Leo were both taking a spanking today.Looks like both our stops were hit only to then go the way we wanted

 

[blancspa]

I won't trade through NFP, BOE and FOMC news times. This morning is... well.. one of those 'bends'.. right?

yeah an its seems to me that is the way it is developing, low liquidity befeorehand with tight ranges, you know markets are dynamic, sometimes evolve...I am looking to go long dollar/short term

 

[trendie]

Leo were both taking a spanking today.Looks like both our stops were hit only to then go the way we wanted

make that 3!
I took a beating on GU, as each signal resulted in a whippy reversal. 2 consec losses.

EJ started off at BE, but then took a further 2 losses as each break was reversed.
these "megaphone" type patterns (higher highs and lower-lows), mess up range break-out types, as well as being nasty to those who use previous highs/lows as stops.

there! feel better now.

(great, great thread, leo et al.)

 

[leovirgo]

Leo were both taking a spanking today.Looks like both our stops were hit only to then go the way we wanted

ur right. I had that dreadful feeling last night when I saw all 5 pairs were in Sell mode. It was probably intuitive thinking based on my own experience. Six months ago, I would have avoided trading altogether on days like this only to see some good 'proper' moves.

I wouldn't let my mental capital drain with this.. heads up..

It's FOMC day.

 

[Lord Flasheart]

taken 1/2 off £$ just to bank some pips moved stop down to b/e

 

[20 a day]

Hi All. Any views on longer term cable ? Will we see 1.40 or 1.80 first ?

 

[Lord Flasheart]

now nicely up on cable so alls not to bad

 

[leovirgo]

Hi All. Any views on longer term cable ? Will we see 1.40 or 1.80 first ?

Buy above 1.62, sell below 1.6.

 

[leovirgo]

have another go at euro

 

[leovirgo]

now nicely up on cable so alls not to bad

 

[Lord Flasheart]

That will teach me to smile, as soon as I made that post, it reversed and took out my +10 stop. Still at least its a profit. I need arest gone to walk dog,back later

 

[leovirgo]

ok, uj in again

 

[20 a day]

Short Cable @ 27 stop 51

 

[Lord Flasheart]

Short Cable @ 27 stop 51

can you tell us a bit more about you went short and why your stop is there etc. are you trading live.

 

[leovirgo]

it's payback time .. ggrrrrrrrr

 

[Lord Flasheart]

Leo your trade looks good by my methods nice trend break.Just needs to break yesterdays low. Your due a winner today

 

[Lord Flasheart]

Taken a quick scalp on eur/usa 1.4033,hoping for a trendline bounce risk 6 pips target 12

 

[Lord Flasheart]

happy days out for +12

 

[Lord Flasheart]

see it bounce off the trendline at 1.4030, so easy in hindsight,at least I had that one