Forex trading live calls and set ups

[Rooster34]

You had a nice move up so far. Good call

Peter

Thanks, hope it has another good day or two, if not no biggie, there is always another trade and my stop is in the money:cheesy:

 

[wackypete2]

Afternoon Plan
Just out of US lunch hour. No more scheduled speakers or news events for the rest of the day I believe so I don't see a break much above the high at 1.3744 for today. I'll wait for a retest of that area to get short, targeting the large yellow trendline on my 5m chart. If it does break over the high then no trade or will wait for it to move back under it.

Peter

 

[Lord Flasheart]

S/l moved to .3667 just below support.

never been much of a swinger myself,but why have you moved stop up so much.
to us shorter term traders it looks like a great call and we dont see the sense in giving it back.
What ever you do please dont adjust your stops or targets or anything for the sake of the thread. For all we know Wackypete could be an eighty year old dear using an internet cafe in the day and on the game at night

 

[Lord Flasheart]

looks like a good day for many on thread. Must be over 200 pips in live calls

 

[wackypete2]

never been much of a swinger myself,but why have you moved stop up so much.
to us shorter term traders it looks like a great call and we dont see the sense in giving it back.
What ever you do please dont adjust your stops or targets or anything for the sake of the thread. For all we know Wackypete could be an eighty year old dear using an internet cafe in the day and on the game at night

errr, I've been outed... I thought the sunglasses in my avatar made me look much younger

Peter

 

[wackypete2]

looks like a good day for many on thread. Must be over 200 pips in live calls

I think my +2 for today brought us over the 200 mark :cheesy:

Peter

 

[Rooster34]

never been much of a swinger myself,but why have you moved stop up so much.
to us shorter term traders it looks like a great call and we dont see the sense in giving it back.
What ever you do please dont adjust your stops or targets or anything for the sake of the thread. For all we know Wackypete could be an eighty year old dear using an internet cafe in the day and on the game at night

Not doing it for the thread, I'm still feeling my way with stops, entries, and T/P. So you'll probably see some bad trade management along the way. My thinking is that if I get 40-50 pips in the money I should get the trade to B/E. Also if I'm going to hold trades for more than a day I would like to be a little in the money before I go to bed. Now will I adjust my view of trades as time goes on? Undoubtedly. And as always any suggestions are welcome.

 

[wackypete2]

Not much of a retest, so here goes.
Short eurusd 1.3720 stop 1.3734

Peter

 

[wackypete2]

I was just looking at audusd since i usually trade that in the asian session...all over the map today. Probably just skip that session for tonight.

Peter

 

[Lord Flasheart]

I think my +2 for today brought us over the 200 mark :cheesy:

Peter

its the little things in life that count

 

[Rooster34]

Not doing it for the thread, I'm still feeling my way with stops, entries, and T/P. So you'll probably see some bad trade management along the way. My thinking is that if I get 40-50 pips in the money I should get the trade to B/E. Also if I'm going to hold trades for more than a day I would like to be a little in the money before I go to bed. Now will I adjust my view of trades as time goes on? Undoubtedly. And as always any suggestions are welcome.

of course that might just be a fear/greed impulse, lord knows I'm prone to them.

 

[wackypete2]

Also if I'm going to hold trades for more than a day I would like to be a little in the money before I go to bed.

Nothing wrong with that if it helps you sleep better at night.

Peter

 

[wackypete2]

eur not moving at all. I guess i'll have to exit my position to get it to make a nice move.

Peter

 

[wackypete2]

scratched exit 1.3718 +2

Peter

 

[be-positive]

never been much of a swinger myself,

was the mrs looking over your shoulder when posting that ??? :cheesy:

its the little things in life that count

so thats why mrs flash has a permanent smile on her face

:cheesy: had to post that (lol)

 

[DDI]

long again 13540, stop 13485

out 75 for +35

 

[wackypete2]

I was just looking at audusd since i usually trade that in the asian session...all over the map today. Probably just skip that session for tonight.

Peter

OK, call me a liar...

Here's tonight's EURUSD plan.
Looking for a break of the high/low of the 2 consecutive candles that spiked up and created today's high. Placing 2 open orders, OCO

SELL STOP @ 1.3705, stop loss @ 1.3725
BUY STOP @ 1.3747, stop loss @ 1.3727

Will set targets if we get filled.

Peter

 

[wackypete2]

We had a quick move down but didn't quite break out. Low was 1.3709 so no fill yet. Still waiting!

Peter

 

[Rooster34]

We had a quick move down but didn't quite break out. Low was 1.3709 so no fill yet. Still waiting!

Peter

Well, I hope you get filled LONG and make a ton of pips

 

[wackypete2]

Well, I hope you get filled LONG and make a ton of pips

of course you do!!

Peter