Forex trading live calls and set ups

I am thinking of closing this thread (Beachtrader voted a No)


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  • Poll closed .
Glad I'm not the only one having a tricky week - although I'm a few peanuts behind after making silly trades yesterday - a case of hope over reason.

Currently short cable at 1.6289 s/l @1.6309
 
Just order Eur/Jpy long at 116.38 s/l at 116.17

Currently using spread betting with a micro account on Smart Live Markets. I read a lot on these forums and really liked the Trading Naked thread so I'm trying to follow the ideas from that - buying higher highs and selling lower lows but at the moment I simply seem to be picking tops and bottoms with my trades in the wrong direction. I'm buying/selling in lots of 3 and closing 2 lots when trade is in my favour by half the distance between entry and s/l. I'm trying to close trades that aren't working much sooner and not to let them get stopped out.
 
i have to sell this pattern so short aud/usd 1.0577 sl 20
 

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this is why,as you know all my trades are simple stuff, i see no reason why this should come down of this upward channel, for 15 pips its well worth it
 
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