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[Lord Flasheart]

these news spikes retrace so often

 

[splashy]

sell order 1.3184, stop 1.3220.

1/2 +16, 1/2 to b/e.

2nd 1/2 out for +12.

This was an untidy trade. Happy with my entry but exit was poor because of bad mood! lol. Took some profit off the table before i should because i had to go out and felt like i needed to protect my stop, and then took the rest when i got back by which time the price had dropped, missed my target and retraced most of the way. I suppose i made a profit but all a bit ragged.
Just shows the value of the art of knowing when to exit.

 

[Lord Flasheart]

This was an untidy trade. Happy with my entry but exit was poor because of bad mood! lol. Took some profit off the table before i should because i had to go out and felt like i needed to protect my stop, and then took the rest when i got back by which time the price had dropped, missed my target and retraced most of the way. I suppose i made a profit but all a bit ragged.
Just shows the value of the art of knowing when to exit.

its so easy to be critical in hindsight, my last stop movement looked great,but often i get screwed because of it.

 

[splashy]

how do you find using the $ index helps,thanks

the dollar index is merely for corroboration of dollar cross trades for me. The eurusd and dollar index are well correlated at the moment but it isnt always so. For example, if the eurusd breakouts out but the dollar index is heading into resisitance, it makes me reexamine the trade. It doesn't mean i don't take it, just that i double check stuff. Just for comfort, i guess. 🙂

 

[Lord Flasheart]

staying with nzd, stop now at b/e .8338, making sure i at least get something

i tend to look at correlated pair divergence for confirmation,may have a peep at $ index

 

[Lord Flasheart]

im begining to get the hump with this nzd keep retracing

 

[wackypete2]

short eurusd 1.31055 stop 1.3115

 

[wackypete2]

5m chart. Top of channel

 

[wackypete2]

stopped out -9.5

Peter

 

[Lord Flasheart]

short nzd at .8338 sl.8355

b/e 2nd 1/2 +10, first,looking to go again

 

[wackypete2]

buy eurusd 1.31167 stop 1.3106

 

[Lord Flasheart]

short nzd at .8344 sl .8360

 

[Lord Flasheart]

actually filled at 42😡

 

[YouAreNotFree]

short nzd at .8344 sl .8360

Are you planning to hold through Ben's testimony?

 

[Lord Flasheart]

Are you planning to hold through Ben's testimony?

yep, to me a chart is a chart. I try and avoid entering before nfp but news can go either way and with tight stops I dont overly worry.

 

[wackypete2]

stopped out -10.7
I can't buy a winning trade to save my life lately.

Peter

 

[Lord Flasheart]

short nzd at .8344 sl .8360

1/2 off at +12 rest to b/e and will go again if needed

 

[Lord Flasheart]

stopped out -10.7
I can't buy a winning trade to save my life lately.

Peter

from is temporary, wacky and class are permanent🙂

 

[Lord Flasheart]

short nzd at .8344 sl .8360

+12 and b/e, will look for an entry higher up. The line is good up until about .8360

 

[wackypete2]

short eurusd 1.31369 stop 1.3148