Lord Flasheart
Legendary member
- Messages
- 9,826
- Likes
- 985
have set to take off cable at +20 got to nip our for an hour
short nzd/jpy at 64 59 sl 64.75
why have you switched to +7,is it a slight change to the method
I am no longer in the AUDJPY trade short.
The J16 Manager took half profits half way (+10.7) and moved rest to b/e.
Because spread is so wide I was stopped out! (sorry for posting so late but haven't been sitting at computer all day)
Obviously wasn't expecting a big break up like this on Cable so we`ll see what happens....
If this GBPUSD trade recovers that was one nasty spike...
(hopefully its just a friendly reminder, that anything can happen and never expect anything.)
what was the spread,it still looks a good trade to me
I no? but it must have been around 4.0 points at the time.
Either way, Im not telling porkies, its genuinely what happened.
My rules are to take profits 50% of the TP target and rest run for B/E to stop or 100% TP (which was 83.256 first conservative place.)....
Works both ways. Guess this time I got unlucky. (trade still profited 0.50% gain just wasn't the outcome I was expecting)
short nzd/jpy at 64 59 sl 64.75
Madness this game. zens analysis looks to have found a lovely triangle that has broken and I see it as top of a trend channel. The same market,two traders pick the same level for entry and take opposing trades.We also have DG short for different reasons
no wonder being a brokers a good game
Really good posts to mark the 1000th page, Flash.
Congrats on a thread with quality and longevity.
Just thought id mention that its kind of important the way the daily CS closes on cable. If it closes beneath 1.57765 AND 1.57670 then good news...