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- Thread starter Lord Flasheart
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Lord Flasheart
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-23 x 2,gave back days profits,wrong positioning of line
Lord Flasheart
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nice call, how did u decide on that one
VielGeld
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Pure momentum and the way S/R was acting at that point.
I saw 1.301 was good resistance, so I played the chop and watched for support. Bulls wanted to go higher, so I took it into account.
Can't really explain it. Guess I was in the "zone".
Lord Flasheart
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short usd/chf at .9518 sl .95130
VielGeld
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Okay, better explanation of the last couple trades:
1) I went with the idea that 1.301 was good resistance after that large move from 1.2945, so I went short.
2) But with that kind of large up move, optimism is likelier to reign, so support's got to be good. I take my profits at 1.299.
3) I see it edging higher little by little, so something's up. Go long 1.299.
4) I see 1.301 is still strong resistance, so I decide to flip it.
5) But I'm out +3 since strong support is moving higher and higher.
Best I can explain it.
1) I went with the idea that 1.301 was good resistance after that large move from 1.2945, so I went short.
2) But with that kind of large up move, optimism is likelier to reign, so support's got to be good. I take my profits at 1.299.
3) I see it edging higher little by little, so something's up. Go long 1.299.
4) I see 1.301 is still strong resistance, so I decide to flip it.
5) But I'm out +3 since strong support is moving higher and higher.
Best I can explain it.
Okay, better explanation of the last couple trades:
1) I went with the idea that 1.301 was good resistance after that large move from 1.2945, so I went short.
2) But with that kind of large up move, optimism is likelier to reign, so support's got to be good. I take my profits at 1.299.
3) I see it edging higher little by little, so something's up. Go long 1.299.
4) I see 1.301 is still strong resistance, so I decide to flip it.
5) But I'm out +3 since strong support is moving higher and higher.
Best I can explain it.
Very well done. I think the market performed "nicely" for us today hence we all managed to push a profit, saw some very good bounces and trends.
Who do you trade with old bean?
brewski1984
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Busted out! I would have cut it early on normal stakes, currently making it back with a short on the Dow from 11863.
VielGeld
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Thanks. Still new at this stuff, so this was a good day.
I trade with Oanda. Good broker, tight spreads, and love the platform. I'll admit I haven't shopped around that much, but they've been pretty good so far in the month+ I've used them.
brewski1984
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Stop moved to 11813 = +50
Lord Flasheart
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Hi Brewski,please post your trades,but kindly post them as you take them as this is a live call thread and should be seen that way by all. Doesnt matter if you have 10 losers on the trot but it is for live calls, thanks
brewski1984
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Ok sorry the dow trade was a bit late but the Brent trade was live. I'll try to be quicker.
wackypete2
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Excellent trading today guys. Well done. 👍👍
I'm on the sidelines for now but it's nice watching others winning.
Peter
I'm on the sidelines for now but it's nice watching others winning.
Peter
Lord Flasheart
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Lord Flasheart
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Lord Flasheart
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good morning
phew, 1/2 off at +26, rest to b/e
gotta stick to what you believe no matter what
