LIVE TRADING to New Year

[Marwan2010]

eurjpy short @ 156.70

 

[Mr.Black]

This looks like Ending Diagonal.....I am Short @ 1.3188 Stop @ 1.3202 Limit @ 1.3137 The trade was closed @ 1.3153 P/L +35 pips .....Total for Today -26+35= 9 pips....

 

[Marwan2010]

short euraud @ 1.6680

 

[smbtnt]

eurjpy short @ 156.70

Unless you know something we don't this looks like a low probability trade imo.
This pair has been making new highs for weeks, trending on daily and weekly tf's.
I would not contemplate a short until it nears the 160 level.

Good luck.

 

[Marwan2010]

Unless you know something we don't this looks like a low probability trade imo.
This pair has been making new highs for weeks, trending on daily and weekly tf's.
I would not contemplate a short until it nears the 160 level.

Good luck.

agree, it is an intra day trade
but yes swing trading it is up

 

[Marwan2010]

short euraud @ 1.6680

closed 24 pip loss

 

[Mr.Black]

closed 24 pip loss

You are the men today..... :cheesy:

 

[bhavin]

Hi Mr Black, looking at some of your posts have given me confidence! - mate, may god bless you with tons of pips!

This is my first forex trade, and I have gone short on EURJPY, @ 156.28. your chart looks very educational and interesting. but some of my reasons are;

1. Daily - failed to breakout of the recent highs
2. Daily - Divergence and macd xover, with a nice angle and separation
3. 240m - macd & rsi divergence and also a break of the rso support line
4. on the negative it is being supported by the fibo ema89

my stop is for 75 pips, and i have set a target of 40, 75 and 100+trailing
any views/comments appreciated.
means a lot to me for my first fx trade!

got stopped out! - guess it was a silly trade, got sucked in, should have waited for a break in support or 123
down to experience!

 

[bhavin]

my first trade on the dow
short at 12,497, stop 60, target 200+

closed today for a 33 point profit, did not want to hold for the weekend
looking to renter next week