Hello Everyone, AUDCAD just make a very sharp drop which I am anticipating to end up getting rejected. I would like to get in but the risk is too high for me at this price, If it goes toward the low of the candle, I will look into it.
A moment of silence for the accounts trading this pair without a SL
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Wait for a pattern on the 1hr. Price is looking like its begining the impulse.
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Giao dịch đang hoạt động
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Seems like it may take off...
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Take off!
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And we have TAKEOFFF!!!!! :D Very big spike
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Price may pullback to correct and continue to go do not exit trade
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previous order is set at B.E. opening a new limit order for this TCP formed on the 4hr as anticipated.
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Closed my profits at one of the highs made when I realized it wasnt taking off with enough momentum to hold. Waiting for long term structure to be more clear. Short term Ive traded the correction with trades that have broken even.
@DAVID_GIRALDO Hi. What's your projection/prediction here?? thx a lot
DAVID_GIRALDO
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@mlepper,
its short term trading for now. long term structure is not fully clear right now as market did not do as anticipated in this post. I was able to catch 100+ pips or so but right now there are no big trades promised. short term trading is possible. bag your 15-20 pips and leave it alone. even then I wouldnt recommend. I dont like catching 20 pips...
BTW if your asking because your long or your short on this and holding a loser, just GTFO... its not worth the headache. take your loss and move on, theres always the next trade. live on to trade another day. i doubt 10 pips if ot goes in your favor would really make a difference because its just ranging right now until it gets a direction. there isnt enough data short term to make a good prediction
Ill take a trade or 2 a day or so and if it hits my SL, Ill analyze what went wrong, what I learned and how I can improve the next day based on what I learned. It's never worth holding to see or prove yourself your right. just learn from a mistake and prove yourself you could do better next time
twitterfx8
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@DAVID_GIRALDO nice trade. Too bad I didnt take this. Well done to you !
Mairita
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Felt back on hus face again :D I entered long now,hope for take off...the real one this time :D
DAVID_GIRALDO
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@Mairita, lololol right!! hahaah yea im still holding in drawdown. but it either goes or doesnt. Im just letting it play out
Mairita
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@DAVID_GIRALDO, where do you have your sl? I placed mine at 1.9550. This shouldn't fall below 1.9600as I see it.
DAVID_GIRALDO
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@Mairita, .96612 I place tight SL but no gaurentees to it. its just my style
DAVID_GIRALDO
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@Mairita, You must be loving this!! you didnt go into any drawdowns from when you entered, immediate profit and just a huge rally! I love those accurate trades.
Mairita
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@DAVID_GIRALDO, hahaha,yea,believe me,I am jumping out of my pants how happy I am :D Now sl at break even and I will just enjoy the ride :D
DAVID_GIRALDO
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@Mairita, perfect. dont put sl in profit. leave at break even. ill be updating as you should move. how big was your lot??