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I've been a seller since the Euro session. So far I'm down (- 36 pips) on my first Trade in the euro session. NEWS Affected my trade again.
Now I'm on my Second (SELL) Trade and Holding an OPEN LOSS of (-25 pips), But Still holding until the end of the session, to see if I can exit at a better position and minimize the loss.
As you can see this is part of the business. We, can NEVER EVER win all of the time.
But one thing I do Like is, Under this circumstances, is that it gives me a GREAT way of implement my trade managing skills to the most.
Still holding my loss and I'll keep you posted as how much I was able to recover before the close.
God Bless and God Speed
__________________
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What makes money on a real METHODOLOGY, is the SYNERGY of the right indicators, and the correct INTERPRETATION of the trader. Be part of our exclusive community at www.ForesightFX.com. Markets can be Predicted: www.ForesightFX.com/squeeze1
Any one, can you please post IDT forecast for today, So I can compare?
Thank you!
__________________
Remember:
What makes money on a real METHODOLOGY, is the SYNERGY of the right indicators, and the correct INTERPRETATION of the trader. Be part of our exclusive community at www.ForesightFX.com. Markets can be Predicted: www.ForesightFX.com/squeeze1
Any one, can you please post IDT forecast for today, So I can compare?
Thank you!
07.19.2007 for Friday 20 (New York time)
(super intraday)
- 02:00 am - 06:00 am (07.20.2007) - sell
"+++" - pluses - means without trade-risk.
------------------------------------------
(intraday)
- Down trend
- sell zone 2.0488-2.0517
- stop 2.0557
- target 2.0445
what news? i was trying to find out what the hell happened to make the USD drop like a rock?
nothing was scheduled for today!! and they was nothing on the news!!
Last edited by islandrock; 07-20-2007 at 05:13 PM.
07.19.2007 for Friday 20 (New York time)
(super intraday)
- 02:00 am - 06:00 am (07.20.2007) - sell
"+++" - pluses - means without trade-risk.
------------------------------------------
(intraday)
- Down trend
- sell zone 2.0488-2.0517
- stop 2.0557
- target 2.0445
Thank you my friend. I'm glad that we all were in the same indication, and that this STUPID NEWS reactions are taking the fun away of trading.
Any how here is my chart, and still holding my last short position with a paper loss of (-$410.00)
__________________
Remember:
What makes money on a real METHODOLOGY, is the SYNERGY of the right indicators, and the correct INTERPRETATION of the trader. Be part of our exclusive community at www.ForesightFX.com. Markets can be Predicted: www.ForesightFX.com/squeeze1
07.19.2007 for Friday 20 (New York time)
(super intraday)
- 02:00 am - 06:00 am (07.20.2007) - sell
"+++" - pluses - means without trade-risk.
------------------------------------------
(intraday)
- Down trend
- sell zone 2.0488-2.0517
- stop 2.0557
- target 2.0445
what news? i was trying to find out what the hell happened to make the USD drop like a rock?
nothing was scheduled for today!! and they was nothing on the news!!
Hey Island, look here and save this site. They offer the actual news at OUR TIME EST.
here you'll notice, how at 4:30 a makor GBP report was scheduled for today.
__________________
Remember:
What makes money on a real METHODOLOGY, is the SYNERGY of the right indicators, and the correct INTERPRETATION of the trader. Be part of our exclusive community at www.ForesightFX.com. Markets can be Predicted: www.ForesightFX.com/squeeze1
i believe alot of people took a big hit "at least on this forum"
well for me it's now tighter stops.
Well. for me now I norrowed my loss from $425 to only $250. but still a loss.
Any how, if I'm not mistaken, RSI has not gave the below 30 exit yet. Please correct me if I'm wrong.
Witing for this exit signal. and to exit at below my buy point, to make a couple of pips after all. The reason for this is that the actual price balance is at the 2.0500 - 2.0480 area.
For obvious reasons the news driven reaction, fuled the Market Makers to thier STOP LOSS HUNT, Giving them the opportunity to Capitalize on FEAR.
Over & Out
__________________
Remember:
What makes money on a real METHODOLOGY, is the SYNERGY of the right indicators, and the correct INTERPRETATION of the trader. Be part of our exclusive community at www.ForesightFX.com. Markets can be Predicted: www.ForesightFX.com/squeeze1
07.19.2007 for Friday 20 (New York time)
(super intraday)
- 02:00 am - 06:00 am (07.20.2007) - sell
"+++" - pluses - means without trade-risk.
------------------------------------------
(intraday)
- Down trend
- sell zone 2.0488-2.0517
- stop 2.0557
- target 2.0445
------------------------------------------
-9 pips loss today...look at the photo below: