Hello, I want to discuss the today situation. First of all I will tell you my entry and exit points, based on Anthony’s trade plan. I have placed a sell stop order a little bit lower of the resistance 2.0518, actually at 2.0504 with take profit at 2.0455 there wasn’t marked any support, but Anthony drew the end of the conventional line of the movement near this point.
Look at the picture
20071115+-+gbp02.gif (image)
So I had I nice profit(unfortunately only demo pips). So I want to know your opinion about entry point and the stop loss, I still don’t know were to put it.
Thank you

Hello everybody.
Today is a really difficult situation, there is a flat, and I can’t understand what’s going on. I hope at the American session the situation will be clearer.
Here is the trade plan for today
Good Luck!!!

Hello everybody.
Today at European session the price managed to move exactly like is on the picture form today’s trade plan. So I have opened one sell order. The entry and exit points are marked on the picture.

As you can see after I have closed the order… the price moved down for another 40 pips
So, I think I know where to enter the trade according to Anthony’s trade plans, but for me is still difficult to recognize the exit point. And also there is a nice up movement at American session. Can you tell me where it was better and safer to buy in this case?

Good Luck

Attached Images

statement16112007.GIF (69.3 KB, 257 views)

Hello everybody
Here is the trade plan for today.
The trade plan is taken from The Uncommon Trading In My Life
Good Luck!

Hello, as I can see today on the pair GBPUSD is a flat movement (M15) I hoped that at the American session there will be a nice movement, but it is not It's still difficult for me to understand the flat movements. but as I know that the trend is my friend... I'm waiting for it
Good Luck!

Hello Nili!

You are doing great job, you know? Really, you got this system right for now. You understood main rules, for example the flat before the session, zigzag and how to use it, fractals.
Right now you have to make the next step in your education: stoploss and takeprofit points. For example, on that picture that you have posted earlier, it would be possible to close your trade a little lower, after rollback you had to watch fractal and zigzag on the minor TFs. Take a look at your picture, and you will see a good close point after a rollback.

About the flat... Yes, I recommend you to stay away from the market in such days. Though, you can make "virtual" trades, i.e. mark out your points of entry, stop and profit. It is good phsicological training too.

Good luck!
And feel free to ask me more questions about the forex.

__________________
Please, fell free to visit my blog at
http://fxanthony.blogspot.com/
Anthony Schneider.

Hello,
Thank you Anthony for everything
About the picture, Yes I think I have understood the point where i should had closed the order. You are right, now I have to exercise with stop loss and take profit points.
Good Luck!

Hello, here is the trade plan for today
The trade plan is taken from The Uncommon Trading In My Life
Good Luck!

Hello, here is the trade plan for today.
The trade plan is taken from The Uncommon Trading In My Life
Good Luck!

Hello everybody.
I have marked on the picture the entry and the stop loss points for the today movement, according to Anthony's system. I'm not sure about the exit point, because there was also a divergence between the price and the AO indicator(also marked on the picture). That's why I didn't mark the exit point.
Anthony, where do you think it is better to exit in this situation?
Thank you!
Good Luck!

Attached Images

enterpoints.gif (37.2 KB, 163 views)