Forex price action trading

Discussion in 'Journals' started by momoNY, Oct 22, 2014.

  1. momoNY

    momoNY

    Added another short (probably a scalp this one) at 1.252, too impatient I would have had all my entries as predicted. Will see how it unfolds.
     
    #131     Nov 26, 2014
  2. momoNY

    momoNY

    That's too high bro. I said before 1.2535, I stick to that! It may get there, but missing a trade for 10 pips ... trying to spot the exact top is not worth the stress!
    upload_2014-11-26_11-18-14.png
     
    Last edited: Nov 26, 2014
    #132     Nov 26, 2014
  3. momoNY

    momoNY

    Closed the scalp, improved my first entry to 1.2495, my second was at 1.251. Descent entries. Will add to short at 1.2535.
     
    #133     Nov 26, 2014
  4. momoNY

    momoNY

    Closed both for a total profit of 36 pips. It should go up a little and then down if it wants to go lower otherwise we will be stuck in a range bound market for another week maybe, or I am wrong!

    32 trades, Profit: 1305 losses: 341 pips P/L: 966 pips
    21 winners, 11 losers.
    New challenge: -$480
     
    Last edited: Nov 27, 2014
    #134     Nov 27, 2014
  5. momoNY

    momoNY

    Long 2 positions at 1.2467 stop 1.2441 target 1.251; limit orders to short at 1.252 and1.2535.
     
    #135     Nov 27, 2014
  6. momoNY

    momoNY

    The chart.
    upload_2014-11-27_13-37-26.png
     
    #136     Nov 27, 2014
  7. Vas62

    Vas62

    image.jpg No trading today. KISS is rolling by. 59th Street.
     
    Last edited: Nov 27, 2014
    #137     Nov 27, 2014
  8. Vas62

    Vas62

    Crappy pics though. My Samsung S2 was screwing me just on time. image.jpg
     
    #138     Nov 27, 2014
  9. momoNY

    momoNY

    Good for you! The first pic is great. I don't know the band, I'll check it. Happy Thanksgiving to you and to all the viewers.
     
    #139     Nov 27, 2014
  10. Vas62

    Vas62


    Thank you. Happy Thanksgiving to you too.
     
    #140     Nov 27, 2014