If there's one thing I know it's to stick to your convictions when trading unless proven wrong by the price action. I reopened my EURAUD short @ 1.99. Trade remains valid until daily close above DMA and resistance scalp line.
Agreed. If everyone saw it your way, there would be no buyers on the opposite side of the trade! For me, I shorted that pair last week for negative 502 pips. It hurt me arse.
Much Lower but adding with these Next 24 hrs 3 orders each Cable shorts and targets 1.39362 1.38253 1.39911 1.36509 1.39635 1.36216 EURUSD shorts 1.29671 1.29058 1.29863 1.28701 1.30038 1.28568 AUDUSD shorts 0.65840 0.65256 0.65889 0.64953 0.65927 0.64794 NZDUSD Shorts 0.52731 0.52253 0.52852 0.51670 0.52910 0.51554
Zalzayani- It's great that you post here and your input is appreciated. However without some form of reasoning your posts would best be served elsewhere. This is supposed to be an idea-sharing forum and when you simply post entries and exits there's nothing the rest of us can learn/use to determine if we agree or not. If you'd like to simply post your trades please do so in your own journal. Thanks and I hope you continue posting, just with a little further depth. ST
Shorted again @ 1.9672, covered at 1.9600 This was a continuation of the aforementioned chart which includes the reasoning behind the origination of this short idea... see above, white chart, horizontal lines and MA, etc.