At this level, (7030) why not put a stop at cost in here. At least it would be free money the rest of the day.
Stop adjusted to 4625 that would be +60 pips. That would put me at +16 pips from the 2 previous losses of 44pips if stop is hit. +272 pips for the month of posting trades on Ivans thread. It wouldn't be a great month, but atleast it is respectable. Keeping tight stops works well for me. Ivan if you ever see me post at trade with a stop larger than 40pips kick me in the knee. That 100pip loss still irks me!
Because we're skipping around more than a schoolgirl on crack. And sure enough, if I had, it would have been hit. I'm not an intraday trader like many of you. If my trades work out that way, then sure - I love it. But most of the time I'm looking for a few days, even a week's worth of time.
eur/usd short was reset @4726 target same@4600(unless momentum is strong then will hold position) stop@4700 for +26 pips worse case.
Closed short@4660 for +66pips. Finished the month@ + 362pips. Thanks Ivan, its been a pleasure posting my trades on your thread. Good luck to you and the rest of ET!!! I am calling it a day and heading camping for the weekend with my family. Have a great holiday weekend everyone.