October 247 -29 2010

Go down

October 247 -29 2010

Post  Levaz on Sun Oct 24, 2010 9:47 pm

EURJPY short 112.83 SL at 114.00 TP 110.70
We are still in trade.
As sustained break above 113.76 may cause our stop to be hit. That is the critical level for our trade.

Let us see how it pans out.

Levaz

PS - I know I am "cheating", but I have move my Stop to 116.00 just to give the trade room, in case a double top needs to be formed before it comes down again. Too many of my trades get stopped out due to the smaller stops only to go 300 - 400 or more pips in the direction of my trade.
Please do not change your SL now as it may cost too much, but i will try and use large Stops in my future trades.

avatar
Levaz

Posts : 498
Join date : 2010-02-19
Age : 48
Location : Toronto

View user profile

Back to top Go down

Re: October 247 -29 2010

Post  Levaz on Mon Oct 25, 2010 7:09 pm

EURJPY short 112.83 SL at 114.00 TP 110.70
Trade is still open. The pair came as high as 1 pips over our critical level of 113.76 but did not stay there for long. Having bounced off that level, and we now have all three indicators showing a potential for downside, we now wait for our TP.

Levaz
avatar
Levaz

Posts : 498
Join date : 2010-02-19
Age : 48
Location : Toronto

View user profile

Back to top Go down

Re: October 247 -29 2010

Post  Levaz on Tue Oct 26, 2010 7:04 pm

EURJPY short 112.83 SL at 114.00 TP 110.70
Still holding on to the trade. The down move is painfully slow specifically due to recovery of both GBP and USD against the JPY.

Let us try to take advantage of the Euro weakness.

EURGBP short at 0.8820 SL 0.8860 TP 0.8600

Levaz

avatar
Levaz

Posts : 498
Join date : 2010-02-19
Age : 48
Location : Toronto

View user profile

Back to top Go down

Re: October 247 -29 2010

Post  Levaz on Wed Oct 27, 2010 8:33 pm

EURJPY short 112.83 SL at 114.00 TP 110.70
Still waiting for a down move - there is a chance it may bounce back up yet again.

EURGBP short at 0.8820 SL 0.8860 TP 0.8600
Order did not get picked up. We will revise it as under:

EURGBP 0.8794 SL 0.8860 TP 0.8600

Aggressive traders can try to enter at 0.8750. SL and TP remains the same.

Levaz
avatar
Levaz

Posts : 498
Join date : 2010-02-19
Age : 48
Location : Toronto

View user profile

Back to top Go down

Re: October 247 -29 2010

Post  Levaz on Thu Oct 28, 2010 8:50 pm

EURJPY short 112.83 SL at 114.00 TP 110.70
This may yet go up before it goes down. Stick to the original SL. As mentioned before, my SL is at 116.00 - Please DO NOT do that, because, if I am wrong, you will lose too much.

EURGBP 0.8794 SL 0.8860 TP 0.8600 Aggressive traders can try to enter at 0.8750.
Aggressive trades were picked up, move your SL to break even or protect 10 pips. This may get ugly depending on EURUSD and EURJPY which are both very choppy right now.

Levaz
avatar
Levaz

Posts : 498
Join date : 2010-02-19
Age : 48
Location : Toronto

View user profile

Back to top Go down

Re: October 247 -29 2010

Post  Sponsored content


Sponsored content


Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum