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I have been looking at cross pairs more deeply lately and have these pairs on my list at the top , in no particular sequence but on the top list, GA,EA,GN,EN,GC and EC followed by the majors. Here is another cross pair I traded today combined with the engulf method used by In the box
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the cautious seldom err....C
I moved to b/e too early and so missed the big run.
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the cautious seldom err....C
made some pips from this trade but I expected more
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the cautious seldom err....C
I am putting 2 trades in at once. One of the trades will come out at 1:1 if it reaches, then the other's stop loss is set to +1 if that happens, then coming out of that when the candle closes the opposite colour or it reaches 1:4 whichever comes first...thats if I have the patience.
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Quoting lynnc
I am putting 2 trades in at once. One of the trades will come out at 1:1 if it reaches, then the other's stop loss is set to +1 if that happens, then coming out of that when the candle closes the opposite colour or it reaches 1:4 whichever comes first...thats if I have the patience. {image}
Took the second trade out at around +16 pips when the candle closed red. I am going to trade like this all week with comparisons on the way I was doing it, just to see if it works out better or not much difference. I wish I hadn't missed the GA buy this morning because that would still be going.
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got fed up of waiting and so taking the trade out
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the cautious seldom err....C
Quoting lynnc
{quote}Took the second trade out at around +16 pips when the candle closed red. I am going to trade like this all week with comparisons on the way I was doing it, just to see if it works out better or not much difference. I wish I hadn't missed the GA buy this morning because that would still be going. {image}
I was on it earlier but was kicked out when NY was about to open
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the cautious seldom err....C
currently in this trade, let's see
EDit: trade closed for a small loss
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the cautious seldom err....C
I've gone into an AU sell so fingers crossed.
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Quoting lynnc
I've gone into an AU sell so fingers crossed. {image}
Its RBA cash rate release in 9 hrs. May be quite risky in overnight trading...
The only trade today
UJ, ME/SE
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Quoting Alcasar
{quote} Its RBA cash rate release in 9 hrs. May be quite risky in overnight trading...
Thanks Alcasar, I doubt I will keep it in while I sleep unless its moved to breakeven already.
Closed for a few pips as I'm going to bed now and don't want to be wondering about it in the night...tomorrow is another day In hindsight GU or EU would have been better I think it will take the news overnight to move this, but positive swap was a bonus.
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GU was not too bad afterall..going to zzzzzzzzzzzzzzz
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the cautious seldom err....C
GJ today.
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I took this trade in the morning and was kicked out after I have scaled 60% out. I normally will continue trading the same pair after being profitable with my initial entry but I had a few things to do and when I got back I just couldn't get the rhythm going and so did not trade it again
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the cautious seldom err....C
I'm in Gcad this morning, took most of it off before the news and moved to +1 just going to leave the remaining to see if it can reach just above the atr.
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Edit: Last piece came out at +1
Happy Days, manually closed GA
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the cautious seldom err....C
closed this by mistake
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the cautious seldom err....C
Quoting pips29
closed this by mistake {image}
how unlucky is that!
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