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Realities of Forex Investment
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Ceinz
#761 Posted : Thursday, February 24, 2011 12:47:21 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Ceinz wrote:
Long positions entered on
EUR/USD @ 1.3766 SL 1.3740, &
EUR/JPY @ 112.66 SL 112.16, TP 113.15


SL to both trades moved to entry level.
“small step for man”
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fxtech
#762 Posted : Thursday, February 24, 2011 1:58:38 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
whaaaaaaat!!!! Those whipsaws nearly got me gud I was watching the markets n moved those SL's otherwise...........
Discipline & sticking to your strategy even when you loosing defines great traders.
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Ceinz
#763 Posted : Thursday, February 24, 2011 2:09:02 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
Ceinz wrote:
Ceinz wrote:
Long positions entered on
EUR/USD @ 1.3766 SL 1.3740, &
EUR/JPY @ 112.66 SL 112.16, TP 113.15


SL to both trades moved to entry level.


My SLs hit: EUR/USD @ 1.3780 @ EUR/JPY @112.75, both at small profits, thanks God I raised the sls abit b4 breaking 4 lunch.Applause smile Applause
“small step for man”
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hisah
#764 Posted : Thursday, February 24, 2011 2:10:40 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Positions update.

My weekly short on AUD/NZD @1.3150,TP1 - 1.2850, TP2 - open, SL - 1.33 was blown out into pieces last week. I never thought 1.33 level would be breached, but the dovish New Zealand money team and the earth-quake were just enough powder to fry out my short.

The weekly short on AUD/CAD @1.0050 is still active and has compensated for the AUD/NZD haircut. I intend to add more shorts if AUD/CAD hits a high of 1.0020 as the monthly setup still projects a correction 0.9600 as the first support level.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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The Merchant
#765 Posted : Thursday, February 24, 2011 10:39:47 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
TRADE UPDATE:
SELL USD/CHF @ 0.93215
TIME: 2000H NAIROBI TIME
SL & TP: -30.40, +60.50
RISK REWARD RATIO: 2:1
INDICATORS: ICHIMOKU, BB, MACD


RESULTS: +60.50 PIPS

More updates next week. I doubt Ill trade tomorrow but you never can tell smile
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The Merchant
#766 Posted : Thursday, February 24, 2011 10:41:31 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
There is a very tempting Long opportunity on the EUR/USD chart, both the daily and hourly charts. Anybody else seeing this? I think Ill go long. Will post the results if I do.
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fxtech
#767 Posted : Thursday, February 24, 2011 11:33:01 PM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
@merchant sure EURUSD very tempting, bt am thinking after such a move maybe I can wait for a retracement and get in, what's your thought?
Discipline & sticking to your strategy even when you loosing defines great traders.
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fxtech
#768 Posted : Friday, February 25, 2011 7:14:23 AM
Rank: Member

Joined: 5/31/2010
Posts: 325
Location: NAIROBI
I'm still from yesterday,

SHORT EURAUD@1.3670 TP adjusted to 1.3560 SL moved to 1.3660 eliminating any risk on the trade

LONG NZDUSD@0.7481

LONG AUDCAD @ 0.9930, NO adjustments yet on these two trades
Discipline & sticking to your strategy even when you loosing defines great traders.
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qw25041985
#769 Posted : Friday, February 25, 2011 7:58:20 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
-55 pips . damn !!!!!!! thats was a facky move ..
Your future depends on your dreams so go to sleep !
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Ceinz
#770 Posted : Friday, February 25, 2011 12:40:53 PM
Rank: Veteran

Joined: 5/7/2009
Posts: 1,032
Location: Sea of Transquility
EUR/USD Usd Long @ 1.3806 SL @1.3806.Hope to trail it.
“small step for man”
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