EURUSD

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@patrader - 1 year ago
Quoted - patrader

long 1.08804 stop 7 pips.

closed 2/3 for 6 pips. left some running.

I think the sessions moved late and that is what made me close what i did even though it reached the target area.

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@patrader - 1 year ago

long 1.08532 stop 6.5 pips.

K
@karbin - 1 year ago

I'm long at 541 & have added to it at 552.

I don't have any target, but I want it to break the Frankie high first to have a chance.

My stops are below the low, it is also possible that we just continue with Frankfurt downtrend, if the high does not break.

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@patrader - 1 year ago
Quoted - patrader

long 1.08532 stop 6.5 pips.

can't say i am trading well.

The price is breaking out late into the session and you just have to assume the range and book profits accordingly.

Today is ECB day so i can't stay in for long.

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@patrader - 1 year ago

long 08395 stop 7 pips.

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@patrader - 1 year ago
Quoted - patrader

long 08395 stop 7 pips.

from +9 pips to 0 in 60 min that is how tricky the session is.

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@patrader - 1 year ago
Quoted - patrader

long 08395 stop 7 pips.

I'm out +7 pips, don't wanna sit in case it ranges. frankfurt was fast money but it might slog off now.

There is always a chance it breaks high. There is an option strike 1.6 Billion at 0850.

The mistake i made today was to get attached to the number of dollars(10 pips) rather then watch that frankfurt was hitting a strong resistance on the left. When it fell with a bearish engulfing on 5 minute chart... it would sound unbelievable but i knew that it could easily fall back to frankfurt low but i could not adapt.

Another thing when you get attached to the number you can make stupid decisions and not look at what market is showing. See attached chart for details.

I'm off for the week.

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@patrader - 1 year ago

Chart:

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@patrader - 1 year ago

long 1.08583 top 7 pips.

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@patrader - 1 year ago
Quoted - patrader

sell half lots at 08526

total loss is -7.8 pips. I will walk away now.

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@patrader - 1 year ago

Closed all for -3.4 pips.


I don't feel good about being in this day anymore.

I have had atleast 2 buy and 2 sells that have moved +3 pips only to comeback. That means it is ranging. But the frankfurt being bearish doesn't give me confidence to be a buyer. So i am inclined on the range side.

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@patrader - 1 year ago

I did come in with a short bias but thought the frankfurt fakeout could happen so bought it instead ,as you can see this has dug out and fallen all day.

Structurally i would be convincing myself buyers can win but that is a lie. A session that has not reversed by london bar end time doesn't reverse statistically.

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@patrader - 1 year ago

long 1.08209 stop 7 pips.

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@patrader - 1 year ago
Quoted - patrader

long 1.08209 stop 7 pips.

covered 2/3 for 8.2 pips price was hitting a level.

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@karbin - 1 year ago

I'm long at 246, with stops below the Frankfurt low. I was looking for a better entry but could not because of the fast move on 1M.

I'm looking at 35 level, which is the low of London from Friday, if it clears the Frankfurt high.

K
@karbin - 1 year ago
Quoted - karbin

I'm long at 246, with stops below the Frankfurt low. I was looking for a better entry but could not because of the fast move on 1M.

I'm looking at 35 level, which is the low of London from Friday, if it clears the Frankfurt high.

I'm out at 291. The entry was not good. The best entry today was at the start of the Frankfurt.

I don't believe that London session these days are trending, so hoping for a follow through & trend is not wise. It is just quick scalp.