Took some profit +130 the rest is riding stop loss is at be. looking for a move down to 1.3700 area or so. But it doesnt matter cause its a winning trade no matter what. Always always leave something trailing the market just incase it wants to run.

EURUSD

Hope everyone made money today. As i had talked about all week that I wouldnt take shorts until above the 1.5500 area since that was a big resistance area. That area broke and gave a great four hour solid candle close at 4est. Patience is the name ...

Cable Update (GBPUSD)

Dont know what your thinking my friend but the big boys are shorting it up at 1.4135 they are for sure not going long there.

EURUSD

My shorts are doing just fine from 1.4131 what do you want these folks to go long up there lol.

EURUSD

Short bias on Euro/Aussie looking for shorts first entry most likely above first line and so on

steelhead trade journal

I dontate 5% of my winings in forex to Illinois Politicians cause i like they way the handle their buisness.

Cable Update (GBPUSD)

i agree with eohater what a shock. Think though if you would have timed the trade better instead of 300 pips you could have had 500 or so. If the entry was better you would not have experienced large drawdown.

Cable Update (GBPUSD)

Cause he wants serious drawdown and wants to buy in no mans land.

Cable Update (GBPUSD)

thanks my friend it was kinda a joke my comment. I dont enter without stop losses and im not a short term trader. I do add to losing positions and do just fine with it. I have been around the block 3/4 times before so i know the block really well. ...

Cable Update (GBPUSD)

Yes it was tongue and cheek my friend losses are apart of the game. I dont care as long as im up mad pips everyweek.

Cable Update (GBPUSD)

I took a small 60 pip loss today I dont know what to do with myself I think I will stop trading. For good

Cable Update (GBPUSD)

thus why patience is key

Cable Update (GBPUSD)

Be patient there will be more chances

Cable Update (GBPUSD)

Are you suggesting that they go long here. Cause that most likely would be a big mistake. I am short bias. Emphasis on short bias not short at the moment

EURUSD

why?

Cable Update (GBPUSD)

not the time to jump in long. Nor is it the right price to jump in long

Cable Update (GBPUSD)

Interesting it came right up to the top line and has shot down 50 pips. Should get more chances at the short

Cable Update (GBPUSD)

e/u looking for shorts

steelhead trade journal

My g/u analysis for the week. No sells below top line. No buys above lower line. have a good week

Cable Update (GBPUSD)

Going to be a another great week. us/chf already in a but at 1.1750. Still looking for shorts on e/u and g/u

steelhead trade journal