Short Spot market — Short at 1.2695 targeting 1.2565

Maxsmarts Trading Journal and Discussion

Missed Trading opportunity — I fell asleep and my alarm never went off as prices never touched 1.3030. The trade would have worked out very nicely;however, as of writing this the price is back down to 1.2740. A very bearish looking candle has ...

Maxsmarts Trading Journal and Discussion

looking to short in the 1.30's — I'm looking for price action to reach the 1.30's region so that I can go short back down to 1.2550. Basically a repeat of our put to 1.2550. There is heavy Resistance on the Daily chart at the 1.30 region and ...

Maxsmarts Trading Journal and Discussion

I agree with that.

EURUSD

awesome so what broker is letting you trade this?

EURUSD

The U.S. government and the ECB are always pushing for the CNY to strengthen though. So that chart does not surprise me.

EURUSD

So I didn't think we could trade the CNY. I thought the government had restrictions on it. When did this change. A couple years ago that would have been a great investment.

EURUSD

And I think you'll agree if you examine your daily chart that 1.3050-70 and 1.33 have acted as strong resistance much better than 1.3130. I'm trying to understand the reason for where you place your stop loss since you are fine risking so much why ...

Trading EUR/USD & Majors, Longer Term

lol — I didn't say I didn't like it. We are discussing your ideals. When you start a thread you will have to civally answer questions. I never said you were a dumb ass or you didn't know what you were doing. I simply asked if you were risking ...

Trading EUR/USD & Majors, Longer Term

yes it is.

EURUSD

I'd Wait till a break of 1.33 — Until it breaks 1.33 my closing above that level on the daily chart I would not aggressively go long. I'd cautiously go long with covered calls at a support level on the daily chart. I'm have a bearish bias ...

EURUSD

I dunno about his calls. But I'm interested in risk to reward ratio because it sounds like he's risking more than he plans on making.

EURUSD

Risk to Reward Ratio — In this post in the EUR/USD Forum. You say you have your stop loss at 1.3130. So you are risking about 300 pips. How much profit are you going for? Where is your target level? I would assume hopefully at least 1.2550 ...

Trading EUR/USD & Majors, Longer Term

How best to take advantage of this — This looks like a pretty good place to go short. My only concerns are the weekend. If i do a put that's two days of time value that decay away. However, Stock market looks like its broken below lows and ...

EURUSD

Dow today — What do you guys think about the close below 7500 today on the dow? It seemed pretty modest. I think I'll wait to see how it finishes out tomorrow.

EURUSD

Your correct — Yes you are correct sir. The charting for Ikon sucks. But i can see on my other spot account for GFT that you are correct. I think I'll look to get out early. Still a decent amount of pippage if there is a break however.

EURUSD

Lots of pips — anyways we should all make alot of pips if it closes below 1.23. About 700 worth

EURUSD

Definitely Definitely 1.15 — It looks more like 1.15 to me. I don't think 1.16 will be too much trouble.

EURUSD

Exiting early — Exiting position here early at 1.2582 for a $1,350 profit. Thats why I can never scalp. I started looking at it. And i'm like hmm its over a $1,000, it just took a day. My best trading is pretty much hands off.

EURUSD

Exiting position a bit early — Exiting position here early at 1.2582 for a $1,350 profit. Thats why I can never scalp. I started looking at it. And i'm like hmm its over a $1,000, it just took a day. My best trading is pretty much hands off.

Maxsmarts Trading Journal and Discussion