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Petefaders replied Feb 5, 2009Here's what happend on that last BE trade... Big up move.. showed reversal at a key point on the 1 min vlm. moved up 30 pips more to trap dumb buyers..(where I SHOULD have sold) made the drop with all the more victims. I seem to have this early ...
Petefaders Journal & Open Discussions
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Petefaders replied Feb 5, 2009[quote=Petefaders;2517649]Short 130.27 out at BE...
Petefaders Journal & Open Discussions
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Petefaders replied Feb 5, 2009I only saw -30 ish. I will explian why I stayed in in a few...
Petefaders Journal & Open Discussions
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Petefaders replied Feb 5, 2009Short 130.27, vlm has turned short term. hitting resistance. tight stop.
Petefaders Journal & Open Discussions
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Petefaders replied Feb 5, 2009Scalped +12 pips up. Looking to buy dips as long as buyers control vlm. +72 pips for the day. Weekly pips: +464 pips
Petefaders Journal & Open Discussions
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Petefaders replied Feb 5, 2009I would expect volitility and trade what the charts give me. What is the alternative..ignore your charts and your system and enter? Who says there wont be a huge drawdown even if your right about the news effect.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Feb 5, 2009Here's what I'm staring at. — image
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Feb 5, 2009I almost never look at other things besides chart..pointles distracting information if you ask me. If there is news I expect movement, that's about it...for better of for worse.
Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Feb 5, 2009These longs have been accumilating for 5 hrs, it tells me we have a ways to go up still. clear 130.30 and were good.

Auslanco - GBP/JPY and GBP/USD (newstrade)
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Petefaders replied Feb 5, 2009+7 another long scalp..can't believe I missed most of the move up. For 5 hours I saw accumilation then boom. +60 pips for the day. Weekly pips: +452 pips
Petefaders Journal & Open Discussions
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Petefaders replied Feb 5, 2009another +10 pips, had to jump back in this wild up move..was expecting this from building volme on up moves in this zone. thats why I took earlier longs that went bad..gotta work on that timing.
Petefaders Journal & Open Discussions
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Petefaders replied Feb 5, 2009out +20 nice and quick.
+43 pips for the day, 7 trades. Weekly pips: +435 pipsPetefaders Journal & Open Discussions
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Petefaders replied Feb 5, 2009Long at 129.09, neckline rejected, 1min volume favors long
Petefaders Journal & Open Discussions
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Petefaders replied Feb 5, 2009long 129.04 1min up volume building.
Petefaders Journal & Open Discussions
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Petefaders replied Feb 5, 2009out +14..not trusting G/J much today. +23 pips for the day, 5 trades. Weekly pips: +415 pips
Petefaders Journal & Open Discussions