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steelhead replied Feb 12, 2009Notice how price came right up to resistance broke getting some traders long then came right back down. Classic sucker play get em long with their tight stop loss and take there money. The previous high was 1.2538 price came up just now tested it ...
steelhead trade journal
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steelhead replied Feb 12, 2009new trade onj eurogbp sell. Stops are in red. Want to keep stops above yellow line just in case they want to test resistance and break it a bit. Will add more up there if i need too. Peanut Gallory
steelhead trade journal
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steelhead replied Feb 12, 2009here are some specific rules when trading the market with this system. Good old Pinchapip cracks me up with his scam journal. Writes novels as posts and still dances around the issue. Its an utter waiste of space. Don't get cought up in reading ...
steelhead trade journal
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steelhead replied Feb 11, 2009you have come along way man im glad to see you having success. I hope though you are not looking to short this thing anytime soon
Cool Runnings intraday swing trading
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steelhead replied Feb 11, 2009Im looking for longs. No reason to short at this level.
Cool Runnings intraday swing trading
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steelhead replied Feb 11, 2009That cool man all im saying is it seems earily similar to what you were tought when you were trading with us. Im glad you are finding success. I hope you continue to find success
Cool Runnings intraday swing trading
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steelhead replied Feb 11, 2009wow this sounds so similar to what tatton was tought from a few folks back a bit ago. Im glad to see you were paying attention tatton
Cool Runnings intraday swing trading
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steelhead replied Feb 11, 2009' I will never do an Ea I always want to have the final word on wether or not i enter a trade.
steelhead trade journal
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steelhead replied Feb 11, 2009Wow this seems rather similar to what i talk about. Interesting
sell high buy low
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steelhead replied Feb 11, 2009So you are +122 and stops at b/e from what i understand. Thats awesome it is now a stress free trade. You have options at this point as well you can take some profit or just let it go. Typically i will take a bit of profit along the way, but always ...
steelhead trade journal
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steelhead replied Feb 11, 2009you guys dont know how happy it makes me to see some of you progressing in your trading and learning new things. It makes me happier than even when i have a winning trade. Its awesome to see Trading doesnt have to be stressful or time consuming, you ...
steelhead trade journal
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steelhead replied Feb 11, 2009Great job simon keep up the good trading. Alot less stressful trading this style dont have to sit in front of comp all day. I always open the charts one hour before four hour close eastern time. Then i stay till the four hour close if nothing looks ...
steelhead trade journal
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steelhead replied Feb 11, 2009new gu trade not the best entry i knew it would test the 4400 area. Greenline buy price and redlines ofcourse represent tp and stop loss areas. Later
steelhead trade journal
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steelhead replied Feb 10, 2009last move down should just be a shakeout. Not long yet but getting closer to wanting to take position long
steelhead trade journal
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steelhead replied Feb 10, 2009Good question usually if it is a normal time of trading for me i might give it longer before setting stop to b/e i took this trade during a time i dont usually trade. However anytime you are up 50-60 pips on a trade there is no reason you should let ...
steelhead trade journal
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steelhead replied Feb 10, 2009Galation we have talked before. My system is based on these vary things. Trading alongside the market makers. Look for areas where they are most likely to get active and trade with them. thats what i do
How do market makers and institutional traders trade?
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steelhead replied Feb 10, 2009another free webinar tonight for those who want to learn a few things about the market and what setups I look for. contact me via yahoo im for more details
steelhead trade journal
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steelhead replied Feb 10, 2009happened to be watching the charts at the time. Again stops are at b/e so its a no stress trade for me. Just let it do its thing. If i get stopped out no big deal. What up Merino long time
steelhead trade journal
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steelhead replied Feb 10, 2009Stops at be now. Time of day and such makes me set stops a bit earlier than i usually do. later
Cable Update (GBPUSD)