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Shermenator replied Jan 20, 2012EurUsd — Closed halve of my short position in the eurusd... Short position in the gbpusd I have brought stops down on it.... image
Price action momentum trading
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Shermenator replied Jan 20, 2012EurUsd — other trade I am in EURUSD image
Price action momentum trading
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Shermenator replied Jan 20, 2012GBPUSd — I am now short here... Will watch price action as it develops... image
Price action momentum trading
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Shermenator replied Jan 20, 2012I dont come in at the close of the candle usually either ...you want price to break previous candles high to prove to you that the momentum that you just saw in the market are still there. If there is still bullish momentum they should be able to to ...
Price action momentum trading
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Shermenator replied Jan 20, 2012The market is failing at to sustain at the highs ...trapping long traders they are taking stops out.. Also your taking the momentum candles high in price not withing a pullback... image
Price action momentum trading
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Shermenator replied Jan 19, 2012EurUsd — Alright I am now out of the market with a nice profit on my long

Price action momentum trading
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Shermenator replied Jan 19, 2012EurUsd — Alright I have now moved stop loss up again... Protecting profits its key image
Price action momentum trading
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Shermenator replied Jan 19, 2012EurUsd — Alright I have now started trailing candles low ....keep in mind I only have half of my position open now image
Price action momentum trading
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Shermenator replied Jan 19, 2012Yes I agree its an attempt to reverse by buyers....but the problem is that still in an uptrend at that point....so your focus is still look for buying momentum...or just buying PA
Price action momentum trading
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Shermenator replied Jan 19, 2012Trend was still up ....no real big candles going down. You want very strong candles pushing down to change your bias
Price action momentum trading
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Shermenator replied Jan 19, 2012EurUsd — Current long position Eur USd Took profits already at this high only have halve of the position open image
Price action momentum trading
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Shermenator replied Jan 19, 2012EurUsd — Other trade I am in.... image
Price action momentum trading
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Shermenator replied Jan 19, 2012AudUSd — Currently long in this trade.... Will manage stop as it moves my way. image
Price action momentum trading
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Shermenator replied Jan 17, 2012EurUsd — Have now reduced my stop to the last candles high...locking in a very small profit but o well. This will be my last trade for the day not interested in trading as we approach London close....time to close business for today image
Price action momentum trading
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Shermenator replied Jan 17, 2012EurUsd — Alright I am liking my short position so far...this trade has no risk since I already closed halve of the position in profits. Like the fact we left some wick to the upside last hour though I would of prefer a little less of a fight ...
Price action momentum trading
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Shermenator replied Jan 17, 2012EurUsd — Alright I have now closed halve of my trade at 1 to 1 Will watch price action as we move towards support. Depending on how price moves on me I will consider going long or short depending on price. This is now a free trade image
Price action momentum trading
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Shermenator replied Jan 17, 2012EurUsd — I am now short eur/usd Using a pretty tight stop will watch price action as it moves image
Price action momentum trading
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Shermenator replied Jan 17, 2012Market update — Based on current price action seems like the market is starting to start taking profits to the movements of today. I will start looking to take trades in the other direction as the session continues. Though if price shows me ...
Price action momentum trading
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Shermenator replied Jan 17, 2012EurUsd — Alright I am now out of the eurusd Might short since the over all downtrend my want to resume now that we have hit major support... image
Price action momentum trading
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Shermenator replied Jan 17, 2012Usdcad — Alright took a lost on this trade still managing the eurusd investment . image
Price action momentum trading