Took a short on the EU at 2590 after the 15M pin and failure to close above the 2600 level. Lots of MAs and 131's TL to get through... image

Trade what you see NOT what you expect

AU Shampoo — We could be setting up for a shampoo on the AU 15M if that 9800 level holds... image

Trade what you see NOT what you expect

Stopped out on my AU short at 85. Thought about either closing my remaining half or reversing my position when the 2nd 15M candle failed at the 50ema but didn't. I go "deer in the headlights" sometimes at these decision points. image

Trade what you see NOT what you expect

Thanks. I've moved my stop to +9 on my remaining 1/2 and just above the current large bearish candle.

Trade what you see NOT what you expect

131, I was looking at this at the time but wasn't sure how to "know" when/if I should enter. Price is sort of hanging in midair, it's broken below the MAs which indicates downward movement. Is the DBLHC and the failure of the 3rd candle to go below ...

Trade what you see NOT what you expect

AU Short — Took a short on the AU here at 94. H1 hangman failed to close above the H1 previous pin and a nice 15M pin. image Covered 1/2 here at 80, S/L at 9504, so a B/E trade now. Will adjust stop depending on upcoming PA. image

Trade what you see NOT what you expect

Looks like you nailed both the top and bottom of that movement. Depending on spread at the time, your 99 stop should have just held. Nice work! image

Trade what you see NOT what you expect

I've been traveling a bit and am just going through the thread to catch up. Trotty, Thanks for your input. Looking back through my trades, I have been able to identify good areas to enter but just need to pay more attention to PA as each candle ...

Trade what you see NOT what you expect

Stopped — Stopped out on the AU short. I need to pay more attention to the London close as it seems the price is pushed hard into the close and then changes direction quite often. The London stock market close is at 4:30 PM London local time ...

Trade what you see NOT what you expect

AU Short — AU Took a short at the red arrow and covered half at the green arrow. Have the other half covered at +3. Let's see if the AU can break below the shelf at .9950. image

Trade what you see NOT what you expect

Thanks for responding. My rational mind knows to trade the pullbacks to the MAs in the direction of the trend. However it seems like I resist taking those trades because I see price moving in the opposite direction. I believe this may require ...

Trade what you see NOT what you expect

Captain, Thanks for the input. I've printed out the worksheet and will be reviewing it before I start my trading day. When you say "trading away from the MAs" I believe that you mean selling/buying at the MAs in the direction of the current trend. ...

Trade what you see NOT what you expect

Stopped Out Trades — I'm hoping to get some comments from the experienced traders here on a couple of trades that I took this week. Both were stopped out almost to the pip before proceeding in the "right" direction. How are you handling your ...

Trade what you see NOT what you expect

Nicely done. Well, I hate to bail now when the action is just starting but I need to get some sleep. I hope that the EU/GU take off for ya. Cable news in 15M, FYI...

Trade what you see NOT what you expect

Cable might be getting ready to move off this TL on the 1H and the 6100 figure.... image

Trade what you see NOT what you expect

I "know" that I should have left my stop below the 1.2900 level but with the momentum favoring the downside I figured that I would get covered quicker than usual. Would have been nice to grab a quick 10 on half but it didn't quite get there.

Trade what you see NOT what you expect

Stopped @ B/E. Was looking for a strong bounce off the 1.2900 area but not getting it yet... image

Trade what you see NOT what you expect

EU @ 1.2900ish — Picked up a long on the EU @ 1.2912... Already set S/L to B/E so we'll see which way we go. image

Trade what you see NOT what you expect

So slow... — Closing out here for a couple pips. Didn't get a strong retracement and it looks like the TL is compromised on both the 1H and 4H. image

Trade what you see NOT what you expect

GU @ trendline — Took a short here looking for a quick retracement back to the 70 level. We'll see if this TL holds. S/L above the 200 level. image

Trade what you see NOT what you expect