Well Well Well. — My AH soldier so valiantly lost me another 50 pips. I will treat the AH trades as I would any other trade. So I will not be combining them as a second part of their corresponding initial "loser". I was closed out at 1.5681. I ...

Static's Place

Status — Trades Taken: 2 Winners: 1 Losers: 1 P/L: +46 pips My overall demeanor: Life is good!

Static's Place

stopped out — Ok, I was stopped out at 1.5731 for a loss of 13 pips. The market has since dropped to 1.5613 and I have an AH order sitting at 1.5731 to buy with a 100 pips TSL. Providing that my AH is not triggered first, I am a buyer at ...

Static's Place

Trade iffy. — I'm pessimistic about the 1.5750 trade. It is hanging around in the 1.5760 area, looking like it may shoot south and take me out. But, I will not close, I agreed to let the TSL take me out, and thats what I will do. On another ...

Static's Place

Stop Adjusted — Trade #2: Stop moved to 1.5665. Update: Stop moved to 1.5690 (-54 pips if taken out) Note: Not the healthiest looking trade so far. Might not be too much upside left... On the bright side, descending 1 hr trendline was ...

Static's Place

Order not filled... but — Obviously my order at 1.5500 was not filled. I have entered a long position at 1.5744 with 100 pip TSL. The reasoning behind the trade is that it is a nice 200 pip + retrace from the current high of 1.5903. It is a ...

Static's Place

Trade #2 — Well that easily broke the 1.5500 mark. Market is still looking very bullish. There is a possible bullish outside bar forming on the 4hr right now which would signal a possible continuation. However, I am not going to jump in at ...

Static's Place

Wrong wrong wrong — Well looks that last spike was not the medium term top. The strength of this market still amazes me. I wonder if 1.5500 will hold.... for long. :

Static's Place

Ace, I agree. I would not enter blindly off of this area. I would have to see a good indication it was stalling.Assuming a significant (100-200 more pip) retrace happens, I may consider placing a limit order at 1.5150, as I think this is an ...

Jacko's Forex House of Pleasure and Pain

Retrace? — Looks from that nasty spike to 1.5495 that we may have seen the medium term top here. I am expecting probably to see 1.5150 although that may be over optimistic. I will be watching closely for a place to get back in long. I favour ...

Static's Place

Retrace — It seems like we have just seen the medium term top. The fact that such a big exhaustion spike happened during high volume trading hours screams downside to me. It will be interesting to see how far it will make it down. I want to ...

Jacko's Forex House of Pleasure and Pain

Retracement coming?? — I think we may see a retracement soon. The market has been so strong, but I don't see dropping to 1.5250 to be out of the question. We have lost a 4Hr trendline. Albeit, not a great one. I am waiting for a retrace, ...

Static's Place

Reminder — I would like to remind everyone that might glance at this journal that my trades do not represent those of Jacko's group. I trade at my own discretion, and I do some things differently. So, follow any of what I say at your own risk. ...

Static's Place

How much has the TSL cost me? — Had I closed trade #1 at 1.5416 as indicated I would have made 116 pips. Almost double! Running cost of not following my intuition: 57 pips

Static's Place

Running Total!!! — Trades Taken: 1 Winners: 1 Losers: 0 P/L: 1.18% My overall demeanor: Life is good!

Static's Place

Trade #1 — OK, trade # 1 stopped out at +59 pips. That is alot to give back percentage-wise, but what is my alternative? Sit and stare at the screen hoping to capture every pip. I only need to repeat this 4 times per month at 2% risk for a 30% ...

Static's Place

Emotionalism — Since the point of this thing is to keep track of my emotions while trading, I am going to do something that I've never done before. I have decided to always follow a mechanical method to exit my trades (according to Jacko's ...

Static's Place

How high can you go. — Man, the strength of this market is really surprising me, even though maybe it shouldn't. We have seen only 2 - 100+ pip retraces in over a month. Maybe a good time to go short... haha... (I'm kidding) Should be an ...

Static's Place

Update — My order was filled at 1.5300. The market has since rose to 1.5370. My TSL is now at 1.5270 so my risk is now only 30 pips. I will let this run until the stop takes me out. Update Mar. 7: Stop moved to 1.5329 - 29 pips locked in. ...

Static's Place

Next order — I have an order to buy at 1.5300 with a 100 pip TSL. I consider this to be very aggressive, but I have been left behind too many times in this uptrend. The 1.5300 area is a 50 pip retrace from the current high and a nice round ...

Static's Place