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- muneeflo replied May 7, 2013
I think the main thing is using the risk vs. reward like SP does. if you can get like a 1.5 to 2 reward to 1 risk , cutting your losers while letting your winners run ( sometimes you have to take a 1:1 or a break even, but cut those losses quick) I ...
- muneeflo replied May 7, 2013
I sold the weekly @154.52 6 am est yesterday and took profits at 9 pm est last night @153.84 for a 3:1 R. I wanted to hold for 153.38 but i didn't like how it was acting. that chat is a good idea. i may pop in if that's ok. i don't know where the ...
- muneeflo replied May 6, 2013
yes what seneca said, but i would add that we can scroll back on the charts during boring times (like today or the weekend) and see if a level was tested before, how many times it was tested, and how many times it held/broke. It still is never 100%, ...
- muneeflo replied May 1, 2013
the Eur/usd is testing the 1.3190 weekly. below is a weekly close of 1.3096. it is expected that ecb will cut .50 bps. if cut won't the euro go down? short @ 1.3190 with a target of 1.3100. what do you guys think? stop loss 1.3208 looks llike its ...
- muneeflo replied Apr 28, 2013
"my advice is valuable" yes very valuable. This has been my favorite thread on FF for a while now. It has helped me alot. I have traded stocks since 1998 and forex since 2006. I have blown 6 accounts (after gaining 100 and even 200 and 300% gains ...
- muneeflo replied Apr 25, 2013
no i just added on this spike.
- muneeflo replied Apr 24, 2013
yes good to wait and not overtrade i am -100 on this short position right now, i am saving some dry powder, but i need to see if it can break this resistance first.
- muneeflo replied Apr 23, 2013
took my profits @150.58 +75 pips. I am long now @150.50.
- muneeflo replied Apr 22, 2013
" will Long again on 150.90 if not lower " yes thats a very big support down there imo (9150.90-151.00 area). I hope to take profits and join you at 151.00.
- muneeflo replied Apr 22, 2013
nice entry Clinton. Looks like u are way in the green. I took my profits at 151.03 +90. I reshorted @151.33 i am down 40 pips atm.
- muneeflo replied Apr 22, 2013
good morning guys. short @151.93.
- muneeflo replied Apr 19, 2013
i got stopped out -50 pips. standing aside for now.
- muneeflo replied Apr 18, 2013
thanks SugarPink.
- muneeflo replied Apr 18, 2013
i thought they were going to cut rates on the Euro? why is this going up? its making me want to short it soon.
- muneeflo replied Apr 18, 2013
you were right blobsaudio. nIce call! usd/jpy stronger today as well, i am going to try and add some higher today,( short)
- muneeflo replied Apr 17, 2013
made a lot of pips today on GBP/JPY. turned short again. I am targeting 148.00 atm.... i may hold for a futher break lower but will wait until then to decide..
- muneeflo replied Apr 17, 2013
thx albchr. I usually trade from as early as i can get up (i am est) until about 11 am est. but do you notice lately that the big moves have been after 3 pm est- like 7-8 pm? usually a boring time with no movement...
- muneeflo replied Apr 17, 2013
good morning all. I added to my short position overnight making my average 150.32.
- muneeflo replied Apr 16, 2013
good morning guys. I am itching to short this! watching atm. ok i tested the waters at 149.73.
- muneeflo replied Apr 15, 2013
145.12 is a line that i had on my chart from way back. its close to that 145.40 that you mentinoed albchr. Also note the 200 dma. I know 137.79 is a long way down , but we haven't touched it since Nov. doesn't mean we will touch it this week, but i ...