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110908 – Short EURUSD at 1.40577, stopped out at 85 (Loss)

Written by Solb1 Kenobi on Thursday, 8 September 2011, 16:02
20110908_20

It was a valid entry. I had two closes below the buffer of a consolidation zone (two boxes away), so I sold at market about four bars away with a stop loss order above the buffer of the zone I was looking at. Spot only went about 7 pips lower before a new zone was [...] Read more »

Categories: Losers, Naked Trading, Trades

110907 ~ Long AUDUSD at 1.05977, closed at 1.06080 (Profit)

Written by Solb1 Kenobi on Wednesday, 7 September 2011, 16:05
20110907_19

I got the convincing break-up about 4 bars prior to entry and waited for my 3-bar fractal low to form. I had to be strict with the entry; today's NOT the day to make stupid bets. As soon as the third bar formed on that fractal low pattern, I bought Aussie at market, with a [...] Read more »

Categories: Naked Trading, Trades, Winners

Post-trade regrets

Written by Solb1 Kenobi on Tuesday, 6 September 2011, 16:25

My last EURCHF long was in the tiny orange ellipse on this M5 chart. And spot is now above 1.2100 after the SNB set EURCHF floor at 1.2000 (!). Definitely NOT my rezeki. But I’m still thankful to God I’m in the black today…   Read more »

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