Thread: Defensive Trading the Force Continued

Originally Posted by ;

quote I went ahead and closed position for -10 pips. Got to go to bed and work a real job

allow me to know when your on tmrw then. I owe you 10 pips. Im going to hold this particular trade.

EUR USD,

My stop has been moved back to its original position as the price has closed back above the resistance line. Im planning to continue to hold this place because theres no reason I shouldn't. The bears tried and failed. Maybe they'll try again or perhaps they wont.

When the price hits the resistance lineup sick take partial profit and move my stop to BE.

Originally Posted by ;

quote Let me know when your on tmrw then. I owe you 10 pips. Im going to hold this trade.

No worries my friend. I see the transaction worked out with about 30-35 pip draw down. That is not bad for time frame that is H1. If I can't Deal with a 10 pip loss I got lol, no business trading

Euro Trade has been 109.200 Sell according to chart. .

Originally Posted by ;

quote No worries my friend. I see the trade worked out with roughly 30-35 pip pull down. That isn't bad for H1 time frame. If I can not handle a 10 pip loss I got no business trading, lol

Truly it was a eventually a loosing trade. I called it risky before we began but although it was risky all of the logic was there for a good trade. Its failure to clean the resistance line the quantity of the london open drove the price down as traders can see the numerous failures to clear that the resistance. At the present time the price seems lost and we have just over 24 hours to earn some strong pips from this pair.

Euro trade 62 pips and shut on the pivot line.

Pound Dollar opened buy at 143 800 uk am time allowing this run till tomorrow.

Closed pound dollar trade at 35 pips.

Weeks trading looks like 40 - 40 - 60 - 35 totals 175 pips for its first week.
Nice System.

Originally Posted by ;

Only closed pound dollar exchange at 35 pips. Trading looks like 40 - 40 - 60 - 35 totals 175 pips to its week. Nice System.

Awesome!! Sorry about my absence was a busy afternoon on the side that is private. Lets make some pips.