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- Putto replied May 28, 2008
Close trade 47 at 205.26 + 80 pips Trade 48 Reverse position to long at 205.26 T/P 206.06 S/L 204.60
Putto's Trade Ledger
- Putto replied May 27, 2008
Closed Trade 46 at 206.15 + 177 pips Trade 47 Short 206.06 T/P 204.75 S/L 207.05
Putto's Trade Ledger
- Putto replied May 27, 2008
No disrespect pipmachine but i think you will find that these ideas of utilising S/R arent exactly new or revolutionary. Nearly all successful traders incorporate S/R in their trading (Billy being one of many successfully doing so). And out of ...
Making Money and the Most Basic of All Basic Strategies
- Putto replied May 26, 2008
In Aus' own words... — Thats why!
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Putto replied May 26, 2008
Week Summary Week 5 Trades # 40-45 Result: + 465 pips Assessment: C: Average week - very little movement in early part of week- also part timer week- missed majority of only breakout (not being infront of station)
Putto's Trade Ledger
- Putto replied May 25, 2008
T/P on Trade 45 hit + 96 pips Long at 204.38 T/P 206.40 S/L 202.45
Putto's Trade Ledger
- Putto replied May 22, 2008
Back from my break refreshed! Trailing stop hit on trade 35 and 43 at 203.09 + 26 and + 41 respectively Buy limit hit past resistance at 204.65 Trade 44 and T/P hit at 205.65 + 100 Trade 45 Short at 206.06 T/P 205.10 S/L 206.95
Putto's Trade Ledger
- Putto replied May 20, 2008
Well post 1 has a long winded explanation of my trading. If you have any specific questions feel free to ask.
Putto's Trade Ledger
- Putto replied May 20, 2008
Trade # 41 trailing stop hit at 203.26 + 2 pips woooo Trade # 42 short 204.00 T/P 203.00 S/L 204.95
Putto's Trade Ledger
- Putto replied May 20, 2008
I agree, and to clarify no offence was taken (and I apologise if i caused any). I think this was largely a miscommunication. And yes the value of this thread is in constructive and educational posts from experienced traders. Even if the thread is ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Putto replied May 20, 2008
ok last words im going to waste on this topic...i WAS right about that trade it dropped 40 pips from where it was called...anyway...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Putto replied May 20, 2008
lets see if retracem,ent trades against d trend actually do work putto?????
Auslanco - GBP/JPY and GBP/USD (newstrade)[/quote] Of course they work I dont think you understood what i was saying. I was questioning the basis of thinking it would retrace up to 100 pips from 203.10 which was ...
- Putto replied May 20, 2008
No offence but thanks for stating the completely obvious. Retracements are caused by profit taking from profitable moves. However what we are seeing here (and have been for days) is the lack of direction common from being stuck within a range ...
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Putto replied May 20, 2008
You may want to lock that in....
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Putto replied May 20, 2008
Im well aware of the magic of retracement trades however there is no real big fall to justify the slingshot retracement. Any up move will be of its own impetus not profit taking. But you are right trade what you see.
Auslanco - GBP/JPY and GBP/USD (newstrade)
- Putto replied May 20, 2008
Its funny how two people can look at the same chart and see opposite things Good luck!
Auslanco - GBP/JPY and GBP/USD (newstrade)