Micro Account (By Akhor)
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Micro Account Discussion
Jan 15, 2013 at 21:14
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3 Replies
Jan 22, 2013 at 22:18
GBP/USD Long
1) I had set a major support level on teh GBP/USD at 158314 off the 4HR Chart
2) PA came down to this level then bounced up.
3) PA is now making lower highs and is sitting at the OTE level to go long.
EUR/USD
- This is not in divergence, since the charts are not in sync. Assumming it's going to take a few days for PA to sync again.
1) I had set a major support level on teh GBP/USD at 158314 off the 4HR Chart
2) PA came down to this level then bounced up.
3) PA is now making lower highs and is sitting at the OTE level to go long.
EUR/USD
- This is not in divergence, since the charts are not in sync. Assumming it's going to take a few days for PA to sync again.
Attachments:
May the pips be with you!
Jan 23, 2013 at 16:05
GBP/USD Long - Close
This traded ended up closed for a 0.3% loss on the account. Looks like there was a Judas Swing my the majors which ended up stopping me out.
Lesson Learned:
Divergence is in my trade plan, so make sure it's happening when you enter!
This traded ended up closed for a 0.3% loss on the account. Looks like there was a Judas Swing my the majors which ended up stopping me out.
Lesson Learned:
Divergence is in my trade plan, so make sure it's happening when you enter!
Attachments:
May the pips be with you!
Jan 28, 2013 at 06:16
GBP/USD Long - Couple ours after Sunday Market Open
1) Market is at a major support level and has bounced up.
2) It has retraced to OTE on 1 HR
3) Cable is not Making lower lows, Fiber is making lower lows (Divergence)
4) Novice Gap down after market open.
Entered trade as a double tap, SL at 30 pips
3 Lots will be removed after Novice Gap is filled 21 pips
Last lots will be removed at 0 Fib Level 54 pips
If I'm around and see the trade at +20 pips, the last lot will be moved to BE.
1) Market is at a major support level and has bounced up.
2) It has retraced to OTE on 1 HR
3) Cable is not Making lower lows, Fiber is making lower lows (Divergence)
4) Novice Gap down after market open.
Entered trade as a double tap, SL at 30 pips
3 Lots will be removed after Novice Gap is filled 21 pips
Last lots will be removed at 0 Fib Level 54 pips
If I'm around and see the trade at +20 pips, the last lot will be moved to BE.
Attachments:
May the pips be with you!
Jan 28, 2013 at 16:06
GBP/USD Long - Close
This trade failed. Account drawdown 0.74%.
Unfortunately this is the first time in a long time that I have not seen a Novice gap filled. My biggest mistake here was not taking the trade in the direction of the 4 hour. Also, the Correlated Pair divergence may not be as useful when the pairs are so far out of sync.
This trade failed. Account drawdown 0.74%.
Unfortunately this is the first time in a long time that I have not seen a Novice gap filled. My biggest mistake here was not taking the trade in the direction of the 4 hour. Also, the Correlated Pair divergence may not be as useful when the pairs are so far out of sync.
Attachments:
May the pips be with you!
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