Rsi Breakout

Sep 29, 2009 at 16:18
Vues 13,101
163 Replies
Membre depuis Aug 06, 2009   posts 397
Apr 04, 2010 at 22:41
and another one in the usdjpy (also just entered):

<a href='' target='_blank'><img src=''/></a>

even if it continues upside, the price should make a retrace back to the last resistance, so that's the target. the stop is the next resistance in line. let's see how it goes..

Fichiers joints:

Sleep is for the weak.
Membre depuis Aug 06, 2009   posts 397
Apr 06, 2010 at 10:25
closed both position for a small total loss (about -20 pips).

the usd has changed course and looks like it's bullish. waiting for an entry.
Sleep is for the weak.
Membre depuis Aug 06, 2009   posts 397
Apr 06, 2010 at 15:04
ok, price in the gbpusd has retraced to a previous support, which now acts as resistance, so trying a short:

<a href='' target='_blank'><img src=''/></a>

Fichiers joints:

Sleep is for the weak.
Membre depuis Aug 06, 2009   posts 397
Apr 09, 2010 at 08:43 (édité Apr 09, 2010 at 08:45)
stopped out -120... should have closed the trades for a smaller loss - it was in front of my eyes (higher lows, and usd went south on other pairs)

it was a bumpy ride - the trade went into positive, then negative, then positive, then negative again.

waiting to re-enter and get my pips back again.
Sleep is for the weak.
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