My trading journey (By 03maree03)
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My trading journey Обсуждение
Dec 20, 2013 at 05:03
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3 Replies
Участник с Dec 20, 2013
14 комментариев
Dec 23, 2013 at 13:58
not sure who is seeing this but I'm try to verify my account...any ideas?
Allow yourself to be a beginner, no-one starts off an expert.
Участник с Dec 20, 2013
14 комментариев
Dec 29, 2013 at 15:01
I'm not trading live over the Chrissy break but thought I'd make some predictions on here for the next week...because I'm keen lol. I only trade on the dailly ... tried intraday trading and was terrible at it! just look at Nov 13 and you'll see what I'm talking about.
AUDUSD: It's just sitting below the .89007 resistance line, and at the top of the downward trend line. I think both the resistance line and trendline will continue to push the price down so if I was trading I would set a sell stop @ .88457 and set my t/p to at least .87457
Looking at all the other major's I happy to sit and wait.
AUDUSD: It's just sitting below the .89007 resistance line, and at the top of the downward trend line. I think both the resistance line and trendline will continue to push the price down so if I was trading I would set a sell stop @ .88457 and set my t/p to at least .87457
Looking at all the other major's I happy to sit and wait.
Allow yourself to be a beginner, no-one starts off an expert.
Участник с Dec 20, 2013
14 комментариев
Dec 29, 2013 at 15:02
Just looked over the AUDUSD again and that support/resistance line has been a major support line (hiting twice back in Aug 13, and prior to that was way back in Aug 10) for a while from what I can tell. With that in mind, what I'm seeing may just be a testing of this support line and it may not yet be a resistance line if that makes sense lol...so depending on how strong the trendline is may be a very big contributing factor as to whether the price continues to break through or not. In saying that I would cancel my sell stop and sit and watch. There will always be another opportunity to enter a trade with less risk involved.
Allow yourself to be a beginner, no-one starts off an expert.
Участник с Dec 20, 2013
14 комментариев
Jan 01, 2014 at 13:53
Luckily I'm not trading as the support line held at .89007. On another note, has anyone else noticed the Elliott Wave that has formed on the Gold (AXUUSD) It's in it's 3rd Major wave @ the moment. Waiting to see if there will be a 4th & 5th wave or if it will pitter out from here. Trying to remember what it's called when it doesn't make it to the 5th wave? Truncation? When the 5th wave doesn't make it past the 3rd wave.
Allow yourself to be a beginner, no-one starts off an expert.
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