EURUSD

[yeahbah]

I have a pending order to sell at 1.2020, 12040,1.2060,1.2080 and 1.2100. All targets are 1.1700 hopefully before the month ends.

May something in common tayo. I sold the pair at 1.2035 and 1.2065. My stop is at 1.2110, target somewhere down there he he

[yeahbah]

staggered din stops ko starting at 1.2180 yung first.

Pansin ko boss tsip, manipis mga stops na nilalagay mo around 30 pips ka lang yata ano? Here's what you do kung conservative ka sa losses:

Let's say 30 USD and allowable loss mo, stretch that to 100 pips as much as possible. Medyo volatile ngayon so give your trades some room. 30USD/100 pips so more or less 3 microlots ang positioning mo instead of taking 1 minilot with 30 pip stop loss. But stick to 1:2 loss-profit objective para sulit naman mga trades mo.

I agree 30pip stop loss is too tight; kay daling tamaan nyan. Much worse kung 1pip-sundot stop ang mangyari sayo.

Or try scaling in din. Assume that 50% of the time your entry/timing will be wrong. Swertihan lang ang perfect entry. Hindi naman averaging down ang nangyayari dahil pasok pa rin sa iyong risk management.

[yeahbah]

Took profits muna. Sa uulitin

[beast_master]

ako din partial TP muna. Moved some stops to BE para worry free. I left 1 short entry order ulit sa 1.2060 and I have unfilled orders pa on others so if ever this go back up I have still a chance to get back in the market. I really wanted the 1.21 and above kaya lang di talaga makaakyat eh.

[yeahbah]

Possible pa rin na umakyat dahil valid inverse H&S breakout ang nangyari sa 1 hour chart. Sa kasalukuyan ang presyo ay malapit sa breakout level, 1.1970. Sinusubukan na ngayon ang suporta ng breakout level. Kung bibigyan ako nag pagkakataon na mag long, hindi ako mahihiya at magsasampung isip.

[beast_master]

On the other hand, i removed all my entries below 1.21 I'd rather sell this at 1.21 and above. To hedge my EUR based trades I have put an entry order to go long at EURCHF at 1.3820 TP 1.4400 stops 1.3750 just in case mag intervene ulit and SNB. The price action at EURCHF looks ripe for another 600 pip up move. hehe

[yeahbah]

Uy! ayos yan ah, tingnan ko nga he he

[yeahbah]

Possible pa rin na umakyat dahil valid inverse H&S breakout ang nangyari sa 1 hour chart. Sa kasalukuyan ang presyo ay malapit sa breakout level, 1.1970. Sinusubukan na ngayon ang suporta ng breakout level. Kung bibigyan ako nag pagkakataon na mag long, hindi ako mahihiya at magsasampung isip.

ay hindi pala inverse H&S, sa AUDUSD yun he he, ascending triangle.

[beast_master]

I decided to close all my shorts. The price action is showing formations of higher low across USD pairs and even JPY pairs. That is a potential risk appetite bounce on the back of rate hike of RNBZ today. But I am gonna short this still at 1.21 & above and target is still 1.17. I just want to get in at a better level.

[yeahbah]

Pinasok mo pa rin sa 1.21 pards?