Review of Strategic Tips on Milking the Major Currency Pairs in Live Forex Trading - page 2
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hi mate
how can i get that jacko trend?
thx
masonIs this AKA Rumpled One, Code Muncher, and who knows how many other aliases?
The same one who posts meaningless indicators and drivel all over forex land, attempting to impress anyone who'll
listen?Hi paradoxical, its not polite to talk about someone that way. A chap requested for help and he was the only one that
offered to willingly assist. For that, I think he's a nice bloke, even if I'm just knowing him. If you got any grouse against
him, its better to meet him personally and settle it. For me, its all about making money from trading.
[14:01:34] Stalion : hi all
[14:05:43] Stalion : like we said earlier, price on the gbp pairs are looking to go down around the resistance area,...so we
should be preparing to go short
[14:10:39] eugen3000 : ok stal, im also short biased, but not in any positions as of now
[14:11:06] takbal : the same here
[14:13:41] eugen3000 : sounds great
[14:18:17] takbal : Stal do you think it will drag up EURGBP as well? or eurusd is going to fall? any of them should if gu
goes down...
[14:48:19] masif1 : which one we short on?
[14:52:07] eugen3000 : not yet masif
[15:00:10] Stalion : we sell gbpusd @ 1.7800, 1st target @ 1.7770
[15:02:14] caprica1 : 40 pip stop?
[15:03:42] Stalion : 30 pip stop...for 1;1 risk to reward ratio
[15:04:17] Stalion : To clarify on management of our trades so we dont give away profits....
[15:05:08] Stalion : please take half profits when the trade is 20 pips in your favour...then put your stop loss to entry...
[15:06:29] Stalion : i've said it before and i'll still say it again ...lock your profits after +20 pips, so at least you leave away
with gains at the end of the day..
[15:07:56] masif1 : did i miss the trigger
[15:07:58] eugen3000 : sounds good for me Stal!
[15:09:02] masif1 : i take it i got the alert too late
[15:09:46] eugen3000 : you are Stal, +20 locked in, sl at be at the rest, thank you!
[15:10:29] Stalion : like our pal, masif...hope you understand....even if you are using just 1 minilot,close 0.5 off when +20
pips in profits, then allow the rest to ride...if 2 minilots, take 1 minilot off, den allow the other 1 minilot to ride...WHILE
putting your sl to ini
[15:10:45] caprica1 : yeah got here too late. Never mind. Always another trade.
[15:11:48] caprica1 : or can I put a sell stop on it?
[15:13:36] Stalion : 2nd target should be 1.7761
[15:14:06] Stalion : 3rd target should be 1.7735
[15:14:52] caprica1 : can I get in @ 1.7761 with a first target of 1.7735 then stal?
[15:17:06] Stalion : am not sure, cap, until the first target is hit...remember your risk wud be higher since you didnt start in
early..
[15:19:56] caprica1 : got you stal.
[15:21:11] Stalion : 3 more pips to go to our 1st target of 1.7770
[15:23:07] Stalion : 1st target hit..!
[15:23:18] masif1 : thanks stal understood
[15:24:30] Stalion : 2nd target to go @ 1.7761
[15:24:35] caprica1 : no probs
[15:25:48] Stalion : remember masif, if you are now at +20, kindly take off half profits for now...
[15:25:52] Stalion : 2nd target hit!
[15:26:32] Stalion : 3rd target to go @ 1.7731
[15:27:03] klho83 : Targat 2 hit
[15:27:46] masif1 : damn it
[15:27:51] masif1 : missed that as well
[15:27:57] eugen3000 : super!
[15:28:05] caprica1 : has the price just gone through the 64% fib Stal?
[15:29:10] Stalion : dammit, masif....ur breaking ma heart again with ur tears emoticon...dont tell me u lost again!!!
[15:29:29] masif1 : nope didnt get in the trade
[15:29:40] masif1 : both the first call or the second
[15:29:47] Stalion : 64% fib? i dont understand, cap...
[15:30:39] masif1 : close to hititng the thrid target
[15:30:45] Stalion : 6 more pips to our 3rd target point
[15:31:05] caprica1 : i have put fib lines on my chart from yesterday's low and high, and the price has just gone past the
64% fib line.
[15:31:35] caprica1 : Stal I entered oon the 2nd target and used 3rd as my 1st. Just hit. Thanks.
[15:31:56] Stalion : way to go, caprica....
[15:32:12] Stalion : 3rd target hit!
[15:32:12] masif1 : well done cap
[15:32:21] masif1 : i was too late for both
[15:32:35] caprica1 : muchas gracias senors
[15:33:32] Stalion : 69 pips for now....
[15:33:52] caprica1 : for now? like the sound of that. lol
[15:34:41] caprica1 : it still looks like its heading for the overnight high of 1.7706
[15:34:46] caprica1 : overnight low sorry.
[15:35:00] Stalion : well, we havent closed all trades yet...putting a 15 to 25 pip trailing stop loss would be prudent
[15:36:03] caprica1 : i closed out at the 3rd target point.
[15:36:17] masif1 : trailing stop loss - thats a good idea ;-)
[15:36:20] Stalion : 4th target @ 1.7705
[15:36:26] masif1 : hey i'm smiling :-)
[15:36:51] Stalion : 5th target @ 1.7676
[15:36:53] caprica1 : it's certainly going for that .7706 number
[15:37:22] caprica1 : a 5th target!
[15:37:49] masif1 : fantastic guys - thats nearly 100pips!
[15:38:19] Stalion : yea....why leave money on the table if price looks like its going to give some more...cap?
[15:38:30] masif1 : i didn;t get in on the second so i'm just sitting by the side lines cheering you guys on
[15:38:44] Stalion : jus apply ur profit mgt strategy and lock in at every step...
[15:38:46] caprica1 : it's just retraded back to .7734, maybe I could get back in
[15:39:35] Stalion : worst scenario, you come out breakeven...
[15:40:18] caprica1 : yep. So i get in at market and ride to 5th target?
[15:41:06] masif1 : you in cap?
[15:41:35] caprica1 : not yet, stupid iphone! lol
[15:41:35] Stalion : opportunities like this dont come everyday in the markets, masif...but when it does come, you got to
be ready for it and milk it for all its worth..
[15:43:00] caprica1 : its doing its best to go back up.
[15:43:48] Stalion : well, cap, you could put a sell stop below a pychological number like 1.7750 or 1.7735,or 1.7720,
then ride it down...
[15:45:05] caprica1 : so may be 1.7734 maybe?
[15:47:21] caprica1 : I'm not gonna chance it. I can't control the trades properly on the iphone. My guy is telling me not
to chance it.
[15:47:34] caprica1 : So i'll be happy with my pips so far, and fight another day.
[15:48:54] caprica1 : that was meant to say my gut is telling me not to chance it.
[15:51:11] Stalion : yea....momentum is kind of slowing down , after dat 69 pip downpour
[15:56:27] Stalion : its only a matter of time though, before price on the gbpusd gets down to our 4th and 5th
target...momentum might now be slow, but it should get there...
[16:00:03] Stalion : Prices, like everything else in Nature, will stop sinking only when they reach rock bottom against
which to push off back up.
[16:12:07] masif1 : gbpusd still going down
[16:13:03] Stalion : 4th target hit!!
[16:12:07] masif1 : gbpusd still going down
[16:13:03] Stalion : 4th target hit!!
[16:16:14] masif1 : damn missed out on on these pipsstalion can you please send me the email alerts to my metafour.com
email address please?
[16:19:03] masif1 : 5th target hit and still going down!!!!!
[16:22:34] Stalion : the thing, masif, you are afraid of losses...when a trader allows fear to overcome him due to some
losses in a row, he tends to shy away from opportunities when they come...fine, we've been stopped out on some of our
trades but that doesnt mean the next
[16:23:45] Stalion : one is going to be the same....until we start getting used to losses, we are not there yet...
[16:24:30] klho83 : i'm out!
[16:25:22] Stalion : how many pips did you make from our gbpusd call, klho83?
[16:25:26] masif1 : even for the entry at the 2nd target
[16:26:40] Stalion : you could've gotten in at our 3rd,4th or 5th targets, masif...though with higher risks..
[16:27:19] masif1 : your right but the damn account wouldn;t allow me as insufficient funds
[16:27:30] klho83 : Add along the way i lost count
[16:32:01] klho83 : Thanks StaLION!!
[16:32:31] Stalion : masif, am afraid you just missed a 124 pip ride...and still counting with a trailing stop loss
[QB]
[10:13:27] Stalion : sell stop for gbpusd @ 1.7840,1st target @ 1.7659
[/QB][QB]
[10:13:57] Stalion : 2nd target @ 1.7592[/QB][QB][10:19:15] Stalion : no probs....had to take it from the monthly timeframe, so it might take a lil while before it gets
fulfilled'[/QB][10:00:53] Stalion : BUY STOP ON GBPUSD@ 1.7635, 1ST TARGET @ 1.7713, 2ND TARGET @ 1.7755, 40
pip stop loss..
We are looking at approximately 120 pips here,$120 minilot,$1200 standard lots on cable
[QB] [10:00:53] Stalion : BUY STOP ON GBPUSD@ 1.7635, 1ST TARGET @ 1.7713, 2ND TARGET @ 1.7755,
40
pip stop loss..
We are looking at approximately 120 pips here,$120 minilot,$1200 standard lots on cable [/QB]Can't win them all Forexgreenland
Yes, Stuart, nothing is 100% perfect in trading as well as in life..Though we got stopped out on 40 pips, 7 pips less to hit
our target,we still locked in profits of +20 or more pips along the way..If you noticed, price on the cable(GBPUSD)
eventually shot through our target points, with more extra pips for good measure.
Hello mystikal,
Please when using MACD for divergences what should i use: the trough that form when red and blue lines cross or the
histogram of the MACD . Please Advise.Onwuka Arisa
***************
Hi Onwuka, if you observed, we used the MACD Histogram from the 1st chart to ascertain whether there was
divergence or not. The Macd Histogram told us that price was overbought and buying pressure was reducing, which was
a precursor to the downward movement on the charts. In order words, MACD Histogram was telling us that the bullish
momentum was tapering off. There was also a bearish hammer and a trendline break to the downside, telling us to cover
our longs.
If I had to choose between the trough that form when the red and blue lines cross(MACD proper) or MACD Histogram,
I'll choose the Hisogram because it is much faster...Notice from the chart above that MACD was trailing behind its
Histogram, which would have been quite slow in forwarning us to cover our longs or take profits at that level on the
charts.
Anyways, we learn from our mistakes.
140 pips less our 40 pips that was stopped out on the 9th, which gave us 100 pips net, $100 minilot,$1000 standard lot
on Friday.
[09:26:43] Stalion : price on the gbpusd looks like its retracing downward from last week's bullish run
[09:31:46] caprica1 : yeah its going towards the current overnight low
[09:38:04] Stalion : there's negative MACD divergence to price on the charts...we are looking for a convincing trendline
break to go short on gu
[09:54:07] Stalion : SELL STOP ON GBPUSD @ 1.7970, 1ST TARGET @ 1.7875, 2ND TARGET @ 1.7788
[09:59:54] Stalion : u can put a sell limit on our entry if you came in late or buy at current market price..
[10:02:40] eugen3000 : limit triggered
[10:02:44] eugen3000 : hi Stal
[10:04:20] Stalion : at what price, eugen?
[10:04:48] Stalion : price is at 1.7991 now
[10:05:25] eugen3000 : 7970 like you wrote
[10:06:49] Stalion : yea
[10:10:35] Stalion : lets sit back and relax, eugen....
[10:49:19] Stalion : LOCK HALF PROFITS AT +20 TO +30 PIPS,WHILE PUTTING STOP LOSS TO ENTRY
LEVEL..
[11:00:00] caprica1 : jot back Stal. Whats this about a sell stop?
[11:00:06] eugen3000 : did it
[10:49:19] Stalion : LOCK HALF PROFITS AT +20 TO +30 PIPS,WHILE PUTTING STOP LOSS TO ENTRY
LEVEL..
[11:00:00] caprica1 : jot back Stal. Whats this about a sell stop?
[11:02:18] Stalion : more of a sell limit, cap..if you missed the original entry and hope for price to go up to ur entry before
reaching down...a sell stop is just following price downwards on its bearish move
[11:06:17] caprica1 : whcih chart did you look at to get the signal Stal? Was it one of the longer timeframes?
[11:08:51] Stalion : looks like a colourful beer carnival, eugen, the oktoberfest u guys are celebrating in
Germany.....though more mellow than the ones in the Rio de janeiro, Brazil..
[11:10:21] Stalion : we do what we call ''top down trading'', cap..first, the weekly and daily charts to get a general
overview..the hourly is to get the medium term overview..the 15 min chart is where you get a more precise view...while
the 5 min is for microscopic view
[11:11:20] Stalion : hi takbal, hope you've locked in half your profits by now...
[11:11:53] Stalion : we are +40 pips now..
[11:13:15] caprica1 : ok
[11:13:47] takbal : well I get on the train a bit late, so I put half lot only
[11:14:08] takbal : but looks like a healthy downtrend, so I risk it
[11:21:01] Stalion : sl moved to entry point,AFTER creaming off half profits
[11:23:33] caprica1 : I go in @ .7970 so I'm + 23 now.
[12:15:28] caprica1 : I'm +53 now Stal. Should I be moving my stop to Breakeven or +20?
[12:18:40] caprica1 : whoops thats 1st target hit
[12:24:12] caprica1 : its looking like a nice start to the week guys
[12:25:47] Stalion : you can say dat again, cap
[12:27:23] caprica1 : how much lower can it go, It's nearly at 2nd target now?
[12:47:22] eugen3000 : 1st and 2nd target hit, wooohoooo, ;-)
[12:48:43] caprica1 : yep!
[12:55:00] klho83 : Good start For the week!!!
[12:55:33] caprica1 : certainly is.
[12:55:51] takbal : was a nice call, thx Stal
[13:10:01] Stalion : 95 pips for 1st target, 182 pips total for 2nd target,$182 minilot,$1820 standard lot in less than 4hrs
[13:10:30] masif1 : another great call i missed today
[13:10:36] masif1 : just my luck
[13:11:17] Stalion : like I said earlier, we should be prepared to take any opportunity that the market gives us...which
doesnt happen everyday..
[13:14:46] Stalion : fine, we might get stopped out on one or two trades...but thats the price to pay for a long pip haul
like dis...
[13:17:08] Stalion : so we wrap up our trade today
[13:18:01] Stalion : hope 182 pips is okay for everyone?
[13:21:23] caprica1 : i'm happy with today Stal
[13:21:39] masif1 : well done guys
Hello Mystikal,
Thanks alot. you answered my first question but you didnt answer the second. the question is :
How do you exactly know which part of the chart or graph that you have to choose as a 1-2-3 top or bottom before
applying your analysis and calculations. i have noticed that you select some parts and leave the others where i also think
that a 1-2-3 formation forms. If there are any conditions or factors you have to put into consideration before choosing for
a 1-2-3 top or bottom,please let me know.
Expecting a replyHi Onwuka,
We give glory to God for He is Great. To know which part of the chart or graph that you choose as a 1-2-3 bottom or
top requires practice and patience. We could say it hides from most traders that are not aware of its pattern on the
graphs and on the other hand, reveals itself regularly to some that are familiar with its occurence on the charts.
If you observe the Eurodollar(EURUSD) chart on the 15th of September, we could see the 1-2-3 top being numbered.
The 1 is always the swing high at the peak or apex...2 is an intermediate low and 3 is a lower high that failed to retest the
1 level(swing high).
At the break of the 2 level, it confirms the downward/ bearish movement of price and also validates the concept of the
1-2-3 top.
A 1-2-3 top is usually seen at the end of an uptrend, while a 1-2-3 bottom is usually seen at the end of a downtrend.
Hope you now understand...
Please feel free to ask questions or make comments...
Originally posted by zero:
[QB] IS FOREXGREENLAND POSTING THOSE TRADE CALLS
BEFORE OR AS HE MAKES THE TRADES OR IS HE
POSTING TRADES THAT HAVE ALREADY MYSTERIOUSLY
RUN THEIR COURSE?
CUZ POSTING TRADE CALLS AFTER THE FACT ISNT
VERY IMPRESSIVE AT ALL. I HOPE THAT IS NOT
WHAT YOU ARE DOING. CUZ I'LL BE ALL OVER YOU
LIKE STINK ON A TURD. MAY GOD HAVE MERCY ON
YOUR SOUL IF THATS YOUR GAME.
''Mysteriously run their course? What do you think this is, zero? A mystery moovie? Wake up and smell the roses without
stinking, mon ami...
Those participants you read on the chats are real live traders from different parts of the world who are serious about
making money in forex trading. They earn and learn while those trade calls are made,real time, online and the only game
they are interested in playing is forex.
Need I say more???
MAY THE GOOD LORD HAVE MERCY ON US ALL..
[QB] The world financial system is in a mess with prospects of the global credit bubble bursting according to many
credible pundits. We will explore why bubbles form and why they burst from an Austrian Economics perspective. We
will also explore why cash and cash equivalent in times of deflation - yes, I said deflation - is your best asset hedge
against the bubble bursting. We will also cover specific trading ideas to win in this globalization 3.0 era, and how to
preserve capital and profit.Why will be the role of gold and silver ? T.Bonds? Dollar index, etc. Will the major and
regional banks in US lose $2 trillion in capital as forecast by a famous NYU Economist?
_____________
rodney
Foreclosed Homes [/QB]Hi Rodney, we'd be glad to have your constructive theories on the global economic dynamics that is happening right
now...
But dont you think holding cash or its equivalent might not really be an hedge coz of its declining
value(depreciation)against market forces?
And how does the Austrian Economic perspective on cyclical trends(bubbles and bursts) fit in with the much larger EU
perspective of the same phenoma?
[09:06:15 19/09/08] Stalion : hi everyone
[09:12:05 19/09/08] Stalion : we saw what happened yesterday, guys...price eventually got to our targets but with some
nasty retracements in the way...
[09:15:55 19/09/08] caprica1 : its been a rough few weeks though on the markets
[09:17:17 19/09/08] klho83 : Hi Stal Gu coming to 61.8% ret.level
[09:22:34 19/09/08] Stalion : lol....the market knows it going to drop some serious pips..thats why the awkward
retracements to shake off stops and limits..
[09:25:10 19/09/08] masif1 : i think the usd is weakening
[09:28:55 19/09/08] Stalion : any upcoming news on GBP?
[09:29:16 19/09/08] caprica1 : not sure
[09:34:21 19/09/08] eugen3000 : Stal, the trend line from 1.7446 is not yet broken to the downside right?
[09:34:24 19/09/08] Stalion : the currency markets is still digesting all the bad news coming out from the US financial
markets..bailouts today, bankruptcy 2morow...any wonder d charts are reflecting these signs of the times..
[09:44:25 19/09/08] Stalion : 1.7446, eugen?i think dats like 500 pips below market price?
[09:48:23 19/09/08] eugen3000 : i mean the trendline this was the lowest price and i see a trendline going up and hold for few times
[09:53:30 19/09/08] eugen3000 : i am the only one seeing this? lol
[09:58:11 19/09/08] Stalion : lol....what chart are u looking at,eugen?
[10:01:33 19/09/08] eugen3000 : im at work im just using the one from mb trading
[10:01:49 19/09/08] eugen3000 : i saw that price bounced of this trendline a few times
[10:02:53 19/09/08] Stalion : looks like the news didnt make much impact..
[10:19:04 19/09/08] Stalion : at what timeframe, eugen?
[10:24:30 19/09/08] eugen3000 : 1hr
[10:26:20 19/09/08] Stalion : ohh, av seen it...dat was the low on sept 11,right?
[10:27:13 19/09/08] Stalion : did anyone reenter the gu short again?.
[10:46:48 19/09/08] eugen3000 : stal do you have some key levels for gu? up and down levels? thnx
[10:58:59 19/09/08] Stalion : we also put a buy stop on gu at 1.7997, 1st target on the upside is 1.8055..dat would act
as an hedge
[12:00:16 19/09/08] Stalion : looks like the turnaround is right round the corner,guys...
[12:01:47 19/09/08] Stalion : buy stop trigger hit...
[12:02:56 19/09/08] Stalion : remember 1st target to the upside is 1.8055..
[12:05:53 19/09/08] Stalion : 33 pips profits right now...lock in ur profits right now, guys, and shift sl to entry level..
[12:09:53 19/09/08] eugen3000 : 40 pips im happy, thnx Stal
[12:10:16 19/09/08] Stalion : 20 pips to go in hitting 1st target of 1.8055...2nd target for our long gu trade is 1.8073...
[12:12:05 19/09/08] Stalion : dat was jus the practical application of the 60% buy window..
[12:13:33 19/09/08] Stalion : price is now retracing back to the 50% level...
[12:14:38 19/09/08] takbal : looks like a DeMark breakout...
[12:15:12 19/09/08] takbal : at least the upward move stopped exactly at the predicted target
[12:17:53 19/09/08] Stalion : what TIMEFRAME are u looking at,takbal?
[12:18:15 19/09/08] takbal : 5 mins
[12:18:28 19/09/08] takbal : well, the upper trendline is a more plausible explanation...
[12:19:57 19/09/08] Stalion : i could see a mini 123 bottom in the 5 min chart before price broke out..
[12:21:04 19/09/08] Stalion : it paused at 1.8040, which was a round number and a pyschological one too,before going
back south to the 50th percent level..
[12:25:41 19/09/08] takbal : I see the 123 but not sure about it will pass that trendline around 18030-40... it looks quite
strong
[12:29:22 19/09/08] Stalion : depends on the bullish momentum, takbal...if you open ur MACD indicator on the 5 min
chart, you can see MACD making higher highs and price on top making lower lows based on the resistance
trendline..thats shows divergence..we are seeing MACD positive divergence to price which foretells a bullish
move,technical analysiswise..
[12:30:37 19/09/08] Stalion : resistance trendline about to be broken..
[12:40:05 19/09/08] masif1 : hi stal locked in 30 pips at half lot
[12:41:51 19/09/08] takbal : but MACD already did its higher high... ho do you know that it wont retrace now, and
cross the trendline?
[12:43:26 19/09/08] takbal : if price falls now, we are still in divergence, but the trendline is unbroken... it may be broken
at the next test
[12:56:35 19/09/08] klho83 : hi
[12:58:25 19/09/08] caprica1 : hi guys just got in front of the PC and seen the trade. mine is
[12:59:05 19/09/08] caprica1 : at +26 pips as of now. I must have missed the earlier high.
[12:59:34 19/09/08] Stalion : lol....welcome to the show,cap
[13:01:15 19/09/08] caprica1 : thank you. It's at +39 now. I'm only trading witha lot size of 0.1 though.
[13:01:52 19/09/08] klho83 : Wat is the next target stal?
[13:02:16 19/09/08] caprica1 : correction make that+58. What should I do based on my lot size STal?
[13:02:34 19/09/08] klho83 : Ist target hit
[13:03:34 19/09/08] caprica1 : hit 2nd target and closed out at +73
[13:03:52 19/09/08] takbal : 8072 is daily support
[13:04:49 19/09/08] Stalion : 2nd target coming up
[13:05:31 19/09/08] eugen3000 : 3rd target Stal??? ;-)
[13:05:54 19/09/08] Stalion : 2nd target is at 1.8130...3rd target @ 1.8198
[13:07:39 19/09/08] Stalion : if ur not in from our first entry, pls consider ur risk to reward ratios before jumping for 2nd
and 3rd targets...
[13:08:28 19/09/08] Stalion : dose dat were in right from the start would be using up their remaing half lots now, while
adjusting stop loss to entry
[13:09:08 19/09/08] caprica1 : thought the 2nd target was 1.8055 and 3rd was 1.8073?
[13:09:15 19/09/08] Stalion : hold on to ur seatbelts, fellas...we might be in for a lil ride..
[13:09:41 19/09/08] caprica1 : a lil ride in what sense Stal?
[13:10:15 19/09/08] Stalion : sorry..typo....2nd target 18073...3rd target 18130...4th target 18198
[13:11:20 19/09/08] Stalion : jus put in a 15 to 25 pip trailing stop wen we get to 2nd target...
[13:12:12 19/09/08] caprica1 : I got back in at the second target of 1.8073.
[13:13:13 19/09/08] Stalion : or adjust sl 20 pips above original entry...which ever feels best for you..
[13:19:09 19/09/08] caprica1 : Like I said though I made the 73 pips on the first 2 targets. Didn't get the 3rd or 4th ones
in time. I re-entered at the 2nd target price of 1.8073.
[13:19:22 19/09/08] caprica1 : What should I place my stop as?
[13:23:36 19/09/08] caprica1 : 1've put the stop @ the original entry point of 1.7997
[13:28:15 19/09/08] klho83 : I'm out at 1.8070. Thanks stal.n have a nice weekend all.
[13:28:54 19/09/08] caprica1 : you too klho
[13:28:57 19/09/08] eugen3000 : lock in lock in lock in ;-)
[13:34:08 19/09/08] caprica1 : you still in the trade eugen?
[13:37:21 19/09/08] caprica1 : it's flying again
[13:37:29 19/09/08] eugen3000 : no i closed half at +20, the rest by 8073, im flat
[13:37:43 19/09/08] eugen3000 : good luck cap
[13:40:11 19/09/08] takbal : are we some kind of fighter pilots?
[13:40:31 19/09/08] takbal : Fox 3
[13:41:16 19/09/08] caprica1 : locked on! lol
[13:54:53 19/09/08] caprica1 : looking like another nice end to the week
[13:57:57 19/09/08] Stalion : 3rd target hit!!
[13:59:05 19/09/08] Stalion : 4th target @ 18198....
[14:01:48 19/09/08] caprica1 : I've moved my stop to entry and closed out 50% of my lot size now on the re-entry that I
had.
[14:02:01 19/09/08] Stalion : 5th target @ 1.8230
[14:02:56 19/09/08] caprica1 : 5th target! Oh man, I'm loving this Friday lol
[14:08:52 19/09/08] caprica1 : I'm well happy at that. I dont't expect that every time, but it's a nice start, and shows me
I'm on the right track.
[14:12:10 19/09/08] Stalion : more than 137 pips made up from our 2nd target of 1.8130...and still counting..
[14:14:35 19/09/08] caprica1 : I would agree. Over 400 pips from a very choppy week.
[14:25:42 19/09/08] Stalion : 4th target hit!
[14:25:51 19/09/08] caprica1 : just hit 4th target
[14:25:56 19/09/08] Stalion : [14:02:01] Stalion : 5th target @ 1.8230
[14:26:24 19/09/08] Stalion : 5th target hit!!
[14:26:42 19/09/08] caprica1 : where should I move my stop to now Stal? It's currently at b/e, and I have closed out half
my lot
[14:26:47 19/09/08] Stalion : 1.8271 as our 6th target
[14:27:05 19/09/08] caprica1 : never mind5 targets hit. Man oh man!!!!!
[14:27:22 19/09/08] Stalion : jus put a 25 pip trailing stop loss and you'll be fine like dandy
[14:27:30 19/09/08] caprica1 : I'm out now. Not gonna chance getting back in a 2nd time
[14:28:10 19/09/08] Stalion : dats what am doing...jus watching price move and locking my profits..
[14:28:55 19/09/08] caprica1 : I'd hit 5th target before the 6th was posted.
[14:29:06 19/09/08] caprica1 : Am still a happy little bunny though.
[14:29:37 19/09/08] caprica1 : I've almost hit my target of 155.00 for EJ. That would be 300 pips for that trade alone.
[14:30:19 19/09/08] caprica1 : woohoo, just hit it.
[14:32:12 19/09/08] Stalion : lol
[14:33:07 19/09/08] caprica1 : if only you could see me now! Feel like walking out of work, and going home a happy man.
Sell stop on GBPUSD @ 1.8321...1st target @ 1.8275,2nd target @ 1.8245, 3rd target @ 1.8207