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Thread: hart's journal

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    Default hart's journal



    Looking at GU, I think it will drop to 38.2% level.

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    Good eyes there!!!would surely like to know how you came to this conclusion
    Attached Thumbnails Attached Thumbnails 1.jpg  

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    Quote Originally Posted by ericoco View Post
    Good eyes there!!!would surely like to know how you came to this conclusion
    Hi eric

    So much has happened since then, lets move on .
    Now I just got an account with 100$ bonus inside it. My first trade on this account was a loser. It was buy EU at 1.3105 and i decided to take loss at 1.3085. Then EU decided to shoot up...hiks hiks.

    As at now , I have a buy on EU and currently 15 pips up
    Hope to recover my loss and hmmm.....make some pips too?

    Here's the chart

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    Default

    Put take profit at 1.3326

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    I decided to close at 1.3314 for 38 pips gain.
    My account now stands at $101.80 .

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    Another 10 pips. Balance: $102.80




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    This trade gave me hell. I was scalping for 10 pips but it went against me for 51pips before turning my way. In the end , I took loss for 6 pips and immediately it went further down to hit my target if i were stll in the trade.

    I like to hope that i have learned my lesson but of course I am not, because I know this kind of situation will happen again which hopefully will not blow this bonus account.

    For now the balance is $102.20, and I am done trading for this week

    Phewwwwww..................................

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    I LIED!!!

    I buy EJ and profited 11 pips. Balance: $103.42

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    The 5 minutes are messing up the process thought.

    I will stick to one hour time frame next week, hopefully

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    Analysing EU, I will be looking to buy it next week

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    Analysing the rest of the pairs that I am watching, I concluded as follows:

    UJ>>potential buy
    Uchf>>ranging
    Ucad>>no trade
    GU>>no trade
    Eaud>>no trade
    EJ>>>potential buy
    GJ>>no trade

    These are based on 'as it is' chart when trading closed on Friday


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