Comments on: Succesful 155.90 break http://www.forex4noobs.com/forex-blog/forex-signals/succesful-15590-break/ Nick's Forex Blog Sat, 11 Feb 2012 18:24:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Monster http://www.forex4noobs.com/forex-blog/forex-signals/succesful-15590-break/#comment-1924 Monster Thu, 09 Jul 2009 02:00:51 +0000 http://www.forex4noobs.com/blog/?p=876#comment-1924 Got the reversal off of yesterdays big moves, placed my entry above the doji right after the long wicked candle, bc that line held back the large move for a while before continuing down, and thats how the ebook and the 'trade for noobs' 2 weeks ago pointed out, got 60 pips :) Got the reversal off of yesterdays big moves, placed my entry above the doji right after the long wicked candle, bc that line held back the large move for a while before continuing down, and thats how the ebook and the ‘trade for noobs’ 2 weeks ago pointed out, got 60 pips :)

]]> By: Monster http://www.forex4noobs.com/forex-blog/forex-signals/succesful-15590-break/#comment-1923 Monster Tue, 07 Jul 2009 18:51:45 +0000 http://www.forex4noobs.com/blog/?p=876#comment-1923 Question to more experienced Nick B users: 152.96 was the turn around point for the last swing down, so would that line act as a scalp line? and if so, would the break of that line have been a failure? Thanks in advance Question to more experienced Nick B users:

152.96 was the turn around point for the last swing down, so would that line act as a scalp line? and if so, would the break of that line have been a failure?

Thanks in advance

]]> By: futureBLESS http://www.forex4noobs.com/forex-blog/forex-signals/succesful-15590-break/#comment-1922 futureBLESS Tue, 07 Jul 2009 03:11:14 +0000 http://www.forex4noobs.com/blog/?p=876#comment-1922 I put a line at 155.90 while price was 20-30 pips away, i look away for a few a minutes and BAM, totally missed it. I want to thank you though. I will definently pay more attention next time. I put a line at 155.90 while price was 20-30 pips away, i look away for a few a minutes and BAM, totally missed it. I want to thank you though. I will definently pay more attention next time.

]]> By: Shawnna http://www.forex4noobs.com/forex-blog/forex-signals/succesful-15590-break/#comment-1921 Shawnna Tue, 07 Jul 2009 00:58:30 +0000 http://www.forex4noobs.com/blog/?p=876#comment-1921 I got 40p. I exited early because it triggered during the Asian Session on a Sunday. I didn't know if it would cont. down. I got 40p. I exited early because it triggered during the Asian Session on a Sunday. I didn’t know if it would cont. down.

]]> By: Monster http://www.forex4noobs.com/forex-blog/forex-signals/succesful-15590-break/#comment-1920 Monster Tue, 07 Jul 2009 00:46:07 +0000 http://www.forex4noobs.com/blog/?p=876#comment-1920 found a cool article thought I'd share re: lack of trending markets http://www.bloomberg.com/apps/news?pid=20601213&sid=a4znXuJFbQz0 found a cool article thought I’d share re: lack of trending markets

http://www.bloomberg.com/apps/news?pid=20601213&sid=a4znXuJFbQz0

]]> By: Monster http://www.forex4noobs.com/forex-blog/forex-signals/succesful-15590-break/#comment-1919 Monster Tue, 07 Jul 2009 00:06:46 +0000 http://www.forex4noobs.com/blog/?p=876#comment-1919 Hmmm weird...I snagged 47 pips off the reversal Got in @ 153.93 and out at 154.40 Hmmm weird…I snagged 47 pips off the reversal

Got in @ 153.93 and out at 154.40

]]> By: NickB http://www.forex4noobs.com/forex-blog/forex-signals/succesful-15590-break/#comment-1918 NickB Mon, 06 Jul 2009 22:34:58 +0000 http://www.forex4noobs.com/blog/?p=876#comment-1918 I tried the reversal and got -50 pips. It was failed trade. I tried the reversal and got -50 pips. It was failed trade.

]]> By: NickB http://www.forex4noobs.com/forex-blog/forex-signals/succesful-15590-break/#comment-1917 NickB Mon, 06 Jul 2009 22:33:41 +0000 http://www.forex4noobs.com/blog/?p=876#comment-1917 @ekowi: Since travelling I have not been trading full time. Now that I am settled down here in the UK I have resumed full time trading. I have been trading full time again for two weeks. @ekowi:

Since travelling I have not been trading full time. Now that I am settled down here in the UK I have resumed full time trading. I have been trading full time again for two weeks.

]]> By: ekowi http://www.forex4noobs.com/forex-blog/forex-signals/succesful-15590-break/#comment-1916 ekowi Mon, 06 Jul 2009 16:27:42 +0000 http://www.forex4noobs.com/blog/?p=876#comment-1916 "I explained that I look for PERFECT trades because I only take 1 trade every 2-3 weeks." Hi Nick. Thanks for all your excellent advice and insight. Regarding your above statement, does this mean: (a) You no longer trade full-time for a living?, or (b) You can live off one trade every 2-3 weeks?, or (c) You trade a number of different methods? I'm trying to understand if those of us who trade most of the good-looking breaks that occur are guilty of overtrading. Thanks. “I explained that I look for PERFECT trades because I only take 1 trade every 2-3 weeks.”

Hi Nick. Thanks for all your excellent advice and insight.
Regarding your above statement, does this mean:
(a) You no longer trade full-time for a living?, or
(b) You can live off one trade every 2-3 weeks?, or
(c) You trade a number of different methods?

I’m trying to understand if those of us who trade most of the good-looking breaks that occur are guilty of overtrading.

Thanks.

]]> By: Monster http://www.forex4noobs.com/forex-blog/forex-signals/succesful-15590-break/#comment-1915 Monster Mon, 06 Jul 2009 15:22:43 +0000 http://www.forex4noobs.com/blog/?p=876#comment-1915 also if anyone is going to try to trade this potential reversal set-up what would be a good entry? 153.91? Bc its the high of the prev. doji candle? also if anyone is going to try to trade this potential reversal set-up what would be a good entry? 153.91? Bc its the high of the prev. doji candle?

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