kwanann wrote:

Angat wrote:

mjws00 wrote:

mjws00 wrote: They might even be real pricks and take a stop run below 0.9400. Some room to apply serious pain to longs down there. And do some nice 'onboarding' of weak shorts.

Even uglier than I thought.

So do you hold? Did you punch out at the pins? 0.9300, Then 0.9218 in range. Blech.

I added at top of GBPAUD. They drive it hard, I'll be in the same spot .

Mike

I missed GBPAUD, I was actually going to take this one live, I hope they retouch the high later.

GBPAUD just touched the downtrend trendline on the M15 and it continued it way down. entered a position there, i'm expecting possible DD, but since this is a H4 trade, anything goes..

as for AUDCHF, i'm still in, since this is taken as a daily trade, i was prepared for it to go down, though not by so much. unfortunately was picking up the kids when it went down. took a hedge in between so wasnt affected so much by it. just released the hedge and now letting it slowly simmer

kwanann wrote:

Angat wrote:

mjws00 wrote:

mjws00 wrote: They might even be real pricks and take a stop run below 0.9400. Some room to apply serious pain to longs down there. And do some nice 'onboarding' of weak shorts.

Even uglier than I thought.

So do you hold? Did you punch out at the pins? 0.9300, Then 0.9218 in range. Blech.

I added at top of GBPAUD. They drive it hard, I'll be in the same spot .

Mike

I missed GBPAUD, I was actually going to take this one live, I hope they retouch the high later.

As for AUDCHF, i'm still in, since this is taken as a daily trade, i was prepared for it to go down, though not by so much. unfortunately was picking up the kids when it went down. took a hedge in between so wasnt affected so much by it. just released the hedge and now letting it slowly simmer

seanyd wrote:

kwanann wrote:

Angat wrote:

mjws00 wrote:

mjws00 wrote: They might even be real pricks and take a stop run below 0.9400. Some room to apply serious pain to longs down there. And do some nice 'onboarding' of weak shorts.

Even uglier than I thought.

So do you hold? Did you punch out at the pins? 0.9300, Then 0.9218 in range. Blech.

I added at top of GBPAUD. They drive it hard, I'll be in the same spot .

Mike

I missed GBPAUD, I was actually going to take this one live, I hope they retouch the high later.

As for AUDCHF, i'm still in, since this is taken as a daily trade, i was prepared for it to go down, though not by so much. unfortunately was picking up the kids when it went down. took a hedge in between so wasnt affected so much by it. just released the hedge and now letting it slowly simmer

I did the same had 3 positions at the bottom took 2 off now in profit
was worried about your position , good job you had enough margin to cover it.
I think this is were money management comes into play to get yourself out of a tricky stop hunt,
this is why I mostly trade the 15 min , a stop hunt on the daily , some difference than a stop hunt on the 15min
Here are my mistakes

audchf_ukm15recovery.png

singk wrote:Level 3 in the works here in USD/CHF H4? RRT formed in Daily today.

Regards,
Raj