Communauté
Blog
WrecklessTrader's Blog

WrecklessTrader's Blog

Avatar

EUR/USD short trade 27Dec2017

WrecklessTrader Publier 27 déc  dans #Eurusd #Trader Contest #Trader'sblog #Traders Rules #Eurusd Short
I don't know ever since I entered the contest, I am not able to make any kind of impact with my trades. Here I have to follow so many rules, that is hindering my normal trading behavior. But this is a contest, where rules are to be respected.
I am a trader who trades freely. Whenever I do that I make good profit margins. I love fast scalping and play both short and long. Since i have to stick to the trading contest rules, I am trying to learn to trade in a different way. This month will be learn…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original

Du fait que vous ne soyez pas identifié, nous ne connaissons pas votre langue mais nous supposons que c'est le Anglais
Veuillez vous identifier ou choisir une autre langue à traduire de la liste.

– ou –

Laissez un commentaire
oupour laisser des commentaires
Avatar

EUR/USD Short Trade 21Dec2017

WrecklessTrader Publier 21 déc  dans #Trader's blog #Eurusd #Trader Contest #Short Trade
I took a short trade on EURUSD at 1.1868 levels with a SL at 1.1895 and TP at 1.1820. After going above 1.1900 for a brief period, the prices were in a range for a long time and then fell down closer to 1.1850 today and a subsequent rise back towards 1.1880. I feel it will not break this resistance and the only way is down. If the down trend breaches 1.1848, it could travel a lot down wards. I feel it is better to take profit at 1.1820 and initiate a new trade if trends confirm to take another t…
Lisez l'histoire complète
Traduire en Anglais Montrez l'original

Du fait que vous ne soyez pas identifié, nous ne connaissons pas votre langue mais nous supposons que c'est le Anglais
Veuillez vous identifier ou choisir une autre langue à traduire de la liste.

– ou –

1 Commentaires
WrecklessTrader avatar
WrecklessTrader 22 déc

My assessment about the market directions were right. It broke 1.1848 with a sudden move and went all the way to 1.1816. This trade happened today (22 Dec 2017) morning. It was too early for me to wake up. When I opened the terminal, to my surprise the target price has been hit. And the price returned to 1.1848 and has been around that level for quite sometime. Once a clear trend emerges, I will take another trade in the direction of the trade.

oupour laisser des commentaires
Avatar

GBP/USD

WrecklessTrader Publier 12 déc  dans #Trader Contest
I took this trade around 1.3344 levels when I felt that the market has come to a level from which it wont go down any further. It moved pretty fast towards my take profit area. so I felt its time to move the stop loss above the buy price and into a profit area. i deided that if price moves another 10 pips higher, i will move the stop loss by 5 pips.
Lisez l'histoire complète
Traduire en Anglais Montrez l'original

Du fait que vous ne soyez pas identifié, nous ne connaissons pas votre langue mais nous supposons que c'est le Anglais
Veuillez vous identifier ou choisir une autre langue à traduire de la liste.

– ou –

Laissez un commentaire
oupour laisser des commentaires
Avatar

EUR/USD

WrecklessTrader Publier 12 déc  dans #Trader Contest
I took this trade around 1.1782 as I felt it is a sort of support area. But it broke that level and went as far as 1.1764, very close to my stop loss level of 1.1760. It did not go down any further and crept up toward 1.1790 zone. I trailed the stop loss to 1.1787 as I felt market may move higher from here. It tested the new stop loss a couple of times and then triggered it and then went down. I always prefer to trail my stop loss when the market gives me a 10 pips or more profit. My idea is to …
Lisez l'histoire complète
Traduire en Anglais Montrez l'original

Du fait que vous ne soyez pas identifié, nous ne connaissons pas votre langue mais nous supposons que c'est le Anglais
Veuillez vous identifier ou choisir une autre langue à traduire de la liste.

– ou –

Laissez un commentaire
oupour laisser des commentaires
Avatar

EUR/USD 08Dec2017

WrecklessTrader Publier 8 déc  dans #Trader Contest
Stochastics, MACD and CCI indicated a buy and it is close to Support 1 which is at 1.1758 levels. Initiating a trade at support area is safe. Take profit is kept a shade below the pivot point. Momentum should carry it to those levels.
Lisez l'histoire complète
Traduire en Anglais Montrez l'original

Du fait que vous ne soyez pas identifié, nous ne connaissons pas votre langue mais nous supposons que c'est le Anglais
Veuillez vous identifier ou choisir une autre langue à traduire de la liste.

– ou –

Laissez un commentaire
oupour laisser des commentaires
Avatar

USD/JPY

WrecklessTrader Publier 8 déc  dans #Trader Contest
The price was moving toward the Resistance 113.38 and felt it will react from there back to pivot point. Hence placed an order near to Resistance and take profit near to 113.00
As the market moves JPY will be bit volatile and will head down as I have that has been the behaviour of this pair. Stochastics, CCI moved into overbought zones and MACD will in the same zone soon. 1 Hour and 4 Hour charts confirm the same. A price reaction will happen downwards, a clear 30-50 pips movement.
Lisez l'histoire complète
Traduire en Anglais Montrez l'original

Du fait que vous ne soyez pas identifié, nous ne connaissons pas votre langue mais nous supposons que c'est le Anglais
Veuillez vous identifier ou choisir une autre langue à traduire de la liste.

– ou –

1 Commentaires
WrecklessTrader avatar
WrecklessTrader 8 déc

When the trade moved into profit area, I moved the stop loss also into a profit zone. Market again moved in the opposite direction and triggered the stop loss.

oupour laisser des commentaires