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Haha if it gives you any comfort you are not alone. I got my ass handed to me too. Lucky I had my stops already set.
I personally think some big player is unloading Euro because they know that at this time there are a lot of buyers. The Swiss CB had about 330+ billion Euro on their balance sheet and they have been sellers on many rallies recently. They are my prime suspect.
Either way I am getting out of the way for now. Gonna have a glass of wino and wait & watch for now.
Order placed to sell 12796 Target 12708 Stop 12896 (for now) ...it will be reduced.
Basis of trade ...drawn line in the sand price over extended 200 pips above 50 ema.Not many opportunites for this to happen, but when it does,it goes well.
Sorry no chart, as I have desk top dedicated for trading and to provide chart would have to set up a demo account on this computer. I am not confident enough to 'transfer' files and send....not my"forte".
No need to setup anything. Just hit Function Print Screen & take a screenshot of your monitor. Then open the Paint program & "paste" (from the clipboard). Crop the picture, so that it only shows the price panel & any sub-panel indicators. Easy Peasy.
After all, it's what you learn AFTER you know it all, that counts!
A little trick to get only the window you are focused on is to use "ALT + Print screen". This saves from having to cut out the start bar and any other windows you dont want to show. This is especially useful if you are using multiple monitors.
I was jinxed by nexusfi.com (formerly BMT) yesterday, every trade I posted failed, I had two real good winners. A short from the VWAP to the pivot at 1.2577 where half the position (77) filled on the first touch of '77 but the second half (73) wouldn't fill I dumped it at '87. I went long again after I was stopped out on the trade I posted and that one worked, a long from the pivot at 1.2577 up to the VWAP, I did not expect price to slice through the VWAP and 1.2600 so quickly. I let it run and called it a day. No Ninja chart, but I do have this.
I also have a dedicated "Box," I use the snipping tool in windows 7 to grab my charts, which are saved in "My Pictures" Then I drag them to a thumb drive, so I can post them using my "web surfing machine."
Believe me, if I can do it (after my son showed me how ) you can do it. I hope you find a method that works for you.
BTW, your trade. You have a +/-100 tick stop and +/-100 tick target, I'm assuming this is a longer term trade. Are you trading futures, if so you may want to start viewing the December contract data. I have no opinion on your trade because I don't think that far ahead, I'm a short term (intra-day) guy. I understand your reasoning and I'm not here to change your mind, but I believe this market is at a very precarious level, and this is a very precarious time. I'll close by saying, we ought to have a pretty good feeling of which way this market is heading about 10 pm est Sunday night.
Thanks for the head up on the computer...will have to wait for one of my kids to set me up properly. I really don't like the idea of messing around with the PC, but will give it a go if they can show me it is 'painless'.
The trade is a 'long term' trade..carried through more than a day (s) if necessary. The stop will be adjusted as we move along. I close the position ,regardless, on Friday s...no way of controlling weekend euro follies.
Reopen ,Sunday night, sometimes advantageous;sometimes not.
This Sunday may be later than normal as going to west cost to set up some clam lease parameters. Bad weather and I might get stuck on Gilligans Isalnd.
Breakout above the channel, I'm looking for either a return to the channel then will look to sell back into middle of channel as target, or to buy the channel upper TL. Will depend on context at the time.