Week 13

[torero]

This is almost the middle of the week and seems a bit quiet around here so I'll start. I plan to take 1-2 trades a week which is being optimistic as I'm trying to move to swing trading tactics.

I'm waiting for the top of the trendline to touch (near 78.6%). We'll how it goes from there.

[Don4]

torero, hows the swing trading working out so far?

[torero]

Just went short on this GBPUSD after this triangle breakdown, after the rally. We'll see how it pans out. Been waiting for it for a while.

[Don4]

Torero,looks good i shorted yesterday at 1.9632 with a stop at 1.9658 wouldnt ya know, it made a high of 1.9658

[torero]

Sorry to hear that, Don, was this a trade from the system? These things happen something. I got my case of the blues from these types of stops.

Looks like I got stopped out too. At least I know it's a bear flag forming, so I'll be aiming for another entry soon.

[Don4]

yea it was from my system,I noticed that flag forming to, i hope it works out for ya, if i do enter a trade today it will be long,so might be another boring day for me.

[torero]

Yeah, taking another short at same price again, thinking this time might be real. It's late Friday so I may just hold it over the weekend. Done it before. So we'll see.