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thalestrader

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NQ closed out at +36 ticks Obviously I left a lot on the table max profit about +72 ... I hope someone else caught the move.

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A nice trade nonetheless - we typically have seen very few day traders land more than a handful of ticks here, and it is nice to see your success. 36 ticks on the ES would be 9 points - how many day traders have never once had such a profit on a trade. I'd bet many more have taken 36 tick losses than have ever taken a 36 tick profit.

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Best Wishes,

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Thales

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OK I'll bite Long 6E 1.3125

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SL 20 ticks

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Not sure about PT

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Filled at 1.3124

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Update: New high on bar moving stop to BE -5

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SL moved to -3

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No new high SL moved to -1

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I guess the good news is that I saved 19 ticks by aggressively managing my SL :)

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Update Stopped out -1

Edited by lblanks

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6E "3 pushes to a bottom?!" Opinions?...

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Not much loss of momentum on each successive new low, so I myself wouldn't view this as a "three push" pattern. That doesn't mean that a bounce is not immanent. But you asked for opinions, and my opinion is that 6E is perhaps mopping up the first of two or three lows before a significant bounce materializes. Of course, that is my opinion, and you know what they say about opinions.

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In the end, the highs and lows will lead the way ...

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Best Wishes,

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Thales

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Hi folks,

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First trades of the New Year for my daughter and I have us short EURUSD at 1.3358 and added short EURUSD at 1.3347 ...

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attachment.php?attachmentid=23467&stc=1&d=1294011080

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Happy New Year to All!

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Best Wishes,

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Thales

5aa71054c4425_FirstTradeof2011.thumb.JPG.53698d86973eb60355f09b269c245021.JPG

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added at 1.3322 and 1.3202 ...

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That rally reduced an otherwise nice run to a small profit - +22, +12, +0, -10 respectively ...

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We'll see what happens as EURUSD aproaches the HOD near the open ...

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attachment.php?attachmentid=23471&stc=1&d=1294058407

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Best Wishes,

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Thales

5aa71054f2e08_FirstTradeof2011fourscale1.thumb.jpg.b67a67f88b4bc1b688cecb8ce79b3671.jpg

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Stalking a short on the EURUSD as per the attached chart.

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Cheers,

fxT

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Entry triggered:

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Have an initial stop at 1.3366 and target set for 1.3252.

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Cheers,

fxT

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Edit: amending my target to 1.3260

Edited by fxThunder

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Entry triggered:

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Have an initial stop at 1.3366 and target set for 1.3252.

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Cheers,

fxT

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Edit: amending my target to 1.3260

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Got stopped at 1.3366 - r:r did make sense so will await next setup.

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cheers,

fxT

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This morning finds us still short and currently +40 ticks on the trade, with a stop loss at +20 ...

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Just checking in to see we are now +100 on the trade an our stop loss is now +65 ...

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attachment.php?attachmentid=23488&stc=1&d=1294329662

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Best Wishes,

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Thales

5aa71055670fc_2011-01-05EURJPY3.thumb.jpg.951b1691472feda4ef98bfc3ff6ada7f.jpg

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Hi Folks,

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Time is running out to get our guesses in for TL's "Guess the Close Contest." We need 50 people to make the contest a go - and here we have 376 visitors today alone, and I know that this thread has had several thousand page views in the last week without hardly any new activity, so TL has many eyeballs but too few willing to "pull the trigger."

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You know what happens to traders who are afraid to pull the trigger ...

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attachment.php?attachmentid=23497&stc=1&d=1294593958

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As they say, "you gotta be in it to win it ...," and in this case, we need 50 to be in it for anyone to win it.

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Go to the thread below and get you guesses posted soon!

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http://www.traderslaboratory.com/forums/attachment.php?attachmentid=23497&stc=1&d=1294593958

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Best Wishes,

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Thales

5aa71055bac72_AfraidtoPulltheTrigger.jpg.e7846002dea24582a50c4c5404cc88e7.jpg

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