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Thread: Trend of the Day

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#620 (permalink)

07-03-2009, 10:02 AM

Kimaki

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Join Date: Mar 2009

Posts: 306

Kimaki is an unknown quantity at this point

GBP/USD & AUD/CAD

Thanks much Greg, Somehow the way you said it makes a lot more sense . The GBP/USD has in fact given a small spike stopped me out and went back up, she still looks bullish and the SSD is showing a signal to buy as well as a reversal hammer. I am thinking stops can go at 1.62181 and should get 1:2 at 1.65880, but I got slapped around by her a couple of times this week so I question if I am reading her right. AUD/CAD however is still in there and is around my entry point about 107pips away from stop.

Quote:

Originally Posted by Gregory McLeod

From looking at your chart, you are not that far away from your stop loss. So the difference between waiting it out and cutting early is small considering that the indicators seem to be turning up mildly and support seems to be forming. Losing is not pleasant, however discipline to hold to your stop is needed.

__________________
Kimaki [Robert]

Last edited by Kimaki; 07-03-2009 at 10:24 AM..

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