Note how I bought too soon and that there was the opportunity , albeit momentary,to buy at the D point
Just a small possibly quick trade to add to the existing hedge that I have now replaced (at the same level I'd earlier unintentionally taken profit)
Dollar postive sentiment isnt helping the kiwi but its struggling valiantly imo and IF there was to be a dollar negative event could well surprise - lets see what the night brings.
I would love to see the Kiwi Sterling graph at the moment.
a better trader than I would have executed the trade at precisely D point and potentially bagged 20 pips already as the bounce did reach the Initial Profit Objective.
now its back testing D ...
the price was supported again at D and has now pierced the A-C trendline
a great trader could have made 20 pips twice.
me, hangin in for 30 or more (twice my risk).
has moved generally in the right direction - but A point showing some resistance
a max of 20 so far has been possible , moving stop to D point now (-9 for me) and limit target set 7749
time to zzzz
apologies for the diary of a trade. but hey thats what forex forums are for isnt it?
but I forgot about teh 1 oclock event which nearly pulled this out - so temporarily widened stop to below X
I checked out the demo for that ABN Amro platform running Oanda as its interface. Its great to see other markets through that familiar Oanda look and feel.
They gave me another hundred thou (I still got the one that Oanda gave me!)
And its lookin like I'm gonna sell me some corn sometime soon oh yeh diggity.
note that line 8 is a duplicate of line 6 making this an AB=CD
the previous gartley had a pretty massive payoff in quicksmart time!
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