EURGBP: (1H) Present for Mick and SoulTrader2004

[Trader02]

Originally Posted by MickMason

So that's 2 breakfasts and 2 plane tickets.....I'm keeping a tab you know



....geez, what am I doing up at 1am!

You're lucky, Mick. I wish I had the London session during my morning hours and the overlap in the afternoon (?) -- for me here the overlap is during prime TV movie/dinner time and is not the best part of the day for me for creative mental activity. I'm a morning guy.

[Trader02]

Originally Posted by Trader02

Stop moved to 6672 -- breakfast guaranteed. I think she might give us one more top, so better be insured.

Now at 6667


Now dinner and an oil massage with an exclusive bottle of fine wine are also guaranteed. There is enough for any extras that may ensue during the oil massage too.

[Trader02]

Originally Posted by Trader02

Now at 6667


Now dinner and an oil massage with an exclusive bottle of fine wine are also guaranteed. There is enough for any extras that may ensue during the oil massage too.

Stopped out! Position closed. Profitable!

Sh*t happens when you leave, even if its for just simple thing like getting a haircut.

[Trader02]

See how nicely it is moving now, Mick?

That's what I don't like about stops. I was taken out of a move that, although profitable would have given me the real dough had I still been in.

But I'm not in and not going to bother just now as she should go up to retest the top. I'll try then, if right.

[Soul-Trader2004]

Newbie traders common mistakes number #472

Moving stops too quickly

Newbie traders common mistakes number #37

Moving stops too close

[Trader02]

Originally Posted by Soul-Trader2004

Newbie traders common mistakes number #472

Moving stops too quickly

Newbie traders common mistakes number #37

Moving stops too close

Thanks. Agreed.

Pour on the coal, maestro.

Let's start with this, then:

Was the original stop I placed right above the 1H top correctly placed and should it have remained there and therefore NOT been moved?

If yes, then when should it be moved?

Thanks

[MickMason]

Originally Posted by Trader02

See how nicely it is moving now, Mick?

That's what I don't like about stops. I was taken out of a move that, although profitable would have given me the real dough had I still been in.

But I'm not in and not going to bother just now as she should go up to retest the top. I'll try then, if right.

Yup, it was a nice prediction

However I missed entry by 5 pips, too much patience I guess.....

[Soul-Trader2004]

sorry mate - wasnt watching, i just assumed - can you post a chart of the trade and when exactly you moved the stop and where to and i'll be happy to contribute