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Old 04-02-2007, 09:28 PM   #11 (permalink)
Dan
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Default Re: Catch Trade In Progress.

The uptrend is still intact. Too bad your stop was hit, if it's staying above 233 it would have been a great trade
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Old 04-02-2007, 09:31 PM   #12 (permalink)
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Default Re: Catch Trade In Progress.

Thks Sharon,

It's going to be an insurance to insurance job. My insurance will claim of their insurance. I like my car and luckily for me it appears to be body work. Hard to tell at this stage since the internals need looking at. The engine is mounted on the rear center and the hit was on the rear drivers side.

Usually when a truck hits its pretty big damage and a driver is lucky to escape. This truck driver was able to see me just in time before he road over me.

A sports car generally is low to the ground. There's always a danger when you drive next to a truck that your in his blind spot. As was my case except in my case I couldn't avoid the hit due to the car in front. What you got to do is make sure you avoid that blind spot.

A truck driver has a mare every time he changes lane. lol So there you are happily cruising along and this truck driver decided to change lane now if your unlucky and in his blind spot Oops... rofl
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Old 04-02-2007, 10:46 PM   #13 (permalink)
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Default Re: Catch Trade In Progress.

Quote:
Originally Posted by Dan View Post
The uptrend is still intact. Too bad your stop was hit, if it's staying above 233 it would have been a great trade
Hi Dan.

Just got home, read your post and thought, oh no, did it hit 234? Cranked up
the forex machine and saw that it has been kind of side stepping since I left
earlier and is back below 233.

That means it will go up or down, 50/50 shot, LOL, haha. I don't have a clue,
have to wait for a pattern I like.
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Old 04-03-2007, 01:07 AM   #14 (permalink)
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Default Re: Catch Trade In Progress.

Simple GBP/JPY chart.

We are still in an uptrend, clearly defined by the thick green trendline.

Pin bar is formed on the hourly and 4h chart. MACD has made a touble top. These are indications of topping, but I need more before entering a trade. No trade right now.

Regards,
Dan
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Old 04-03-2007, 07:08 AM   #15 (permalink)
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Default Re: Catch Trade In Progress.

Quote:
Originally Posted by Dan View Post
Simple GBP/JPY chart.

We are still in an uptrend, clearly defined by the thick green trendline.

Pin bar is formed on the hourly and 4h chart. MACD has made a touble top. These are indications of topping, but I need more before entering a trade. No trade right now.

Regards,
Dan
Sell order below the 4 hour Pin Bar didn't get triggered. Buy order above the pin bar did get triggered, and resulted in +50pips. I am not even sure why I set the TP so low
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Old 04-03-2007, 01:12 PM   #16 (permalink)
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Default Re: Catch Trade In Progress.

Quote:
Originally Posted by Dan View Post
The uptrend is still intact. Too bad your stop was hit, if it's staying above 233 it would have been a great trade
Hehe, you can say that twice, if I ever regret moving a S/L it would be that
one, LOL. It has since broken through the daily trendline and continued
upwards, currently 234.69 going for 235. Damn (sorry).
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