FOREX LIVE: @mindhunter's EUR/USD UK Snap Election Trade Now Hits $2300! [Let The Profits Run As We Say In Forex]steemCreated with Sketch.

in #forex7 years ago

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USD/JPY is quite BULLISH since lastnight ;)
https://twitter.com/TradZAllDayZ

I want to go long at the mo, so I've just jumped on the USD/CHF - it's lost 21 pips in the last 6 hours! Just recorded the sale for later. I've also just closed my EUR/USD trade as well at nearly $2700!! ... I just recorded that one too!! :))

Wow lol Nice trade, you did it! What leverage do you use? I use 200 X with breakeven's and or small losses. I was in LONG [email protected] & took profit@110. Could have re-entered @110 but was unsure@the time. I'm now back in @110.623(breakeven) with a TARGET [email protected]. Price is currently floating around the 110.95 area.
0nce it reaches 111 I will move my STOP up to 110.8
Update ye later ;)

Some nice trades going on there @tradz :) I use leverage 50:1 #pipshunter!

It's good that you use 50 X as you have a nice amount to trade with and besides, it gives you room to breathe ;)

Yes! Its taken 16 years to breath easy at this level my friend @tradz - the 10,000 hour rule for deffo applies here!!

Ha! I hear ye! I thought I was the Forex-King my 1st year but I had to learn the traps of the markets and hours upon hours of chart watching lol
Luckily I was able to quit my job and stay home full time to analyze or else I would of had 10 more yrs to go lol
I had to learn patience and also had to learn that you have to stick with your plan. Gtta go, price just hit 111 :-0

The hardest thing in forex is doing nothing! ... just like Steemit!!

Holy crap! Clever hunter! Well done mate.

Letting a trade run always takes courage, but it also comes with the wisdom of trying to see the future too. I knew that French Election would make it gain pips - I would've staked my life on it!!

P.S. I'll probably cash the trade out tomorrow at $2700 - 3 x times the $900 initial target :DD

@mindhunter
I can't wait to start using $1000 a trade again. So you trade Forex as well huh! NIce! I use to solely trade EUR/USD but it started to upset me considering how volatile it was and me being a rookie@the time. Now I solely trade USD/JPY. Eur/Usd - Usd/Jpy do the complete opposite of each other, something to keep in mind if wanting to trade both pairs ;)
Great work and yes, letting your profits run is a bit scary@first but as long as you have STOPS in place, you shouldn't be scared. I like breakeven trades but hate getting out having to look yet for another entry ha!
Keep it up and i will speak with you from time to time on this monster market ;)

TP/SL ratio was 1:1 for this trade but I let it run to a 3:1 ratio ... the trade is still running and its just hit £2K/$2500 - I'll probably close the trade tomorrow. I'm a big fan of the USD/JPY too :)

@mindhunter
Trade 0r should I say trades complete from earlier ;) I got out on profit then back in with a bigger size with profit. I really do have to shoot some live vids. I have a camera but would prefer using a screen recorder app. I'll look into it later on today.
Take care my Forex Friend and may the trades be with you ;)
EDIT:
BOJ news coming in later on today so, it's gone be another great trading day ;)

I like to keep it raw so I avoided a screen recorder! BOJ news!! OK will head over to https://www.forexfactory.com/ to check it out @tradz :)

Ha! I like raw as well but I don't want to hold the camera or struggling to find a sweet spot where I don't have to hold, plus wouldn't be able to zoom in and out when I feel the need to without shaking the thing too much.
I never used screen recorders and think they are innovative ;)

See, this is why we desperately need a good P.m. system. We are flooding this post with replies made for P.M.'s. Why isn't this done already? I know awhile back they attempted on doing this but it was a hassle as we had to report to another site....

Yeah, we need pm within Steemit like you say. It's the #1 new feature I'd like to see. USD/JPY is already up today, so I'll stay out of that one for now! #pipshunter :)

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