just to be akward ..lol., i dont think cable will hit the lower border?? i think the 1.5300 is too strong and the doller too weak. Of course just guessing.
happy hunting buddy
jon
happy hunting buddy
jon
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Dislikedjust to be akward ..lol., i dont think cable will hit the lower border?? i think the 1.5300 is too strong and the doller too weak. Of course just guessing.
happy hunting buddy
jonIgnored
Disliked...todays USD/CHF #20.6 reached more then 1:1 R:R and I have moved my sl to b/e. A stress-free trade from here...Ignored
DislikedHi it's me again. Did ya miss me?:-) From last Friday I have a buylimit order on Aussy for #18.4 intramonth that comes inside a slightly ascending channel. Now price stopped where I thought it might and perhaps we have a higher low in place for a potential diamond scenario...My order stays and eyes on the price. Lets see how this one unfolds ;-)Ignored
DislikedFinally filled long AUD/USD @ 1.0611 with original sl @ 1.0584 / After 1:1 R:R achieved sl moved to b/e. Lets see :-)Ignored
DislikedHello traders,
I was following this thread for a while, decided to make my first post there. I spoted an inclined channel on EUR/JPY, took a trade on a touch of a lower trendline expecting bounce of that trendline, keeping in mind that daily range is filled 110%. Will see how it goesIgnored
DislikedMay work. Warning! One of the problems is that "everyone and his dog" can anticipate the same - it looks too obvious . So a bunch of stop orders will accumulate behind that line together with your order. That bunch can become a good target for stop hunters.
BTW it is interesting to hear opinion of other traders like g_j_hook@yah (http://www.forexfactory.com/member.php?u=61988), belekas (http://www.forexfactory.com/belekas) (any others) what they think about diagonals in that diamond. Do you think...Ignored
DislikedMay work. Warning! One of the problems is that "everyone and his dog" can anticipate the same - it looks too obvious . So a bunch of stop orders will accumulate behind that line together with your order. That bunch can become a good target for stop hunters.
BTW it is interesting to hear opinion of other traders like g_j_hook@yah (http://www.forexfactory.com/member.php?u=61988), belekas (http://www.forexfactory.com/belekas) (any others) what they think about diagonals in that diamond. Do you think...Ignored
DislikedRegardless of antecipating anything, if it's going to break up, or down, it's best if you take it in the direction of the main move. If you have a combination of the weekly main move + the days main move. Today, for example, I spotted a diamond on the 60 min charts. I really thought about taking the trade, but refrained from taking it just because the 'psychological' weekly main move is still not defined, (also we have holidays all over). If this had occured more towards the weekend (if MM of week was up + main move was also up), than I would have...Ignored
DislikedMay work. Warning! One of the problems is that "everyone and his dog" can anticipate the same - it looks too obvious . So a bunch of stop orders will accumulate behind that line together with your order. That bunch can become a good target for stop hunters.Ignored
DislikedTotally agree with that trading in the current markets move will give overall edge in the long run, just like the casino has over his clients, the less counter trades the better chances is to survive in this game IMHO, also the less anticipating we have about next market movement the the more flexible we are adapting to it.Ignored