Forex Factory (https://www.forexfactory.com/forum.php)
-   Trading Systems (https://www.forexfactory.com/forumdisplay.php?f=71)
-   -   Ratios & Harmonics: a Different Way to Trade (https://www.forexfactory.com/showthread.php?t=402253)

Matts Micro Jan 23, 2015 8:05am | Post# 12261

Chart is a bit rough as I am watching PA as it goes... {image}
Took 15 due to PA.

Mr_Burns Jan 23, 2015 8:05am | Post# 12262

{quote} Your AB line is incorrect on here. The point B is using a candle from a time before point A and it should always be in the future (if that makes sense!).
Yeah you're right, really sloppy of me.
Staying away from the cable today, it's a mess.

Matts Micro Jan 23, 2015 8:07am | Post# 12263

Would have taken profit but happy with what I got, it's a bit volatile atm.

Matts Micro Jan 23, 2015 8:11am | Post# 12264

In an C sell GU risking 10

Matts Micro Jan 23, 2015 8:20am | Post# 12265

In an C sell GU risking 10
Got taken. It may still drop yet, it is one of my trade management issues I need to address. I often don't give enough room and get taken by a pinch. Next trade.

Bary Jan 23, 2015 8:22am | Post# 12266

{quote} Took 15 due to PA.
Nice trade, against OF
Still waiting. I'm always gun shy after first trade is a loser.

pampaq Jan 23, 2015 8:32am | Post# 12267

4 Attachment(s)
A very bad entry, that should not be sold below, however mmtum bearish strength in all TF, I decided to go without waiting for the rebound.
Had monitored the pair, and the correct entry, ok, was in 5M. Being so fast, I checked the pictures, but I could not post them.
TF used, 1M + 33pips.
regards
Click to Enlarge

Name: AUDUSDM15rutina2301.png
Size: 62 KB
Click to Enlarge

Name: AUDUSDM1entrynomuyconvencido.png
Size: 54 KB
Click to Enlarge

Name: AUDUSDM1entry.png
Size: 52 KB
Click to Enlarge

Name: AUDUSDM1tp.png
Size: 47 KB

Matts Micro Jan 23, 2015 8:33am | Post# 12268

1 Attachment(s)
{quote} Nice trade, against OF Still waiting. I'm always gun shy after first trade is a loser.
Thanks Bary. Yeah I can get the same. I thought about re-entering the trade I lost at a better price due to all the wicks on the 5 minute chart but didn't. Also though there is red news for CAD coming up and not sure the impact it will have on GU.
Click to Enlarge

Name: gbpusd 13.png
Size: 91 KB

Bary Jan 23, 2015 8:33am | Post# 12269

1 Attachment(s)
Short GU. Missed 1st entry. I think proper entry should have been in the oval.
I took it on the next retrace to that area.
Click to Enlarge

Name: GU 123 1.png
Size: 37 KB

Bary Jan 23, 2015 8:41am | Post# 12270

Short GU. Missed 1st entry. I think proper entry should have been in the oval. I took it on the next retrace to that area. {image}
Stopped again. -10. First 2 trades losers done for the day. Not reading PA correctly.

Matts Micro Jan 23, 2015 8:54am | Post# 12271

1 Attachment(s)
Went long though I think I was a bit too early (PA flicked back on close of candle). Giving 12 pips room.
Click to Enlarge

Name: gbpusd 14.png
Size: 70 KB

Matts Micro Jan 23, 2015 9:02am | Post# 12272

1 Attachment(s)
Watching 1.5000 it could be a nice PRZ.
Click to Enlarge

Name: gbpusd 15.png
Size: 73 KB

Bary Jan 23, 2015 9:03am | Post# 12273

A very bad entry, that should not be sold below, however mmtum bearish strength in all TF, I decided to go without waiting for the rebound. Had monitored the pair, and the correct entry, ok, was in 5M. Being so fast, I checked the pictures, but I could not post them. TF used, 1M + 33pips. regards {image} {image} {image} {image}
That is definitely not where you'd normally enter a short trade, but green pips!

Bary Jan 23, 2015 9:04am | Post# 12274

Went long though I think I was a bit too early (PA flicked back on close of candle). Giving 12 pips room. {image}
Looking good Matts.

PipTrendz Jan 23, 2015 9:05am | Post# 12275

I have been on the sidelines today so far, a bit tentative about entering into a ranging GBPUSD market. That said, looks like it is trying to break up now.

honestknave Jan 23, 2015 9:06am | Post# 12276

{quote} Stopped again. -10. First 2 trades losers done for the day. Not reading PA correctly.
Hi Bary,

I got burned many times when I missed an entry and then jumped in as soon as price returned to that area. Now, I force myself to ask the questions: why has price returned to this area again and so soon? Has it invalidated my entire premise for the trade?

I know it is very easy for me to say this with the benefit of hindsight, but that was a very significant bull candle that pushed price back into your entry zone. It wiped out several bearish candles in one move.

I hope you don't mind the observation.

Matts Micro Jan 23, 2015 9:10am | Post# 12277

{quote} Looking good Matts.
Thanks mate. I jumped out with +21. PA still in my PRZ and didn't want to risk a sudden drop. Is looking a bit bullish atm though.

Matts Micro Jan 23, 2015 9:13am | Post# 12278

Shorted at 1.4998, risking 12.

DeepakJ Jan 23, 2015 9:14am | Post# 12279

Goodafternoon everybody,

No trades for me today. Was watching the morning session but didnt like anything on the GBPUSD.
So will be back on Monday.
Wish everybody a nice weekend!

c49 Jan 23, 2015 9:14am | Post# 12280

1 Attachment(s)
For me , I like to have momentum on my side.
My assumption for a selloportunity Euro in 1.1200 - 1.1220 was correct and should have given me a profit with propr MM ,but I did not take it because of increasing upside momentum.Hope this helps.
Click to Enlarge

Name: eur233T v2 23jan15.png
Size: 52 KB


© Forex Factory