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- steveshutts replied Oct 21, 2009
Well my sell limit was hit at 6400 during the asian so lets see what today brings! image
- steveshutts replied Oct 20, 2009
Just check the charts and looks like price is reacting off that resistance at 6500. There has been quite a sharp move back down and price has broken support at 6350 and is now retesting this area. I have placed a sell limit at 6400 for the asian ...
- steveshutts replied Oct 19, 2009
I have a sell ctop on cable at 6350. Price has cut a small range up at 6400, which is the 61.8% fib of the recent leg down, old s+r on daily and the third touch of this downward trendline in the daily. Price has broken above the range but has not ...
- steveshutts replied Oct 13, 2009
Well, it looks like todays bar print is going to be a bullish outside bar off the 382 daily fib. Trend is still down on the 4hour but i am wondering if i should now wait for price to move a little higher before reassessing. After the break out of ...
- steveshutts replied Oct 11, 2009
Hi Guys, Great thread Dan, keep it up. Would like to start with this method, so here is my analysis on cable and i welcome any feedback. Weekly- Still very much in downtrend and price has recently been rejected off the confluence zone of old support ...
- steveshutts replied Dec 4, 2008
Hi Monk, Here is the fib showing the 50% retracement. My fibs have different names from past strategies but they are the same levels. It is clearer to show the fib on the 1 hr but i am operating from the daily. We have a Eur/Aud long signal today ...
- steveshutts replied Sep 5, 2008
My main 40/100 after 9 days, as i mentioned before, starting balance should have been $3000, i am running it at 0.01 per trade. Max drawdown $100, nice! Steve
- steveshutts replied Sep 3, 2008
Ok graphs: I started with $5000 by mistake but have been trading as if its a $3000 account so just pretend the starting balance was $3000. First is the 40/100 for the last 8 days, Second is the 50/100 Third is the other 40/100 for 2 days: Steve
- steveshutts replied Apr 11, 2008
Hi Bo, Just would like to say thanks for such an amazing thread, you have gone into so much detail here with your experience and this really is the best source of information. I have a question regarding todays price action. Ok, obvious downtrend ...
- steveshutts replied Mar 5, 2008
Thanks for the quick response Islander. That all makes sense. A quick review of the trade you took. I took more or less the same earlier but this was off the 15 but was stopped out at BE. I am now long on cable and have moved my stop up to BE on ...
- steveshutts replied Jun 6, 2007
Well, that pin is now invalid anyway, and the long goes on. Good luck to all those aboard, its looking good! A couple of other trades i am in: USD/DKK: Break of 4 hour pin, although this was not broken on the next bar, price did fail to break much ...
- steveshutts replied Jun 6, 2007
I missed the entry on that daily pin this morning but we have an opposing pin on the 240 at a great location. Daily pins do take precedence over 4 hour pins, but i will short this if it breaks. This is a nice confluence area with a price pivot zone, ...
- steveshutts replied Apr 17, 2007
Well stopped out no Gold, got a reversal pin bar off weekly resistance, so moved my stop up to beneath this bar and stopped out, thats the way it goes!! Not a full loss as stop was moved up. image
- steveshutts replied Apr 17, 2007
Yep, i have the problem too. I am running IE 6 with ZoneAlarm Pro. The viruses are being picked up every time i navigate between pages on the forum. Doesn't seem to be slowing the navigation down too much but now and again ZoneAlarm seems to use ...
- steveshutts replied Apr 17, 2007
Going long on Gold on break of 240 pin bar and hourly BUOB. Price has retraced 61% of yesterdays move and has also found support off Fridays high. In line with major uptrend, price has slightly pierced weekly swing point and looking for this to ...
- steveshutts replied Apr 13, 2007
Great pin setting up on the GBP/JPY 240 on IB feed. Off 61% fib, previous s+r zone. Plenty of room to travel back up to 238 area. image
- steveshutts replied Apr 12, 2007
Looking to go long on NZD/USD off pin bar on 240. Target area is weekly resistance at 7350. In line with main trend. Have seen an inside bar break south on daily but doesn't look very convincing to me considering where it happened. image
- steveshutts replied Apr 12, 2007
Placed one trade on EUR/CAD this morning. SHort at 5346, SL 5396 and target area is 5200. Yesterday was a large down day off a pin bar and we got a BEOB on the 240. Price has since retraced 62% of yesterdays move and has met old support now acting ...
- steveshutts replied Apr 11, 2007
Well, we got a break of yesterdays high, inside bar on my chart and a BUOB on the 240 with a retrace to the round number. This could well be a false breakout but i have gone long at 62.28 with stop down at 61.60 below the 240 bar. I am looking for ...
- steveshutts replied Apr 11, 2007
Thanks for the comments guys. USD/NOK made a nice 2bhlc on the daily but would like to see a 50% retrace at least to get a good entry, maybe back up to the 6.0620 area. Next major support level is 5.9787 area. If it goes without a good retrace to ...