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- 27 Results (1 Thread , 26 Replies )
- ChesterB replied Apr 23, 2013
Another +5 on USD/JPY ... even with bad spread for scalping. Not a good trade IMO -- way too aggressive on longer term chart... Must overcome my IMPATIENCE...biggest weakness as a trader. But thanks Favorite
- ChesterB replied Apr 22, 2013
Nice thread. Thanks you guys for getting me inspired and back into trading after a hiatus... First trade, grabbed 6 pips on the USD/JPY... image I'm REALLY bummed that spreads have widened on Oanda -- used to be 1.2 EUR/USD and .9 on USD/JPY, now ...
- ChesterB replied Jun 19, 2012
5 second rainbow still a good tool? — Not sure. But this Asian session price action seems problematic to trade. Maybe this is exception not the rule, but what would you do here?
- ChesterB replied Jan 16, 2008
took a dujour trade for aussie, got in 3 min late or so, executed very well, SL set to BE at 15 pips in, then 20 pips , took 75% off the table, SL to +1 pip, stopped out... so +15.25
- ChesterB replied Jan 16, 2008
SHORT EUR/CHF on du jour signal — took a short position here: lets see how it goes. btw, this is at london open
- ChesterB replied Jan 15, 2008
Here is a counter trade to the du jour system, with Macd showing price turn around... plus we have a nice bottom with candle sticks and trade is in direction of the long term trend....
- ChesterB replied Jan 9, 2008
here's a nice uptrend with good support lines... Price expected to go higher, all emas in right order, daily and weekly pivot supports with mac-d waving higher...
- ChesterB replied Jan 8, 2008
set my SL and TP... now wait !
- ChesterB replied Jan 8, 2008
got stopped out for 10. Rentered... Notice this time stochs cut through 20%...should have waited for that. Then move trade to hourly chart and set SL 32 pips TP 39 pips:
- ChesterB replied Jan 8, 2008
trying to catch a bottom — Here's a trade i took based on trying to pick the low. Using MACD crossing its trigger line after a downspike. Also stochs are oversold. Moving averages showing choppiness...yellow should swing back to red.
- ChesterB replied Jan 7, 2008
totally overtraded but its cool... I wasnt trading by a system yet and i know this..still trying to formulate. Anyway, took a trade just now, long on usd/jpy: had some Emas going on the chart, and support from a pivot point, here, w/ stoploss and ...
- ChesterB replied Jan 6, 2008
2 EUR/USD trades — first of all, i'm breaking my own rule not to trade on Sunday night... hmm... anyway, my spidey-sense told me something was going to happen... Turns out I was right... lost 4 pips trying to catch an upmove and then made 22 ...
- ChesterB replied Jan 6, 2008
Tried to call the top on the usd/jpy. Reason I took this trade: Top was forming, likely to go down in direction of trend. (probably not enough good reason to take this, somewhat emotional trade) Stopped out for 8 pips plus spread...
- Bollinger Band Price Action Analysis
I'd like to start a thread so i can journal my observations about price action around bollinger ...
- ChesterB replied Jan 4, 2008
— mo dough
- ChesterB replied Jan 4, 2008
yen trades for chester first week of jan 08 — i see where i need to stay in trades longer... im hopefully improving.
- ChesterB replied Jan 3, 2008
here's another example, just now from EUR/CHF... It doesn't get any smoother than this. No sign of any reversal, so i would jump in at this point and take profit at round number psychological level or pivot.
- ChesterB replied Jan 3, 2008
Hey Slade, Well what I posted wasn't a complete system...Just sort of brain storming along with you. I really do like the 18/45 settings but I think a trader has to take a less mechanical approach and apply more discretion. The 14 SMA came out of ...