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- forexpiet replied May 14, 2016
It was a good choice to close the EJ but my UJ got stopped out at the pip. I was up 1% on the week and now ending -0,5%: image
- forexpiet replied May 12, 2016
I closed my EJ in two steps. First 2/3 and later the rest of the position: image UJ shot up today. I adjusted my first stop to above the daily high of yesterday. Well, it was again my half percent risk rule. Emotions ... :-( Anyway UJ came back ...
- forexpiet replied May 11, 2016
Shorted UJ Weekly: Price touched weekly resistance (yesterday) image Daily: image Yesterday's shooting star was confirmed today. I do not know why I missed that shooting star yesterday. Maybe not yet finished when going to bed. Anyway I hope I ...
- forexpiet replied May 11, 2016
Well, I bet you all know, USDCAD on the run: image
- forexpiet replied May 11, 2016
Well, EU got stopped out at BE: image A disadvantage of this waiting is I did not "see" the turnaround.
- forexpiet replied May 10, 2016
I have a demo trade on USDCAD. I was looking at the weekly and saw this BuLBC Weekly. Well, not quite a sell signal. But it reached what I thought to be a resistance level, denoted by the arrows: image So I looked at the daily and saw this ...
- forexpiet replied May 9, 2016
EURJPY This was the daily before opening a position: I try to use other 'knowledge' in deciding whether or not to open a trade. Reasoning on this one: Price is in weekly support Price is making a bottom in approximately the same area for the third ...
- forexpiet replied May 9, 2016
EURJPY This was the daily before opening a position: image I try to use other 'knowledge' in deciding whether or not to open a trade. Reasoning on this one: Price is in weekly support Price is making a bottom in approximately the same area for the ...
- forexpiet replied May 9, 2016
EURAUD This one is not my favorite pair. Again a loser. I was so tempted to short this one. Maybe because of the 'shooting star' daily candle (060516), although it close bullish. Now I think it is too small in regard to the up move which preceded ...
- forexpiet replied May 9, 2016
EURUSD: Last Friday my EU position was stopped out (for a profit). I opened a new position later because of nothing basically changed in the direction I'ld want to have a position. I do not have this one on my demo account so I'll post this one from ...
- forexpiet replied May 5, 2016
As I sad earlier there was a choice EU or GU. I did GU on demo only: image Stop is at BE. I do not like the wicks below the candles. H4 is 'flat' for about 8 candles now.
- forexpiet replied May 5, 2016
image I have lowered my stop on basis of H4 candles. I did this one live also.
- forexpiet replied May 4, 2016
Yesterday evening I have chosen to short the EU (other option for me was GU): image During the day several times I was tempted to close the trade because of lacking momentum after such a huge drop. Instead of that I lowered my stop from 1.1626 ...
- forexpiet replied May 3, 2016
Analyzing GBPUSD: Weekly, two bars strong move up running into W resistance image Daily: 5 to 6 overlapping candles, losing upwards momentum, no sell signal on the daily image H4: Sell signal at the close of the large bearish engulfing image ...
- forexpiet replied May 3, 2016
Well, let me try to evaluate this trade. Emotions are gone. Well are they??? 199 more trades like this and over and out. Last week was a huge weekly bar. Who is in control FP? The bulls aren't they? EurAud is moving north like a freight train. Don't ...
- forexpiet replied May 2, 2016
Maybe I am to eager to do my first trade using this strategy. oohh well emotions .... This is my EURAUD Weekly: image And this is my daily: image I think a proper daily sell signal is not to be seen (yet). I have a (slight) problem with these ...
- forexpiet replied May 2, 2016
As per 'rules' you should provide a weekly chart. Here is mine. I wonder whether your weekly resistance is the same image My daily is like this: image I do not see a trade signal on the daily yet, do you Syl?:
- forexpiet replied May 1, 2016
I do not want to start of by posting all my analysis. I have some more than this EU. This one is interesting I think because of the following. In the pdf it says: "Identify key support and resistance utilizing large bodied weekly candles." I have ...
- forexpiet replied May 1, 2016
Hi, I've been reading the pdf and this thread last week. First of all I'ld like to thank Winston for putting this all on FF. Now let's see whether or not we (or some of us) can make this strategy to be a profitable system. Good luck to ya all! I ...
- forexpiet replied Nov 2, 2014
And this is what I found. Struggling with this though. Looking back is 'easy'. How to find these spots beforehand, because a little higher there is also a zone where price could turn? image