DislikedExit from range Channel on GBPUSD...
Good set up ? (it's a question )Ignored
Regards,
snu.
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DislikedExit from range Channel on GBPUSD...
Good set up ? (it's a question )Ignored
DislikedFirst TP hit, then I placed the SL on BE... and wait for TP2 to be reached...
Nice trade
Initial SL 15 pips
TP1 18 pips
TP2 38 pips...Ignored
DislikedUJ M15: This trade is doing fine, too. Set no Tps and it is still on.
Edit: I am expecting this to remain consolidating until asian session. At that time there may even be a further pullback (and I may be wishing I had taken profits!). However, if this is to go further north, that is what I would expect the asian trading big guns to do, so they can get in lower. This is all speculation, but I am leaving the trade running for now.Ignored
DislikedUJ M15: This might have been a SonicR re-entry. Would like to have Sonic's view on it, though.Ignored
DislikedUJ M15: This trade is doing fine, too. Set no Tps and it is still on.
Edit: I am expecting this to remain consolidating until asian session. At that time there may even be a further pullback (and I may be wishing I had taken profits!). However, if this is to go further north, that is what I would expect the asian trading big guns to do, so they can get in lower. This is all speculation, but I am leaving the trade running for now.Ignored
DislikedTAH
Congratulations on that UJ trade. Nice one.
However can you explain the criteria for entry, apart from volume analysis?
I mean, I see no real Sonic setup in this trade.
We had a High-Low followed by a Lower High-Higher Low but then had a Higher high with a Lower Low after it, after which it seems this trade took off. Perhaps I am confusing myself again? LOLIgnored
DislikedI understand now after your detailed explanation, thanks T.
Hmm, I always seem to get confused with the mental zooming in and out, I never know when to zoom in or zoom out. This mental zooming in and out seems to be a rather ambiguous thing, with no clear outline of when to look at the big picture or get the microscope out.
As I think you said before T, I tend to look at the individual bricks in the wall and thus, fail to see the height of it.
More wave analysis is the only way to really get a handle on this.Ignored
DislikedForming a triple bottom... seem to have support @ 1.652x lvl..
Nite
Sonic
http://cdn.forexfactory.com/attachme...1&d=1258039484Ignored
DislikedI have also had my eye on GU and noticed something strange about our charts. On your chart 1.6627 is below the low of that large blue up candle, on my chart 1.6627 is 11 pips above the low of that candle. DR1 is also not at the same area.
WeirdIgnored