Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Attachments: Spider's Den
Exit Attachments

Spider's Den

Quoting EternalNewB
T. do you mind if I have a go on an analysis ? It will help me know if am learning anything EUR-JPY trend is down & we have a confluence between 61.8 fib & H3 Short @ 134.6 with SL @ 135.05 thank you
Could u pls post a chart?
Quoting [email protected]
{quote} Could u pls post a chart?

sure

my entry was missed by 3 pips
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 44 KB
Is there any EA for this blockbuster strategy?
AUD being sold off against USD.
AU sold, but EU got rejected from POC. It went 60 pips in a profit then it was rejected. Lets see. AU could jump off 7970 region
Quoting anuj20jain
Is there any EA for this blockbuster strategy?
Which strategy?
Hey T,
Are you saying you think AU will jump above the 7970 area or do you think it will sell there? I am thinking sell with previous price action and the intraday downtrend, and 38.2% fib, but not sure. thoughts?
Quoting Pipoholic1
Hey T, Are you saying you think AU will jump above the 7970 area or do you think it will sell there? I am thinking sell with previous price action and the intraday downtrend, and 38.2% fib, but not sure. thoughts?
I think it should jump above 7970. RBA has no reasons for rate cut as trimmed mean went surprisingly above the average and AUD is doing good IMO concerning latest reports.

Now its what it should do, but because the general trend is to the downside it could be also sold off. Take care with this pair.
Thanks T!
Quoting [email protected]
AU sold, but EU got rejected from POC. It went 60 pips in a profit then it was rejected. Lets see. AU could jump off 7970 region
Hi T,
Would it be reasonable to say that if price comes back to POC that it may try again to reach the target for the move of 1465- bottom of the flat bottom triangle?
I had got out of it at 20 points.
Thanks again for your time,
Kind regards,
Marty
It's not about how much you make, it's about how much you don't lose
Quoting martyhype
{quote} Hi T, Would it be reasonable to say that if price comes back to POC that it may try again to reach the target for the move of 1465- bottom of the flat bottom triangle? I had got out of it at 20 points. Thanks again for your time, Kind regards, Marty
Sorry - EURUSD
It's not about how much you make, it's about how much you don't lose
Quoting martyhype
{quote} Hi T, Would it be reasonable to say that if price comes back to POC that it may try again to reach the target for the move of 1465- bottom of the flat bottom triangle? I had got out of it at 20 points. Thanks again for your time, Kind regards, Marty
1300-10 could be good for longs but stop should be 50 pips. I recommend 0.5 % risk per trade.
@ tarantula: i am requesting for ea of the spider den strategy that people are trading and refering to in this thread.
Is there ny ea that you have developed for this?
Quoting anuj20jain
@ tarantula: i am requesting for ea of the spider den strategy that people are trading and refering to in this thread. Is there ny ea that you have developed for this?
No. There is no EA for this method. Its not automated and it cannot be automated.
Quoting [email protected]
{quote} 1300-10 could be good for longs but stop should be 50 pips. I recommend 0.5 % risk per trade.
Another rejection.
Quoting [email protected]
{quote} Another rejection.
hello how are you ? just want to ask you one question. Is there any indicator that will draw HL auto in any TF ? thanks.
Quoting [email protected]
{quote} Another rejection.
Can you please explain how do you manage such trades ? I mean when do you move to BE or trail your stops etc... ? (for scalps)
Quoting polatok
{quote} hello how are you ? just want to ask you one question. Is there any indicator that will draw HL auto in any TF ? thanks.
High/Low or?
Quoting EternalNewB
{quote} Can you please explain how do you manage such trades ? I mean when do you move to BE or trail your stops etc... ? (for scalps)
I use trail stop most of the time. For example first POC rejection went 60 pips in a profit, I was trail stopped for +40. This second trade now I have my stops on BE+10. I always use manual trailing stop.
Quoting [email protected]
{quote} I use trail stop most of the time. For example first POC rejection went 60 pips in a profit, I was trail stopped for +40. This second trade now I have my stops on BE+10. I always use manual trailing stop.
tx ...

really hard to believe I'm still having troubles taking a decent trade with all your help

Thanks T. Highly appreciated
0 traders viewing now