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Guccilicious

  • #741
  • Nov 27, 2014 3:20am Nov 27, 2014 3:20am
GBPJPY H1 Short
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.... laughing all the way to the bank
  • #742
  • Nov 27, 2014 3:48am Nov 27, 2014 3:48am
good morning K. Just got up an saw gu taken out. However I re-entered on 15mintf after seeing rejection at 200ema. Just wondering what brought this pair down. Gotta get clean and have my coffee before any more trading. Bbl
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the cautious seldom err....C
  • #743
  • Nov 27, 2014 3:51am Nov 27, 2014 3:51am
Quoting pips29
good morning K. Just got up an saw gu taken out. However I re-entered on 15mintf after seeing rejection at 200ema. Just wondering what brought this pair down. Gotta get clean and have my coffee before any more trading. Bbl {image}
Hey pips,
We'll be right here when you get back not sure what is up with the market today..... I have no bias just trading the signals from TDI
.... laughing all the way to the bank
  • #744
  • Nov 27, 2014 4:14am Nov 27, 2014 4:14am
Quoting pips29
good morning K. Just got up an saw gu taken out. However I
re-entered on 15mintf after seeing rejection at 200ema. Just wondering what brought this pair down. Gotta get clean and have my coffee before any more trading. Bbl {image}
...you've added positions to go long?
See that Bull candle on H4? There's not been a close above it..... it could be the trend is a short ..in line with the D1 trend. H4 has crossed down and H1 TDI is below the MBL
.... laughing all the way to the bank
  • #745
  • Nov 27, 2014 4:38am Nov 27, 2014 4:38am
Quoting itsallover
{quote} ...you've added positions to go long? See that Bull candle on H4? There's not been a close above it..... it could be the trend is a short ..in line with the D1 trend. H4 has crossed down and H1 TDI is below the MBL
I am using the 10 ema as "a balance line" on the daily. Long when price is above and short when under. At the moment it's above and looking at pa on 15min and pinbar/hammers/dojis to make my decision. I took a look at H1 and H4 and saw the cci above the 0 line (meaning still upside momentum) If it fails , at least I could say to myself "I did exactly what the indicators were showing coupled with pa", then I don't have to beat myself up. Anyway,on H4, E/cad is trading in a range of 50 pips. Tdi flat and hovering around the 50 line and cci near 0, so no trade on this one Ecad chart below
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the cautious seldom err....C
  • #746
  • Nov 27, 2014 4:44am Nov 27, 2014 4:44am
Quoting itsallover
{quote} ...you've added positions to go long? See that Bull candle on H4? There's not been a close above it..... it could be the trend is a short ..in line with the D1 trend. H4 has crossed down and H1 TDI is below the MBL
Just saw the candles on H4 and realise what you are on about. Just gotta give some time for the coffee to do its work Hopefully price does not drop below the 10 ema on H4. Otherwise I am in trouble
the cautious seldom err....C
  • #747
  • Nov 27, 2014 4:57am Nov 27, 2014 4:57am
Quoting pips29
{quote} Just saw the candles on H4 and realise what you are on about. Just gotta give some time for the coffee to do its work Hopefully price does not drop below the 10 ema on H4. Otherwise I am in trouble
,,,we are talking about GU ,,,right?
.... laughing all the way to the bank
  • #748
  • Nov 27, 2014 5:00am Nov 27, 2014 5:00am
Quoting itsallover
{quote} ,,,we are talking about GU ,,,right?
Yes, we are. Here's the dollar chart
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the cautious seldom err....C
  • #749
  • Nov 27, 2014 5:04am Nov 27, 2014 5:04am
Quoting pips29
{quote} Just saw the candles on H4 and realise what you are on about. Just gotta give some time for the coffee to do its work Hopefully price does not drop below the 10 ema on H4. Otherwise I am in trouble
I put a 10ema on my chart so that I can see what you see....

I guess when PA decides to change direction you'll have a few losses using this method
.... laughing all the way to the bank
  • #750
  • Nov 27, 2014 5:06am Nov 27, 2014 5:06am
GJ hasn't moved ....
.... laughing all the way to the bank
  • #751
  • Nov 27, 2014 5:10am Nov 27, 2014 5:10am
H4 Gu
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the cautious seldom err....C
  • #752
  • Nov 27, 2014 5:16am Nov 27, 2014 5:16am
Quoting itsallover
{quote} I put a 10ema on my chart so that I can see what you see.... I guess when PA decides to change direction you'll have a few losses using this method
yes, definitely I take losses and I hope to be able to do that quickly. The difficulty about trading is the idea of taking losses but it is all good to get out quickly when wrong and to remain in forever when right
the cautious seldom err....C
  • #753
  • Nov 27, 2014 5:20am Nov 27, 2014 5:20am
Quoting pips29
{quote} yes, definitely I take losses and I hope to be able to do that quickly. The difficulty about trading is the idea of taking losses but it is all good to get out quickly when wrong and to remain in forever when right
I did read somewhere that even with 60% losses and good money management you'll be profitable..... the losses are part of trading.
As you say, we get over the losses quickly and move on. I had 3 losses from yesterday and today,,,, so far,,,, it could still get worse lol
.... laughing all the way to the bank
  • #754
  • Nov 27, 2014 5:59am Nov 27, 2014 5:59am
Massive retrace on AUDNZD..... I got out of the first trade with +110 re-entered again

AUDNZD H1 Short
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Click to Enlarge Name: AUDNZDmicroH1.png Size: 31 KB
.... laughing all the way to the bank
  • #755
  • Nov 27, 2014 6:28am Nov 27, 2014 6:28am
Quoting itsallover
Massive retrace on AUDNZD..... I got out of the first trade with +110 re-entered again AUDNZD H1 Short {image}
I always have this problem trading the daily. On many ocassions when I moved the stop to breakeven after being +ve for say 50 pips, it turned and stopped me out. If I had kept the stop at time of entry, it would have been a terrific trade. Stops would usually be quite big,hence the phobia. To save me from anguish and swearing I rather not trade the daily. Well at least you got out well with 110 pips
the cautious seldom err....C
  • #756
  • Nov 27, 2014 6:33am Nov 27, 2014 6:33am
Quoting pips29
{quote} I always have this problem trading the daily. On many ocassions when I moved the stop to breakeven after being +ve for say 50 pips, it turned and stopped me out. If I had kept the stop at time of entry, it would have been a terrific trade. Stops would usually be quite big,hence the phobia. To save me from anguish and swearing I rather not trade the daily. Well at least you got out well with 110 pips
I trade in the direction of the daily but with confirmation of the lower timeframes.....I'm still tweaking,,,,,
.... laughing all the way to the bank
  • #757
  • Nov 27, 2014 6:34am Nov 27, 2014 6:34am
Quoting pips29
{quote} I always have this problem trading the daily. On many ocassions when I moved the stop to breakeven after being +ve for say 50 pips, it turned and stopped me out. If I had kept the stop at time of entry, it would have been a terrific trade. Stops would usually be quite big,hence the phobia. To save me from anguish and swearing I rather not trade the daily. Well at least you got out well with 110 pips
Thanx pips.... I hope to get the other 11 pips remaining
.... laughing all the way to the bank
  • #758
  • Nov 27, 2014 7:20am Nov 27, 2014 7:20am
boring so far and market not moving, this talented young lady has better moves though the song is "totally insane"
Inserted Video
the cautious seldom err....C
  • #759
  • Nov 27, 2014 7:23am Nov 27, 2014 7:23am
Quoting pips29
boring so far and market not moving, this talented young lady has better moves though the song is "totally insane"http://youtu.be/pvOBann6_wI
lol... I love insane songs
.... laughing all the way to the bank
  • #760
  • Nov 27, 2014 7:28am Nov 27, 2014 7:28am
Quoting itsallover
{quote} Thanx pips.... I hope to get the other 11 pips remaining
...actually its 150 pips to your trendline... hope you're on it pips
.... laughing all the way to the bank
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