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  • Post #301
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  • Sep 21, 2015 7:45am Sep 21, 2015 7:45am
  •  howard
  • | Joined Sep 2006 | Status: howard | 1,681 Posts
Now that we are on the subject of this GU short trade, we should have exited it and entered long above the green candle two bars later; is this correct?
Regards
 
 
  • Post #302
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  • Sep 21, 2015 8:03am Sep 21, 2015 8:03am
  •  60minuteman
  • | Commercial Member | Joined Feb 2012 | 3,770 Posts
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  • Post #303
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  • Sep 21, 2015 8:16am Sep 21, 2015 8:16am
  •  shandy
  • | Joined Mar 2007 | Status: Member | 169 Posts
Hi,

For this EU trade, would you have entered after the "first arrowed" candle, which created a new high and was itself a down bar in one, or the "second arrowed" candle, which was the one after the new high?

Thanks, Shandy
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  • Post #304
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  • Sep 21, 2015 8:54am Sep 21, 2015 8:54am
  •  HarryV
  • | Joined Oct 2012 | Status: Member | 25 Posts
Hi 60

Where would one take tp ?
Do you use s&p on the daily chart ?

Many thanks
Harry
 
 
  • Post #305
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  • Sep 21, 2015 8:58am Sep 21, 2015 8:58am
  •  HarryV
  • | Joined Oct 2012 | Status: Member | 25 Posts
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  • Post #306
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  • Sep 21, 2015 9:20am Sep 21, 2015 9:20am
  •  60minuteman
  • | Commercial Member | Joined Feb 2012 | 3,770 Posts
Quoting HarryV
Disliked
Hi 60 Where would one take tp ? Do you use s&p on the daily chart ? Many thanks Harry
Ignored
as a basic rule to work off, you should close your short where you go long - and vice versa
tradewith60
 
 
  • Post #307
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  • Sep 21, 2015 10:34am Sep 21, 2015 10:34am
  •  60minuteman
  • | Commercial Member | Joined Feb 2012 | 3,770 Posts
no long on EU, still short

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  • Post #308
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  • Sep 22, 2015 4:09am Sep 22, 2015 4:09am
  •  Juri
  • | Joined Dec 2013 | Status: Member | 304 Posts
Quoting Juri
Disliked
G/U new high and closed lower, {image}
Ignored
G/U short from Friday hit the target...yesterdays short on BE

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Pressure shapes Legends
 
 
  • Post #309
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  • Sep 22, 2015 4:20am Sep 22, 2015 4:20am
  •  60minuteman
  • | Commercial Member | Joined Feb 2012 | 3,770 Posts
nice Juri

I am still in the short from yesterday on GU

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  • Post #310
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  • Sep 22, 2015 4:35am Sep 22, 2015 4:35am
  •  Juri
  • | Joined Dec 2013 | Status: Member | 304 Posts
Quoting 60minuteman
Disliked
nice Juri I am still in the short from yesterday on GU {image}
Ignored


E/U was also a nice cracker yesterday, over 100 pips fall ...
Pressure shapes Legends
 
 
  • Post #311
  • Quote
  • Sep 22, 2015 5:16am Sep 22, 2015 5:16am
  •  60minuteman
  • | Commercial Member | Joined Feb 2012 | 3,770 Posts
Quoting Juri
Disliked
{quote} E/U was also a nice cracker yesterday, over 100 pips fall ...
Ignored
yep, all that is required is to keep doing this in a methodical fashion, let the big guys move the market around and just ride the waves... don't understand why people want to complicate it so

- you should join the group Juri, £60 for a year is peanuts, only 40 slots left before I close the cheap seats out. Everyone in there is on the same wavelength and having the live calls, seeing everyone take the same set up's help's tremendously when the market is not giving up the pips.... I can see you get the mindset already so it would be a good group for you..
tradewith60
 
 
  • Post #312
  • Quote
  • Sep 22, 2015 6:46am Sep 22, 2015 6:46am
  •  Juri
  • | Joined Dec 2013 | Status: Member | 304 Posts
Quoting 60minuteman
Disliked
{quote} yep, all that is required is to keep doing this in a methodical fashion, let the big guys move the market around and just ride the waves... don't understand why people want to complicate it so - you should join the group Juri, 60 for a year is peanuts, only 40 slots left before I close the cheap seats out. Everyone in there is on the same wavelength and having the live calls, seeing everyone take the same set up's help's tremendously when the market is not giving up the pips.... I can see you get the mindset already so it would be a good...
Ignored
Thanks for the Inviting bro!

But i am already in a circle of traders. But i am think about it...
Pressure shapes Legends
 
 
  • Post #313
  • Quote
  • Sep 22, 2015 7:18am Sep 22, 2015 7:18am
  •  60minuteman
  • | Commercial Member | Joined Feb 2012 | 3,770 Posts
failure at the low - reverse trade short GU

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  • Post #314
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  • Sep 22, 2015 8:01am Sep 22, 2015 8:01am
  •  shandy
  • | Joined Mar 2007 | Status: Member | 169 Posts
Quoting 60minuteman
Disliked
failure at the low - reverse trade short GU {image}
Ignored
I assume that would have triggered a long first?
 
 
  • Post #315
  • Quote
  • Sep 22, 2015 8:29am Sep 22, 2015 8:29am
  •  60minuteman
  • | Commercial Member | Joined Feb 2012 | 3,770 Posts
Quoting shandy
Disliked
{quote} I assume that would have triggered a long first?
Ignored
Shandy you need to read post 285

http://www.forexfactory.com/showthre...61#post8496661
tradewith60
 
 
  • Post #316
  • Quote
  • Sep 22, 2015 9:55am Sep 22, 2015 9:55am
  •  60minuteman
  • | Commercial Member | Joined Feb 2012 | 3,770 Posts
GU reverse trade paying off - it's either the low of the day or it's going lower! - just need to track the flow of price

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  • Post #317
  • Quote
  • Sep 22, 2015 10:18am Sep 22, 2015 10:18am
  •  shandy
  • | Joined Mar 2007 | Status: Member | 169 Posts
Quoting 60minuteman
Disliked
{quote} Shandy you need to read post 285 http://www.forexfactory.com/showthre...61#post8496661
Ignored
Ok, so I guess the "reverse trade" is a part of the system available to members - although I can guess what it is

Think I'll have to be joining up to this members group, looks good...
 
 
  • Post #318
  • Quote
  • Sep 22, 2015 10:21am Sep 22, 2015 10:21am
  •  60minuteman
  • | Commercial Member | Joined Feb 2012 | 3,770 Posts
Quoting shandy
Disliked
{quote} Ok, so I guess the "reverse trade" is a part of the system available to members - although I can guess what it is Think I'll have to be joining up to this members group, looks good...
Ignored
indeed Shandy - it's only simple ideas with the right mindset and a consistent approach - although you look at the forum's and people just love that complex stuff!
tradewith60
 
 
  • Post #319
  • Quote
  • Sep 22, 2015 11:09am Sep 22, 2015 11:09am
  •  FOURX
  • | Joined Feb 2007 | Status: Member | 1,477 Posts
Quoting shandy
Disliked
{quote} Ok, so I guess the "reverse trade" is a part of the system available to members - although I can guess what it is Think I'll have to be joining up to this members group, looks good...
Ignored
Hi shandy, I also believe that the 9am UK time bar formed a session low and closed up thus signifying a long entry on break of the candle which did happen, thus closing any short trade that would be running?
 
 
  • Post #320
  • Quote
  • Sep 22, 2015 11:15am Sep 22, 2015 11:15am
  •  60minuteman
  • | Commercial Member | Joined Feb 2012 | 3,770 Posts
Quoting FOURX
Disliked
{quote} Hi shandy, I also believe that the 9am UK time bar formed a session low and closed up thus signifying a long entry on break of the candle which did happen, thus closing any short trade that would be running?
Ignored
Hi Fourx, there was indeed a long - I took it. But there was also a reverse trade the very next bar. Also we use hedging so if you open a long you do not have to close the short - these are all the finer details of the system and to be fair to subscribers I have only discussed the hi-low entries here.
tradewith60
 
 
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