Discovering An Edge | Page 60 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

An Edge for an Edge (System Development) 116 replies

What do you mean by "Trader's Edge"? 17 replies

Trading edge or following the crowd? 9 replies

Discovering pattern recognition 2 replies

Interbank FX Webinar: Discovering The Optimum FIFO Solution Together 5 replies

Attachments: Discovering An Edge
Exit Attachments

Discovering An Edge

  • #1,181
  • Apr 4, 2016 4:11pm Apr 4, 2016 4:11pm
long EURGBP @ 7985, target 8059
A pip is only worth it if you know how much you risked to earn it
  • #1,182
  • Nov 16, 2017 6:03pm Nov 16, 2017 6:03pm
Attached Image (click to enlarge)
Click to Enlarge Name: FA490563-05B9-41E4-A504-0B7183C7937E.jpeg Size: 129 KB
A pip is only worth it if you know how much you risked to earn it
  • #1,183
  • Nov 16, 2017 6:06pm Nov 16, 2017 6:06pm
Bitcoin price targets:

R3 level 8660
TD Level 9325

Overnight pips: +437

Currently Long @ 7921, 7904, 7855
A pip is only worth it if you know how much you risked to earn it
  • #1,184
  • Nov 16, 2017 6:12pm Nov 16, 2017 6:12pm
Long Bias:
DAX, counter trend, Wave 2 part A, looking for B retrace for more longs, part C concluding 13200 area

Short Bias:
GBPUSD Looking to short at it near 13240, target parity.
GBPJPY Looking to short Sterling Weakness where possible.
A pip is only worth it if you know how much you risked to earn it
  • #1,185
  • Nov 16, 2017 6:14pm Nov 16, 2017 6:14pm
Plus500 prices:

GBPUSD
short@ 132379
A pip is only worth it if you know how much you risked to earn it
  • #1,186
  • Nov 16, 2017 6:53pm Nov 16, 2017 6:53pm
Bitcoin Elliot Wave count.
Difficulty is in identifying last Wave whilst in it.

Used TD Level to project price End Point.
Interesting to note $8000 price level surrounded by recurrent prices.
Attached Image (click to enlarge)
Click to Enlarge Name: AFAE4DAD-AE52-487E-90F0-0FD48120B618.jpeg Size: 509 KB
A pip is only worth it if you know how much you risked to earn it
  • #1,187
  • Nov 16, 2017 7:04pm Nov 16, 2017 7:04pm
Quoting vlady1974
Bitcoin price targets: R3 level 8660 TD Level 9325 Overnight pips: +437 Currently Long @ 7921, 7904, 7855
2 stopped +52, one still open @7921
A pip is only worth it if you know how much you risked to earn it
  • #1,188
  • Nov 16, 2017 11:21pm Nov 16, 2017 11:21pm
Quoting vlady1974
Plus500 prices: GBPUSD short@ 132379
Stopped -20
A pip is only worth it if you know how much you risked to earn it
  • #1,189
  • Nov 17, 2017 12:51am Nov 17, 2017 12:51am
Quoting vlady1974
{quote} 2 stopped +52, one still open @7921
Massive error on this one. Fell asleep and forgot to put stop loss. -275
A pip is only worth it if you know how much you risked to earn it
  • #1,190
  • Nov 17, 2017 12:52am Nov 17, 2017 12:52am
DAX
Long @ 13044, 13072
A pip is only worth it if you know how much you risked to earn it
  • #1,191
  • Nov 17, 2017 1:57am Nov 17, 2017 1:57am
Quoting vlady1974
DAX Long @ 13044, 13072
Added @ 13020
A pip is only worth it if you know how much you risked to earn it
  • #1,192
  • Nov 17, 2017 2:39am Nov 17, 2017 2:39am
GBPUSD

short @ 132465
A pip is only worth it if you know how much you risked to earn it
  • #1,193
  • Nov 17, 2017 4:49am Nov 17, 2017 4:49am
Quoting vlady1974
GBPUSD short @ 132465
Added @ 132161
Added @ 131959

GBPJPY
Short @ 148.600
A pip is only worth it if you know how much you risked to earn it
  • #1,194
  • Nov 17, 2017 5:02am Nov 17, 2017 5:02am
Quoting vlady1974
{quote} Added @ 13020
Closed all longs. +473

15MIN wicks were making me nervous and I didn't want to surrender the gains from this morning.
Makes up a little bit of my Bitcoin Error from last night.

GBP Shorts still in play.
A pip is only worth it if you know how much you risked to earn it
  • #1,195
  • Nov 17, 2017 5:07am Nov 17, 2017 5:07am
DAX roadmap i posted on another thread
Attached Image (click to enlarge)
Click to Enlarge Name: DAX2.png Size: 119 KB
A pip is only worth it if you know how much you risked to earn it
  • #1,196
  • Nov 17, 2017 5:13am Nov 17, 2017 5:13am
I've taken a cheeky short on Bitcoin.

The idea is that (on 1H) I am looking for a completion [Leg C] of an ABC pattern. This ABC wave will constitute WAVE 4.
I'm hoping the price point for completion is the Daily Pivot Point @ 7645 [ig index prices]

I will then look for Long positions, in what I hope will be WAVE 5.
Targets will be 8660 or potentially higher as I posted earlier.
A pip is only worth it if you know how much you risked to earn it
  • #1,197
  • Nov 17, 2017 5:18am Nov 17, 2017 5:18am
Bitcoin map.
Not sure if it will play out exactly like this though.
My short is almost at stop. Will watch and cut if i have to
Attached Image (click to enlarge)
Click to Enlarge Name: DAX3.png Size: 274 KB
A pip is only worth it if you know how much you risked to earn it
  • #1,198
  • Nov 17, 2017 5:47am Nov 17, 2017 5:47am
Quoting vlady1974
I've taken a cheeky short on Bitcoin. The idea is that (on 1H) I am looking for a completion [Leg C] of an ABC pattern. This ABC wave will constitute WAVE 4. I'm hoping the price point for completion is the Daily Pivot Point @ 7645 [ig index prices] I will then look for Long positions, in what I hope will be WAVE 5. Targets will be 8660 or potentially higher as I posted earlier.
Closed +16
A pip is only worth it if you know how much you risked to earn it
  • #1,199
  • Nov 17, 2017 6:04am Nov 17, 2017 6:04am
DAX
Looks like I closed just in time. Pride reversed.
The way price action is looking now, it may go lower.

So in terms of count it is still B wave.
Lower B is actually better for a higher C end point.

What to do..... Short down from here?
A pip is only worth it if you know how much you risked to earn it
  • #1,200
  • Nov 17, 2017 6:04am Nov 17, 2017 6:04am
GBP
GBPUSD has moved lower.
I've added another short to GBPJPY @148.329

Edit:
S3 now the target
Attached Image (click to enlarge)
Click to Enlarge Name: 25B9C3B7-F25C-47D5-BAD2-72D6732F0F16.png Size: 361 KB
A pip is only worth it if you know how much you risked to earn it
0 traders viewing now