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Indication Vindication

  • #1
  • First Post: Nov 20, 2017 1:53pm Nov 20, 2017 1:53pm
Good day,

I just got out of hospital after a relatively serious motorcycle accident. Was in ICU for 2 weeks with fractured ankle, 7 broken ribs, broken sternum, 3 neck fractures and 3 fractured vertebrae. A 7 hr operation to have screws and plates inserted in my back, to keep things together. Had to learn to walk again and progress is slow - but i'm recovering.

I have realized that life is short and things we take for granted could be lost in an instant. Still weeks to go for all the broken bones to heal. Time will tell if I will eventually be my old self. Since i'm home now - I have spent time going through a few things again and spent time developing a indicator that I believe is quite good and may even lead at times. Coupled with normal RSI - I have identified a few relatively consistent patterns that I want to test out here. Trades will vary from scalps to longer term trades.

You are welcome to follow or stop by from time to time. This is a remedial journal to keep myself occupied during my recovery period. Will test this for the remainder of the year and till end Jan 2018. If consistent - then live.
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  • #2
  • Nov 20, 2017 1:56pm Nov 20, 2017 1:56pm
I am entering long on the EU daily chart as I believe we are setting up for a little upside again. See chart. Will feed back in days to come. additional long entries may follow.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDDaily.png Size: 52 KB
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  • #3
  • Nov 21, 2017 2:27am Nov 21, 2017 2:27am
Hi,

Closed the EU long for a few and reversed short on the 4hr chart for a scalp.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 40 KB
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  • #4
  • Nov 21, 2017 2:48am Nov 21, 2017 2:48am
Going short here on Swissy Daily @ 0.9930.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFDaily.png Size: 44 KB
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  • #5
  • Nov 21, 2017 8:42am Nov 21, 2017 8:42am
Stopped trading for the day. Closed all Swissy shorts and all EU longs.

A good day.
Attached Image (click to enlarge)
Click to Enlarge Name: Image 2.jpg Size: 90 KB
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  • #6
  • Nov 21, 2017 8:45am Nov 21, 2017 8:45am
May look to resume EU longs on daily again a little later today. Will post entry if valid
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  • #7
  • Nov 21, 2017 10:08am Nov 21, 2017 10:08am
hope your health is good now
  • #8
  • Nov 21, 2017 11:27am Nov 21, 2017 11:27am
Quoting rishi12
hope your health is good now
Thank you for the wishes, Rishi12 - appreciated. Good trading to you!
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  • #9
  • Nov 21, 2017 12:25pm Nov 21, 2017 12:25pm
Good day,

Going long EU 4hr @ 117.45
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 55 KB
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  • #10
  • Nov 21, 2017 7:10pm Nov 21, 2017 7:10pm
Hi there KingO ...

Re: I just got out of hospital after a relatively serious motorcycle accident.

I think you have paid a heavy price for learning the risk of motorcycling. I was very lucky in comparison, only a few scratches and bruises. However, learning is a good thing, better late than never I think. I am now 80 yo and enjoying a relatively good healthy life without my old m/cycle.

I shall follow your thread for a while and see if I can learn something new...

Thank you ....
Good Trading to All ---- fairwind
  • #11
  • Nov 21, 2017 7:26pm Nov 21, 2017 7:26pm
Quoting fairwind
Hi there KingO ... Re: I just got out of hospital after a relatively serious motorcycle accident. I think you have paid a heavy price for learning the risk of motorcycling. I was very lucky in comparison, only a few scratches and bruises. However, learning is a good thing, better late than never I think. I am now 80 yo and enjoying a relatively good healthy life without my old m/cycle. I shall follow your thread for a while and see if I can learn something new... Thank you ....
Good day to you, Fairwind

Thank you for the message and the post. It is appreciated. Since the accident, it has been a race against time for me - as my daughter is getting married this coming Saturday and I used that as motivation to walk again within the space of 4 weeks - as I need to walk her into church. Will be a wobbly affair - but I am flying to her tomorrow and will do just that. 80 years young you are. Brilliant! I wish you great health and great success..

Please do stop by from time to time. Take care!
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  • #12
  • Nov 22, 2017 2:12am Nov 22, 2017 2:12am
Good day,

SL moved into place. +2. Will keep - if market allows - till indicator reaches first line north ( indicated exit). If stopped out - will continue another long attempt till indicator reaches exit point - then discard trade.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 57 KB
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  • #13
  • Nov 22, 2017 3:59am Nov 22, 2017 3:59am
I have closed the EU long on the 4hr. This done because the daily chart is setting up for some downward movement. Thus in contrast... At the same time, GU on the daily also setting up to possibly go short over days to come. I will be testing the GU short on the daily. Entered first position @ 1.3247. I will be going out of town tomorrow - so may place some pending shorts a little higher up as well.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 66 KB
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  • #14
  • Nov 27, 2017 2:35pm Nov 27, 2017 2:35pm
Quoting KingOSwing
I have closed the EU long on the 4hr. This done because the daily chart is setting up for some downward movement. Thus in contrast... At the same time, GU on the daily also setting up to possibly go short over days to come. I will be testing the GU short on the daily. Entered first position @ 1.3247. I will be going out of town tomorrow - so may place some pending shorts a little higher up as well. {image}
Good day,

Back from my trip en the GU trade certainly not too pretty - but ended well. I'm learning to understand all the indicator nuances and this was one of them. Was way too early on the daily. Will focus more on the 4hr and 1hr charts over the next few weeks.
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  • #15
  • Edited 4:48pm Nov 27, 2017 3:49pm | Edited 4:48pm
It is highly likely that there will be a little more downside to EURJPY on the 15 min - scalp only for a few. It however is quite late - so not expecting much. Just testing the signal - will take a few if on offer. Entry @ 132.15. Will add if it rises a little.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYM15.png Size: 49 KB
Click to Enlarge Name: Image 6.jpg Size: 30 KB
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  • #16
  • Nov 27, 2017 4:45pm Nov 27, 2017 4:45pm
Quoting KingOSwing
It is highly likely that there will be a little more downside to EURJPY on the 15 min - scalp only for a few. It however is quite late - so not expecting much. Just testing the signal - will take a few if on offer. Entry @ 132.15. Will add if it rises a little. {image}
Grabbed a few bucks.. 4hr EURJPY may be looking to go long for a scalp. Entering here @ 132.165, will add if we drop a little.
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH4.png Size: 77 KB
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  • #17
  • Nov 27, 2017 9:41pm Nov 27, 2017 9:41pm
Quoting KingOSwing
{quote} Grabbed a few bucks.. 4hr EURJPY may be looking to go long for a scalp. Entering here @ 132.165, will add if we drop a little. {image}
Worked well. Price currently @ 132.34. I closed the long already.
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  • #18
  • Nov 27, 2017 9:43pm Nov 27, 2017 9:43pm
Going to see if the USDJPY short scalp signal on the 4hr will bring a few pips. Entered short @ 111.20. Will add positions if we go higher here.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYH4.png Size: 73 KB
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  • #19
  • Nov 28, 2017 7:19am Nov 28, 2017 7:19am
Quoting KingOSwing
Going to see if the USDJPY short scalp signal on the 4hr will bring a few pips. Entered short @ 111.20. Will add positions if we go higher here. {image}
Took a little while and I did add more positions as USDJPY moved higher - as indicated in my earlier post. This was done based on the indicator signal on 4hr.

Trades taken today:
Attached Image (click to enlarge)
Click to Enlarge Name: Image 7.jpg Size: 172 KB
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  • #20
  • Nov 28, 2017 7:30am Nov 28, 2017 7:30am
There may be a small long scalp opportunity on 1hr USDCHF - attempting a long here @ 0.98198.
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFH1.png Size: 55 KB
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