PA Trading with EMAs & common Sense
- #75,063
- Edited Jan 25, 2019 1:28am Jan 24, 2019 11:23pm | Edited Jan 25, 2019 1:28am
- Joined Sep 2015 | Status: ob-la-di, ob-la-da, life goes on... | 4,499 Posts
Woke up with this triggered entry...
D1 TF | TP: Just below Peak Volume Price (PVP) or 1.13750 | Risk OFF BE+ 1.3075 (+2.8 pips) | Volume Profile (tick volume) Started from 4th January a day after the flash crash | Average Monthly Range reached 274/281 | Traders Dynamic Zone: dynamic midpoint level about to cross (classic settings). Hence, an aggressive entry, IMO
...in any case, here's my view on H1 TF ; )─
Until the Market proves me wrong...
I'm eyeballing a retracement move, as it just retested (twice) the 2019 lows (even exceed that - on 2nd attempt). However, the average weekly range ticks at 62% only based on the 3-week average, and the same goes with a 6-month or 9-month average range ─ the reason for the tight stop or moving this entry to BE+
Hope this explains, why I have a bunch of things on my chart... Well, all these are made, fused, designed and not fitted to work together with my own trading strategy. To each, their own... so to speak.
Anyway, “Why D1 time frame?” ...I personally found out late in Fx trading, (and confirmed with others too) that lower than H4 TF at times triggers a lot of FOMO thingy.
D1 TF | TP: Just below Peak Volume Price (PVP) or 1.13750 | Risk OFF BE+ 1.3075 (+2.8 pips) | Volume Profile (tick volume) Started from 4th January a day after the flash crash | Average Monthly Range reached 274/281 | Traders Dynamic Zone: dynamic midpoint level about to cross (classic settings). Hence, an aggressive entry, IMO
...in any case, here's my view on H1 TF ; )─
Until the Market proves me wrong...
I'm eyeballing a retracement move, as it just retested (twice) the 2019 lows (even exceed that - on 2nd attempt). However, the average weekly range ticks at 62% only based on the 3-week average, and the same goes with a 6-month or 9-month average range ─ the reason for the tight stop or moving this entry to BE+
Hope this explains, why I have a bunch of things on my chart... Well, all these are made, fused, designed and not fitted to work together with my own trading strategy. To each, their own... so to speak.
Anyway, “Why D1 time frame?” ...I personally found out late in Fx trading, (and confirmed with others too) that lower than H4 TF at times triggers a lot of FOMO thingy.
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
- #75,064
- Jan 24, 2019 11:44pm Jan 24, 2019 11:44pm
- Joined Mar 2017 | Status: Trader | 1,378 Posts
PA Trading with EMAs & common Sense
- #75,065
- Edited Jan 25, 2019 12:01am Jan 24, 2019 11:45pm | Edited Jan 25, 2019 12:01am
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,571 Posts
{quote} Ata's TARGET AREA HIT'S MY FIB'S SPOT ON AT THE 1.1078 AREA{image}
It's getting tight in here folks,15 min chart
- #75,067
- Jan 24, 2019 11:48pm Jan 24, 2019 11:48pm
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #75,069
- Jan 25, 2019 12:08am Jan 25, 2019 12:08am
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,571 Posts
- #75,070
- Jan 25, 2019 12:14am Jan 25, 2019 12:14am
- Joined Sep 2015 | Status: ob-la-di, ob-la-da, life goes on... | 4,499 Posts
{quote} It's getting tight in here folks,15 min chart
♪♫ Its gettin' hot (tight) in here ♫♬
♫♬ (so hot) ♫♪
♪♫ So take off (on) all your clothes (trades) ♪♬
Since Frank Sinatra sings in his own way, my chart sing... I did it, my way
- #75,071
- Jan 25, 2019 12:15am Jan 25, 2019 12:15am
- Joined Aug 2018 | Status: Research Analyst | 4,295 Posts
Data + Stat + Risk/Emotions Management
- #75,072
- Jan 25, 2019 12:24am Jan 25, 2019 12:24am
- Joined May 2014 | Status: Full Time Trader | 27,300 Posts
H1 Status Update
Last day of week. These are the things that I see for the day:
Last day of week. These are the things that I see for the day:
- I expect little bull pressure around the arrows: 1.1295 area but if bears can break through and print a new low we can go deeper.
- H1 candles are still below Green line and therefore bearish!
- London opening price is 1.1323.. while below also bearish but I also calculate in that we might have attempts to touch Green line!
- I am short already but new shorts can be added after BLUE TL breakout.
- No buying at least while below London opening price area. Better strategy would be to wait for a drop and see reaction of retests to lowest lows so that you can buy with lower and therefore better price. But for me that is still risky and I am telling this only to those who insist to blow their account or can't be patient enough to buy.
In a nutshell: I prefer to sell swing highs and new BLUE TL breakouts. My two cents.. 
Stay Green
Focus only on what truly matters!
- #75,074
- Jan 25, 2019 12:35am Jan 25, 2019 12:35am
- Joined Apr 2013 | Status: Trader | 1,528 Posts
Good morning everybody.
I would like to sell if the price rises to the area of 1333-44 and there will be additional signals.
According to my calculations, this area corresponds to 61.8 Fibo of yesterday’s movement,
the green line of LWMA and the daily resistance level. In addition,
the upper boundary of the Fibo angle (blue dashed line from Ata).
I'm still on the sidelines.
I would like to sell if the price rises to the area of 1333-44 and there will be additional signals.
According to my calculations, this area corresponds to 61.8 Fibo of yesterday’s movement,
the green line of LWMA and the daily resistance level. In addition,
the upper boundary of the Fibo angle (blue dashed line from Ata).
I'm still on the sidelines.
- #75,075
- Jan 25, 2019 12:47am Jan 25, 2019 12:47am
- Joined Apr 2012 | Status: Stunning | 6,815 Posts
in wondering about yourself, you forgot what you came here to be part of
- #75,076
- Jan 25, 2019 12:50am Jan 25, 2019 12:50am
- Joined Nov 2013 | Status: Busy | 1,396 Posts
Le$$ I$ More
- #75,077
- Jan 25, 2019 12:50am Jan 25, 2019 12:50am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #75,078
- Jan 25, 2019 12:59am Jan 25, 2019 12:59am
- Joined Jun 2018 | Status: An ordinary brother | 4,600 Posts
i need more
- #75,080
- Edited 1:16am Jan 25, 2019 1:05am | Edited 1:16am
- Joined Aug 2017 | Status: Just a little Aussi Battler | 4,571 Posts
H1 Status Update Last day of week. These are the things that I see for the day: I expect little bull pressure around the arrows: 1.1295 area but if bears can break through and print a new low we can go deeper. H1 candles are still below Green line and therefore bearish! London opening price is 1.1323.. while below also bearish but I also calculate in that we might have attempts to touch Green line! I am short already but new shorts can be added after BLUE TL breakout. No buying at least while below London opening price area. Better strategy would...
Agree Ata,
looking for a break either way, but i think the bears are marginally still in control.
But as always time will reveal all folks.
