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Entry Unholy

  • #3,361
  • Feb 26, 2019 5:06am Feb 26, 2019 5:06am
Quoting ZenNy
we are back and still in the first week of the month bear range.....Gu is now at the top of the first week of the month bear range.... what does it mean? well IF the gu movement is used as an indicator and preceding the eu next move we will be looking for that famous 1.1460.......IF
I had GU resistance at 3148.......when prices got there my tf (15m) printed a confusing PA..... it seems more like a stampede of an Irish builder coming out of a North London pub still wearing his working boots....While EU was bouncing from my support at 1347.......

The were not signs of false BO, BO or anything....just a stampede.......but I had a look at the 60m and it was much clearer.....the last bar formed a bear inside bar just at my resistance......an inside bar is just a flag if followed by a bull bar.......being a bear bar if failed could trap trades so I place my buy stop order above it with a SL below it......made enough...now prices are at the PMH.
trading is simple but is simple is not easy.
  • #3,362
  • Feb 26, 2019 5:41am Feb 26, 2019 5:41am
GU H4, 1st try short
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Self discipline It is a practice
  • #3,363
  • Feb 26, 2019 6:03am Feb 26, 2019 6:03am
Quoting okshop
GU H4, 1st try short {image}
well done.....what was your initial risk in pips? and after how many pips gained you moved your SL to BE if I may ask?
trading is simple but is simple is not easy.
  • #3,364
  • Feb 26, 2019 6:14am Feb 26, 2019 6:14am
Quoting ZenNy
{quote} well done.....what was your initial risk in pips? and after how many pips gained you moved your SL to BE if I may ask?
MY EXPERT has an auto SL TP open for every order (30 sl / 100 tp) then be at +15 ( from there i can only reduced the SL) for GU will need 30 but for other pairs eg EU 15-20 but sometimes i drop down to m5 after the order and reduced the SL even more.
Attached Image
Self discipline It is a practice
  • #3,365
  • Feb 26, 2019 6:47am Feb 26, 2019 6:47am
Quoting okshop
GU H4, 1st try short {image}
GU H4
(GL trading dinner time)
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Self discipline It is a practice
  • #3,366
  • Feb 26, 2019 9:07am Feb 26, 2019 9:07am
Quoting okshop
{quote} GU H4 (GL trading dinner time) {image}
EU / GU H4
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Click to Enlarge Name: GU H4.PNG Size: 33 KB
Self discipline It is a practice
  • #3,367
  • Feb 26, 2019 9:07am Feb 26, 2019 9:07am
eur and usd took exit 7

regards,
goma
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  • #3,368
  • Feb 26, 2019 9:40am Feb 26, 2019 9:40am
Now I've got that song stuck in my head... thanks Goma
  • #3,369
  • Feb 26, 2019 2:56pm Feb 26, 2019 2:56pm
Quoting okshop
{quote} MY EXPERT has an auto SL TP open for every order (30 sl / 100 tp) then be at +15 ( from there i can only reduced the SL) for GU will need 30 but for other pairs eg EU 15-20 but sometimes i drop down to m5 after the order and reduced the SL even more. {image}
great....and what % of your capital is involved per trade?
trading is simple but is simple is not easy.
  • #3,370
  • Feb 26, 2019 3:00pm Feb 26, 2019 3:00pm
Quoting ZenNy
we are back and still in the first week of the month bear range.....Gu is now at the top of the first week of the month bear range.... what does it mean? well IF the gu movement is used as an indicator and preceding the eu next move we will be looking for that famous 1.1460.......IF
we have broken the range.....

was not an easy day to trade....even if it was a trend day.......

Made a DB at support....a DT at resistance....and the a TB at the same support to break the range.....

I have entered the DB and took profit at the DT.....not much but enough.
trading is simple but is simple is not easy.
  • #3,371
  • Feb 26, 2019 3:56pm Feb 26, 2019 3:56pm
Quoting ZenNy
{quote} great....and what % of your capital is involved per trade?
3% = (no of entries + SL) per trade
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Self discipline It is a practice
  • #3,372
  • Feb 26, 2019 4:35pm Feb 26, 2019 4:35pm
Quoting okshop
{quote} 3% = (no of entries + SL) per trade {image}
thank you, you mean max loss per day is 3%, if you take 3 trades the risk per trade is 1%?
trading is simple but is simple is not easy.
  • #3,373
  • Feb 26, 2019 5:25pm Feb 26, 2019 5:25pm
LOL Digs, for you bro...
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  • #3,374
  • Feb 26, 2019 8:55pm Feb 26, 2019 8:55pm
What an odd place for a weekly brkout tgt aay,,, not really ,,,, I mean could it be,, nah ,,A flag pattern off the lows with this towards the top of the projection ,,, would look for 1370 ish area to be tested ,, but it may just want the tgt now ,,1374 and 1366 should give some clues ,,,, H4 200 ema and sma ,,they both happen to be in about the same area with the weekly ave coming in just below at about 1355
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  • #3,375
  • Feb 26, 2019 9:07pm Feb 26, 2019 9:07pm
Smaller chart wht it looks like ,,so no one is caught off guard
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  • #3,376
  • Feb 26, 2019 9:15pm Feb 26, 2019 9:15pm
Daily indis room to go yet ,,,Rrrracer couple daily chart candles to check and see if similar on your futures chart ,,11-7 -18 and 2 -15 -19 ,,,,,,candles that can give some good levels to pay attention too,,one happens to be a weekly cam brkout tgt level this week, lol
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  • #3,377
  • Feb 26, 2019 9:32pm Feb 26, 2019 9:32pm
Quoting Rrrracer
LOL Digs, for you bro... {image}
Always had to tell my kid that ,, funny tho ,,he always had a cab full of girls ,, damn kids eeerrr uuummm ,,,no I never did anything remotely close cant imagine ,,, lol
  • #3,378
  • Feb 26, 2019 10:25pm Feb 26, 2019 10:25pm
Quoting ZenNy
{quote} thank you, you mean max loss per day is 3%, if you take 3 trades the risk per trade is 1%?
3% per pair. (when trade is at BE the 3% may be used again)
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: uj h4.PNG Size: 29 KB
Attached Image
Self discipline It is a practice
  • #3,379
  • Feb 26, 2019 11:26pm Feb 26, 2019 11:26pm
Morning gang gang.

Short from 1.13890
SL moved to BE.

Buy limit at
1.13527
SL 40 pips.


Let's see how it goes. Trade safe
4&1 All Time Profit: $37,496
  • #3,380
  • Feb 26, 2019 11:34pm Feb 26, 2019 11:34pm
Quoting MzansiObi
Morning gang gang. Short from 1.13890 SL moved to BE. Buy limit at 1.13527 SL 40 pips. Let's see how it goes. Trade safe
I took a similar sell (on M5 when candles closed below and retouched Ata’s lwmas). But Asia’s got their 20 odd pips so I’ll be looking to take profit in the next hour and re-enter after London.

Best of luck to you
You hesitate, you masturbate.
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