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General Trading Chat / Ideas

  • #4,341
  • Aug 1, 2019 10:24pm Aug 1, 2019 10:24pm
Kinda the same one tht bit a few earlier in the eur aud ,, euraud is as bullish as audusd is bearish ,, price can go weeks without being close too the 4 hour 200 ,, but when its around it ya kinda want to keep an eye on it because it is a rough average monthly price ,, when it gets below or above it will make an attempt or 2 to keep it which ever side its on ,, but if it holds start looking for bigger levels on whichever side its on
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  • #4,342
  • Aug 1, 2019 10:32pm Aug 1, 2019 10:32pm
Quoting digger1
Kinda the same one tht bit a few earlier in the eur aud ,, euraud is as bullish as audusd is bearish ,, price can go weeks without being close too the 4 hour 200 ,, but when its around it ya kinda want to keep an eye on it because it is a rough average monthly price ,, when it gets below or above it will make an attempt or 2 to keep it which ever side its on ,, but if it holds start looking for bigger levels on whichever side its on {image}
EA looks to be in sell area to me and AU looks to be in buy area for pattern
ex nihilo
  • #4,343
  • Aug 1, 2019 10:37pm Aug 1, 2019 10:37pm
NU is at point D for possible cypher and AU is at point D for shark
ex nihilo
  • #4,344
  • Aug 1, 2019 10:43pm Aug 1, 2019 10:43pm
AU is at 113fib of XC and 161.8 of BC leg Target would be 6970
ex nihilo
  • #4,345
  • Aug 1, 2019 10:47pm Aug 1, 2019 10:47pm
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ex nihilo
  • #4,346
  • Aug 1, 2019 10:48pm Aug 1, 2019 10:48pm
I sold point C of cypher and got 219.3 pips on NU my take profit was the size of my trade account plus 5% or 105%
ex nihilo
  • #4,347
  • Aug 1, 2019 10:50pm Aug 1, 2019 10:50pm
Quoting Oc6oph
{quote} EA looks to be in sell area to me and AU looks to be in buy area for pattern
going by looks ,,it looks like if tht was a 15 minute chart I would wait for them highs again in eur aud or at least get below something ,, because its a bit in the middle ,, I know you are long nzdusd and if you put a 4 hour chart up it looks good for a buy on mete the info ya see if chart is normal looking on your screen price is near bottom of screen ,, a look at the daily or one click tighter on mete and the look changes I cant go by looks I just cant ,, done for a long time and didnt get anywhere ,, make a bunch turn around and give most or all of it back ,, got tired of being stuck in the loop learned it always pays more to wait for it or trade to it ,,A previous high or a previous low ,,no matter what shit looks like price has an uncanny way of making it to them areas ,,if its below some shit your selling ,, if its above some shit your buying ,, took thousands and thousands of dollars for me to learn tht and a lot of wasted time ,,the nzd , isint above anything atm ,, the m15 200 or the orage one would be a good start and it hasent done tht ,, its a ways to tht low yet ,,, everything else has been too their quarterly lows ,,some well beyond ,, ,,,myself I have to trade what I know and all I know is what the charts tell me by levels ,, not what it looks like ,, ,,everybody see s things different ,,everyone has got to figure out how to process what they see ,, you do fine but me I cant go by looks ,,1 wont go by looks going by looks tht kept me making virtually nothing ,, made a bunch ,, then give it right back ,,usually more
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  • #4,348
  • Aug 1, 2019 10:58pm Aug 1, 2019 10:58pm
Quoting digger1
{quote} going by looks ,,it looks like if tht was a 15 minute chart I would wait for them highs again in eur aud or at least get below something ,, because its a bit in the middle ,, I know you are long nzdusd and if you put a 4 hour chart up it looks good for a buy on mete the info ya see if chart is normal looking on your screen price is near bottom of screen ,, a look at the daily or one click tighter on mete and the look changes I cant go by looks I just cant ,, done for a long time and didnt get anywhere ,, make a bunch turn around and give...
I understand everyone trades differently I’m just in because of pattern and went in with a lot of leverage currently down 15 pips right now and it’s stressful due to the leverage. But with both AU and NU at these buy points of these patterns and there’s doji on NU daily chart so I think I might be ok
ex nihilo
  • #4,349
  • Aug 1, 2019 11:10pm Aug 1, 2019 11:10pm
Quoting Oc6oph
{quote} I understand everyone trades differently I’m just in because of pattern and went in with a lot of leverage currently down 15 pips right now and it’s stressful due to the leverage. But with both AU and NU at these buy points of these patterns and there’s doji on NU daily chart so I think I might be ok
Agreed with the lot size dd , it making stress
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  • #4,350
  • Aug 1, 2019 11:13pm Aug 1, 2019 11:13pm
Quoting LeongPuiy
{quote} Agreed with the lot size dd , it making stress
It is stressful but it helps build up account
ex nihilo
  • #4,351
  • Aug 1, 2019 11:14pm Aug 1, 2019 11:14pm
Quoting Oc6oph
{quote} I understand everyone trades differently I’m just in because of pattern and went in with a lot of leverage currently down 15 pips right now and it’s stressful due to the leverage. But with both AU and NU at these buy points of these patterns and there’s doji on NU daily chart so I think I might be ok
My luck it was always tht big one tht bit me in the ass ,,,,, what if of one of your patterns is just now getting wound up on a weekly or a monthly chart ,, can create some long tails on a daily chart and they are usually over in a blink of an eye ,,seems like an eternity as shit flys out of your acct ,, then a few few hours later back to where it was ,,,only your money isint back
  • #4,352
  • Aug 1, 2019 11:25pm Aug 1, 2019 11:25pm
Quoting digger1
{quote} My luck it was always tht big one tht bit me in the ass ,,,,, what if of one of your patterns is just now getting wound up on a weekly or a monthly chart ,, can create some long tails on a daily chart and they are usually over in a blink of an eye ,,seems like an eternity as shit flys out of your acct ,, then a few few hours later back to where it was ,,,only your money isint back
Well a lot of times with these patterns there’s also a double top or something on H4. I shorted NU at 6774 and it was at the 2nd top of the double top. I mostly focus on patterns on H4 daily chart. I had buy limit at 6554 to be sure order got filled I’ve missed these trades before because my order didn’t get filled very annoying. On some pairs price spikes down to pint D and doesn’t go back down there again did this a few weeks ago on NZDUSD made a big spike that was an H4 hammer so I have my buy limit up 4 pips from point D now
ex nihilo
  • #4,353
  • Aug 1, 2019 11:31pm Aug 1, 2019 11:31pm
My best Gbpusd trade this month..................

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  • #4,354
  • Aug 1, 2019 11:33pm Aug 1, 2019 11:33pm
Also looks like NZDUSD May form head and shoulders on daily chart my tp os at 6700
ex nihilo
  • #4,355
  • Aug 1, 2019 11:43pm Aug 1, 2019 11:43pm
Quoting Oc6oph
Also looks like NZDUSD May form head and shoulders on daily chart my tp os at 6700
sure does but in the here and now the chess match continues ,,, below some shit,, got whacked again from the shtest average on this chart and working on the neckline ,, and some indis in areas where hay is made ,, some fuel coming later and a projection to get halfway to tht last quarterly low reckon lots of stops about to start getting tickled ,, the shit your seeing will take care of itself ,, gotta get it working tht way 1st ,, atm I wouldnt say it was
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  • #4,356
  • Aug 1, 2019 11:49pm Aug 1, 2019 11:49pm
Quoting digger1
{quote} sure does but in the here and now the chess match continues ,,, below some shit,, got whacked again from the shtest average on this chart and working on the neckline ,, and some indis in areas where hay is made ,, some fuel coming later and a projection to get halfway to tht last quarterly low reckon lots of stops about to start getting tickled ,, the shit your seeing will take care of itself ,, gotta get it working tht way 1st ,, atm I wouldnt say it was {image}
I’d say a lot of stops are sitting at 6580 also see possible double bottom forming on H4
ex nihilo
  • #4,357
  • Aug 1, 2019 11:53pm Aug 1, 2019 11:53pm
Quoting Oc6oph
{quote} I’d say a lot of stops are sitting at 6580 also see possible double bottom forming on H4
well the up close picture of tht 4 hour chart ,,below days open ,, last level it took was retested and a projection to the next level ,,its below some shit basically ,,it is only asia tho
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  • #4,358
  • Aug 2, 2019 12:01am Aug 2, 2019 12:01am
all I see is a double bottom tht may be retested again ,, a double touch I trust a 3 rd one not so much
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  • #4,359
  • Aug 2, 2019 12:06am Aug 2, 2019 12:06am
and on a daily chart the closest area to make a double bottom is here around these parts
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  • #4,360
  • Aug 2, 2019 12:08am Aug 2, 2019 12:08am
Quoting digger1
all I see is a double bottom tht may be retested again ,, a double touch I trust a 3 rd one not so much {image}
My H4 candle just opened I’m betting it spikes down to 6534 to make double bottom
ex nihilo
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