cut your losses short and let your profit run
C-12's Supply, Demand and PA thread
- #7,544
- Aug 1, 2019 11:23am Aug 1, 2019 11:23am
- Joined Sep 2008 | Status: Trader | 1,364 Posts
swing short on the NZDJPY......up about 8:1R on this {image}
- #7,546
- Aug 1, 2019 3:15pm Aug 1, 2019 3:15pm
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
Had quite a good number of PM's about the live trading ideas. I'm surprised how many are keen to be involved and have offered to help out. Much appreciated.
The overwhelming majority would prefer a Discord channel due to ease of use and having other active channels within a single app.
I will reply to everyone over this weekend after a good think about it.
The overwhelming majority would prefer a Discord channel due to ease of use and having other active channels within a single app.
I will reply to everyone over this weekend after a good think about it.
- #7,547
- Edited 3:31pm Aug 1, 2019 3:18pm | Edited 3:31pm
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
Something else I was quite surprised with was UJ. I was looking for buy engulfing PA and then noticed H4 supply formed just after the open.
Took the PA after seeing price was completely compressed below (ie zero demand levels). D1 momentum was also shifting to the downside.
I didn't expect a big sell off but will take it regardless.
No reason to exit yet.
FOMC or big news weeks are the best times to trade. Around and after the news output. it's all good.
Took the PA after seeing price was completely compressed below (ie zero demand levels). D1 momentum was also shifting to the downside.
I didn't expect a big sell off but will take it regardless.
No reason to exit yet.FOMC or big news weeks are the best times to trade. Around and after the news output. it's all good.
- #7,548
- Aug 1, 2019 3:54pm Aug 1, 2019 3:54pm
Had quite a good number of PM's about the live trading ideas. I'm surprised how many are keen to be involved and have offered to help out. Much appreciated. The overwhelming majority would prefer a Discord channel due to ease of use and having other active channels within a single app. I will reply to everyone over this weekend after a good think about it.
cut your losses short and let your profit run
- #7,549
- Aug 1, 2019 4:58pm Aug 1, 2019 4:58pm
- Joined Jan 2016 | Status: Trader | 2,062 Posts
Had quite a good number of PM's about the live trading ideas. I'm surprised how many are keen to be involved and have offered to help out. Much appreciated. The overwhelming majority would prefer a Discord channel due to ease of use and having other active channels within a single app. I will reply to everyone over this weekend after a good think about it.
Discord is the best choice from an organization point of view
- #7,550
- Aug 2, 2019 1:58am Aug 2, 2019 1:58am
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
{quote} Agree Discord is the best choice from an organization point of view
It will probably look something like this. Added a few channels to tidy things up.
I dunno yet, still figuring out the details on how it's going to work and whether I'm going to get gripped by the mods on here.
{quote} I can see the thought process on this one Fred. We're also at prior S/R in a major downtrend. My only concern is we've got over 2 hours before NFP so price is going to range for a while and I can't see any clean zones surround price. Usually price will make a quick dash for a nearby level but nothing stands out. I am sat on the sidelines for this one eating popcorn until news breaks.
Hopefully will be back before the news
- #7,559
- Aug 2, 2019 11:30am Aug 2, 2019 11:30am
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
Damn what a slow NFP.
Just got home from work and spotted this on UJ.
1 pip risk and 60 pip reward anyone? Who says supply and demand zones don't work?
Just got home from work and spotted this on UJ.
1 pip risk and 60 pip reward anyone? Who says supply and demand zones don't work?
