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On Point

  • #581
  • Jan 13, 2021 5:54am Jan 13, 2021 5:54am
dollar rises euro falls
correlation in its simplest form
I had to take this trade
Attached Image (click to enlarge)
Click to Enlarge Name: Admiral Markets MT4.png Size: 91 KB
  • #582
  • Jan 13, 2021 6:22am Jan 13, 2021 6:22am
Quoting kette
dollar rises euro falls correlation in its simplest form I had to take this trade {image}
Hi Kette,
May i ask why you shorted there? Solely because of the weakening euro?

Didnt you look at the rejections (pinbars circled in yellow) or am i missing something?

Also, would me projection be a good 'idea'? First a retrace up to a area of more volume (blueish marked zone)
where we would look for an entry down?

Or would the boat leave without me doing it this way?

Thanks!
Attached Image (click to enlarge)
Click to Enlarge Name: 60beea2db5ff66ab46f1fd1e6fbe2e84.png Size: 386 KB
  • #583
  • Jan 13, 2021 6:41am Jan 13, 2021 6:41am
UJ coming back from Supply lets see if it can at least reach POC

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM5.png Size: 63 KB

NZDCHF heading towards 2nd support if it breaks this should reach 63500

Attached Image (click to enlarge)
Click to Enlarge Name: NZDCHFM5.png Size: 69 KB
  • #584
  • Jan 13, 2021 6:57am Jan 13, 2021 6:57am
Quoting Wags
UJ coming back from Supply lets see if it can at least reach POC {image} NZDCHF heading towards 2nd support if it breaks this should reach 63500 {image}
on last chart, what makes you not exit that when in such big profit? from 0,637 to almost 0,639
  • #585
  • Jan 13, 2021 7:04am Jan 13, 2021 7:04am
Quoting ulle73
{quote} on last chart, what makes you not exit that when in such big profit? from 0,637 to almost 0,639

Looks week support, i checked quite far back, but could always be something further lol

Attached Image (click to enlarge)
Click to Enlarge Name: NZDCHFM5.png Size: 84 KB
  • #586
  • Jan 13, 2021 7:19am Jan 13, 2021 7:19am
AC

gap exploited and correlation
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Click to Enlarge Name: AUDCADM15.png Size: 85 KB
  • #587
  • Jan 13, 2021 7:36am Jan 13, 2021 7:36am
Quoting kette
AC gap exploited and correlation {image}
Attached Image
  • #588
  • Jan 13, 2021 7:46am Jan 13, 2021 7:46am
Quoting Wags
{quote} {image}
  • #589
  • Jan 13, 2021 8:02am Jan 13, 2021 8:02am
I had made a deal like this before
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURAUDM15.png Size: 99 KB
  • #590
  • Jan 13, 2021 8:32am Jan 13, 2021 8:32am
Quoting HLine
{quote} Hi Kette, May i ask why you shorted there? Solely because of the weakening euro? Didnt you look at the rejections (pinbars circled in yellow) or am i missing something? Also, would me projection be a good 'idea'? First a retrace up to a area of more volume (blueish marked zone) where we would look for an entry down? Or would the boat leave without me doing it this way? Thanks! {image}

blue lines, are closed trade
everything else is volume and correlation, at this point there were big players on the market (don't show that, others get upset about it here, don't want to act blind)
I can't tell you more, for me that's the reality I see every day
like now
Attached Image (click to enlarge)
Click to Enlarge Name: Admiral Markets MT4 ee.png Size: 100 KB
  • #591
  • Jan 13, 2021 8:39am Jan 13, 2021 8:39am
Quoting Wags
{quote} Looks week support, i checked quite far back, but could always be something further lol {image}
I sell when the volume falls because I see it
Attached Image (click to enlarge)
Click to Enlarge Name: NZDCHFM15.png Size: 77 KB
  • #592
  • Jan 13, 2021 8:39am Jan 13, 2021 8:39am
Quoting kette
{quote} blue lines, are closed trade everything else is volume and correlation, at this point there were big players on the market (don't show that, others get upset about it here, don't want to act blind) I can't tell you more, for me that's the reality I see every day like now {image}

You can describe whatever you want here
  • #593
  • Jan 13, 2021 8:42am Jan 13, 2021 8:42am
Quoting kette
{quote} I sell when the volume falls because I see it {image}

Your talking about the volume profile yeh?
  • #594
  • Jan 13, 2021 8:44am Jan 13, 2021 8:44am
Quoting Wags
{quote} Your talking about the volume profile yeh?

yes



if no matter what is sold, no one is interested in a candle formation
  • #595
  • Jan 13, 2021 8:45am Jan 13, 2021 8:45am
Quoting kette
{quote} yes

Now i see what you doing lol, the complete opposite of me lol, but your moves are quicker
  • #596
  • Jan 13, 2021 8:47am Jan 13, 2021 8:47am
Quoting Wags
{quote} Now i see what you doing lol, the complete opposite of me lol, but your moves are quicker

no matter, your deal was perfect nzdchf
  • #597
  • Jan 13, 2021 8:48am Jan 13, 2021 8:48am
volume
Attached Image (click to enlarge)
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  • #598
  • Jan 13, 2021 8:48am Jan 13, 2021 8:48am
Closed NZDCHF for 32 pips single trade as my acc is small but growing

Attached Image (click to enlarge)
Click to Enlarge Name: NZDCHFM5.png Size: 66 KB


I will tell you all what im trying to do is grow a £50 acc into a large acc as most say it cannot be done

I will now open up monies on trader for all to see and we can follow
  • #599
  • Jan 13, 2021 8:50am Jan 13, 2021 8:50am
Quoting Wags
Closed NZDCHF for 32 pips single trade as my acc is small but growing {image} I will tell you all what im trying to do is grow a £50 acc into a large acc as most say it cannot be done I will now open up monies on trader for all to see and we can follow

I wouldn't, just keep going, you don't need to prove anything
  • #600
  • Jan 13, 2021 8:53am Jan 13, 2021 8:53am
Quoting kette
{quote} I wouldn't, just keep going, you don't need to prove anything

I know but it doesnt bother me tbh, i have been using 0.01 lots and will up to 0.02 when/if i hit £100
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