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  • #6,641
  • Jan 5, 2022 5:55am Jan 5, 2022 5:55am
Quoting Mr.Burger
{quote} take {image}
Nice Counter Trend trade in an overstretched bullish market.

Had my eye on this pair this morning, but by the time I got to it, it was flagging along M top reversal pivot support and I couldn't figure out good RR parameters....so instead of taking 1.5:1 and banking some profits, I would rather just sit on my hands.....it would seem (twas the way I have been taught).
  • #6,642
  • Jan 5, 2022 6:02am Jan 5, 2022 6:02am
Quoting 19monza64
GJ 156.60 It's a crucial point. See MN 2018 and you will understand ...
  • #6,643
  • Jan 5, 2022 6:04am Jan 5, 2022 6:04am
Quoting MatDerKater
{quote} Nice Counter Trend trade in an overstretched bullish market. Had my eye on this pair this morning, but by the time I got to it, it was flagging along M top reversal pivot support and I couldn't figure out good RR parameters....so instead of taking 1.5:1 and banking some profits, I would rather just sit on my hands.....it would seem (twas the way I have been taught).
Thanks Mat,
Point ( b ) is important key in successful reversal trading, the price cannot exceed these points first swing on the opposite direction, therefore I am very confident that there will be an impulse wave afterwards

--- cheers

CJ, I am long now, --- re-entry the same level if sl hit
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYM30.png Size: 46 KB
Daddy, Brother, Lover, Little Boy
  • #6,644
  • Jan 5, 2022 6:22am Jan 5, 2022 6:22am
closed geppy short

bought aud/usd at 0.7252
  • #6,645
  • Jan 5, 2022 6:36am Jan 5, 2022 6:36am
Quoting Pat Chiko
GU Open LONG {image}
Your reason for long extension is :
- Opening price today ( Support)
- The price was close to BO in NY session yesterday
- HTF main direction is up.
Am I still missing something?
  • #6,646
  • Jan 5, 2022 6:56am Jan 5, 2022 6:56am
1822 is golds next target
  • #6,647
  • Jan 5, 2022 7:27am Jan 5, 2022 7:27am
Quoting Houtbay
1822 is golds next target
Took a plunge but hit 1822
  • #6,648
  • Jan 5, 2022 7:38am Jan 5, 2022 7:38am
Quoting Pat Chiko
{quote} GU Not a Contrarian, but going with the flow. Safer to follow HTF This is my other account ( Long Term Scalping Account). See chart below I'm with the current trend. The entry made just now is a BO/RT. {image}
For some reason the temptation on below liquidation is magnet also. Can be pull aside back before going to yellow zone. As price mover is seem exhaust for a while
"Buy Cheap and Sell Expensive , Its Market Anyways where People Get profit"
  • #6,649
  • Jan 5, 2022 7:38am Jan 5, 2022 7:38am
Added hedge positions , short on gold,
Trade safe,
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 103 KB
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #6,650
  • Jan 5, 2022 8:43am Jan 5, 2022 8:43am
Monitoring momentum for Gold.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 43 KB
Sometimes the only missing piece you look for is money management.
  • #6,651
  • Jan 5, 2022 9:31am Jan 5, 2022 9:31am
Recently Gold has fallen quite hard. Therefore, I expect a good rollback soon. But let's see for now.
  • #6,652
  • Jan 5, 2022 9:32am Jan 5, 2022 9:32am
Quoting genadi
closed geppy short bought aud/usd at 0.7252
as Wave would say: "trading is all about making the right choices"
  • #6,653
  • Jan 5, 2022 9:32am Jan 5, 2022 9:32am
Quoting m89
Monitoring momentum for Gold. {image}
i hope you took profits when you had a chance
  • #6,654
  • Jan 5, 2022 9:55am Jan 5, 2022 9:55am
Quoting 19monza64
GJ 156.60 It's a crucial point. See MN 2018 and you will understand ...
you were right, 156.60 held
  • #6,655
  • Jan 5, 2022 10:21am Jan 5, 2022 10:21am
Quoting AndAnd
Recently Gold has fallen quite hard. Therefore, I expect a good rollback soon. But let's see for now.
  • #6,656
  • Jan 5, 2022 10:23am Jan 5, 2022 10:23am
GU compression
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM5 compression.png Size: 80 KB
Did you place your stop loss order? Why not?!? Story of my life...
  • #6,657
  • Jan 5, 2022 10:23am Jan 5, 2022 10:23am
Quoting Qit
{quote} Hello. No. I didn't even notice these rectangles. I'm talking about thick levels in yellow.
have you figured how to use that indicator?
  • #6,658
  • Jan 5, 2022 10:28am Jan 5, 2022 10:28am
Eurcad I have shorted at 1.43900
  • #6,659
  • Jan 5, 2022 10:54am Jan 5, 2022 10:54am
Quoting genadi
{quote} i hope you took profits when you had a chance
Yes was able to close it
Sometimes the only missing piece you look for is money management.
  • #6,660
  • Jan 5, 2022 11:09am Jan 5, 2022 11:09am
Quoting Mr.Burger
{quote} Thanks Mat, Point ( b ) is important key in successful reversal trading, the price cannot exceed these points first swing on the opposite direction, therefore I am very confident that there will be an impulse wave afterwards --- cheers CJ, I am long now, --- re-entry the same level if sl hit {image}
take
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPYM30.png Size: 37 KB
Daddy, Brother, Lover, Little Boy
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