I will work on getting templates up this morning. I have been have some problems with attachments and I am not sure why but I will get them up when I can.
My trade got stopped at 40 pips profit with movement before the news came out. I am looking now to enter again if we get a clear bounce off the 38.2. Keep in mind I will have a very tight stop just above that 38.2 fib. If we go through I will probably wait until tonight to place another trade. 40 pips in the bank is not bad but I think we could have banked 80+ if we had taken all that was available.
PT
Not sure why you can't see my chart. I am able to see it. Is there any other charts you can't see? BTW.. I am not supporting the Gbp/Jpy in this thread. I am only charting the Gbp/Usd.
PT
Ignored
I can see all ur charts ..only post 235 i see nothing..
If you are thinking about playing a bounce, make sure you wait until you have a clear bounce. Let a few candles open the other direction because the dollar is very weak and this thing could run up a long way. Patience is the thing here.
I can see all ur charts ..only post 235 i see nothing..
okay thx for info ! i will focus on g/u then too!
Ignored
I am not sure what the problem with that post could be. I have edited it and re loaded the chart and I can see it but I am not sure why you can't. Also, I will go back to supporting the Geppy sometime in the future. This method is working so well right now with the Cable I have not wanted to look at anything else.
PT
This is what I am talking about here. Perfect place for a bounce but make sure price gets back inside the 38.2 and again be patient. It could very easily go other direction. Any move here should have a tight stop loss.
I took the bounce once we got back inside the 38.2 with a second candle. I am currently up 11 pips but I have already locked in 1 pip profit in case in turns. I think this could continue down but I am trading smart.
The 23.6 is now acting as support. If we can break through we should run down to the low of the day. But it is tough going right now. I am currently up 16 pips but it is changing every minute. This is about as live as I can get with helping here. (refer to chart in previous post)
We have now broken through the 23.6 and it could be off to the races. I am currently up 32 pips and it is still moving. I am going to try to lock 20 in and let in run but I will watch it for a while. The 23.6 is now resistance so we should be in very good shape. If you have followed my posts this morning you will see this has went down as we have thought but no trades were made until we had actual verification by price.
Just hit my target of 50 pips and closed my bounce position. I could possibly have taken a few more but we all know about greed. I may jump back in if we get below the low of the day. Other wise 90 pips on the day is good work.
I hope you followed me through the trades today because it was textbook PowerTrading and you could have picked up some great pips.
I just closed this one at 25 pips. I am tired and it will probably have some retracement. Great day! I worked hard for them but the last 25 was a gift. Total pips today 115. If you go back and read through this thread this morning you will see I posted as quickly as I could and let you know what I was doing. These were real trades with real money. I am done for this day.
I know I said I was finished for the day but I could not resist taking what could be a nice reversal. I have already locked 5 pips of profit so I will let this one run. Lol....what a day! Update:
Closed it out when it backed up to my SL at 5pip profit.
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Joined Sep 2007
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Status: Cyrox Active Trader
|75 Posts
Short @ 230.01, closed @ 229,71 on 15m TF
I'm working with river systerm since 1 month and i had a lot of positive trades, but i'm looking this Zone...it's really useful.
PowerTrader can you say if you draw more than one Zone a day?If so, why?
I'm working with river systerm since 1 month and i had a lot of positive trades, but i'm looking this Zone...it's really useful.
PowerTrader can you say if you draw more than one Zone a day?If so, why?
Ignored
I will only draw a new zone when the other is broken, otherwise I will extend it. I do start a new zone, usually after 18:00 GMT or whenever things slow down and price starts to consolidate. Here is an example. I have already started the new one.
I am not sure what the problem with that post could be. I have edited it and re loaded the chart and I can see it but I am not sure why you can't. Also, I will go back to supporting the Geppy sometime in the future. This method is working so well right now with the Cable I have not wanted to look at anything else.
PT
Ignored
Yeah i can see it now...everything okay !
Also i wanna ask if it is okay when i throw in some geppy charts from time to time or if u want to hold this thread as clean as possible..if u want it clean i will delete my other attachments from before..
