Closed my trade manually as it failed to break 161.90 price. H1 has a dark cloud cover candlestick on thus i decided to close it.-12pips
how abt putting a sell stop @ 109.28? jus a suggetion...
sonic
- #1,343
- Aug 28, 2008 2:19am Aug 28, 2008 2:19am
Closed my trade manually as it failed to break 161.90 price. H1 has a dark cloud cover candlestick on thus i decided to close it.
^^
May the pips be with me !!!
- #1,344
- Aug 28, 2008 2:36am Aug 28, 2008 2:36am
- | Commercial User | Joined Mar 2008 | 9,071 Posts
Closed my lost trade earlier and re-enter a short at 161.70 due to dark cloud cover formed. TP @ pivot point for today. Target hit at 2.15pm at 160.96 with 74pips.
^^
well done...
me just wake up...
sonic
- #1,346
- Aug 28, 2008 5:05am Aug 28, 2008 5:05am
Hi Guys,
I've long USDJPY at 108.94 (4.08pm GMT+8) due to tweezer bottom formed on H1 TF with very strong support at S1. SL @ 108.70 & TP @ 109.32
Shifted my SL to 108.95 with current 20 pips in the money.
May the pips be with me !!!
- #1,357
- Edited Aug 30, 2008 7:06am Aug 29, 2008 1:23pm | Edited Aug 30, 2008 7:06am
- | Commercial User | Joined Mar 2008 | 9,071 Posts
My analysis on EJ (30 Aug 08)
Did you trade according to the buy/sell order from my analysis...
BUY@ 163.18
SELL@ 160.50
Your Sell order will get filled and you will be up +200 pips by now.
Ok, here come the analysis for this coming week
1. Possible trend reversal hammer doji is cleared by followed up bearish engulfing candle. we should look out for short entries only. Do not going aginst the traffic, unless u can drive like Angelina Jolie character from the movie "wanted"
2. We are resting on the muliple resistance,support line(see yellow line) . We are entering congestive zone. Possible classic pull back may take place, as long as the pull back is not more than 50% of this week candle. I belive it is ok.
3.I will add my short if the price go below 158.50
Plan your trade, trade your plan.
Sonic
Did you trade according to the buy/sell order from my analysis...
BUY@ 163.18
SELL@ 160.50
Your Sell order will get filled and you will be up +200 pips by now.
Ok, here come the analysis for this coming week
1. Possible trend reversal hammer doji is cleared by followed up bearish engulfing candle. we should look out for short entries only. Do not going aginst the traffic, unless u can drive like Angelina Jolie character from the movie "wanted"
2. We are resting on the muliple resistance,support line(see yellow line) . We are entering congestive zone. Possible classic pull back may take place, as long as the pull back is not more than 50% of this week candle. I belive it is ok.
3.I will add my short if the price go below 158.50
Plan your trade, trade your plan.
Sonic
My analysis on EJ (23 Aug 08)
HERE
- #1,358
- Edited Aug 30, 2008 8:11am Aug 29, 2008 4:53pm | Edited Aug 30, 2008 8:11am
- | Commercial User | Joined Mar 2008 | 9,071 Posts
Guys,
Now 6:00 AM in a morning here in Singapore..and I have been thinking...
Last Week, Mkts was ranging pretty tight,especailly USD/JPY creating IB after IB(Inside Bear)... you will be subjected to get pretty whipsawed if you followed blindly to the signal...As for me,I did earned decent amt last week thou..But It can be difficult for those, who trade solely based on the signal....
I know that this system works best in trending mkt HERE
and I'd like to make sure the system works well in the damn volatile/whipsaw mkt like we had last week too....
In fact, ADX and RSI were included in the system to filter thewhipsaw...the trade off is that if you put too tight on the filtering, that can generates very few signal that make u miss nice moves or worst the late signal that eventually makes u hit ur SL....
If the filters is too loose, you will have tons of weak signals....
Anyway, I have added/modded the v2.2 code,allowing you to change the parameters setting to your preferences....All the current values that we are using are set as default in the settings...
Let me know if u can tune it to the better signal too...
http://i34.tinypic.com/t0pxdu.png
Together We Win...(Like Oz used to say...)
Sonic
Now 6:00 AM in a morning here in Singapore..and I have been thinking...
Last Week, Mkts was ranging pretty tight,especailly USD/JPY creating IB after IB(Inside Bear)... you will be subjected to get pretty whipsawed if you followed blindly to the signal...As for me,I did earned decent amt last week thou..But It can be difficult for those, who trade solely based on the signal....
I know that this system works best in trending mkt HERE
and I'd like to make sure the system works well in the damn volatile/whipsaw mkt like we had last week too....In fact, ADX and RSI were included in the system to filter thewhipsaw...the trade off is that if you put too tight on the filtering, that can generates very few signal that make u miss nice moves or worst the late signal that eventually makes u hit ur SL....
If the filters is too loose, you will have tons of weak signals....
Anyway, I have added/modded the v2.2 code,allowing you to change the parameters setting to your preferences....All the current values that we are using are set as default in the settings...
Let me know if u can tune it to the better signal too...
http://i34.tinypic.com/t0pxdu.png
Together We Win...(Like Oz used to say...)
Sonic
- #1,360
- Aug 30, 2008 6:24am Aug 30, 2008 6:24am
- | Commercial User | Joined Mar 2008 | 9,071 Posts
Sonic did you change your avatar again? I was starting to think there be to sonicsNice job on your trading been keeping up as often as I can.
I am pretty much settled the avater...as for now
See u around..buddy
sonic