Great assessment Tradewell! Almost looks like my weekly chart. I think if we go below 1.2706 we might head down to the 1.2500 range. Even if we get up at 1.3339 it'll probably drop again, based on a 38.2 retracement. What do you think?
- #5,381
- Feb 8, 2009 9:11pm Feb 8, 2009 9:11pm
- Joined Oct 2008 | Status: Let the market come to you | 2,670 Posts
Hello Every body,
My first trade this eve. I read that Cobra Trades on Asian session with EU, so Im demoing that one.
Here is a nice short 20 PIP trade.
I took it, countertrend, but because I had a divergence, both trix were green, and I was supposed that after crosing monthly pivot, it should retest it.
I will also post my losers when I got them.
I always have
My first trade this eve. I read that Cobra Trades on Asian session with EU, so Im demoing that one.
Here is a nice short 20 PIP trade.
I took it, countertrend, but because I had a divergence, both trix were green, and I was supposed that after crosing monthly pivot, it should retest it.
I will also post my losers when I got them.
I always have - #5,387
- Feb 8, 2009 10:26pm Feb 8, 2009 10:26pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
Hello Every body,
My first trade this eve. I read that Cobra Trades on Asian session with E/Y, so Im demoing that one.
Here is a nice short 20 PIP trade.
I took it, countertrend, but because I had a divergence, both trix were green, and I was supposed that after crosing monthly pivot, it should retest it.
I will also post my losers when I got them.
Don't worry on the loser trades, everybody have them, that's part of the business.
Just have more winners than losers and keep the loser as small as possible, than we're doing fine.
Almost forgot: have a great trading week all.
- #5,388
- Feb 8, 2009 10:26pm Feb 8, 2009 10:26pm
Hello guys,
Id like to have an advice, I took this nice +30 PIP signal, but I am not sure if I am trading this wrong.
I saw the divergence on 5M chart and the Tris just turned red, so before getting all the entry signals, I went to 1M chart and got a right signal. PA under cloud and under coral, Borh Trix red, under 0 and already crossed. So I went short and waited for a exit signal on 5 minutes, or exit if it touch near PL, at last lower low.
Is that so agresive, or is a way to get additional PIPs with the different TF of the system?
BTW, second winner +50 PIPS today, thanks to THV Team, and congs to Cashemere new Team member.
Id like to have an advice, I took this nice +30 PIP signal, but I am not sure if I am trading this wrong.
I saw the divergence on 5M chart and the Tris just turned red, so before getting all the entry signals, I went to 1M chart and got a right signal. PA under cloud and under coral, Borh Trix red, under 0 and already crossed. So I went short and waited for a exit signal on 5 minutes, or exit if it touch near PL, at last lower low.
Is that so agresive, or is a way to get additional PIPs with the different TF of the system?
BTW, second winner +50 PIPS today, thanks to THV Team, and congs to Cashemere new Team member.
- #5,389
- Feb 8, 2009 10:44pm Feb 8, 2009 10:44pm
- Joined Oct 2008 | Status: Let the market come to you | 2,670 Posts
Hello guys,
Id like to have an advice, I took this nice +30 PIP signal, but I am not sure if I am trading this wrong.
I saw...
. Glad you got them.
- #5,399
- Feb 9, 2009 2:10am Feb 9, 2009 2:10am
- Joined May 2006 | Status: Still here. | 2,602 Posts
Dear Doblece
How been doing? Pray you are well and healthy always. So kind of you to give comment to other traders.
May you being bless always in health, wealth and love. MAy your life is full of abundance
Hi Aida, blessings to you and family too!
How's the trading going?
My best wishes for a loving and prosperous present and future!
