No, but this one...
Great job, ghous!
RM
Welldone bro!I did'nt catch any of these (neither the Eur/Aud nor the AU) I've been busy lately
Congrats anyways Bro.
Regards,
Ghous.
I believe . . .
james16 Chart Thread
- #22,721
- Feb 27, 2009 11:19pm Feb 27, 2009 11:19pm
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
Welldone bro!I did'nt catch any of these (neither the Eur/Aud nor the AU) I've been busy lately
Congrats anyways Bro.
Regards,
Ghous.
- #22,722
- Edited 11:35pm Feb 27, 2009 11:23pm | Edited 11:35pm
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
For m5 fans, hope you are still here :-)
I have that next on my "list of experiments", currently already busy with 2 totally different strategies and my tough schedule won't allow it, but i definitely have some pips from this methods on the menu card. (maybe in the later months of this year)
A suggestion: Post more will you?
Regards,
Ghous.
I believe . . .
- #22,723
- Feb 27, 2009 11:32pm Feb 27, 2009 11:32pm
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
Ghous, could you please clarify this for me....
PS another great signal for this entry could have been the AUD index.
Regards,
Ghous.
I believe . . .
- #22,725
- Feb 28, 2009 6:58am Feb 28, 2009 6:58am
Ghous, what broker/MT4 provider do you use for AUD index? Cannot decipher it on the picture...
Thanks
RM
Good trading by the way RM !
- #22,726
- Feb 28, 2009 7:25am Feb 28, 2009 7:25am
They are LFX index's - available here http://www.liteforex.org/demoaccount.php .
Good trading by the way RM !
RM
- #22,728
- Feb 28, 2009 11:23am Feb 28, 2009 11:23am
They are LFX index's - available here http://www.liteforex.org/demoaccount.php .
Good trading by the way RM !
- #22,731
- Feb 28, 2009 12:16pm Feb 28, 2009 12:16pm
- | Joined Dec 2007 | Status: Trader | 2,797 Posts
Thank you very very very much FX Genius...
It works perfect.... thx alot~
- #22,732
- Feb 28, 2009 5:40pm Feb 28, 2009 5:40pm
My first post I've decided to put on the one of the most famous threads.
I should start it as I was attending first AA meeting...Look now:
My name is X, I've been using lagging indicators and have blown three accounts (cause it's true 
). That has taught me nothing cause I was going to do the same with a fourth account as I was boggled to believe that FX market would have made me rich in a matter of month or two. Then I've come across the thread (I shall call it The Thread). I decided to break my habits.
Now I'm trying to read and digest its contents (big job to do), my eyes are opening wide. I would like to say big thanks to james16, mike and other pro traders for sharing the knowledge with noobs like myself and a chance to change my mindset.
I hope to go trough the whole thread, I'm happy to be a part of this 5% winning team at some point in future.
I apologise for raking over in this post and hope you will find enough patience not to start throwing eggs, rotten tomatoes or shoes on me 
I should start it as I was attending first AA meeting...Look now:
My name is X, I've been using lagging indicators and have blown three accounts (cause it's true
Now I'm trying to read and digest its contents (big job to do), my eyes are opening wide. I would like to say big thanks to james16, mike and other pro traders for sharing the knowledge with noobs like myself and a chance to change my mindset.
I hope to go trough the whole thread, I'm happy to be a part of this 5% winning team at some point in future.
I apologise for raking over in this post and hope you will find enough patience not to start throwing eggs, rotten tomatoes or shoes on me
- #22,733
- Feb 28, 2009 5:48pm Feb 28, 2009 5:48pm
My first post I've decided to put on the one of the most famous threads.
I should start it as I was attending first AA meeting...Look now:
My name is X, I've been using lagging indicators and have blown three accounts (cause it's true Attachment ). That has taught me nothing cause I was going to do the same with a fourth account as I was boggled to believe that FX market would have made me rich in a matter of month or two. Then I've come across the thread (I shall call it The Thread). I decided to break my habits.
Now I'm trying to...
Looking forward to seeing you in the thread
EDIT: you a rugby fan ? Irishman here, I had no fingernails left by the end of it lol
- #22,735
- Feb 28, 2009 6:10pm Feb 28, 2009 6:10pm
Welcome bro, good to have you here.
Looking forward to seeing you in the thread
EDIT: you a rugby fan ? Irishman here, I had no fingernails left by the end of it lol
Don't be worried
(at the moment leaving and working in Greater London)
I've been learning bits and bobs about my new home so now know that in rugby a player can touch the ball with hands and even run with it for some time
Greetings Bro
- #22,736
- Edited 6:57pm Feb 28, 2009 6:35pm | Edited 6:57pm
...here is my first analysis.
Weekly USD/CAD
Going long on the break (or retracement) of the BUOB (I'm not sure if it's clearly visible).
First S/R line has just been "kissed" by price action, PPZ at 1.3400 would be to take some profits. I know the location pretty much sucks here (not on the swing low) but insead one can have significant PPZ at current levels.
I would be grateful for your thoughts and of course the experts opinion 
As far as I can note, most of the currency pairs are in their "uncharted" territory therefore making analysis quite difficult as you have to grab some ancient data (going back to 80' 70'). Looks like the current crisis will be remebered as historical
Weekly USD/CAD
Going long on the break (or retracement) of the BUOB (I'm not sure if it's clearly visible).
First S/R line has just been "kissed" by price action, PPZ at 1.3400 would be to take some profits. I know the location pretty much sucks here (not on the swing low) but insead one can have significant PPZ at current levels.
I would be grateful for your thoughts and of course the experts opinion
As far as I can note, most of the currency pairs are in their "uncharted" territory therefore making analysis quite difficult as you have to grab some ancient data (going back to 80' 70'). Looks like the current crisis will be remebered as historical
- #22,740
- Mar 1, 2009 1:21am Mar 1, 2009 1:21am
- Joined Jan 2008 | Status: <<--(-$-)-->> | 5,571 Posts
Attachment
Attachment
The weekly bullish outside bar actually does look like a very nice play, if it can get over 1.2750. Anyone else care to chime in? (still holding a small position from fridays breakout).
I just spotted that BUOB on the UCAD. Looks nice.
What would would make a BUOB near such a major Swing high (perhaps the most important of all resistance levels for the USD/CAD) along tons of highs and bar closes even close to being a B trade??
If you're coming from Jacko's school of thought and want to hide behind the longer term traders thinking that the big game now is obviously to move the market to 1.3, even then an entry so close to the level to me is ridiculous,
Jlr since you were in early at the breakout of that traingle you probably IMO do have that edge to hang on till we see the 1.3, but again if you're looking to add to your position at the break of the BUOB I would'nt be too excited abt the idea.
In a nutshell I can't bet my money on setups like these. Feel free to take it if you still think your approach offsets mine
Regards,
Ghous.
I believe . . .