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Cool Runnings intraday swing trading

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  • Post #1,121
  • Quote
  • May 12, 2009 3:12am May 12, 2009 3:12am
  •  sergioariza
  • | Joined Feb 2009 | Status: Member | 7 Posts
Hey Tatton, i'm glad to see you back.
 
 
  • Post #1,122
  • Quote
  • May 12, 2009 3:18am May 12, 2009 3:18am
  •  FX Dad
  • | Joined Feb 2009 | Status: Member | 684 Posts
I'm very happy to see you back Tatton! I agree with your assessment. GJ is breaking up out of consolidation. I do agree, the long term looks down.

Hope all is well with you Tatton and you are feeling better. Look forward to reading your posts.
 
 
  • Post #1,123
  • Quote
  • May 12, 2009 3:24am May 12, 2009 3:24am
  •  Tatton
  • | Joined Sep 2006 | Status: Member | 728 Posts
support formed, my upper tl broken, small buy at 147.70 .. stops at 14720, see what happes
 
 
  • Post #1,124
  • Quote
  • May 12, 2009 3:30am May 12, 2009 3:30am
  •  Tatton
  • | Joined Sep 2006 | Status: Member | 728 Posts
Quoting FX Dad
Disliked
I'm very happy to see you back Tatton! I agree with your assessment. GJ is breaking up out of consolidation. I do agree, the long term looks down.

Hope all is well with you Tatton and you are feeling better. Look forward to reading your posts.
Ignored
going to take a week r so before i get back into the swing of things, i have taken a long break and now need to brush up on my charting and get my head back into it.
 
 
  • Post #1,125
  • Quote
  • May 12, 2009 3:38am May 12, 2009 3:38am
  •  desperate
  • | Joined Feb 2009 | Status: Member | 418 Posts
good to see u back my friend, hope the next week will have u back and refreshed

take care tatton
 
 
  • Post #1,126
  • Quote
  • May 12, 2009 3:47am May 12, 2009 3:47am
  •  Tatton
  • | Joined Sep 2006 | Status: Member | 728 Posts
thanks guys, im getting back in the swing, hopefully i can perform like i did before with the help of the Lord ofcourse.
 
 
  • Post #1,127
  • Quote
  • May 12, 2009 3:55am May 12, 2009 3:55am
  •  Tatton
  • | Joined Sep 2006 | Status: Member | 728 Posts
anyone took this long you are up a couple pips, im not sure where we are going actually so close em or move stops up. i will have another entry tomorrow if something doesnt happen here within the next 1hr

personally ive already made 200+pips this week so im leaving my stop in and let it ride.
 
 
  • Post #1,128
  • Quote
  • May 12, 2009 4:47am May 12, 2009 4:47am
  •  Tatton
  • | Joined Sep 2006 | Status: Member | 728 Posts
i set this trade to be+5 up 100+ pips right now, good night.
 
 
  • Post #1,129
  • Quote
  • May 12, 2009 5:11am May 12, 2009 5:11am
  •  desperate
  • | Joined Feb 2009 | Status: Member | 418 Posts
hi tatton

i missed the trade internet problems,unbelieveable

1st time its played up in months

next time

john
 
 
  • Post #1,130
  • Quote
  • May 12, 2009 11:08am May 12, 2009 11:08am
  •  Tatton
  • | Joined Sep 2006 | Status: Member | 728 Posts
went to bed too early missed sell which i anticipated. I will not be taking a trade during NY.

be back during late asia through london.
 
 
  • Post #1,131
  • Quote
  • Edited 5:15am May 13, 2009 5:12am | Edited 5:15am
  •  FX Dad
  • | Joined Feb 2009 | Status: Member | 684 Posts
Hello everyone,

Just thought I'd make a post since it was a quiet day in Cool Runnings today. A consolidation formed, but wasn't a clear squeeze, which I'd rather see. (Like the one setting up on the EURUSD 1H right now. Which looks like it wants to break to the downside.) Here's a chart of what I saw. Price action was choppy and not real definate, as I saw it. The break of consolidation was short live. I layed off because I was thinking it would take a bounce off the pivot or the top of the range. I almost took a buy when it broke the range, but price action made me doubt the move would sustain itself, and it didn't. Would have been a nice scalp, but I was looking for an intraday trade, I don't scalp too often.

The candles closed and opened near the top of the range, and made a nice fall, but I will admit, I did not anticipate that large of a fall, so again, I laid off. Was a wierd day for me. Better not to trade, than to take a trade you're not confident about. I only like to make trades I'm confident in. Never trade just because you have a hunch. If you want to do that, you can come here to Nevada and visit me, and I'll take you to the casino. You can play your hunches there.

Anyhow, I hope everyone is making money, or in the least, holding steady.

Take care, and have a good one.

(EurUsd is making a break down. Is at the bottom of the range right now, watch for a break lower for a move. Check News calendar for today and make sure there won't be any conflicts.)
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  • Post #1,132
  • Quote
  • May 13, 2009 5:58am May 13, 2009 5:58am
  •  FX Dad
  • | Joined Feb 2009 | Status: Member | 684 Posts
Nice spike off the report released this hour. That's why I mentioned that you need to check the news calendar before you place any technical trades. Almost 200 pips so far.
 
 
  • Post #1,133
  • Quote
  • May 13, 2009 11:11am May 13, 2009 11:11am
  •  Tatton
  • | Joined Sep 2006 | Status: Member | 728 Posts
hi guys hope all is well, i fell ill yesterday couldnt come to trade, will et some pips before weeks end.
 
 
  • Post #1,134
  • Quote
  • May 13, 2009 11:16am May 13, 2009 11:16am
  •  LinksMan
  • | Joined Feb 2009 | Status: Member | 68 Posts
Hiya

Not long been on this tread but your reputation preceeds you! Very new to trading and FXDad has helped in his analyzation of his trades.

Been away for a couple of days need to make some pips before long to make up!

Looking forward to your insights.
 
 
  • Post #1,135
  • Quote
  • May 13, 2009 7:42pm May 13, 2009 7:42pm
  •  FX Dad
  • | Joined Feb 2009 | Status: Member | 684 Posts
Nothing setting up as I would like to see it on the GBPJPY. Signs still point to Dollar and Yen strength. Starting to range tightly, but only for th past 4 hours. EUR and Cable are have broken condsolidation. I took a small short on the Cable. Would be happy to clear with 30 pips. I'll keep my eye on the PA.
 
 
  • Post #1,136
  • Quote
  • May 13, 2009 8:06pm May 13, 2009 8:06pm
  •  FX Dad
  • | Joined Feb 2009 | Status: Member | 684 Posts
I took a short at 1.5128. The psych support level of 1.51 needs to break down, to carry any further. If it keeps waivering above the 1.51, which it's doing, I'll move my stop to B/E, from 1.5178.
 
 
  • Post #1,137
  • Quote
  • May 13, 2009 8:10pm May 13, 2009 8:10pm
  •  FX Dad
  • | Joined Feb 2009 | Status: Member | 684 Posts
I'm keeping my eye on the EURUSD because the Cable is mirroring it's PA right now. It moves on the Euro, before the Cable moves. Watching the 1H as I usually do.
 
 
  • Post #1,138
  • Quote
  • May 13, 2009 8:30pm May 13, 2009 8:30pm
  •  FX Dad
  • | Joined Feb 2009 | Status: Member | 684 Posts
For those of you who like the charts, I thought I'd post the consolidation and break, and you can see where I took the sell. Looks like it will probably close at B/E. Had the opportunity to take 20+ pips a couple times as it dipped to 1.51. Lesson: Not taking the pips when you can get them, while being greedy and holding out for more can be costly. Rather than making 20% on my trade, I just stopped out at B/E for ZERO.

I'll check back in later. Safe trading everyone!
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  • Post #1,139
  • Quote
  • May 14, 2009 2:01am May 14, 2009 2:01am
  •  Tatton
  • | Joined Sep 2006 | Status: Member | 728 Posts
i cant really stay up tonight not feeling well. see you guys later
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  • Post #1,140
  • Quote
  • May 14, 2009 2:45am May 14, 2009 2:45am
  •  desperate
  • | Joined Feb 2009 | Status: Member | 418 Posts
thanks tatton for the charts

hope u get well
 
 
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