" Dont wait for your boat to come in ..... swim out and meet it"
- #4,907
- Aug 28, 2009 10:31am Aug 28, 2009 10:31am
Could someone please tell me where to find this indicator ?
The arrow in purple is the indicator I am referring to.
Since I'm trading with weekly S&Rs I am bored sometimes and then I'm making stuff like this.
Symbol Info http://www.fxorg.org/DownloadMtSymbolInfo.aspx
Volume Calculator: http://www.fxorg.org/DownloadMtVolumeCalculator.aspx
Pip Watch http://www.fxorg.org/DownloadMtPipWatch.aspx
Stefan.
10 x 100 = 100 x 10, stefx, retired scalper.
- #4,911
- Aug 28, 2009 3:13pm Aug 28, 2009 3:13pm
AUDCAD - Day #23
This one went along my plan till now. It has to go with my plan because my plan includes also the not wanted scenario. Better to say it went in my favor. Trailed the stop 50 pips below the 0.91 area. Closer look on monday morning will probably take a decision on my side.
EURGBP - Day #16
Trendline broken and 0.88 pierced but shows a lot of indecision on H4 at this area. Stop trailed to 0.8710 as I mentioned in earlier post. The recent bar on H4 is a bit scary bearish but I trade this one on daily, so what. Everything stays as I planned before the stop is at 0.8710 below trendline, 50% fib and lots of the dips from the past. So nothing to do, stop stays there until price hits 0.8710 or 0.8900.
GBPUSD - Day #13
Pinbar on H4 at good location with confluences is the only sign I get at the moment. I am not experimenting with adding to a position yet but plan to do it later and sometimes have some thoughts on this and in my opinion this could be a location to add.
Still break even but as I mentioned before I have a big plan on this so next maintenance at 1.60. If I get only break even, guess what, just traded the plan. If it happens on a regular basis to turn 350 floating pips into a break even I have to rethink the plan.
Having a plan for quite some time now is a huge progress for me because now I have options what to do next depending on what the market does next. These options are growing and better chosen as growing in the profession but are fundamental to consistency. Sometimes thinking back to when each click on the chart was a random one, not too long ago but a fading memory.
Nice weekend to all.
Stefan.
This one went along my plan till now. It has to go with my plan because my plan includes also the not wanted scenario. Better to say it went in my favor. Trailed the stop 50 pips below the 0.91 area. Closer look on monday morning will probably take a decision on my side.
EURGBP - Day #16
Trendline broken and 0.88 pierced but shows a lot of indecision on H4 at this area. Stop trailed to 0.8710 as I mentioned in earlier post. The recent bar on H4 is a bit scary bearish but I trade this one on daily, so what. Everything stays as I planned before the stop is at 0.8710 below trendline, 50% fib and lots of the dips from the past. So nothing to do, stop stays there until price hits 0.8710 or 0.8900.
GBPUSD - Day #13
Pinbar on H4 at good location with confluences is the only sign I get at the moment. I am not experimenting with adding to a position yet but plan to do it later and sometimes have some thoughts on this and in my opinion this could be a location to add.
Still break even but as I mentioned before I have a big plan on this so next maintenance at 1.60. If I get only break even, guess what, just traded the plan. If it happens on a regular basis to turn 350 floating pips into a break even I have to rethink the plan.
Having a plan for quite some time now is a huge progress for me because now I have options what to do next depending on what the market does next. These options are growing and better chosen as growing in the profession but are fundamental to consistency. Sometimes thinking back to when each click on the chart was a random one, not too long ago but a fading memory.
Nice weekend to all.
Stefan.
10 x 100 = 100 x 10, stefx, retired scalper.
- #4,917
- Aug 29, 2009 2:56am Aug 29, 2009 2:56am
Hi Stefan,
My thoughts on the G/U are a visible Head and Shoulders pattern on the daily
Here's my chart
VB,
Definitely a basis for developing sort of shampoo. Thanks for giving me some additional point of view because I completely overlooked this as another reason pointing in my favor if the neckline is broken.
Stefan.
10 x 100 = 100 x 10, stefx, retired scalper.
- #4,920
- Aug 29, 2009 8:35pm Aug 29, 2009 8:35pm
- | Commercial User | Joined May 2007 | 7,685 Posts
He really is and I wish him all the best because he surely deserves it.
I am sure with the way he trades, his broker hates him. Can you imagine thinking "Well, this guys is up 1400 pips at the moment, on a trade that he's been sitting on for 22 days. At least we got 3 pips out of him for the spread."
