TAF Based Trade Discussions | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EA based on indicator which changes based on numbers of bars 0 replies

Trading Price Based Charts Instead of Time Based Charts 1 reply

TAF: Productive Discussions 0 replies

Price-based Vs. Pip-based 5 replies

Attachments: TAF Based Trade Discussions
Exit Attachments

TAF Based Trade Discussions

  • #41
  • Edited 11:06pm Nov 8, 2009 6:31pm | Edited 11:06pm
Our 5 min. 7th bar down just took us to 4857 and I took note of that bounce from that area.

looking @ the daily my eyes are extra wide around 4907-12
daily
4954-87
4813
4673
  • #42
  • Edited 8:47am Nov 10, 2009 8:21am | Edited 8:47am
A nice little range play this morning, fwiw

edit, tradebox screenshot
Attached Image(s) (click to enlarge)
Click to Enlarge Name: !.jpg Size: 101 KB
Click to Enlarge Name: trade.jpg Size: 63 KB
  • #43
  • Edited 2:44pm Nov 12, 2009 10:13am | Edited 2:44pm
looking at the last 5 days of the e/u daily chart 1.4867-44 is my trend guide for the day, Ive taken most off the table and eyes are open watching what she does as my bias is up if Im staying with the upward trend.

yipes 1st rescue @ 4824
  • #44
  • Edited 3:20pm Nov 12, 2009 2:55pm | Edited 3:20pm
e/u 1.4829 area, weekly trend guide have to say the trends been up, see what friday brings as we sit around last fridays close 4845, eyes open.

got twisted up at 4855, 1st rescue from 4824.
  • #45
  • Edited 1:21am Nov 13, 2009 1:01am | Edited 1:21am
doesnt seem to be in a hurry to head north, eyes will be open to see how e/u 4890-4900 responds.
5015
4890-4900
4788
  • #46
  • Nov 13, 2009 6:03am Nov 13, 2009 6:03am
Both the Euro and Dollar have been weak today while Pound and Yen are strong.

Unless either E or $ breaks that daily bias, they will move slowly, might be best to trade one of the other 3k for some movement, just a thought
  • #47
  • Nov 13, 2009 10:28am Nov 13, 2009 10:28am
OK, here is my contribution to the thread this week. This is the E/J trade from this morning (with TA removed). Agreed with auxesis that the yen was showing strength today. Entry may be considered a bit late but what the heck. The stop and limit lines represent my plan for the trade (the mental stop moved down as the trade progressed).

Take care everyone and have a nice weekend.

Attached Image (click to enlarge)
Click to Enlarge Name: Ej.gif Size: 43 KB
  • #48
  • Edited 2:07pm Nov 14, 2009 1:21pm | Edited 2:07pm
Quoting GEfx
OK, here is my contribution to the thread this week. This is the E/J trade from this morning (with TA removed). Agreed with auxesis that the yen was showing strength today. Entry may be considered a bit late but what the heck. The stop and limit lines represent my plan for the trade (the mental stop moved down as the trade progressed).

Take care everyone and have a nice weekend.

Attachment
Not to take away from the good trade but im just curious why risk wasnt allowed to at least rotate back to higher point of 134.45 instead of 134.14 ?

areas of extra interest for the e/j this week
137.42
133.97
130.52
day
135.22
133.97
132.72
  • #49
  • Edited Nov 15, 2009 10:26am Nov 14, 2009 2:31pm | Edited Nov 15, 2009 10:26am
My bias for last week was up with the trend from e/u 4829 area.
The way shes hanging around Im beginning to wonder as my bias is down looking at the daily chart.

Bias this week is up from 4853-65 with an eye on how 4787 area responds if we head that way.

e/u weekly
5083
4853-65
4646

daily
bias is to the south from e/u 4929 area, to start the week my areas of interest below.
5043
4929
4815
  • #50
  • Nov 14, 2009 3:51pm Nov 14, 2009 3:51pm
Quoting lilpip
Not to take away from the good trade but im just curious why risk wasnt allowed to at least rotate back to higher point of 134.45 instead of 134.14 ?

areas of extra interest for the e/j this week
137.42
133.97
130.52
day
135.22
133.97
132.72
Hi lilpip, hope you are having a good weekend. If I understand your question correctly, you want to know why my risk/mental stop was not at 134.45 instead of 134.34? I think it requires too much TA discussion here, but I have a journal where I posted this trade with some additional information. In addition, my strategy was to trade the trend south and if it moves back much beyond 134.34 (where the move starts), then in my mind the trend is in doubt. I will gladly take a small loss rather than a larger one.
  • #51
  • Nov 22, 2009 6:32pm Nov 22, 2009 6:32pm
watching e/u 4885 and 4845 area, looking for direction.
  • #52
  • Nov 25, 2009 3:36pm Nov 25, 2009 3:36pm
eyes open e/u 5152 area.
  • #53
  • Dec 4, 2009 1:50pm Dec 4, 2009 1:50pm
Hi guys, though I would share my first trade of the day on Friday. It was on the CAD and was about 30 minutes before a FA on employement in Canada. This announcement was 90 minutes ahead of the US NFP. It is risky to trade ahead of a FA, especially on the CAD which can react very sharply to FA. But I thought the risk was small vs. the potential reward. It worked out well for me as employement in Canada showed a sharp increase vs expectations. Here is the chart, and I have removed most of the TA, and please keep in mind that the stop and limit lines are not entered in the trade but are my mental levels.

Attached Image (click to enlarge)
Click to Enlarge Name: CAD.gif Size: 16 KB
  • #54
  • Dec 4, 2009 2:41pm Dec 4, 2009 2:41pm
Quoting GEfx
Hi guys, though I would share my first trade of the day on Friday. It was on the CAD and was about 30 minutes before a FA on employement in Canada. This announcement was 90 minutes ahead of the US NFP. It is risky to trade ahead of a FA, especially on the CAD which can react very sharply to FA. But I thought the risk was small vs. the potential reward. It worked out well for me as employement in Canada showed a sharp increase vs expectations. Here is the chart, and I have removed most of the TA, and please keep in mind that the stop and limit lines...
Thanks for sharing...
  • #55
  • Edited 8:32pm Dec 4, 2009 8:09pm | Edited 8:32pm
Quoting GEfx
Hi guys, though I would share my first trade of the day on Friday. It was on the CAD and was about 30 minutes before a FA on employement in Canada. This announcement was 90 minutes ahead of the US NFP. It is risky to trade ahead of a FA, especially on the CAD which can react very sharply to FA. But I thought the risk was small vs. the potential reward. It worked out well for me as employement in Canada showed a sharp increase vs expectations. Here is the chart, and I have removed most of the TA, and please keep in mind...
Hi GEfx,

your charts were fantastic. Do you mind to show TA next time cos I'ld like to learn your technic cos most of the time I go the wrong way so I do rescue most of the time no attack - may be TA might help me to choose the right direction. I also consider to kill the scout(if it's very small).
I'm even thinking of open 2 accounts one is for attacking & another is only for resuce when fails the direction (by setting alert.)

Best regards,
  • #56
  • Dec 4, 2009 8:43pm Dec 4, 2009 8:43pm
Quoting pete.alfa
Hi GEfx,

your charts were fantastic. Do you mind to show TA next time cos I'ld like to learn your technic cos most of the time I go the wrong way so I do rescue most of the time no attack - may be TA might help me to choose the right direction. I also consider to kill the scout(if it's very small).
I'm even thinking of open 2 accounts one is for attacking & another is only for resuce when fails the direction (by setting alert.)

Best regards,
If you don't mind, I will post it on your journal so as not to take this thread off track. Otherwise, no problem. Keep in mind that fti taught/performs TA on his charts, but does not let it get in the way of his view of PA. I might post one from earlier in the week if you don't mind (I still have several charts with TA on them and will not have to re-create them). Have a good weekend and we can talk more later.
  • #57
  • Dec 4, 2009 11:11pm Dec 4, 2009 11:11pm
Quoting GEfx
If you don't mind, I will post it on your journal so as not to take this thread off track. Otherwise, no problem. Keep in mind that fti taught/performs TA on his charts, but does not let it get in the way of his view of PA. I might post one from earlier in the week if you don't mind (I still have several charts with TA on them and will not have to re-create them). Have a good weekend and we can talk more later.
Thanks GEfx I'm looking forward to your TA. I'm study your chart in this thread, I think I start to have a clue & I'm also revising trader trick entry by joe ross.

have a good weekend.
  • #58
  • Dec 9, 2009 9:27am Dec 9, 2009 9:27am
Euro trades this morning

waiting to see if this short will follow through. Markets are getting the feeling of thinness
Attached Image (click to enlarge)
Click to Enlarge Name: !.jpg Size: 102 KB
  • #59
  • Dec 9, 2009 9:33am Dec 9, 2009 9:33am
Quoting auxesis
Euro trades this morning

waiting to see if this short will follow through. Markets are getting the feeling of thinness
Yep, I took a short position on the Euro at .4732 and am wondering what to think of it now. Agree that it seems thin.
  • #60
  • Dec 9, 2009 9:38am Dec 9, 2009 9:38am
here's the line
Attached Image (click to enlarge)
Click to Enlarge Name: !.jpg Size: 96 KB
0 traders viewing now