Are you a trend trader or a counter-trend trader? 29 replies
Trading bounces off daily chart trend lines 13 replies
Trend trading with 55EMAs on the Daily Chart 10 replies
Is Grid Trading (combined trend following and counter trend) Profitable? 3 replies
DislikedYup, 9050, someone moved my buttons on the keyboard, or something, might have been the cat.Ignored
Disliked0.9000 looks like a good barrier, if it hits this a possible buy order at 0.9500 will be placed, all depends on the support around this area. Again, it's just an area to watch.Ignored
Dislikedin E/U 1.4850 and A/U 0.9150, SL almost hit (few pips away).
1) E/U broke daily trendline and the horizontal support @ 1.4820
2) dollar looks bullish (broke descending daily trendline and bounced)Ignored
DislikedGBU/USD, EUR/USD and USD/CHF, ouch, ouch and ouch, all I can say is, setups for me were correct for entry, it's that 20% where things can go wrong, and in my case I was thumped, however, not to be put off, money management is all important when times like this happen, and I will still be looking for the same set ups for future trades, maybe not so close to Non Farm the next time.
Still looking at the AUD/USD for a reaction at 0.9000, if there is one and price moves away from it, then 0.9050 will be on the cards for a buy trade.Ignored
DislikedThings like this happen. I had the same experience yesterday morning and I needed to do the AH strategy to get my loss back.
I would think that trading EU and UC is the same thing, you might as wel double up on EU instead.
Even trading EU and AU seems to be doubling up sometimes but they do not correlate to that extend. For me GU is fine though...
I am looking to short this markets from the 50% correction of this down swing to be honest. Could be a potential long case until they struggle themselve up to that level....Ignored
DislikedGBU/USD, EUR/USD and USD/CHF, ouch, ouch and ouch, all I can say is, setups for me were correct for entry, it's that 20% where things can go wrong, and in my case I was thumped, however, not to be put off, money management is all important when times like this happen, and I will still be looking for the same set ups for future trades, maybe not so close to Non Farm the next time.
Still looking at the AUD/USD for a reaction at 0.9000, if there is one and price moves away from it, then 0.9050 will be on the cards for a buy trade.Ignored
DislikedIt's good to see traders post their setups and trades before the fact, with possible losses.
All currencies discussed here are approaching important levels (which are all mentioned in the last few pages). Also have a look at USD/CAD, approaching the upper descending trendline (daily or H4)Ignored
DislikedDuly Noted.
Excluding a usable 50% fib line, two barriers noted on this pair at 1.0700 is a good hotspot to watch.Ignored
Dislikedmisery loves company and i too havent had a great week. however audusd long at 0.9050, cable long at 1.63 (sucker for punishment)Ignored
Disliked...for this trade I would wait for price to move 50 pips so an entry at 1.0600 would be a good place to enter.Ignored
DislikedSame here coolshades stopped out twice last two trades even my hard drive has been stopped out [reason for not much posting last couple weeks]still the loses are only a tiny amount of what our gains have been.Ignored