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Attachments: N2FX - 1/5/15 Minute Pattern Trades
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N2FX - 1/5/15 Minute Pattern Trades

  • #301
  • Edited 5:36pm Jan 7, 2010 10:27am | Edited 5:36pm
NY Session

GU B/E (0)
EU +5
U/Cad +10
EU +5
UJ +7

NY/Sydney Session
EU +6

Total +33 pips

5 wins - 0 losses - 1 break even
  • #302
  • Jan 7, 2010 10:42am Jan 7, 2010 10:42am
Sorry about the BE trade, you did better than me on it though.
  • #303
  • Jan 7, 2010 10:42am Jan 7, 2010 10:42am
I could not resist the small scalp here.

I only had +5 pips as target, that is after spread.

It went against me 2 pips max from entry.

Okay, I have some meetings to attend, will be back in Asia, but the National Championship is tonight, so will be watching that and peeking at making some extra CASHO.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU short 15 min.jpg Size: 51 KB
Click to Enlarge Name: EU Exit.jpg Size: 46 KB
  • #304
  • Jan 7, 2010 10:44am Jan 7, 2010 10:44am
Quoting Skracor247
Sorry about the BE trade, you did better than me on it though.
Actually I should have stayed in and could have gotten 20/25 pips on that one, it was a great setup to me.

Did your stop hit then?

We need to chat soon so we can work on some things to help on longer term trades, I think we can master some good moves working as a team.

I am out for a few hours, be around off and on in Sydney and Asia.
  • #305
  • Jan 7, 2010 10:51am Jan 7, 2010 10:51am
Quoting N2FX
Actually I should have stayed in and could have gotten 20/25 pips on that one, it was a great setup to me.

Did your stop hit then?

We need to chat soon so we can work on some things to help on longer term trades, I think we can master some good moves working as a team.

I am out for a few hours, be around off and on in Sydney and Asia.
Yes it popped through my stop at 1.5908 not a huge deal thats what it is there for.

Working things out sounds like an excellent idea!

Will strive to be around then. Wife and child haven't been feeling well, but I will do my best. Have pleasant rest of the day.
  • #306
  • Jan 7, 2010 10:56am Jan 7, 2010 10:56am
nice to see u go so far... its good to always see green pips..
Good Job
  • #307
  • Jan 7, 2010 4:42pm Jan 7, 2010 4:42pm
Just got home 30 minutes ago, seen the UJ and EJ had made a nice 15 minute candle Bullish move.

I switched to the 1 minute chart, and took short but the platform lost connection on my first try, then I finally got in at the arrow on the 1 minute chart here.

I cleared my +7 pips on the move, and now can see there was more after my exit.

That is great, I like to see that my targets are not so tight.

More trades, More CASHO, and I do not even have to contemplate my trades, I see them, I take them, no question.

The stop on this trade would be a break of high, simple concept.

Waiting for Sydney and Asia now.

Daily Total updated post #301
Attached Image(s) (click to enlarge)
Click to Enlarge Name: UJ 1 Min short.jpg Size: 47 KB
Click to Enlarge Name: UJ exit.jpg Size: 38 KB
  • #308
  • Jan 7, 2010 5:02pm Jan 7, 2010 5:02pm
New Hour bar, I took long with a stop below the 1.4298 support line.

This is not a normal setup, and I am trading on the expectation of a bounce quickly.

Will be a +7 win or lose here.

15 minute chart.
Attached Image (click to enlarge)
Click to Enlarge Name: EU Long.jpg Size: 49 KB
  • #309
  • Jan 7, 2010 5:07pm Jan 7, 2010 5:07pm
Both of these pairs are similar in the move up and retracement move now in progress.

I have a eye on long, but will be on the UJ, not the EJ.

Note: I also see a possible Long on U/Cad, but will not take it, reserving my trades for more probable winners.
  • #310
  • Jan 7, 2010 5:33pm Jan 7, 2010 5:33pm
Okay, that was as slow as they get LOL.

I closed one pip short of target, it could fly high if it wants or drop to the low.

+6 pips in a slow market, not the greatest trade, but workable.

Here is the exit chart.

Daily Total updated post #301
Attached Image (click to enlarge)
Click to Enlarge Name: EU Exit.jpg Size: 50 KB
  • #311
  • Jan 7, 2010 5:39pm Jan 7, 2010 5:39pm
Hey jody great trades... off to bed look forward to loging on in the morning to see how the pip count is going.. How long did it take you to acquire this knowledge..?

Good night..

Rebel..
  • #312
  • Jan 7, 2010 5:39pm Jan 7, 2010 5:39pm
Still watching for something to say Long.

I may take them both if they occur at the same time.

EU finally hit my target, just wished I had that extra pip.
  • #313
  • Jan 7, 2010 6:15pm Jan 7, 2010 6:15pm
I have the 3rd 15 min candle on EJ trying to head back up.

I will enter long on a break of those 3 candle tops.

UJ is looking the same.

Asia has been open for 15 minutes, so will see if these pairs head back up to test that recent high area.

GU has made a nice move, but I was focused on the yen pairs.
  • #314
  • Edited 6:19pm Jan 7, 2010 6:18pm | Edited 6:19pm
Nice job on the Euro trade bro! I was in it to go up a while back. Got out break even. Its gotten into such a range that I decided to stay out until it gave me something a little more clear to work off of.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_m15_01_07_10.gif Size: 15 KB
  • #315
  • Jan 7, 2010 6:20pm Jan 7, 2010 6:20pm
Quoting rebelheart
Hey jody great trades... off to bed look forward to loging on in the morning to see how the pip count is going.. How long did it take you to acquire this knowledge..?

Good night..

Rebel..
Bed time again, good time to do it actually.

I would like to be in an area where the London is my session, have not trade it for a long time.

I have worked on forex for a few years, trying every indicator in the book, and I still play with them, but won't trade with them.

I have watched the 5 min price action for over 3 years, but the serious price action trading the past 1 1/2 years.

The best thing I ever experienced was trading the 1 tick, and even smaller time frames then that, it really gave me the formation concept, and how price moves in surges, then does a stall/purge stage, then either continues, or reverses.

All the same in each time frame.

Rest well, see you when your awake.

And I do trade the NFP, that is always fun.
  • #316
  • Jan 7, 2010 6:24pm Jan 7, 2010 6:24pm
Quoting Skracor247
Nice job on the Euro trade bro! I was in it to go up a while back. Got out break even. Its gotten into such a range that I decided to stay out until it gave me something a little more clear to work off of.
Yea, EU is a real hard pick right now, GU is another one I am leaving alone.

I am only looking for pairs that will shoot up 50 pips fast, then show me something that could be traded.

Were going to have to wait till these pairs break out, which may be the NFP in the morning.

I am taking small targets today, more of the 5 pips, being careful.

I seen your trade on your thread, these are great setups, just not moving normal right now, so the timing is off a bit to me.

I took longs on EJ and UJ here, let me check their targets. BRB
  • #317
  • Jan 7, 2010 6:25pm Jan 7, 2010 6:25pm
Quoting N2FX
Bed time again, good time to do it actually.
What no BCS Championship Game???!!!
  • #318
  • Jan 7, 2010 6:30pm Jan 7, 2010 6:30pm
Sorry I did not have the charts showing entry points on my EJ and UJ longs.

I put a order in, they triggered and exited very quickly.

But you can see on a 15 minute chart the following.

EJ entry line was a break over 133.79
I put +10 pips for target since it moves further then the majors.

EU entry line was a break over 93.48
I got +7 pips for target on this as standard goal.

I was patiently waiting for these two pairs, and noted some time back to look for longs.

A move up, a pullback, find the area that price decides to continue to that recent high/low test.

This is one of many concepts I use, and most of them I have learned from numerous traders online and personally.

Let's see what trades are next.
  • #319
  • Jan 7, 2010 6:32pm Jan 7, 2010 6:32pm
Quoting Skracor247
What no BCS Championship Game???!!!
Not me, Rebel is going to bed.

I am waiting for it myself, glad I had these trades before it started.

But I will take trades if the price jumps up and slaps me CASHO silly.

Note: EU is reverting to the support again, it could be nearing a lower move soon.
  • #320
  • Jan 7, 2010 6:42pm Jan 7, 2010 6:42pm
Here is a chart to examine.

I will be back in 30 minutes or so, got to pick up my son.

Please give your thoughts on this UJ chart, it is real simple trading, and would like to see how you thing about it.
Attached Image (click to enlarge)
Click to Enlarge Name: UJ 15 min view.jpg Size: 59 KB
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