Trend Trading All Pairs | Page 178 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading correlation pairs by using the other pairs 843 replies

28 Pairs Trading Panel (Multi-pairs) 0 replies

Export All pairs or selected pairs to .csv with script 3 replies

Daily Bar Analysis - All Pairs/All Welcome 15 replies

Trend Trading All Currency Pairs 3 replies

Attachments: Trend Trading All Pairs
Exit Attachments

Trend Trading All Pairs

  • #3,541
  • Feb 10, 2010 11:16pm Feb 10, 2010 11:16pm
looks like it may continue the downtrend..

the best target should be the low (1044.80)..

http://img690.imageshack.us/img690/3222/goldk.gif
Trend + S&R + RR =
  • #3,542
  • Feb 10, 2010 11:18pm Feb 10, 2010 11:18pm
Here is another touch trade USD/SGD.

I am worried about the broken slanted trendline. That is about it.

Otherwise, the conditions:

38% fib
RN
s/r
solid uptrend.

Anyways, LONG entry at 1.4105, SL at 1.4085. offload 1/2 at 1.4125.

Anyways, i have attached the chart. Of course, when/if price actions moves all the way back to touch that slanted trendline, that will present another opportunity to short. Hopefully, at the 1.4150, and ride the collapse to the bottom.

http://www.forexfactory.com/attachme...1&d=1265865480
Attached Image (click to enlarge)
Click to Enlarge Name: usdsgd.gif Size: 42 KB
  • #3,543
  • Feb 10, 2010 11:53pm Feb 10, 2010 11:53pm
so many setup today

waiting a touch trade at major resistance..

http://img203.imageshack.us/img203/4172/65176588.gif
Trend + S&R + RR =
  • #3,544
  • Feb 11, 2010 12:05am Feb 11, 2010 12:05am
Here is very good indicator for Metatrader 4..

alert when the price come near the line..


HLine Alert : harizontal line
TLine Alert : trendline
Attached File(s)
File Type: mq4 HLine Alert.mq4   2 KB | 495 downloads
File Type: mq4 TLine Alert.mq4   2 KB | 478 downloads
Trend + S&R + RR =
  • #3,545
  • Feb 11, 2010 12:39am Feb 11, 2010 12:39am
are u still holding short position on EURUSD dan long USDCHF?

http://img46.imageshack.us/img46/6083/47417759.gif

http://img121.imageshack.us/img121/5416/uchfa.gif
Trend + S&R + RR =
  • #3,546
  • Feb 11, 2010 12:54am Feb 11, 2010 12:54am
Frankfurst open in 7 minutes. I dont like these opens whipping me around. That happened yesterday, triggering my AUD/USD short to loss. I am moving my SL to BE at 1.4105. Just in case.

Quoting EntropyLad
Here is another touch trade USD/SGD.

I am worried about the broken slanted trendline. That is about it.

Otherwise, the conditions:

38% fib
RN
s/r
solid uptrend.

Anyways, LONG entry at 1.4105, SL at 1.4085. offload 1/2 at 1.4125.

Anyways, i have attached the chart. Of course, when/if price actions moves all the way back to touch that slanted trendline, that will present another opportunity to short. Hopefully, at the 1.4150, and ride the collapse to the bottom.

http://www.forexfactory.com/attachme...1&d=1265865480...
  • #3,547
  • Feb 11, 2010 1:19am Feb 11, 2010 1:19am
EUR/NZD setup DAILY/H4.


daily setup chart
http://www.forexfactory.com/attachme...1&d=1265872696


h4 trigger chart
http://www.forexfactory.com/attachme...1&d=1265872696
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurnzd daily.gif Size: 34 KB
Click to Enlarge Name: eurnzd h4.gif Size: 41 KB
  • #3,548
  • Feb 11, 2010 1:36am Feb 11, 2010 1:36am
The closest thing to a LOB is the GBP/CAD short at 1.6525...this barely qualifies as LOB given the inter- day trend moves. But hey, if you want to take the risk, or want to risk smaller amount of pips, ADR price target will be 1.6455. I have tried marking entry point on the chart....use the second chart(the 15mins one to get a better view). Anyways, here is the chart:

1 HOUR CHART

http://www.forexfactory.com/attachme...1&d=1265873745

15MINS SETUP CHART.
http://www.forexfactory.com/attachme...1&d=1265873745
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpcad.gif Size: 39 KB
Click to Enlarge Name: gbpcad 15mins.gif Size: 35 KB
  • #3,549
  • Feb 11, 2010 2:13am Feb 11, 2010 2:13am
CLOSED out 1/2 of my position at RN = 1.6505. Leaving the SL where it is...final PT for 2ND 1/2 = 1.6455.


Quoting EntropyLad
The closest thing to a LOB is the GBP/CAD short at 1.6525...this barely qualifies as LOB given the inter- day trend moves. But hey, if you want to take the risk, or want to risk smaller amount of pips, ADR price target will be 1.6455. I have tried marking entry point on the chart....use the second chart(the 15mins one to get a better view). Anyways, here is the chart:

1 HOUR CHART

http://www.forexfactory.com/attachme...1&d=1265873745

15MINS SETUP CHART.
http://www.forexfactory.com/attachme...1&d=1265873745...
  • #3,550
  • Feb 11, 2010 2:20am Feb 11, 2010 2:20am
Quoting EntropyLad
EUR/NZD setup DAILY/H4.
good eyes

trendline is broken.. next support should be 1.9680 - 1.9569 zone. Can it hold?

..and the last support is 1.9300..

btw what is "LOB" sir?

http://img189.imageshack.us/img189/9324/54044864.gif
Trend + S&R + RR =
  • #3,551
  • Feb 11, 2010 2:21am Feb 11, 2010 2:21am
Quoting EntropyLad
CLOSED out 1/2 of my position at RN = 1.6505. Leaving the SL where it is...final PT for 2ND 1/2 = 1.6455.

This week has been a true test for me - going live and market yields very little conservative trades after last weeks PARTY... LOL

Did same on this one, waiting to see what happens over the rest of the day
  • #3,552
  • Feb 11, 2010 2:30am Feb 11, 2010 2:30am
Quoting EntropyLad
hahaha. CUSTOS, Just admiring the touch trade you took in GBP/AUD at short 1.8050 on feb 8, now at 1.7790. A trendline collapse trade it is too. Fine work, custos; fine work.

http://www.forexfactory.com/showpost...postcount=3337
haha, yeah, sitting on 400+ pips on that trade. But not with full position size, I already took profit twice with that trade, but you can't know in advance which trade will go for hundreds of pips.

Another trade I am looking at is nzd/usd. S/R level around 0.7000, trendline, 61.8% fib... (actually I am already in that trade now), let's see how it works out.
  • #3,553
  • Feb 11, 2010 2:55am Feb 11, 2010 2:55am
Quoting Custos
haha, yeah, sitting on 400+ pips on that trade. But not with full position size, I already took profit twice with that trade, but you can't know in advance which trade will go for hundreds of pips.

Another trade I am looking at is nzd/usd. S/R level around 0.7000, trendline, 61.8% fib... (actually I am already in that trade now), let's see how it works out.
Same here...i spread out my entry to 0.7005 and 0.7008. Obviously my +20pips will be at 0.6986. Wrote about it here:
http://www.forexfactory.com/showpost...postcount=3534
Hey, custos, when you feel like it, i posted a few touch trades earlier, AUD/JPY and USD/SGD, your analysis of my setup will be appreciated.

Quote
PAULETTE:

This week has been a true test for me - going live and market yields very little conservative trades after last weeks PARTY... LOL

Did same on this one, waiting to see what happens over the rest of the day
hey, we got the two LOB trades for the week. the GBP/CHF(which was un tradeable because of possible CHF intervention, though it worked out fine,) and this barely LOB gbp/cad lob...which is working out fine so far....i have moved my 2ND SL to BE + 1 on GBP/CAD now = 1.6524.

Just checked upon GBP/CHF....again, it had another breakout to the downside at LOB time...scary...i cant get out the image of massive spike at ANY MOMENT! from any chf pair/crosses.

Quote
YUNERO:
good eyes http://cdn.forexfactory.com/images/s...m/thumbsup.gif

trendline is broken.. next support should be 1.9680 - 1.9569 zone. Can it hold? http://cdn.forexfactory.com/images/smilies/yim/doh.gif

..and the last support is 1.9300..

btw what is "LOB" sir?
What is a LOB? Here is a primer:
http://www.forexfactory.com/showpost...postcount=2997
  • #3,554
  • Feb 11, 2010 3:01am Feb 11, 2010 3:01am
Quoting EntropyLad
Hey, there custos,

TOUCH TRADES in AUDJPY at 80.00 level. check the daily and h4 chart.

What do you think?

38% fib.
S/R level.
RN
SMA moving down on the H4, and the daily bullish slanted trendline is broken.

I say, short at 79.95 with 20 pips SL.

Risk: AUD fundamental may blow past it. My only worry is that the fundamental news that is pushing AUD up(unemployment) may render technical analysis meaningless.
I don't know, this one broke my down trendline significantly, actually I think now short-term wise it's more in an uptrend. I would now only take trades to the upside. What do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: audjpy h4 11.2.2010.gif Size: 62 KB
  • #3,555
  • Feb 11, 2010 3:04am Feb 11, 2010 3:04am
Quoting EntropyLad
Here is another touch trade USD/SGD.

I am worried about the broken slanted trendline. That is about it.

Otherwise, the conditions:

38% fib
RN
s/r
solid uptrend.

Anyways, LONG entry at 1.4105, SL at 1.4085. offload 1/2 at 1.4125.

Anyways, i have attached the chart. Of course, when/if price actions moves all the way back to touch that slanted trendline, that will present another opportunity to short. Hopefully, at the 1.4150, and ride the collapse to the bottom.
I would leave that one alone, price action came down too fast. Very likely that it will break with such big spikes to the downside...
  • #3,556
  • Feb 11, 2010 3:12am Feb 11, 2010 3:12am
Quoting Custos
I don't know, this one broke my down trendline significantly, actually I think now short-term wise it's more in an uptrend. I would now only take trades to the upside. What do you think?
You are right, custos, i shouldnt have taken that trade short AUD/JPY....the slanted trendline break nullifies that trade...it is currently working out...i already cleared out +20 pips already. But, more important than that clearing out +20pips, is making sure one is doing a setup the right way.

Thanks.

Quote
CUSTOS on USDSGD:
I would leave that one alone, price action came down too fast. Very likely that it will break with such big spikes to the downside...

The level 1.4100 level held firmly. Currently up by +20pips, although i am not in the trade anymore...(i moved my SL to BE right before LOB time, i dont want unfortunate negative price action moves by those london traders). But the import of your point is well taken: avoid too violent a move against your entry point.

Thanks for the input.
  • #3,557
  • Edited 3:42am Feb 11, 2010 3:30am | Edited 3:42am
Quoting EntropyLad
CLOSED out 1/2 of my position at RN = 1.6505. Leaving the SL where it is...final PT for 2ND 1/2 = 1.6455.
With GBP/CAD at 1.6468...moved 2nd SL to 1.6495...now, any surprised moved back, i am locked in at roughly 1:1 for this trade...if trade reach final PT, that will be a 1:2 r/r.

UPDATE: DAMN! i just noticed that on the daily trendline passes through precisely 1.6466. Here is the chart below.
( i am closing out the trade now...for a 1 vs 1.5 risk/reward.)
ANYWAYS, BELOW IS THE DAILY CHART:

http://www.forexfactory.com/attachme...1&d=1265881324
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcad ii.gif Size: 34 KB
  • #3,558
  • Feb 11, 2010 3:37am Feb 11, 2010 3:37am
Quoting EntropyLad
With GBP/CAD at 1.6468...moved 2nd SL to 1.6495...now, any surprised moved back, i am locked in at roughly 1:1 for this trade...if trade reach final PT, that will be a 1:2 r/r.
I just want to make you aware that you reached a trendline. GBP/CAD might not have any momentum left today to push through that trendline, just a thought.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcad d1 11.2.2010.gif Size: 50 KB
  • #3,559
  • Feb 11, 2010 3:43am Feb 11, 2010 3:43am
Hello Everyone,
I just couldnt sleep tonight ..even though i have to go to office its already 5:00 AM ....anyways....check this one out..for a short
Attached Image (click to enlarge)
Click to Enlarge Name: chfjpy-h4.PNG Size: 111 KB
  • #3,560
  • Feb 11, 2010 3:44am Feb 11, 2010 3:44am
Quoting Custos
I just want to make you aware that you reached a trendline. GBP/CAD might not have any momentum left today to push through that trendline, just a thought.
lol. I just closed out the trade...came back to do an update and posted it, just as i finished, lo and behold, i see your post. Thanks, custos.
0 traders viewing now