Niceeee. I did the same only with the usd/chf at 1.0775. I don't know why but I like shorting more than I like buying.Good luck brother!
hmm what if we turn our monitor upside down when there's a buy trade.
james16 Chart Thread
- #54,721
- Feb 11, 2010 10:44am Feb 11, 2010 10:44am
- Joined Apr 2009 | Status: Trader | 2,891 Posts
hmm what if we turn our monitor upside down when there's a buy trade.
- #54,722
- Feb 11, 2010 10:44am Feb 11, 2010 10:44am
- Joined Feb 2009 | Status: Commercial Member <- Don't trust me | 2,976 Posts
Lots of pips this week, here is todays
Amazing entry... can't completely understand how you made the decisions of your last order in each of your charts!
Well done!
- #54,723
- Feb 11, 2010 10:48am Feb 11, 2010 10:48am
It's really strange but it works for me to.
hmm what if we turn our monitor upside down when there's a buy trade.
- #54,724
- Feb 11, 2010 10:48am Feb 11, 2010 10:48am
Hi Ertorque,
Sorry it took me so long to respond, I just woke up.
On my Aud/Nzd trade my entry was .2645, my stop was .2595, and my tp was .2690. I realize this isn't 1:1 R:R, but I still have part of my position running, and I can't lose anything now
.
I was really confident if it broke up it would hit my first target area.
Cory
Sorry it took me so long to respond, I just woke up.
On my Aud/Nzd trade my entry was .2645, my stop was .2595, and my tp was .2690. I realize this isn't 1:1 R:R, but I still have part of my position running, and I can't lose anything now
.I was really confident if it broke up it would hit my first target area.
Cory
- #54,725
- Feb 11, 2010 10:49am Feb 11, 2010 10:49am
- Joined Jul 2006 | Status: Trader | 4,090 Posts
It's really strange but it works for me to.
hmm what if we turn our monitor upside down when there's a buy trade.
On a serious note, I think it's because I've subconsciously noticed that shorts go a lot faster than longs do. Chutes and ladders, in a sense. That game screwed up my whole trading career...damn.
I dream, therefore I become.
- #54,726
- Feb 11, 2010 10:49am Feb 11, 2010 10:49am
Consolidation and breakout trade.
Entered a little late cause of the yellow line.
Ok now a little RN + Double Bottom + hiiuuojj Div + Weekly PPZ and 20 PIP SL.
Disclaimer: No PA.
.
Will you be a seller again at ~1.37 should it get there?
- #54,727
- Feb 11, 2010 10:51am Feb 11, 2010 10:51am
Niceeee. I did the same only with the usd/chf at 1.0775. I don't know why but I like shorting more than I like buying.
Will you be buying at ~1.07 should we get back there?
- #54,728
- Feb 11, 2010 10:58am Feb 11, 2010 10:58am
Thanks for sharing!
Amazing entry... can't completely understand how you made the decisions of your last order in each of your charts!
Well done!
US Swissy, Just a continuation of the MAJOR trend since MID January, I have been milking that sucker for the longest time now. Last major touch was Feb 3rd, which almost took us to 1.0800. Drew a fib from that low to high (1.05 - 1.08) and had a 50% retracement, made sense to go long. Waiting it to come back home into its channel.
Euro, stuck in a wedge. we were making higher lows this week.(hope everyone milked that), but recent rejections from 1.3800 50% FIB had me thinking.. and yesterdays NY LOW.- possibility of a continuation downward. Re-drew my TL this morning ( I always wake up @ 7amEST and re-draw all my charts) Put a sell order outside the wedge, on a little baby piv. But, I have to admit - I did have a consideration for a potential reversal to the upside (buy order at incase a reversal) Put a buy order incase.
Hope my ramble makes sense..
Looking forward to tommorows US Session.. !
EDIT -Oh yeah ,on the latest mid USD/CHF buy order.. I was on the 5/15 min charts.. (check it out yourself) . I bought an intrda-day dip...
Realistically should have added more @ 1.07
lowest draw down possible please.
- #54,729
- Feb 11, 2010 11:02am Feb 11, 2010 11:02am
- | Commercial User | Joined Feb 2008 | 4,633 Posts
Haha! Not this time!
Stopped out.
K.I.S.S.
- #54,730
- Feb 11, 2010 11:03am Feb 11, 2010 11:03am
- Joined Apr 2009 | Status: Trader | 2,891 Posts
haha I like the way you think! Hm, I'm looking into an EA right now for it..
On a serious note, I think it's because I've subconsciously noticed that shorts go a lot faster than longs do. Chutes and ladders, in a sense. That game screwed up my whole trading career...damn.
GRAVITY
- #54,731
- Feb 11, 2010 11:04am Feb 11, 2010 11:04am
- | Commercial User | Joined Feb 2008 | 4,633 Posts
Going like a train...
- #54,732
- Feb 11, 2010 11:06am Feb 11, 2010 11:06am
- Joined Apr 2009 | Status: Trader | 2,891 Posts
Hi Nasir
Will you be a seller again at ~1.37 should it get there?
But i won't take it. Cause now we are inside a range.
So next trade will be at 580 or 850.
- #54,733
- Feb 11, 2010 11:10am Feb 11, 2010 11:10am
- Joined Jul 2006 | Status: Trader | 4,090 Posts
I dream, therefore I become.
- #54,734
- Feb 11, 2010 11:10am Feb 11, 2010 11:10am
- Joined Feb 2009 | Status: Commercial Member <- Don't trust me | 2,976 Posts
Thanks ehrek.
A number of discretions. Thanks for sharing. Lots to learn.
Cheers.
A number of discretions. Thanks for sharing. Lots to learn.
Cheers.
Thanks
US Swissy, Just a continuation of the MAJOR trend since MID January, I have been milking that sucker for the longest time now. Last major touch was Feb 3rd, which almost took us to 1.0800. Drew a fib from that low to high (1.05 - 1.08) and had a 50% retracement, made sense to go long. Waiting it to come back home into its channel.
Euro, stuck in a wedge. we were making higher lows this week.(hope everyone milked that), but recent rejections from 1.3800 50% FIB had me thinking.. and yesterdays NY LOW.- possibility of a continuation...
- #54,735
- Feb 11, 2010 11:15am Feb 11, 2010 11:15am
Seems a nice short entry at 675 and 715.
But i won't take it. Cause now we are inside a range.
So next trade will be at 580 or 850.
It all depends on the price action at that point, but probably not. This is one that I'm thinking of leaving at BE and seeing if it runs to 1.05.
On the higher timeframe charts, we have a double top at a VERY big form of resistance so I'm thinking we have a chance for a pullback at the very least.
- #54,736
- Feb 11, 2010 11:18am Feb 11, 2010 11:18am
- Joined Jul 2006 | Status: Trader | 4,090 Posts
I dream, therefore I become.
- #54,737
- Feb 11, 2010 11:19am Feb 11, 2010 11:19am
- Joined Apr 2009 | Status: Trader | 2,891 Posts
I don't know Trig but i have just started to feel bad about XXX/JPY shorts.
I am getting a strong feeling that they are going up.
See the chart of Gold. Price is retesting yesterday's High and Old resistance.
And look at the 4H BOUB.
We will hit the Yellow line (1100) man..
- #54,739
- Feb 11, 2010 11:28am Feb 11, 2010 11:28am
Sure thing man! Any time you ever have questions, don't hesitate to ask. Just drop a PM or write it in here!
BTW, I know why you asked about 1.07 and I will tell you that you have a good eye. It's definitely important to keep your eyes on PPZ areas. PPZs with price action and boom; that's the key to the mint my man.
- #54,740
- Feb 11, 2010 11:33am Feb 11, 2010 11:33am
- | Joined Sep 2009 | Status: Making Money > Being "Right" | 1,811 Posts
This is one that I see go to TP over and again.
K.I.S.S.
Many choose unhappiness over uncertainty.