Trend Trading All Pairs | Page 186 | 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

  • #3,701
  • Feb 12, 2010 3:17am Feb 12, 2010 3:17am
Quoting Custos
I took a short right now on usd/jpy, let's see how it works out, confluence of 61.8, trendline & S/R level.
hi custo.
i cant see ur entry reasons. care to post charts? =D
  • #3,702
  • Feb 12, 2010 3:19am Feb 12, 2010 3:19am
Quoting yunero
Yes sir, hit my SL at 1.9500 for 500 pips gain..

EURGBP is still on locked at 0.8730..
Yunero - you son of a gun, or the MILKMAN? Well done well done
  • #3,703
  • Feb 12, 2010 3:23am Feb 12, 2010 3:23am
Quoting yunero
Yes sir, hit my SL at 1.9500 for 500 pips gain..

EURGBP is still on locked at 0.8730..
i think is hit ur TP instead of SL.

SL is stop loss. so u will be in a loss

anyway. good job. =D
  • #3,704
  • Feb 12, 2010 3:25am Feb 12, 2010 3:25am
Quoting ja5on
i think is hit ur TP instead of SL.

SL is stop loss. so u will be in a loss

anyway. good job. =D
I think he meant "trailing SL"....
  • #3,705
  • Feb 12, 2010 3:27am Feb 12, 2010 3:27am
oh.. nice.
sorry for my mistake.
  • #3,706
  • Feb 12, 2010 3:27am Feb 12, 2010 3:27am
Quoting Custos
I took a short right now on usd/jpy, let's see how it works out, confluence of 61.8, trendline & S/R level.
Same boat here.. also on GBPCHF touch trade @ 1.6925
Trend + S&R + RR =
  • #3,707
  • Feb 12, 2010 3:27am Feb 12, 2010 3:27am
Quoting Paulette
Custos, what you think? NZD/JPY for a touch trade... It keeps hitting the 6300 & 61% fib & strong support turned serious resistance... Day down, Week - down bias

Touch trade?

was also watching GBP/CHF - to fast for me...
yeah, problem is that it keeps hitting that S/R level. If something keeps knocking then the probability of the level holiding declines. So I would not go into the nzd/jpy again.
  • #3,708
  • Feb 12, 2010 3:28am Feb 12, 2010 3:28am
Guys, a special little message for our 20% friend:

"......that the greatest waste in the world is the difference
between what we are and what we could become.
"

milkmen, braz villas, snaz bathroom with ex-GF's... Milking the pips...

For my first live week I have a solid 100pips in the bank... Thanx NM, Custos, Entropy, Pdog and PipL.
  • #3,709
  • Feb 12, 2010 3:28am Feb 12, 2010 3:28am
CUSTOS...read the DanUK thread....still reading it...good stuff, good stuff. He only limits his trading to GU and EU...using a strict 100 pips SL....i think that works because the ADR of GU and EU are around that number(100). I suspect the technique will work on any pair, if the SL size = ADR. That simplicity of ADR = SL size takes away the guess work of thinking which SL should i use on what pair or crosses.
  • #3,710
  • Feb 12, 2010 3:30am Feb 12, 2010 3:30am
Quoting ja5on
hi custo.
i cant see ur entry reasons. care to post charts? =D
I thought that one was pretty obvious. Anyways, trendline coming down getting hit from below, 61.8% fib, and an S/R level. Are the reasons clear now?
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy h4 12.2.2010.gif Size: 66 KB
  • #3,711
  • Feb 12, 2010 3:31am Feb 12, 2010 3:31am
Quoting Custos
yeah, problem is that it keeps hitting that S/R level. If something keeps knocking then the probability of the level holiding declines. So I would not go into the nzd/jpy again.
It is like using a condom: You hit it once with it, you throw it away. No re-use.
  • #3,712
  • Feb 12, 2010 3:33am Feb 12, 2010 3:33am
Quoting EntropyLad
CUSTOS...read the DanUK thread....still reading it...good stuff, good stuff. He only limits his trading to GU and EU...using a strict 100 pips SL....i think that works because the ADR of GU and EU are around that number(100). I suspect the technique will work on any pair, if the SL size = ADR. That simplicity of ADR = SL size takes away the guess work of thinking which SL should i use on what pair or crosses.
Well, I don't like strict stop loss numbers. If you base it on an S/R level, then you just put your stop behind the S/R level.

makes sense?
  • #3,713
  • Feb 12, 2010 3:34am Feb 12, 2010 3:34am
Quoting ja5on
i think is hit ur TP instead of SL.

SL is stop loss. so u will be in a loss

anyway. good job. =D
Anyway, its trailing stop sir.. oh yes its manual trailing stop

My sell limit triggered @ 2.0000 and move my SL to 1.9700 and last 1.9500.

p/s you can check my post on yesterday if you wish..
Trend + S&R + RR =
  • #3,714
  • Feb 12, 2010 3:36am Feb 12, 2010 3:36am
hi all,

anyone else shorting the usd/cad pair? im currently trading the pair.

-----
trade:

sell 2 x lots @ 1.0500
stop @ 1.0550
1st target @ 1.0400, then trail 2nd lot using fractals.
-----

id like to hear your opinions too
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad 4hr.jpg Size: 142 KB
  • #3,715
  • Feb 12, 2010 3:36am Feb 12, 2010 3:36am
Quoting Custos
Well, I don't like strict stop loss numbers. If you base it on an S/R level, then you just put your stop behind the S/R level.

makes sense?
absolutely and SL is always less than 100pips...
  • #3,716
  • Feb 12, 2010 3:37am Feb 12, 2010 3:37am
Quoting Custos
Well, I don't like strict stop loss numbers. If you base it on an S/R level, then you just put your stop behind the S/R level.

makes sense?
I know. That is my default mode.

Still reading through the DanUK thread...curious about the 'anti-hedging" strategy and whatnot. Anyways, my weekend is going to be busy.
  • #3,717
  • Feb 12, 2010 3:40am Feb 12, 2010 3:40am
Quoting EntropyLad
I know. That is my default mode.

Still reading through the DanUK thread...curious about the 'anti-hedging" strategy and whatnot. Anyways, my weekend is going to be busy.
yeah, i personally don't like that anit-hedge too much. Cause either I win or I lose based on a technical setup, don't like to leave an order in just because I lost the last time. That thing doesn't make so much sense to me. But you can try it of course, maybe it works for you.
  • #3,718
  • Feb 12, 2010 3:40am Feb 12, 2010 3:40am
Quoting EntropyLad
It is like using a condom: You hit it once with it, you throw it away. No re-use.
ROFL : where do you get your pics and analogies - your a laugh a minute... Keep them rolling, we need humor in trading too.

I will surely now look differently at TL's and S/R's... Aids free...
  • #3,719
  • Feb 12, 2010 3:40am Feb 12, 2010 3:40am
Quoting Custos
I thought that one was pretty obvious. Anyways, trendline coming down getting hit from below, 61.8% fib, and an S/R level. Are the reasons clear now?
oh yes i saw that now.
anyway i thought that the S/R was always tested and broken through. so i wasnt quite sure where was the S/R initially. haa.

thanks for posting the chart to clear the doubts. cheers
  • #3,720
  • Feb 12, 2010 3:42am Feb 12, 2010 3:42am
Quoting trend master
hi all,

anyone else shorting the usd/cad pair? im currently trading the pair.

-----
trade:

sell 2 x lots @ 1.0500
stop @ 1.0550
1st target @ 1.0400, then trail 2nd lot using fractals.
-----

id like to hear your opinions too
hi, I am wondering on what you base your entry?

best regards
1 trader viewing now