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Intraday price action trend trading

  • #21
  • Feb 26, 2010 9:24am Feb 26, 2010 9:24am
Quoting francis2
Sho what did you use for your GBP exit , good trade!
most of the pairs are flat now gbp will follow
  • #22
  • Feb 26, 2010 9:30am Feb 26, 2010 9:30am
CRAZY FRIDAY!!!
  • #23
  • Feb 26, 2010 9:31am Feb 26, 2010 9:31am
Quoting francis2
CRAZY FRIDAY!!!
i like crazy days
i am crazy too
  • #24
  • Feb 26, 2010 9:32am Feb 26, 2010 9:32am
hey guys check the gbp/usd now
  • #25
  • Feb 26, 2010 9:34am Feb 26, 2010 9:34am
its going up now
  • #26
  • Feb 26, 2010 9:36am Feb 26, 2010 9:36am
no more trading for the day.
see the usd/cad
  • #27
  • Feb 26, 2010 9:37am Feb 26, 2010 9:37am
Eurusd
http://i47.tinypic.com/5x93pk.gif
  • #28
  • Feb 26, 2010 9:39am Feb 26, 2010 9:39am
Quoting ukcool
Eurusd
took all the stops and now flying
  • #29
  • Feb 26, 2010 9:42am Feb 26, 2010 9:42am
same with the usd/chf
  • #30
  • Feb 26, 2010 11:12am Feb 26, 2010 11:12am
OK I'm done for the day. Thanks for setting this room up Sho, at least we have a record of what went on (unlike the chat room I set up).

See you here monday morning.....Have a great weekend all.
  • #31
  • Feb 26, 2010 12:29pm Feb 26, 2010 12:29pm
Yes, I will also appreciate if some one takes screen shot just after taking the trade and later when they close with explanation for the trade taken. A chart after few bars look always convincing even to a novice like me. It's always difficult to see the bigger picture while it forms. After a while it looks like price is always moving between the two boundaries of the Keltner channel and that is past. We don't want signal service (if you don't want) and we don't mind in demo. The reason I can ask for such help only because Sho has shown his eagerness to teach his fellow aspiring traders. Thanks in advance.

-FX_California
Quoting Sim
nice sho, are you taking the screenshots for this thread as soon as you enter, or few candles after?
  • #32
  • Feb 27, 2010 3:51am Feb 27, 2010 3:51am
I am beginning to see this now.

  • #33
  • Feb 27, 2010 6:13am Feb 27, 2010 6:13am
Seems that the mods have moved this thread - I'd've thought this was better placed in Interactive Trading, since this is not a journal for the thread starters trades, but for all active participants following the Sho method.

Pardy
  • #34
  • Edited 2:30am Feb 28, 2010 1:53am | Edited 2:30am
Hi Sho and all,

Busy to read the 1st thread from the beginning all over again, missed that 2nd thread. Now I'm in.

City
  • #35
  • Edited 1:36am Mar 1, 2010 1:13am | Edited 1:36am
Hi guys,

1st trade this evening

I noticed that the keltner channel is flat, but I saw an upward momentum so that I decided to go long with a long signal after a retracement was over. It may be something like a make-or-break gamble.

Edit: Out for +16 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 38 KB
  • #36
  • Mar 1, 2010 1:35am Mar 1, 2010 1:35am
Quoting lazyFX
Hi guys,

1st trade this evening

I noticed that the keltner channel is flat, but I saw an upward momentum so that I decided to go long with a long signal after a retracement was over. It may be something like a make-or-break gamble.
Seems good, you've 10pips up to now. But 121.45 seems to be a resistance, take care.
  • #37
  • Mar 1, 2010 1:38am Mar 1, 2010 1:38am
Quoting Buildcity
Seems good, you've 10pips up to now. But 121.45 seems to be a resistance, take care.
Yes, I knew the resitance is up there. I was already out for the maximum profit.
  • #38
  • Mar 1, 2010 3:01am Mar 1, 2010 3:01am
short usdchf stalls, i will close it if it reaches B/E


edit after 10 reached, trail sl to B/E
Attached Image
  • #39
  • Mar 1, 2010 3:07am Mar 1, 2010 3:07am
Quoting MJurban
short usdchf stalls, i will close it if it reaches B/E


edit after 10 reached, trail sl to B/E
Did you go short on the close of that big green up bar MJ?
  • #40
  • Edited 3:14am Mar 1, 2010 3:08am | Edited 3:14am
Quoting Sutts
Did you go short on the close of that big green up bar MJ?
yes with 5 pips sl

1.0750 was support after break now res
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