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Trading with Deadly Accuracy

  • #641
  • Mar 8, 2010 7:38am Mar 8, 2010 7:38am
its moving too slow. so i've drawn more lines to justify my short. each one's an obstacle. to console myself further, i have drawn the break out area and hook.
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bull in a china shop
  • #642
  • Mar 8, 2010 9:01am Mar 8, 2010 9:01am
Quoting squeezy
well its faster than eurchf....lol
should be fun to watch though



good to see u to benem



yup nice lvg, also watching this
would like a drop to 1.292 area but might be asking for too much

here is one im watching but no clear entry for me yet even though its bounced,need more conviction
zoom in a bit and ull see an entry to ride up to this level, very simple trade indeed (j16 fam know what im talking about)
update to previous post....
this is already a winner even if it comes back to stop me
ill post some more im watching later
cheers guys
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Simplicity is the key to success
  • #643
  • Mar 8, 2010 10:47am Mar 8, 2010 10:47am
this ones not doing too badly either. well its paid for anyway. exited 2 thirds for a measly 50 pips.

i'll be taking profits at the lower trend line or any where near my boxed zone.

thanks again to wmd.
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bull in a china shop
  • #644
  • Mar 8, 2010 11:57pm Mar 8, 2010 11:57pm
hook
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  • #645
  • Mar 9, 2010 12:00am Mar 9, 2010 12:00am
Quoting plasmapants
any other takes.
Selling upper trendline?
  • #646
  • Mar 9, 2010 12:16am Mar 9, 2010 12:16am
Quoting EdgarNg
hook
i saw a pin bar so should there be a reversal or ???
  • #647
  • Mar 9, 2010 12:47am Mar 9, 2010 12:47am
I dont see a pin bar except for Daily , thats a 70 pips(tail) pin bar which calls for short.

but then again, this doesnt qualifies much as a pin bar because the few previous bars have reached before where the highest of this pin bar. so its just in a consolidation period.


Good luck !
  • #648
  • Mar 9, 2010 2:47am Mar 9, 2010 2:47am
Anyone considering a long at 121.70 - untested support after a breakout
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  • #649
  • Mar 9, 2010 4:11am Mar 9, 2010 4:11am
I am thinking long nearer the 121 mark.
bull in a china shop
  • #650
  • Mar 9, 2010 4:12am Mar 9, 2010 4:12am
Quoting Vantage
Selling upper trendline?
yes.
bull in a china shop
  • #651
  • Mar 9, 2010 5:29am Mar 9, 2010 5:29am
Long on pound. Feels like a scalp.

edit: and its definately against the trend!
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bull in a china shop
  • #652
  • Mar 9, 2010 1:23pm Mar 9, 2010 1:23pm
Quoting lovejoy80
Anyone considering a long at 121.70 - untested support after a breakout
im in lovejoy, waited for the bounce of the area
this was ofcourse a conservative approach.....
got my eyes on a couple, ill post as they materialize(if they materialize)
cheers
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Simplicity is the key to success
  • #653
  • Mar 9, 2010 2:00pm Mar 9, 2010 2:00pm
Quoting squeezy
im in lovejoy, waited for the bounce of the area
this was ofcourse a conservative approach.....
got my eyes on a couple, ill post as they materialize(if they materialize)
cheers
I was in on the touch of the PPZ (half a position) and added the other half on the bounce.

That's probably as simple as they come in terms of setups. Will start to look for some more shortly.

Mark
  • #654
  • Mar 10, 2010 6:51am Mar 10, 2010 6:51am
maybe another long scalp. pound swissy approaching a lower trendline.
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bull in a china shop
  • #655
  • Mar 10, 2010 8:12am Mar 10, 2010 8:12am
Quoting plasmapants
maybe another long scalp. pound swissy approaching a lower trendline.
Well spotted...it worked out nice...went and hit former support
  • #656
  • Mar 10, 2010 9:39am Mar 10, 2010 9:39am
Quoting lovejoy80
I was in on the touch of the PPZ (half a position) and added the other half on the bounce.

That's probably as simple as they come in terms of setups. Will start to look for some more shortly.

Mark
hmmm! nice lovejoy
as simple as that isnt it
good work
Simplicity is the key to success
  • #657
  • Edited 12:51pm Mar 10, 2010 10:36am | Edited 12:51pm
chart...
edit: this was a pretty fast trade, hit my tp for 2.5R
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Simplicity is the key to success
  • #658
  • Mar 11, 2010 4:50am Mar 11, 2010 4:50am
Quoting squeezy
chart...
edit: this was a pretty fast trade, hit my tp for 2.5R
a well-calculated trade! kick ass=)
  • #659
  • Mar 11, 2010 7:45am Mar 11, 2010 7:45am
some levels for long on pound.

should be good for bounce.
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bull in a china shop
  • #660
  • Mar 11, 2010 8:37am Mar 11, 2010 8:37am
http://img2.pict.com/fb/52/8c/3093042/0/800/usdcad.jpg
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