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Intraday price action trend trading

  • #1,041
  • Mar 26, 2010 7:00am Mar 26, 2010 7:00am
Quoting Buildcity
Shit, I go 1 bar behind yours , now is -8p, not yet cut
i am out when u r in
  • #1,042
  • Mar 26, 2010 7:03am Mar 26, 2010 7:03am
looks like eu is gonna change the intraday trend direction soon
  • #1,043
  • Mar 26, 2010 7:06am Mar 26, 2010 7:06am
Quoting trade price
usd/chf is near the yesterdays low.
aud daily is quite strong for down move.
use very small stop or pass those
oanda s daily low already broken, thats thhe troble with different brokers
oanda daily low 1.0674 and today 1.0670
  • #1,044
  • Mar 26, 2010 7:07am Mar 26, 2010 7:07am
Sho I took short trade,aus,. breakdown of triangle 3 stabs that didnt go higher inside bar break did I do right or not
  • #1,045
  • Mar 26, 2010 7:09am Mar 26, 2010 7:09am
Quoting MJurban
oanda s daily low already broken, thats thhe troble with different brokers
oanda daily low 1.0674 and today 1.0670
yes its allready broken but reversed.so it will support for a while and its holding from all morning.
thats why i said few post earlier some one is holding that level.
but still watching that pair
  • #1,046
  • Mar 26, 2010 7:10am Mar 26, 2010 7:10am
Sho,

Should we trade EU / GU during this hour? now is London 12:00
  • #1,047
  • Mar 26, 2010 7:11am Mar 26, 2010 7:11am
Quoting francis2
Sho I took short trade,aus,. breakdown of triangle 3 stabs that didnt go higher inside bar break did I do right or not
its against the momentum.be ready to close the possition at any time.
it was right decision.yes market was strugling.
  • #1,048
  • Mar 26, 2010 7:12am Mar 26, 2010 7:12am
Quoting Buildcity
Sho,

Should we trade EU / GU during this hour? now is London 12:00
if good set up comes with very small risk.
  • #1,049
  • Mar 26, 2010 7:15am Mar 26, 2010 7:15am
Quoting trade price
yes its allready broken but reversed.so it will support for a while and its holding from all morning.
thats why i said few post earlier some one is holding that level.
but still watching that pair

ok i c
  • #1,050
  • Mar 26, 2010 7:16am Mar 26, 2010 7:16am
i am off for a whille.be back soon.
no stock trading today.
will be back in the new york session.
bye guys
  • #1,051
  • Mar 26, 2010 7:17am Mar 26, 2010 7:17am
Quoting trade price
if good set up comes with very small risk.
Thanks,

The GU seems to be stickie at 1.4860, cut with +3p.

Sho, you are master, you really know the market movement well before us!!
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  • #1,052
  • Mar 26, 2010 7:27am Mar 26, 2010 7:27am
Quoting trade price
i am off for a whille.be back soon.
no stock trading today.
will be back in the new york session.
bye guys
Bye Sho, thanks for the help.
  • #1,053
  • Mar 26, 2010 7:28am Mar 26, 2010 7:28am
off the work now and back home, half trading day for me, +23p with 3 trade on GU, see you all later.

BTW, the thread is just moving too fast, I gonna have several pages to read when home.

See you guys
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  • #1,054
  • Mar 26, 2010 7:29am Mar 26, 2010 7:29am
short gpb/usd
  • #1,055
  • Mar 26, 2010 8:10am Mar 26, 2010 8:10am
+20 eu/us short from top of hammer 12.45 candle gmt negligible stop
  • #1,056
  • Mar 26, 2010 8:11am Mar 26, 2010 8:11am
GBP/USD out +20
  • #1,057
  • Mar 26, 2010 8:12am Mar 26, 2010 8:12am
Quoting francis2
+20 eu/us short from top of hammer 12.45 candle gmt negligible stop
nice one francis
  • #1,058
  • Mar 26, 2010 8:15am Mar 26, 2010 8:15am
Quoting TheRoper
nice one francis
same to you you just had a bit more waiting looks like we got out early
  • #1,059
  • Mar 26, 2010 8:18am Mar 26, 2010 8:18am
Quoting francis2
same to you you just had a bit more waiting looks like we got out early
Yes, we may be able to get back in on the 50% pull back
  • #1,060
  • Mar 26, 2010 8:18am Mar 26, 2010 8:18am
same situation as this morning in usdchf

the short reached 22 pips but not the takeprofit line
sl was less 10 pips so i think to myself: if this support is holding and price goes back to 15 pips, i bail out with 15 pips profit insted of waiting for 22 or B/E

is this coward? or acceptable trade management?
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