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Intraday price action trend trading

  • #1,241
  • Apr 2, 2010 5:39am Apr 2, 2010 5:39am
do u understand why i say dont trade ranging market?its not for u guys its only for level playing players.(dont misunderstand)
i dont trade low liquidity market but i did it for u guys to show how we hunt stops.
there is very rare.i mean maybe few real traders in the ff.all other is just show off.
  • #1,242
  • Apr 2, 2010 5:42am Apr 2, 2010 5:42am
Quoting the novice
Hi Sho
This is amazing.

The previous bar to the pinbar was a large bearish bar, so I would actually be looking for a short trade.
What made you take a long after a large bearish bar that closed below the midline?

Thanks!
in the ranging market institution make trap for traders.
  • #1,243
  • Apr 2, 2010 5:46am Apr 2, 2010 5:46am
Quoting trade price
dont trade guys its uk holiday
Yes I like the trades that close top of bar on retrace and enter little to no stop loss you are either right or wrong straight away
  • #1,244
  • Apr 2, 2010 6:04am Apr 2, 2010 6:04am
Quoting trade price
dont trade guys its uk holiday
Yes, so I just playing around with multi-pairs, in Demo a/c.

Cheers
Cityhttp://cdn.forexfactory.com/images/icons/icon10.gif
  • #1,245
  • Apr 2, 2010 8:48am Apr 2, 2010 8:48am
gbp
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  • #1,246
  • Apr 2, 2010 9:13am Apr 2, 2010 9:13am
bounce down off 1.52
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  • #1,247
  • Apr 2, 2010 9:31am Apr 2, 2010 9:31am
Careful, in divergence

Quoting francis2
gbp
  • #1,248
  • Apr 2, 2010 10:01am Apr 2, 2010 10:01am
Quoting Buildcity
Careful, in divergence
thanks, im only in for the one candle as a rule if ive got enough profit
  • #1,249
  • Apr 5, 2010 12:31am Apr 5, 2010 12:31am
I am watchine Eur/Usd for short. Waiting for price action confirmation.
  • #1,250
  • Apr 5, 2010 1:10am Apr 5, 2010 1:10am
Quoting 786 trading
I am watchine Eur/Usd for short. Waiting for price action confirmation.
TP hit on eur/usd. Will post chart later.
  • #1,251
  • Apr 5, 2010 1:46am Apr 5, 2010 1:46am
Love this method to read the market dance.
Thanks Sho... Only problem now how to run the profit. But first I need to practice the basics.
Two trades on E/U. now would wait London open.
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  • #1,252
  • Apr 5, 2010 2:25am Apr 5, 2010 2:25am
I am short again. But Market is not moving although London is opened. I expected market will move fast after London opening. Anyway lets see. If Market would remain two more candles I will close my position.
  • #1,253
  • Apr 5, 2010 2:36am Apr 5, 2010 2:36am
Quoting 786 trading
I am short again. But Market is not moving although London is opened. I expected market will move fast after London opening. Anyway lets see. If Market would remain two more candles I will close my position.
most europ has holiday today, also england and germany
  • #1,254
  • Apr 5, 2010 2:44am Apr 5, 2010 2:44am
Quoting MJurban
most europ has holiday today, also england and germany
Ohh thats why market is doing lazy walk. Thanks for updating.
  • #1,255
  • Apr 5, 2010 3:19am Apr 5, 2010 3:19am
Took GU short at 1.5254 down to 1.5241, really slow and cut with +13P only. No play anymore.http://cdn.forexfactory.com/images/icons/icon11.gif

City
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  • #1,256
  • Apr 5, 2010 3:38am Apr 5, 2010 3:38am
short eurusd stoploss triggert -7 pips
cause of slow marketcondition only small position( kind of practise trade)
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  • #1,257
  • Apr 5, 2010 3:42am Apr 5, 2010 3:42am
this is the 2. try to short the EURUSD (market is almost dead) but 9 pips in profit already, i dont let this become a loser , noway.
I will close B/E if i had to
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  • #1,258
  • Apr 5, 2010 4:08am Apr 5, 2010 4:08am
Quoting MJurban
this is the 2. try to short the EURUSD (market is almost dead) but 9 pips in profit already, i dont let this become a loser , noway.
I will close B/E if i had to

closed B/E . not a god market to trade,
maybe a have a chance after US open , c u later
  • #1,259
  • Apr 5, 2010 6:23am Apr 5, 2010 6:23am
Hi guys, look at the rise of GU, it's ready the open of US session?
  • #1,260
  • Apr 5, 2010 6:57am Apr 5, 2010 6:57am
Quoting Buildcity
Hi guys, look at the rise of GU, it's ready the open of US session?
i think thats what Sho says in thin market there is stop hunting by the Pros. Same on EU not as big as GU
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