Intraday price action trend trading

Quoting FOURX

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gordon browns ,shot hisself in the foot

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Quoting Tang63

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I got 91 pips today on trading EU. My accout(real account, not demo account) is going from A$300 into A$391. Couldn't believe it.

I have 11 houses in Sydney which has capital gain more than half million dollars every year.

Still, this A$91 gain in trading is more nervous and excited than those million dollars gain.

I didn't enter the trades very well, but I did something which might be good, which add contracts into positions.

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Quoting Tang63

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I got 91 pips today on trading EU. My accout(real account, not demo account) is going from A$300 into A$391. Couldn't believe it.

I have 11 houses in Sydney which has capital gain more than half million dollars every year.

Still, this A$91 gain in trading is more nervous and excited than those million dollars gain.

I didn't enter the trades very well, but I did something which might be good, which add contracts into positions.

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Quoting francis2

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why i find it pays to watch candle rollover here 2 M1 candles dropped before resuming direction of long so the first two candles go down to touch snma5 then you pick the trade up on the way back through the close of the previous M15 otherwise youre stopped out or in drawdown straight away

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Quoting FOURX

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francis,

sorry,a bit confused as to which 2 , 1min bars you are refering to....

i see that they bounce on your 65sma after 8 down bars

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Quoting Buildcity

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Woh...... you guys have taken all pips from the market while I am still at work.

While Dave and MJ are now active again here, I may take a chance to do some individual practice (like Dave). Hope I can trade good pips like you guys.

Francis, you are pretty good player here and please keep posting your trades and those newbies around surely can learn a lot from you, of course including me.

Happy trading.

City

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Quoting francis2

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thanks BC you dont do so badly yourself, I think we can all learn from each other,if we post trades and discuss, and suggest possibles maybe, and encourage patience (which is my problem) taking good trades and hopefully enjoy life as part of the 5% (allegedly)

Yes its not been a bad day overall makes up for the chop

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Quoting Buildcity

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Tks Francis,

Nice to know you guys here. You Know my die hard problem, no matter how many times Sho did kick my thick head!! So I really prepare to work out a more appropriate method to suit my personality.

BTW, just got a good trade from GU, its Sho's way.

Slide show, 1st in, 2nd out

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Quoting francis2

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red line on chart the 30 and 31 minute candles drop below close of black retrace candle on M15
This new candle then goes on to form bullish hammer it just saves you a few pips cos the black candle retraced 38-50% so was valid as a set up bar normally you would have been stopped out but waiting those two minutes saves you and you get that retrace to sma5

hope it makes sense

thats why I prefer retraces that go back to the ma generally

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Quoting francis2

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Post your trades if you like we can all learn and discuss

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Quoting Tang63

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I am at work now and can't access the chart.

I have posted the first trade already.

For the second trade, actually, in one of your posts mentioned about going Long on EU and another person saying Long on EJ. I did on both trades on my demo account. At about 11pm Sydney time, I was about to sleep, but having a big up candle on EU. Usually, I can make money on this situation on my demo account. So, I switch on Real Account and enter when it retraced a little bit. When the price dropped a little bit, I add one more contract. When the price start...

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