i wanna make sure u guys do get it right nothing else.otherwise u will lose the money in the long run.
Intraday price action trend trading
- #2,162
- Apr 30, 2010 3:56am Apr 30, 2010 3:56am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
made big money in the gbp/chf today.briliant setup.
ej was very good as well.
to city:
hey city i like your signature
- #2,164
- Apr 30, 2010 3:58am Apr 30, 2010 3:58am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
- #2,165
- Apr 30, 2010 4:00am Apr 30, 2010 4:00am
- | Joined Dec 2007 | Status: re....member | 2,095 Posts
Hey Francis, don't laugthing at me while you played the pb + inside bar break and divergence entry
- #2,167
- Apr 30, 2010 4:08am Apr 30, 2010 4:08am
- Joined Jan 2010 | Status: Trader | 1,188 Posts
Post trade analysis
My interpretation was big move to left then 50% retrace so went long on what became inv hammer
Then had indecision bar followed by inside bar all making higher lows so went long on break of inside bar
in hindsight I fell into bull trap
sometimes its difficult determining the difference I find between retrace of bigger move,, momentum of the moment,, and overall trend because technically the trend was still up
Anyone any thoughts to add
but no long for me see the last impulsive move.
keep it up
.its a small lose.
- #2,168
- Apr 30, 2010 4:15am Apr 30, 2010 4:15am
- | Joined Sep 2009 | Status: Trader | 1,188 Posts
made big money in the gbp/chf today.briliant setup.
ej was very good as well.
to city:
hey city i like your signature
I should have caught that GU drop and I'm annoyed at myself. I saw the pin bar but hesitated for some reason - mainly doubt caused by the continued strong rise of EU. Thanks for posting the setup chart by the way.
I've done better with USDCAD today. I'm up on the day and well up on the week so the method is working - just need to keep practicing.
Thanks for your help.
Dave
- #2,169
- Apr 30, 2010 4:22am Apr 30, 2010 4:22am
- Joined Jan 2010 | Status: Trader | 1,188 Posts
Would you mind showing me your entries for EJ please Sho? I'm not good with these fast moving markets. I keep getting left on the platform.
I should have caught that GU drop and I'm annoyed at myself. I saw the pin bar but hesitated for some reason - mainly doubt caused by the continued strong rise of EU. Thanks for posting the setup chart by the way.
I've done better with USDCAD today. I'm up on the day and well up on the week so the method is working - just need to keep practicing.
Thanks for your help.
Dave
.
- #2,172
- Apr 30, 2010 4:26am Apr 30, 2010 4:26am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #2,175
- Apr 30, 2010 4:32am Apr 30, 2010 4:32am
- | Joined Feb 2007 | Status: Trader | 1,477 Posts
hey bc.
you want to be careful, that bar hanot closed yet , it could run up in the last minute, and turn out to be a long full bodied candle
but i hope you get my point
- #2,176
- Apr 30, 2010 4:33am Apr 30, 2010 4:33am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
- #2,179
- Apr 30, 2010 4:43am Apr 30, 2010 4:43am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
You got in early City. I waited until the bar closed and am now feeling the heat!
Doesn't seem to want to fall. Moving stop to b/e -5
- #2,180
- Apr 30, 2010 4:47am Apr 30, 2010 4:47am
- | Joined Sep 2009 | Status: Trader | 1,188 Posts
Watch out a bit down, the resistance extended from last night. Hope you well
I agree, big support just below.