Intraday price action trend trading | Page 143 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

MultiTimeFrame Trend Trading with Price Action 242 replies

Any Recommendations on Learning Intraday Price Action Trading 5 replies

Price Pattern Notifications/Trend Alert Price Action Scanner 7 replies

Trend following intraday breakout - my trading journal 11 replies

intraday trend trading with price action 2,063 replies

Attachments: Intraday price action trend trading
Exit Attachments

Intraday price action trend trading

  • #2,841
  • May 20, 2010 6:24am May 20, 2010 6:24am
Sharp cut with -7, didn't seem good. I am chasing the price! No good.
Attached Image
  • #2,842
  • May 20, 2010 6:44am May 20, 2010 6:44am
Get back my 7 +3 extra at the same spot
Attached Image
  • #2,843
  • May 20, 2010 7:18am May 20, 2010 7:18am
Caught 6 only after the retrace and entry at the red bar beginning (near the r/n), cut with small profit as seems no move
Attached Image
  • #2,844
  • May 20, 2010 7:59am May 20, 2010 7:59am
PS - not Sho's way

Consolidated for 1.5 hrs, good support (bottom green), nice long tail hanging man, put small sl right below the green, target profit at next resistance (upper green). Done!!
Attached Image
  • #2,845
  • May 20, 2010 8:10am May 20, 2010 8:10am
Have to go home now!!

My wife will kill me. See you

Happy trading.
City

PS - today, up to this moment is not bad, almost 70.

One more thing to stress, there is only Sho's club here, thks mates, we are all learning the skills from Sho. Cheers
  • #2,846
  • May 20, 2010 9:14am May 20, 2010 9:14am
couldnt resist indesition bar and MOMENTUM
Attached Image (click to enlarge)
Click to Enlarge Name: uj2.gif Size: 33 KB
Stop killing our Oceans, Stop using single use plastics.
  • #2,847
  • May 20, 2010 9:21am May 20, 2010 9:21am
STOPPED, NOT BAD FOR A THIEF 72 LARGE
Attached Image (click to enlarge)
Click to Enlarge Name: uj2.gif3.gif Size: 35 KB
Stop killing our Oceans, Stop using single use plastics.
  • #2,848
  • May 20, 2010 9:23am May 20, 2010 9:23am
Eric:

I just got more than 50 pips on EJ. I think you should have more.

Finally, my account is positive, just more than +20 pips today.

Regards

Tang
  • #2,849
  • May 20, 2010 9:28am May 20, 2010 9:28am
Nice pips, I have not played, just sit down to "feel" the market.

BTW, the EJ is broken the day low of the disaster day. Just feel no good, so stand aside to watch 1st.

Quoting Tang63
Eric:

I just got more than 50 pips on EJ. I think you should have more.

Finally, my account is positive, just more than +20 pips today.

Regards

Tang
  • #2,850
  • May 20, 2010 9:51am May 20, 2010 9:51am
Nice pips Jakdan. But remember to strictly follow the small sl. otherwise this trade was chasing the price (high risk) and could be a retrace after the indecision bar. Unless you really have good reason to entry.

Always protect the momey in our pocket 1st

Edit: BTW, I don't watch UJ, so may be you have better feel on that, just my view only.

Quoting jakdan
STOPPED, NOT BAD FOR A THIEF 72 LARGE
Attachment
  • #2,851
  • May 20, 2010 10:12am May 20, 2010 10:12am
The GU can be up & down between the zone
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-05-20_2304.png Size: 47 KB
  • #2,852
  • May 20, 2010 10:29am May 20, 2010 10:29am
Bonus for the day, pick up bit by bit

Broken of down trend, now support, entry at the last red when it rebound fron the trend line, quick 10 and sharp cut while the recent s/r level is approaching. DB plus the r/n support.
Attached Image
  • #2,853
  • May 20, 2010 10:50am May 20, 2010 10:50am
It usually happens, when there is a big bar then retrace, if it is slow down around 50% ~ 68% (Fib), it will probably get back to original direction. but remember small sl is the key, otherwise the rebound will eat all your money.

Sorry I don't watch M5.

Hope this help. My view only.



Quoting matlobien
I don't fully understand this trade.

Can you maybe zoom in to a 5 min chart and plot the entry and exit ?

Thanks
Attached Image
  • #2,854
  • May 20, 2010 11:10am May 20, 2010 11:10am
Forget it is London closing.
Anyway, took the last short after 1st star, overall trend still down, missed the 1st get out opp. of last red star, and seems no much force to move, have 2nd chance to get out from the last bar with 13 then sharp cut
Attached Image
  • #2,855
  • May 20, 2010 11:14am May 20, 2010 11:14am
Hi MJ, have a good day?
  • #2,856
  • May 20, 2010 11:18am May 20, 2010 11:18am
Quoting Buildcity
It usually happens, when there is a big bar then retrace, if it is slow down around 50% ~ 68% (Fib), it will probably get back to original direction. but remember small sl is the key, otherwise the rebound will eat all your money.

Sorry I don't watch M5.

Hope this help. My view only.
hi City and all,
today i was very quite, tryed to play the eurjpy like you eric do but got hurt many times. This bitch is very fast and my stops was bigger then my wins most of the time, stopped to late, had a 3 pips spread and also some slippage on market orders.
So this was all in all a negative day for me.
May be better stay with eu and uc, but eu is not easy to trade theese days with all the rumors about the euro

c u all tomorrow
  • #2,857
  • May 20, 2010 11:21am May 20, 2010 11:21am
Quoting Buildcity
Nice pips Jakdan. But remember to strictly follow the small sl. otherwise this trade was chasing the price (high risk) and could be a retrace after the indecision bar. Unless you really have good reason to entry.

Always protect the momey in our pocket 1st

Edit: BTW, I don't watch UJ, so may be you have better feel on that, just my view only.
CHEERS ERIC, YOUR VIEW IS ALWAYS WELCOME,
P.S where can i get the news attachment you have in the bottom of your screen, save me keep flicking, i cant keep up with all what is going on
Stop killing our Oceans, Stop using single use plastics.
  • #2,858
  • May 20, 2010 11:31am May 20, 2010 11:31am
Hi MJ,

Yes, EJ is always like a crazy bitch all the times compare with EU (which is a nice lady). You can quickly win in a min and same as loss. So must be quick.

Doesnt matter, we should find the right pair to suit our way.

Tomorrow is better!!

Cheers
City

See you and all, today is really enough.



Quoting MJurban
hi City and all,
today i was very quite, tryed to play the eurjpy like you eric do but got hurt many times. This bitch is very fast and my stops was bigger then my wins most of the time, stopped to late, had a 3 pips spread and also some slippage on market orders.
So this was all in all a negative day for me.
May be better stay with eu and uc, but eu is not easy to trade theese days with all the rumors about the euro

c u all tomorrow
  • #2,859
  • May 20, 2010 11:42am May 20, 2010 11:42am
Hi mate,

Do a quick search for "FFCal", then you can find it



Quoting jakdan
CHEERS ERIC, YOUR VIEW IS ALWAYS WELCOME,
P.S where can i get the news attachment you have in the bottom of your screen, save me keep flicking, i cant keep up with all what is going on
  • #2,860
  • May 20, 2010 12:23pm May 20, 2010 12:23pm
When trading this method, do you always wait for the 15 minute candle to close before entry?
28 traders viewing now