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Andrews Pitchfork (Median Line)

  • #2,081
  • Jun 8, 2010 11:14am Jun 8, 2010 11:14am
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  • #2,082
  • Jun 8, 2010 11:14am Jun 8, 2010 11:14am
I watch again usd/jpy 5 min time frame for a sell, pending order is in place and now lets see if i get something or stop me out.
Attached Image (click to enlarge)
Click to Enlarge Name: usd_jpy_5_min_pending_sell2010-06-08_1812.png Size: 44 KB
  • #2,083
  • Jun 8, 2010 11:27am Jun 8, 2010 11:27am
Quoting justcatalin
I watch again usd/jpy 5 min time frame for a sell, pending order is in place and now lets see if i get something or stop me out.
I cancel my order and i will wait for a test and retest because the market dint give me a quick entry.
I will look if i get a test and retest for an entry.

But in the same time i get buy on eur/jpy 5 min time frame.
Small risk and big reward.
Lets see what we get.
Please dont take my trades as market signals.
Attached Image (click to enlarge)
Click to Enlarge Name: eur_jpy_2010-06-08_1826.png Size: 36 KB
  • #2,084
  • Jun 8, 2010 11:44am Jun 8, 2010 11:44am
Quoting justcatalin
I cancel my order and i will wait for a test and retest because the market dint give me a quick entry.
I will look if i get a test and retest for an entry.

But in the same time i get buy on eur/jpy 5 min time frame.
Small risk and big reward.
Lets see what we get.
Please dont take my trades as market signals.
+22 pips and i move my stop at B/E

Lets see what i get
  • #2,085
  • Jun 8, 2010 11:56am Jun 8, 2010 11:56am
USD JPY seems to change the direction so now i just watch if i get something latter
I just have to manage my eur jpy
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usd_jpy_change_2010-06-08_1854.png Size: 33 KB
Click to Enlarge Name: eur_jpy_manage2010-06-08_1856.png Size: 37 KB
  • #2,086
  • Jun 8, 2010 12:16pm Jun 8, 2010 12:16pm
Quoting justcatalin
USD JPY seems to change the direction so now i just watch if i get something latter
I just have to manage my eur jpy
Out at BE on eur jpy

Next one
  • #2,087
  • Jun 8, 2010 12:17pm Jun 8, 2010 12:17pm
I ditched the previous chart I posted because another beauty caught my eye.

Nice energy point coming up. Will look to see if it gives direction in price.
Attached Image (click to enlarge)
Click to Enlarge Name: 15MIN UJ.GIF Size: 53 KB
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #2,088
  • Jun 8, 2010 12:19pm Jun 8, 2010 12:19pm
Lets se if i can get something on this setup on eur jpy same time frame 5 min
Attached Image (click to enlarge)
Click to Enlarge Name: eur_jpy_next_2010-06-08_1917.png Size: 42 KB
  • #2,089
  • Jun 8, 2010 12:59pm Jun 8, 2010 12:59pm
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  • #2,090
  • Jun 8, 2010 1:11pm Jun 8, 2010 1:11pm
ok im out i have to watch the premium session
Maybe after that i can find some trades.

Catalin
  • #2,091
  • Jun 8, 2010 4:19pm Jun 8, 2010 4:19pm
Ok im back for one hour if i can find something
In case i sleep please watch this one
Attached Image (click to enlarge)
Click to Enlarge Name: usd_jpy_watch_2010-06-08_2319.png Size: 43 KB
  • #2,092
  • Jun 8, 2010 4:26pm Jun 8, 2010 4:26pm
Mini AML's for scalping...current trade working well. Time will tell if the night shift will help push it up a bit further or not but moving the stop up as the trade progresses.
Attached Image (click to enlarge)
Click to Enlarge Name: EU-06-08-10-M15.jpg Size: 241 KB
Listen to the whispers.... You may learn something
  • #2,093
  • Jun 8, 2010 4:48pm Jun 8, 2010 4:48pm
Hello Traders,

Definitely a sideways day as shown by the large dark red fork. A few pips were possible scalping here and there.

Chart is what I am looking at to see what the Asian session would add in preparation for the London session.

Take your time...plan carefully before executing

Bye for now,
Attached Image (click to enlarge)
Click to Enlarge Name: Pre-AsianSessionJune8.jpg Size: 138 KB
Trade what you see, not what you think or feel. Let the market come to you.
  • #2,094
  • Jun 8, 2010 4:54pm Jun 8, 2010 4:54pm
Quoting Scrutch
Mini AML's for scalping...current trade working well. Time will tell if the night shift will help push it up a bit further or not but moving the stop up as the trade progresses.
Nice trade....
I wish to have time like you guys so i can post every day but who knows.....from tomorrow i can be away 3 months
Anyway we will be on Marketgeometry or Forexfactory

Catalin
  • #2,095
  • Jun 8, 2010 5:25pm Jun 8, 2010 5:25pm
Thanks Catalin,
Asian traders missed my stop by 1.5, they must not be paying attention and now it's pushing up again. I expect a bit of consolidation here before anything major happens and minor news in about 35min.

This was another scalping trade that gave some nice pips by managing the trade, course you're not always able to do that. Original target was +10 which happened on the bar after entry...but that bar closed on the high so I moved me stop up to BE+ and began taking profits and moving the stop up.

started the management
Quoting justcatalin
Nice trade....
I wish to have time like you guys so i can post every day but who knows...
Catalin
Listen to the whispers.... You may learn something
  • #2,096
  • Jun 8, 2010 5:37pm Jun 8, 2010 5:37pm
Quoting Scrutch
Thanks Catalin,
Asian traders missed my stop by 1.5, they must not be paying attention and now it's pushing up again. I expect a bit of consolidation here before anything major happens and minor news in about 35min.

This was another scalping trade that gave some nice pips by managing the trade, course you're not always able to do that. Original target was +10 which happened on the bar after entry...but that bar closed on the high so I moved me stop up to BE+ and began taking profits and moving the stop up.

started the management
Dont worry about scalping
Scalp when you can if you have a stop
This is how you learn ..... practice and practice but i hope with real money even if its 1 cent per pips.
Its better to do with money than with demo.

Take care im go to bed.

I will be back tomorrow.

Catalin
  • #2,097
  • Jun 8, 2010 5:40pm Jun 8, 2010 5:40pm
Interesting, these Andrew's Pitchforks.
  • #2,098
  • Jun 8, 2010 5:46pm Jun 8, 2010 5:46pm
Way to go Scrutch!
Trade what you see, not what you think or feel. Let the market come to you.
  • #2,099
  • Jun 8, 2010 5:49pm Jun 8, 2010 5:49pm
Hello Leche Mocha,

Interesting signature. What do you use to trade with now, if I may ask?

Quoting Leche Mocha
Interesting, these Andrew's Pitchforks.
Trade what you see, not what you think or feel. Let the market come to you.
  • #2,100
  • Jun 9, 2010 9:06am Jun 9, 2010 9:06am
Thanks FX4N...
EU continues to push up, for the moment. Sidelines for me now to let the news get digested, although it appears that it hasn't had much impact...yet.
Quoting FX4Newbies
Way to go Scrutch!
Attached Image (click to enlarge)
Click to Enlarge Name: EU-06-09-10-M15.jpg Size: 266 KB
Listen to the whispers.... You may learn something
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