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Attachments: my trade
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my trade

  • #361
  • Jun 15, 2010 9:17pm Jun 15, 2010 9:17pm
compression forming 10 sec chart eur 1.2314 im long
  • #362
  • Jun 15, 2010 9:20pm Jun 15, 2010 9:20pm
stop at 2310 , risking 4 pips
  • #363
  • Jun 15, 2010 9:24pm Jun 15, 2010 9:24pm
got to go! i close position -1pip, ciao!
  • #364
  • Jun 15, 2010 9:42pm Jun 15, 2010 9:42pm
went short @0.8634 on m5
Attached Image (click to enlarge)
Click to Enlarge Name: aududs.GIF Size: 179 KB
  • #365
  • Jun 15, 2010 9:50pm Jun 15, 2010 9:50pm
quality is poor. i use PrintScreen key and paste cripboard image to paint. yours look clearer/better. what method/tool do you use?
  • #366
  • Jun 16, 2010 12:39am Jun 16, 2010 12:39am
Firstly, i'm sorry because i am a newbie, so i don't know why i can't post new thread. My E isn't good , but i want to learn how to trade forex.
I can see that almost people in forum like to trade forex which isn't with usd. For example: GBP/ JPY or GBP/ EUR, but people don't like trading EUR/USD or GBP/ USD. Why???
My trading for GBP/USD today is : sell 1.4797, TP : 1.4745, SL : 1.4840.
But i think that today GBP/USD will rise. Buy for longterm : 1.4731, TP : 1.4840, SL: 1.4684.
Thanks
  • #367
  • Edited 2:55am Jun 16, 2010 2:43am | Edited 2:55am
Quoting nancybenniti
Firstly, i'm sorry because i am a newbie, so i don't know why i can't post new thread. My E isn't good , but i want to learn how to trade forex.
I can see that almost people in forum like to trade forex which isn't with usd. For example: GBP/ JPY or GBP/ EUR, but people don't like trading EUR/USD or GBP/ USD. Why???
My trading for GBP/USD today is : sell 1.4797, TP : 1.4745, SL : 1.4840.
But i think that today GBP/USD will rise. Buy for longterm : 1.4731, TP : 1.4840, SL: 1.4684.
Thanks
Hi nancy,

Most traded are major currencies: USD, JPY, EUR and GBP. Go see active threads and you will find how active people trade these. You are on the right track http://cdn.forexfactory.com/images/icons/icon14.gif

This thread is benny's from Austraria, and I am from Japan. We are more or less in the same time zone. I am learning a very short term scalping that I want to master.

You are a longer term trader...

All the best,
Akira
  • #368
  • Jun 16, 2010 7:07am Jun 16, 2010 7:07am
http://img444.imageshack.us/img444/6476/fasti.png

the slope cut the price line perfectly and im in and out fast
  • #369
  • Jun 16, 2010 7:12am Jun 16, 2010 7:12am
Quoting RisingSun
quality is poor. i use PrintScreen key and paste cripboard image to paint. yours look clearer/better. what method/tool do you use?
same as you and editing with "microsoft office picture manager"
  • #370
  • Jun 16, 2010 7:26am Jun 16, 2010 7:26am
Hi Akira, just an idea.

http://img196.imageshack.us/img196/4886/akirao.png
  • #371
  • Jun 16, 2010 7:28am Jun 16, 2010 7:28am
im watching soccer at the moment spain vs swissy = eur/chf lol
  • #372
  • Jun 16, 2010 7:43am Jun 16, 2010 7:43am
http://img692.imageshack.us/img692/3558/2310.png

the minute you enter, get ready to get out immedeatly as under 1 minute chart you dont have time to do anything else
  • #373
  • Jun 16, 2010 9:06am Jun 16, 2010 9:06am
held positions too long, maybe. will try 5 sec, 10 sec when market is active tomorrow. good night!
Attached Image (click to enlarge)
Click to Enlarge Name: audusd_.PNG Size: 106 KB
  • #374
  • Jun 16, 2010 6:36pm Jun 16, 2010 6:36pm
yes the swissy won 1-0

http://img580.imageshack.us/img580/7880/setupc.png

remember do not over trade, find the set up you like, anytime frame is ok as long as you are comfy with the risk(stop loss).

no set up no trade! very simple and no trade is breakeven trade
pic above is my prefer set up but many scalpers who use this tool(mma) has different set up. the source http://www.elitescalper.com/

learn - practice and share !
  • #375
  • Jun 16, 2010 7:34pm Jun 16, 2010 7:34pm
the heart beat is pumping fast

http://img143.imageshack.us/img143/362/eu1.png

and ready to get out
  • #376
  • Jun 16, 2010 7:38pm Jun 16, 2010 7:38pm
the spread 0.9 , watch the the slope of the mma(multiple moving average) and the price action(the line chart)!

and mow formed compression and the price line space is only 2pips, take the risk!
  • #377
  • Jun 16, 2010 7:53pm Jun 16, 2010 7:53pm
http://img444.imageshack.us/img444/7275/56552222.png
  • #378
  • Jun 16, 2010 8:00pm Jun 16, 2010 8:00pm
open 5 minute chart price range between 2280 - 2260, wait for set up forming (the slope + price action) and milk few pips and done or lost few pips.

no set up no trade!
  • #379
  • Jun 16, 2010 8:05pm Jun 16, 2010 8:05pm
hmm i've been couple hours infront of this pc and only got few trades, have a break and see you all tonite, Ciao!
  • #380
  • Jun 16, 2010 8:09pm Jun 16, 2010 8:09pm
hi akira , please take the screen short on eur/usd 10 sec chart now ,thats beautifull "mma slope" to analyse, ciao!
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