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Intraday price action trend trading

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  • Post #3,641
  • Quote
  • Jun 23, 2010 7:54am Jun 23, 2010 7:54am
  •  Buildcity
  • Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
I'm in both in short....... see how far it goes.....

GU sl move to BE, no loss, currently with 9
EJ at BE position
 
 
  • Post #3,642
  • Quote
  • Jun 23, 2010 8:04am Jun 23, 2010 8:04am
  •  rfc
  • | Joined Jul 2008 | Status: Member | 64 Posts
Quoting Buildcity
Disliked
I'm in both in short....... see how far it goes.....

GU sl move to BE, no loss, currently with 9
EJ at BE position
Ignored

same here bro i'm short EJ & EU and all move SL to BEP +1
Attached Images
 
 
  • Post #3,643
  • Quote
  • Edited 9:52am Jun 23, 2010 8:12am | Edited 9:52am
  •  Buildcity
  • Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Quoting rfc
Disliked
same here bro i'm short EJ & EU and all move SL to BEP +1
Ignored
Pretty good man... my GU, I'm sure the price has touched my TP (right above the r/n) but didnt fill!!

For EJ, under pressure

Edit: the GU didnt work out, BE 0!!
For EJ ... still under pressure...., my sl is above 110.84, should be a resistance here.
 
 
  • Post #3,644
  • Quote
  • Jun 23, 2010 8:29am Jun 23, 2010 8:29am
  •  rfc
  • | Joined Jul 2008 | Status: Member | 64 Posts
Quoting Buildcity
Disliked
Pretty good man... my GU, I'm sure the price has touched my TP (right above the r/n) but didnt fill!!

For EJ, under pressure

Edit: the GU didnt work out, BE 0!!
For EJ ... still under pressure...., my sl is above 110.48, should be a resistance here.
Ignored

yup my EU was hit SL BEP +1 now hopping EJ will down more.
 
 
  • Post #3,645
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  • Jun 23, 2010 8:43am Jun 23, 2010 8:43am
  •  rfc
  • | Joined Jul 2008 | Status: Member | 64 Posts
Quoting rfc
Disliked
yup my EU was hit SL BEP +1 now hopping EJ will down more.
Ignored
out EJ +27 pip... waiting for another entry
 
 
  • Post #3,646
  • Quote
  • Jun 23, 2010 9:07am Jun 23, 2010 9:07am
  •  Buildcity
  • Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Quoting rfc
Disliked
out EJ +27 pip... waiting for another entry
Ignored
Great mate, my EJ is still in (2 shorts now but trapped), but the trend is still in downward, and the top resistance (110.84) didnt break, lets wait and see.......take me ages
 
 
  • Post #3,647
  • Quote
  • Edited 9:40am Jun 23, 2010 9:38am | Edited 9:40am
  •  Buildcity
  • Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Quoting Buildcity
Disliked
Great mate, my EJ is still in (2 shorts now but trapped), but the trend is still in downward, and the top resistance (110.84) didnt break, lets wait and see.......take me ages
Ignored
Really long to take these
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  • Post #3,648
  • Quote
  • Jun 23, 2010 9:58am Jun 23, 2010 9:58am
  •  rfc
  • | Joined Jul 2008 | Status: Member | 64 Posts
Quoting Buildcity
Disliked
Really long to take these
Ignored
wow nice entry mate very aggressive trade. i must learn patience from you.
happy pips
 
 
  • Post #3,649
  • Quote
  • Jun 23, 2010 10:04am Jun 23, 2010 10:04am
  •  Buildcity
  • Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Quoting rfc
Disliked
wow nice entry mate very aggressive trade. i must learn patience from you.
happy pips
Ignored
No man, I have no patience at all, but the top resistance gave me good confidence to stay longer. I used to play short term trade but today got some influence from Rob (Price Action) then I tried to stay a bit more. But it didnt work (on the last GU trade), so I better stay what work for me.

Happy trading, too late to home now, see you all an hr later.

City
 
 
  • Post #3,650
  • Quote
  • Jun 23, 2010 10:13am Jun 23, 2010 10:13am
  •  priceaction
  • | Commercial Member | Joined Nov 2007 | 1,079 Posts
Quoting Buildcity
Disliked
No man, I have no patience at all, but the top resistance gave me good confidence to stay longer. I used to play short term trade but today got some influence from Rob (Price Action) then I tried to stay a bit more. But it didnt work (on the last GU trade), so I better stay what work for me.

Happy trading, too late to home now, see you all an hr later.

City
Ignored
Eric you dare devil
The market has been a bit dull for the last 3 or 4 hours for my liking. As if it was just preparing for news so I was on the sidelines.

Let's see if that "worse on record" new home sales figure causes a late negative reaction on the USD.

Rob
 
 
  • Post #3,651
  • Quote
  • Jun 23, 2010 10:14am Jun 23, 2010 10:14am
  •  xeqter
  • | Joined Nov 2009 | Status: InnocentBystander | 131 Posts
hi guys..

wouldn't this be a a+ setup where we should have entered?
maybe i'm wrong but in the last days/weeks i so this setup failing quite often... any comments appreciated!

cheers!
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  • Post #3,652
  • Quote
  • Jun 23, 2010 10:27am Jun 23, 2010 10:27am
  •  priceaction
  • | Commercial Member | Joined Nov 2007 | 1,079 Posts
Quoting priceaction
Disliked
Eric you dare devil
The market has been a bit dull for the last 3 or 4 hours for my liking. As if it was just preparing for news so I was on the sidelines.

Let's see if that "worse on record" new home sales figure causes a late negative reaction on the USD.

Rob
Ignored
Not with the 15 min trend, but it is with the 1hr (if you look at the Keltners) ...and an interesting fib zone too.
Let's see how the 1hr bar closes.

Rob
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  • Post #3,653
  • Quote
  • Jun 23, 2010 10:34am Jun 23, 2010 10:34am
  •  priceaction
  • | Commercial Member | Joined Nov 2007 | 1,079 Posts
Quoting xeqter
Disliked
hi guys..

wouldn't this be a a+ setup where we should have entered?
maybe i'm wrong but in the last days/weeks i so this setup failing quite often... any comments appreciated!

cheers!
Ignored
Hi Xeqter,

In my view, it was a valid entry but I didn't see a lot of flowing movement in the market after about 11am London time. I put that down to the major news that was due out today so I felt it was prudent to steer clear and preserve my earlier profits.

Plus, just last weekend I introduced a new trading rule for myself which is "no trading between 11am and 2pm London time due to lower volume (in general).

Perhaps Eric or Sho can add some more.

Rob
 
 
  • Post #3,654
  • Quote
  • Jun 23, 2010 11:04am Jun 23, 2010 11:04am
  •  Buildcity
  • Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Quoting priceaction
Disliked
Eric you dare devil
The market has been a bit dull for the last 3 or 4 hours for my liking. As if it was just preparing for news so I was on the sidelines.

Let's see if that "worse on record" new home sales figure causes a late negative reaction on the USD.

Rob
Ignored
Just make some jokes as the market is so boring 2 hrs ago, hope you dont mind
 
 
  • Post #3,655
  • Quote
  • Jun 23, 2010 11:05am Jun 23, 2010 11:05am
  •  priceaction
  • | Commercial Member | Joined Nov 2007 | 1,079 Posts
Quoting Buildcity
Disliked
Just make some jokes as the market is so boring 2 hrs ago, hope you dont mind
Ignored
Ha ha ...of course not mate
 
 
  • Post #3,656
  • Quote
  • Jun 23, 2010 11:14am Jun 23, 2010 11:14am
  •  Buildcity
  • Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Quoting priceaction
Disliked
Hi Xeqter,

Plus, just last weekend I introduced a new trading rule for myself which is "no trading between 11am and 2pm London time due to lower volume (in general).

Perhaps Eric or Sho can add some more.

Rob
Ignored
Rob and others,

Due to my official working time restriction, I can only trade starting from 12 noon London the earliest, but I do agree with you that the market force is rather low during 11 - 14 London comparatively. Having said that, this period is much more better than Asia opening. So I will still go for this if a setup is right for me.

My sharing.
City
 
 
  • Post #3,657
  • Quote
  • Jun 23, 2010 12:43pm Jun 23, 2010 12:43pm
  •  Buildcity
  • Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
See pic.......
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Size: 42 KB
 
 
  • Post #3,658
  • Quote
  • Jun 23, 2010 12:49pm Jun 23, 2010 12:49pm
  •  Buildcity
  • Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
See Pic
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Size: 53 KB
 
 
  • Post #3,659
  • Quote
  • Jun 24, 2010 6:24am Jun 24, 2010 6:24am
  •  priceaction
  • | Commercial Member | Joined Nov 2007 | 1,079 Posts
This is my last trade until next Tuesday as I'm going away.

I caught two very good moves on GBPUSD & EURGBP this morning. Now here's my final trade of the week off the 15 min pin with the trend. Let's see how it pans out - 2hrs before the major US news today. As Eric would perhaps say; "a classic Sho set-up".

Good luck and trade with care today guys.

Rob
Attached Image (click to enlarge)
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Name: GBPUSD 15 Min 24 june.jpg
Size: 58 KB
 
 
  • Post #3,660
  • Quote
  • Jun 24, 2010 6:42am Jun 24, 2010 6:42am
  •  priceaction
  • | Commercial Member | Joined Nov 2007 | 1,079 Posts
Quoting priceaction
Disliked
This is my last trade until next Tuesday as I'm going away.

I caught two very good moves on GBPUSD & EURGBP this morning. Now here's my final trade of the week off the 15 min pin with the trend. Let's see how it pans out - 2hrs before the major US news today. As Eric would perhaps say; "a classic Sho set-up".

Good luck and trade with care today guys.

Rob
Ignored
Short lived and stopped out for a 15 pip loss.

I could have closed the trade for about a 14 pip profit, but I waited and this time I lost.

OK that's it for me guys. I wish you safe and profitable trading.

Rob
 
 
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