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Backing Trades Thru Charts

  • #1,261
  • Jun 23, 2010 12:05pm Jun 23, 2010 12:05pm
Quoting TheLastCoke
Just entered this trade. Great RRR. Lots of patience required.

Attachment
You know I've got that.

@ 2 lots it's a 50K+ potential trade. I have it @ about 29:1 R:R. I'll check in on this baby in about 6 months
Every time you use 'hopium' in a post, God kills a kitten.
  • #1,262
  • Edited 12:47pm Jun 23, 2010 12:08pm | Edited 12:47pm
Quoting TheLastCoke
Nice, I was missing you already.....Have you seen Hell?
No, but I've been having wifi issues (heavy rains made the internet tower slide off of the top of the volcano) and seriously... trading off of my phone or from a bar. That is one thing I won't miss about Panama, except for the trading from a bar thing... that's not so bad. I'm back online now though. I'm going to be off and on for a bit until the 1st of July when I'll be in Sweden full time and back to trading normally. PM me your email so we can get started on our little venture. I have something for you.

And no, no Hell...
Every time you use 'hopium' in a post, God kills a kitten.
  • #1,263
  • Jun 23, 2010 12:08pm Jun 23, 2010 12:08pm
Quoting profxtrader
You know I've got that.

@ 2 lots it's a 50K+ potential trade. I have it @ about 29:1 R:R. I'll check in on this baby in about 6 months
what kinda stop are you guys running on that one? sry if coke already posted it...i'll go back and look through the last few pages again
  • #1,264
  • Jun 23, 2010 12:09pm Jun 23, 2010 12:09pm
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting TheLastCoke
Just entered this trade. Great RRR. Lots of patience requiered.

Attachment
Hi Coke,
Hope you are doin fine.
Been watching EUR/CHF for a while now and did also go Long just today.
We are at really extreme levels down there.

Your lower line forms a parallel channel to the UTL right?

Was lookin at the shorter timeframe charts. also nice touch of LTL here.
As well as strong bullish div. on the daily.

So what are your targets on that one?

I was lookin for the red UTL as well as the S>R levels.

Regards, Tuner
Attached Image (click to enlarge)
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"Blue Horseshoe loves Anacott Steel!"
  • #1,265
  • Jun 23, 2010 12:10pm Jun 23, 2010 12:10pm
Quoting uraceulose
what kinda stop are you guys running on that one? sry if coke already posted it...i'll go back and look through the last few pages again
I've got a fixed 100 pip stop on it as there wasn't much to use for reference on it except for the trendline.
Every time you use 'hopium' in a post, God kills a kitten.
  • #1,266
  • Jun 23, 2010 12:11pm Jun 23, 2010 12:11pm
Quoting profxtrader
I've got a fixed 100 pip stop on it as there wasn't much to use for reference on it except for the trendline.
thank you profx.

I'm gonna leave mine just below 3550 and one more just below the BRN 3500
  • #1,267
  • Jun 23, 2010 3:51pm Jun 23, 2010 3:51pm
In the interest of disclosure I have taken 3 small losses attempting to add to these positions, otherwise here's the update:

My target on the pound is still about 900 pips away, and swissy's first target is about 250 pips away (at which point I will close 1/2)

http://i50.tinypic.com/642g0i.png
  • #1,268
  • Jun 23, 2010 4:04pm Jun 23, 2010 4:04pm
Quoting Tuner
Hi Coke,
Hope you are doin fine.
Your lower line forms a parallel channel to the UTL right?
Was lookin at the shorter timeframe charts. also nice touch of LTL here.

So what are your targets on that one?
I was lookin for the red UTL as well as the S>R levels.

Regards, Tuner
Quoting uraceulose
what kinda stop are you guys running on that one? sry if coke already posted it...i'll go back and look through the last few pages again
I'll be happy to grab only 38% of the move from top to bottom of this channel. 1250 pips isn't bad at all when you risk around 50 (from lowest point).

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  • #1,269
  • Jun 23, 2010 4:07pm Jun 23, 2010 4:07pm
Quoting profxtrader
You know I've got that.

@ 2 lots it's a 50K+ potential trade. I have it @ about 29:1 R:R. I'll check in on this baby in about 6 months
Keep me updated on this one. Set & Forget.
  • #1,270
  • Jun 23, 2010 4:07pm Jun 23, 2010 4:07pm
Thanks so much TLC
  • #1,271
  • Jun 23, 2010 4:25pm Jun 23, 2010 4:25pm
Quoting TheLastCoke
Stopped Out BE + 5
EUR/USD What a shame, I was shaken out on this one #1230 , just to see it going my way. Oh well, oh well.....
  • #1,272
  • Jun 23, 2010 4:31pm Jun 23, 2010 4:31pm
1 #1245

2 #1250

Close enough, Out + 160. What a beautiful performance, Pennat paid its prize.

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  • #1,273
  • Jun 23, 2010 4:34pm Jun 23, 2010 4:34pm
Quoting Low
In the interest of disclosure I have taken 3 small losses attempting to add to these positions, otherwise here's the update:

My target on the pound is still about 900 pips away, and swissy's first target is about 250 pips away (at which point I will close 1/2)
Good trade Low, I see you are difficult to get shaken, very good job on the pound!!!
  • #1,274
  • Jun 23, 2010 5:23pm Jun 23, 2010 5:23pm
Quoting TheLastCoke
Good trade Low, I see you are difficult to get shaken, very good job on the pound!!!

Thanks TLC....yeah I'm the tortise...slow and steady. It's pretty awesome to watch you milk these charts though.
  • #1,275
  • Jun 23, 2010 6:33pm Jun 23, 2010 6:33pm
  •  Tuner
  • | Joined Nov 2009 | Status: Love it when a plan comes together | 709 Posts
Quoting TheLastCoke
I'll be happy to grab only 38% of the move from top to bottom of this channel. 1250 pips isn't bad at all when you risk around 50 (from lowest point).

Attachment
Thanks coke!
I was thinking much more short term then.
But at such a historical low I might let part of it run as well.
RRR ist really amazing on that one!
Lets see!
"Blue Horseshoe loves Anacott Steel!"
  • #1,276
  • Jun 23, 2010 6:35pm Jun 23, 2010 6:35pm
What do you guys think to go long at the touch of the utl around 1.2270 stop 1.2240 and target 1.2390-1.2400
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  • #1,277
  • Jun 23, 2010 7:00pm Jun 23, 2010 7:00pm
Quoting maximus2005
What do you guys think to go long at the touch of the utl around 1.2270 stop 1.2240 and target 1.2390-1.2400
Thanks Max for your input, this chart is based on your UTL I added a Support line and a Parallel channel, Looks nice. If we make it that low, I got +-.2255 as an entry point.

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  • #1,278
  • Jun 23, 2010 7:02pm Jun 23, 2010 7:02pm
Quoting trade price
eur/usd 1 hour TF
Sorry You posted it already. Got it be something!!!!

Nice to have you here.
  • #1,279
  • Jun 23, 2010 7:12pm Jun 23, 2010 7:12pm
Quoting Tuner
Thanks coke!
I was thinking much more short term then.
But at such a historical low I might let part of it run as well.
RRR ist really amazing on that one!
Lets see!
23% is not bad either, let's see what PA has to say (if) at those levels.
  • #1,280
  • Jun 23, 2010 8:08pm Jun 23, 2010 8:08pm
Quoting TheLastCoke
USD/CAD retesting TL

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USD/CAD half way my T1 +50 so far, SL at BE

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