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Intraday price action trend trading

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  • Post #4,101
  • Quote
  • Jul 13, 2010 2:05pm Jul 13, 2010 2:05pm
  •  Buildcity
  • Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Quoting trade price
Disliked
thats it ,you are getting it.
this is how you guys should learn.post all of guys your trades and ask each others.i will join whenever i can.dont wait for me.
with practice and errors you can become a trader.not just by watching how i trade.i can post many live trades but you will just watch.
dont trade anymore today.it will get bit nasty.
yes you can trade asian session everyday.allways look for clear direction.
all the best
regards
sho
Ignored
Guys, he really the man we should respect.
 
 
  • Post #4,102
  • Quote
  • Jul 13, 2010 8:34pm Jul 13, 2010 8:34pm
  •  khairul81
  • | Joined Mar 2010 | Status: Member | 185 Posts
You got that right BC!
Quoting Buildcity
Disliked
Guys, he really the man we should respect.
Ignored
 
 
  • Post #4,103
  • Quote
  • Jul 13, 2010 9:19pm Jul 13, 2010 9:19pm
  •  tradpat
  • | Joined Jul 2010 | Status: I LOVE MACD | 511 Posts
Quoting erikte279
Disliked
Lookie
Ignored
What is the red line MA?
What is your target?
How long to hold the trade?
P.S. I am a newbie. Sorry if my questions sound strange.
Thanks
tpat
 
 
  • Post #4,104
  • Quote
  • Jul 13, 2010 9:58pm Jul 13, 2010 9:58pm
  •  erikte279
  • | Joined Aug 2009 | Status: Member | 2,585 Posts
The MA is a 20 exponential ma, commonly used by market makers.

No target yet, this should be a swing trade although my stops are already moved to b/e.

Depends on market conditions, I'f the markets displays a will to bid price then then theres no reason to close.


Wheres waldo?



Quoting tradpat
Disliked
What is the red line MA?
What is your target?
How long to hold the trade?
P.S. I am a newbie. Sorry if my questions sound strange.
Thanks
tpat
Ignored
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Annoying Precision
 
 
  • Post #4,105
  • Quote
  • Jul 13, 2010 10:12pm Jul 13, 2010 10:12pm
  •  Buildcity
  • Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Quoting erikte279
Disliked
The MA is a 20 exponential ma, commonly used by market makers.

No target yet, this should be a swing trade although my stops are already moved to b/e.

Depends on market conditions, I'f the markets displays a will to bid price then then theres no reason to close.


Wheres waldo?
Ignored
Good spot, I trust you are in short trade, should the PA get through the downtrend line, it is no way to allow the hitting of SL, close it anyway. Am I right?
 
 
  • Post #4,106
  • Quote
  • Jul 13, 2010 10:23pm Jul 13, 2010 10:23pm
  •  erikte279
  • | Joined Aug 2009 | Status: Member | 2,585 Posts
Thats a negative sarg, long all the way at this point. Pull up a monthly chart

Quoting Buildcity
Disliked
Good spot, I trust you are in short trade, should the PA get through the downtrend line, it is no way to allow the hitting of SL, close it anyway. Am I right?
Ignored
Annoying Precision
 
 
  • Post #4,107
  • Quote
  • Jul 13, 2010 10:30pm Jul 13, 2010 10:30pm
  •  Buildcity
  • Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Quoting erikte279
Disliked
Thats a negative sarg, long all the way at this point. Pull up a monthly chart
Ignored
Ohs.... Sorry mate, I thought you are trading a longer term trade with the overall downtrend line per your chart here:

http://www.forexfactory.com/showpost...postcount=4121


City
 
 
  • Post #4,108
  • Quote
  • Jul 13, 2010 10:37pm Jul 13, 2010 10:37pm
  •  erikte279
  • | Joined Aug 2009 | Status: Member | 2,585 Posts
Na...youve gotta get some more chart time. That lined implied price was going to pullback and that you could pull some pips. Then use whatever method you have to renter into the bullish trend when applicable.

Quoting Buildcity
Disliked
Ohs.... Sorry mate, I thought you are trading a longer term trade with the overall downtrend line per your chart here:

http://www.forexfactory.com/showpost...postcount=4121


City
Ignored
Annoying Precision
 
 
  • Post #4,109
  • Quote
  • Jul 13, 2010 10:54pm Jul 13, 2010 10:54pm
  •  Buildcity
  • Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
Quoting erikte279
Disliked
Na...youve gotta get some more chart time. That lined implied price was going to pullback and that you could pull some pips. Then use whatever method you have to renter into the bullish trend when applicable.
Ignored
Cheers, that's why I'm still learning here!! lots of screen time............
 
 
  • Post #4,110
  • Quote
  • Jul 13, 2010 11:06pm Jul 13, 2010 11:06pm
  •  erikte279
  • | Joined Aug 2009 | Status: Member | 2,585 Posts
me 3, feel free too post charts with your opinions

Quoting Buildcity
Disliked
Cheers, that's why I'm still learning here!! lots of screen time............
Ignored
Annoying Precision
 
 
  • Post #4,111
  • Quote
  • Jul 14, 2010 3:25am Jul 14, 2010 3:25am
  •  jakdan
  • | Joined Apr 2010 | Status: Trade what u see, not what u think. | 629 Posts
sorry i'm bored
Stop killing our Oceans, Stop using single use plastics.
 
 
  • Post #4,112
  • Quote
  • Jul 14, 2010 3:49am Jul 14, 2010 3:49am
  •  priceaction
  • | Commercial Member | Joined Nov 2007 | 1,079 Posts
Perhaps a defining moment for many pairs today.

Rob
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  • Post #4,113
  • Quote
  • Jul 14, 2010 4:10am Jul 14, 2010 4:10am
  •  xeqter
  • | Joined Nov 2009 | Status: InnocentBystander | 131 Posts
a nice breakout continuation setup
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  • Post #4,114
  • Quote
  • Jul 14, 2010 4:49am Jul 14, 2010 4:49am
  •  newbie_fx
  • | Joined May 2010 | Status: Member | 80 Posts
Good confluence here...
Surely it wont get through this that easy...
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  • Post #4,115
  • Quote
  • Jul 14, 2010 5:20am Jul 14, 2010 5:20am
  •  MJurban
  • Joined Apr 2006 | Status: Member | 879 Posts
short EURCHF already 13 pips in profit but Trendline
With momentum, the TL will be broken, but should i take the 13 pips profit first?
What i do, i wait and give price a change.
But if winning falls back to 10 pips profit i close and take the 10 pips
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  • Post #4,116
  • Quote
  • Jul 14, 2010 5:33am Jul 14, 2010 5:33am
  •  MJurban
  • Joined Apr 2006 | Status: Member | 879 Posts
Quoting trade price
Disliked
counter trend trade
take the profit at the support.re-enter at the pull back when resistant/support goes pass.
Ignored
OK, thanks, i took profit 15 pips now at the support
 
 
  • Post #4,117
  • Quote
  • Jul 14, 2010 5:46am Jul 14, 2010 5:46am
  •  xeqter
  • | Joined Nov 2009 | Status: InnocentBystander | 131 Posts
Quoting trade price
Disliked
aud/usd probably we will get a bullish hidden divergence.+ fib
allways before the entry confirme with the price,
Ignored
i was watching aud/usd, too.. actually i wanted to go long at 0900h gmt.. but was afraid ( h1 pin to downside )
luck in hindsight..
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  • Post #4,118
  • Quote
  • Jul 14, 2010 5:58am Jul 14, 2010 5:58am
  •  xeqter
  • | Joined Nov 2009 | Status: InnocentBystander | 131 Posts
Quoting trade price
Disliked
you should percipiate at the breakout.unless you are aggresive.
for agressive player:you have to bear lots of small lossses otherwise dont trade aggresively.
with the next bearish bar pin become invalid.
Ignored

so you would recommend to wait for a break on all bars? i.e. pinbars, outsidebars and insidebars ? 'couse on page one of first thread you say we should wait for a break only on insidebars.. but you are right, i'm more conservative right now.. so please confiorm if i get it right to always wait for a break?
 
 
  • Post #4,119
  • Quote
  • Jul 14, 2010 6:05am Jul 14, 2010 6:05am
  •  rfc
  • | Joined Jul 2008 | Status: Member | 64 Posts
my trading today in the very slow market .
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  • Post #4,120
  • Quote
  • Jul 14, 2010 6:13am Jul 14, 2010 6:13am
  •  rfc
  • | Joined Jul 2008 | Status: Member | 64 Posts
Quoting trade price
Disliked
yes thats what i do.
i am agresive.even sometime i dont wait for IB to break as well.(see my last usd/jpy trade).
it all depends on your self.but my advice to all of you unless you are profitable with conservative setups dont go for agressive.
conservative entry at the breakout.(you dont have to do what i do)
if you have to be like me,you have to bear deep drawdown as well.i have got instutional background.its my nature.
Ignored
thanks sho for advice. last month my acct was burn because to much agressive. now learning and still learning.
 
 
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