Intraday price action trend trading | Page 245 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

MultiTimeFrame Trend Trading with Price Action 242 replies

Any Recommendations on Learning Intraday Price Action Trading 5 replies

Price Pattern Notifications/Trend Alert Price Action Scanner 7 replies

Trend following intraday breakout - my trading journal 11 replies

intraday trend trading with price action 2,063 replies

Attachments: Intraday price action trend trading
Exit Attachments

Intraday price action trend trading

  • #4,881
  • Aug 5, 2010 2:43am Aug 5, 2010 2:43am
Quoting matlobien
Morning Dave.

Learned a little trick from Eric.

Waited till price went back to round number and bounced off it in direction of trend.

Caught 15

Thanks for the tip mate. Which pair was that on?
Well done by the way.
  • #4,882
  • Aug 5, 2010 2:51am Aug 5, 2010 2:51am
Quoting Xpsb
CT Trade? In my view Momentum was indicating Short. Although USD/CAD now at a daily demand zone.

What I do after a failed trade take a copy of the chart and analyse my trades at the end of the day to see if I did any thing wrong.

Important to remember you can have good trades that fail & Bad ones that win. Iradicate the bad trades and you will Profit
Thanks mate, i already recognise mistake, was to stingy, and didn't manage trade, when it was on down trend.
  • #4,883
  • Aug 5, 2010 2:54am Aug 5, 2010 2:54am
Quoting Sutts
Thanks for the tip mate. Which pair was that on?
Well done by the way.
GU
  • #4,884
  • Aug 5, 2010 3:01am Aug 5, 2010 3:01am
EJ also going strong after DB with divergence and then a 123 with pin bar break up.
  • #4,885
  • Aug 5, 2010 4:36am Aug 5, 2010 4:36am
Hi 786,

You were correct in predicting GU upward movement.., congrats.
  • #4,886
  • Aug 5, 2010 5:38am Aug 5, 2010 5:38am
Quoting trade price
before entering or reversing the position allways confirme with the price action.

one Gu chart attached.also see post #2058 to understand better.
good luck guys/girls

Thanks Sho, now i see where i fall.
  • #4,887
  • Edited 8:16am Aug 5, 2010 5:48am | Edited 8:16am
Sho, i think i remember your words of saying that the brokers like to play with the little guys like us in times of low volatility... maybe this is an example because price first broke to the upper side of the insidebar, then broke the lower side, so all longs were stopped out and short trades are triggered, then price went up again.. I only took the short with the momentum to downside.. so stopped out once...

would really like to hear your point on this..

edit: certainly all comments are welcome.. but like you know.. Sho is the master !
Attached Image
  • #4,888
  • Aug 5, 2010 6:29am Aug 5, 2010 6:29am
Hi Sho,

Thanks a lot for this eye opener and i now know why you are successful. You work with great detail and you remember things very well (u directed to a post that was put by you long ago), which was almost similar to today's condition.
  • #4,889
  • Edited Aug 6, 2010 3:11am Aug 5, 2010 7:13am | Edited Aug 6, 2010 3:11am
What happen at GU:

Attachment
Attachment
  • #4,890
  • Aug 5, 2010 7:28am Aug 5, 2010 7:28am
Quoting xeqter
Sho, i think i remember your words of saying that the brokers like to play with the little guys like us in times of low valatility... maybe this is an example because price first broke to the upper side of the insidebar, then broke the lower side, so all longs were stopped out and short trades are triggered, the price went up again.. I only took the short with the momentum to downside.. so stopped out once...

would really like to hear your point on this..

edit: certainly all comments are welcome.. but like you know.....
Hi Xeqter,
I am not sure if that was broker cleaning time our stops.Could be some of big boys try to buy cheaper.What time was it?
  • #4,891
  • Aug 5, 2010 8:17am Aug 5, 2010 8:17am
Quoting Fxfighter
Hi Xeqter,
I am not sure if that was broker cleaning time our stops.Could be some of big boys try to buy cheaper.What time was it?
it happened at 0700h gmt
  • #4,892
  • Edited 9:25am Aug 5, 2010 9:02am | Edited 9:25am
Short AUDJPY

UPDATE: Out -4
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-08-05_1001AUDJPY.png Size: 78 KB
  • #4,893
  • Aug 5, 2010 9:06am Aug 5, 2010 9:06am
Another nice trade
Attached Image (click to enlarge)
Click to Enlarge Name: another trade 3.gif Size: 22 KB
  • #4,894
  • Aug 5, 2010 9:08am Aug 5, 2010 9:08am
Short this two pair.
GU hit TP. EU still in the trade.
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-08-05_2201.jpg Size: 195 KB
  • #4,895
  • Aug 5, 2010 9:09am Aug 5, 2010 9:09am
Nice One JJ

Quoting jj7000
Another nice trade
  • #4,896
  • Aug 5, 2010 9:10am Aug 5, 2010 9:10am
my trades..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: uc.gif Size: 15 KB
Click to Enlarge Name: gu.gif Size: 17 KB
Click to Enlarge Name: eu.gif Size: 16 KB
  • #4,897
  • Aug 5, 2010 9:14am Aug 5, 2010 9:14am
Perfect Sho's setup A++++++++++++++++++++++++++++

Loads of people here caught this
Attached Image
  • #4,898
  • Aug 5, 2010 9:26am Aug 5, 2010 9:26am
lucky day i think..
Attached Image (click to enlarge)
Click to Enlarge Name: au.gif Size: 18 KB
  • #4,899
  • Aug 5, 2010 9:30am Aug 5, 2010 9:30am
Quoting TheRoper
Nice One JJ

Thanks roper,


I got +12 on pound , and a small loss -5 pip loss USD/JPY which should have been a B/E trade, but I needed to go to bathroom
  • #4,900
  • Aug 5, 2010 9:32am Aug 5, 2010 9:32am
LOL, don't you hate that. Looks like everyone's got some good pips today

Quoting jj7000
Thanks roper,


I got +12 on pound , and a small loss -5 pip loss USD/JPY which should have been a B/E trade, but I needed to go to bathroom
0 traders viewing now