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Trend Trading Chart Thread

  • #1,941
  • Aug 6, 2010 8:54am Aug 6, 2010 8:54am
I think the NFP numbers have been good to us on eu, jumped 100+
  • #1,942
  • Aug 6, 2010 9:56am Aug 6, 2010 9:56am
what are your stops? i have had a so so week

Quoting bez3000
I think the NFP numbers have been good to us on eu, jumped 100+
  • #1,943
  • Aug 6, 2010 10:57am Aug 6, 2010 10:57am
Quoting coolshades
commander,

when you do these P.A trades, how do you move your sl? would you have moved your sl to be now + some profit locking on this pa trade?
With my PA trades I tend to take half off at the first area of s/r and move stop to BE and
trail on the rest - assuming with trend. If it's
countertrend I'll close the lot at the first target.
  • #1,944
  • Aug 6, 2010 1:46pm Aug 6, 2010 1:46pm
so you will take half off eurcad at 3690?

Quoting DanUK
With my PA trades I tend to take half off at the first area of s/r and move stop to BE and
trail on the rest - assuming with trend. If it's
countertrend I'll close the lot at the first target.
  • #1,945
  • Aug 7, 2010 4:39am Aug 7, 2010 4:39am
Quoting coolshades
so you will take half off eurcad at 3690?
Well I went a little more conservative than that on this occasion... I took half off at 1.3550 and have moved my stop to BE on the rest.

A chart that shows my reasoning for 1.3550...
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_CAD_2010-08-07_001.png Size: 38 KB
  • #1,946
  • Aug 7, 2010 7:09am Aug 7, 2010 7:09am
Hi All,
Been on holiday this week, so not posting much.
E/C nice day candle and nice news trade also U/C
Will be looking for some good trades this week.
Also like the look of G/CHF for long entry on monday target 1.7100ish.
Your feedback is welcome.
  • #1,947
  • Aug 8, 2010 10:28am Aug 8, 2010 10:28am
Hi Dan,
Checking the U/C weekly and day chart, there is a very nice bull pin bar.
What do you think?
CP
  • #1,948
  • Aug 8, 2010 3:16pm Aug 8, 2010 3:16pm
pin bar on weekly not on daily for me

Quoting crazzypip
Hi Dan,
Checking the U/C weekly and day chart, there is a very nice bull pin bar.
What do you think?
CP
  • #1,949
  • Aug 8, 2010 4:22pm Aug 8, 2010 4:22pm
Hi Coolshades,
I am on Oanda and mt4, both show day pin bars.
Sorry mate, what is your platform?
CP
  • #1,950
  • Aug 9, 2010 2:40am Aug 9, 2010 2:40am
Quoting crazzypip
Hi Dan,
Checking the U/C weekly and day chart, there is a very nice bull pin bar.
What do you think?
CP
Hi CP,

The daily pin played out well... looking at the weekly I would say it looks good and might be a sign of price going up to 1.0500, maybe higher. But I it is running into some heavy traffic around 1.0350/1.0400 area so if you do take it be cautious of that!

Regards,

Dan
  • #1,951
  • Aug 9, 2010 6:42am Aug 9, 2010 6:42am
Thanks Dan,
I will keep this in mind.
CP
  • #1,952
  • Aug 9, 2010 6:58am Aug 9, 2010 6:58am
I have seen some discussion about who see's pb's and those that don't have them. I did a study about 1 year ago (I was spending alot of time in J16). It seems that even if you are in the same time zone, your broker/platform may be in a different time zone, or you might be set to GMT. Hope it helps with the PB mysteries.

~~~~
One thing I have noticed in J16, is the number of people from all over the globe and the difference in the charts. A pb might show on some charts but not on others. The chart below might better explain to the how and why of this.

This chart is a daily chart using 2 days of 1 minute data from 1/13/2009 time shifted by 1 hour increments to represent what users would see on close of daily by their time zone around the world and the difference in shape.
~~~~
http://cdn.forexfactory.com/attachme...1&d=1235921287
  • #1,953
  • Aug 9, 2010 7:06am Aug 9, 2010 7:06am
i had a bullish pb on ucad on 5th aug. pity i didnt take it.
i am on fxpro MT4 , which is gmt + 3.

Quoting Fx_Genius
I have seen some discussion about who see's pb's and those that don't have them. I did a study about 1 year ago (I was spending alot of time in J16). It seems that even if you are in the same time zone, your broker/platform may be in a different time zone, or you might be set to GMT. Hope it helps with the PB mysteries.

~~~~
One thing I have noticed in J16, is the number of people from all over the globe and the difference in the charts. A pb might show on some charts but not on others. The chart below might better explain to the how and why of...
  • #1,954
  • Aug 9, 2010 9:37am Aug 9, 2010 9:37am
Thanks fx Genius,
Thats interesting.
I have taken a long on U/C, this has a 180 sl under the day pin. I will hold this trade for for some weeks if it goes well.

CP
  • #1,955
  • Aug 10, 2010 12:16pm Aug 10, 2010 12:16pm
anyone at 5800?
  • #1,956
  • Aug 10, 2010 12:18pm Aug 10, 2010 12:18pm
Quoting coolshades
anyone at 5800?
Looking for bigger pull back to 5600.
  • #1,957
  • Aug 10, 2010 1:11pm Aug 10, 2010 1:11pm
Coolshades,

I have a resting order at 1.5800.

regards, JoelD
  • #1,958
  • Aug 10, 2010 4:16pm Aug 10, 2010 4:16pm
yes, same here, triggered and moved to be already. free trade now.

Quoting JoelD
Coolshades,

I have a resting order at 1.5800.

regards, JoelD
  • #1,959
  • Aug 11, 2010 5:15am Aug 11, 2010 5:15am
Trendy thoughts... looking for G/U to trade at 1.5500 (long). EU might be a good entry at 1.3000 for those looking to get long?
  • #1,960
  • Aug 11, 2010 5:32am Aug 11, 2010 5:32am
Quoting DanUK
Trendy thoughts... looking for G/U to trade at 1.5500 (long). EU might be a good entry at 1.3000 for those looking to get long?
I have been waiting for 1.6000 on GU.
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