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From Timex to Rolex via Forex/Igrok style

  • #481
  • Oct 13, 2010 5:55am Oct 13, 2010 5:55am
Quoting Mr.C
Possible comb on loonie.
Position opened and running with small floating profit. Moved SL to b/e. Possible TP at ~1.00.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad_101013_m30.gif Size: 23 KB
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  • #482
  • Oct 13, 2010 8:04pm Oct 13, 2010 8:04pm
Quoting Mr.C
Position opened and running with small floating profit. Moved SL to b/e. Possible TP at ~1.00.
Trade closed at 1.0006 for 90 pips (6%) profit. R:R - 1:6.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad_101013_m15.gif Size: 22 KB
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  • #483
  • Oct 17, 2010 10:24pm Oct 17, 2010 10:24pm
Quoting Mr.C
Building nicely. There was an entry point already.
The candy gave its profit. Diamonds safest entry point marked.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: usdcad_101017_h1.gif Size: 28 KB
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  • #484
  • Oct 19, 2010 7:10pm Oct 19, 2010 7:10pm
#20.6 trade on USD/CHF: half position closed for 110 pips (ADR) the rest left running with SL at b/e. AWR as a possible TP now.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf_101019_m15.gif Size: 22 KB
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  • #485
  • Oct 20, 2010 8:16pm Oct 20, 2010 8:16pm
Quoting Mr.C
#20.6 trade on USD/CHF: half position closed for 110 pips (ADR) the rest left running with SL at b/e. AWR as a possible TP now.
Stopped out at b/e with the rest. Total trade profit 1.5%.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #486
  • Oct 20, 2010 9:27pm Oct 20, 2010 9:27pm
Trade plan on U/J with SL of ~10 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy_101019_m30.gif Size: 24 KB
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  • #487
  • Oct 21, 2010 3:45am Oct 21, 2010 3:45am
Hi C.,

if SL for long would be broken, that would mean taking short order ?

Also, if price would touch resistance line as third touch - that would mean to take short ?



Thanks.

Best,
Tom



Quoting Mr.C
Trade plan on U/J with SL of ~10 pips.
  • #488
  • Oct 21, 2010 5:07am Oct 21, 2010 5:07am
Quoting tfflyer
Hi C.,

if SL for long would be broken, that would mean taking short order ?

Also, if price would touch resistance line as third touch - that would mean to take short ?



Thanks.

Best,
Tom
The long order should be taken with a reverse. So yes, if the SL would be hit for the buy position ,short order should be activated.
For going short from the resistance line it is too early to say. It all depends on the near future PA. As I mentioned before these drawn lines are only lines in the sand as we call them. We can't trust them solely when makinhg orders. But I would think that for a starter it could be used as a TP1 point.
You're welcome Tom.
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  • #489
  • Oct 21, 2010 5:11am Oct 21, 2010 5:11am
Thanks C for commenting on my post.


B,
Tom

Quoting Mr.C
The long order should be taken with a reverse. So yes, if the SL would be hit for the buy position ,short order should be activated.
For going short from the resistance line it is too early to say. It all depends on the near future PA. As I mentioned before these drawn lines are only lines in the sand as we call them. We can't trust them solely when makinhg orders. But I would think that for a starter it could be used as a TP1 point.
You're welcome Tom.
  • #490
  • Oct 21, 2010 6:02am Oct 21, 2010 6:02am
Trade plan and execution. Closed the trade for 70 pips. Trade profit 2.5%.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusd_101019_h1.gif Size: 22 KB
Click to Enlarge Name: audusd_101020_m30.gif Size: 29 KB
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  • #491
  • Oct 21, 2010 3:16pm Oct 21, 2010 3:16pm
Hi Ci,

I attach chart.

This was head and shoulders pattern for taking trade?
Which touch was entry ? And why ? And what was sl-how big?

Thanks

Best,
Tom


Quoting Mr.C
Trade plan and execution. Closed the trade for 70 pips. Trade profit 2.5%.
  • #492
  • Oct 21, 2010 6:54pm Oct 21, 2010 6:54pm
Quoting Mr.C
Trade plan on U/J with SL of ~10 pips.
Limit order activation missed by couple pips. Trade canceled.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy_101021_m15.gif Size: 28 KB
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  • #493
  • Oct 21, 2010 7:05pm Oct 21, 2010 7:05pm
Quoting tfflyer
Hi Ci,

I attach chart.

This was head and shoulders pattern for taking trade?
Which touch was entry ? And why ? And what was sl-how big?

Thanks

Best,
Tom
H&S, market structure, S&R. You can call it as you want.
I can see that there are three question marks following the rest of your post. Gets interesting. Let's do the other way. For your three questions I'll give you only one: how do YOU think? If you are a keen learner it will be helpfull for yourself as all the info (IMO) is in the chart posted. That is why I post not only numbers but a picture as well. Before and after. A plan and the execution of it. And reading the chart is essential in trading. Everything is there.

Best,
C.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #494
  • Oct 22, 2010 1:03am Oct 22, 2010 1:03am
Sorry, looked at chart one more time and saw that there is second Support line.

And i see few charts posted when they are already in profit and also sl is not posted in few... I better reask as i don't think there is something bad

Reading the chart is essential in trading.... - Are You joking ?


B,
Tom



Quoting Mr.C
H&S, market structure, S&R. You can call it as you want.
I can see that there are three question marks following the rest of your post. Gets interesting. Let's do the other way. For your three questions I'll give you only one: how do YOU think? If you are a keen learner it will be helpfull for yourself as all the info (IMO) is in the chart posted. That is why I post not only numbers but a picture as well. Before and after. A plan and the execution of it. And reading the chart is essential in trading. Everything is there.

Best,
C.
  • #495
  • Oct 22, 2010 1:07am Oct 22, 2010 1:07am
C,
where was YOUR SL in this trade ?

B,
Tom


Quoting Mr.C
#20.6 trade on USD/CHF: half position closed for 110 pips (ADR) the rest left running with SL at b/e. AWR as a possible TP now.
  • #496
  • Oct 22, 2010 5:41am Oct 22, 2010 5:41am
Quoting tfflyer
Sorry, looked at chart one more time and saw that there is second Support line.

And i see few charts posted when they are already in profit and also sl is not posted in few... I better reask as i don't think there is something bad

Reading the chart is essential in trading.... - Are You joking ?


B,
Tom
So you answered your question as I understand? Good for you.
Tom, some statements of yours sound threatening. Comical observation you made saying that there are some trades already in profit and without a marked SL. So what? I will REANSWER: everything is in the chart. Asking is not bad but thinking that some of the traders here must do or post what you want to see is.
And I am very curious if I don't understand your humor or you seriously think that I am joking about reading the charts?
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  • #497
  • Oct 22, 2010 1:37pm Oct 22, 2010 1:37pm
Everything is in chart... I would be surprised, if it wouldnt be so


Alright, have a good trades


B,
Tom


Quoting Mr.C
So you answered your question as I understand? Good for you.
Tom, some statements of yours sound threatening. Comical observation you made saying that there are some trades already in profit and without a marked SL. So what? I will REANSWER: everything is in the chart. Asking is not bad but thinking that some of the traders here must do or post what you want to see is.
And I am very curious if I don't understand your humor or you seriously think that I am joking about reading the charts?
  • #498
  • Oct 22, 2010 7:06pm Oct 22, 2010 7:06pm
Quoting tfflyer
Everything is in chart... I would be surprised, if it wouldnt be so


Alright, have a good trades


B,
Tom
I will. For sure. Good luck to you too.
Twitter: MrC_Forex ; Facebook: /pages/MrC-Forex/197693770247397
  • #499
  • Oct 25, 2010 9:46pm Oct 25, 2010 9:46pm
Early signs of a candy on E/U. Lets see what future brings us.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_101025_h1.gif Size: 33 KB
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  • #500
  • Oct 28, 2010 8:36pm Oct 28, 2010 8:36pm
E/J trade inside the formation closed for 65 pips (1.71%). I am very curious what it will turn to in near future.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy_101028_m30.gif Size: 30 KB
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