it is B/E now...
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Intraday price action trend trading
- #6,084
- Dec 3, 2010 2:24am Dec 3, 2010 2:24am
Gravi,
my buddy you made me think hard.
I know my mistake
My money got wire to your bank
But happy to find the piece of puzzle from you
my buddy you made me think hard.
I know my mistake
My money got wire to your bank
But happy to find the piece of puzzle from you
Shake it off!Lick the Wound,Prey Again!
- #6,085
- Dec 3, 2010 2:45am Dec 3, 2010 2:45am
Hi I have these three trades going at the moment anyone cae to give comments on them? Thank you
GBP/USD now at 50 pips
Edit: time 20.12 north Queensland all trades are at break even leve them to run see what happens.
All of your entry are excellent
Shake it off!Lick the Wound,Prey Again!
Hi I have these three trades going at the moment anyone cae to give comments on them? Thank you
GBP/USD now at 50 pips
Edit: time 20.12 north Queensland all trades are at break even leve them to run see what happens.
Will be back in after news.
Mr pips your coming with me
- #6,094
- Dec 6, 2010 5:49am Dec 6, 2010 5:49am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
that was agressive play... and there were loosers.. i think i won't play agressive ib's anymorejust wait for breakout, retracement when it needed and then enter...
- #6,095
- Dec 6, 2010 5:58am Dec 6, 2010 5:58am
For conservative, we can always trade with the 2nd impulsive move, let the 1st wave (corrective to impulsive move) go, then we have better confirmation. See whether it helps.
i think i should be more conservative heh.. as Sho told us one could be more agressive when he mastered the method
- #6,097
- Dec 7, 2010 5:07pm Dec 7, 2010 5:07pm
Good day friends,
I've been away for a short vacation .....for soul searching in highlands
===============
Gravi lost many trades in a row..no problem. It's small losses and most important is sticking with your rules. Don't change what have worked for you.
You have demonstrated your SL, entry and exit with precision before and they were good trades.
===================
Now my turn to dance with the market
I've been away for a short vacation .....for soul searching in highlands
===============
Gravi lost many trades in a row..no problem. It's small losses and most important is sticking with your rules. Don't change what have worked for you.
You have demonstrated your SL, entry and exit with precision before and they were good trades.===================
Now my turn to dance with the market
Shake it off!Lick the Wound,Prey Again!
- #6,098
- Edited 5:28pm Dec 7, 2010 5:18pm | Edited 5:28pm
Hi, I have a quick question regarding the use of a "hanging man" in an uptrend, where sho uses the signal as a continuation candle.
I've always thought they where reversal candles because the selling pressure from the tail was not expected in the uptrend, not a signal for the continuation of an uptrend. I've attached on a sho's charts.
Thanks
Priority before entering any trades
1. Momentum/corrective
2. KC
3. candles formation
You can see many hanging men all over the chart but what's matter first and foremost is the momentum. Momentum is the GOD,KING,HEART AND SOUL in trading.
When the price became expensive, big seeling order will be sitting on top waiting to bait some fish then the formation of hanging man is a valid end of uptrend.
In other word, whenever there is a supply zone, reversal of candles can be seen(hanging man,pin bar...)
Have I answered your question
Shake it off!Lick the Wound,Prey Again!
- #6,100
- Dec 8, 2010 12:25am Dec 8, 2010 12:25am
- Joined Jan 2010 | Status: Yet to replace my suit in black.... | 3,268 Posts
It is good to go hiking and come back with clearer mind,
A bonus for this week
