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How i made a perfect day

  • #1
  • First Post: Edited Mar 12, 2011 11:30am Feb 19, 2011 4:59am | Edited Mar 12, 2011 11:30am
what follows is a trade i made yesterday,i have taken it to pieces so that i can do it again,

pike
  • #2
  • Feb 19, 2011 5:01am Feb 19, 2011 5:01am
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  • #3
  • Feb 19, 2011 5:02am Feb 19, 2011 5:02am
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  • Feb 19, 2011 5:04am Feb 19, 2011 5:04am
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  • Feb 19, 2011 5:06am Feb 19, 2011 5:06am
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  • #6
  • Feb 19, 2011 5:08am Feb 19, 2011 5:08am
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this should be before the previous post
  • #7
  • Feb 19, 2011 5:10am Feb 19, 2011 5:10am
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  • #8
  • Feb 19, 2011 5:11am Feb 19, 2011 5:11am
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  • #9
  • Feb 19, 2011 5:12am Feb 19, 2011 5:12am
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  • #10
  • Feb 19, 2011 5:17am Feb 19, 2011 5:17am
So that was my trade,it took a few days to form,but i have posted it so i have a record of how i did it,i hope you enjoyed it and gave you a few ideas,

Pike
  • #11
  • Feb 23, 2011 1:24pm Feb 23, 2011 1:24pm
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  • #12
  • Mar 11, 2011 12:18pm Mar 11, 2011 12:18pm
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  • #13
  • Mar 12, 2011 4:17am Mar 12, 2011 4:17am
Quoting pikeliver
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Had a few minutes to browse...great confluence shown. If price starts taking out highs, that would be fabulous!

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #14
  • Last Post: Mar 12, 2011 11:52am Mar 12, 2011 11:52am
i thought it was fab to catch the turn, lol

So on to the next perfect day,i start by looking at the 4 hour chart
if its going up look for the 50 or 61.8 retracement,or the 1.272 and 1.618 extention of the swings,AB=CD are nice,measured moves and most important of all trendlines.

Then there are secondary tools like pitchforks,fibonacci timelines,multi pivot lines.

Once the area is identified its time to wait,it is also important to have a bigger position when right than when wrong,
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