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Intraday price action trend trading

  • #6,601
  • Mar 14, 2011 3:52am Mar 14, 2011 3:52am
Quoting ventatec
There was an entry before right??
Yes correct.

This is my UCAD short.
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  • #6,602
  • Mar 14, 2011 4:11am Mar 14, 2011 4:11am
Anybody can tell me about a good money management for this great strategy? I'd like to know exactly about de risk/benefit and when to move to Break Even...??
  • #6,603
  • Mar 14, 2011 4:35am Mar 14, 2011 4:35am
Quoting masut
Yes correct.

This is my UCAD short.
price stale at previous support. SL already move to BE.
Attached Image
  • #6,604
  • Mar 14, 2011 9:34pm Mar 14, 2011 9:34pm
Perfect short AUD trade asian session. Price action at support.
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  • #6,605
  • Mar 14, 2011 9:37pm Mar 14, 2011 9:37pm
Quoting masut
Perfect short AUD trade asian session. Price action at support.
good work mate
  • #6,606
  • Mar 14, 2011 9:41pm Mar 14, 2011 9:41pm
Quoting ventatec
Anybody can tell me about a good money management for this great strategy? I'd like to know exactly about de risk/benefit and when to move to Break Even...??
Money management is discretionary. You can try use R:R 1:2 or 1:3
Practice it, which one comfort with you and stick it.

About BE, i usually move SL to BE after price = SL
  • #6,607
  • Mar 14, 2011 9:46pm Mar 14, 2011 9:46pm
Level Demand and Supply of EURJPY

Wait price action at that level.
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  • #6,608
  • Mar 14, 2011 9:50pm Mar 14, 2011 9:50pm
Quoting Buildcity
good work mate
Thanks eric

how about your internet connection?
  • #6,609
  • Mar 14, 2011 10:10pm Mar 14, 2011 10:10pm
Quoting masut
Thanks eric

how about your internet connection?
Now my office's network is fine. but last night (my time) my home network didnt work properly, MBT was down, Oanda was so slow etc. hope the situation can be improved otherwise I have to stay in my office tonight
  • #6,610
  • Mar 15, 2011 12:46am Mar 15, 2011 12:46am
Price rejected previous support. long break of IB
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  • #6,611
  • Mar 15, 2011 1:25am Mar 15, 2011 1:25am
Long EJ
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  • #6,612
  • Mar 15, 2011 2:49am Mar 15, 2011 2:49am
All trade stop at BE
  • #6,613
  • Mar 15, 2011 3:44am Mar 15, 2011 3:44am
Finish long EU pinbar after double bottom. Just 1:1
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  • #6,614
  • Mar 15, 2011 4:15am Mar 15, 2011 4:15am
Sell EURNZD @ market price TP1 1.8868 TP2 1.8520 SL 100pips
See chart attached.
Happy trading!
Meshach.
Attached Image (click to enlarge)
Click to Enlarge Name: uernzd_short.gif Size: 24 KB
  • #6,615
  • Mar 15, 2011 4:23am Mar 15, 2011 4:23am
GU short
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  • #6,616
  • Mar 16, 2011 4:44am Mar 16, 2011 4:44am
Long UCAD double bottom.
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  • #6,617
  • Mar 16, 2011 7:58am Mar 16, 2011 7:58am
Quoting masut
Long UCAD double bottom.
close +22 pips
  • #6,618
  • Mar 18, 2011 1:18am Mar 18, 2011 1:18am
Inserted Video
  • #6,619
  • Mar 19, 2011 7:31am Mar 19, 2011 7:31am
Quoting priceaction
http://www.youtube.com/watch?v=GQsDYp5cnao
Hi Rob!
nice trade you've posted here... and you always did
btw.. price had broken the supply level and went higher..
  • #6,620
  • Mar 19, 2011 11:34am Mar 19, 2011 11:34am
Quoting Gravi
Hi Rob!
nice trade you've posted here... and you always did
btw.. price had broken the supply level and went higher..
Thanks. Glad you enjoyed it.

I never think of what happens after because it doesn't matter to me.
We are not in a competition.

We just need to take our income from the market according to our plan.
Simple
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