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Trading Made Simple

  • #4,501
  • Jun 1, 2011 2:40pm Jun 1, 2011 2:40pm
Quoting eelfranz
Trade...
BigE on the trade you just posted, it was a trade just after a long period of consolidation. The EMA and TDI has been very flat for about 17 hours. Would this concern you? or is the fact that everything else looks pretty sweet e.g. candle size, TDI looking great, strong long term downtrend that your willing to trade it.
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  • #4,502
  • Jun 1, 2011 3:00pm Jun 1, 2011 3:00pm
I like to get up between 3 and 4AM EST during the London session, but with the UK bank holiday tomorrow, should I sleep in a little bit and not bother?
  • #4,503
  • Jun 1, 2011 3:05pm Jun 1, 2011 3:05pm
Quoting mackaozy
Hey. Thats UK timezone, it's currently 20.15 here. Yep I have closed half the position at 30 pips, moved sl to just above break even to lock in some profit. Moved tp to 2nd target of 1.0600.
Grabbed another 20+ (reenter) for 15 minutes... H4 TDI still pointing nearly 5:30 clockwise.

Daily TDI DOWN cross is forming at the moment. That, with the bearish daily channel - looks promising.


I am out. GN.

Plamen
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Bah...
  • #4,504
  • Jun 1, 2011 3:07pm Jun 1, 2011 3:07pm
Quoting AmishBuggyFX
I like to get up between 3 and 4AM EST during the London session, but with the UK bank holiday tomorrow, should I sleep in a little bit and not bother?
There is no UK bank hol tomorrow.
  • #4,505
  • Jun 1, 2011 3:10pm Jun 1, 2011 3:10pm
Quoting plamendp
Grabbed another 20+ (reenter) for 15 minutes... H4 TDI still pointing nearly 5:30 clockwise.

Daily TDI DOWN cross is forming at the moment. That, with the bearish daily channel - looks promising.


I am out. GN.

Plamen
Yeah looks good. I will scale into the daily position if I get a cross on the close of th daily candle which is in 109mins.
  • #4,506
  • Jun 1, 2011 3:16pm Jun 1, 2011 3:16pm
Quoting AmishBuggyFX
I like to get up between 3 and 4AM EST during the London session, but with the UK bank holiday tomorrow, should I sleep in a little bit and not bother?
UK Bank Hloiday was 30th May, next one is 29 August.???
"It always seems impossible until it is done" Nelson Mandela
  • #4,507
  • Jun 1, 2011 3:26pm Jun 1, 2011 3:26pm
Quoting mackaozy
There is no UK bank hol tomorrow.
Sorry, I just saw EUR in the listings, but it is Switzerland (CHF), France (EUR), Germany (EUR), and Italy (EUR) according to the main calendar on the FX Factory home page for Thursday.

That will slow things down a bit, right?
  • #4,508
  • Jun 1, 2011 3:26pm Jun 1, 2011 3:26pm
Quoting Rhino101
UK Bank Hloiday was 30th May, next one is 29 August.???

Originally Posted by AmishBuggyFX
I like to get up between 3 and 4AM EST during the London session, but with the UK bank holiday tomorrow, should I sleep in a little bit and not bother?


He must mean the bank holiday in Switzerland, France, Germany & Italy. FYI AmishBuggyFX UK is a different country.
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  • #4,509
  • Jun 1, 2011 3:43pm Jun 1, 2011 3:43pm
Quoting mackaozy
Originally Posted by AmishBuggyFX
I like to get up between 3 and 4AM EST during the London session, but with the UK bank holiday tomorrow, should I sleep in a little bit and not bother?


He must mean the bank holiday in Switzerland, France, Germany & Italy. FYI AmishBuggyFX UK is a different country.
Thanks for the map. That's what I meant, when I said "sorry, I just saw EUR in the listings". I looked back and checked the countries the second time. I know americans have a bad rep in certain areas, but I did not mean to insult anyone. I like having "mentors" to turn to because my co-workers and family do not know the difference between the Forex and the stock market!

Now, my original question... Should I be concerned about a lack of PA tomorrow?
  • #4,510
  • Jun 1, 2011 3:48pm Jun 1, 2011 3:48pm
Quoting AmishBuggyFX
Thanks for the map. That's what I meant, when I said "sorry, I just saw EUR in the listings". I looked back and checked the countries the second time. I know americans have a bad rep in certain areas, but I did not mean to insult anyone. I like having "mentors" to turn to because my co-workers and family do not know the difference between the Forex and the stock market!

Now, my original question... Should I be concerned about a lack of PA tomorrow?
lol sorry dude just joking. Well the London session should be OK as institutional orders will still be placed as normal. Obviously no institutions will be placing orders in Switzerland, France, Germany & Italy due to the bank hol.
  • #4,511
  • Jun 1, 2011 3:58pm Jun 1, 2011 3:58pm
It's all good. Thanks for the input!
  • #4,512
  • Jun 1, 2011 4:01pm Jun 1, 2011 4:01pm
Quoting mackaozy
You PAID for it? It's free.
Time of unknown. but very useful now. lol
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #4,513
  • Jun 1, 2011 4:04pm Jun 1, 2011 4:04pm
Quoting adeforex
[SIZE="4 Time of unknown. but very useful now. lol"][/size]
Tell me about it. I have done the same many times before.
  • #4,514
  • Jun 1, 2011 4:12pm Jun 1, 2011 4:12pm
Originally Posted by adeforex View Post
I saw good set-ups today
1. EURJPY 1hr -=75 pips
2. Eurchf =65 pips
3. i entered GU sell a while ago, still ranging as of now, will update later
TOTAL PIPS FOR TODAY=140
TOTAL PIPS FOR THE WEEK 143 (No loss yet)

GU update= tp= 53+
Total pips for today on 3 trades= 195 pips.
Waiting for another set up during london opening
We Win Some, We Loose Some, But Let your Win Rates be More to be Successful
  • #4,515
  • Edited 4:35pm Jun 1, 2011 4:18pm | Edited 4:35pm
Start checking for a short
Completely overbrought
TDI is on the turn 4H
General trend is down on weekly and now shows a doji on the daily
You can get in now if you feel bold

any other views please???

PS +272 pips made today thanks to CHF

update - I have forgottten about the bank hol tomorrow in europe , might work for me - i will take the risk
  • #4,516
  • Jun 1, 2011 5:03pm Jun 1, 2011 5:03pm
Question... To take a trade or not??? The last candle just opened.
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  • #4,517
  • Jun 1, 2011 5:07pm Jun 1, 2011 5:07pm
Also, just took this trade on daily...
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  • #4,518
  • Jun 1, 2011 5:13pm Jun 1, 2011 5:13pm
USD/CHF +12
GBP/USD +15
USD/CAD +54(still open)
AUD/USD +86(still open)

+167

good... thanks BIG E

Good Night!!
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  • #4,519
  • Jun 1, 2011 5:17pm Jun 1, 2011 5:17pm
Quoting Danyjoe
USD/CHF +12
GBP/USD +15
USD/CAD +54(still open)
AUD/USD +86(still open)

+167

good... thanks BIG E

Good Night!!
Awesome day! Congrats!
  • #4,520
  • Jun 1, 2011 6:36pm Jun 1, 2011 6:36pm
By adding GMMA to get more profit.
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