Price is everything | Page 942 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

EIP: Everything In Price (PIE) 16 replies

Everything to Nothing to get Everything? 7 replies

Price Is Everything - Lets Focus on Price and Swings 17 replies

Price is Everything (Long Term and Semi-Auto Edition) 26 replies

Everything You Wanted To Know About Electronic Trading, by Linda Bradford Raschke 0 replies

Attachments: Price is everything
Exit Attachments

Price is everything

  • #18,821
  • Jun 2, 2011 3:05am Jun 2, 2011 3:05am
bought crude on rejection..

at last high didn't take 55 but this time i'll take 51
Attached Image
  • #18,822
  • Jun 2, 2011 3:14am Jun 2, 2011 3:14am
since eu may be heading north.. closing this gold sell at 200 EMA for 16.. it was for quick scalp anyway...
Attached Image (click to enlarge)
Click to Enlarge Name: zgold007.gif Size: 19 KB
  • #18,823
  • Jun 2, 2011 3:17am Jun 2, 2011 3:17am
looking at the price action of today's market, i see the aud/usd forming a beautiful set up. at 5:am i will enter long on this pair. Already set up entry and stop loss order. the massive retracement we saw yesterday on the other majors playing against the usd dollar did not touch the aussie, showing that it is still strong...the close of this 4hr candle will give further confirmation

follow my trading journal
http://www.forexfactory.com/showthre...254704&page=32

Attached Image (click to enlarge)
Click to Enlarge Name: aud.usd.gif Size: 18 KB
  • #18,824
  • Jun 2, 2011 3:18am Jun 2, 2011 3:18am
waiting for 4400.. just missed by 2 pips
Attached Image
  • #18,825
  • Jun 2, 2011 3:43am Jun 2, 2011 3:43am
tg hit...

Quoting KennyZ
waiting for 4400.. just missed by 2 pips
Attached Image
  • #18,826
  • Jun 2, 2011 4:06am Jun 2, 2011 4:06am
crazy crude.. closed latest crude buys with total of 55
Attached Image
  • #18,827
  • Jun 2, 2011 4:21am Jun 2, 2011 4:21am
Morning All,

I attach a chart a trade (on demo) I took based on strong supply at this level.
I took the trade on the bar with the arrow. (I took it at the breach of the small PB).
Trade immediately reversed, and I would normally have stopped out, but stayed in due to divergence on Stochastic. (I read this in one of the articles posted by Emene yesterday)
Good Trading or Good Luck http://www.forexfactory.com/images/icons/icon5.gif
Comments are appreciated.

Please ignore trade at 1.6308, it was taken on the 26th of May, I have taken some profits off, and I will let trade to run to BE.

Regards

Martin
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 51 KB
  • #18,828
  • Edited 5:29am Jun 2, 2011 4:38am | Edited 5:29am
nice catch mt2..

i have a similar trade running.. gu buy..

i entered on m15 chart bull momentum bar.. already taken half out @30 and moved sl @be

if u entered on h1, i can't see any buy pa config.. u can of course take a trade without pa config but at least it would have been better entry in your demand zone.. just my uno cent..

my demand line is at bit lower down..

Edit: moved the sl for the remaining half @be+20

Quoting mt2
Morning All,

I attach a chart a trade (on demo) I took based on strong supply at this level.
I took the trade on the bar with the arrow. (I took it at the breach of the small PB).
Trade immediately reversed, and I would normally have stopped out, but stayed in due to divergence on Stochastic. (I read this in one of the articles posted by Emene yesterday)
Good Trading or Good Luck http://www.forexfactory.com/images/icons/icon5.gif
Comments are appreciated.

Please ignore trade at 1.6308, it was taken on the 26th of May, I have taken...
Attached Image (click to enlarge)
Click to Enlarge Name: zgu002.gif Size: 21 KB
  • #18,829
  • Jun 2, 2011 5:10am Jun 2, 2011 5:10am
after seeing up momentum, re-bought eu..

closed with 68
Attached Image
  • #18,830
  • Jun 2, 2011 5:30am Jun 2, 2011 5:30am
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 42 KB
  • #18,831
  • Jun 2, 2011 7:49am Jun 2, 2011 7:49am
Only active session I get to trade this week. Hope I haven't missed all of the action. News tomorrow.

Left is EU right is GU both M5, both are showing the next level I'm watching for a bounce
Attached Image (click to enlarge)
Click to Enlarge Name: j2a.jpg Size: 72 KB
  • #18,832
  • Jun 2, 2011 9:23am Jun 2, 2011 9:23am
Quoting frankkn
Only active session I get to trade this week. Hope I haven't missed all of the action. News tomorrow.

Left is EU right is GU both M5, both are showing the next level I'm watching for a bounce
Didn't hold on to the next one. Took a small pin at that level and lost 5 pips, I'd trailed my stop up nearly to BE.
Attached Image (click to enlarge)
Click to Enlarge Name: j2b.jpg Size: 49 KB
  • #18,833
  • Jun 2, 2011 9:28am Jun 2, 2011 9:28am
Quoting frankkn
Only active session I get to trade this week. Hope I haven't missed all of the action. News tomorrow.

Left is EU right is GU both M5, both are showing the next level I'm watching for a bounce
hey man, about eur/usd chart, what you defined was actually a small bonce level or big reversal level, becouse i was more looking for 1.439 demand

any comments?
thx miky
--Be in the NOW or get lost in time.--
  • #18,834
  • Jun 2, 2011 9:56am Jun 2, 2011 9:56am
Quoting Miky
hey man, about eur/usd chart, what you defined was actually a small bonce level or big reversal level, becouse i was more looking for 1.439 demand

any comments?
thx miky
With a level like that I'll take a bounce and get my stop to break even pretty quickly. I like to go for mad r:r, and a bounce can at least get you in a position where your stop is at break even.

With a more quality level I'll give her more breathing room for the institutions to accumulate their position.
  • #18,835
  • Jun 2, 2011 10:10am Jun 2, 2011 10:10am
Law of S/D wins again. Took this trade at break below my marked supply zone. Seeing a lot of profit right now
Attached Image (click to enlarge)
Click to Enlarge Name: Trade2.png Size: 48 KB
  • #18,836
  • Jun 2, 2011 10:15am Jun 2, 2011 10:15am
Quoting frankkn
With a level like that I'll take a bounce and get my stop to break even pretty quickly. I like to go for mad r:r, and a bounce can at least get you in a position where your stop is at break even.

With a more quality level I'll give her more breathing room for the institutions to accumulate their position.
Weve been looking very closely into the same zones you posted today, unfortunately they didnt provde the big reversal we were hoping for.

Unfortunately that GU trade i got stopped out on last night went exactly the way i expected it to and crashed up 100 pips, almost complete reversal today =/
  • #18,837
  • Edited 10:36am Jun 2, 2011 10:34am | Edited 10:36am
I was expecting price to bouncefrom 36.29, but seems to be very strong fashioned this move. This are tthe important levels I had laabeled.
Attached Image (click to enlarge)
Click to Enlarge Name: silver.gif Size: 34 KB
  • #18,838
  • Jun 2, 2011 10:40am Jun 2, 2011 10:40am
Quoting frankkn
Didn't hold on to the next one. Took a small pin at that level and lost 5 pips, I'd trailed my stop up nearly to BE.
Had an order north of a 5m pin retesting demand but it never got filled. Today has been shit so far
  • #18,839
  • Jun 2, 2011 11:08am Jun 2, 2011 11:08am
Quoting frankkn
Had an order north of a 5m pin retesting demand but it never got filled. Today has been shit so far
I've got a long position on GU and EU, being careful here as London's just closed. Also two dollar shorts at the same time, so reducing risk when given the chance
  • #18,840
  • Jun 2, 2011 11:11am Jun 2, 2011 11:11am
Quoting Orbital
Weve been looking very closely into the same zones you posted today, unfortunately they didnt provde the big reversal we were hoping for.

Unfortunately that GU trade i got stopped out on last night went exactly the way i expected it to and crashed up 100 pips, almost complete reversal today =/
On shit days it's good to know at least I'm not the only one looking at these levels

After I finish eliminating risk on these trades (if I can) I'm done for the day, last day of classes ever
21 traders viewing now