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  • #486,201
  • Jul 11, 2011 7:50pm Jul 11, 2011 7:50pm
Quoting Jazznos
Morning Ken. Can you please explain what those red arrows are all about?
Morning J!

They are my orders that opened and closed in MT4. If you go to the Account History tab of your Terminal...all of your closed orders will be there. If you Left Click on an order...then drag it onto the chart...the arrows and lines will appear. It just visually shows where your order opened an closed.

I just like to do this to see how my trades worked out. Were my manual trades strong or weak? Could I have entered sooner/later...and likewise...closed sooner/later? Also...like my latest round of orders...which were pending orders, then I walked away...did it play out like I thought it would...etc etc etc.

I use an order management tool that partially closes a certain percentage of my orders at x number of pips. That is why you see multiple lines and closing arrows from each trade entered.

Cheers mate!
  • #486,202
  • Jul 11, 2011 7:53pm Jul 11, 2011 7:53pm
this is for the count of a correction of wave b to the downside with target 1.37 which could keep the bulls in if the weekly trend line stays unbroken . wave c could take the swing high 1.49xx but if this is an impulse of wave 1 and 2 then the decline will be so strong first target will be 1.355 but first 1.3970 needs to be broken
Attached Image (click to enlarge)
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  • #486,203
  • Jul 11, 2011 7:54pm Jul 11, 2011 7:54pm
Quoting kenfen69
Morning J!...
Thanks mate... My broker doesn't use MT4 So i dont get all those cool toys and Ea's to play with... I may have to switch. I have to open a new account anyway under the business name so now could be a good time.

So i take it youre tipping continued short action? Its looking that way to me but as was said before Im also wary getting in after big moves. I prefer to have a nice ABCD type retracement to get in on but we could channel for a bit before continuation... im not seeing enough support down here for much of a bounce, but hey anything can happen Not sure if i'll get in soon or wait for a breakout...
  • #486,204
  • Jul 11, 2011 7:56pm Jul 11, 2011 7:56pm
Quoting kenfen69
Morning J!

They are my orders that opened and closed in MT4. If you go to the Account History tab of your Terminal...all of your closed orders will be there. If you Left Click on an order...then drag it onto the chart...the arrows and lines will appear. It just visually shows where your order opened an closed.

I just like to do this to see how my trades worked out. Were my manual trades strong or weak? Could I have entered sooner/later...and likewise...closed sooner/later? Also...like my latest round of orders...which...
Thanks Ken i wasn't aware of this.
Hope
  • #486,205
  • Jul 11, 2011 8:04pm Jul 11, 2011 8:04pm
Quoting TheGamer
Thanks Ken i wasn't aware of this.
Very useful! You can review on the fly. I treat it as a sort of "live" trade journal.

Cheers
  • #486,206
  • Jul 11, 2011 8:05pm Jul 11, 2011 8:05pm
Hey Magix how are you doing ?
did you grabbed pips yesterday ?
Hope
  • #486,207
  • Edited 8:22pm Jul 11, 2011 8:07pm | Edited 8:22pm
Quoting TheGamer


You got lots of experience. Seen these ups & downs for years.
im just new for past 4-5 months. has only seen uptrend so confused while trading at this downtrend. its easy to say for you 3800 or 3500 level but im still scared taking sell at 4000 level.
Even the Experienced 10+v have no clue most of the time.......

Believe me its not easy.....

2 CHARTS THAT CAN SAVE euro FROM GOING DOWN...

What ever position you take manage it properly....There is no need to be greedy... OR GOING IN BIG...

market will give opportunity at least once a week.....for No Brainer trades....

Learn to use FIBONACCI properly.....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: LEADING DIAG# 2.jpg Size: 143 KB
Click to Enlarge Name: DOUBLE IRREGULAR.jpg Size: 88 KB
Markets are not Random, they are designed!
  • #486,208
  • Jul 11, 2011 8:12pm Jul 11, 2011 8:12pm
Quoting Jazznos
Thanks mate... My broker doesn't use MT4 So i dont get all those cool toys and Ea's to play with... I may have to switch. I have to open a new account anyway under the business name so now could be a good time.
Any broker...and platform...that I have used, has had a way of showing trades visually. You should be able to do it, somehow. If you want to tell me your platform, I may be able to let you know how to do it.

Quoting Jazznos
So i take it youre tipping continued short action? Its looking that way to me but as was said before Im also wary getting in after big moves. I prefer to have a nice ABCD type retracement to get in on but we could channel for a bit before continuation... im not seeing enough support down here for much of a bounce, but hey anything can happen Not sure if i'll get in soon or wait for a breakout...
Yes...still favoring shorts. Yesterday...I was all in short...long didn't cross my mind. That bias has eased a little now, but will need to see some serious evidence of big horny bulls before its erased. I would contemplate a long scalp or two right now...but nothing with serious conviction.

Do your thing, though mate. I've been away from the screens for a few hours, and am just trying to get a lock on the pulse here again.

All the best!
  • #486,209
  • Jul 11, 2011 8:13pm Jul 11, 2011 8:13pm
Quoting kenfen69
Very useful! You can review on the fly. I treat it as a sort of "live" trade journal.

Cheers
Yep, i was told about this earlier but i forgot this. Thanks again for reminding me.
Cheers to you too mate
Hope
  • #486,210
  • Jul 11, 2011 8:22pm Jul 11, 2011 8:22pm
Quoting Raza
2 CHARTS THAT CAN SAVE euro FROM GOING DOWN...
Nice looking charts!

Are you well, brother?
  • #486,211
  • Jul 11, 2011 8:23pm Jul 11, 2011 8:23pm
Quoting kenfen69
If you want to tell me your platform, I may be able to let you know how to do it.:
Im with IG Markets, on the IT Finance.com platform. Ive never seen anything on there to do this before, but hey if you know, then great! I mark everything up manually for my journalling...

Nice work on the shorts yesterday, you would have cleaned up

Im in short now, on that small rally, I would love for this be-atch to go down to 3861
  • #486,212
  • Jul 11, 2011 8:24pm Jul 11, 2011 8:24pm
Quoting Raza
Even the Experienced 10+v have no clue most of the time.......

2 CHARTS THAT CAN SAVE euro FROM GOING DOWN...

What ever position you take manage it properly....There is no need to be greedy... OR GOING IN BIG...

market will give opportunity at least once a week.....for No Brainer trades....
Thanks Raza Bhai

Saved these images for further study

Regards
Vishal
Hope
  • #486,213
  • Jul 11, 2011 8:24pm Jul 11, 2011 8:24pm
Quoting TheGamer
Hey Magix how are you doing ?
did you grabbed pips yesterday ?
Gotta few here n there...



How'd ya make out G?
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #486,214
  • Jul 11, 2011 8:24pm Jul 11, 2011 8:24pm
Quoting kenfen69
Nice looking charts!

Are you well, brother?


What do you mean?....

I am crazy may be....lol...
Markets are not Random, they are designed!
  • #486,215
  • Jul 11, 2011 8:26pm Jul 11, 2011 8:26pm
Quoting pkimnyc
Same here...
Hahahahahahaha!

Crazy little creatures...love them...but its something about the way they fly!

No day-trip on Wednesday...was able to sort it from here. Happy for that. NYC is my least favorite city to spend a few hours in...always feel like I'm missing out on something.

Late August/early Sept is on the cards...just waiting for a lock on dates.

  • #486,216
  • Jul 11, 2011 8:27pm Jul 11, 2011 8:27pm
Quoting Raza
[/color][/size]

What do you mean?....

I am crazy may be....lol...
Hahahahaha...crazy raza!
  • #486,217
  • Jul 11, 2011 8:28pm Jul 11, 2011 8:28pm
Quoting kenfen69
Hahahahahahaha!

Crazy little creatures...love them...but its something about the way they fly!

No day-trip on Wednesday...was able to sort it from here. Happy for that. NYC is my least favorite city to spend a few hours in...always feel like I'm missing out on something.

Late August/early Sept is on the cards...just waiting for a lock on dates.

awesome. looking forward to seeing you.
  • #486,218
  • Jul 11, 2011 8:29pm Jul 11, 2011 8:29pm
Hi Ken,

How did you do yesterday. Hope lot of Green Pips.

Lol was afraid to even have a shot of rum...lol...So tensed and made a good green pips.

Thanks for all your help.

Good luck.
KC.

Quoting kenfen69
Hahahahahahaha!

Crazy little creatures...love them...but its something about the way they fly!

No day-trip on Wednesday...was able to sort it from here. Happy for that. NYC is my least favorite city to spend a few hours in...always feel like I'm missing out on something.

Late August/early Sept is on the cards...just waiting for a lock on dates.

  • #486,219
  • Jul 11, 2011 8:32pm Jul 11, 2011 8:32pm
Quoting Raza
Even the Experienced 10+v have no clue most of the time.......

Believe me its not easy.....

2 CHARTS THAT CAN SAVE euro FROM GOING DOWN...

What ever position you take manage it properly....There is no need to be greedy... OR GOING IN BIG...

market will give opportunity at least once a week.....for No Brainer trades....

Learn to use FIBONACCI properly.....

What do the ABC on your chart represent? And the lines, what are they?
  • #486,220
  • Jul 11, 2011 8:34pm Jul 11, 2011 8:34pm
tried a few counter trades.. failing to produce highs and now we got another stab for the lows. easier just to follow
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