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Trading Made Simple

  • #9,541
  • Aug 10, 2011 7:11am Aug 10, 2011 7:11am
Took the EU short @ 4352 on the new 1H candle at 7am cst.

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  • #9,542
  • Aug 10, 2011 7:21am Aug 10, 2011 7:21am
Quoting Fitness09
Took the EU short @ 4352 on the new 1H candle at 7am cst.

Attachment
Me too.It's juggling around -10 now.Hopefully it will bounce back.
  • #9,543
  • Aug 10, 2011 7:33am Aug 10, 2011 7:33am
Quoting Fitness09
Took the EU short @ 4352 on the new 1H candle at 7am cst.

Attachment
Same for me, exact same entry.
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  • #9,544
  • Aug 10, 2011 7:34am Aug 10, 2011 7:34am
Quoting momoshiro
before you entry be sure you have look other TF for confirmation so you can take entry
thanks for the advice.
  • #9,545
  • Aug 10, 2011 7:36am Aug 10, 2011 7:36am
eurjpy 1h short bounce trade at 109.79 (4h chart also a signal).
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  • #9,546
  • Aug 10, 2011 7:43am Aug 10, 2011 7:43am
Quoting Milton
Same for me, exact same entry.
Looking good so far.
  • #9,547
  • Aug 10, 2011 7:45am Aug 10, 2011 7:45am
eurjpy short: I am out with +34 pips, because I entered with 0.1 lot and FXPro doesn't have 0.05 to scale out (0.1 is the smallest unit).
  • #9,548
  • Aug 10, 2011 7:50am Aug 10, 2011 7:50am
Quoting Milton
eurjpy short: I am out with +34 pips, because I entered with 0.1 lot and FXPro doesn't have 0.05 to scale out (0.1 is the smallest unit).
Great job!
  • #9,549
  • Aug 10, 2011 7:53am Aug 10, 2011 7:53am
EU short

Great trading guys! Once it popped through previous support just below 4350 it flew out into the open. Love it when a pair does that.
  • #9,550
  • Aug 10, 2011 8:07am Aug 10, 2011 8:07am
Quoting DaveUK
EU short

Great trading guys! Once it popped through previous support just below 4350 it flew out into the open. Love it when a pair does that.
Thanks Dave. Now lets see if we can get through 4250
  • #9,551
  • Aug 10, 2011 8:07am Aug 10, 2011 8:07am
Entered the eur/usd 4hr. hope it works right.

I had about 1000 pips yesterday on 9 trades. It was my first day trading demo on the system. Wow! Don't want to get excited yet...we'll see.
  • #9,552
  • Aug 10, 2011 8:09am Aug 10, 2011 8:09am
Quoting Fitness09
Thanks Dave. Now lets see if we can get through 4250
There she goes!!!
  • #9,553
  • Aug 10, 2011 8:10am Aug 10, 2011 8:10am
Got out of 1H EURUSD at +38 pips, hit Daily Support.
  • #9,554
  • Aug 10, 2011 8:15am Aug 10, 2011 8:15am
Quoting hyperspeeds3
Got out of 1H EURUSD at +38 pips, hit Daily Support.
Yeh I jumped out at +74. Nice wee trade.

Graham
  • #9,555
  • Aug 10, 2011 8:15am Aug 10, 2011 8:15am
Would those who are more experienced recommend sticking to 4H over the 1H TF for a total noob?
  • #9,556
  • Aug 10, 2011 8:21am Aug 10, 2011 8:21am
Out of the EU short @ +114. Now time to go to my real job
Good job everyone, and good luck!
  • #9,557
  • Aug 10, 2011 8:25am Aug 10, 2011 8:25am
Quoting hyperspeeds3
Got out of 1H EURUSD at +38 pips, hit Daily Support.
If you're going to bother to post, why not at the very least, give an entry, an exit, and if possible post a chart... just an idea, looks to me like 1.42 may be a better target?

4-Hour is giving sell signal, but you could be right, take profits
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OPPORTUNITY IS NOWHERE
  • #9,558
  • Aug 10, 2011 8:25am Aug 10, 2011 8:25am
Quoting Fitness09
Out of the EU short @ +114. Now time to go to my real job
Good job everyone, and good luck!
got out at 100 pips as price is hitting daily support level!
  • #9,559
  • Aug 10, 2011 8:26am Aug 10, 2011 8:26am
Quoting RedMonkey
Would those who are more experienced recommend sticking to 4H over the 1H TF for a total noob?
Some prefer 4hr. Some prefer 1hr. Depends on personal preference, trading style, time available etc. I use both myself.

As a complete newcomer though, I would suggest trading the 1hr when possible. That's simply because you'll get more trading signals, therefore more trades. As you're learning the system, the more experience you get using it the better.
  • #9,560
  • Aug 10, 2011 8:31am Aug 10, 2011 8:31am
Quoting DaveUK
Some prefer 4hr. Some prefer 1hr. Depends on personal preference, trading style, time available etc. I use both myself.

As a complete newcomer though, I would suggest trading the 1hr when possible. That's simply because you'll get more trading signals, therefore more trades. As you're learning the system, the more experience you get using it the better.
Cheers mate. I've been hopping between the two like a bit of a madman, but think I'd prefer the 1h as I seem to watch it like a hawk.
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