My trades by Dave | Page 41 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Famous Dave's Trading Journal 9 replies

Liam and Dave's Trades 13 replies

Script/EA to balance losing trades agianst winning trades 23 replies

Daily Trades = Lazy Trades Journal 7 replies

Dave the Trader 31 replies

Attachments: My trades by Dave
Exit Attachments

My trades by Dave

  • #801
  • Mar 27, 2006 11:20pm Mar 27, 2006 11:20pm
Looks like some positive divergence on your bottom indicator. Lets hope so. I lowered my S/L to 1940. Catastrophic Looking for a bounce up off of 1.2000 a BWILC grid line in play for many weeks.

Not sure about the news.

Lou
  • #802
  • Mar 27, 2006 11:36pm Mar 27, 2006 11:36pm
Checked the news.. due 1:15 pm CST.

interest rate announcement. High volatility expected. Does not bode well I fear.

Going to leave my SL as above. check things in the a.m.

Lou
  • #803
  • Mar 28, 2006 1:19am Mar 28, 2006 1:19am
Hi Dave. As I wrote on my journal thread this morning, the reason EURO didn't move is that the smart money is waiting for Tuesday news. It was a good day not to trade. I've lost enough money in this kind of thin market. Capital preservation day.

A good day to take the day off. Tomorrow will be more interesting.

Today was like a sail boat waiting for a breeze.

Greg
  • #804
  • Mar 28, 2006 5:52am Mar 28, 2006 5:52am
Quoting xxDavidxSxx
Here is a chart on my current position.

Target 1.2070....This should find resistance at 1.2076

Dave

edit: 55/89's are about to cross, 8/13 and TSI are bouncing off signal lines, price is bouncing off middle bolli.

1.2052 currently
1.2042/44 resistancs is broke.

trade complete +46


Dave
  • #805
  • Mar 28, 2006 6:30am Mar 28, 2006 6:30am
Dave,

You were right about the explosion. Out at 2086 on two different lots for
+ 96

Note... technically speaking there is big time resistance at this level 2086 area. 200 sma a variety of fib expansions from around 1955 area and for DiNapoli followers it is the COP from the low of March 26 as I recall. Oh yes, it is also the confluence in time of two different Fib time projections. Also approaching 2100 BWILC grid line from weeks ago.

There were so many indications that 2085 area was heavy resistance that I had put a large red rectangle in that area to remind me.

I am going to have to practice more at posting my chart. Whenever I have tried in the past I have been locked up or no show.

Lou
  • #806
  • Mar 28, 2006 6:37pm Mar 28, 2006 6:37pm
Entry: long eur 1.2002 s/l 1.2080 target open



Yesterday was a good test of a trader. I was so ready to pull out when it broke below 1.2000 but I waited and it paid.


While resistance/support holds in the current range I will go long at the bottom as long as the pivot continues to rise from day to day. If the pivot falls I'll short the top of the range. 1.2025 was yesterdays pivot and 1.2033 is todays.

Dave
  • #807
  • Edited 8:21pm Mar 28, 2006 7:49pm | Edited 8:21pm
Here is a 30 min chart on my trade.

The pivot line is showing divergance and so are all the indacaters. 8/13 is about to cross too.

Dave
Attached Image
  • #808
  • Mar 28, 2006 8:21pm Mar 28, 2006 8:21pm
-Hmmm.. this is Deja Vu all over again.


Not ready to go long or short.

Lou
  • #809
  • Mar 28, 2006 8:24pm Mar 28, 2006 8:24pm
Yea but this time I only go 3-5 pips in the neg. Instead of 20.

I remain optimistic with the indacaters.

Dave

Is the new chart colors better to see?
  • #810
  • Mar 28, 2006 8:31pm Mar 28, 2006 8:31pm
yes.... much easier to see. thanks.

L
  • #811
  • Mar 28, 2006 8:37pm Mar 28, 2006 8:37pm
Are you still using the Bollinger Fibo? if so what setting?

Lou
  • #812
  • Mar 28, 2006 8:43pm Mar 28, 2006 8:43pm
Quoting Lou
Are you still using the Bollinger Fibo? if so what setting?

Lou
Heres the chart


When the lines on the TSI cross above the red line is when a move will probly happen.

I blew up the fibo settings.

Dave
Attached Image
  • #813
  • Mar 28, 2006 10:43pm Mar 28, 2006 10:43pm
Im long at 1.2006 based on
positive divergence on 30 mn and 10 mn Woodies CCI
stoch oscillator on hourly not into overbought
Dave's thoughts
Fib time in the next hrly bar should be an up move
price riding BWILC grid line for last many hours

Target 2066
COP from 1993 /2108 /1994
62% fib retracement from last downswing

S/L 1975
Below support at 1993
On lower edge of BWILC 'fudge' zone

Lou
  • #814
  • Mar 29, 2006 9:02am Mar 29, 2006 9:02am
I feel like yesterday I got lucky. Today the price cann't seem to break above 1.2023 20ma on the 4 hr chart.

Pulling trade at break even. I think the next pivot will be below the current one. Market is pressing hard on support and cann't sustain a rally.

Current order: short 1.2023 s/l 1.2040 target 1.1990


Dave
  • #815
  • Mar 29, 2006 10:45am Mar 29, 2006 10:45am
Dave,

Did your CMS have a crash this a.m. ?

Mine did and I lost a lot of fib price and time work that disappeared from my charts when it finally came up.

As much as I like the overall pkg.... I had put a lot of time and effort into setting things up. Very disappointed in them.


Lou
  • #816
  • Mar 29, 2006 4:20pm Mar 29, 2006 4:20pm
Quoting xxDavidxSxx
I feel like yesterday I got lucky. Today the price cann't seem to break above 1.2023 20ma on the 4 hr chart.

Pulling trade at break even. I think the next pivot will be below the current one. Market is pressing hard on support and cann't sustain a rally.

Current order: short 1.2023 s/l 1.2040 target 1.1990


Dave
- 17 pips


Figured as much. But on to the next.

New pivot has dropped to 1.2013 and the price is above it.

I will long near the pivot between 1.2013 and 1.2020 with a s/l at 1.1980 since it has served well thus far. Target is open and if the price takes too long then I will pull it with small profits.

a break above yesterdays high confirms the up side and a break below yesterdays low confirms the down side. I will also go short at 1.2075 and target the 1.2053 range if the price takes my s/l.

Dave
  • #817
  • Mar 29, 2006 4:22pm Mar 29, 2006 4:22pm
Quoting Lou
Dave,

Did your CMS have a crash this a.m. ?

Mine did and I lost a lot of fib price and time work that disappeared from my charts when it finally came up.

As much as I like the overall pkg.... I had put a lot of time and effort into setting things up. Very disappointed in them.


Lou
Lou,

My charts are still setup like I had them. I checked at 10 am and it was ok.
Have you spoke to cms? Is it real or demo?

Dave
  • #818
  • Mar 29, 2006 4:55pm Mar 29, 2006 4:55pm
I decided to check the weekly pivots. 1.2063 is the pivot range. And the rally above wasn't sustained. I will take this long trade I posted only if the price doesn't retest the pivot range yet. A retest and failer will turn bias down.


I will have to rember to keep an eye on the weekly pivots too.

Dave

oyea and the 20 day ma is 1.2025 range
  • #819
  • Mar 29, 2006 5:06pm Mar 29, 2006 5:06pm
Re: CMS I am on a real account.

Took profit at 17:56 EST

+ 25


Lou
  • #820
  • Mar 29, 2006 5:10pm Mar 29, 2006 5:10pm
Dave

Re CMS charts:

What went missing was fib studies and vertical lines . All else seems to be in place, but those lines are a large part of my planning.

Lou
0 traders viewing now