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Forex Day Trading

  • #201
  • Aug 25, 2011 6:20am Aug 25, 2011 6:20am
Quoting bogus
Short A/U now.
Hi bogus,

Good spot on the trendline.

Sometimes it can pay to wait for a break pullback continuation pattern with sloping trendlines.

Lets hope this one goes well in your favour.

Cheers.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #202
  • Aug 25, 2011 7:11am Aug 25, 2011 7:11am
Quick short on EU 5 min. My entry after the second retest of the RN area was a bit more aggressive than I normally would take but on this occassion it worked in my favour. +17 pips.
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Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #203
  • Aug 25, 2011 7:55am Aug 25, 2011 7:55am
Quoting DarkWolF
Quick short on EU 5 min. My entry after the second retest of the RN area was a bit more aggressive than I normally would take but on this occassion it worked in my favour. +17 pips.


Quoting DarkWolF

The swing points are usually the best areas to place your stops or at obvious horizontal levels. Now that is not going to happen on the daily for a good few days if it does pan out your way, or simply use the 4 hourly swing areas as your trailing stops.
thx for the idea... u good man
  • #204
  • Aug 25, 2011 11:50am Aug 25, 2011 11:50am
Quoting nbafx
e-a has formed 3 little pb over last 3 trading days... just wonder, is this indicating the downtrend diminishing in strength (btw a huge pb shown in weekly)?
i closed my e-a (post 81) for BE after 10 days observing that the trade was seemed "indirection" or in range... now waiting for the new sign of opp to trade.

cheers
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  • #205
  • Aug 25, 2011 4:05pm Aug 25, 2011 4:05pm
Quoting DarkWolF
Short triggered at .98723
Got pretty lucky with this USDCAD 4 hour short by the looks, overnight it hit my TP line crossed it by a few pips. After hitting it, price moved straight back up.

All good as my order was sitting there to take me out if price got to that level. +78 pips.
Attached Image(s) (click to enlarge)
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Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #206
  • Aug 25, 2011 7:31pm Aug 25, 2011 7:31pm
my g-u update... moved SLo=BE... look forward to seeing one more candle (i hope) to reach my TP
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  • #207
  • Aug 25, 2011 7:51pm Aug 25, 2011 7:51pm
Quoting nbafx
my g-u update... moved SLo=BE... look forward to seeing one more candle (i hope) to reach my TP
oops!
after zooming i noticed the "critical" line... either i continue the trade to south or risk to it to re-bounce at this "critical" (take back my profit pips)... i decided to close for 180 gain!
looking for new oop set up!
cheers
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  • #208
  • Aug 25, 2011 7:57pm Aug 25, 2011 7:57pm
looking forward to see my g-a reaching the tp
i short g-a on H4 after the PB formed, bounced from the red MA.
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  • #209
  • Aug 25, 2011 9:10pm Aug 25, 2011 9:10pm
Order on the AUDJPY,

Got it on the 1 hour but an thinking this trade might last a few days,

Big R:R potential.

Should be fun.

Ill let you guys know how it goes.

I have been trying to follow a new (for me) method called "Trading Made Simple", people seem successful. Thats why I haven't been posting here, But have been following you guys.

But this is my personal trade and plan.

Always looking for less stress
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Ask me again when I know what I'm talking about.
  • #210
  • Aug 25, 2011 9:52pm Aug 25, 2011 9:52pm
i long silver on H1 (so far so good ) after seeing a series of positive formations...
i/ the (bottom most) PB + IB + bullish engulfing candle, then came
ii/ a long lower wick doji cum PB candle + bullish candle + IB
cheers

edit: the last hour PB candle seen.
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  • #211
  • Aug 26, 2011 1:26am Aug 26, 2011 1:26am
Quoting DarkWolF
Hi bogus,

Good spot on the trendline.

Sometimes it can pay to wait for a break pullback continuation pattern with sloping trendlines.

Lets hope this one goes well in your favour.

Cheers.
True, I was a bit keen. I took it on a 15 minute entry and it didn't work out. Nice E/C you had I'm away for a couple of weeks on holiday in Queensland. Hope the markets are back to normal then.
Good trading to all.
Cheers. Bogus.
FF journal: Peaks and Troffs
  • #212
  • Aug 26, 2011 5:11am Aug 26, 2011 5:11am
Quoting nbafx
oops!
after zooming i noticed the "critical" line... either i continue the trade to south or risk to it to re-bounce at this "critical" (take back my profit pips)... i decided to close for 180 gain!
looking for new oop set up!
cheers
Nice work on the trades nba, looks like your managing to get some pips in the bank.

Its good to get the TP and bank the pips rather than watching the pips go back to the market
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #213
  • Aug 26, 2011 5:14am Aug 26, 2011 5:14am
Quoting Loooit
Order on the AUDJPY,

Got it on the 1 hour but an thinking this trade might last a few days,

Big R:R potential.

Should be fun.

Ill let you guys know how it goes.

I have been trying to follow a new (for me) method called "Trading Made Simple", people seem successful. Thats why I haven't been posting here, But have been following you guys.

But this is my personal trade and plan.

Always looking for less stress
Hi Loooit,

As long as your finding something that you feel comfortable trading then its all good.

Plan your trade... trade your plan...

Cheers.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #214
  • Aug 26, 2011 5:16am Aug 26, 2011 5:16am
Quoting bogus
True, I was a bit keen. I took it on a 15 minute entry and it didn't work out. Nice E/C you had I'm away for a couple of weeks on holiday in Queensland. Hope the markets are back to normal then.
Good trading to all.
Cheers. Bogus.

Hi Bogus,

Hope your holiday goes well. Get some of that nice Queensland sunshine into ya'

Cheers.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #215
  • Aug 26, 2011 5:18am Aug 26, 2011 5:18am
Took this short on EU 5 min, not looking too promising so far but see how it goes.
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Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #216
  • Aug 26, 2011 6:37am Aug 26, 2011 6:37am
Quoting DarkWolF
Took this short on EU 5 min, not looking too promising so far but see how it goes.
Closed +14 pips
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Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #217
  • Aug 26, 2011 7:11am Aug 26, 2011 7:11am
Nice trading DW.

The power of the H1 PB.

Over +90 Pips open on first position and over +60 Pips on second position.
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  • #218
  • Aug 26, 2011 7:26am Aug 26, 2011 7:26am
Quoting Musashi
Nice trading DW.

The power of the H1 PB.

Over +90 Pips open on first position and over +60 Pips on second position.
Good trading there Musashi, nice pips
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #219
  • Aug 26, 2011 7:29am Aug 26, 2011 7:29am
News due out in a few mins so watch those positins
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #220
  • Aug 26, 2011 7:33am Aug 26, 2011 7:33am
Quoting DarkWolF
News due out in a few mins so watch those positins
Just moved stops down to BE on both. See what happens.

Taking a look at the H4 chart can quite clearly see the supply zones.

All good in hindsight.
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