Longs cleared...the last H1 candle ain't good for long. It stopped dead on the resistance created by the previous H1 wicks.
And stopped dead on the 5mn last high swing
- #535,441
- Sep 7, 2011 7:28am Sep 7, 2011 7:28am
- | Joined Nov 2010 | Status: still a Probie!!! | 3,104 Posts
- #535,442
- Sep 7, 2011 7:29am Sep 7, 2011 7:29am
Longs cleared...the last H1 candle ain't good for long. It stopped dead on the resistance created by the previous H1 wicks.
And stopped dead on the 5mn last high swing
Seems like there are 3 different channels fitting M15 at the moment - all in differnent directions...
So hoping those in broader timeframes are of some use (which are in different directions again...)
Edit - just noticed one fo the M15 channel is tracking my D1 channel - down while the rest are looking like normals moves in my H1 up channel. Still nothing to suggest it can get up past 1.410 at this point in time.
- #535,444
- Sep 7, 2011 7:36am Sep 7, 2011 7:36am
- Joined Mar 2008 | Status: Fooled by randomness | 8,364 Posts
When life gives you lemons, make lemonade
- #535,446
- Sep 7, 2011 7:41am Sep 7, 2011 7:41am
- Joined Mar 2008 | Status: Fooled by randomness | 8,364 Posts
Still looks like it will break bullish to me, its right on this UTL from the downtrendI'm never right though
EDIT: want to go to bedmake it hurry up please
yes i could say maybe 1.411x first then down to 1.398x
When life gives you lemons, make lemonade
- #535,447
- Sep 7, 2011 7:42am Sep 7, 2011 7:42am
- Joined Jul 2007 | Status: Trader | 17,796 Posts
COT: The precious data ignored
- #535,448
- Sep 7, 2011 7:44am Sep 7, 2011 7:44am
- Joined Aug 2011 | Status: Trader | 10,724 Posts
what i find quite hard to do is apply the system and strategy i use on a demo ac and apply it on a live account. I lost 30% of live account and i learnt so many things i skipped over in demo. I need to persist.... 
Have I got something on my face, SOLDIER?
- #535,449
- Sep 7, 2011 7:46am Sep 7, 2011 7:46am
- | Joined Nov 2010 | Status: still a Probie!!! | 3,104 Posts
gave the hint yesterday on gold could have made some nice profits out of it
goodluck
hk
could have made some nice profits out of it goodluck
hk
since yesterday i had
sell usdchf at 0.78519 during SNB intervention then buy USDCHF at 0.8449 -500 + 136 = -364
sell usdcad at 0.98932 and 0.99226 then buy usdcad at 0.98776 -32 -62 +30 = -64
sell eurjpy at 108.914 +30
buy eurchf at 1.20305 and 120.474 +23 +32 = 55
sell usdchf 0.86193 and buy usdchf at 0.8548 +51 +40 = 91
im still around +300 in total in the last 10 days
sell gold 1843.86 and 1807.38 +184 +74 = 258
total -364 -64 + 30 + 55 + 91 + 258 = +6 lol i robbed the market back
now i have sell eurjpy at 108.714 target...
- #535,450
- Sep 7, 2011 7:47am Sep 7, 2011 7:47am
- Joined Mar 2008 | Status: Fooled by randomness | 8,364 Posts
what i find quite hard to do is apply the system and strategy i use on a demo ac and apply it on a live account. I lost 30% of live account and i learnt so many things i skipped over in demo. I need to persist....
When life gives you lemons, make lemonade
- #535,451
- Sep 7, 2011 7:48am Sep 7, 2011 7:48am
- Joined Apr 2011 | Status: Hiroshima and Nagasaki | 8,060 Posts
44 pips took 
looking for investors . pm me
- #535,452
- Sep 7, 2011 7:51am Sep 7, 2011 7:51am
- | Joined Nov 2010 | Status: still a Probie!!! | 3,104 Posts
SL shouldnt be more than 1% of a trade if you are just starting in this business
try to work or minmising the risk .. mm is the key
goodluck
try to work or minmising the risk .. mm is the key
goodluckwhat i find quite hard to do is apply the system and strategy i use on a demo ac and apply it on a live account. I lost 30% of live account and i learnt so many things i skipped over in demo. I need to persist....
- #535,453
- Sep 7, 2011 7:52am Sep 7, 2011 7:52am
- Joined Mar 2008 | Status: Fooled by randomness | 8,364 Posts
44 pips took
i watched it grow in front of my eyes and go against me... thank god i was able to close the trade midway after the first retrace hahaha
When life gives you lemons, make lemonade
- #535,454
- Sep 7, 2011 7:54am Sep 7, 2011 7:54am
what i find quite hard to do is apply the system and strategy i use on a demo ac and apply it on a live account. I lost 30% of live account and i learnt so many things i skipped over in demo. I need to persist....
- #535,455
- Sep 7, 2011 7:54am Sep 7, 2011 7:54am
- | Joined Jul 2011 | Status: Jesus is the way. | 1,450 Posts
Demand & Supply is so balanced that prices have refused to pick a direction. Going through the charts again, I discovered for every reason to buy, there's always a reason to sell. Still gonna wait, remember, when you place a bet, make sure you're holding the stakes.
Don't just beat the markets, leave bruises.
- #535,457
- Sep 7, 2011 7:59am Sep 7, 2011 7:59am
- Joined Mar 2008 | Status: Fooled by randomness | 8,364 Posts
Demand & Supply is so balanced that prices have refused to pick a direction. Going through the charts again, I discovered for every reason to buy, there's always a reason to sell. Still gonna wait, remember, when you place a bet, make sure you're holding the stakes.
When life gives you lemons, make lemonade
- #535,458
- Sep 7, 2011 8:10am Sep 7, 2011 8:10am
why buy and go against the trend? unless i am desperately bored i wouldn't do it cause reward to risk ratio is not good when i play against the trend... i would say eurusd to 1.411x first then down to 1.398x... but that doesnt mean go long...
Which trend on which time frame tho?
Live to Trade FX - Trade FX to Live
- #535,460
- Sep 7, 2011 8:14am Sep 7, 2011 8:14am
- Joined Mar 2008 | Status: Fooled by randomness | 8,364 Posts
Which trend on which time frame tho?
use couple of oscillators on the next higher time frames
When life gives you lemons, make lemonade