PRICE Accordingly | Page 80 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Close Price VS Median Price (or other price types) 33 replies

House price data price action 1 reply

Why closing price is not the same as opening price? 1 reply

Price on charts vs. Bid and Ask price 1 reply

differences between chart price and trading price 2 replies

Attachments: PRICE Accordingly
Exit Attachments

PRICE Accordingly

  • #1,581
  • Sep 19, 2011 2:11am Sep 19, 2011 2:11am
out for +12... this took even more energy..


by the way.. i do not regeret my exit on EJ... but i could have done better to hold a bit longer... butttttttttttt, hear me out..
we are humans and not machines.. I had two trades that had gone against me right from the get go.. so psyclogical stand point could wear you down at times.. but at least i did not panic to make a premature exit.. held for enough to get the minimum.. but wear me down for enough to not wait for the band break strong or weak.. i just took the money..

so why i made the explanation above.. two reasons..
1) don't panic under pressure and stick to your trading plan..
2) if you fall into such pressure and then you come to less than perfect result.. don't beat yourself down and consider the situation that you were in and based on that pressure and situation how you handled and grade yourself.

I hope you find this live stuff useful..
Attached Image (click to enlarge)
Click to Enlarge Name: 85.gif Size: 50 KB
  • #1,582
  • Sep 19, 2011 2:18am Sep 19, 2011 2:18am
Quoting P.Dean
not risky at all my friend..
this was a perfect MSCT trade with DT.. you just need to believe it and hold it for a bit longer.. good job anyhow on getting in it in the first place..
Yes, I seen the DT but I jumped in before the RF confirmation. Kept thinking the market is gonna make me pay for that. lol
  • #1,583
  • Sep 19, 2011 2:19am Sep 19, 2011 2:19am
TD..
i totally pussed out on that perfect EU trade.. lol
the AU trade gave me a major scared as it tested the HH within 2pips of my sl and bounced back.. so i just let go of the counter eu trade..
I need to be even more fearless to be present.. so bigger, GAWD D@MIT!!! for me.. lol
  • #1,584
  • Sep 19, 2011 2:22am Sep 19, 2011 2:22am
Quoting TokyoDrifter
Yes, I seen the DT but I jumped in before the RF confirmation. Kept thinking the market is gonna make me pay for that. lol
i realized you did jump the gun.. and that's why i said what i said earlier about paranoia..

always wait for RF, especially on counter trades, its a must..
the only time we won't wait for RF close is on the NBT if the band is two narrow.

good job anyhow at least you did not get sting as it does most of times when one jumps the gun.. quick -20 is a given, lol.


lunch time for me.. be back in a bit... market might be getting hot for some SBT stuff...
  • #1,585
  • Sep 19, 2011 2:49am Sep 19, 2011 2:49am
EU MSCT .....
Attached Image (click to enlarge)
Click to Enlarge Name: eu 5m.jpg Size: 108 KB
  • #1,586
  • Sep 19, 2011 3:01am Sep 19, 2011 3:01am
Out +10. Not enough MOM for me to stay in.....

Edit: I suspect this may turn into a NBT later. But we will have to wait and see what the market has to say.
Attached Image (click to enlarge)
Click to Enlarge Name: eu 5m.jpg Size: 102 KB
  • #1,587
  • Sep 19, 2011 3:12am Sep 19, 2011 3:12am
Quoting TokyoDrifter
EU MSCT .....

TD, nice job on the bank... but
this was not a MSCT.. there is no Double bottom.. at best its just a straight one shot up retrace..
  • #1,588
  • Edited 3:24am Sep 19, 2011 3:17am | Edited 3:24am
Quoting P.Dean
TD, nice job on the bank... but
this was not a MSCT.. there is no Double bottom.. at best its just a straight one shot up retrace..
Yeah, I guess when I see the price stalling at major support. MS4 in this case. My spidey senses tell me a CT is developing.
  • #1,589
  • Sep 19, 2011 3:33am Sep 19, 2011 3:33am
Quoting P.Dean
TD..
i totally pussed out on that perfect EU trade.. lol
the AU trade gave me a major scared as it tested the HH within 2pips of my sl and bounced back.. so i just let go of the counter eu trade..
I need to be even more fearless to be present.. so bigger, GAWD D@MIT!!! for me.. lol
Lot of those GAWD D@MIT!!! moments in a traders day. lol.

I always like to youtube the The Torrettes guy when they occur. I'd post it here, but afraid the profanity may offend some of the other traders.
  • #1,590
  • Sep 19, 2011 3:53am Sep 19, 2011 3:53am
Going for a EU NBT now.....

Edit: Not an NBT. More MSCT
Attached Image (click to enlarge)
Click to Enlarge Name: eu 5m.jpg Size: 112 KB
  • #1,591
  • Sep 19, 2011 4:16am Sep 19, 2011 4:16am
Out -6pips. Dumb trade. Bad r/r and NOT an NBT.
Attached Image (click to enlarge)
Click to Enlarge Name: eu 5m.jpg Size: 109 KB
  • #1,592
  • Sep 19, 2011 4:21am Sep 19, 2011 4:21am
eyeball the EU and EJ for a possible short trade.. wait for the RF to close.. don't get too excited.. lol
  • #1,593
  • Sep 19, 2011 5:10am Sep 19, 2011 5:10am
Thanks PD. Snagged +10. Yes, I know I got in to early. Gotta control that impulse. lol
Attached Image (click to enlarge)
Click to Enlarge Name: eu 5m.jpg Size: 110 KB
  • #1,594
  • Sep 19, 2011 5:18am Sep 19, 2011 5:18am
out +13..
in the AU trade... its taking its sweet time.. dropped the risk to -5 will let it be in a hope to test the lower band.. which i think it will but at 5pips risk i suddenly sound confident..hahahaha

YW, td
Attached Image (click to enlarge)
Click to Enlarge Name: 85.gif Size: 50 KB
  • #1,595
  • Sep 19, 2011 5:24am Sep 19, 2011 5:24am
bammmmmmm.. out for +13..
Attached Image (click to enlarge)
Click to Enlarge Name: 85.gif Size: 51 KB
  • #1,596
  • Sep 19, 2011 5:25am Sep 19, 2011 5:25am
Quoting P.Dean
out +13..
in the AU trade... its taking its sweet time.. dropped the risk to -5 will let it be in a hope to test the lower band.. which i think it will but at 5pips risk i suddenly sound confident..hahahaha

YW, td
Sweet! If the EU PA can break the DL, we may see it head for S4. But I am pretty much done for the day. 4-5 +33pips.
  • #1,597
  • Sep 19, 2011 6:16am Sep 19, 2011 6:16am
Quoting TokyoDrifter
Sweet! If the EU PA can break the DL, we may see it head for S4. But I am pretty much done for the day. 4-5 +33pips.
good job bud..

i am 4-0 for +49 so far.. will trade the NY and use the wining as a cushion to see if i can get up to 100.
  • #1,598
  • Sep 19, 2011 7:15am Sep 19, 2011 7:15am
lets hope we get a valid retrace on this bearish move down so we can take it down with sbt/smbt.. otherwise count down of rf for counter..
ambush ambush... patience does pay off friends...

lets see...
  • #1,599
  • Sep 19, 2011 7:22am Sep 19, 2011 7:22am
Quoting P.Dean
lets hope we get a valid retrace on this bearish move down so we can take it down with sbt/smbt.. otherwise count down of rf for counter..
ambush ambush... patience does pay off friends...

lets see...
I am thinking counter at this level. Obama starts talking in about 9min. Might get a little spikey.
  • #1,600
  • Edited 7:53am Sep 19, 2011 7:43am | Edited 7:53am
Quoting TokyoDrifter
I am thinking counter at this level. Obama starts talking in about 9min. Might get a little spikey.
lets see what happens.. he has not started yet..
i am watching eu closely for smbt..

here is what we do.. if it gets spiky.. we watch it to settle for the 15-30 min than we take the pull..

GU and AU for counter if it hints bullish move..
EJ and EU for continues bearish move off the retrace..

bring it onnnnnnnnnnnnnn...
0 traders viewing now