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Attachments: Pivots + RSX + Stochastic on M15 & M30 - Intraday rangebound
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Pivots + RSX + Stochastic on M15 & M30 - Intraday rangebound

  • #1,501
  • Sep 23, 2011 2:34am Sep 23, 2011 2:34am
EUR/AUD H4

Attached Image (click to enlarge)
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  • #1,502
  • Sep 23, 2011 3:02am Sep 23, 2011 3:02am
Quoting bullzeye
EUR/AUD H4

Attachment
i have entered that trade with target 100 Pips

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  • #1,503
  • Sep 23, 2011 5:17am Sep 23, 2011 5:17am
Quoting bullzeye
i have entered that trade with target 100 Pips

Attachment
hit my SL -50 Pips
  • #1,504
  • Sep 24, 2011 3:26am Sep 24, 2011 3:26am
Quoting bullzeye
i have entered that trade with target 100 Pips

Attachment
well case is the following,

you should have taken a higher price for an entry, since this is a h4 timeframe you missed the first 100 pips down from the supply area, means that you could have moved your stop to BE or even bank in profit.

late entry.

anyway keep on and include this in further trades to improve the result
Hero calls followed by margin calls...
  • #1,505
  • Sep 24, 2011 3:42am Sep 24, 2011 3:42am
Quoting PhAnTi'
well case is the following,

you should have taken a higher price for an entry, since this is a h4 timeframe you missed the first 100 pips down from the supply area, means that you could have moved your stop to BE or even bank in profit.

late entry.

anyway keep on and include this in further trades to improve the result
all in all the analysis was nice.
We did have a nice supply level with an overbought market condition.

= price is likely to turn and correct a bit = we enter the trade with a nice r:r ratio and catch the pips.

Please note : the previous move was pretty pretty strong,solid and fast. So actually we dont want to fade the trend.
Hero calls followed by margin calls...
  • #1,506
  • Sep 24, 2011 3:51am Sep 24, 2011 3:51am
I try to post at least one analyzed chart a day...so here we go for today :

Daily EURAUD chart.

I marked the major supply and demand levels out.

About 3000-4000 k pips this year by trading the very major supply and demand levels on one single pair !

Screen time : ~ about 20 minutes a day.
stress: whats that ?

Trading 1 standard lot and you earn 30 000 - 40 000 €..... so where's the problem?

Dont hesitate to ask any kind of questions at anytime..... i might need several days to answer them though.... daily job etc.

Jonas , have a nice weekend guys.

Attached Image (click to enlarge)
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Hero calls followed by margin calls...
  • #1,507
  • Sep 24, 2011 4:13am Sep 24, 2011 4:13am
Quoting highlander2
Here is a level I am watching on e/u, I had a pending sell at 63 which has been missed. but looking at the PA i suspect it may be looking breakout up through 3567.

3400-3500 area could stop this baby for the moment in my opinion, absolutely nice spot to load some longs with tight stops.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 128 KB


im out, have a nice we

Jonas
Hero calls followed by margin calls...
  • #1,508
  • Sep 25, 2011 5:02am Sep 25, 2011 5:02am
meeeeeaow, where r u guys?
Hero calls followed by margin calls...
  • #1,509
  • Sep 25, 2011 12:14pm Sep 25, 2011 12:14pm
we're here but I'm a tad dissappointed because i lost quite alot friday on a xau/usd trade
  • #1,510
  • Sep 25, 2011 10:32pm Sep 25, 2011 10:32pm
good morning guys, let's have a splendid day today!
  • #1,511
  • Sep 26, 2011 1:01am Sep 26, 2011 1:01am
Good morning everyone!

First of all I want to thank Jonas for sharing his system and everyone who contributed to this thread. Although I didn't read every single post (I'll surely do the next days) I already learnt a lot. The system really seems to fit my trading style and I hope I finally found my own "holy grail".

Today I'll start to post my live trades in this thread. As I'm a little bit busy the next weeks (studying for some exams...) I won't have so much time to trade...

Let me just introduce myself: My name is Daniel and I'm from Germany (-> English is not my mother tongue - be patient with me). About one year ago I started being fascinated by FX. I tried many different systems, EAS,...etc...though in the longterm every single approach wasn't successful.
Finally I searched for people at FF who seemed to be successful in the longterm (especially in the interactive trading forums) and tried to figure out what some of them have in common. Two key words I often found in the posts of this guys were: S & D, PA...So I learnt more about these concepts and finally found this system. I hope this thread is the end of my FX journey and I'll be able to contribute something to it.

I'll continue posting two live trades.

See you!

Daniel
  • #1,512
  • Sep 26, 2011 1:51am Sep 26, 2011 1:51am
Attached Image

This was a trade I took on GBPCAD H1 this morning.
I entered right after the shooting star and moved my SL to BE after the trade was 20 pips in profit. I wanted to reduce the risk as fast as possible (I realized a possible resistance at 1,5950 after I entered the trade giving me a relatively bad risk reward ratio of about 1:1). I finally got stopped out at BE. At the moment the trade would have been in profit...but at least I didn't make any loss...
  • #1,513
  • Edited 2:11am Sep 26, 2011 1:59am | Edited 2:11am
Attached Image

I took this trade on AUDUSD M30 (entrance after the hammer). SL at BE after the trade was 40 pips in profit. Looks quite promising at the moment...

Edit: TP reached at 0.9759
  • #1,514
  • Sep 26, 2011 8:38am Sep 26, 2011 8:38am
Attached Image

I just took this trade in GBPCAD 15 MIN (level is supported by nearly all higher timeframes). Entrance after the shooting star. SL: 1,6155; TP: 1,5965
  • #1,515
  • Sep 26, 2011 9:25am Sep 26, 2011 9:25am
offtopic trade:
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paid off.
  • #1,516
  • Sep 26, 2011 9:48am Sep 26, 2011 9:48am
Quoting profitoffx
Attachment
I just took this trade in GBPCAD 15 MIN (level is supported by nearly all higher timeframes). Entrance after the shooting star. SL: 1,6155; TP: 1,5965
Set SL at BE.
  • #1,517
  • Sep 26, 2011 11:49am Sep 26, 2011 11:49am
Quoting profitoffx
Good morning everyone!

First of all I want to thank Jonas for sharing his system and everyone who contributed to this thread. Although I didn't read every single post (I'll surely do the next days) I already learnt a lot. The system really seems to fit my trading style and I hope I finally found my own "holy grail".

Today I'll start to post my live trades in this thread. As I'm a little bit busy the next weeks (studying for some exams...) I won't have so much time to trade...

Let me just introduce myself: My name is Daniel and I'm from...
Hey Daniel,

nice to meet you !

The more traders we have posting charts in this thread the better we can improve this strategy.

Hope you are ok,

take care and never hesitate to ask questions.

Liebe Grüße aus Stuttgart,

Jonas
Hero calls followed by margin calls...
  • #1,518
  • Sep 26, 2011 11:52am Sep 26, 2011 11:52am
Quoting profitoffx
Attachment
This was a trade I took on GBPCAD H1 this morning.
I entered right after the shooting star and moved my SL to BE after the trade was 20 pips in profit. I wanted to reduce the risk as fast as possible (I realized a possible resistance at 1,5950 after I entered the trade giving me a relatively bad risk reward ratio of about 1:1). I finally got stopped out at BE. At the moment the trade would have been in profit...but at least I didn't make any loss...
always good to move stop to be as soon as possible, thing is that you should adapt this line to the timeframe you are trading.... so 20 pips in profit for a h4 trade is pretty little, but aint for a M5 timeframe etc.

Please post charts by uploading them and inserting them via ''insert image'' that we see your complete charts

Jonas
Hero calls followed by margin calls...
  • #1,519
  • Sep 26, 2011 11:53am Sep 26, 2011 11:53am
Quoting profitoffx
Attachment
I took this trade on AUDUSD M30 (entrance after the hammer). SL at BE after the trade was 40 pips in profit. Looks quite promising at the moment...

Edit: TP reached at 0.9759
nice one,always move sl to be, bank some and let a little part run for higher levels.
Hero calls followed by margin calls...
  • #1,520
  • Sep 27, 2011 12:20am Sep 27, 2011 12:20am
Quoting PhAnTi'
always good to move stop to be as soon as possible, thing is that you should adapt this line to the timeframe you are trading.... so 20 pips in profit for a h4 trade is pretty little, but aint for a M5 timeframe etc.

Please post charts by uploading them and inserting them via ''insert image'' that we see your complete charts

Jonas
Hi Jonas!

I appreciate a lot your valuable comments - thank you! Actually one of my first questions would have been how you manage your trades. From what you have written it seems

- you set your SL to BE as soon as possible (according to the timeframe - thank you for this comment; indeed I often forget to have a look at the timeframe even if I read a lot about it at FF (average daily range,...); in this case I just didn't feel comfortable with the trade because of the low r:r (which r:r are you at least looking for when entering a trade?)).

- you let some of your profits run (I'll incorporate this in my trading. By reading the thread building an equity millipede I became aware of the power of participation; until which levels do you let your trades run?)

I'll try to post the charts the way you suggested. Today I'll just post one trade as I have a lot to do and can't spend much time with trading.

Attached Image (click to enlarge)
Click to Enlarge Name: trade4.gif Size: 27 KB


I entred this trade this morning after the first red candle you can see after the move up (NZDUSD 15 Min). SL: 0.7905; TP1: 0.7814; TP2: 0.7780; TP3:0.7687

SL will be set to BE when trade is 30-40 pips in profit (if it will be profitable...)

Have an excellent day every one!

Daniel
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