Daily Chart Trading Discussion | Page 13 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Daily Trading Signals, Discussion, Share and Analysis 18 replies

Daily Scalping EA - Discussion Thread 349 replies

Chart Pattern Discussion 4 replies

Chart patterns and trendline discussion.... 293 replies

Daily Scalping Hedging/ATR Discussion 23 replies

Attachments: Daily Chart Trading Discussion
Exit Attachments

Daily Chart Trading Discussion

  • #241
  • Sep 25, 2011 4:05am Sep 25, 2011 4:05am
Quoting tradpat
hi riko

i like your plain chart analyst, u v good indeed and make sense.

i seldom use "3 black crows" to analyse. thanks 4 bringing up here. i just looked it up for reference shouldn't all 3 candles be equal/similar sizes?
http://www.candlesticker.com/Cs74.asp
http://www.candlestickchart.com/indicators/2238.html

maybe u r right... gold has been staying long too long... possible it is now in an adjustment period.

i hope to catch the right PA on H4/H1 for entry. as i work full time, i have time constrain...
ı should have called it "three identical crows"

"An interesting aspect about these three crows is that the open of the second and third black candlesticks are at, or very near, the close of the prior black candlestick. This is referred to as "identical three crows".It is regarded as especially bearish, but very rare pattern..." steve nison

ı dont know 3 candles should be equal or not.

as ı can see, in currency market black crows are mostly " identical"

good trading

http://www.hotcandlestick.com/candles.htm
Attached Images
  • #242
  • Sep 25, 2011 7:12am Sep 25, 2011 7:12am
Quoting riko2705
ı should have called it "three identical crows"

"An interesting aspect about these three crows is that the open of the second and third black candlesticks are at, or very near, the close of the prior black candlestick. This is referred to as "identical three crows".It is regarded as especially bearish, but very rare pattern..." steve nison

ı dont know 3 candles should be equal or not.

as ı can see, in currency market black crows are mostly " identical"

good trading

http://www.hotcandlestick.com/candles.htm...
hi riko

thanks for sharing.

yes, gbp-usd and like most pairs that i observed over the weekend are just passed or nearby round numbers RN '1000 or '500... something to watch for, my 2 cents

happy pipping to all traders next week.
  • #243
  • Edited 9:36am Sep 25, 2011 8:57am | Edited 9:36am
hi riko n traders

i just read this article about gold. it mentioned the price retraced on 61.8% fibo which i seldom refer to. however, it maybe of your interest to know... to prepare for next cause of action.

http://www.forex-fx-4x.com/gold-pric...4911-analysis/

similarly below is another article about gbp-usd. it mentioned a double bottom on H1. i think it is a good chart analyst

http://www.fxtimes.com/technical-upd...t-is-targeted/

cheers

p.s. both are listed in ff.
  • #244
  • Sep 25, 2011 11:30am Sep 25, 2011 11:30am
Quoting tradpat
hi riko n traders

i just read this article about gold. it mentioned the price retraced on 61.8% fibo which i seldom refer to. however, it maybe of your interest to know... to prepare for next cause of action.

http://www.forex-fx-4x.com/gold-pric...4911-analysis/

similarly below is another article about gbp-usd. it mentioned a double bottom on H1. i think it is a good chart analyst

http://www.fxtimes.com/technical-upd...t-is-targeted/

cheers

p.s....
thanks ,
have good trading week
  • #245
  • Sep 25, 2011 7:47pm Sep 25, 2011 7:47pm
Quoting tradpat

i let open 3 pairs running: eur-cad (+ve), eur-aud (+ve) and eur-gbp (in -ve)
manual closed eur-gbp for a loss 40+pips

manual closed eur-aud for a profit 260+pips reason long upper wick candles seen on H4/H1

cheers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur-gbp long 23-9 91x-d.gif Size: 29 KB
Click to Enlarge Name: eur-aud long 22-9 92p-4.gif Size: 23 KB
  • #246
  • Sep 26, 2011 8:57pm Sep 26, 2011 8:57pm
Quoting tradpat

i let open 3 pairs running: eur-cad (+ve), eur-aud (+ve) and eur-gbp (in -ve)
i manual closed the last pair eur-cad for +280 pips after observing the reversed PB pulled back from RN 1.4000

cheers
Attached Image (click to enlarge)
Click to Enlarge Name: eur-cad long 20-9 92p-4.gif Size: 22 KB
  • #247
  • Sep 27, 2011 3:49am Sep 27, 2011 3:49am
i buy eur-usd on the entry today, with RR 1:2.
i wonder whether my RR can be achieved in this counter trend?
comments are welcome.

cheers
Attached Image (click to enlarge)
Click to Enlarge Name: eur-usd buy 27-9 02-d.gif Size: 22 KB
  • #248
  • Sep 27, 2011 4:02am Sep 27, 2011 4:02am
Quoting tradpat
i buy eur-usd on the entry today, with RR 1:2.
i wonder whether my RR can be achieved in this counter trend?
comments are welcome.

cheers
Im long here are 1.3488 SL- 1.3348 TP- 1.3748
  • #249
  • Sep 27, 2011 4:47am Sep 27, 2011 4:47am
Quoting highlander2
Im long here are 1.3488 SL- 1.3348 TP- 1.3748
gr8, highlander!


at times i find myself unable to find a "suitable" TP.
i buy a-j and e-j today but still wonder where to set TPs.
i left e-j "open" TP, for a-j thou i set it, i am still in puzzling

how do you normal go about TP?

cheers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1ej.gif Size: 18 KB
Click to Enlarge Name: 2aj.gif Size: 19 KB
  • #250
  • Sep 27, 2011 8:06am Sep 27, 2011 8:06am
hi

just lock 100 pips on gold which i buy... waiting to see RN 1700 to hit... n a reversal PA on the current downtrend

cheers
Attached Image (click to enlarge)
Click to Enlarge Name: gold long 26-9 04-4.gif Size: 21 KB
  • #251
  • Sep 27, 2011 8:24am Sep 27, 2011 8:24am
i also lock silver for +150 p... looking for RN35.00... and a reversal PA on downtrend

cheers
Attached Image (click to enlarge)
Click to Enlarge Name: silver long 26-9 04-4.gif Size: 19 KB
  • #252
  • Sep 27, 2011 7:03pm Sep 27, 2011 7:03pm
reviewing eur/jyp, aud/-jyp n eur/usd n found a similar pattern appeared i.e. PB is shown "every where" on H4... this gave me uneasy feeling thus i manually closed all for minor profits

cheers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud-jpy long 26-9 91p-4.gif Size: 20 KB
Click to Enlarge Name: eur-jpy buy 27-9 91p-4.gif Size: 20 KB
Click to Enlarge Name: eur-usd buy 27-9 91p-4.gif Size: 21 KB
  • #253
  • Sep 27, 2011 7:40pm Sep 27, 2011 7:40pm
Quoting tradpat
hi

just lock 100 pips on gold which i buy... waiting to see RN 1700 to hit... n a reversal PA on the current downtrend

cheers
Quoting tradpat
i also lock silver for +150 p... looking for RN35.00... and a reversal PA on downtrend

cheers

my gold SLo was hit for +200 p... i saw a PB liked bar appeared earlier.
i turned to silver n so a PB popped a few bars back... thus i manual closed it for +190

interesting to note all 5 pairs i closed this morning after PB and most are around RN... i think it is a sign of "changing trend" any idea?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: silver long 26-9 91p-4.gif Size: 19 KB
Click to Enlarge Name: gold long 26-9 91p-4.gif Size: 21 KB
  • #254
  • Sep 27, 2011 7:55pm Sep 27, 2011 7:55pm
hi traders

i just replied to my good friend who is an experience fx trader, by the name darkwolf and his thread http://www.forexfactory.com/showthre...15#post4993215
that after his pointers i am now a STRONG believer in Round Rumbers (RN)... of course plus PA + PATIENCE

english is not my main language thus i doubt i can explain well but a picture tells thousand words, see below

p.s. many thanks to dw
Attached Image (click to enlarge)
Click to Enlarge Name: 1eurn.gif Size: 28 KB
  • #255
  • Sep 27, 2011 8:53pm Sep 27, 2011 8:53pm
Quoting tradpat
manual closed eur-gbp for a loss 40+pips

manual closed eur-aud for a profit 260+pips reason long upper wick candles seen on H4/H1

cheers
hi,pls what MA do u hv on your chart?
  • #256
  • Sep 27, 2011 9:24pm Sep 27, 2011 9:24pm
Quoting ayour2a
hi,pls what MA do u hv on your chart?
20
  • #257
  • Sep 28, 2011 1:51am Sep 28, 2011 1:51am
my SLo for usd-cad was hit for basically BE
but my usd-sgd is still alive (its SLo was almost hit )

cheers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usd-cad sell 27-9 02-d.gif Size: 23 KB
Click to Enlarge Name: usd-cad sell 27-9 91p-d.gif Size: 19 KB
Click to Enlarge Name: 2sgd.gif Size: 20 KB
  • #258
  • Sep 28, 2011 5:00pm Sep 28, 2011 5:00pm
Quoting tradpat
my SLo for usd-cad was hit for basically BE
but my usd-sgd is still alive (its SLo was almost hit )

cheers

too bad... the market eventually swing back to hit my SLo... even this time
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usd-sgd sell 27-9 03-d.gif Size: 19 KB
Click to Enlarge Name: usd-sgd sell 27-9 91e-d.gif Size: 22 KB
  • #259
  • Sep 29, 2011 1:53am Sep 29, 2011 1:53am
even with a "good" candle/PA, the market would come back n hit you like my case this is the market... no one can beat her !
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbp-cad sell 27-9 01-d.gif Size: 26 KB
Click to Enlarge Name: gbp-cad sell 27-9 91x-d.gif Size: 21 KB
  • #260
  • Sep 30, 2011 5:09am Sep 30, 2011 5:09am
hi

with BB, gold n silver in H4 are showing ranging or entering in to tunnels ... now i am patiently waiting for a good PA on Daily... comment pls?

cheers

p.s. sometime BB is a handy tool for me
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1s.gif Size: 20 KB
Click to Enlarge Name: 2g.gif Size: 21 KB
0 traders viewing now