PRICE Accordingly | Page 88 | 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

  • #1,741
  • Sep 27, 2011 6:32am Sep 27, 2011 6:32am
Quoting Klaxon
NZDUSD nbt long +8.7
look who's backkkkk... lol

nice trade brother..
  • #1,742
  • Sep 27, 2011 6:49am Sep 27, 2011 6:49am
well this PA has gone haywire.. lol..
it gave no chance to play the counter on it.. from a striking bearish straight to striking bullish PA.. this kind of action is the only time that we don't have a setup and its good thing bcz market is out of control and anything can happen, meaning a swing trend or whatever can change in a blink or much sudden than usual..

lets see if it gives us some nice sbt or smbt..

mean time i take some time and hit the court.. 4-0 for +63 so far today.. i try to be back for yankee take.
  • #1,743
  • Sep 27, 2011 7:03am Sep 27, 2011 7:03am
Quoting P.Dean
look who's backkkkk... lol

nice trade brother..
Thank you brother But you know in reality i never leave, i was just more silent because of period of more regular work to do, in other word i was in the bush somewhere !
Respect and Honor !
  • #1,744
  • Sep 28, 2011 1:42am Sep 28, 2011 1:42am
morning.. lets roll..

short on ej NBT stuff..
Attached Image (click to enlarge)
Click to Enlarge Name: 87.gif Size: 51 KB
  • #1,745
  • Sep 28, 2011 2:10am Sep 28, 2011 2:10am
Quoting P.Dean
morning.. lets roll..

short on ej NBT stuff..

out at BE...
too much wired stuff happening at London open.. took my shot and now better to wait for next opportunity..
Attached Image (click to enlarge)
Click to Enlarge Name: 87.gif Size: 51 KB
  • #1,746
  • Sep 28, 2011 2:17am Sep 28, 2011 2:17am
Quoting P.Dean
out at BE...
too much wired stuff happening at London open.. took my shot and now better to wait for next opportunity..
that exit was as good as a shot of JW black label.. lol
  • #1,747
  • Edited 2:53am Sep 28, 2011 2:27am | Edited 2:53am
now as you all see PA confirmed a bullish move.. it gave us a hint about it an hour ago and now off and running maybe..

so incase you wondered about my exit decision.. the above statement is the reason for it.. as i used the bounce off the mid line like a support for the retrace of the bull move.

of course knowing this and actually executing it by making firm decisions under the heat is two different things and it only comes with mass of experience and diligence.


now.. PA is striking, the band should come around as well if it don't die down on a quick reversal, so we set eyes on the most fit anticipated setup which is SBT and SMBT.. if it stalls then, counters come into play.. if it stalls some more, then neutral band could be in store for some NBT take downs..
as you see it keeps you busy at all times as you spend a mass of time in front of the screen leads to learn more from each and every move of the PA... that is gold as it eventually pays off for better feel to better decision making.
  • #1,748
  • Sep 28, 2011 3:12am Sep 28, 2011 3:12am
Good morning !
There was a nice nbt setup on Eu I think.
Btw is Gu looking nbt long right now ?
Attached Image (click to enlarge)
Click to Enlarge Name: eu nbt long.gif Size: 31 KB
  • #1,749
  • Sep 28, 2011 3:35am Sep 28, 2011 3:35am
Quoting LuisPrinc
Good morning !
There was a nice nbt setup on Eu I think.
Btw is Gu looking nbt long right now ?
it sure was my friend.. good spot.


now..
we got pa retracing.. look for sbt or smbt's..
  • #1,750
  • Sep 28, 2011 3:58am Sep 28, 2011 3:58am
Long smbt Eu ? I took a shot, but pa is crap. Maybe it wasn`t enough space to higher band ?
  • #1,751
  • Sep 28, 2011 4:00am Sep 28, 2011 4:00am
long on EU, smbt setup..
Attached Image (click to enlarge)
Click to Enlarge Name: 87.gif Size: 53 KB
  • #1,752
  • Sep 28, 2011 4:13am Sep 28, 2011 4:13am
Quoting P.Dean
long on EU, smbt setup..

out for +15..
it may run to test the HH or a possible break.. but i got out at the first hesitation bcz i want to have some money in the bank after 3hrs into my working session and 0 to show.. (this is part of daily management and helps to stay leveled mentally)
Attached Image (click to enlarge)
Click to Enlarge Name: 87.gif Size: 53 KB
  • #1,753
  • Sep 28, 2011 4:15am Sep 28, 2011 4:15am
Quoting LuisPrinc
Long smbt Eu ? I took a shot, but pa is crap. Maybe it wasn`t enough space to higher band ?
luis my man... i have said this many times.. on smbt's you don't measure to the bands, you measure to the LL/HH's..
  • #1,754
  • Sep 28, 2011 4:25am Sep 28, 2011 4:25am
Quoting P.Dean
out for +15..
it may run to test the HH or a possible break.. but i got out at the first hesitation bcz i want to have some money in the bank after 3hrs into my working session and 0 to show.. (this is part of daily management and helps to stay leveled mentally)
Sweet. I am keep my eye out for a EU DT at 3640.
  • #1,755
  • Sep 28, 2011 4:42am Sep 28, 2011 4:42am
Quoting TokyoDrifter
Sweet. I am keep my eye out for a EU DT at 3640.

well my buddy.. i know your more aggressive than i when it comes to counter takes..
for me.. since the band is still striking, i will go by in two ways..
1) 3rf
2) dt off the new high.. not off the previous high hour ago..

must add..
if i got a mild band at hand, then i consider dt of the past hour or so.. Like what we have on ej atm.
  • #1,756
  • Sep 28, 2011 5:19am Sep 28, 2011 5:19am
USDCAD nbt short closed with 5.8, i closed at the lower band around +9pips but my new ECN broker has a delay and i get only 5.8, it s a part of the game
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad shotr.gif Size: 24 KB
Respect and Honor !
  • #1,757
  • Sep 28, 2011 5:22am Sep 28, 2011 5:22am
Quoting P.Dean
well my buddy.. i know your more aggressive than i when it comes to counter takes..
for me.. since the band is still striking, i will go by in two ways..
1) 3rf
2) dt off the new high.. not off the previous high hour ago..

must add..
if i got a mild band at hand, then i consider dt of the past hour or so.. Like what we have on ej atm.
Hi P.Dean, if i have understood well before catching a DT/DB the bands must be flat or turning to the opposite direction, correct?
could you please translate "3rf" ?
  • #1,758
  • Sep 28, 2011 8:02am Sep 28, 2011 8:02am
Quoting strongtrader
Hi P.Dean, if i have understood well before catching a DT/DB the bands must be flat or turning to the opposite direction, correct?
could you please translate "3rf" ?
to answer your two question i must explain the whole plan... so, i simply refer you to the first two pages of the thread where i have laid out the whole plan..
3rfct.. is a counter trade where you go short or long a on a 3rd rf signal with out surpassing the last HH/LL.
  • #1,759
  • Sep 28, 2011 8:13am Sep 28, 2011 8:13am
here is a example of the 3rfct..
3rf trade normally looks like this where the band is not mild enough to go with just a DT/DB and not too striking to completely avoided.. its something between mild and striking to not miss a possible sudden reversal move..
Attached Image (click to enlarge)
Click to Enlarge Name: 87.gif Size: 58 KB
  • #1,760
  • Sep 28, 2011 8:21am Sep 28, 2011 8:21am
Quoting P.Dean
here is a example of the 3rfct..
3rf trade normally looks like this where the band is not mild enough to go with just a DT/DB and not too striking to completely avoided.. its something between mild and striking to not miss a possible sudden reversal move..
Hey, Dean !
I have a value of 1.16 on the 2. rf candle, why is that ? I have RF setting on 4.
Attached Image (click to enlarge)
Click to Enlarge Name: ej.gif Size: 30 KB
7 traders viewing now