Intraday price action trend trading

EUR/JPY short.

Entry: Momentum change
http://img225.imageshack.us/img225/54/211011eurjpy1.gif

Trail SL

http://img148.imageshack.us/img148/7...011eurjpy3.gif

http://img220.imageshack.us/img220/4...011eurjpy4.gif

Close: +14p (1:1)
http://img820.imageshack.us/img820/9...011eurjpy5.gif

Although it was a winner but it was not a really good trade. Momentum was slow. Maybe I was lucky

congrats with a winner! but as you said it was a bit risky play

Hello everyone,

My first trade today: EUR/JPY short
Entry: pin bar counter trend, momentum exhausted
http://img854.imageshack.us/img854/4...011eurjpy1.gif

Trail SL
http://img847.imageshack.us/img847/8...011eurjpy2.gif

Stopped at BE
http://img269.imageshack.us/img269/3...011eurjpy3.gif

Should I consider 1:1RR in counter trend?
I am off now. See you in NY session

hi friends!!!

due to some personal reasons i was forced to take a break from trading but will be back tomorrow.
unfortunately my mind was too busy trying to solve some issues and i could not commit to trading so i just took a complete break.

im finally getting back to business tho i still have to catch up so tomorrow will be my first day trading.

wish you all happy trading!!

hope to post some charts w u all tomorrow!!!

have a great day!

Good to have you back Elliotrader.

I missed the signal bar and trade marked by the arrow around (9 - 9:15 AM EST). Was considering of taking the PB trade at the ellipse but noticed right on a suply level on the 4H and a 4H PB forming also near a RN so I passed.

Price ups and downs together a little momentum, if yes there is not any confirmation.
Waiting , waiting and waiting

good morning!!

anyone here or im all alone?...

Morning!! Present but not seeing any set ups worth noting yet. A couple of long PB's on USDCHF, AUDUSD and EURCHF but they look like possible counter trend on the 4H or just still range bound so sitting on the sidelines(I've been doing that a lot lately -- sitting on the sidelines) .

This is what I was looking at on the AUDUSD. Stop was too wide.

Spread widening
Do you have this problem? My broker's spread of major pairs (e/u, g/u, a/u, u/cad) is usually around 1-3 pips. But there is some abnomal spread in 30 minutes recently (5-8 pips or more). Is there any big news at this time. It seems that there is not any important news.

I might have looked too much after the fact but I'm not seeing that wide of spread ---mine are normal --- I currently use Tradestation.

Charts were recorded an hour a go (13h15-13h30 GMT)
http://img192.imageshack.us/img192/7135/spread1.png

http://img848.imageshack.us/img848/1729/spread2.png

Don't know why. I'll stop trading now. Don't want to get caught of these problems

hi guys!
i took some trades today but i left the screenshots i've made in another computer i use...i'll post 'em tomorrow.. see you

USD/CAD short
Entry: Outside bar
http://img507.imageshack.us/img507/3...011usdcad1.gif

Trail SL
http://img802.imageshack.us/img802/5...011usdcad2.gif

Close: +1p <- Bad exit
http://img641.imageshack.us/img641/6...011usdcad3.gif

GBP/JPY short

Entry: Outside bar
http://img406.imageshack.us/img406/3...011gbpjpy1.gif

Trail SL
http://img812.imageshack.us/img812/3...011gbpjpy2.gif

Stopped at BE
http://img851.imageshack.us/img851/1...011gbpjpy3.gif

here you go..

nice reaction with Demand..

that was the double ib bo... first one was long(after retracement) and another reversal short... the result for both trades was almost zero

regarding your cad exit.. Sho would say you haven't listened to market.. what it's telling you that last biig bar ( comparing to others) looked like an exhaustion... and closed with long leg(wick) showing bears were taking there profit... but i dunno what rules of exit do you use... i have the same issues when exiting

cad and gu...
1 looser and 1 winner..