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  • #701
  • Edited 7:51pm Oct 28, 2011 7:44pm | Edited 7:51pm
Quoting VennD
... Don't you see the technicals ? But if you chase the price ... hehehe
1.0051 target
I am ...
long @ 0.9902 + short @ 0.9968 (+66 pips)
long @ 0.9939 + short @ 0.9968 (+29 pips)
Looking for some more ...
No Good ! Cannot go to 1.0051 atm ...

Added to the above trades ...

short @ 0.9966 + long @ 0.9918 (+48 pips)
short @ 0.9955 + long @ 0.9917 (+38 pips)
short @ 0.9945 + long @ 0.9923 (+22 pips)
short @ 0.9941 + long @ 0.9923 (+18 pips)
short @ 0.9944 + long @ 0.9923 (+21 pips)
short @ 0.9955 + long @ 0.9923 (+32 pips)

Total secured +274 pips , ... excluding +585 pips (short @ 1.0478 + long @ 0.9893)

Good Luck to your trades ... next week...
Attached Image (click to enlarge)
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  • #702
  • Oct 29, 2011 4:11am Oct 29, 2011 4:11am
USD/CAD – Bias (Overall): Bearish + Potentially Consolidating

http://lcchong.files.wordpress.com/2...ng?w=837&h=381
  • #703
  • Oct 29, 2011 1:59pm Oct 29, 2011 1:59pm
Hi guys..i hope everyone is enjoying the pips...

But i have to ask VennD something...i have been reading ur posts for maybe a month...both on audusd and usdcad...i trade with andrews picthfork and honestly i am not that bad...i just have medium perfomance...but i shud admit that i admire ur performance and i have been downloading ur screenshots and looking at them and trying to understand how you detect the exact tops and bottoms...its something which i thought to be impossible...and u are doing it ! its unbelievable and amazing ! and as i saw on ur charts you use only equidistand channels and linear regression channels , fibonacci tool and some pattern indicators...am i right ? and which one is ur major one while deciding or positions ? as i know the price does not obey the fibonacci all the time...and channels are too subjective...there can be lots of channels drawn on the hart by different eyes,different people...so its also difficult to draw the channel which the price will obey...i really dont have any idea about how you make use of those tools...but its for sure that u are good at it...

And one more thing...do you trade only when the important evenst are announced (like unemployment and home sales and etc..)...or do u spend most of ur time in front of the computer trying to decide which channel the price will obey...

regards...
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #704
  • Edited 6:14pm Oct 29, 2011 6:09pm | Edited 6:14pm
Quoting selym_co
Hi guys..i hope everyone is enjoying the pips...

But i have to ask VennD something...i have been reading ur posts for maybe a month...both on audusd and usdcad...i trade with andrews picthfork and honestly i am not that bad...i just have medium perfomance...but i shud admit that i admire ur performance and i have been downloading ur screenshots and looking at them and trying to understand how you detect the exact tops and bottoms...its something which i thought to be impossible...and u are doing it ! its unbelievable and amazing ! and as i saw...
Hello selym_co ! How r u ? U even chase me in here ? ... coz u think Im good ? No, Im not ! Probably ur far better than me. or ... probably also ... I knw more than you , I hv noted yr qstns. Will answer them later coz right now I hv other work to do.

I saw that ur so cruel selling that eur/chf ? If u hvn't knw ... SNB is defending tht 1.20 ... as of now. Try to relate it with your technicals. So ... don't try to short eur/chf from that level unless SNB say so ... but ... who cares if you wanna try. I sold it from 1.2470 and had locked some pips incase SNB is drunk again ... ... (I will show you some charts later in eurchf thread if I don't forget).

My apology to other forumers of this thread for speaking about eur/chf to selym_co in this thread. Take something out of it if there is ... for learning process...

selym_co , I will reply 2u again later ... in this thread ... gl !
  • #705
  • Oct 29, 2011 6:22pm Oct 29, 2011 6:22pm
Quoting VennD
Will answer them later coz right now I hv other work to do.
Well...u r really humble...but i really admire ur way of trading...so original , high self-confidence , high performance about picking the tops and the bottoms , making good use of the fibonacci tools and the other tools , ... I am almost opposite , i draw and draw until i get mad and very hungry Then i eat something and then go on drawing...and yes it gives me profitable orders...but i will have white hairs soon if i go on like this...i need the advices of an experienced trader...so u dont need to be humble...be sure i ll be looking forward ur answer..

about eurchf...i closed my orders with above 100pips profit on friday..and yes i am so cruel about my sell order in that pair...on monday i ll again SELL it on the first suitable chance

anyway...thank u for ur answer...take care...
Imagination rules the world ...
Selym Hyll Return This Year: na
  • #706
  • Oct 30, 2011 5:33pm Oct 30, 2011 5:33pm
[BUY/LONG LIMIT ORDER]

entry: 0.9814
TP: 0.9916


[SELL/SHORT LIMIT ORDER]

entry: 0.9995
TP: 0.9855
  • #707
  • Edited Oct 31, 2011 5:23am Oct 30, 2011 11:29pm | Edited Oct 31, 2011 5:23am
Quoting selym_co
Hi guys..i hope everyone is enjoying the pips...

But i have to ask VennD something...i have been reading ur posts....... and which one is ur major one while deciding or positions ?
Art students like u must be good with probabilities but I think u can try to combine them with Engineering for precision. That's what ur asking for, right ?

Refering to yr qstns ... partly ur right and partly not quite. Some of them u have the answers. Pertaining to the indicator patterns... not quite. If Im bored while waiting for the prices to make it moves, I drew them as I remember seeing some of the established patterns. However, my drawings are totally out of the specs , so ... considered those as ... I drew what I like. Who cares anyway Sometimes I can even see a pyramid, a kangaroo and a cave in the charts ! Hopefully ... In usd/cad , I can see a picture of an oil platform

Positions decisions : TLs/Channels crossing + Fibos/R&S.
Directions:EMA/SMA
Precision/Accuracy: Signal Candles + TLs.
Time of Executions: Signal Candles/Fibo Levels/Fundies/News.

Note: Your Pitchfork is a combinations of TLs/Channels. That's ok.

Fibos is good if u can apply it correctly and understand well what prices would do upon arriving at each of the levels.

Lower TF's (5-15m) Signal Candles are good as a warning to standby execution. 3-20 pips after it appears ... confluence with the said TL = EXECUTE ! (few pips of SL require from the prior high/low bars if there is. Otherwise ... look for previous R&S, confluence with previous TLs with it , to place yr SL). If u got the Signal Candles from higher tfs ... it would mean a long term trades, ... and if u got it from lower tfs ... it would probably mean short / long "scalps" only.

TLs came from higher tfs are much better. Those TLs usually months or years never been touch are much stronger.

Quoting selym_co
And one more thing...do you trade only when the important evenst are announced (like unemployment and home sales and etc..)...or do u spend most of ur time in front of the computer trying to decide which channel the price will obey...regards...
Apart from having a money changer businessess ...this is my only hobby... 'forexing' ... if there's a word for it. Anyways ... good luck 2u, selym_co ! (I hv posted e/chf charts in the eur/chf thread - U can see them there ... what are the conflunces that I used to sold it from the utmost tip).
  • #708
  • Oct 31, 2011 1:32am Oct 31, 2011 1:32am
Quoting kibescorp
[BUY/LONG LIMIT ORDER]

entry: 0.9814
TP: 0.9916


[SELL/SHORT LIMIT ORDER]

entry: 0.9995
TP: 0.9855

Scratch these orders. The BoJ intervention has thrown a monkey wrench into everything and rendered these obsolete.

Good thing I hadn't actually set either of these orders yet ...

... although I do wish I had been bought USD/JPY prior.
  • #709
  • Oct 31, 2011 1:37am Oct 31, 2011 1:37am
usd/cad 4h & 1h ...
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  • #710
  • Oct 31, 2011 1:40am Oct 31, 2011 1:40am
Close..1.0009..( profit)
Better safe than sorry...
Trader from Croatia
  • #711
  • Edited 5:12am Oct 31, 2011 1:54am | Edited 5:12am
Quoting VennD
No Good ! Cannot go to 1.0051 atm ...

Added to the above trades ...

short @ 0.9966 + long @ 0.9918 (+48 pips)
short @ 0.9955 + long @ 0.9917 (+38 pips)
short @ 0.9945 + long @ 0.9923 (+22 pips)
short @ 0.9941 + long @ 0.9923 (+18 pips)
short @ 0.9944 + long @ 0.9923 (+21 pips)
short @ 0.9955 + long @ 0.9923 (+32 pips)

Total secured +274 pips , ... excluding +585 pips (short @ 1.0478 + long @ 0.9893)

Good Luck to your trades ... next week...
Closed ALL scalpers ... except short @ 1.0478 + long @ 0.9893 (+585 pips)

Fresh entries ...

long @ 0.9925 + short @ 1.0024 (+99 pips)
long @ 0.9927 + short @ 1.0020 (+93 pips)
long @ 0.9930 + short @ 1.0019 (+89 pips)

Secured +281 pips ... (excluding +585 pips).
(edited)
Going to check next data ....
  • #712
  • Oct 31, 2011 1:56am Oct 31, 2011 1:56am
Quoting Geene
Close..1.0009..( profit)
Better safe than sorry...
Patience pays both of you and spillini. Congrates ! But now .. I think spillini is stuck somewhere. Patience...
  • #713
  • Edited 3:21am Oct 31, 2011 2:46am | Edited 3:21am
Quoting kibescorp
Scratch these orders. The BoJ intervention has thrown a monkey wrench into everything and rendered these obsolete.

Good thing I hadn't actually set either of these orders yet ...

... although I do wish I had been bought USD/JPY prior.
Sorry folks ! Pls don't be mad with me ...

Next time ... do like this to UJ. (I hv closed 2 of the shorts). Only left my wife's top and bottom for BOJ.

(long @ 75.60 + short @ 79.42 = +382 pips secured).
Attached Image (click to enlarge)
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  • #714
  • Edited 5:10am Oct 31, 2011 3:14am | Edited 5:10am
4hrs from now 4 CAD data ... 2 moderate + 2 low.

5.5hrs from now 1 USD data ... 1 low.

Projected by consensus looks like consolidation again IF ... materialize.
  • #715
  • Oct 31, 2011 4:24am Oct 31, 2011 4:24am
Tracking USD Index ... 1h / 4h / Daily.
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  • #716
  • Oct 31, 2011 9:54am Oct 31, 2011 9:54am
Stuck in a range. Whenever I go into a trade, the currency always goes into a range.
Make your losses in demo. Earn your profits live.
  • #717
  • Oct 31, 2011 4:50pm Oct 31, 2011 4:50pm
I hope the market enjoys this week's ass-plosion of fundamental sh**. They can all get buried under it for all I care at this point. I am getting so sick and tired of this unpredictable (and therefore untradeable) market.

Looks like this is the final week in this unending trend of market-moving sh**. The market *should* finally return to some semblance of a discernable pattern after this goddamn week, and I might finally be able to TRADE again, goddammit.

F*** the euro debt crap and summit meetings, fed outlook, bank interventions, rate decisions, and varoius other sh** lately. After this week, good riddance.

I WISH the market would return to an actual ranging behavior, rather than the untradeable nightmare that it's been lately.

God I miss the summer months. Talk about easy trading.
  • #718
  • Oct 31, 2011 5:00pm Oct 31, 2011 5:00pm
i know it will be very simple when compared with ur charts but here is my view of the pair and i have a SELL order with SL : 1,0054 and TP : 0,9700

Yes the market was really annoying today but this is the best position for a possible sell order ...
Attached Image (click to enlarge)
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Imagination rules the world ...
Selym Hyll Return This Year: na
  • #719
  • Oct 31, 2011 5:06pm Oct 31, 2011 5:06pm
Well, I can daytrade the hell out of a ranging pair, or even a trending pair with consistent retracements. But the market has been anything but that lately, at least as far as the hourly time frame is concerned.
  • #720
  • Oct 31, 2011 5:12pm Oct 31, 2011 5:12pm
i think u shud calm down and drink some coffee....
Imagination rules the world ...
Selym Hyll Return This Year: na
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