Hey Fcube!
M1 trading postWatch the 3436 if it gets there it might be continuation of momentum push. I closed long @ 3420 due to a fade.
Still i presume m1 is scalp trade right?
Right!
- #8,782
- Dec 8, 2011 7:31am Dec 8, 2011 7:31am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
Right!
Interesting..now I saw 123pattern on your chart. That is Bollinger band 123 bar pattern, remember I once read about it...Am i correct?
It can be good in conjuction with BB. Added CCI as a momentum leading indicator it gives good setups.
- #8,784
- Dec 8, 2011 7:34am Dec 8, 2011 7:34am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
Ok small position
E:3414
S:3400
TP:3436
Momentum push above 3436...knew it!
The reaction is to good numbers on US unemployment rate. It pushed the price UP 3550 being tested. As i said above 3436 > 3450>3480
- #8,785
- Dec 8, 2011 7:35am Dec 8, 2011 7:35am
- Joined Nov 2009 | Status: Trader | 27,245 Posts
Interesting..now I saw 123pattern on your chart. That is Bollinger band 123 bar pattern, remember I once read about it...Am i correct?
http://www.forexfactory.com/showthread.php?t=326305
Interesting..now I saw 123pattern on your chart. That is Bollinger band 123 bar pattern, remember I once read about it...Am i correct?
It can be good in conjuction with BB. Added CCI as a momentum leading indicator it gives good setups.
FXcube
- #8,789
- Dec 8, 2011 7:43am Dec 8, 2011 7:43am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
Didn't expect all those pips since I'm scalper, but ok. I glad accept that
Possible TP for longs on aussie is marked on chart
) I need you to be more active mate! 
Well done on exploiting it mate!
Inverse head and shoulders on aussie! You should have warned us
Well done on exploiting it mate!
told you on skype
this is a m1 trade that I trailed and turned into this
DPP plus ema 800 plus 1260
SL 10 pips
lol
I'm indeed a talking panda. How are you?
- #8,791
- Dec 8, 2011 7:47am Dec 8, 2011 7:47am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
EURUSD, M5, 2011 December 08
again
Short @ 1.3443 (1/10)
M5 Divergence!
- #8,792
- Dec 8, 2011 7:49am Dec 8, 2011 7:49am
- Joined Nov 2009 | Status: Trader | 27,245 Posts
EURUSD, M5, 2011 December 08
again
Short @ 1.3443 (1/10)
M5 Divergence!
EURUSD, M1, 2011 December 08
Exit @ 1.3417
Profit: +26 Pips
- #8,794
- Dec 8, 2011 7:54am Dec 8, 2011 7:54am
- Joined Nov 2009 | Status: Trader | 27,245 Posts
EURUSD, M5, 2011 December 08
EURUSD, H1, 2011 December 08
I try to trade the H1/H4 Range at M1/M5.
Short @ 1.3416
EURUSD, M1, 2011 December 08
Exit 1.3403
Profit: +13 Pips
..and wait!
- #8,795
- Dec 8, 2011 7:57am Dec 8, 2011 7:57am
- Joined Nov 2009 | Status: Trader | 27,245 Posts
Again...notice how DAILY bearish and H4 divergence work.
Initial reaction to spike was 3410>3463. The hidden bearish H4 divergence started on 07.DEC.2011 and DAILY HIDDEN BEAR on 02.DEC.2011.
3398 now after a spike to 3463 where it found many sellers due to DIVERGENCE ( sentiment explained in my previous posts).
They just dont allow price to reach much above 3453. Stops were triggered, could have been 3480 but BOOM, we go down.
Fcube, grats for early spotting a reversal on lower TF.
Great stuff!
- #8,796
- Dec 8, 2011 8:04am Dec 8, 2011 8:04am
- | Commercial User | Joined Feb 2010 | 14,361 Posts
http://www.forexfactory.com/attachme...8&d=1323335797
Explained add to that Intraday levels on lower TF:
And u can see that median point can really act as a good stop loss.
Explained add to that Intraday levels on lower TF:
And u can see that median point can really act as a good stop loss.
- #8,798
- Dec 8, 2011 8:07am Dec 8, 2011 8:07am
- Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts
Markets are not Random, they are designed!