West and East | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

How do US west coast traders stay awake? 10 replies

trading on west coast 6 replies

Attachments: West and East
Exit Attachments

West and East

  • #81
  • Dec 12, 2011 5:15pm Dec 12, 2011 5:15pm
Quoting rebelheart
This could be a turning point, Price has hit a 4 hour support area..
There wasn't any reversal Euro was in trend, and no fundamental bases for reversal points
  • #82
  • Dec 12, 2011 5:22pm Dec 12, 2011 5:22pm
Yesterday, was 2 possible trades on GBP, before the kings speech. I didn't take that trades, as i followed trend on euro, i had 2 lots +350 pips. But those trades on GBP could be really profitable.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 32 KB
  • #83
  • Dec 13, 2011 3:18am Dec 13, 2011 3:18am
Last trade +40 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 26 KB
  • #84
  • Dec 13, 2011 3:25am Dec 13, 2011 3:25am
trade from euro +20 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 30 KB
  • #85
  • Dec 13, 2011 3:40am Dec 13, 2011 3:40am
hi mavri, re the trades last ones were they long or short, market has been range bound after 200 pip move on euro

system works real well on a rangebound market like today. and it wont give signal much during trending as unlikely to be reversal candle if any
  • #86
  • Dec 13, 2011 3:52am Dec 13, 2011 3:52am
LAST 3 short, i have one more long on euro right now
  • #87
  • Dec 13, 2011 4:02am Dec 13, 2011 4:02am
euro +10 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 29 KB
  • #88
  • Dec 13, 2011 4:03am Dec 13, 2011 4:03am
hi i checked euro there is harami on m15, it is less % strong reversal indicator in long term , but it did give some pips with a spike there

personally i just saw the daily chart of euro and it looks like a slow motion trainwreck, very bad outlook, scalp longs olnly
  • #89
  • Dec 13, 2011 4:22am Dec 13, 2011 4:22am
Quoting Halba
hi i checked euro there is harami on m15, it is less % strong reversal indicator in long term , but it did give some pips with a spike there

personally i just saw the daily chart of euro and it looks like a slow motion trainwreck, very bad outlook, scalp longs olnly
can you show me on the chart which harami are you talking about
  • #90
  • Dec 13, 2011 4:39am Dec 13, 2011 4:39am
the euro m15 u just posted, there is a green candle, and u went long after that, is that a harami,

A candlestick chart pattern in which a large candlestick is followed by a smaller candlestick whose body is located within the vertical range of the larger body. In terms of candlestick colors, the bullish harami is a downtrend of negative-colored (black) candlesticks engulfing a small positive (white) candlestick, giving a sign of a reversal of the downward trend.


Read more: http://www.investopedia.com/terms/b/...#ixzz1gU7vHqdL

  • #91
  • Dec 13, 2011 5:53am Dec 13, 2011 5:53am
is that a correct entry ???


http://i.imgur.com/AwIve.gif
  • #92
  • Dec 13, 2011 7:02am Dec 13, 2011 7:02am
Quoting only1kader
is that a correct entry ???


http://i.imgur.com/AwIve.gif
20 pip take profit hit......
  • #93
  • Dec 13, 2011 3:24pm Dec 13, 2011 3:24pm
Quoting Halba
hi mavri. yes best to be patient. if ure system uses m15 long term u will be the winner its all about long term

yep the website i gave heavily references nison as well. i guess the idea/concept is same - catch the reversal using candlestick, and bollingers at the extremes, S&R, and divergence if applicable as well to give higher % probability trade
That was piercing, harami shouldn't more than 25% of tall body, it is not original piercing, as price didn't reach 50% of the candle, but on M5 there was engulfing, plus it is confirmation of support from previous hammer . This is harami
Attached Image (click to enlarge)
Click to Enlarge Name: 3.gif Size: 34 KB
  • #94
  • Dec 13, 2011 3:27pm Dec 13, 2011 3:27pm
Yes, you entered on harami, which is on the daily resistance !!!!!

http://i.imgur.com/AwIve.gif[/quote]
  • #95
  • Dec 13, 2011 3:30pm Dec 13, 2011 3:30pm
The last trade from euro, closed one lot on TP1? and second lot moved to break even, because of the news my stop on the second lot been reached, but eventually price reached my second target
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 35 KB
  • #96
  • Dec 13, 2011 3:31pm Dec 13, 2011 3:31pm
I had one more trade in the morning, +75 pips, that was really good trade and set up. You could enter on the shooting star, or on the first red candle engulfing. I entered on the star
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 30 KB
  • #97
  • Dec 13, 2011 3:50pm Dec 13, 2011 3:50pm
This is why AUD set up was strong, with is explanation of price action. Pretty much the same but better view. Price makes fake break out, and after goes on retest but price showing weakness and bears in control. On AUD was first test of resistance and after fake break out
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 214 KB
  • #98
  • Dec 13, 2011 4:02pm Dec 13, 2011 4:02pm
crows
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 36 KB
  • #99
  • Dec 13, 2011 4:18pm Dec 13, 2011 4:18pm
well what can i say mavri, you totally understand how to trade, using m15 with m5 chart confirmation seeming to pick it really well


id be wary of going long on euro, extreme negative sentiment
  • #100
  • Dec 13, 2011 4:55pm Dec 13, 2011 4:55pm
there was a long an hour or so ago on euro, piercing line? it met all the condition, long term support close by 1.30

already +18 pips cant fault this system mavri. on m5 it is engulfing candlestick
0 traders viewing now