Breakout long. Trade entered. Red trend line now in play. The BS shown was delated and exchanged for this earlier entry.
"Keep your eyes on the helpers" - Mr. Rogers
- #21
- Jan 2, 2012 6:12pm Jan 2, 2012 6:12pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
- #22
- Edited 6:41pm Jan 2, 2012 6:26pm | Edited 6:41pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
A little indecision here. I closed the short to enter the long. Once again, a very small loss. The red line would be in play now except it cannot be moved yet as there has not been a higher close yet.
"Keep your eyes on the helpers" - Mr. Rogers
- #23
- Jan 3, 2012 12:24am Jan 3, 2012 12:24am
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
Another order would have triggered on gbpcad so I entered it manually. Had to set a few more buy and sell stops as well. Here is the latest chart. The red line would be in play. However, the conditions which would allow me to place that line have not been met yet, so I will wait til they are before I draw that line. Night!
"Keep your eyes on the helpers" - Mr. Rogers
- #24
- Jan 3, 2012 12:33am Jan 3, 2012 12:33am
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
Thought I would post this as well. It is a pending order on a chart without so much clutter. I will continue to post this chart if the pending order changes to a different location or if the trade is triggered.
"Keep your eyes on the helpers" - Mr. Rogers
- #25
- Jan 3, 2012 4:41am Jan 3, 2012 4:41am
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
This trade triggered, which would have closed the long we would have been in. Than price fell below the blue trend line signalling me to look short again. The blue line cannot yet be moved higher as the pair has not yet made a higher close.
Another order would have triggered on gbpcad so I entered it manually. Had to set a few more buy and sell stops as well. Here is the latest chart. The red line would be in play. However, the conditions which would allow me to place that line have not been met yet, so I will wait til they are before I draw that line. Night!
Attachment
"Keep your eyes on the helpers" - Mr. Rogers
- #26
- Jan 3, 2012 4:44am Jan 3, 2012 4:44am
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
This pending trade I posted earlier has triggered, which would have closed the short we would have been in.
Thought I would post this as well. It is a pending order on a chart without so much clutter. I will continue to post this chart if the pending order changes to a different location or if the trade is triggered.
Attachment
"Keep your eyes on the helpers" - Mr. Rogers
- #27
- Edited 11:41am Jan 3, 2012 8:08am | Edited 11:41am
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
No new trades at this time. Currently my open trades on the 4-hour chart are in profit cumulatively about 680 pips. Figuring losses: If I closed my trades right now I would bank about 540 pips in profit.
Considering I am already done looking at my charts for this new bar, this is showing a lot of promise
. I guess we'll see what transpires in 4 hours.
Dust
Considering I am already done looking at my charts for this new bar, this is showing a lot of promise
. I guess we'll see what transpires in 4 hours.Dust
"Keep your eyes on the helpers" - Mr. Rogers
- #28
- Jan 3, 2012 12:03pm Jan 3, 2012 12:03pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
Short trade entered 4 pips below the break out bar. Blue trendline moved to a new position.
"Keep your eyes on the helpers" - Mr. Rogers
- #29
- Jan 3, 2012 12:07pm Jan 3, 2012 12:07pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
Buy stop in place above break out bar.
"Keep your eyes on the helpers" - Mr. Rogers
- #30
- Jan 3, 2012 12:11pm Jan 3, 2012 12:11pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
Conditions were met and I was able to place the lower trend line.
"Keep your eyes on the helpers" - Mr. Rogers
- #31
- Edited 12:26pm Jan 3, 2012 12:14pm | Edited 12:26pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
Trade finally hit a ligitimate entry. Any shorts would now be closed
"Keep your eyes on the helpers" - Mr. Rogers
- #32
- Jan 3, 2012 12:18pm Jan 3, 2012 12:18pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
Hit our BS order as well. Conditions have not been met yet to add a lower trendline. Any shorts would now be closed.
"Keep your eyes on the helpers" - Mr. Rogers
- #33
- Jan 3, 2012 3:54pm Jan 3, 2012 3:54pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
This is really incredible! I just went over my 4-hour charts in less than 2 minutes. This is my kind of trading . Now to see if this works out pip positive like I think it does.
Nothing new on the 4-hour charts.
. Now to see if this works out pip positive like I think it does.Nothing new on the 4-hour charts.
"Keep your eyes on the helpers" - Mr. Rogers
- #34
- Jan 3, 2012 4:17pm Jan 3, 2012 4:17pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
The buy stop was hit.
"Keep your eyes on the helpers" - Mr. Rogers
- #35
- Jan 3, 2012 4:35pm Jan 3, 2012 4:35pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
The BS was triggered.
"Keep your eyes on the helpers" - Mr. Rogers
- #36
- Jan 3, 2012 4:37pm Jan 3, 2012 4:37pm
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
This BS was triggered as well. By rule, the red trendline was modified down.
"Keep your eyes on the helpers" - Mr. Rogers
- #37
- Jan 4, 2012 4:38am Jan 4, 2012 4:38am
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
Long trade closed. It was kind of questionable as there was no clear breakout. Short trade opened.
"Keep your eyes on the helpers" - Mr. Rogers
- #38
- Jan 4, 2012 4:40am Jan 4, 2012 4:40am
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
This trade opened earlier and I thought I would experiment with a second entry as well. Right now bias is long until we get a short trendline break and entry.
"Keep your eyes on the helpers" - Mr. Rogers
- #39
- Jan 4, 2012 4:44am Jan 4, 2012 4:44am
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
Here is another situation where I could put another pending buy order, but I wont as there is to much clutter on the left of the chart at this level.
"Keep your eyes on the helpers" - Mr. Rogers
- #40
- Edited 4:59am Jan 4, 2012 4:49am | Edited 4:59am
- Joined Oct 2007 | Status: I'm on a 10 year plan. | 4,309 Posts
Our SL was hit on this trade. Conditions were right to move the upper trendline. No lower trendline can be placed yet.
"Keep your eyes on the helpers" - Mr. Rogers