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  • #9,761
  • Jan 20, 2012 2:42am Jan 20, 2012 2:42am
Quoting T@rantula
12 pips done normal lot size

Attachment
Nice one T, saw this too but didn't take it as I am still just testing the river.
  • #9,762
  • Jan 20, 2012 2:43am Jan 20, 2012 2:43am
Quoting T@rantula
Nice chart. Thought u might remove the wicks. For me its a lot easier to read it w/o any wicks.
You're right - i flick back and forth cos they give more idea which way the brick came from - eg this downmove is wicky to the topside - good sign for shorts
  • #9,763
  • Jan 20, 2012 2:47am Jan 20, 2012 2:47am
Quoting T@rantula
It may be m8, i made position due to bullish alignment on the chart and PA retesting support. However I put 1/3 of normal entry and only 27 pips loss that equals 9 pips of my standard lot size. My advice is ALWAYS to lower lot size for ANY trade that has a SL > 20.

If i get stopped out i may reverse the position going with levels.
Quoting T@rantula
12 pips done normal lot size

Attachment
Now u see why MM is important. Guys remember, do not USE FIXED lot size. Always adapt lot size to your STOPLOSS.

Traders make mistakes trading 12 pipper stops and 30 pipper stops the same. No, that is what should be avoided by all means. As i said:

EACH TIMEFRAME IS ITS OWN DIMENSION.
  • #9,764
  • Jan 20, 2012 2:49am Jan 20, 2012 2:49am
Quoting Agro
Nice one T, saw this too but didn't take it as I am still just testing the river.
Yes thanx i was trying to post LIVE while keeping the position opened. River is good for momentum scalps. The position can be reversed pretty fast.

Yes I agree, first DEMO TEST it then use it LIVE. You need to get accustomed to it.

EU is currently testing DPP.
  • #9,765
  • Jan 20, 2012 2:55am Jan 20, 2012 2:55am
Quoting T@rantula
Enter long on on BPC 5501

Enter short on BPC 5481

Attachment
Closing it now +11 5469. News in 30 mins.

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  • #9,766
  • Jan 20, 2012 3:00am Jan 20, 2012 3:00am
Quoting egkid
I could b wrong but in my view All the PA moves to UP impulsively to kill shorts
Patience and MM
Good girl- Sexy PA
  • #9,767
  • Jan 20, 2012 3:00am Jan 20, 2012 3:00am
Quoting T@rantula
Closing it now +11 5469. News in 30 mins.
yeah out too in this zone level
Attached Image (click to enlarge)
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  • #9,768
  • Jan 20, 2012 3:09am Jan 20, 2012 3:09am
Attached Image
  • #9,769
  • Jan 20, 2012 3:10am Jan 20, 2012 3:10am
Quoting egkid
Good girl- Sexy PA
Excellent short that 2970, well done!


Quoting pipmyride
yeah out too in this zone level
Smart move. Between 2920-28 as projected. We may jump now.
  • #9,770
  • Jan 20, 2012 3:20am Jan 20, 2012 3:20am
Quoting T@rantula
Between 2920-28 as projected. We may jump now.
Rejection off 2920 2940 atm

Ok again i need to state out the importance of 2875..pay attention to that

That is major intraday support for bulls. Above that we are bullish, so for mid-term/ intraday traders adding above 2875 is the option.
  • #9,771
  • Jan 20, 2012 3:36am Jan 20, 2012 3:36am
It looks as if 2875 gonna be tested. London projection levels have been overshot, so we may have a trend in play not range play.
  • #9,772
  • Jan 20, 2012 3:44am Jan 20, 2012 3:44am
Quoting T@rantula
It looks as if 2875 gonna be tested. London projection levels have been overshot, so we may have a trend in play not range play.
Yesterday post
Quoting egkid
Thanks
Time best tool to tell
For me the fun just begun 1M TF say down move just [email protected] Target 1.2870 by tomorrow

Remember I could b wrong but i trade my own chart
GL
  • #9,773
  • Jan 20, 2012 3:48am Jan 20, 2012 3:48am
hey everyone - heres my current running short and i think of taking profits at 2851. i think we dont have much of a support til then

i positioned in early asia range - as i already had a plan to go short at 1 am GMT -4 (broker time) on some natural relationship in eu.
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #9,774
  • Jan 20, 2012 3:49am Jan 20, 2012 3:49am
slam dunk
Attached Image (click to enlarge)
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  • #9,775
  • Jan 20, 2012 3:55am Jan 20, 2012 3:55am
kerplunk i aint taking chances. saw ur pic slam dunk dude - im going to hedge this one up with a long.

23.6 possibility of little bouncy behaviour as well.
might just scalp the 23.6 bounces..




will see PA and observe which to hold as of then or just have a lock.
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #9,776
  • Jan 20, 2012 4:06am Jan 20, 2012 4:06am
Quoting egkid
Yesterday post
Your higher Tfs works like a charm. Good job EG!
  • #9,777
  • Jan 20, 2012 4:09am Jan 20, 2012 4:09am
Good job guys, scale out to ensure profits.
  • #9,778
  • Jan 20, 2012 4:13am Jan 20, 2012 4:13am
5 pip box need to close below 2895 that would be a signal to test 2875.

Renko clear chart.

Attached Image
  • #9,779
  • Jan 20, 2012 4:16am Jan 20, 2012 4:16am
made profit on the profit taking process

+6 (screenshot lagigng)


holding short. will inch stop loss to minimize risk on short.
Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
  • #9,780
  • Jan 20, 2012 4:21am Jan 20, 2012 4:21am
we might be going under heavy tonight.


im sure u guys know that the longer a support holds or is tested - the less attractive it is to buyers right? same with demand zones.

here is gold demand zone possibility of breaking tonight. 3x more hits usually resolve to a break of s/r or supply demand level

price also made a base of supply area where we should stayy bearish if we stay below that base.


just my thoguhts

Attached Image (click to enlarge)
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Have I got something on my face, SOLDIER?
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