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  • #81
  • Feb 5, 2012 9:59pm Feb 5, 2012 9:59pm
ok as i've said i wouldn't trade this early in the week but..

UChf (sell on break) AU, EU, GU (buy on break)...don't take them all though very early in week.
  • #82
  • Feb 5, 2012 10:05pm Feb 5, 2012 10:05pm
EJ as well, missed it..although it's struggling to get past the open
  • #83
  • Feb 5, 2012 10:12pm Feb 5, 2012 10:12pm
Quoting kraven
sorry msood, ignore the last pic...

the area you circled would be a failed sell, but i'd be looking to exit at the top of the 'breakout candle' for about -15pips......simply the power of the previous move would have made me cautious...beside the move at the bottom could have netted you 70pips
Thanks - just verifying if i understood the rules correctly. Yes, seems quite promising...
  • #84
  • Feb 5, 2012 11:07pm Feb 5, 2012 11:07pm
Thanks Kraven. You are making a great thread.
  • #85
  • Feb 6, 2012 12:26am Feb 6, 2012 12:26am
Great short setups on most xx/jpy pairs
  • #86
  • Feb 6, 2012 2:07am Feb 6, 2012 2:07am
First thing it’s a Dead Stop Reversal / tweezer bottom + on a strong support zone.
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  • #87
  • Feb 6, 2012 2:36am Feb 6, 2012 2:36am
Similar setup on Eur/Gbp as well.

Regards,
Te-Wies
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  • #88
  • Feb 6, 2012 2:40am Feb 6, 2012 2:40am
eu H1

buy @ 1.3095
stop sell at 1.3052 (hedge instead of SL)
hoping it will get to 1.3135 TP (entry + range of last up candle)
Attached Image
  • #89
  • Feb 6, 2012 3:04am Feb 6, 2012 3:04am
Quoting msood
eu H1

buy @ 1.3095
stop sell at 1.3052 (hedge instead of SL)
hoping it will get to 1.3135 TP (entry + range of last up candle)
SL executed; incidently, it also appears to be a valid short sig?
  • #90
  • Feb 6, 2012 3:15am Feb 6, 2012 3:15am
A Failed Setup,

kraven - your comment on this?

Regards,
Te-Wies
  • #91
  • Feb 6, 2012 3:47am Feb 6, 2012 3:47am
Quoting Te-Wies
A Failed Setup,

kraven - your comment on this?

Regards,
Te-Wies
Failed setups do happen - no system is perfect; I suppose you just take the next one; in this case, a short around 1.3054 which looks more promising.
  • #92
  • Feb 6, 2012 3:55am Feb 6, 2012 3:55am
There is no such thing as the holy grail - there will always be losses in any system. As long as your winners are bigger or more than your losses, then no need to worry.
  • #93
  • Feb 6, 2012 4:29am Feb 6, 2012 4:29am
Thanks Kraven. Is it possible ot set any kind of alert for a possble entry to avoid watching all the pairs through out the day?
  • #94
  • Feb 6, 2012 4:43am Feb 6, 2012 4:43am
Let's order a indicator on mql4.com
Need to technical project.

Vito, Italia
  • #95
  • Edited 8:20pm Feb 6, 2012 5:24am | Edited 8:20pm
Quoting msood
Failed setups do happen - no system is perfect; I suppose you just take the next one; in this case, a short around 1.3054 which looks more promising.
Understood though we share the same chart, we may not have the same view, hence looking for kraven's call on this if i went wrong.

Peace
Te-Wies
  • #96
  • Feb 6, 2012 5:52am Feb 6, 2012 5:52am
Quoting The7
Entered short couple hours ago. Will keep the trade open until a new reversal candle or no newer lows.

i cant see a signal here, or a qualified candle to enter short ??
  • #97
  • Feb 6, 2012 6:50am Feb 6, 2012 6:50am
hello all. see a few entered even though i repeated several times that i wouldn't enter this early in the week. we are kind of looking for failed trends here, so we need a trend to develop. Sako put it best when he said "The whole approach makes sense from a supply demand perspective ", so we need to see some first.

so far EJ has shown the best entries.. 3 bar run then rejection off the open, this bar closed a higher red, enter for a run of 30 or so, then we have another reverse candle that failed. I still would have not entered it's too early in the week.

Try to be patient guys, pick the best ones.
  • #98
  • Feb 6, 2012 7:19am Feb 6, 2012 7:19am
a quite a few of low grade entries NU, EU etc..(they are not at high or lows of the day) i took these..
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  • #99
  • Feb 6, 2012 7:26am Feb 6, 2012 7:26am
it's hard to post and trade....i posted 2 pics of AU, 1 should have been GU
  • #100
  • Feb 6, 2012 7:29am Feb 6, 2012 7:29am
closed both trades..GU at open, AU at 100ema, just to get some points on board
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