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  • #2,801
  • Feb 14, 2012 4:26am Feb 14, 2012 4:26am
check this out people

D1 H&s
4h sfp
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  • #2,802
  • Feb 14, 2012 5:02am Feb 14, 2012 5:02am
Quoting vasmiza
interesting level indeed. but we've got a butt kiss as per the arrow
This is what put me off the Cable short.
  • #2,803
  • Feb 14, 2012 5:04am Feb 14, 2012 5:04am
Quoting bez3000
Kalbar you do not need D1 bias, Tom would use the D1 bias for exit i think.
Guidelines for Exiting

D1 Bias > Run to D1 FTA and use H1 to trail

No D1 Bias > Out at H1 FTA : only exception to this is if you are approaching the dead time (5pm - midnight GMT) or end of day and D1 bias is developing then you might try to run the trade over onto a D1 tf.
  • #2,804
  • Feb 14, 2012 7:26am Feb 14, 2012 7:26am
Well after losing 20 pips on the GBPUSD RRT because i didn't look for or see the "but kiss" (my own fault).
I have pulled it back with a trade on eurusd + 41 & USDCHF + 25 as shown below.
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  • #2,805
  • Feb 14, 2012 7:27am Feb 14, 2012 7:27am
Nice work Bez!!
Simplicity is the ultimate in sophistication ~ Leonardo Da Vinci
  • #2,806
  • Feb 14, 2012 7:52am Feb 14, 2012 7:52am
Quoting bez3000
You looking for a RRT pex? So am i
hey bez,
no,I didn`t take it...wasn`t at home
  • #2,807
  • Feb 14, 2012 8:40am Feb 14, 2012 8:40am
Quoting pex
hey bez,
no,I didn`t take it...wasn`t at home

I did. Dammit!!
  • #2,808
  • Feb 14, 2012 8:42am Feb 14, 2012 8:42am
it`s all part of learning....
next one please...
  • #2,809
  • Feb 14, 2012 8:48am Feb 14, 2012 8:48am
Quoting BadgerMatt
I did. Dammit!!
So did i man, but maybe it's the price of the education. I moved on and had two winners
  • #2,810
  • Feb 14, 2012 10:13am Feb 14, 2012 10:13am
EURJPY has just broken highs @ 78.22 this could be a nice SFP on the 4h or possibly a RRT.
  • #2,811
  • Feb 14, 2012 1:21pm Feb 14, 2012 1:21pm
Quoting bez3000
EURJPY has just broken highs @ 78.22 this could be a nice SFP on the 4h or possibly a RRT.
Pending Order @ 78.26, lets see if i get filled during the night.
  • #2,812
  • Feb 14, 2012 2:42pm Feb 14, 2012 2:42pm
Quoting bez3000
EURJPY has just broken highs @ 78.22 this could be a nice SFP on the 4h or possibly a RRT.
USDJPY you mean :-)
  • #2,813
  • Feb 14, 2012 3:24pm Feb 14, 2012 3:24pm
Quoting the_wizard
USDJPY you mean :-)
Yes mate sorry, you know what i mean
  • #2,814
  • Feb 14, 2012 8:47pm Feb 14, 2012 8:47pm
Hi everyone,

First post, long time follower.
I hope i have the hang of this, please see below pics of 2 of my pending setups.
1ST is a crude Short off of a daily SFP
2ND is a USDJPY long off of a RRT

Opposite correlation. i am a little concerned about the 1hour lvl on the crude at 1020 as this had SFP'd earlier on the hourly and has since reached hrly FTA. So after the close of the daily candle i put more weight on the Daily SFP .

Thoughts anyone?
thanks

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  • #2,815
  • Feb 15, 2012 1:20am Feb 15, 2012 1:20am
Patrino i have the same USDJPY pending order in place. For Crude though i do not like this setup, it looks like price has already moved up into your entry possibly triggering pending sell orders that has already pushed price down. Is there any more sell orders waiting to get filled? We don't know so for that reason i would not trade it. Looking again for me i would have my supply and demand line slightly lower, in which case price has already made it back and the next touch would be the SECOND touch so no good.

Quoting Patrino
Hi everyone,

First post, long time follower.
I hope i have the hang of this, please see below pics of 2 of my pending setups.
1ST is a crude Short off of a daily SFP
2ND is a USDJPY long off of a RRT

Opposite correlation. i am a little concerned about the 1hour lvl on the crude at 1020 as this had SFP'd earlier on the hourly and has since reached hrly FTA. So after the close of the daily candle i put more weight on the Daily SFP .

Thoughts anyone?
thanks

Attachment
Attachment
Attachment
  • #2,816
  • Feb 15, 2012 1:40am Feb 15, 2012 1:40am
Pending sell order on USDCAD @ 0.9973.
Still have pending order on USDJPY.
  • #2,817
  • Edited 2:41am Feb 15, 2012 2:30am | Edited 2:41am
I see a level to go long cable @ 1.5694ish
Support the Resistance
  • #2,818
  • Feb 15, 2012 4:46am Feb 15, 2012 4:46am
Hi all, congratulations everyone for the good work.

Regarding Usd/Jpy level to buy, don't you prefer the lower one at 77,775 ?

http://content.screencast.com/users/..._UJ_Levels.png


I prefer it, mainly because the break happens soon after the highs, and the highs are together, anyway probably take both (78.26 & 77.77) if I see that Usd is at support at others pairs. (Confluence is very important for me, cause no market works in vacuum)

What do you think ?

Regards and trade safe.
  • #2,819
  • Feb 15, 2012 7:50am Feb 15, 2012 7:50am
Hi Tom, You tweeted to expect a pullback from 102.55 on crude. Where did you get this level? I don't see it on my charts. It hit 10254 on my chart and then pulled back a swift 120 points!
  • #2,820
  • Feb 15, 2012 10:39am Feb 15, 2012 10:39am
USDJPY RRT at 78.25 is not working out immediatly. Am I to impatient or is that a sign to get out again?
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