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True Trading Tactics

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  • Post #621
  • Quote
  • Feb 21, 2012 2:57am Feb 21, 2012 2:57am
  •  Chulmleigh
  • | Joined Nov 2011 | Status: Member | 143 Posts
Quoting leezeewee
Disliked
EJ coming up next? =)
Ignored
Looks promising
 
 
  • Post #622
  • Quote
  • Feb 21, 2012 3:00am Feb 21, 2012 3:00am
  •  Caillou
  • | Joined Apr 2010 | Status: Member | 1,404 Posts
Quoting Gt3rs
Disliked
Well done mate. Can you post your M15 chart please, because I don't see your trade?
Ignored

Hi,

Sure, here you go.....
Attached Image (click to enlarge)
Click to Enlarge

Name: EU.jpg
Size: 133 KB
 
 
  • Post #623
  • Quote
  • Feb 21, 2012 3:07am Feb 21, 2012 3:07am
  •  Chulmleigh
  • | Joined Nov 2011 | Status: Member | 143 Posts
EJ order placed. Won't make the same error as yesterday and put stop lower than Day's High. Both my trades would have hit TP over night if I'd just played it straight.
 
 
  • Post #624
  • Quote
  • Feb 21, 2012 3:11am Feb 21, 2012 3:11am
  •  Chulmleigh
  • | Joined Nov 2011 | Status: Member | 143 Posts
Triggered SP 105.99 TP 105.39
 
 
  • Post #625
  • Quote
  • Feb 21, 2012 3:12am Feb 21, 2012 3:12am
  •  Omd
  • | Joined Mar 2009 | Status: Member | 76 Posts
Quoting Chulmleigh
Disliked
EJ order placed. Won't make the same error as yesterday and put stop lower than Day's High. Both my trades would have hit TP over night if I'd just played it straight.
Ignored
i've placed order for EJ too
 
 
  • Post #626
  • Quote
  • Feb 21, 2012 3:18am Feb 21, 2012 3:18am
  •  Omd
  • | Joined Mar 2009 | Status: Member | 76 Posts
EJ H1 short triggered.
SL - 106.02
TP1 - 105.18 (above today's open)
 
 
  • Post #627
  • Quote
  • Feb 21, 2012 3:51am Feb 21, 2012 3:51am
  •  Chulmleigh
  • | Joined Nov 2011 | Status: Member | 143 Posts
GU next?
 
 
  • Post #628
  • Quote
  • Feb 21, 2012 3:56am Feb 21, 2012 3:56am
  •  nbelchior
  • Joined Feb 2012 | Status: Member | 245 Posts
Quoting Chulmleigh
Disliked
GU next?
Ignored

Yes, thatīs a good possible short setup forming.
 
 
  • Post #629
  • Quote
  • Feb 21, 2012 3:58am Feb 21, 2012 3:58am
  •  Chulmleigh
  • | Joined Nov 2011 | Status: Member | 143 Posts
looking unlikely now eh?
 
 
  • Post #630
  • Quote
  • Feb 21, 2012 4:02am Feb 21, 2012 4:02am
  •  nbelchior
  • Joined Feb 2012 | Status: Member | 245 Posts
Quoting Chulmleigh
Disliked
looking unlikely now eh?
Ignored
We have to wait for the breakout, but untill now itīs still a good setup with that last red candle.
 
 
  • Post #631
  • Quote
  • Feb 21, 2012 4:05am Feb 21, 2012 4:05am
  •  Omd
  • | Joined Mar 2009 | Status: Member | 76 Posts
Quoting Chulmleigh
Disliked
looking unlikely now eh?
Ignored
i think for GU, the lower wicks for the last 2 bars are very long. cause for hesitation?
 
 
  • Post #632
  • Quote
  • Feb 21, 2012 4:06am Feb 21, 2012 4:06am
  •  Chulmleigh
  • | Joined Nov 2011 | Status: Member | 143 Posts
Quoting nbelchior
Disliked
We have to wait for the breakout, but untill now itīs still a good setup with that last red candle.
Ignored
Yeah, and a move to break would probably be a good confirmation
 
 
  • Post #633
  • Quote
  • Feb 21, 2012 4:15am Feb 21, 2012 4:15am
  •  Omd
  • | Joined Mar 2009 | Status: Member | 76 Posts
GU high breached.

short UChf (dead stop) entry 0.9096

my EJ SL about to be hit
 
 
  • Post #634
  • Quote
  • Feb 21, 2012 4:20am Feb 21, 2012 4:20am
  •  Chulmleigh
  • | Joined Nov 2011 | Status: Member | 143 Posts
Quoting Omd
Disliked
GU high breached.

short UChf (dead stop) entry 0.9096

my EJ SL about to be hit
Ignored
Yeah. I didn't allow for the spread sufficiently on EJ so perhaps was stopped too early. Looks like you're still in.

I'm gonna a wait a bit to see how the day plays.
 
 
  • Post #635
  • Quote
  • Feb 21, 2012 4:29am Feb 21, 2012 4:29am
  •  WestAus
  • | Joined Oct 2009 | Status: Member | 79 Posts
Quoting Omd
Disliked
i think for GU, the lower wicks for the last 2 bars are very long. cause for hesitation?
Ignored
What TF are you using, i don't see a trade setup there?
 
 
  • Post #636
  • Quote
  • Feb 21, 2012 4:34am Feb 21, 2012 4:34am
  •  Omd
  • | Joined Mar 2009 | Status: Member | 76 Posts
Quoting WestAus
Disliked
What TF are you using, i don't see a trade setup there?
Ignored
H1. for GU, the reversal candle was at 0800h but it's no longer valid since the next bar had a higher peak.
 
 
  • Post #637
  • Quote
  • Feb 21, 2012 4:35am Feb 21, 2012 4:35am
  •  Chulmleigh
  • | Joined Nov 2011 | Status: Member | 143 Posts
Quoting WestAus
Disliked
What TF are you using, i don't see a trade setup there?
Ignored
H1. But 08:00 GMT invalidated but might get one on 09:00
 
 
  • Post #638
  • Quote
  • Feb 21, 2012 4:35am Feb 21, 2012 4:35am
  •  Chulmleigh
  • | Joined Nov 2011 | Status: Member | 143 Posts
Sorry, answered twice.
 
 
  • Post #639
  • Quote
  • Feb 21, 2012 4:44am Feb 21, 2012 4:44am
  •  WestAus
  • | Joined Oct 2009 | Status: Member | 79 Posts
Sorry to be a pain, could you post a pic of this set-up from 08:00, i still dont see it, this is the GPP:USD ?
 
 
  • Post #640
  • Quote
  • Feb 21, 2012 4:50am Feb 21, 2012 4:50am
  •  Chulmleigh
  • | Joined Nov 2011 | Status: Member | 143 Posts
Quoting WestAus
Disliked
Sorry to be a pain, could you post a pic of this set-up from 08:00, i still dont see it, this is the GPP:USD ?
Ignored
Sure
Attached Image (click to enlarge)
Click to Enlarge

Name: gu example.gif
Size: 28 KB
 
 
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