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  • #6,481
  • Mar 12, 2012 11:02am Mar 12, 2012 11:02am
Gone short on usd/chf, nice tdi cross initial TP +25 pips
before i get the outcome, any comments on the trade? nonfiction?
BTW just realized that daily is showing slight bullish.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 59 KB
  • #6,482
  • Mar 12, 2012 11:10am Mar 12, 2012 11:10am
Hi,
still watching PA.
lats 2 weeks strong bearish move with follow through today. So must wait and see if price will pullback for a 50% retracement.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD H4 12 Mar 13-3-2012 12-03-46 AM.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #6,483
  • Mar 12, 2012 11:25am Mar 12, 2012 11:25am
Hi,
Took a EU H1 buy trade today after closing last week' sell trades early Tokyo session.
Trade the retracement but seeing DP above wasn't a good idea and waited through a quiet trading day.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD H1 12 Mar Trade 13-3-2012 12-16-02 AM.png Size: 32 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #6,484
  • Mar 12, 2012 11:32am Mar 12, 2012 11:32am
Hi all traders,

My AUD/USD trade from last Fri closed positively for about 90pips from -40pips.

Trades taken today (still open positions)
NZD/USD short -10pips
USD/CAD long 0 pips

I see some traders intending to go long on GBP/USD. Personally, i feel slightly brearish on GBP/USD long term 4hs and above.
  • #6,485
  • Mar 12, 2012 11:36am Mar 12, 2012 11:36am
Quoting only20gp
Gone short on usd/chf, nice tdi cross initial TP +25 pips
before i get the outcome, any comments on the trade? nonfiction?
BTW just realized that daily is showing slight bullish.
Day is slight bullish like what you mentioned.

I like to follow the longer term trend. Thus, will not be shorting.
4h wise, 20pips scalp is possible but 200d ma is close and will prove to be a resistance.
  • #6,486
  • Mar 12, 2012 11:38am Mar 12, 2012 11:38am
Quoting 2be
Brought to BE trailing stop at 20 pips
shall be back at the comp in an hour or so
Sopped at BE,
That was my last intra day trade today.
I am bearish on G/U but atm do not have intra day trades on this pair.
Profitable trading to all,
2be
Make sure losses are small and profits are bigger!
  • #6,487
  • Mar 12, 2012 4:42pm Mar 12, 2012 4:42pm
Quoting Dr_Zulu
See chart. Last rally seem a rebound from H&S, which sometimes happens and gives a A+ selling opportunity.
You see a downsloped neckline, which makes for a particularly bearish setup.
(Left and right shoulder notations inverted, sorry for that)
Thanks, I appreciate the chart and comment
  • #6,488
  • Mar 12, 2012 4:54pm Mar 12, 2012 4:54pm
Quoting emmanuel7788
Hi,
still watching PA.
lats 2 weeks strong bearish move with follow through today. So must wait and see if price will pullback for a 50% retracement.
Hi emmanuel,
I see a strong support area @ 1.565 which has been broken today and seems to be acting as resistance. Do you feel it can be crossed once more any time soon?
  • #6,489
  • Mar 12, 2012 6:16pm Mar 12, 2012 6:16pm
Quoting Dr_Zulu
Hi emmanuel,
I see a strong support area @ 1.565 which has been broken today and seems to be acting as resistance. Do you feel it can be crossed once more any time soon?
Hi Dr Zulu,
well, the PRZ @1.5650 had been breeched, but still too early to say it is resistance. will have to see how PA will play out later near this PRZ and later this week.
it can turn out to be wide range downflow, so I can play with the swings.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #6,490
  • Edited 7:08pm Mar 12, 2012 6:45pm | Edited 7:08pm
Quoting firsttimer
Hi all traders,

My AUD/USD trade from last Fri closed positively for about 90pips from -40pips.

Trades taken today (still open positions)
NZD/USD short -10pips
USD/CAD long 0 pips

I see some traders intending to go long on GBP/USD. Personally, i feel slightly brearish on GBP/USD long term 4hs and above.
Hi,

you are right that the H4 and higher TF looks like downflow.
after the rally week 03 to week 06, the market has been retracing and stop at the 38.2% and has not brpoken below until 12 Mar.
it can retrace further down to 50% 1.557.
looking at the weekly swings at 200pips, there are good short term trades to catch in both direction.
the higher probability ones are the one which are bearish setups.
in all cases, it trade management that will determine how much profits you will take from the market.

Today I am bearish on JPY. so long EURJPY and AUDJPY

Good Trading!
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #6,491
  • Mar 12, 2012 8:57pm Mar 12, 2012 8:57pm
Hello,

I took a couple years off from trading and was looking through this system and it seems like you guys have had pretty good luck. Do you have a skype session going I can sit in on?

Thanks,
Charlie
  • #6,492
  • Mar 12, 2012 11:53pm Mar 12, 2012 11:53pm
Hi,

Two trade entries during early Tokyo session today.
There is news today by Japan finance ministry and talk about further weakening of the JPY to boost export.

Plan to take partial profit and protect trades soon.

Good Trading!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPY H4 13 Mar Trade 13-3-2012 12-34-14 PM.png Size: 30 KB
Click to Enlarge Name: AUDJPY H4 13 Mar Trade 13-3-2012 12-35-20 PM.png Size: 28 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #6,493
  • Mar 13, 2012 3:04am Mar 13, 2012 3:04am
So where to today? Overall sentiment seems to be short but I wonder if we might first get a move up to the DR2 (1.3208) as it is also the 61.8 fib and a touch of a trend line running from 1st March. Any thoughts?
  • #6,494
  • Mar 13, 2012 3:16am Mar 13, 2012 3:16am
I had a min15 short signal and didn't take it due to London open for short. TP was just hit. Well....

Waiting for h1 signal now. And I fear it might be to late.
  • #6,495
  • Mar 13, 2012 3:23am Mar 13, 2012 3:23am
Quoting shoot2scoot
So where to today? Overall sentiment seems to be short but I wonder if we might first get a move up to the DR2 (1.3208) as it is also the 61.8 fib and a touch of a trend line running from 1st March. Any thoughts?
Eur hit upper trend line and fell with neg divergence on 1hr.

Against that clear support level around 1.3100.

Could go either way today (we'll see reaction to 3100) but I'd still have to say bias for me is neg.
  • #6,496
  • Mar 13, 2012 3:29am Mar 13, 2012 3:29am
Quoting Vantage
Eur hit upper trend line and fell with neg divergence on 1hr.

Against that clear support level around 1.3100.

Could go either way today (we'll see reaction to 3100) but I'd still have to say bias for me is neg.
More importantly for me will be the close today. We had a decent bounce from 3100 on 8/3/12 so a neg close day again after yesterday would suggest 3100 will fail.

That would give a clear D lower high with a target around 2970.
  • #6,497
  • Mar 13, 2012 4:37am Mar 13, 2012 4:37am
Short at 1.5665
SL 15
PT 1.5575
Make sure losses are small and profits are bigger!
  • #6,498
  • Mar 13, 2012 5:31am Mar 13, 2012 5:31am
Quoting 2be
Short at 1.5665
SL 15
PT 1.5575
Moved stop to 1.5660, trailing stop set at 25pips
Make sure losses are small and profits are bigger!
  • #6,499
  • Mar 13, 2012 6:51am Mar 13, 2012 6:51am
Quoting 2be
Moved stop to 1.5660, trailing stop set at 25pips
have been stopped with 5 pips profit
very narrow range, I am not looking to go long.
shall wait for the us open, though I am tempted to re-enter short in the 1.5665 region as previously
Make sure losses are small and profits are bigger!
  • #6,500
  • Mar 13, 2012 6:59am Mar 13, 2012 6:59am
Quoting 2be
have been stopped with 5 pips profit
very narrow range, I am not looking to go long.
shall wait for the us open, though I am tempted to re-enter short in the 1.5665 region as previously
re-entered the short again 1.5665
BE as I type
we shall see
Make sure losses are small and profits are bigger!
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