Islander and Medici trade the European open | Page 196 | Forex Factory

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Islander and Medici trade the European open

  • #3,901
  • Mar 16, 2012 3:55am Mar 16, 2012 3:55am
Quoting Auron112
See chart. Says all that needs to be said.
Nice, you got me, I missed that one..

Quoting Auron112
Yeah, I like these (may even have been involved myself ). But wow, what a crap FH that was. You might need to worry about overdosing on patience pills after waiting out that +8.
Yes, my last RB5 of FH took 20 minutes to break..
Follow, don't anticipate.
  • #3,902
  • Mar 16, 2012 3:57am Mar 16, 2012 3:57am
Quoting Ian
Nice, you got me, I missed that one..
That's actually the worst part of it, that you use so much mental energy on those holds that you often don't catch the next one. I still do it all the time.
  • #3,903
  • Mar 16, 2012 4:02am Mar 16, 2012 4:02am
Quoting Auron112
That's actually the worst part of it, that you use so much mental energy on those holds that you often don't catch the next one. I still do it all the time.
After such a slow move down I was convincing myself that it was setting itself up to go up. Divergence creeping in on the RB5, bounce from the pivot etc..etc..

I should have just looked at the cloud and trusted that. Made the classic mistake that M. always warns about and was anticipating and not following.
Follow, don't anticipate.
  • #3,904
  • Mar 16, 2012 4:34am Mar 16, 2012 4:34am
Took the same trades down, then this long. Closed at the pivot for 12 however, which appears premature, as indicated by the fast MAs on RB5 and M5.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euro reversal 16 march.PNG Size: 39 KB
Click to Enlarge Name: euro reversal h1 16 march.PNG Size: 22 KB
  • #3,905
  • Mar 16, 2012 4:41am Mar 16, 2012 4:41am
Quoting Ian
After such a slow move down I was convincing myself that it was setting itself up to go up. Divergence creeping in on the RB5, bounce from the pivot etc..etc..

I should have just looked at the cloud and trusted that. Made the classic mistake that M. always warns about and was anticipating and not following.
Naughty boy! You have a yellow card for misbehaviour on the thread already!
  • #3,906
  • Mar 16, 2012 4:50am Mar 16, 2012 4:50am
Quoting medici
Naughty boy! You have one warning for misbehaviour on the thread already!


I will follow and not anticipate.
I will follow and not anticipate.
I will follow and not anticipate.
copy..paste
copy..paste
ctrlV...

Attached Image (click to enlarge)
Click to Enlarge Name: eu_20120316-rb5-1.gif Size: 26 KB
Follow, don't anticipate.
  • #3,907
  • Mar 16, 2012 4:52am Mar 16, 2012 4:52am
Quoting Ian


I will follow and not anticipate.
I will follow and not anticipate.
I will follow and not anticipate.
copy..paste
copy..paste
ctrlV...

Attachment
That's more like it I missed that one because of posting
  • #3,908
  • Mar 16, 2012 7:35am Mar 16, 2012 7:35am
Quick +25

Edit: Out too soon at Y's High

Attached Image (click to enlarge)
Click to Enlarge Name: eu_20120316-rb5-2.gif Size: 27 KB
Follow, don't anticipate.
  • #3,909
  • Mar 16, 2012 8:43am Mar 16, 2012 8:43am
EU has been making re-entries into this move rather difficult but GU is playing nice. Here are a few options. The first is prior to cloud break but it's off the 75 which has held before and a slightly HL. So I would be ok with this as an early entry due to the strong trend but I missed it. I did take arrows two and three though.
Attached Image (click to enlarge)
Click to Enlarge Name: gu-rb.gif Size: 36 KB
  • #3,910
  • Edited 9:19am Mar 16, 2012 8:59am | Edited 9:19am
cloud speed 3, bar range 5p.
entries above today's open (magenta).
white arrows mark actual entry bar.

entry1: 10535
entry2: 10540
exit : 10570 (near pivot level R1)
--------------------------------------------------------
medici, ian, auron,

would appreciate your comments.
Attached Image (click to enlarge)
Click to Enlarge Name: 20120316-au.gif Size: 21 KB
  • #3,911
  • Mar 16, 2012 9:48am Mar 16, 2012 9:48am
Quoting pgd
cloud speed 3, bar range 5p.
entries above today's open (magenta).
white arrows mark actual entry bar.

entry1: 10535
entry2: 10540
exit : 10570 (near pivot level R1)
--------------------------------------------------------
medici, ian, auron,

would appreciate your comments.
Are you sure these are 5p range bars? They look quite different from my own. It happens sometimes with RBs that charts differ but not usually to this extent. I've only been trading EU/GU today but here's what I see around the time of your arrows with my 5RB chart.

Arrow 1 sees the cloud turn up and an entry right on the edge of it. Either you hold that all the way through the pre-news chop or...

Arrow 2 is a HL entry on the edge of the cloud and the breakout sees things turning up. May be a tough one to catch right on release however.

As for your own trades I might have been a bit more aggressive getting in a bar earlier and closer to the MA8 but they still look fairly solid, especially the breakout on the second.
Attached Image (click to enlarge)
Click to Enlarge Name: au-rb.gif Size: 38 KB
  • #3,912
  • Edited 10:09am Mar 16, 2012 9:58am | Edited 10:09am
Quoting Auron112
Are you sure these are 5p range bars? They look quite different from my own. It happens sometimes with RBs that charts differ but not usually to this extent. I've only been trading EU/GU today but here's what I see around the time of your arrows with my 5RB chart.

Arrow 1 sees the cloud turn up and an entry right on the edge of it. Either you hold that all the way through the pre-news chop or...

Arrow 2 is a HL entry on the edge of the cloud and the breakout sees things turning up. May be a tough one to catch right on release however.

As...
Thanks, Auron.

the 2nd entry added to the position and the whole was held all the way to the exit indicated.
Incidentally, that was the AUDUSD. no wonder it looks diff from the charts u hv been trading
  • #3,913
  • Mar 16, 2012 10:07am Mar 16, 2012 10:07am
Quoting pgd
Thanks, Auron.

Incidentally, that was the AUDUSD. no wonder it looks diff from the charts u hv been trading
But the one I posted is AUDUSD as well. Now I'm even more confused. It doesn't take much...
  • #3,914
  • Mar 16, 2012 10:19am Mar 16, 2012 10:19am
4 Hour EU, I put these fib channels on durning the week, Aruon Enjoying your trades and more importantly reading your thoughts behind the entry.. Can you let me know where in the thread you got the coloured MA that are runing trew your cloud...

Have a good St patricks day folks..
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 75 KB
  • #3,915
  • Mar 16, 2012 10:24am Mar 16, 2012 10:24am
Quoting pgd
cloud speed 3, bar range 5p.
entries above today's open (magenta).
white arrows mark actual entry bar.

entry1: 10535
entry2: 10540
exit : 10570 (near pivot level R1)
--------------------------------------------------------
medici, ian, auron,

would appreciate your comments.
Hi pg. Nice trades, your cloud looks a bit different as I use, and I think Auron's chart shows, cloud speed 1 (with all 4 ma's). I did try the other cloud speed briefly but prefer my current settings as it gives more information.
Follow, don't anticipate.
  • #3,916
  • Mar 16, 2012 10:31am Mar 16, 2012 10:31am
Quoting rebelheart
4 Hour EU, I put these fib channels on durning the week, Aruon Enjoying your trades and more importantly reading your thoughts behind the entry.. Can you let me know where in the thread you got the coloured MA that are runing trew your cloud...

Have a good St patricks day folks..
Thanks for the chart. Here's my H4 - I'll not be taking any more buys at this time on Friday at this level. (Probably blast right through now..)

Sláinte..!

Attached Image (click to enlarge)
Click to Enlarge Name: eu_20120316-h4.gif Size: 22 KB
Follow, don't anticipate.
  • #3,917
  • Mar 16, 2012 10:38am Mar 16, 2012 10:38am
Quoting Auron112
But the one I posted is AUDUSD as well. Now I'm even more confused. It doesn't take much...
auron,

the RB indi i am using is a free one i picked off the net.
perhaps, that's different from the one u r using.
would that be the cause for the variance, do u think?
  • #3,918
  • Mar 16, 2012 10:42am Mar 16, 2012 10:42am
Quoting pgd
auron,

the RB indi i am using is a free one i picked off the net.
perhaps, that's different from the one u r using.
would that be the cause for the variance, do u think?
Quite possible. I notice you don't have your messaging function on your profile any more. PM me.
  • #3,919
  • Mar 16, 2012 10:44am Mar 16, 2012 10:44am
Quoting rebelheart
4 Hour EU, I put these fib channels on durning the week, Aruon Enjoying your trades and more importantly reading your thoughts behind the entry.. Can you let me know where in the thread you got the coloured MA that are runing trew your cloud...

Have a good St patricks day folks..
It's probably in the attachments list but I'll make it easy on you. Here you go.
Attached File(s)
File Type: mq4 T3 MA Colour.mq4   4 KB | 268 downloads
  • #3,920
  • Mar 16, 2012 2:35pm Mar 16, 2012 2:35pm
Hi all,

Great posts, charts and comments this week!
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