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  • #461
  • Mar 27, 2012 11:57am Mar 27, 2012 11:57am
I'm placing it at 1.04908 at the moment. not trigger yet.
  • #462
  • Mar 27, 2012 12:03pm Mar 27, 2012 12:03pm

http://2.bp.blogspot.com/-f-RXp1eSPZ...Y/s400/aud.JPG


So Higher Low with buy signal on slower DT on 5minut.
  • #463
  • Mar 27, 2012 12:07pm Mar 27, 2012 12:07pm
LONG 2 positions of AUDUSD at 1.04908, SL 1.04740, if reach 1.05027 take profit 1 position.
  • #464
  • Mar 27, 2012 12:10pm Mar 27, 2012 12:10pm
Quoting Akhh

http://2.bp.blogspot.com/-f-RXp1eSPZ...Y/s400/aud.JPG


So Higher Low with buy signal on slower DT on 5minut.
Yeah I see you did not wait until the M5 13DT to confirm cross to enter. You entered the first sec it crossed, before the M5 13DT is confirmed crossed. I waited another 5min to confirm.

Thanks, I'm going to bed now. Good night.
  • #465
  • Mar 27, 2012 12:24pm Mar 27, 2012 12:24pm
SL -4,5pips.

For re-enter HL on 15minutes chart with same rules.
  • #466
  • Mar 27, 2012 2:56pm Mar 27, 2012 2:56pm
No other trade today


27.03.2012:


1trade - SL -4,5pips
  • #467
  • Edited 12:46am Mar 28, 2012 12:42am | Edited 12:46am
Quoting Akhh
No other trade today


27.03.2012:


1trade - SL -4,5pips
Hi Akhh, how was trading so far with the 1M? Patience is virtue! Sorry I tried with your method, but I couldn't find a good setup, I am quite a slow trader because i cannot master Fibonacci drawing that easily. I hope you are doing well with it

Quoting lithium1
Hi Jim,
Actually I trade HK stocks and HSI quite often. Yes I agree with you futures are a lot smoother than Forex. Sometimes I do experience a sharp pull back to hit my stop and goes back up again, actually I experienced it all the time, so nowadays I try to put my stops a few pips below the level I wanted to be out.

At first, I started forex because I want to hedge my HK dollar against ringgit. I normally use the AUD/USD to hedge. But after a while, I started trade it.... haha...... and got suck in to this hole, hopefully I can manage to find...
Hi Lithium, did you mean you trade forex physically, rather than speculation using highly leverage medium like what we are doing now? lol. That's great you know how to hedge against HK, it's like some traders in Malaysia hedging Crude Palm Oil with Palm Fatty Acid.

There is no view for S&P, but since it's more smooth, we can gauge it through looking at the major trend (for Forex, i won't guarantee). One thing I also use is Camarilla lines, they are very precise but due dilligence is needed just like every other method

It's quite expensive to subscribe to the Camarilla lines, but just for your information, you can read about the nature of these lines in their website. http://surefirething.com/

Sorry Akhh for spamming your thread! Peace! hahaha
  • #468
  • Mar 28, 2012 1:42am Mar 28, 2012 1:42am
AUD/USD on support level and last level for long if its correction of wave 3.

http://1.bp.blogspot.com/-QSOw7Kj9Xc...4/s400/aud.JPG

  • #469
  • Mar 28, 2012 1:54am Mar 28, 2012 1:54am
Potential trades levels (after reaching this level - i need faster DT signal on H1, than signal on 5minut slower DT and 5minute Higher Low with DT signal):


http://2.bp.blogspot.com/-P9QWzb7mSH...400/eurusd.JPG




http://1.bp.blogspot.com/-bLdxnaONyf...400/GBPUSD.JPG

  • #470
  • Mar 28, 2012 2:32am Mar 28, 2012 2:32am
Long 2 position of audusd at 1.04326. Sl 1.04192. Let's see how is my luck this time
  • #471
  • Mar 28, 2012 5:39am Mar 28, 2012 5:39am
12:30 Long on GBP/USD


1.59291 SL 1.52188

http://3.bp.blogspot.com/-2kW67QGiv9...400/GBPUSD.JPG


Price in trade zone. H1 buy signal.

http://1.bp.blogspot.com/-AN4YPVOCv8...00/GBPUSD5.JPG


Signal on 5minute. Than Higher Low with signal = open of position with SL below second low.
  • #472
  • Mar 28, 2012 6:05am Mar 28, 2012 6:05am
Quoting Akhh
12:30 Long on GBP/USD


1.59291 SL 1.52188

http://3.bp.blogspot.com/-2kW67QGiv9...400/GBPUSD.JPG


Price in trade zone. H1 buy signal.

http://1.bp.blogspot.com/-AN4YPVOCv8...00/GBPUSD5.JPG


Signal on 5minute....
You SL should be 1.59188?
  • #473
  • Mar 28, 2012 6:39am Mar 28, 2012 6:39am
SL -11pips on GBP/USD

Now im looking on GBP/JPY it looks much stronger.

Also retrace from fibo/ S/R zone after 4 correction wave and has 2xHL on 5minute chart.
  • #474
  • Mar 28, 2012 6:39am Mar 28, 2012 6:39am
Quoting lithium1
You SL should be 1.59188?

Yes of course.
  • #475
  • Mar 28, 2012 7:12am Mar 28, 2012 7:12am
I'm thinking to give a one last try on AUDUSD
  • #476
  • Mar 28, 2012 7:45am Mar 28, 2012 7:45am
Quoting lithium1
I'm thinking to give a one last try on AUDUSD

That will be just luck. After that long down trend it is not in 1-5 up move. So now i will treat AUD/USD like it is in down trend. It can be wave 1, or A.
  • #477
  • Mar 28, 2012 8:21am Mar 28, 2012 8:21am
Well looking at AUD/USD and retrace from S/R level - it can be long. But after HL on 5minute.

Anyway i dont see good potential of this trade. Its no longer 1-5up move.
  • #478
  • Mar 28, 2012 8:43am Mar 28, 2012 8:43am
Quoting Akhh
Well looking at AUD/USD and retrace from S/R level - it can be long. But after HL on 5minute.

Anyway i dont see good potential of this trade. Its no longer 1-5up move.
Yeah, risk reward not very good. Picking a 5 wave bottom is challenging
  • #479
  • Mar 28, 2012 9:33am Mar 28, 2012 9:33am
16:30 EUR/USD is close to potential retracement zone and end of 4 correction wave.


Strategy is same: first signal on H1 and its v close, than 5minute signal and waiting for another signal and Higher Low on 5minute chart.
  • #480
  • Mar 28, 2012 9:48am Mar 28, 2012 9:48am
Its falling down. No transactions. End for today:

1 transaction and 1xSL

28.03.2012 -11pips
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