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5min EUR/USD mini trendline breaks

  • #181
  • Apr 18, 2012 4:24am Apr 18, 2012 4:24am
waiting to close below trendline...
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  • #182
  • Edited 4:37am Apr 18, 2012 4:25am | Edited 4:37am
pending sell stop got triggered for me
closed +6
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  • #183
  • Apr 18, 2012 5:00am Apr 18, 2012 5:00am
sell stop trigered
closed +4
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  • #184
  • Apr 18, 2012 5:02am Apr 18, 2012 5:02am
Quoting akurs
pending sell stop got triggered for me
closed +6
Niceee o/
Let's see what EU will do now.. I can see that there's divergence on M5 ~ M15 and the price still above 1.3080~(85) (demand zone). It just stoped me to make orders in EU for a while.. Let's see for what way the price will trend-in
pips pips pips pips....
  • #185
  • Apr 18, 2012 5:12am Apr 18, 2012 5:12am
Quoting Kelvor
Niceee o/
Let's see what EU will do now.. I can see that there's divergence on M5 ~ M15 and the price still above 1.3080~(85) (demand zone). It just stoped me to make orders in EU for a while.. Let's see for what way the price will trend-in
thats why I was taking small TP, soon divergence should play its cards
  • #186
  • Apr 18, 2012 7:07am Apr 18, 2012 7:07am
Well, the market is consolidated in this morning, but i'm opening another trade. This one is on GBPUSD, let's see what happen ^^
Attached Image
pips pips pips pips....
  • #187
  • Apr 18, 2012 7:11am Apr 18, 2012 7:11am
Quoting Kelvor
Well, the market is consolidated in this morning, but i'm opening another trade. This one is on GBPUSD, let's see what happen ^^
nice trade
  • #188
  • Apr 18, 2012 7:12am Apr 18, 2012 7:12am
Quoting Kelvor
Well, the market is consolidated in this morning, but i'm opening another trade. This one is on GBPUSD, let's see what happen ^^
Hum, objective reached. +12 pip..

That was easy
pips pips pips pips....
  • #189
  • Apr 18, 2012 7:14am Apr 18, 2012 7:14am
Quoting akurs
nice trade
Thanks Akurs
pips pips pips pips....
  • #190
  • Apr 18, 2012 9:40am Apr 18, 2012 9:40am
New trade on EURJPY ;D
Stop at BreakEven..
Let's see what happen ...
Attached Image
pips pips pips pips....
  • #191
  • Apr 18, 2012 9:45am Apr 18, 2012 9:45am
Quoting Kelvor
New trade on EURJPY ;D
Stop at BreakEven..
Let's see what happen ...
Trade closed, just reach my objective ;D
Spike of +20 pips


That was a nice move O_O"
Attached Image
pips pips pips pips....
  • #192
  • Apr 19, 2012 1:35am Apr 19, 2012 1:35am
Quoting Kelvor
Trade closed, just reach my objective ;D
Spike of +20 pips


That was a nice move O_O"
nice catch
  • #193
  • Apr 19, 2012 3:43am Apr 19, 2012 3:43am
Hello buddies..
I wake up now and i just entered in a trade on GBPUSD.. It's trying to break a historical top 1.6060.

M5 shows us a buy signal, but Stop Loss has taken
Starting the day with a bad trade kkk


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i hate bad beats ;D
pips pips pips pips....
  • #194
  • Apr 19, 2012 5:21am Apr 19, 2012 5:21am
Could you please formulate more detailed rules for drawing trendlines for use in this strategy?

I find myself uncertain many times...

Eg: is this trendline OK (lower one)
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Click to Enlarge Name: Zrzut ekranu 2012-04-19 o 12.20.25.png Size: 26 KB
  • #195
  • Apr 19, 2012 5:23am Apr 19, 2012 5:23am
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  • #196
  • Apr 19, 2012 5:26am Apr 19, 2012 5:26am
Quoting reuptake
Could you please formulate more detailed rules for drawing trendlines for use in this strategy?

I find myself uncertain many times...

Eg: is this trendline OK (lower one)
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  • #197
  • Apr 19, 2012 5:32am Apr 19, 2012 5:32am
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  • #198
  • Apr 19, 2012 5:43am Apr 19, 2012 5:43am
Quoting iak
Attachment
Thanks a lot. Second question: don't you think SL/TP are too distant? I'm in the same short EU trade and I doubt we'll go that much down, breaking resistance and so on...
  • #199
  • Apr 19, 2012 5:45am Apr 19, 2012 5:45am
And one more... this is wrong (I mean trendline, not whole setup)? Because of bullish candle?
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  • #200
  • Apr 19, 2012 5:49am Apr 19, 2012 5:49am
Quoting reuptake
Thanks a lot. Second question: don't you think SL/TP are too distant? I'm in the same short EU trade and I doubt we'll go that much down, breaking resistance and so on...
sl/tp and how you manage the trade is up to you. i set an initial sl/tp at 20pips but then alter it to fit the situation. once my trade is activated i set a order to take out half my order at 20 pips and then move the other half to be. sometimes i will move the first stop to just above last swing. if i have a bad feel about trade i will move to BE. I have my orders pre-set to save me time.
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