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Intraday price action trend trading

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  • Post #9,901
  • Quote
  • May 17, 2012 4:07am May 17, 2012 4:07am
  •  overseaz
  • | Joined Mar 2012 | Status: Timing is everything | 608 Posts
Good Morning GDR,
Just read the news and realized that there is a Holiday in Europe today.
Could be slow till NY
All DayCHFBank Holiday
All DayEURFrench Bank Holiday
All DayEURGerman Bank Holiday
Look for reasons not to take a trade.
 
 
  • Post #9,902
  • Quote
  • May 17, 2012 4:12am May 17, 2012 4:12am
  •  GDR3k
  • Joined Mar 2011 | Status: Bullish Behavior | 3,166 Posts
Quoting overseaz
Disliked
Good Morning GDR,
Just read the news and realized that there is a Holiday in Europe today.
Could be slow till NY
All Day CHF Bank Holiday
All Day EUR French Bank Holiday
All Day EUR German Bank Holiday
Ignored
g'morning to you too, it is indeed a bank holiday however going off this mornings current movement one wouldn't think it was
 
 
  • Post #9,903
  • Quote
  • May 17, 2012 4:18am May 17, 2012 4:18am
  •  overseaz
  • | Joined Mar 2012 | Status: Timing is everything | 608 Posts
I see wedge
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Look for reasons not to take a trade.
 
 
  • Post #9,904
  • Quote
  • May 17, 2012 4:25am May 17, 2012 4:25am
  •  overseaz
  • | Joined Mar 2012 | Status: Timing is everything | 608 Posts
AU 1H
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Look for reasons not to take a trade.
 
 
  • Post #9,905
  • Quote
  • May 17, 2012 5:21am May 17, 2012 5:21am
  •  overseaz
  • | Joined Mar 2012 | Status: Timing is everything | 608 Posts
Market is too choppy this morning. See you guys at NY.
Look for reasons not to take a trade.
 
 
  • Post #9,906
  • Quote
  • May 17, 2012 6:42am May 17, 2012 6:42am
  •  trade price
  • Joined Jan 2010 | Status: Member | 1,188 Posts
all you need is your eyes and a chart.
dont belive in news or anything else..
when public thinks its time for bad pro thinks exact opposite.

do you think pro would not do anything while their long term position is in the market?

just dont force yourself to trade.
our future is depend what we do today.
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  • Post #9,907
  • Quote
  • May 17, 2012 7:50am May 17, 2012 7:50am
  •  overseaz
  • | Joined Mar 2012 | Status: Timing is everything | 608 Posts
Thank you Sho. One more puzzle for me. Which is good. I like your puzzles, that's why I hangout here.
Look for reasons not to take a trade.
 
 
  • Post #9,908
  • Quote
  • May 17, 2012 9:07am May 17, 2012 9:07am
  •  overseaz
  • | Joined Mar 2012 | Status: Timing is everything | 608 Posts
Entered a little late on pin bar breakout. +12
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Look for reasons not to take a trade.
 
 
  • Post #9,909
  • Quote
  • Edited 9:39am May 17, 2012 9:20am | Edited 9:39am
  •  GDR3k
  • Joined Mar 2011 | Status: Bullish Behavior | 3,166 Posts
I'm currently long @ 1.27 and SL is at break even right now, TP is 1.2747, not my usual entry given its location and going long at resistance isn't recommended!!

I missed the start of the upmove @ 1.2670 as I imagine alot of stops where located there.

stopped at break even, should of put TP @ daily pivot.
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  • Post #9,910
  • Quote
  • May 17, 2012 10:29am May 17, 2012 10:29am
  •  rascal63
  • | Joined Feb 2011 | Status: Member | 13 Posts
It worked!!!! I got an A+ signal on the 15min chart. There was major consolidation and when it broke it broke big. New member of thread. Can't post charts yet... Have read Sho's thread 3 times and like everyone else... the more you read it the better the retention. I just didn't realize how much info is in his thread. I will probably have to read it another 3 times to get the full benefit. Thank you Sho!!!! with your help I hope to be heading to paradise= consistently profitable..... Gonna make u proud
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  • Post #9,911
  • Quote
  • May 18, 2012 3:30am May 18, 2012 3:30am
  •  GDR3k
  • Joined Mar 2011 | Status: Bullish Behavior | 3,166 Posts
Jus scalped 15 pips @ 1.26599, TP 1.2675. Entered after the mini pullback to support on the 5m and 1m charts.

I really need more screens to monitor more pairs at once.
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  • Post #9,912
  • Quote
  • May 18, 2012 3:44am May 18, 2012 3:44am
  •  GDR3k
  • Joined Mar 2011 | Status: Bullish Behavior | 3,166 Posts
Heads up 5m chart, AUDUSD possible long in the making, price has bounced off a mid pivot and is currently pulling back to daily support @ 0.98304 and 0.9825, will wait for confirmation price has reversed first.
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  • Post #9,913
  • Quote
  • Edited 4:36am May 18, 2012 4:25am | Edited 4:36am
  •  GDR3k
  • Joined Mar 2011 | Status: Bullish Behavior | 3,166 Posts
AUDUSD long @ 0.98396, TP 0.9860. SL @ BE.

Dam pullback, closed @ 0.9849

+25 pips up for the day, not bad for an hours trading so far.
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  • Post #9,914
  • Quote
  • May 18, 2012 4:37am May 18, 2012 4:37am
  •  overseaz
  • | Joined Mar 2012 | Status: Timing is everything | 608 Posts
I'm glad we have our Master Sho here from time to time. Yesterday market was moving nicely despite the closed banks in Europe. One more lesson had learned. So many left to learn
Look for reasons not to take a trade.
 
 
  • Post #9,915
  • Quote
  • May 18, 2012 4:38am May 18, 2012 4:38am
  •  overseaz
  • | Joined Mar 2012 | Status: Timing is everything | 608 Posts
Quoting GDR3k
Disliked
AUDUSD long @ 0.98396, TP 0.9860. SL @ BE.

Dam pullback, closed @ 0.9849

+25 pips up for the day, not bad for an hours trading so far.
Ignored
I would say: Not bad at all
Look for reasons not to take a trade.
 
 
  • Post #9,916
  • Quote
  • May 18, 2012 4:40am May 18, 2012 4:40am
  •  GDR3k
  • Joined Mar 2011 | Status: Bullish Behavior | 3,166 Posts
Quoting overseaz
Disliked
I would say: Not bad at all
Ignored
I blame that pullback of AUDUSD on EURUSD - the bounce off the whole number & daily pivot, they are looking highly correlated this morning.
 
 
  • Post #9,917
  • Quote
  • Edited 5:30am May 18, 2012 5:10am | Edited 5:30am
  •  GDR3k
  • Joined Mar 2011 | Status: Bullish Behavior | 3,166 Posts
AUDUSD short @ 0.98456, the bounce off the half number. TP 0.9831, 1 pip above daily support.

SL @ BE @ stopped.
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  • Post #9,918
  • Quote
  • May 18, 2012 6:22am May 18, 2012 6:22am
  •  overseaz
  • | Joined Mar 2012 | Status: Timing is everything | 608 Posts
Didn't read the market properly today. I need to work more on exits.
From 1st page of the 1st thread:
"...even in the best and obvious setups why most people fails?because its their thinking."
"...who to blame?its allways u.its allways depend how u react with the market movement."
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Look for reasons not to take a trade.
 
 
  • Post #9,919
  • Quote
  • May 18, 2012 6:49am May 18, 2012 6:49am
  •  GDR3k
  • Joined Mar 2011 | Status: Bullish Behavior | 3,166 Posts
USDCAD expect alot of volatility this afternoon if the figures for CPI come out real good/real bad. We might get a nice 50+ pip spike. If the figures come out good, USDCAD will probably fall, bad and it'll rise (going off past data released/price action).
 
 
  • Post #9,920
  • Quote
  • May 18, 2012 9:47am May 18, 2012 9:47am
  •  overseaz
  • | Joined Mar 2012 | Status: Timing is everything | 608 Posts
Quick scalp trade from Resistance became Support zone. +10 pips
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Look for reasons not to take a trade.
 
 
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