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Extracted Thread (per thread starter's request)

#2,641
Edited Jun 12, 2012 6:48am Jun 11, 2012 4:31pm | Edited Jun 12, 2012 6:48am

vicentis
| Joined Jan 2012 | Status: Trader | 182 Posts

Quoting Emidora

Disliked

why you thinking that i am asking for a favor? your Eu post is past situation, i am not asking you trade signals i just was curious whether and this time you entered on second candle.
if i am not active member it means nothing i think? sorry for disruption

Ignored

it´s better to adapt to your trading style, this method is unique, and makes lots of pips but you have to learn how the pair that you want to trade behave. i don´t use the indicator i know when a consolidation box happens, and hand draw it, checking if its valid.

about that move I didn´t catch it , if i traded this i would wait... for a retracement, and a continuation, some times this don´t happens but i prefer that way... in this case we have a big red candle with momentum that broke the consolidation box then a "doji" and 2 blue candles, so i would enter some pips below the horizontal line...

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one more time FXHard thank very much for this, a big Hug to all forum mates...

specially Big SUMA AND FXHARD that didn´t let this thread die...

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;o)

ReAl MoDe: ON

#2,642
Edited 9:24am Jun 12, 2012 3:01am | Edited 9:24am

sue23
| Joined Apr 2012 | Status: Trader | 63 Posts

EURJPY: I've just taken the short trade off the earlier CZ. Looking for my usual 1:1 risk:reward. Stop loss at the top edge of the box.

Edit: risk halved (stop to 99.70 - middle of box) after price made a good strong move south and trade is +20 pips

Edit 2: Stopped out of the short trade, looking for re-entry.

Edit 3: Caught the next short entry and just hit my take profit. +3% less -1.1% for the earlier loss. Almost double my target for the day. Terminal shut down before I decide I'm on a roll and throw the profit away! ;-)

Sue

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#2,643
Jun 12, 2012 3:15am Jun 12, 2012 3:15am

sue23
| Joined Apr 2012 | Status: Trader | 63 Posts

Watching GBPUSD move back inside the earlier CZ. Opportunities setting up, but I'll only be trading if my earlier EJ trade is complete.

Edit: Red GBP news in 15 mins.

Sue

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#2,644
Jun 12, 2012 5:41am Jun 12, 2012 5:41am

rew2k7
| Joined Jan 2010 | Status: Trader | 84 Posts

Just closed today's USD/CAD trade.
TP hit=27

Regards
A.

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#2,645
Jun 12, 2012 7:06am Jun 12, 2012 7:06am

vicentis
| Joined Jan 2012 | Status: Trader | 182 Posts

Currently i don´t have many time to look to charts but i leave the pc in this thread and my mt4 and when i´m at home i like to see what forum mates are trading and how are "flirting" the box ....

Looking at Gu i see a box forming top 1.553904
bottom 1.551914

Almost 20 pips x 8 candles > not valid yet.... but lets see what happens latter.

(if tranding was guessing i would say that it would break bottom with momentum retrace and fall to 1.543774)

Best regards!

;o)

ReAl MoDe: ON

#2,646
Jun 12, 2012 9:24pm Jun 12, 2012 9:24pm

forexhard
| Commercial User | Joined May 2011 | 1,754 Posts

Confirmed CZ on E/U. G/U still quiet for now...

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To improve is to change. To perfect, is to change often.

#2,647
Jun 12, 2012 9:29pm Jun 12, 2012 9:29pm

forexhard
| Commercial User | Joined May 2011 | 1,754 Posts

Quoting sue23

Disliked

As an ex-helicopter pilot, I've spent many long days and nights battling through driving rain and dodging mountains, so it takes a lot more than a couple of cheeky boys to scare me off!

Nice to be back.

;-)

Ignored

Welcome back, Sue! Sorry to hear about your medical issue. Hope it's all better now. Next time (god forbid) ask for a room with wifi so you can keep in touch!

To improve is to change. To perfect, is to change often.

#2,648
Jun 13, 2012 12:52am Jun 13, 2012 12:52am

sue23
| Joined Apr 2012 | Status: Trader | 63 Posts

Quoting forexhard

Disliked

Welcome back, Sue! Sorry to hear about your medical issue. Hope it's all better now. Next time (god forbid) ask for a room with wifi so you can keep in touch!

Ignored

Hello FxH - Feeling much better thanks. I had my iPad with me and a good mobile connection...unfortunately, my own hardware was out of action. ;-)

By the way, I had a look over my trading notes yesterday, and since I started using this system, I've almost tripled my average daily profit! I know it's still early days, but I can't tell you how pleased I am with how it's working out.

Sue

#2,649
Edited 7:00am Jun 13, 2012 3:41am | Edited 7:00am

sue23
| Joined Apr 2012 | Status: Trader | 63 Posts

Just entered long GBPUSD. This is a manually drawn 30 x 30 box.

There are opportunities right now on AUDJPY, CADJPY, USDCAD and (if you're brave!) GBPJPY.

Edit: Stop at the bottom of the CZ, initial risk:reward 1:1 (32 pips).

Sue

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#2,650
Jun 13, 2012 9:41am Jun 13, 2012 9:41am

dryclean
Joined Oct 2008 | Status: Sailing for pips | 2,099 Posts

Been getting some nice play out of UJ for about a week

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#2,651
Jun 13, 2012 10:52am Jun 13, 2012 10:52am

forexhard
| Commercial User | Joined May 2011 | 1,754 Posts

Here's that same E/U chart a few hours later. Looks like the Big Dogs are back into their normal daily cycles again. No more 800p runs. Great news for us.

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To improve is to change. To perfect, is to change often.

#2,652
Jun 13, 2012 10:55am Jun 13, 2012 10:55am

forexhard
| Commercial User | Joined May 2011 | 1,754 Posts

Quoting sue23

Disliked

Hello FxH - Feeling much better thanks. I had my iPad with me and a good mobile connection...unfortunately, my own hardware was out of action. ;-)

By the way, I had a look over my trading notes yesterday, and since I started using this system, I've almost tripled my average daily profit! I know it's still early days, but I can't tell you how pleased I am with how it's working out.

Sue

Ignored

Me too. It humbles me to think of the effect I and my system are having on people halfway around the world. Thanks for trusting me enough to try it out.

To improve is to change. To perfect, is to change often.

#2,653
Jun 14, 2012 12:15am Jun 14, 2012 12:15am

forexhard
| Commercial User | Joined May 2011 | 1,754 Posts

I've got CZ's on both E/U and G/U. I probably won't go with both at the same time since they are so closely correlated. Between the 2, I'll probably go with Cable.

Curiously, it's been almost 10 days since my last G/U CZ, while my last E/U CZ was just yesterday.

Anybody else see what I see?...

To improve is to change. To perfect, is to change often.

#2,654
Jun 14, 2012 7:04am Jun 14, 2012 7:04am

forexhard
| Commercial User | Joined May 2011 | 1,754 Posts

Both pairs still have continuing consolidation. Going on 65 bars now. Amazing to consider and fun to watch.

By the rules, I went short on G/U a little while ago and then go stopped out at -33p when price hit the upper level of the CZ. No biggie. Now back to waiting for the next breakout since price has returned to the extended CZ. E/U, on the other hand, hasn't broken out at all.

Basically, the whole European market time frame has been a complete wash today, and it seems like everyone is waiting to see what happens during the NY markets.

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