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PA by Julexo

  • #1,241
  • Edited 3:48am Jun 22, 2012 3:35am | Edited 3:48am
every candle in the channel reinforces my faith in this demand's strength. now the thing is should I quit at the upcoming supply or not?!?

p.s.: BE is always an option, too...

edit: closed for +25...
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  • #1,242
  • Jun 22, 2012 3:41am Jun 22, 2012 3:41am
Quoting isengoz
every candle in the channel reinforces my faith in this demand's strength. now the thing is should I quit at the upcoming supply or not?!?

p.s.: BE is always an option, too...

price stuck in range....will c after 1H where price gone close....
  • #1,243
  • Jun 22, 2012 4:00am Jun 22, 2012 4:00am
Quote
This is how I saw it:

Price left 1.2698 in quite an aggressive fashion which suggests to me a decision point that price was too expensive. I entered at the retrace because I thought there was a lot of unfilled sell orders at that level.
It's important to look for decision points that will turn price.

Hope that made some sense...

Thanks for the reply, Pedini89.
However, wouldn't prices climb aggressively because it was to cheap?
I understand the unfilled sell orders but not the dear price.
Can you please clarify?
Thanks in advance.
  • #1,244
  • Jun 22, 2012 4:10am Jun 22, 2012 4:10am
Hello, Julexo
I have been paying attention at your trades.
In a nutshell, could your strategy be described as the following?:

Let's say price is trending down towards a support (demand) zone. If that support holds price, you buy. If price pierces through support, you sell.
Your target is always the next supply/demand zone.

Would that be a correct description?
Cheers
  • #1,245
  • Jun 22, 2012 4:13am Jun 22, 2012 4:13am
Quoting Thaddeus
Hello, Julexo
I have been paying attention at your trades.
In a nutshell, could your strategy be described as the following?:

Let's say price is trending down towards a support (demand) zone. If that support holds price, you buy. If price pierces through support, you sell.
Your target is always the next supply/demand zone.

Would that be a correct description?
Cheers

yes look for patterns, trend direction....S/D zones for entrys...make sure you have profit margin...and how price arriving in zone...loads of charts we have here on thread....
  • #1,246
  • Jun 22, 2012 4:15am Jun 22, 2012 4:15am
noooww, let's see how far this sell goes...
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  • #1,247
  • Jun 22, 2012 4:23am Jun 22, 2012 4:23am
and how strong you's psychology fight with price...70proc.of successful trading matters you self...
  • #1,248
  • Jun 22, 2012 4:25am Jun 22, 2012 4:25am
Quoting Thaddeus
Thanks for the reply, Pedini89.
However, wouldn't prices climb aggressively because it was to cheap?
I understand the unfilled sell orders but not the dear price.
Can you please clarify?
Thanks in advance.
thaddeus,

if you haven't wached, I strongly encourage you to watch Sam Seiden's webinars at fxstreet.com. you'll understand all the logic and the method we trade here. I watched one of his webinars 2 months ago for the first time, and my point of view about trading and price movements, my winning percentage and a lot more things have changed since then.

good luck,
ismail...
  • #1,249
  • Jun 22, 2012 4:25am Jun 22, 2012 4:25am
Quoting isengoz
noooww, let's see how far this sell goes...
big pressure on supply from top....We have to create another leg down...
  • #1,250
  • Jun 22, 2012 4:31am Jun 22, 2012 4:31am
Quoting isengoz
noooww, let's see how far this sell goes...

nice trade for long scalp...
  • #1,251
  • Jun 22, 2012 4:33am Jun 22, 2012 4:33am
pa
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  • #1,252
  • Jun 22, 2012 4:47am Jun 22, 2012 4:47am
waiting when price close below 2533 then I'm safe....
  • #1,253
  • Jun 22, 2012 5:02am Jun 22, 2012 5:02am
Quoting isengoz
noooww, let's see how far this sell goes...
stopped at BE... anyway, I have to leave now, maybe I'll come back at NY session. until than good luck to all of you...

ismail...
  • #1,254
  • Jun 22, 2012 5:10am Jun 22, 2012 5:10am
Quoting isengoz
stopped at BE... anyway, I have to leave now, maybe I'll come back at NY session. until than good luck to all of you...

ismail...
damn, it just went up to take me out. now, it's going down again I hate it when this happens...
  • #1,255
  • Jun 22, 2012 5:17am Jun 22, 2012 5:17am
Quoting isengoz
damn, it just went up to take me out. now, it's going down again I hate it when this happens...

at moment both ways wining % sellers and buyers cashing money...wait a little...same side have to leave table...top supply in progress....
  • #1,256
  • Jun 22, 2012 5:26am Jun 22, 2012 5:26am
if they want puch it price higher, they have to let price bounce on lower demand....then price cheaper lot of buyers sitting on lower zones...
  • #1,257
  • Jun 22, 2012 5:30am Jun 22, 2012 5:30am
Europe can't control price you can c on charts...NY boys gone take care...
  • #1,258
  • Jun 22, 2012 6:34am Jun 22, 2012 6:34am
same locked from top...will c how far riding down....?
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  • #1,259
  • Jun 22, 2012 7:02am Jun 22, 2012 7:02am
closed all shorts...can't c nothing on small tf...ticking price....I will take action on supply level
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  • #1,260
  • Jun 22, 2012 7:25am Jun 22, 2012 7:25am
it's friday stay safe...need to print new price...
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