Done for today, 2 times 20pips thanks a lot to your guys you are soooo great.
It make fun to trade with your system.
- #181
- Jul 17, 2012 3:49am Jul 17, 2012 3:49am
- Joined Mar 2011 | Status: Trader | 1,886 Posts
- #187
- Jul 17, 2012 4:00am Jul 17, 2012 4:00am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Doing what you like is Freedom. Liking what you do is Happiness.
- #189
- Jul 17, 2012 4:13am Jul 17, 2012 4:13am
- Joined Mar 2011 | Status: Trader | 1,886 Posts
Hopefully it will because it went through yesterdays high came back down, was rejected at the high again and then up, if you only take those types of trades along with the genesis and the stoch, you will make a lot of pips, 1st target R1 and then see what happens, will be the second time trying today at R1.
Target 1 reached
If you were in the EU long and if you don't mind, please could you post the chart showing your EU entry? Intrigued to know where you took the trade. The full Genesis signal around Frankfurt/early London wasn't straight forward (stochs too high), so i'm thinking you might have entered later without the arrow? Many thanks.
Of course stoch was too high, but i didn' get attention to it, while learning this system......
Anyways, i missed when it got up 15+ pips first time, got in a little drawdown, but finally i was lucky to close it +15 pips
- #197
- Jul 17, 2012 4:45am Jul 17, 2012 4:45am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Wow...2 days in a row Olivia is taking all the pips!!! Well done those who have taken profit so far today. My Internet connection seems stable at long last....it's frustrating when the Internet connection is unreliable. Never mind.....on to the next opportunity
As we seem to be in a quiet time on the market, I'm going to take a few screenshots and post them soon. Yes, they are past opportunities, but it might clear up a few issues I see that some people here are having regarding entries......
As we seem to be in a quiet time on the market, I'm going to take a few screenshots and post them soon. Yes, they are past opportunities, but it might clear up a few issues I see that some people here are having regarding entries......
Doing what you like is Freedom. Liking what you do is Happiness.
- #199
- Jul 17, 2012 4:57am Jul 17, 2012 4:57am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
Here is the EJ M5 chart. The green vertical line is Frankfurt open and there was a long trade opportunity just about straight after.
You could argue that the stoch is very high and you would not take the trade....and that is a fair enough response. Lets come back to the stoch in a minute.
We have a clear signal from Genesis we have a bull candle opening clear of the Yellow 5EMA.....we even have the arrow. All that might be a problem is the stoch.
Now, regarding the stoch.....yes, it is quite high, but, it was way low just a few candles before. So the PA isn't overbought. It isn't perfect, but it's not bad.
The clincher is the swing low, where our SL will be placed is just 10 pips. So, we would have to consider, is it worth the risk?......a 10 pip risk, when almost everything else lines up to tell us to take a long.
Would you take it?
It's up to you.....I would certainly take the trade because a 10 pip risk is worth it to me. If you would rather sit it out and wait....that's fine too
You could argue that the stoch is very high and you would not take the trade....and that is a fair enough response. Lets come back to the stoch in a minute.
We have a clear signal from Genesis we have a bull candle opening clear of the Yellow 5EMA.....we even have the arrow. All that might be a problem is the stoch.
Now, regarding the stoch.....yes, it is quite high, but, it was way low just a few candles before. So the PA isn't overbought. It isn't perfect, but it's not bad.
The clincher is the swing low, where our SL will be placed is just 10 pips. So, we would have to consider, is it worth the risk?......a 10 pip risk, when almost everything else lines up to tell us to take a long.
Would you take it?
It's up to you.....I would certainly take the trade because a 10 pip risk is worth it to me. If you would rather sit it out and wait....that's fine too
Doing what you like is Freedom. Liking what you do is Happiness.