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Price Action and Trading Discussion

  • #1,921
  • Jul 19, 2012 11:12am Jul 19, 2012 11:12am
nice LONG pin bar on EUR/USD with great RRR
  • #1,922
  • Jul 19, 2012 11:16am Jul 19, 2012 11:16am
I'm presently looking at the NJ trade for a potential buy...just not yet till I start seeing a weaker jpy.
Attached Image (click to enlarge)
Click to Enlarge Name: nj.gif Size: 19 KB
  • #1,923
  • Jul 19, 2012 6:52pm Jul 19, 2012 6:52pm
Quoting dboy365
I'm presently looking at the NJ trade for a potential buy...just not yet till I start seeing a weaker jpy.
My NJ and other JPY trades just got triggered. I'l show charts later but these trades may likely go into next week depending on PA.
Reading Nassim Nicholas Taleb's ebooks
The Black Swan: The Impact of the Highly Improbable and
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets
  • #1,924
  • Jul 19, 2012 10:11pm Jul 19, 2012 10:11pm
Quoting dboy365
My NJ and other JPY trades just got triggered.s
Closed trades for small losses. I hate jpy crosses big time and am considering not trading them for a long time!.
  • #1,925
  • Jul 20, 2012 12:26am Jul 20, 2012 12:26am
Hi guys,

It seems there has been a bit of interest in ebooks recently.

Well if any of you that are after some ebooks and know how to download torrent files then here are some links that will give you all the ebooks you can handle.

If your not sure on how to use and download torrent files, simply do a google search and you will soon be on your way

I would recommend any documents written by Steve Nison, in particular his ones about candlestick trading.

Learn about japanese candlesticks and you will be well on your way for your journey into PA trading.

http://isohunt.com/torrent_details/1...ng?tab=summary

http://isohunt.com/torrent_details/1...ng?tab=summary

http://isohunt.com/torrent_details/2...ng?tab=summary

http://isohunt.com/torrent_details/3...ng?tab=summary

http://kat.ph/forex-trading-collecti...-t3089036.html

http://kat.ph/trading-e-books-http-f...-t6439013.html

Hope this helps with the guys who are searching for ebooks.

Cheers.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #1,926
  • Jul 20, 2012 12:38am Jul 20, 2012 12:38am
watching and waiting...
Attached Image (click to enlarge)
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  • #1,927
  • Jul 20, 2012 3:45am Jul 20, 2012 3:45am
A few thoughts on EURUSD 4 hourly chart.

Unless we can see a close and hold above the resistance area around the 1.3000 area I would not be inclined to be looking for any long positions.

Stuck in some sideways consolidation at the moment.

On the daily we can clearly see the wedge that price is respecting at the moment.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 2.jpg Size: 65 KB
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #1,928
  • Jul 20, 2012 3:50am Jul 20, 2012 3:50am
This position got triggered yesterday.

Target was almost achieved and then bounced away. TP order still in place if it can reach that area.

Took this after a close outside of the sideways range.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURNZD 4 hourly 19-07.jpg Size: 114 KB
Click to Enlarge Name: EURNZD 4 hourly 20-07.jpg Size: 116 KB
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #1,929
  • Jul 20, 2012 3:51am Jul 20, 2012 3:51am
Quoting sebix
watching and waiting...
Yep, its going to break one way or the other soonish I would think.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #1,930
  • Jul 20, 2012 5:59am Jul 20, 2012 5:59am
I have almost the same set up for NZD/USD:
Attached Image (click to enlarge)
Click to Enlarge Name: nzd-usd.h4.gif Size: 19 KB
  • #1,931
  • Jul 20, 2012 8:17am Jul 20, 2012 8:17am
Quoting vitall
I have almost the same set up for NZD/USD:
Had a sell order at .8050 with sl at .8070 and TP at .8000 but canceled it later because of some stupid jpy trades. Missed R:R of 2.5:1 opportunity. I'm done for the week and already evaluating my trades history and refining my entry and exit strategies.
Anyway, Success on this one.
Attached Image (click to enlarge)
Click to Enlarge Name: nu.jpg Size: 97 KB
  • #1,932
  • Jul 20, 2012 8:23am Jul 20, 2012 8:23am
Quoting DarkWolF
Hi guys,

It seems there has been a bit of interest in ebooks recently.

Well if any of you that are after some ebooks and know how to download torrent files then here are some links that will give you all the ebooks you can handle.

If your not sure on how to use and download torrent files, simply do a google search and you will soon be on your way

I would recommend any documents written by Steve Nison, in particular his ones about candlestick trading.

Learn about japanese candlesticks and you will be well on your way for your...
Nice one DW. I already have most of these books but I had to get full torrent file anyway because of some interesting ones hidden in some folders.
Dont tell me you have read all these books!
I think I have all Steve Nison's books and videos (Steve_Nison Candle Sticks Profiting in Forex Seminar) which I probably got via torrents too.
  • #1,933
  • Jul 20, 2012 8:36am Jul 20, 2012 8:36am
Quoting dboy365
Closed trades for small losses. I hate jpy crosses big time and am considering not trading them for a long time!.
I was short NJ, but at yesterdays close suddenly my brokers spread hugely widend and my SL got hit.
Would have been in nice profit by now. Funny, huh?
http://www.forexfactory.com/showthre...23#post5858323

Its demo, so no reason to worry. I anyway dont plan to go live with Alpari.

Back on topic, got a pending long on NU.
BR reached, below it good support and TL.
Attached Image (click to enlarge)
Click to Enlarge Name: nu.jpg Size: 231 KB
Thoughts are things
  • #1,934
  • Jul 20, 2012 9:01am Jul 20, 2012 9:01am
Quoting Quezoy
I was short NJ, but at yesterdays close suddenly my brokers spread hugely widend and my SL got hit.
Would have been in nice profit by now. Funny, huh?
http://www.forexfactory.com/showthre...23#post5858323

Its demo, so no reason to worry. I anyway dont plan to go live with Alpari.

Back on topic, got a pending long on NU.
BR reached, below it good support and TL.
Live with Alpari? Thats not gonna happen anyday, even if they are the only broker on earth. I learnt my lessons a long time ago.
  • #1,935
  • Jul 20, 2012 9:52am Jul 20, 2012 9:52am
Quoting DarkWolF
This position got triggered yesterday.

Target was almost achieved and then bounced away. TP order still in place if it can reach that area.

Took this after a close outside of the sideways range.
Have been out tonight so have not seen much of the session but got home to see target achieved on this position.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURNZD 4 hourly 20-07.jpg Size: 116 KB
Click to Enlarge Name: EURNZD 4 hourly 21-07 TP.jpg Size: 115 KB
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #1,936
  • Jul 20, 2012 9:54am Jul 20, 2012 9:54am
Quoting dboy365
Nice one DW. I already have most of these books but I had to get full torrent file anyway because of some interesting ones hidden in some folders.
Dont tell me you have read all these books!
I think I have all Steve Nison's books and videos (Steve_Nison Candle Sticks Profiting in Forex Seminar) which I probably got via torrents too.
Hi dboy,

No I havent read all of them but have read a few.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #1,937
  • Jul 20, 2012 10:01am Jul 20, 2012 10:01am
Quoting DarkWolF
Have been out tonight so have not seen much of the session but got home to see target achieved on this position.
A friend of mine entered this sell at RN .5300 but never got filled in. High was .52988.
  • #1,938
  • Jul 20, 2012 10:04am Jul 20, 2012 10:04am
Quoting dboy365
A friend of mine entered this sell at RN .5300 but never got filled in. High was .52988.
A limit sell ?
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #1,939
  • Jul 20, 2012 10:05am Jul 20, 2012 10:05am
Quoting DarkWolF
A limit sell ?
ye; on retracement higher.
  • #1,940
  • Jul 20, 2012 10:08am Jul 20, 2012 10:08am
Quoting DarkWolF
A few thoughts on EURUSD 4 hourly chart.

Unless we can see a close and hold above the resistance area around the 1.3000 area I would not be inclined to be looking for any long positions.

Stuck in some sideways consolidation at the moment.

On the daily we can clearly see the wedge that price is respecting at the moment.
Stalling right on the trend line again. If it can manage to break lower the next logical support area will be the 1.2000 area. This area is also long term support on the weekly chart.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2.jpg Size: 65 KB
Click to Enlarge Name: 3.jpg Size: 82 KB
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
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