Intraday price action trend trading | Page 509 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

MultiTimeFrame Trend Trading with Price Action 242 replies

Any Recommendations on Learning Intraday Price Action Trading 5 replies

Price Pattern Notifications/Trend Alert Price Action Scanner 7 replies

Trend following intraday breakout - my trading journal 11 replies

intraday trend trading with price action 2,063 replies

Attachments: Intraday price action trend trading
Exit Attachments

Intraday price action trend trading

  • #10,161
  • Jul 31, 2012 6:26am Jul 31, 2012 6:26am
This is what I'm looking for on AU at the moment

Same thing happening on EU 15m chart
Attached Image (click to enlarge)
Click to Enlarge Name: 31st July AU 15m Chart 4.jpg Size: 89 KB
  • #10,162
  • Jul 31, 2012 6:43am Jul 31, 2012 6:43am
Quoting stevepatt
This is what I'm looking for on AU at the moment

Same thing happening on EU 15m chart
Entered short, looks like I might have got in too early, as I post this.

STOPPED OUT (1R)

Got into the trade a bit too early
Attached Image (click to enlarge)
Click to Enlarge Name: 31st July AU 15m Chart 5.jpg Size: 92 KB
  • #10,163
  • Jul 31, 2012 7:37am Jul 31, 2012 7:37am
Hi guys! My trade today.
Impulsive > Corrective > IB, RR 1:1
Attached Image (click to enlarge)
Click to Enlarge Name: eu20120731.gif Size: 23 KB
Look for reasons not to take a trade.
  • #10,164
  • Jul 31, 2012 7:42am Jul 31, 2012 7:42am
Quoting overseaz
Hi guys! My trade today.
Impulsive > Corrective > IB, RR 1:1

Hi overseaz,

Nice trade, I haven't got the patience to play 30m LOL.

I see EU and AU moving in opposite directions at the moment somethings got to give with one or the other of them.
  • #10,165
  • Jul 31, 2012 8:04am Jul 31, 2012 8:04am
Quoting stevepatt
Hi overseaz,

Nice trade, I haven't got the patience to play 30m LOL.

I see EU and AU moving in opposite directions at the moment somethings got to give with one or the other of them.
Thanks, Steve!
I play all TFs if the setup and PA is right:-) Like Sho said: Higher TF is better. So, I gave it a try. Didn't have patience either. I should've wait the flag pole distance target
Alec
Attached Image (click to enlarge)
Click to Enlarge Name: eu201207311.gif Size: 25 KB
Look for reasons not to take a trade.
  • #10,166
  • Jul 31, 2012 9:34am Jul 31, 2012 9:34am
Quoting overseaz
Thanks, Steve!
I play all TFs if the setup and PA is right:-) Like Sho said: Higher TF is better. So, I gave it a try. Didn't have patience either. I should've wait the flag pole distance target
Alec
Hi Alec,

Did you set an hard TP when you entered the trade?

Sometimes I don't place a hard TP and watch PA around supply/demand and RNs (00/50). because quite often the market will shoot straight through them. It depends on how volitile the market is.

Steve
  • #10,167
  • Jul 31, 2012 9:51am Jul 31, 2012 9:51am
Yes I did. Closed earlier anyway
One more scalp trade today.
Attached Image (click to enlarge)
Click to Enlarge Name: eu201207312.gif Size: 23 KB
Look for reasons not to take a trade.
  • #10,168
  • Jul 31, 2012 10:00am Jul 31, 2012 10:00am
Quoting overseaz
Yes I did. Closed earlier anyway
One more scalp trade today.
My entry was based on 30M and 5M.
Exited bcz volume was lower and lower on 5M. Could go higher, but I'm happy with my profit for today
Attached Image (click to enlarge)
Click to Enlarge Name: eu201207313.gif Size: 21 KB
Look for reasons not to take a trade.
  • #10,169
  • Edited 10:53am Jul 31, 2012 10:31am | Edited 10:53am
Went long after break out and retrace to support level

EDIT: MOVED SL TO BE

OUT FOR +1 PIP

Should have got out for 1R on a ranging day like today.

That's the trouble when you start to anticipate the market I thought it was going for a big push up through resistance.
Might be pulling back to demand to stack up with more buying power before pushing through.
Market is like me now needs a break LOL.
Attached Image (click to enlarge)
Click to Enlarge Name: 31st July AU 15m Chart 6.jpg Size: 118 KB
  • #10,170
  • Aug 1, 2012 2:18am Aug 1, 2012 2:18am
Entered long with some momentum above 1.05000 RN
Attached Image (click to enlarge)
Click to Enlarge Name: 1st Aug AU 15m Chart.jpg Size: 107 KB
  • #10,171
  • Aug 1, 2012 2:25am Aug 1, 2012 2:25am
Quoting stevepatt
Entered long with some momentum

Exit with 1.5R return at strong supply level.
Attached Image (click to enlarge)
Click to Enlarge Name: 1st Aug AU 15m Chart 2.jpg Size: 98 KB
  • #10,172
  • Aug 1, 2012 3:05am Aug 1, 2012 3:05am
This guys postings early in the thread helped me a lot.
http://www.forexfactory.com/attachme...6&d=1268078654 this is from page 26 of the forum
  • #10,173
  • Aug 1, 2012 3:23am Aug 1, 2012 3:23am
Long on GU after PB at S/R level

Jumped out for 2 pips when market stalled and major news out in 4 mins oops
Attached Image (click to enlarge)
Click to Enlarge Name: 1st Aug GU 15m Chart.jpg Size: 92 KB
  • #10,174
  • Aug 1, 2012 4:38am Aug 1, 2012 4:38am
Quoting stevepatt
Entered long with some momentum above 1.05000 RN
Hi Steve,
That's a nice Impulsive > Corrective > OB play
Look for reasons not to take a trade.
  • #10,175
  • Aug 2, 2012 2:43am Aug 2, 2012 2:43am
Entered long
Attached Image (click to enlarge)
Click to Enlarge Name: 2nd Aug EU 15m Chart.jpg Size: 101 KB
  • #10,176
  • Aug 2, 2012 3:08am Aug 2, 2012 3:08am
Quoting stevepatt
Entered long
Exited for 1 pip market moving too slow.

That's the good thing about an aggressive entry it usually gives you an opportunity to get out at BE if it doesn't take off.
  • #10,177
  • Aug 2, 2012 3:22am Aug 2, 2012 3:22am
GU short
Attached Image (click to enlarge)
Click to Enlarge Name: 2nd Aug GU 15m Chart.jpg Size: 86 KB
  • #10,178
  • Aug 2, 2012 3:32am Aug 2, 2012 3:32am
Quoting stevepatt
GU short
Note to self check for RED news before entering a trade. Out for 2 pips lucky.
  • #10,179
  • Edited 4:16am Aug 2, 2012 3:58am | Edited 4:16am
Entered short on GU again after RED news.

Check EU now.

Jumped out for a 5 pip loss, can't get in line with the market at the moment. At times like this better to take a break.
Attached Image (click to enlarge)
Click to Enlarge Name: 2nd Aug GU 15m Chart.jpg Size: 86 KB
  • #10,180
  • Aug 2, 2012 4:26am Aug 2, 2012 4:26am
Quoting stevepatt
Entered short on GU again after RED news.

Check EU now.

Jumped out for a 5 pip loss, can't get in line with the market at the moment. At times like this better to take a break.
I had this Aussie for a 6 pipper. Not real sure what is happening again tonight. The Pound is in a range of around 35 pips for past 10hrs. More new out soon in about 2 hrs.
Any comments on my setup ?
Cheers
Brian
Attached Image (click to enlarge)
Click to Enlarge Name: 6A 09-12 (15 Min) 2_08_2012.jpg Size: 119 KB
10 traders viewing now