Bounce 'N' Break | Page 12 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Looking for L > Break High Break Low Indicator 1 reply

trendline break/bounce trade System - 1 to 3 RRR 13 replies

Daily Break and bounce - line in the sand 9 replies

looking Break&Bounce indicator 4 replies

A break below - A Break Above Question 1 reply

Attachments: Bounce 'N' Break
Exit Attachments

Bounce 'N' Break

  • #221
  • Aug 1, 2012 3:50am Aug 1, 2012 3:50am
Well done ROOI,

By good experience do you mean not wobbling after losing first trade ?

I had correct direction just missed out on a couple of pips on my STOP(that was annoying).

Could of had more on the drop, but news can do anything so take positive pips why you can.

Quoting Rooi
EU short
-17
-24
+9

GU short
+0
+16

-16 so far

CLOSED BEFORE GBP NEWS

Not a great start to the morning,but not the worst ive had.lol

Looking for some more after the news spikes end.

Well done DayBoy,showing some good experience again

ROOI:nerd:
  • #222
  • Aug 1, 2012 3:51am Aug 1, 2012 3:51am
obviously it is an old post as mentioned but looks like a good trade now


Quoting 5percent
it's pretty danger to long this GBP now, given a throw down on poor PMI.

i didn't follow your earlier sell, but good foresight again, like your intra-day scalping,
  • #223
  • Aug 1, 2012 3:52am Aug 1, 2012 3:52am
Short

eur @ 1.2313
gbp @ 1.5647
  • #224
  • Aug 1, 2012 3:55am Aug 1, 2012 3:55am
Quoting Dayboy001
That post you are quoting is...

Jul 12, 2011 7:49am

I am flat
lol guess i was reading the wrong section haha. ok keep it up.
  • #225
  • Aug 1, 2012 4:21am Aug 1, 2012 4:21am
Quoting Dayboy001
Well done ROOI,

By good experience do you mean not wobbling after losing first trade ?
Yes.And the the confidence to just get in to the second trade within a couple of bars an correction.trust in yourself and your decisions get a lot better as time goes on I suppose.I like the way you make the fast/correct move

ROOI:nerd:
We miss 100% of the shots we don't take
  • #226
  • Aug 1, 2012 4:28am Aug 1, 2012 4:28am
Quoting Dayboy001
Short

eur @ 1.2313
gbp @ 1.5647
closed all

eur @ 1.2309 + 4
gbp @ 1.5630 + 17

Total so far = = 28 + 21 = 49
  • #227
  • Aug 1, 2012 4:39am Aug 1, 2012 4:39am
EUR/USD @2311 +5

Nice start
Nil Desperandum Illegitimi Carborundum
  • #228
  • Aug 1, 2012 4:44am Aug 1, 2012 4:44am
Quoting Rooi
EU short
-17
-24
+9

GU short
+0
+16

-16 so far
EU short +6
GU short +12

-16 +18
=+2 going into the afternoon

ROOI:nerd:
We miss 100% of the shots we don't take
  • #229
  • Aug 1, 2012 4:48am Aug 1, 2012 4:48am
Quoting Rooi

WANTED TO ASK.I read you some time refer to LONDON PUSH.do you mind later when your are done trading towards the afternoon tell me your thoughts on that?

ROOI:nerd:
London push( pump and dump)

In my opinion the move around 8am UK time is generally a fake, Big traders (the ones who work in London start work, they look to move price to get better entry so they pump price one direction, to maybe take out daily high or other significant number. This triggers lots of orders in that direction, take today for example, pumped up above previous high everybody starts going long. once they have caught enough they dump there own trades +20-30 pips(depends on move) then take a position in the other direction.

This doesn't always happen, sometimes the pump is so successful that everyone stays in and they push higher (or lower).

That is why you need good SL, mine was off today by about 3 pips.

hope this helps

G/L
  • #230
  • Aug 1, 2012 4:52am Aug 1, 2012 4:52am
GBP and EUR out of sync at the moment so I am flat.
  • #231
  • Aug 1, 2012 5:03am Aug 1, 2012 5:03am
Quoting Dayboy001
London push( pump and dump)

In my opinion the move around 8am UK time is generally a fake, Big traders (the ones who work in London start work, they look to move price to get better entry so they pump price one direction, to maybe take out daily high or other significant number. This triggers lots of orders in that direction, take today for example, pumped up above previous high everybody starts going long. once they have caught enough they dump there own trades +20-30 pips(depends on move) then take a position in the other direction.

This...
Yip.I see now.Your help and views on the market movement is noted and will try identifying as it happens in future.

THANKS

ROOI:nerd:
We miss 100% of the shots we don't take
  • #232
  • Aug 1, 2012 6:31am Aug 1, 2012 6:31am
Buy EUR/USD 1.2305
Nil Desperandum Illegitimi Carborundum
  • #233
  • Aug 1, 2012 6:41am Aug 1, 2012 6:41am
Quoting rasc00
Buy EUR/USD 1.2305
Closed 1.2313 +8
Nil Desperandum Illegitimi Carborundum
  • #234
  • Aug 1, 2012 6:42am Aug 1, 2012 6:42am
Quoting rasc00
Buy EUR/USD 1.2305
Just got back from lunch,

looks like a good call,

I would have had GBP @ around 1.5626 as well.

G/L

  • #235
  • Aug 1, 2012 7:17am Aug 1, 2012 7:17am
Short EUR/USD 1.2295
Nil Desperandum Illegitimi Carborundum
  • #236
  • Aug 1, 2012 7:28am Aug 1, 2012 7:28am
long @

EUR 1.2297
GBP 1.5618
___________
  • #237
  • Aug 1, 2012 7:34am Aug 1, 2012 7:34am
Quoting rasc00
Short EUR/USD 1.2295
one of us will be happy !!
  • #238
  • Aug 1, 2012 7:36am Aug 1, 2012 7:36am
Quoting Dayboy001
one of us will be happy !!
Nil Desperandum Illegitimi Carborundum
  • #239
  • Aug 1, 2012 7:54am Aug 1, 2012 7:54am
Quoting Dayboy001
long @

EUR 1.2297
GBP 1.5618
___________
Closed @

EUR +10
GBP + 15
  • #240
  • Aug 1, 2012 8:01am Aug 1, 2012 8:01am
Quoting rasc00
Short EUR/USD 1.2295
are you still in ?
1 trader viewing now