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''Trading Price II'' by PhAnti - have fun

  • #201
  • Sep 19, 2012 6:10am Sep 19, 2012 6:10am
not really an expert on divergence but after adding macd to the chart and using price action, could this be constituted as divergence? im in the trade regardless..and thinks this helps solidify my reasoning to go short on this pair (before it was the supply/demand areas and murray math)

any opinions welcome!
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  • #202
  • Sep 19, 2012 6:41am Sep 19, 2012 6:41am
strong breakout during Japan sesion.
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  • #203
  • Sep 19, 2012 7:37am Sep 19, 2012 7:37am
Quoting singth
not really an expert on divergence but after adding macd to the chart and using price action, could this be constituted as divergence? im in the trade regardless..and thinks this helps solidify my reasoning to go short on this pair (before it was the supply/demand areas and murray math)

any opinions welcome!
Yes, it is divergence. See http://www.babypips.com/school/high-...g-divergences/
Price comes first; fundamentals come second
  • #204
  • Sep 19, 2012 9:30am Sep 19, 2012 9:30am
thanks!
  • #205
  • Sep 19, 2012 11:49am Sep 19, 2012 11:49am
Quoting tybur0n
short on eu

Attachment
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pole retest , nice one
Hero calls followed by margin calls...
  • #206
  • Sep 19, 2012 11:50am Sep 19, 2012 11:50am
Quoting singth
not really an expert on divergence but after adding macd to the chart and using price action, could this be constituted as divergence? im in the trade regardless..and thinks this helps solidify my reasoning to go short on this pair (before it was the supply/demand areas and murray math)

any opinions welcome!
check the ebook for more info, if it isnt clear please ask

best,
Jonas
Hero calls followed by margin calls...
  • #207
  • Sep 19, 2012 11:52am Sep 19, 2012 11:52am
Quoting zordy
strong breakout during Japan sesion.
what made u buying there? What exactly was your entry confirmation ?
Hero calls followed by margin calls...
  • #208
  • Sep 19, 2012 12:19pm Sep 19, 2012 12:19pm
Quoting PhAnTi'
nice setup.
But dude, where the hel did you place your buy ?
I Placed buy right after pinbar candle is closed, but this pair have 10 spread,, ehehe,,
  • #209
  • Sep 20, 2012 4:11am Sep 20, 2012 4:11am
Just thought id post an update regarding this trade I got into on Monday...! target has been met! i was out most of yesterday ( which was abit careless seeing as though the psych level of 1.3000 did its job and managed to push price back up 60 points) however price has now moved all the way down to my blue demand box and price has stopped me out at my target level for a total of approximately 200 points!

Peace! x
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  • #210
  • Sep 20, 2012 4:18am Sep 20, 2012 4:18am
Update! (again)! First target met on this trade.. 101.563, price has now closed below the 5/8 level which means price could shoot to as low as the 100.000 major psych level, my main target area is 100.20 to be safe...and will be looking for buying opportunities when the price gets to 100.000 and fails and retests..

Peace! x
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  • #211
  • Sep 20, 2012 6:57am Sep 20, 2012 6:57am
eur/aud
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  • #212
  • Sep 20, 2012 2:38pm Sep 20, 2012 2:38pm
Hey Jonas,

Thank you again for the great e-book. I am voraciously consuming the contents as it should enhance my current trading system. I will endeavour to share my chart observations so you guys can correct me if I am wrong, until I master trading with supply and demand levels.

And by the way, do you plan setting up a Skype trading/chat room, where we can share live trades/ideas as they setup. Just a thought, and no problem if it's not in the works.

Many pips to all.

Shalom, and God bless

George
Low Risk Low Stress High Reward High Probability Trades
  • #213
  • Sep 21, 2012 3:33am Sep 21, 2012 3:33am
Hi Jonas,

I find the attached EU chart very interesting but no safe entry at all as price seem to have broken a supply level which it retested before turning South. I also find what seem like a bearish engulfing candle with divergence, coupled with what seem like a bearish flag, and all these would have made this a solid sell considering the confluences but we would be selling into another potential demand zone. Do I read this right??!! My first attempt after reading through the e-book.

Will be watching and learning!!

Cheers,

George
Attached Image (click to enlarge)
Click to Enlarge Name: eu sup dd setup1 - 9212012.jpg Size: 161 KB
Low Risk Low Stress High Reward High Probability Trades
  • #214
  • Sep 21, 2012 3:40am Sep 21, 2012 3:40am
Quoting 919gilead
Hi Jonas,

I find the attached EU chart very interesting but no safe entry at all as price seem to have broken a supply level which it retested before turning South. I also find what seem like a bearish engulfing candle with divergence, coupled with what seem like a bearish flag, and all these would have made this a solid sell considering the confluences but we would be selling into another potential demand zone. Do I read this right??!! My first attempt after reading through the e-book.

Will be watching and learning!!

Cheers,

George
That was a perfect short for me.tp at 85,
2,5% with 1% risk
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  • #215
  • Sep 21, 2012 3:48am Sep 21, 2012 3:48am
58 perfect long.but i am happy with my 2,5%.
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  • #216
  • Sep 21, 2012 3:55am Sep 21, 2012 3:55am
Quoting tybur0n
That was a perfect short for me.tp at 85,
2,5% with 1% risk
Attachment
Did you survive?

I would now be looking for a short with entry @ 3015; stop loss @ 3075 and profit target @ 2883 and 2931 if price turns at supply level, otherwise no trade.
Low Risk Low Stress High Reward High Probability Trades
  • #217
  • Sep 21, 2012 4:05am Sep 21, 2012 4:05am
Quoting 919gilead
Did you survive?

I would now be looking for a short with entry @ 3015; stop loss @ 3075 and profit target @ 2883 and 2931 if price turns at supply level, otherwise no trade.
of course.tp at 1.2959
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  • #218
  • Sep 21, 2012 4:16am Sep 21, 2012 4:16am
Quoting tybur0n
of course.tp at 1.2959
Attachment
Good job then. You chart is a bit too dark for me and couldn't see the entries
Low Risk Low Stress High Reward High Probability Trades
  • #219
  • Sep 21, 2012 6:17am Sep 21, 2012 6:17am
Hi All,

I've read the first book and can only say that I am so happy to have another book by someone intelligent... well done..

Would anyone be kind to email it to me ???

I can't access it at work and my phone says the file doesn't exist (it is in german I guess)...

Thanks in advance..
  • #220
  • Sep 21, 2012 10:25am Sep 21, 2012 10:25am
Just practicing and watching for a possible AUDJPY short!! The stop loss is too wide, therefore considering alternative stop above the bearish candle.

Correction or contribution welcomed as I'm still learning - learning to walk and run at the same time

Happy pipping

George
Attached Image (click to enlarge)
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Low Risk Low Stress High Reward High Probability Trades
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