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  • #421
  • Sep 19, 2012 10:53pm Sep 19, 2012 10:53pm
Quoting Davit
Agree I am short on Aussie at 4850

Since the price only went 5 pips past stopping me out @ 0490 it kind of smelled like a false break over the 120ma. So I went short @ 0483 w/ a 30 pip trail stop and TP @ 0400 as was w/ the original trade.

Now 45 pips in the black but still 30 from TP. P came within 3 pips of the bottom of the channel bottom and this candle seems to have lost it's steam. I'll close on a bullish candle this time, go long to the top of the range.

Ranges are just sideways trends...right?

Now it moving again pushing down the channel. Nice.
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Yeoman the "Tough Luck" Trader =p
  • #422
  • Sep 19, 2012 11:27pm Sep 19, 2012 11:27pm
Quoting Ramjet
Another worth watching..
The usual rules and starting to move below a strong Weekly S/R level..
If you were to look at this maybe wait till after Europe opens to see where it's at and to get some real activity in this pair..
Hi Adrian....

Once in a while we get to see momentum even on non-session time...

Yesterday i ended this trade on BE even after scoring 35+ Pips... but today i dint want to...

here is the first 35 Pips closed(Half Position), the other half is moving with BE.... hope this time it breaks the RN...
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  • #423
  • Sep 19, 2012 11:29pm Sep 19, 2012 11:29pm
Last candle closed very bearish so I've moved TP down to 0350. P has breach yesterdays low so hopefully it will follow through. Pulling back pretty hard at the moment though. Still have the 30 pip trail stop. And still ready to close and reverse on the right candle in the right place.
Yeoman the "Tough Luck" Trader =p
  • #424
  • Sep 19, 2012 11:35pm Sep 19, 2012 11:35pm
The bearish Flag showed the edge to enter here...

+25 now... with BE again the RN is holding the price....

Lets See, what happens next...

Cheers,
Saravana
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  • #425
  • Sep 19, 2012 11:37pm Sep 19, 2012 11:37pm
Hey Mr Saravana..

First name basis now, must be stepping up in the world, lol

Quoting FX-Pro
Hi Adrian....

Once in a while we get to see momentum even on non-session time...
Cheers, for pointing that out..I usually avoid those times as kept getting crappy results in my back testing with systems before..

Quote
Yesterday i ended this trade on BE even after scoring 35+ Pips... but today i dint want to...

here is the first 35 Pips closed(Half Position), the other half is moving with BE.... hope this time it breaks the RN...
Glad you pointed this out as I was trying for the pips like yourself but it kept coming back and stopping me out at BE where as I seen Take Profits but left them as they weren't in the range of 50pips like your self and was looking at taking profits at first trouble areas as seemed to reach them easily before coming back and stopping me out at BE's..

Cheers,
Adrian
  • #426
  • Sep 19, 2012 11:47pm Sep 19, 2012 11:47pm
Another lining up with system rules..
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  • #427
  • Sep 19, 2012 11:56pm Sep 19, 2012 11:56pm
Quoting Ramjet
Another lining up with system rules..
Wait don't go Long.Not yet.Support is about to break Down.
System no system one must pay attention to PA

Sudden bearish moves on US dollar pairs resulted from good news on dollar(look at FF calendar)
London may push Cable under 62 and Euro Under 30
In trading, you have to be defensive and aggressive at the same time
  • #428
  • Sep 19, 2012 11:58pm Sep 19, 2012 11:58pm
Quoting Ramjet
Hey Mr Saravana..

First name basis now, must be stepping up in the world, lol

Cheers, for pointing that out..I usually avoid those times as kept getting crappy results in my back testing with systems before..

Glad you pointed this out as I was trying for the pips like yourself but it kept coming back and stopping me out at BE where as I seen Take Profits but left them as they weren't in the range of 50pips like your self and was looking at taking profits at first trouble areas as seemed to reach them easily before coming back and stopping...
Guys,

i don't recommend this trade on E/U as its on a non-session time this will not happen always, but some time the Asian currencies influences E/U, which gave a trigger along with the momentum to enter.

Regards,
Saravana
  • #429
  • Sep 19, 2012 11:59pm Sep 19, 2012 11:59pm
Quoting Davit
Wait don't go Long.Not yet.Support is about to break Down.
System no system one must pay attention to PA
Morning D..

Have you been drinking? ...I was showing that as a short..
Are you seeing a PA Bar or just the momentum of price you class as PA as I'm not sure what your seeing in PA in this trade??
  • #430
  • Sep 20, 2012 12:04am Sep 20, 2012 12:04am
Placed Short Cable 6201 TP 6150
In trading, you have to be defensive and aggressive at the same time
  • #431
  • Sep 20, 2012 12:05am Sep 20, 2012 12:05am
Quoting Ramjet
Morning D..

Have you been drinking? ...I was showing that as a short..
Are you seeing a PA Bar or just the momentum of price you class as PA as I'm not sure what your seeing in PA in this trade??
haha I thought you wanted to go long.Good morning.
In trading, you have to be defensive and aggressive at the same time
  • #432
  • Sep 20, 2012 12:07am Sep 20, 2012 12:07am
Quoting FX-Pro
The bearish Flag showed the edge to enter here...

+25 now... with BE again the RN is holding the price....

Lets See, what happens next...

Cheers,
Saravana
Since i don't want to take another BE, here i closed another 30 Pips(First half) with A/U....

Cheers,
Saravana
  • #433
  • Sep 20, 2012 12:07am Sep 20, 2012 12:07am
Quoting Davit
haha I thought you wanted to go long.Good morning.
Hey where are u in the US of A??...Miami, LA or New York??
  • #434
  • Sep 20, 2012 12:08am Sep 20, 2012 12:08am
Quoting Ramjet
Hey where are u in the US of A??...Miami, LA or New York??
Boston
In trading, you have to be defensive and aggressive at the same time
  • #435
  • Sep 20, 2012 12:12am Sep 20, 2012 12:12am
Quoting Ramjet
Morning D..

Have you been drinking? ...I was showing that as a short..
Are you seeing a PA Bar or just the momentum of price you class as PA as I'm not sure what your seeing in PA in this trade??
  • #436
  • Sep 20, 2012 12:12am Sep 20, 2012 12:12am
Quoting Davit
Boston
Boston? oh ok sorry, no help to me then

My mate worked in Boston he loved it!!....
I so badly want to go to those places I mentioned..
Just one of my mad dreams of being a successful trader and trading while traveling around the US of A
  • #437
  • Sep 20, 2012 12:16am Sep 20, 2012 12:16am
Quoting Ramjet
Another lining up with system rules..
I had things to do and missed this beautiful short. 6215 would of been perfect.
No biggy still short from 6201 -14pips
In trading, you have to be defensive and aggressive at the same time
  • #438
  • Sep 20, 2012 12:26am Sep 20, 2012 12:26am
Quoting Davit
I had things to do and missed this beautiful short. 6215 would of been perfect.
No biggy still short from 6201 -14pips
Davit,

We are moving good on E/U... if the current bar closes below the RN we may look for adding positions....

your inputs are much appreciated to add positions....

You Have PM from me...

Cheers,
Saravana
  • #439
  • Sep 20, 2012 12:29am Sep 20, 2012 12:29am
Quoting Davit
I had things to do and missed this beautiful short. 6215 would of been perfect.
No biggy still short from 6201 -14pips
But now you should be around +10 pips . I stayed passive because it is too early for me to trade. London is still off.
  • #440
  • Sep 20, 2012 12:31am Sep 20, 2012 12:31am
Quoting FX-Pro
Davit,

We are moving good on E/U... if the current bar closes below the RN we may look for adding positions....

your inputs are much appreciated to add positions....

You Have PM from me...

Cheers,
Saravana
Wait to see how London reacts.
Got stopped out at 6295 my SL got hit. +6pips
In trading, you have to be defensive and aggressive at the same time
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