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Simple Money Making Method

  • #441
  • Sep 20, 2012 12:33am Sep 20, 2012 12:33am
Entered Short again at 6198
In trading, you have to be defensive and aggressive at the same time
  • #442
  • Edited 1:17am Sep 20, 2012 12:48am | Edited 1:17am
Saravana

Here is the chart.In my opinion they are 2 targets
1. 200EMA if breaks goes straight to
1.2928

I would not add until PA breaks 200EMA support. Notice 2928 on the left.Very strong stop.I would add 1/2 position smaller between white and green lines.
Attached Image (click to enlarge)
Click to Enlarge Name: euro.gif Size: 26 KB
In trading, you have to be defensive and aggressive at the same time
  • #443
  • Sep 20, 2012 1:07am Sep 20, 2012 1:07am
Quoting Davit
Saravana

Here is the chart.In my opinion they are 2 targets
1. 200EMA if breaks goes straight to
2.2928

I would not add until PA breaks 200EMA support. Notice 2928 on the left.Very strong stop.I would add 1/2 position smaller between white and green lines.
Acknowledged!!

Cheers,
Saravana
  • #444
  • Sep 20, 2012 1:13am Sep 20, 2012 1:13am
Quoting FX-Pro
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...
Update

OK Locked 30 Pips & Moved the SL just above the previous red candle+ above the RN (Safe Zone)

Regards,
Saravana
Attached Image (click to enlarge)
Click to Enlarge Name: example.gif Size: 28 KB
  • #445
  • Sep 20, 2012 1:21am Sep 20, 2012 1:21am
Quoting FX-Pro
Update

OK Locked 30 Pips & Moved the SL just above the previous red candle+ above the RN (Safe Zone)

Regards,
Saravana
Good thread you have here my friend....keep it up
Let all the living things live blissfully
  • #446
  • Sep 20, 2012 1:26am Sep 20, 2012 1:26am
Quoting FX-Pro
Since i don't want to take another BE, here i closed another 30 Pips(First half) with A/U....

Cheers,
Saravana
Locked 25 Pips & moved SL just above the RN... the trade is moving at +45 Pis now

Cheers,
Saravana
Attached Image (click to enlarge)
Click to Enlarge Name: example.gif Size: 31 KB
  • #447
  • Sep 20, 2012 1:37am Sep 20, 2012 1:37am
Hey fx-pro, what am I supposed to see when I attach your round number indicator on my chart? When I attach it, nothing changes on my chart and so far, I haven't see anything extra.
  • #448
  • Sep 20, 2012 1:53am Sep 20, 2012 1:53am
Are you still in this trade Davit?

PA has now crossed back over the old R turned S now back to R. I've moved TP down to 0330 between two other trend lines and support zone from Sept. 10th & 11th. Trade is now +95. 30 point trail still following. I can see this going for 0300.
Yeoman the "Tough Luck" Trader =p
  • #449
  • Sep 20, 2012 1:56am Sep 20, 2012 1:56am
Hoo Ra!!! No more moderator lag.

Forgot to upload the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd mma entry 6.gif Size: 25 KB
Yeoman the "Tough Luck" Trader =p
  • #450
  • Sep 20, 2012 2:01am Sep 20, 2012 2:01am
I should say that 95+ is minus the 50 I was stopped out. My original entry was @ 0440.
Yeoman the "Tough Luck" Trader =p
  • #451
  • Sep 20, 2012 2:01am Sep 20, 2012 2:01am
Closed all my shorts. +65pips Euro and Cable
Right before London everyone dumping their positions.
In trading, you have to be defensive and aggressive at the same time
  • #452
  • Sep 20, 2012 2:05am Sep 20, 2012 2:05am
Quoting dotless
Hey fx-pro, what am I supposed to see when I attach your round number indicator on my chart? When I attach it, nothing changes on my chart and so far, I haven't see anything extra.
Hey dotless...

just make sure your chart background color & the indi color are opposite....

Let me know if you need more help on that...

Thanks,
Saravana
  • #453
  • Sep 20, 2012 2:06am Sep 20, 2012 2:06am
Quoting Yeoman
I should say that 95+ is minus the 50 I was stopped out. My original entry was @ 0440.
I had too much on my plate Euro and cable so ignored the Aussie.
Looks like a nice south highway.
There is always another trade waiting.Not greedy
In trading, you have to be defensive and aggressive at the same time
  • #454
  • Sep 20, 2012 2:07am Sep 20, 2012 2:07am
Quoting Yeoman
Probably throwing away another 10 pips but...I like having my SL behind the 120ma which may hold and give a chance to salvage some pips. If it gets back in profit I have a 3.5 pip trailing stop in place to keep it there. I see my mistakes being not closing and reversing on the bullish candles sitting right on top of the two R turned S lines.


But it is true that this was not a great short entry as time has proven.

Time now says that that entry wasn't so bad after all!!!
Yeoman the "Tough Luck" Trader =p
  • #455
  • Sep 20, 2012 2:10am Sep 20, 2012 2:10am
Quoting FX-Pro
Update

OK Locked 30 Pips & Moved the SL just above the previous red candle+ above the RN (Safe Zone)

Regards,
Saravana
UpDate-

Guys... getting close to the support.... time to watch... +95 Pips now...

Regards,
Saravana
Attached Image (click to enlarge)
Click to Enlarge Name: example.gif Size: 30 KB
  • #456
  • Sep 20, 2012 2:18am Sep 20, 2012 2:18am
Quoting FX-Pro
UpDate-

Guys... getting close to the support.... time to watch... +95 Pips now...

Regards,
Saravana
Congrats!!
In trading, you have to be defensive and aggressive at the same time
  • #457
  • Sep 20, 2012 2:18am Sep 20, 2012 2:18am
+65 on A/U

on the mini support again....

lets try to manage this in best possible way...

Regards,
Saravana
Attached Image (click to enlarge)
Click to Enlarge Name: example.gif Size: 32 KB
  • #458
  • Sep 20, 2012 2:21am Sep 20, 2012 2:21am
Hey Ramjet I hope you made some Pips
How you doing?
Update on your trades pl
In trading, you have to be defensive and aggressive at the same time
  • #459
  • Sep 20, 2012 2:30am Sep 20, 2012 2:30am
Quoting Davit
Hey Ramjet I hope you made some Pips
How you doing?
Update on your trades pl
Hey D..

made about 35 on the Gbp/Usd..plus took a shot at the Euro for 40..bit of a cruisy day today with these currencies, they're all being nice
didn't trade any more as doing some testing seeing the power of that 150ema over the 200ema you mentioned got me bamboozled which one I prefer, lol

Davit I was wondering how long have you been using the 200ema and have you used the 150ema before?
  • #460
  • Sep 20, 2012 2:34am Sep 20, 2012 2:34am
Quoting Ramjet
Hey D..

only made about 35 on the Gbp/Usd..plus took a shot at the Euro for 40..bit of a cruisy day today with these currencies, they're all being nice
didn't trade any more as doing some testing seeing the power of that 150ema over the 200ema you mentioned got me bamboozled which one I prefer, lol

Davit I was wondering how long have you been using the 200ema and have you used the 150ema before?
I hope you closed your shorts.
75+pips is sweet
Congrats
I use 200EMA as a S/R reference.Just happens lot of S/R levels match with 200EMA.
I put greater importance on S/R levels.Market has memory don't forget that.Everyone is looking at the same S/R levels.
In trading, you have to be defensive and aggressive at the same time
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