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Simple Money Making Method

  • #781
  • Sep 27, 2012 4:04am Sep 27, 2012 4:04am
Quoting tsipouro
Well, now they don't. So, patience is all I have to do.
Good stuff T!
Yes patience can be a pain! lol
  • #782
  • Sep 27, 2012 4:10am Sep 27, 2012 4:10am
Guys... Patience... No Trade for now...

As i always say staying out of the market is also a trade...(Avoids bad trade)

Again you guys have to make your own discretion for every trade.... remember that we are here to learn/share ideas...

Good luck to all
FX-Pro
  • #783
  • Sep 27, 2012 4:23am Sep 27, 2012 4:23am
Quoting FX-Pro
Guys... Patience... No Trade for now...

As i always say staying out of the market is also a trade...(Avoids bad trade)

Again you guys have to make your own discretion for every trade.... remember that we are here to learn/share ideas...

Good luck to all
FX-Pro
what are you looking out for?
  • #784
  • Sep 27, 2012 4:34am Sep 27, 2012 4:34am
Guys don't short the Aussie now.Good Chinese data.
Asian Stocks Rise on China Stimulus Measures Prospects
In trading, you have to be defensive and aggressive at the same time
  • #785
  • Sep 27, 2012 4:44am Sep 27, 2012 4:44am
Quoting Mr.Deghayes
what are you looking out for?
Nothing specific, i just don't like the way its moving at the moment.... if you look at E/U & G/U they are moving just opposite... did you see that...
  • #786
  • Sep 27, 2012 4:48am Sep 27, 2012 4:48am
yeah true thanks for the headsup
  • #787
  • Sep 27, 2012 4:49am Sep 27, 2012 4:49am
Quoting FX-Pro
Guys... Patience... No Trade for now...

As i always say staying out of the market is also a trade...(Avoids bad trade)

Again you guys have to make your own discretion for every trade.... remember that we are here to learn/share ideas...

Good luck to all
FX-Pro
Hi fx. Just to clarify with what others are posting here about conditions being met. Does the entry candle have to be a single candle that rejects the 72 and closed above/ below the 12?. some are sayong the rejection has happened and now are waiting for another candle to close below the 12 . Is this just a deviation from the plan. Thanks for the thread by the way.
  • #788
  • Sep 27, 2012 4:59am Sep 27, 2012 4:59am
I have to read more and trade less - the gbp/$ hit the 35 pip SL & the $/C is nearing SL. My week continues!
  • #789
  • Sep 27, 2012 5:00am Sep 27, 2012 5:00am
Nah, no more AU shorts for today , I think!
  • #790
  • Sep 27, 2012 5:05am Sep 27, 2012 5:05am
Quoting airgead
Hi fx. Just to clarify with what others are posting here about conditions being met. Does the entry candle have to be a single candle that rejects the 72 and closed above/ below the 12?. some are sayong the rejection has happened and now are waiting for another candle to close below the 12 . Is this just a deviation from the plan. Thanks for the thread by the way.
Yes you are right.... i look for a single bar rejecting 72EMA & close below/above 12EMA....

if you see any deviation from this method... it just means that, they didn't read the first post of this thread properly.

What is basically a single candle rejection means, its the power/strength of the bounce/reject.... from the main trend which is an important aspect to enter a trade....

so please stick to the ground rules....

Thanks,
FX-Pro
  • #791
  • Sep 27, 2012 5:22am Sep 27, 2012 5:22am
Quoting FX-Pro
Yes you are right.... i look for a single bar rejecting 72EMA & close below/above 12EMA....

if you see any deviation from this method... it just means that, they didn't read the first post of this thread properly.

What is basically a single candle rejection means, its the power/strength of the bounce/reject.... from the main trend which is an important aspect to enter a trade....

so please stick to the ground rules....

Thanks,
FX-Pro
Can u please clarify.. is this a valid bounce in GU 4hrs chart
Attached Image (click to enlarge)
Click to Enlarge Name: gu.JPG Size: 62 KB
Forex Learner
  • #792
  • Sep 27, 2012 5:23am Sep 27, 2012 5:23am
Quoting rkr81
Can u please clarify.. is this a valid bounce in GU 4hrs chart
Nope!!
  • #793
  • Sep 27, 2012 5:27am Sep 27, 2012 5:27am
Quoting FX-Pro
Nope!!

Please post your previous trade entry screen shots
Forex Learner
  • #794
  • Sep 27, 2012 5:31am Sep 27, 2012 5:31am
Quoting rkr81
Can u please clarify.. is this a valid bounce in GU 4hrs chart
system is based on 1hr entry not 4hr....
In trading, you have to be defensive and aggressive at the same time
  • #795
  • Sep 27, 2012 5:43am Sep 27, 2012 5:43am
Quoting rkr81
Please post your previous trade entry screen shots
http://www.forexfactory.com/showthre...383941&page=29
  • #796
  • Sep 27, 2012 5:49am Sep 27, 2012 5:49am
Quoting FX-Pro
Yes you are right.... i look for a single bar rejecting 72EMA & close below/above 12EMA....

if you see any deviation from this method... it just means that, they didn't read the first post of this thread properly.

What is basically a single candle rejection means, its the power/strength of the bounce/reject.... from the main trend which is an important aspect to enter a trade....

so please stick to the ground rules....

Thanks,
FX-Pro
Thanks, I needed that (seriously)
  • #797
  • Sep 27, 2012 5:50am Sep 27, 2012 5:50am
Thanks a lot.. Are you from coimbatore
Forex Learner
  • #798
  • Sep 27, 2012 6:16am Sep 27, 2012 6:16am
Hi Guys,

I would go long for AUDUSD and short for EURUSD, However i'm not 100% sure of that So i will follow Fx-pro advice "staying out of the market is also a trade" for today
  • #799
  • Sep 27, 2012 6:20am Sep 27, 2012 6:20am
Quoting fahadkw
Hi Guys,

I would go long for AUDUSD and short for EURUSD, However i'm not 100% sure of that So i will follow Fx-pro advice "staying out of the market is also a trade" for today
Good for you...
  • #800
  • Sep 27, 2012 6:21am Sep 27, 2012 6:21am
Quoting rkr81
Thanks a lot.. Are you from coimbatore
Nope...!
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