Simple Money Making Method | Page 77 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

Making Money is Extremely Simple 38 replies

bo7a method... method for GBP/JPY 205 replies

Making an EA: "Simple Method of Scalping any pair by Imran Sait" 82 replies

Simple trading method 49 replies

Attachments: Simple Money Making Method
Exit Attachments

Simple Money Making Method

  • #1,521
  • Oct 25, 2012 10:33am Oct 25, 2012 10:33am
closed my 3x AU short +78pips
In trading, you have to be defensive and aggressive at the same time
  • #1,522
  • Oct 25, 2012 10:38am Oct 25, 2012 10:38am
Quoting Ciara
Long. Chart below.
Late entry, but Going positive...

Keep it up...

FX-Pro
  • #1,523
  • Oct 25, 2012 10:43am Oct 25, 2012 10:43am
Quoting Davit
closed my 3x AU short +78pips
  • #1,524
  • Oct 25, 2012 10:46am Oct 25, 2012 10:46am
Quoting fugio
Thank you!
Yes it is!, a little slow for my taste, but we still in!
You may get a pull back now, better if you close your first half position...

Good luck to you
FX-Pro
  • #1,525
  • Oct 25, 2012 10:56am Oct 25, 2012 10:56am
Quoting Ciara
Long. Chart below.
I actually entered long on this pair on the close of the first 1hr candle above the PAC at 9316. This pair seems to be heading down though.. on higher timeframes. IŽll try to BE at 9343
  • #1,526
  • Oct 25, 2012 2:57pm Oct 25, 2012 2:57pm
AAPL report pending.. let's see...
Attached Image (click to enlarge)
Click to Enlarge Name: 20121025aapl.jpg Size: 119 KB
Ideas shape the course of history
  • #1,527
  • Oct 25, 2012 3:52pm Oct 25, 2012 3:52pm
Quoting Ciara
AAPL report pending.. let's see...

ROFL...
Ideas shape the course of history
  • #1,528
  • Oct 25, 2012 4:19pm Oct 25, 2012 4:19pm
Quoting diver78
I actually entered long on this pair on the close of the first 1hr candle above the PAC at 9316. This pair seems to be heading down though.. on higher timeframes. IŽll try to BE at 9343
nice dive, man!

I'm out now on tagging the resistance line +32pips..mojito time..
Attached Image (click to enlarge)
Click to Enlarge Name: 20121025USDCHF1.jpg Size: 108 KB
Ideas shape the course of history
  • #1,529
  • Oct 25, 2012 4:30pm Oct 25, 2012 4:30pm
Chart below.. short #2..// its a wild animal

Nasdaq December Futures Chart
Attached Image (click to enlarge)
Click to Enlarge Name: 20121025NQZ12.jpg Size: 105 KB
Ideas shape the course of history
  • #1,530
  • Oct 25, 2012 4:36pm Oct 25, 2012 4:36pm
What charting platform are you using to get both forex & futures?
  • #1,531
  • Oct 25, 2012 4:47pm Oct 25, 2012 4:47pm
Using Saxotrader. http://dk.saxobank.com/ Not meant to advertise!! There are many other providers too.

Warning:
Futures trading is risky and can cause substantial financial loss. If u dont have the spare money to lose, dont trade these.

But there is a demo mode possible too.

Posting futures charts here to show, that SM3 method is working almost everywhere (on every liquid and efficient market).

Regards, Ciara
Ideas shape the course of history
  • #1,532
  • Oct 25, 2012 7:47pm Oct 25, 2012 7:47pm
I am looking at 2 scenarios in Aussie for the next session:

1. If price bounce off the 72MA I will buy break of 1.0367 with 1.0331 as stop loss and target retest of the prior high at 1.0410 and should price continue higher, I will switch to the H4 TF to look for the next supply level as possible target.

2. In the alternative, if price breaks the 200MA on the M15 TF, then I will reverse option 1 to sell break of 1.0331 with stop at 1.0367. 1st take profit at 1.0269 if 1.0300 is broken and 2nd take profit at 1.0234 (the low from Oct 23, shown on the H1 chart)

My personal thoughts and trading plan for the next session.

Cheers, and God bless

George
Attached Image(s) (click to enlarge)
Click to Enlarge Name: au trade setup2 - 10252012.jpg Size: 193 KB
Click to Enlarge Name: au trade setup1 - 10252012.jpg Size: 181 KB
Low Risk Low Stress High Reward High Probability Trades
  • #1,533
  • Oct 25, 2012 10:34pm Oct 25, 2012 10:34pm
Quoting FX-Pro
Closed the first half with 1:1 I.e.. +20 Pips, moving on with the other half with BE...

Cheers,
FX-Pro
the other half closed for 38 pips...
  • #1,534
  • Oct 26, 2012 12:10am Oct 26, 2012 12:10am
Hi Sarvana and the gang here

Just food for thought
Fridays are usually either sell off or buy.I suspect tonight sell off.
I am short on GU.
What I am saying is if dollars pairs are dropping like EU GU AU then you don't need a "signal" set up to join the party.
Usually traders don't like open positions in the weekend so positions gets liquidated.
Wait to confirm the sell off scenario then make your own decision
In trading, you have to be defensive and aggressive at the same time
  • #1,535
  • Oct 26, 2012 1:06am Oct 26, 2012 1:06am
Quoting Davit
Hi Sarvana and the gang here

Just food for thought
Fridays are usually either sell off or buy.I suspect tonight sell off.
I am short on GU.
What I am saying is if dollars pairs are dropping like EU GU AU then you don't need a "signal" set up to join the party.
Usually traders don't like open positions in the weekend so positions gets liquidated.
Wait to confirm the sell off scenario then make your own decision

dear,
gold, silver and eu at double bottom /resistance zone?
  • #1,536
  • Oct 26, 2012 1:11am Oct 26, 2012 1:11am
My thought process on tonight GU short
Notice 38.2 Fib crosses 200EMA and 72EMA at 6055 If PA breaks we could go all the way to 60 which is my TP at 61.8 important Fib.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 26 KB
In trading, you have to be defensive and aggressive at the same time
  • #1,537
  • Edited 1:30am Oct 26, 2012 1:15am | Edited 1:30am
Quoting newride
dear,
gold, silver and eu at double bottom /resistance zone?
I think personally Euro is oversold or closer to its bottom however GU is grossly inflated and has lot of room to deflate.
Technically 1.29 Euro should be in sink with 1.59 GU
we had 1.61 GU and 1.29 EU .....

Matter of time before the wall breaks at 61 I suspect before London
In trading, you have to be defensive and aggressive at the same time
  • #1,538
  • Oct 26, 2012 1:32am Oct 26, 2012 1:32am
Quoting Davit
I think personally Euro is oversold or closer to its bottom however GU is grossly inflated and has lot of room to deflate.
Technically 1.29 Euro should be in sink with 1.59 GU
we had 1.61 GU and 1.29 EU .....

Matter of time before the wall breaks at 61 I suspect before London
What if GU stays because gdp growth is 1% and they are considering UK out of recession now the reason why it ddnt drop with EU. and euro bounce back and be in sink with GU. Just a thought.
  • #1,539
  • Oct 26, 2012 1:36am Oct 26, 2012 1:36am
Quoting newride
What if GU stays because gdp growth is 1% and they are considering UK out of recession now the reason why it ddnt drop with EU. and euro bounce back and be in sink with GU. Just a thought.
It could be exactly that as well however sentiment is bearish and this is Fri.
I think in probabilities.Which scenario is more likely to happen?
We had great numbers today on USD Thurs morning and not much happened.I suspect sellers are waiting for Fri weekend sell off.
Having said above of course I could be wrong after all we are speculating...
In trading, you have to be defensive and aggressive at the same time
  • #1,540
  • Oct 26, 2012 2:51am Oct 26, 2012 2:51am
Quoting Davit
It could be exactly that as well however sentiment is bearish and this is Fri.
I think in probabilities.Which scenario is more likely to happen?
We had great numbers today on USD Thurs morning and not much happened.I suspect sellers are waiting for Fri weekend sell off.
Having said above of course I could be wrong after all we are speculating...
It seems that is the case here. as GU failed to break down on its on. Its moving with EU. But fair chance of sell of in GU the only thing stopping is GDP growth in UK
0 traders viewing now