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

  • #361
  • Nov 4, 2012 11:31am Nov 4, 2012 11:31am
what makes u think the price would go up
just asking?
  • #362
  • Nov 4, 2012 11:54am Nov 4, 2012 11:54am
Quoting cku
what makes u think the price would go up
just asking?
Hi Cku..

thanks for asking...

the momentum up and break (the one that in circle) is trying to reach above fresh supply, also 3 candle on TF D1 are pinbar + doji + power candle,, by looking those candles, in my opinion the trend is up or at least to reach fresh supply
on TF H4, let see whether the Gap down to 9700 (round number) or maybe Gap on monday is Up... thats why I just "wait and see" and react what price and candle show in chart...

cheers
Faldot
  • #363
  • Nov 4, 2012 1:04pm Nov 4, 2012 1:04pm
Quoting Faldot
Hi All...

Glad this thread is back.... Im so happy and excited again...

my trade plan... wait and see for the price and trigger...

any critics and advices are welcome..

http://s14.postimage.org/3ku9tx90h/trial_error11.jpg
nice areas.
Strong uptrend intact = we search for a long trade. Retest of breakout level would give us nice odds, but remember : dont enter before we have some certain bullish price action and confirmation.

best,
Jonas
Hero calls followed by margin calls...
  • #364
  • Nov 5, 2012 3:19am Nov 5, 2012 3:19am
Quoting Chanya
What is the break in the chart of ? I dont understand ...
Hi Chanya,

I don't understanding your question, and would be glad to response if you can expatiate further.

Thanks

George
Low Risk Low Stress High Reward High Probability Trades
  • #365
  • Edited 7:04am Nov 5, 2012 6:29am | Edited 7:04am
I have a friend who suggest a position like this.

according to Jonas' book.

this is risky to buy, because it's a downtrend, thus, we better wait the price to flip?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: FF-GBPUSD-00002.jpg Size: 82 KB
  • #366
  • Nov 5, 2012 9:22am Nov 5, 2012 9:22am
Quoting laoshi
I have a friend who suggest a position like this.

according to Jonas' book.

this is risky to buy, because it's a downtrend, thus, we better wait the price to flip?
Hello Laoshi,

What is the basis of your limit order to buy the Cable? Remember nobody can accurately predict what the market will do. We all anticipate the likely direction of the market based on demand and supply level but we still need confirmation. I am therefore wondering why you want to buy without any confirmation of price reversing to the upside. Maybe you have some bags of tricks you want to share with us.

Cheers, and good trading

George
Low Risk Low Stress High Reward High Probability Trades
  • #367
  • Nov 5, 2012 11:05am Nov 5, 2012 11:05am
Quoting PhAnTi'
nice areas.
Strong uptrend intact = we search for a long trade. Retest of breakout level would give us nice odds, but remember : dont enter before we have some certain bullish price action and confirmation.

best,
Jonas
thanks alot for your advice Jonas...

another Position,, Long EURGBP... please advice and critics

http://s12.postimage.org/ymh7jwli5/trial_error12.jpg
  • #368
  • Nov 5, 2012 12:21pm Nov 5, 2012 12:21pm
Quoting Faldot
thanks alot for your advice Jonas...

another Position,, Long EURGBP... please advice and critics

http://s12.postimage.org/ymh7jwli5/trial_error12.jpg
I have no issues with this position short term. Long term I believe we might retest 77xx area
If you think you can or cannot do it you are correct
  • #369
  • Nov 6, 2012 10:43pm Nov 6, 2012 10:43pm
Quoting Faldot
Hi All...

Glad this thread is back.... Im so happy and excited again...

my trade plan... wait and see for the price and trigger...

any critics and advices are welcome..

http://s14.postimage.org/3ku9tx90h/trial_error11.jpg

hi Faldot, I'm watching your chart
  • #370
  • Nov 7, 2012 4:06am Nov 7, 2012 4:06am
Quoting laoshi
this looks like in the Jonas' text book page 15.

but hit SL @1.2750

my questions are:
what was wrong?
my positions?
my SL?


thank you
laoshi this is the thing you should do.
Attached Image (click to enlarge)
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  • #371
  • Nov 7, 2012 4:08am Nov 7, 2012 4:08am
Quoting P.Action
laoshi this is the thing you should do.
Attachment

waow, thanx
  • #372
  • Nov 7, 2012 4:11am Nov 7, 2012 4:11am
any thoughts about this one?

short?
Attached Image (click to enlarge)
Click to Enlarge Name: FF-AUDUSD-00001.jpg Size: 94 KB
  • #373
  • Nov 7, 2012 4:25am Nov 7, 2012 4:25am
Quoting laoshi
any thoughts about this one?

short?

where is support and resistance level? this is like first example.
  • #374
  • Nov 7, 2012 4:29am Nov 7, 2012 4:29am
Quoting P.Action
where is support and resistance level? this is like first example.

is it like this?
Attached Image (click to enlarge)
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  • #375
  • Nov 7, 2012 5:06am Nov 7, 2012 5:06am



Buy On first retest,, and it worked


http://s15.postimage.org/4kfxnv1l7/trial_error17.jpg
  • #376
  • Nov 7, 2012 5:08am Nov 7, 2012 5:08am
Quoting Faldot

Buy On first retest,, and it worked


http://s15.postimage.org/4kfxnv1l7/trial_error17.jpg

thank you
  • #377
  • Nov 7, 2012 5:08am Nov 7, 2012 5:08am
Quoting laoshi
is it like this?

this is what i see. good luck.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: audusd1.jpg Size: 155 KB
  • #378
  • Edited 5:47am Nov 7, 2012 5:10am | Edited 5:47am
Quoting P.Action

this is what i see. good luck.

Attachment

Attachment

waow... i really need to look at your chart over and over again.

yes, Jonas told us to long on bullish than to short
  • #379
  • Nov 7, 2012 6:51am Nov 7, 2012 6:51am
Quoting P.Action

this is what i see. good luck.

Attachment

Attachment
thanks P.Action... my long AU already hit SL+1... only got 1 pip,, hahaha,, (at least still propit)... need more hard work and practice..
  • #380
  • Nov 7, 2012 9:40am Nov 7, 2012 9:40am
Quoting Faldot



Buy On first retest,, and it worked


http://s15.postimage.org/4kfxnv1l7/trial_error17.jpg
actually good line,but please let me give you my opinion in this very certain trade.

You bought in a bullish trend at the retest of the pole level.
Fine, good job !

But please check out your stop and target, whats your r:r here ? theres a supply level right above your long entry, means you bought straight into supply...we need to avoid such trades to increase our overall profit.

Nothing offensiver here buddy, just a hint....
best,
Jonas
Hero calls followed by margin calls...
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