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Attachments: My trades by Dave
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My trades by Dave

  • #1,201
  • May 29, 2006 9:59pm May 29, 2006 9:59pm
Quoting raczekfx
Well said, however we can talk about experience when you have 20 years of tranding under your belt, not when you're 20..

Shhhh none of that please.


very unnessasary
  • #1,202
  • May 29, 2006 10:03pm May 29, 2006 10:03pm
Quoting xxDavidxSxx
Price is moving up tward the middle daily bolli band. wich falls just below 1.2800.

this order is pending a failer at or near 1.2800.
s/l is pending reverse signal on failer.

I'll post if entry is taken or not.
And there is good resistance at 1.2780 with the 89 ema and 199 ema. So price might not make it to the daily middle bolli.

Short entry 1.2785/87

s/l 1.2815

1st target 1.2750

2nd 1.2700

3rd 1.2650

Dave

edit middle daily bolli at 1.2787 ( price lable got in the way of seeing the price where bolli is.).....entry changed
Not taking any entry tonight.

Just consider this entry post as a possible direction.

Dave
  • #1,203
  • May 29, 2006 10:15pm May 29, 2006 10:15pm
hey Dave, no shhh is necessary,
It was just a general comment, not directed at fxvision or anyone in particular.
I must’ve phrased it wrong. What I meant is, that using a certain system or technique doesn’t necessary relate to experience.

Good trading to all.


Quoting xxDavidxSxx
Shhhh none of that please.

very unnessasary
  • #1,204
  • May 29, 2006 11:23pm May 29, 2006 11:23pm
Quoting raczekfx
hey Dave, no shhh is necessary,
It was just a general comment, not directed at fxvision or anyone in particular.
I must’ve phrased it wrong. What I meant is, that using a certain system or technique doesn’t necessary relate to experience.

Good trading to all.
ahh ok it sounded like a negative comment about his age or my age or something.

It didn't sound like you, I was wondering, thats why I didn't add any other comments.

Thanks for clarifying my appoligies

Dave
  • #1,205
  • May 30, 2006 9:48am May 30, 2006 9:48am
short 1.2897

s/l 1.2915

target open

Dave
  • #1,206
  • May 30, 2006 10:27am May 30, 2006 10:27am
Quoting xxDavidxSxx
short 1.2897

s/l 1.2915

target open

Dave

exit 1.2885

+ 12 pips
  • #1,207
  • May 30, 2006 10:29am May 30, 2006 10:29am
Quoting xxDavidxSxx
exit 1.2885

+ 12 pips
That trade was off a 1and 5 min chart so the higher time frames need to have the averages catch up befor this goes further.

I am posting the entry chart now

Dave

edit and if the price continues down immediatly than its ok because I'd rather be safe than sorry......(thats the trick to trading 1,5 min charts with out a signal on a higher time frame.)
  • #1,208
  • Edited 10:47am May 30, 2006 10:39am | Edited 10:47am
I entered after retest of high. Target was middle bolli band.

Price was finding support there so I exited.


http://img129.imageshack.us/img129/6...iff26bk.th.jpg


http://img111.imageshack.us/img111/4...done0da.th.jpg


edit: notice the closeoutside the top bolli band, and then a faier to make new high on retest( close inside top bolli.) .....I entered on first candle to close below the 8 ema. Then wach closely for the 4,8 ema to cross for confirmation.

Once again trade never went against me. Directly into profits. A close above the 8 ema and next candle break above the last would have signaled me to exit trade befor going against me. at most I'd have lost the spread +1-2 pips

now we can wait for the same set up to happen on a higher time frame. starting with the 30 min. then 1 hr.
  • #1,209
  • May 30, 2006 2:31pm May 30, 2006 2:31pm
Hi Dave,

hope you don't mind me bothering you with this stuff. I've attached a chart with wave counts. Still trying to get the hang of this.

Wave 4 seems to be too long for me. Isn't it suppose to be the shortest one? Or am I confusing it with "wave 3 cannot be the shortest one". If Wave 2 is not taken out, and 1.8707 is broken, then I take it that wave 4 is in place, right?

Thanx
Habeeb
Attached Image
Keeping it Simple
  • #1,210
  • May 30, 2006 2:45pm May 30, 2006 2:45pm
Quoting habeeb
Hi Dave,

hope you don't mind me bothering you with this stuff. I've attached a chart with wave counts. Still trying to get the hang of this.

Wave 4 seems to be too long for me. Isn't it suppose to be the shortest one? Or am I confusing it with "wave 3 cannot be the shortest one". If Wave 2 is not taken out, and 1.8707 is broken, then I take it that wave 4 is in place, right?

Thanx
Habeeb
The price here is in a big a,b,c sideways correction.

wave 1= a
wave 2= b
wave 3= c

The waves are subdivided into 3 waves.

A wave 1 will unfold in 5 waves, wave 2 will unfold in 3 waves and wave 5 will unfold in 5 waves. Wave 4 will be a 2 wave sharp correction.

On the large waves, after wave C the next wave up is labled "X" and then start the a,b,c all over again.

I'll post a chart for you.

Dave

I'll post a chart.
  • #1,211
  • May 30, 2006 3:11pm May 30, 2006 3:11pm
Actually Habib I cann't count this correction. But the last wave up did unfold in 5 waves so that will make it either a wave 1, c or 5. The correction befor the last wave up is a wave 4 correction on a daily scale.

That chart I can post. So the last wave up is most likely a wave 1 of wave 5.



http://img410.imageshack.us/img410/9...aves9mj.th.jpg
  • #1,212
  • May 30, 2006 5:47pm May 30, 2006 5:47pm
short 1.2871

s/l 1.2885

target open

Dave
  • #1,213
  • May 30, 2006 5:52pm May 30, 2006 5:52pm
Quoting xxDavidxSxx
short 1.2871

s/l 1.2885

target open

Dave
this one might not move to profits so fast as it does in NY session

waching for any signal of a small reversal to tell me the trades not ready.

but got cliff hangers 1 hr and 30 min.

But 1 hr is being supported by 8 hr ema.

I'll feel better when price drops below 8 ema on 1 hr chart. 1.2867/68 and close there. New candle in 10 min will tell me if trade is good.

Dave
  • #1,214
  • May 30, 2006 5:59pm May 30, 2006 5:59pm
Quoting xxDavidxSxx
this one might not move to profits so fast as it does in NY session

waching for any signal of a small reversal to tell me the trades not ready.

but got cliff hangers 1 hr and 30 min.

But 1 hr is being supported by 8 hr ema.

I'll feel better when price drops below 8 ema on 1 hr chart. 1.2867/68 and close there. New candle in 10 min will tell me if trade is good.

Dave
price moveing now. 1 hr middle bolli @ 1.2853/55 range first target.
  • #1,215
  • May 30, 2006 6:12pm May 30, 2006 6:12pm
Quoting xxDavidxSxx
price moveing now. 1 hr middle bolli @ 1.2853/55 range first target.
1.2862/62 current.

moving s/l to BE
  • #1,216
  • May 30, 2006 6:26pm May 30, 2006 6:26pm
Quoting xxDavidxSxx
short 1.2871

s/l 1.2885

target open

Dave
PT: 1.2856

+ 15 pips

Middle bolli and 50% fibo at this level so I'll pull out here.

this trade went 1 pip against me befor going into profits.

again s/l is incase of system or server failer. 5 pips backwards would have signaled to get out.

Dave
  • #1,217
  • May 30, 2006 10:19pm May 30, 2006 10:19pm
long 1.2862

edit : s/l 1.2847


target open
  • #1,218
  • May 30, 2006 10:31pm May 30, 2006 10:31pm
Heres chart.

Its same type of signal on 30 min as the short earlier.


I am going to lable this as a wave 1 impulse with a sharp wave 2 correction in 3 a,b,c subwaves. Hoping for a wave 3 here.

http://img428.imageshack.us/img428/1...trry9qa.th.jpg
  • #1,219
  • May 30, 2006 10:38pm May 30, 2006 10:38pm
Quoting xxDavidxSxx
Heres chart.

Its same type of signal on 30 min as the short earlier.


I am going to lable this as a wave 1 impulse with a sharp wave 2 correction in 3 a,b,c subwaves. Hoping for a wave 3 here.

http://img428.imageshack.us/img428/1...trry9qa.th.jpg
middle bolli ahead at 1.2868 might pause or pull back slightly.Top of 1 hr bolli is at 1.2880 next resistance point. 1.2900 top of 4 hr bolli.

Dave
  • #1,220
  • May 30, 2006 11:21pm May 30, 2006 11:21pm
price broke past 30 min bolli holding at 1.2872 moving s/l to BE

Dave
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