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Simple Money Making Method

  • #2,401
  • Dec 11, 2012 6:17am Dec 11, 2012 6:17am
Jesus, this guys having a full scale meltdown!
  • #2,402
  • Dec 11, 2012 6:28am Dec 11, 2012 6:28am
Quoting cisco
Pro...please excuse me for expressing the following opinion. I realize it's not your style to say anything negative to posters.

Shane, I'm sure your parents are very proud of you. You obviously have a superior mental capacity compared to the rest of us mortals. I know I, for one, am extremely impressed with your command of spelling. Especially your ability to type difficult words like 'tradses' and 'whatsgoingon'. I have no doubt that your trading account is reflective of that same superior mental capacity. I hope you and the rest of your 10...

Oooops...

Not for us......

Thanks... cisco
  • #2,403
  • Dec 11, 2012 6:37am Dec 11, 2012 6:37am
Quoting burnzmeister
I went long the Aussie and 1.0500 is my TP. You see the candlestick pattern, the one that began at 1900 EST and ended at midnight EST? It's a pattern I've come across time and again and they seem quite reliable for trend continuations from the EMAs.

Has anyone else noticed this?
Certainly the higher time frames are showing up-trend, But this is what i saw after yesterdays high & today's low.... on 1H

Please correct me if i'm wrong....
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  • #2,404
  • Dec 11, 2012 6:42am Dec 11, 2012 6:42am
Thanks for the graph FX Pro, I have closed my trade long from 1hr AUSUSD with + pips. Not the best entry though so will read the thread again and your previous graphs. My entry meant that I had to have a rather large stop which is too risky and poor money management.

cheers
Ymmit
  • #2,405
  • Dec 11, 2012 6:50am Dec 11, 2012 6:50am
Quoting ymmit
Thanks for the graph FX Pro, I have closed my trade long from 1hr AUSUSD with + pips. Not the best entry though so will read the thread again and your previous graphs. My entry meant that I had to have a rather large stop which is too risky and poor money management.

cheers
Ymmit
Hey Ymmit,

for your positive pips..... Its just a Learning curve.... but don't spend/lose too much to learn... hard earned money...
  • #2,406
  • Dec 11, 2012 7:29am Dec 11, 2012 7:29am
Quoting FX-Pro
Certainly the higher time frames are showing up-trend, But this is what i saw after yesterdays high & today's low.... on 1H

Please correct me if i'm wrong....
I see what you mean, but the bounce from the H1 200 EMA and the H4 trend. This made me bullish. Anyway, I closed for 18 pips. Big news in a minute...
Most people have the will to win, few have the will to prepare to win
  • #2,407
  • Dec 11, 2012 7:33am Dec 11, 2012 7:33am
FX Pro -

I am not a newbie, maybe an oldie, but I'm having trouble following your later posted charts vs post #954, pg 64. I don't see a channel on your charts but one is suggested in #954. Have I missed something? Thank you for your dedication in keeping this thread up to date and viable along with so many others. piprac
  • #2,408
  • Dec 11, 2012 8:13am Dec 11, 2012 8:13am
Sorry for the late response....

Looks good with a tweezer top.... with a down trend....

but also keep a tab on the support area... + none of the previous 4H bars closed below( Including the OB)
  • #2,409
  • Dec 11, 2012 8:18am Dec 11, 2012 8:18am
Quoting piprac
FX Pro -

I am not a newbie, maybe an oldie, but I'm having trouble following your later posted charts vs post #954, pg 64. I don't see a channel on your charts but one is suggested in #954. Have I missed something? Thank you for your dedication in keeping this thread up to date and viable along with so many others. piprac
You are not missing anything piprac....

The Channels/TLs are added to get a better view.... nothing else...
  • #2,410
  • Dec 11, 2012 8:28am Dec 11, 2012 8:28am
Quoting FX-Pro
You are not missing anything piprac....

The Channels/TLs are added to get a better view.... nothing else...
Thank you.
  • #2,411
  • Dec 11, 2012 8:46am Dec 11, 2012 8:46am
Hi everyone. Hi FX-Pro.

Just wanted to thank you for sharing. Just finished reading the thread, and finally ready to join in on the action. Great job, brother.
Always try just one more time...
  • #2,412
  • Dec 11, 2012 9:01am Dec 11, 2012 9:01am
slow day today!
  • #2,413
  • Dec 11, 2012 9:18am Dec 11, 2012 9:18am
Quoting pirt666
Hi everyone. Hi FX-Pro.

Just wanted to thank you for sharing. Just finished reading the thread, and finally ready to join in on the action. Great job, brother.
Welcome aboard....

This is a simple conservative method... & moves very slow & steady....

which will certainly test your patience....

All the very best
FX-Pro
  • #2,414
  • Dec 11, 2012 9:22am Dec 11, 2012 9:22am
Quoting Brixton
slow day today!
Hi Brixton...

Dont be worried... a few good trades will give you enough pips for a month... just need to stay focused with a proper Plan & money management
  • #2,415
  • Dec 11, 2012 10:09am Dec 11, 2012 10:09am
Quoting FX-Pro
Certainly the higher time frames are showing up-trend, But this is what i saw after yesterdays high & today's low.... on 1H

Please correct me if i'm wrong....
I might be mistaken, FX-Pro, but if you follow the direction Ema200 or Ema72, a channel should follow the same direction, otherwise
it won't make much sense, no?

Respectfully,
Lietuve
  • #2,416
  • Dec 11, 2012 9:28pm Dec 11, 2012 9:28pm
Quoting lietuve
I might be mistaken, FX-Pro, but if you follow the direction Ema200 or Ema72, a channel should follow the same direction, otherwise
it won't make much sense, no?

Respectfully,
Lietuve
You are right...!

Since the price was making LL & LH.... it was Contradicting with the main trend... + it was not a single bar reject / OB Etc... this is the reason to stay away from it...

Cheers,
FX-Pro
  • #2,417
  • Dec 12, 2012 2:09am Dec 12, 2012 2:09am
Quoting burnzmeister
I went long the Aussie and 1.0500 is my TP. You see the candlestick pattern, the one that began at 1900 EST and ended at midnight EST? It's a pattern I've come across time and again and they seem quite reliable for trend continuations from the EMAs.

Has anyone else noticed this?
I did not notice this candlestick pattern but after going through history data its seems quite reliable.

moreover it seems that yesterday entry was a very good trade I hate you 1.0500

Regards,
  • #2,418
  • Dec 12, 2012 3:01am Dec 12, 2012 3:01am
Could be time to put some more money in GBP/CHF, rejected ema72 with OB.
Have had a very nice trend lately, since last entry around 1.4929.
  • #2,419
  • Dec 12, 2012 4:14am Dec 12, 2012 4:14am
Quoting fahadkw
I did not notice this candlestick pattern but after going through history data its seems quite reliable.

moreover it seems that yesterday entry was a very good trade I hate you 1.0500

Regards,
Hello everybody,
Checked the charts, did not see any definite candlestick pattern you are discussing. Could you post a chart and show it? Thank you.
  • #2,420
  • Dec 12, 2012 4:53am Dec 12, 2012 4:53am
Quoting MidnightRun
Hello everybody,
Checked the charts, did not see any definite candlestick pattern you are discussing. Could you post a chart and show it? Thank you.
Hi MidnightRun,

It's not a pattern that specifically fits with FX-Pro's definition of a bounce, so I am reluctant to post it here as I don't want to muddy the thread with other ideas. PM me if you're interested.

All the best
Most people have the will to win, few have the will to prepare to win
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