These look great but there is no momentum at these times until Frankie or London open and price has been hugging that area since yesterday. Not my cup of tea....
Simplicity is the ultimate sophistication - Leonardo da Vinci
- #9,641
- Feb 19, 2013 1:19am Feb 19, 2013 1:19am
- Joined Apr 2011 | Status: Hoc Etiam Transibit.... | 6,091 Posts
- #9,644
- Feb 19, 2013 1:27am Feb 19, 2013 1:27am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
anyone with me in EJ from 125.00?
Doing what you like is Freedom. Liking what you do is Happiness.
- #9,647
- Feb 19, 2013 2:11am Feb 19, 2013 2:11am
EJ
Wasn't your entry 7pips from S1 and just 5mins before Franckfurt opening ?
I agree with the signal, the bearish divergence. But really not HPT in my mind (anyway just starting so my mind still not clear
)Thanks
- #9,648
- Feb 19, 2013 2:26am Feb 19, 2013 2:26am
May I ask you why you took this trade ?
Wasn't your entry 7pips from S1 and just 5mins before Franckfurt opening ?
I agree with the signal, the bearish divergence. But really not HPT in my mind (anyway just starting so my mind still not clear
Thanks
2) It was exactly at FO not 5 minutes before
3) Bearish divergence on the 15 minute stoch
- #9,649
- Feb 19, 2013 2:33am Feb 19, 2013 2:33am
1) Yes it was above S1 but but was good Genesis signal with 5/15 stochs in agreement
2) It was exactly at FO not 5 minutes before
3) Bearish divergence on the 15 minute stoch
- #9,651
- Feb 19, 2013 3:14am Feb 19, 2013 3:14am
- Joined Feb 2009 | Status: Hasta la victoria siempre - El Che | 19,542 Posts
GU Long trade. exit on R1 + RN
And loss trade EJ from yesterday. -40 pips. Market was in range till my entry i i thought that entry candle is momentum candle, so i enter. Trade lined up with H1 stoch.
Doing what you like is Freedom. Liking what you do is Happiness.
- #9,652
- Edited 5:33am Feb 19, 2013 3:22am | Edited 5:33am
- Joined Jan 2013 | Status: Trader | 1,630 Posts
Yesterday wasn't a good day for trading. I got one trade of +3...lol....and that was the best I could do. Most pairs are range bound at the moment so we need to be careful. A break will come sooner or later though
I was about to write the same, I closed my day at breakeven.
- #9,654
- Feb 19, 2013 4:02am Feb 19, 2013 4:02am
- Joined Sep 2012 | Status: Beam me up, Scotty | 1,531 Posts
Perfect pre-news fakeout on EJ
I am a fallible imperfect person; so I must be a fallible imperfect trader.
- #9,657
- Feb 19, 2013 4:24am Feb 19, 2013 4:24am
- Joined Sep 2012 | Status: Beam me up, Scotty | 1,531 Posts
I think you were lucky on that trade it could so easily have gone the other way. A signal right on Frankfurt open (or any market open) is always 50/50 M15 stoch was tilting down yes but hadnt crossed down, by far the higher probability trade was 7.15am gmt. Ive learned that you are better to train yourself to take the higher probability trades and if you miss one - tough, it saves a lot of heartache...and money in the long run.
I am a fallible imperfect person; so I must be a fallible imperfect trader.
- #9,658
- Feb 19, 2013 5:00am Feb 19, 2013 5:00am
- Joined Jan 2013 | Status: Trader | 1,657 Posts
Well I took it, and it looked very HPT to me
Been burned far too many times right on the open I guess.
- #9,659
- Feb 19, 2013 5:05am Feb 19, 2013 5:05am
- Joined Sep 2012 | Status: Beam me up, Scotty | 1,531 Posts
Its only my opinion of course
For this trade I had D1/H4/H1/M30 all agreeing
Just a quick glance down to my daily sheet, and I just saw little red squiggles all over EJ, and hit the button
I am a fallible imperfect person; so I must be a fallible imperfect trader.