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Trading Made Simple

  • #17,121
  • Apr 8, 2013 4:47am Apr 8, 2013 4:47am
Quoting allisonmagic
if you guys can't see what's really going on.. maybe your system isn't very accurate
Quoting allisonmagic
ok here ya go look at RSI relative to actual PA. it's taking more strength to push our gbp down a very short distance. indicating to me there are more buyers than sellers.
allisonmagic, do you really think it is RSI pushing the price down? Not vice versa?
Gentlemen always play by the rules. If they can't, they change the rules.
  • #17,122
  • Apr 8, 2013 5:12am Apr 8, 2013 5:12am
Quoting Favorite
allisonmagic, do you really think it is RSI pushing the price down? Not vice versa?




love it
  • #17,123
  • Apr 8, 2013 5:27am Apr 8, 2013 5:27am
Quoting allisonmagic
love it
Me too!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #17,124
  • Apr 8, 2013 5:38am Apr 8, 2013 5:38am
1.5461 *

that one's for free
  • #17,125
  • Apr 8, 2013 6:06am Apr 8, 2013 6:06am
Quoting allisonmagic
1.5461 *
Really? When?


Quoting allisonmagic
that one's for free
There's always free cheese in the mousetrap!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #17,126
  • Apr 8, 2013 6:38am Apr 8, 2013 6:38am
newbie story about greed and lack of patience:

Attached Image (click to enlarge)
Click to Enlarge Name: audusdh1.png Size: 39 KB
JacekPreserve Precious Capital
  • #17,127
  • Apr 8, 2013 8:25am Apr 8, 2013 8:25am
Quoting vody105
Good morning. Look at GBP/USD...Seems as a short might be good there. What do u think? {image}
too bad I did not short it

How was your trading day today? Did you manage to do some good trades?
  • #17,128
  • Apr 8, 2013 8:30am Apr 8, 2013 8:30am
Quoting allisonmagic
ok here ya go look at RSI relative to actual PA. it's taking more strength to push our gbp down a very short distance. indicating to me there are more buyers than sellers. We haven't even come close to the 38 fib, candles are pinning and short. last but not least we are above the 240 LWMA. any entry should be above the previous high. when you see a bounce, you will know it just from the PA.. bullish doji, morning star, some breakaway's or some tri stars..etc.. if you think it's bearish, wait for a break below the 38 fib, take it down to the 50.....
Don't want to say it but I warned you...

GBPUSD up 35 pips and AUDUSD at +4 but looking at that one longer term so not worried. Good confirmation though of 1.0300 coming up soon.

GBPUSD I've got 5250 as possible target but looking for 5200 as ultimate TP
@pawpaw1000 on Twitter
  • #17,129
  • Apr 8, 2013 8:30am Apr 8, 2013 8:30am
Quoting vody105
too bad I did not short it How was your trading day today? Did you manage to do some good trades?
Attachment

we are waiting what is going to happen, brake or bounce??

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 56 KB
JacekPreserve Precious Capital
  • #17,130
  • Apr 8, 2013 8:33am Apr 8, 2013 8:33am
Quoting allisonmagic
GBPUSD 1.5250 area will be a bounce. look to break higher towards 1.5460 area
Quoting allisonmagic
if you guys can't see what's really going on.. maybe your system isn't very accurate
Well, it is 1.5256 already and still going on strong. Doesn't look like a bounce.

So maybe our system is not so bad after all?
Attached Images
Gentlemen always play by the rules. If they can't, they change the rules.
  • #17,131
  • Apr 8, 2013 8:33am Apr 8, 2013 8:33am
Today some 42 pips on EUR/USD and AUD/USD, didnt manage to get TP2's on both pairs
JacekPreserve Precious Capital
  • #17,132
  • Apr 8, 2013 8:44am Apr 8, 2013 8:44am
Quoting pawpaw1000
Don't want to say it but I warned you... GBPUSD up 35 pips and AUDUSD at +4 but looking at that one longer term so not worried. Good confirmation though of 1.0300 coming up soon. GBPUSD I've got 5250 as possible target but looking for 5200 as ultimate TP
Closed GBPUSD for 55 pips at 61.8% fib and 5250 support.

Still got AUDUSD
@pawpaw1000 on Twitter
  • #17,133
  • Edited 8:57am Apr 8, 2013 8:45am | Edited 8:57am
Quoting Jackub
1168813 we are waiting what is going to happen, brake or bounce?? {image}
breakthrough and then!
Will post my trade tomorrow.!sell GBPUSD: +60 pips and continous. 5250??
  • #17,134
  • Apr 8, 2013 8:52am Apr 8, 2013 8:52am
Is the GBPUSD retracement over?
  • #17,135
  • Apr 8, 2013 8:55am Apr 8, 2013 8:55am
Quoting adamjhdavis
Is the GBPUSD retracement over?
We will see next 1 or 2 candles. It is near to 38.2 Fibo so it might bouce back upwards..
  • #17,136
  • Apr 8, 2013 9:02am Apr 8, 2013 9:02am
OK, here's how you know when to take your profit looking just at TDI, without any fibs, MAs and BS. It is not the only method, but you have to pay attention to this all the time.

You look at the H1 TDI. When the distance between the green line and red line becomes more than 10, it usually shows there will be a pullback, it's a good time to take the profit, you can re-enter later

On my picture red line is 47.5762, green line 36.8102, the difference is approximately 10.8
Attached Image
Gentlemen always play by the rules. If they can't, they change the rules.
  • #17,137
  • Apr 8, 2013 9:03am Apr 8, 2013 9:03am
nice ;-)
Attached Image (click to enlarge)
Click to Enlarge Name: audusdh1.png Size: 145 KB
@pawpaw1000 on Twitter
  • #17,138
  • Apr 8, 2013 9:12am Apr 8, 2013 9:12am
Quoting pawpaw1000
nice ;-) {image}
under the rule of eelfranz I'll go to bed and close the command to 6pm tomorrow morning.
  • #17,139
  • Apr 8, 2013 10:30am Apr 8, 2013 10:30am
AUD USD trade 4hr chart, almost the same entry that someone else posted a couple of pages back.
Went to sleep and missed the pullback, trade manager broke-even half of my position.
Good for 40 pips
Attached Image (click to enlarge)
Click to Enlarge Name: audusdih4.png Size: 111 KB
Dragon Rider
  • #17,140
  • Apr 8, 2013 11:58am Apr 8, 2013 11:58am
get ready to go long gbpusd
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