S&R short term bounces | Page 22 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies

Why Trading Forex is So Difficult - Long Term vs. Short Term 84 replies

Short Term / Medium Term / Long Term? 3 replies

Long term or short term which one u prefer? 5 replies

Poll to see Long term vs. Short term traders 9 replies

Attachments: S&R short term bounces
Exit Attachments

S&R short term bounces

  • #421
  • Apr 29, 2013 2:32am Apr 29, 2013 2:32am
well done on the gab, Sam!

i'm in one trade right now, but can not post a chart
at the moment.

trade # 92

aud/ usd - short off resistance

TP 13
SL 26
  • #422
  • Apr 29, 2013 3:44am Apr 29, 2013 3:44am
Quoting Findus
19 winners in a row... I canīt believe it... should I expect such a drawdown now as well?
Can a drawdown happen? Yeah, it's possible. What it looks like, is that you are hitting a nice sweet spot with your trading. You have got almost 100 trades under your belt and from where I sit - you are seeing how Price Action behaves better. It's like in baseball when a hitter is seeing the ball well, the game slows down for him. Will you take losses, (will you strike out vs. getting a hit) indeed you will. Don't celebrate the wins, don't mourn the losses, work the process. Focus on Excellent Execution. Nice thread.
  • #423
  • Apr 29, 2013 10:37am Apr 29, 2013 10:37am
my trade # 92 almost reached SL. Will see what happens


trade #93

gbp/usd - long

TP 13
SL 26
Attached Image (click to enlarge)
Click to Enlarge Name: 228.jpeg Size: 218 KB
  • #424
  • Apr 29, 2013 10:40am Apr 29, 2013 10:40am
Curious to see the AU chart when you get some time.
  • #425
  • Apr 29, 2013 10:43am Apr 29, 2013 10:43am
Quoting sam0182
Curious to see the AU chart when you get some time.
no problem, Sam!

entered short at resistance + fridays high + last weeks high and hoped it would bounce again.... but it didn't really do...but I will sit and watch...
Attached Image (click to enlarge)
Click to Enlarge Name: 229.jpeg Size: 192 KB
  • #426
  • Apr 29, 2013 10:56am Apr 29, 2013 10:56am
Quoting mongolian
{quote} Can a drawdown happen? Yeah, it's possible. What it looks like, is that you are hitting a nice sweet spot with your trading. You have got almost 100 trades under your belt and from where I sit - you are seeing how Price Action behaves better. It's like in baseball when a hitter is seeing the ball well, the game slows down for him. Will you take losses, (will you strike out vs. getting a hit) indeed you will. Don't celebrate the wins, don't mourn the losses, work the process. Focus on Excellent Execution. Nice thread.
hey mongolian,

you gave a great answer to my question and some nice hints! And I really appreciate that!

I definitely am working on not getting too excited when I win and donīt let losers let me feel down,
and the more trades I do the more I see progress in that. I think that is a very important thing in trading.
All that should matter is how the trading itself is. Do I trade good, do I trade not good. Do I make mistakes
or am I trading because of emotions.

again, thanks for your input!

Findus
  • #427
  • Apr 29, 2013 1:28pm Apr 29, 2013 1:28pm
Thanks for the chart, looks like a good setup, just not working out per the norm.
  • #428
  • Apr 30, 2013 2:04am Apr 30, 2013 2:04am
trade # 92

...finally became a loss.

-26
Attached Image (click to enlarge)
Click to Enlarge Name: 230.jpeg Size: 235 KB
  • #429
  • Apr 30, 2013 2:08am Apr 30, 2013 2:08am
trade # 94

eur/usd - long

TP 13
SL 26
Attached Image (click to enlarge)
Click to Enlarge Name: 231.jpeg Size: 222 KB
  • #430
  • Apr 30, 2013 3:04am Apr 30, 2013 3:04am
trade # 93

- 26
Attached Image (click to enlarge)
Click to Enlarge Name: 232.jpeg Size: 183 KB
  • #431
  • Apr 30, 2013 4:06am Apr 30, 2013 4:06am
trade # 94

- 26

the entry of this trade was not good. price was moving around the area way too much before entering. no reason to expect a bounce...
that was not a clear level / area...
Attached Image (click to enlarge)
Click to Enlarge Name: 233.jpeg Size: 149 KB
  • #432
  • Apr 30, 2013 8:18am Apr 30, 2013 8:18am
Quoting Findus
trade # 94 - 26 the entry of this trade was not good. price was moving around the area way too much before entering. no reason to expect a bounce... that was not a clear level / area... {image}
I'm surprised you took that one. The clear level was just below at 1.3067. Well it happens to us all. Good trading non the less
  • #433
  • Apr 30, 2013 9:53am Apr 30, 2013 9:53am
Quoting Findus
trade # 94 - 26 the entry of this trade was not good. price was moving around the area way too much before entering. no reason to expect a bounce... that was not a clear level / area... {image}
1.3077 longs were something I was watching for, I don't think this is a bad trade personally.

On to the next.
  • #434
  • Apr 30, 2013 2:34pm Apr 30, 2013 2:34pm
Findus, any reason you didn't sell at yesterdays high today? just wondering, nice fade area. Maybe too early.

I was looking for a little retest of 3077 after the break this afternoon but it just kept going. 3113 area now for a bounce?
  • #435
  • Apr 30, 2013 8:59pm Apr 30, 2013 8:59pm
Charts I'm watching tonight..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: auapril.30.png Size: 110 KB
Click to Enlarge Name: ejapril.30.png Size: 109 KB
Click to Enlarge Name: euapril.30.png Size: 105 KB
Click to Enlarge Name: guapril.30.png Size: 101 KB
  • #436
  • Apr 30, 2013 9:01pm Apr 30, 2013 9:01pm
**1.32 for EU shorts as well.
  • #437
  • May 1, 2013 12:09am May 1, 2013 12:09am
Quoting sam0182
Charts I'm watching tonight.. {image} {image} {image} {image}
looks like some good obvious levels! I wonīt be trading much today. Over here is holiday and I might do some family stuff. But keep up the good work here!
  • #438
  • May 1, 2013 12:15am May 1, 2013 12:15am
Quoting FX Alex
Findus, any reason you didn't sell at yesterdays high today? just wondering, nice fade area. Maybe too early. I was looking for a little retest of 3077 after the break this afternoon but it just kept going. 3113 area now for a bounce?
Hey Alex, could you post a chart, Iīm not quite sure about which times you are talking.
  • #439
  • May 1, 2013 12:35am May 1, 2013 12:35am
Quoting Good Lookin
{quote} I'm surprised you took that one. The clear level was just below at 1.3067. Well it happens to us all. Good trading non the less
yeah, that was a nice level, but as you said somewhere in your thread. Sometimes levels are easier to see in hindsight... thanks, man!
  • #440
  • May 1, 2013 3:47am May 1, 2013 3:47am
Quoting Findus
{quote} Hey Alex, could you post a chart, Iīm not quite sure about which times you are talking.
No worries mate, enjoy your day off

Circled short at resistance.

Attached Image (click to enlarge)
Click to Enlarge Name: Image 01052013.jpg Size: 77 KB
0 traders viewing now