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  • #5,121
  • Jun 14, 2013 9:16am Jun 14, 2013 9:16am
Quoting 5.25
{quote} Fifth trade. 1R Breakout, pennant like pattern, renewed buying strength, rode the momentum on the break. FTSE looked better, text book flag pattern, shame I took the other. {image}
Some great PA/chart patterns on DAX at the moment.

Only trade so far, missed others due to hunger. Approx. 1.2r
Attached Image
  • #5,122
  • Jun 14, 2013 10:02am Jun 14, 2013 10:02am
Quoting 5.25
{quote} Some great PA/chart patterns on DAX at the moment. Only trade so far, missed others due to hunger. Approx. 1.2r {image}
2nd trade: AUDJPY. Saw this late, got out too early. Nice FTB/FB + comp. Similar setup on CADJPY which I rode too.

Calling it a day at just under 3r. The sun rarely shines in London.
Attached Image
  • #5,123
  • Jun 14, 2013 10:44am Jun 14, 2013 10:44am
Came back from work a few hours ago... very busy today. Will probably not be able to trade next week due to my day job.

Sold AU @ 0.9630 and closed 2/3 @ 0.9585 for +90 pips.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 0615AU30M01.jpg Size: 379 KB
Click to Enlarge Name: 0615AU5M01.jpg Size: 307 KB
  • #5,124
  • Jun 14, 2013 11:20am Jun 14, 2013 11:20am
Quoting 5.25
{quote} 2nd trade: AUDJPY. Saw this late, got out too early. Nice FTB/FB + comp. Similar setup on CADJPY which I rode too. Calling it a day at just under 3r. The sun rarely shines in London. {image}
I took this too as an FTB for half then ran the other half based on the FB and CP below.
Attached Image (click to enlarge)
Click to Enlarge Name: AJ1.png Size: 49 KB
  • #5,125
  • Jun 14, 2013 11:22am Jun 14, 2013 11:22am
Bit of a tough day (relative) today on the VLTF.

Summary of my 6 trades attached.

Total gains +26.2 pips (I use a fixed lot size based on an average SL of 3.5 pips unless volatility is high the I'd adjust my lot size accordingly).
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU.png Size: 60 KB
Click to Enlarge Name: uj.png Size: 64 KB
  • #5,126
  • Jun 14, 2013 11:32am Jun 14, 2013 11:32am
Quoting Balhana
Came back from work a few hours ago... very busy today. Will probably not be able to trade next week due to my day job. Sold AU @ 0.9630 and closed 2/3 @ 0.9585 for +90 pips. {image} {image}
Nice Sang. Have a good weekend. Probably the only job I look forward to Mondays.
  • #5,127
  • Jun 14, 2013 11:36am Jun 14, 2013 11:36am
Quoting lovejoy80
{quote} I took this too as an FTB for half then ran the other half based on the FB and CP below. {image}
Yeah I thought you might. You got all fancy with the higher R too. Have a good one.
  • #5,128
  • Jun 15, 2013 9:38am Jun 15, 2013 9:38am
One of my favorite patterns is "Spike Base". Take a look at the chart of what is a "Spike Base", and for more details see here.
Attached Image (click to enlarge)
Click to Enlarge Name: SpikeBase Pattern.jpg Size: 210 KB
  • #5,129
  • Jun 15, 2013 9:51am Jun 15, 2013 9:51am
Quoting Balhana
Came back from work a few hours ago... very busy today. Will probably not be able to trade next week due to my day job. Sold AU @ 0.9630 and closed 2/3 @ 0.9585 for +90 pips. {image} {image}
I'm still in this trade. Update on the AU short.
Attached Image (click to enlarge)
Click to Enlarge Name: 0615AU30M02.jpg Size: 398 KB
  • #5,130
  • Jun 18, 2013 3:07pm Jun 18, 2013 3:07pm
1st trade and it's Tuesday. Was a pip and a half to getting stopped, got out early due to sluggish market activity this week.
Attached Image (click to enlarge)
Click to Enlarge Name: 577_ftse m5.gif Size: 37 KB
  • #5,131
  • Jun 18, 2013 3:31pm Jun 18, 2013 3:31pm
Quoting 5.25
1st trade and it's Tuesday. Was a pip and a half to getting stopped, got out early due to sluggish market activity this week. {image}
Nice trade, definitely a slower and more difficult week so far this week.

Sample of trades I've taken this week.

1. HTF standard FTB's +2.20R and -0.27R

2. EU - BO after the lower FB.

3. EU - M1 retrace after M5 confirmed BO looking for price to BO off the daily highs.

4. EU - M5 strong buying and break + retest of flip area holds with clear space to next supply, M1 supply consumed too the trade on the BO after the supply.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ftb.png Size: 45 KB
Click to Enlarge Name: eu1.png Size: 21 KB
Click to Enlarge Name: eu2.png Size: 29 KB
Click to Enlarge Name: eu3.png Size: 27 KB
  • #5,132
  • Jun 19, 2013 12:38pm Jun 19, 2013 12:38pm
Couple of FTB's today (as per tweets).

+1R on NZDCAD and +1.34R on NZDUSD.

Once it became clear today was going to be very slow ahead of FOMC I didn't focus much on the VLTF, took just 1 trade, a text book BO trade based on M1 PA with an M5 target for +7.5 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDCAD.png Size: 36 KB
Click to Enlarge Name: NZDUSD.png Size: 44 KB
Click to Enlarge Name: UJ M1.png Size: 27 KB
Attached Image
  • #5,133
  • Jun 20, 2013 1:53pm Jun 20, 2013 1:53pm
4 trades today, all BO trades.

1. ANZD M30 +1R

2. GNZD M30 +2R

3. EURUSD M1 - didn't really work as expected so small win.

4. USDJPY M1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ANZD M30.png Size: 39 KB
Click to Enlarge Name: GNZD M30.png Size: 34 KB
Click to Enlarge Name: eu.png Size: 28 KB
Click to Enlarge Name: uj 1.png Size: 60 KB
Click to Enlarge Name: uj2.png Size: 13 KB
  • #5,134
  • Jun 21, 2013 8:11am Jun 21, 2013 8:11am
Sold EN @ 1.6985 and closed 2/3 @ 1.6940 for +90 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: 0621EN15M01.jpg Size: 346 KB
  • #5,135
  • Jun 21, 2013 8:31am Jun 21, 2013 8:31am
Quoting Balhana
Sold EN @ 1.6985 and closed 2/3 @ 1.6940 for +90 pips. {image}
The remainder got stopped out at BE.
  • #5,136
  • Jun 21, 2013 8:55am Jun 21, 2013 8:55am
Bought GN @ 1.9930
Attached Image (click to enlarge)
Click to Enlarge Name: 0621GN15M01.jpg Size: 367 KB
  • #5,137
  • Jun 21, 2013 9:07am Jun 21, 2013 9:07am
Quoting Balhana
Bought GN @ 1.9930 {image}
Closed 2/3 @ 1.9975 for +90 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: 0621GN15M02.jpg Size: 370 KB
  • #5,138
  • Jun 21, 2013 9:50am Jun 21, 2013 9:50am
Sold UJ @ 97.70 and closed 2/3 @ 97.40 for +60 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: 0621UJ5M01.jpg Size: 290 KB
  • #5,139
  • Jun 21, 2013 9:58am Jun 21, 2013 9:58am
Quoting Balhana
{quote} Closed 2/3 @ 1.9975 for +90 pips. {image}
The remainder of GN got stopped out @ 1.9910 for -20 pips. (+70 pips in total)
  • #5,140
  • Jun 21, 2013 10:22am Jun 21, 2013 10:22am
Quoting Balhana
Sold UJ @ 97.70 and closed 2/3 @ 97.40 for +60 pips. {image}
The remainder of UJ got stopped out @ 97.60 for +10 pips. (+70 pips in total)
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