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  • #321
  • Aug 16, 2013 3:28pm Aug 16, 2013 3:28pm
Quoting Davit
{quote} Hi Bryno edit function or button not even there except my very last post....weird since there is no copy righted material here. 62 possible but even higher.My uppermost orders are 6270 after that won't add anymore and wait. I am glad you are making some money. regards

Ah, I actually now see that FF has had some issues with the BWLC....

OK so you will take that one up to 627...the very top of the range. My experiement with the median grid is coming along nicely...I am now tying my median grid into round numbers at 100/50 pip intervals after a range trade opportunity is identified. And then looking at fib levels to finalize the buy/sell zones.

Here is how my charts are looking...I have not seen you use any momentum indicators. So, below is the cci(14)...I just use that to spot divergence which supports remaining in a trade like this.
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  • #322
  • Aug 16, 2013 3:45pm Aug 16, 2013 3:45pm
Quoting Davit
Bryno Set your limit buys on Swissy from 92,9175 9150 I closed a spike trade down with profit today +40pips. {image}

Ok cool...here is how I see it ( see chart). Are you still holding the lower level buy limits now? I do not trade the swissy...so this was a clean chart I set up based on what I think I understand about your style.

these are 2 four hour charts of the same thing...one is just zoomed out so you can get a bigger picture and one zoomed in a bit. It looks like you have placed buy limits basically in the lower end of the range? And will look to profit on price swiveling down into that half of the range and then returning to the median ?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: usdchfh4-swissy-01.png Size: 53 KB
  • #323
  • Aug 16, 2013 3:56pm Aug 16, 2013 3:56pm
Quoting bryn077
{quote} Ok cool...here is how I see it ( see chart). Are you still holding the lower level buy limits now? I do not trade the swissy...so this was a clean chart I set up based on what I think I understand about your style. these are 2 four hour charts of the same thing...one is just zoomed out so you can get a bigger picture and one zoomed in a bit. It looks like you have placed buy limits basically in the lower end of the range? And will look to profit on price swiveling down into that half of the range and then returning to the median ? {image}...

Bryno
Your chart is spot on!Great work
I just think opportunity is there for serious longs on Swissy.With QE reduction coming up I see huge gains even higher then 94
Idea is to find great set up and maximize it.
Set your limits and forget about it!
In trading, you have to be defensive and aggressive at the same time
  • #324
  • Aug 16, 2013 4:01pm Aug 16, 2013 4:01pm
Quoting bryn077
{quote} Ah, I actually now see that FF has had some issues with the BWLC.... OK so you will take that one up to 627...the very top of the range. My experiement with the median grid is coming along nicely...I am now tying my median grid into round numbers at 100/50 pip intervals after a range trade opportunity is identified. And then looking at fib levels to finalize the buy/sell zones. Here is how my charts are looking...I have not seen you use any momentum indicators. So, below is the cci(14)...I just use that to spot divergence which supports...

you really getting clear understanding.I am very impressed.I don't use cci but I see its usefulness specially clear divergence showing.
Green pips
In trading, you have to be defensive and aggressive at the same time
  • #325
  • Aug 16, 2013 4:40pm Aug 16, 2013 4:40pm
Quoting Davit
{quote} you really getting clear understanding.I am very impressed.I don't use cci but I see its usefulness specially clear divergence showing. Green pips

Thank you, and yeah...it's quite different. I am looking at several trade set-ups for next week and will begin using several orders.

I know you do not trade the Yen...though I am looking at a bit of a harmonic sequence here on the UJ inside of some price constriction...buy and sell zones are marked with red rectangles. Just an idea now, no orders have been placed...will see where price is on Sunday.

This chart is a bit worked over and you may not be able to see any logic but every line has meaning...I will clean it this weekend and re-evaluate any trades. But what I think is important is the price constriction right into the median grid (red lines).
Attached Image (click to enlarge)
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  • #326
  • Aug 16, 2013 4:50pm Aug 16, 2013 4:50pm
Quoting bryn077
{quote} Thank you, and yeah...it's quite different. I am looking at several trade set-ups for next week and will begin using several orders. I know you do not trade the Yen...though I am looking at a bit of a harmonic sequence here on the UJ inside of some price constriction...buy and sell zones are marked with red rectangles. Just an idea now, no orders have been placed...will see where price is on Sunday. This chart is a bit worked over and you may not be able to see any logic but every line has meaning...I will clean it this weekend and re-evaluate...

better set is GY and I have placed my limit shorts if triggered it will be my 1st yen trade
I agree on UJ price constriction which could be downside pressure building possibly.
I will avoid UJ for now.Charts are not clear where it whats to go.
Attached Image (click to enlarge)
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In trading, you have to be defensive and aggressive at the same time
  • #327
  • Aug 16, 2013 4:54pm Aug 16, 2013 4:54pm
Quoting Davit
{quote} you really getting clear understanding.I am very impressed.I don't use cci but I see its usefulness specially clear divergence showing. Green pips

Just one more here...it is similar to the UJ. But here I already took profits on the GY. This chart is also a bit messy but I took profits from this sell zone with sell limits and several orders.

You can see the harmonic sequence and the sell zone ( red rectangle ) . Here I traded three orders but only took fairly small profits relative to the actual size of the moves. But what is nice is that with the 3 spread out orders I collected some pips and profit even if the market didn't move that far, yet.
Attached Image (click to enlarge)
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  • #328
  • Aug 16, 2013 5:01pm Aug 16, 2013 5:01pm
Quoting Davit
{quote} better set is GY and I have placed my limit shorts if triggered it will be my 1st yen trade I agree on UJ price constriction which could be downside pressure building possibly. I will avoid UJ for now.Charts are not clear where it whats to go. {image}

ahh...jaja ! ok so you will sell a bit higher there on the GY...I will watch that. And your first Yen trade? That one fella Sam Seiden likes the Yen...and he trades with limits.
  • #329
  • Aug 16, 2013 5:04pm Aug 16, 2013 5:04pm
Quoting bryn077
{quote} Just one more here...it is similar to the UJ. But here I already took profits on the GY. This chart is also a bit messy but I took profits from this sell zone with sell limits and several orders. You can see the harmonic sequence and the sell zone ( red rectangle ) . Here I traded three orders but only took fairly small profits relative to the actual size of the moves. But what is nice is that with the 3 spread out orders I collected some pips and profit even if the market didn't move that far, yet. {image}

Looking good Bryno.I like that you think in harmonic way as well.Keep going strong but always think about risk more then profits.Profits take care of themselves trick is to manage risk.
That is my number rule! Never Over trade!Stay within your comfort zone.
In trading, you have to be defensive and aggressive at the same time
  • #330
  • Aug 16, 2013 5:10pm Aug 16, 2013 5:10pm
Quoting Davit
{quote} Looking good Bryno.I like that you think in harmonic way as well.Keep going strong but always think about risk more then profits.Profits take care of themselves trick is to manage risk. That is my number rule! Never Over trade!Stay within your comfort zone.

thanks Davit. yeah on the risk...I am seeing the safer trades now, I hope. And on the harmonics...I did see your post on harmonics and Carney's idea, I have the books. I do look at that but not so much on fib numbers specifically...I see them forming first on supply and demand levels nominally.
  • #331
  • Aug 16, 2013 5:23pm Aug 16, 2013 5:23pm
Quoting bryn077
{quote} thanks Davit. yeah on the risk...I am seeing the safer trades now, I hope. And on the harmonics...I did see your post on harmonics and Carney's idea, I have the books. I do look at that but not so much on fib numbers specifically...I see them forming first on supply and demand levels nominally.

You might lough at me but I recommend training the brain like one trains the muscles.
I play Chess regularly even when trading.Chess teaches about structure,defense,offense,sacrifice,planning,risk,mate
All components which apply to trading.It does not matter your level.
Try it.
Best site
Chess.com free
In trading, you have to be defensive and aggressive at the same time
  • #332
  • Aug 17, 2013 6:13pm Aug 17, 2013 6:13pm
Quoting Davit
{quote} You might lough at me but I recommend training the brain like one trains the muscles. I play Chess regularly even when trading.Chess teaches about structure,defense,offense,sacrifice,planning,risk,mate All components which apply to trading.It does not matter your level. Try it. Best site Chess.com free
ohhhh...i wouldn't laugh at someone for that. I lived in LA for 10 years, nothing is strange to me. You probably know what I mean...jaja.

You know, I never really learned to play chess but I did get good at playing 'Japanese Go' when I lived in LA...love that game.

this game here:
https://www.google.com/search?q=japa...NOm42gWwhYHgCA

it's kind of like intense checkers.

perhaps I should learn chess
  • #333
  • Aug 18, 2013 3:43pm Aug 18, 2013 3:43pm
Always looking for nice set up.This one credit goes to my friend Insield for PM about potentiality for long.
This could very well touch 84 as long as Cable is gaining on Greenbacks expect cable to drop.Any weakness on cable then go long on EG
I will place buy limits from 84.
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In trading, you have to be defensive and aggressive at the same time
  • #334
  • Aug 20, 2013 11:40pm Aug 20, 2013 11:40pm
Closed 25% of my positions on GC -$400
75% active...
Not happy how it turned out. I should of waited for better numbers.
live and learn...
In trading, you have to be defensive and aggressive at the same time
  • #335
  • Aug 21, 2013 1:18pm Aug 21, 2013 1:18pm
Quoting Davit
Closed 25% of my positions on GC -$400 75% active... Not happy how it turned out. I should of waited for better numbers. live and learn...
Hey Davit...yeah I saw that the GC ran up a bit...good you took some profit.

Looks like that USD/CHF has turned up.

Also, are you still in on that GY trade?...looks like it may run up to those higher levels. I have sell zones established, similar to yours...and may place them after the 5 pm close today.

Thank you,
Bryan
  • #336
  • Aug 22, 2013 8:25pm Aug 22, 2013 8:25pm
@Davit:

Hang in there

Please see post:
http://www.forexfactory.com/showthre...96#post6913396
  • #337
  • Aug 24, 2013 9:37am Aug 24, 2013 9:37am
Quoting HDA
@Davit: Hang in there Please see post: http://www.forexfactory.com/showthre...96#post6913396

Thanks HDA for your response.Real nice insightful post.
Regards
In trading, you have to be defensive and aggressive at the same time
  • #338
  • Aug 24, 2013 9:43am Aug 24, 2013 9:43am
Quoting bryn077
{quote} Hey Davit...yeah I saw that the GC ran up a bit...good you took some profit. Looks like that USD/CHF has turned up. Also, are you still in on that GY trade?...looks like it may run up to those higher levels. I have sell zones established, similar to yours...and may place them after the 5 pm close today. Thank you, Bryan

Hi Bryno
No I took a 25% loss not profit.I lighted my positions to manageable level and that required some loss.As hard as that is I am ok taking a loss.Its part of doing business.
Once my TP hit I will collect about 8% of my account with a loss included so not bad.
My funds are limited now so not placing new trades yet.No GY trades but looking at it as potential short.
I am also looking at EN short as well.
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In trading, you have to be defensive and aggressive at the same time
  • #339
  • Aug 25, 2013 11:36am Aug 25, 2013 11:36am
Quoting Davit
{quote} Hi Bryno No I took a 25% loss not profit.I lighted my positions to manageable level and that required some loss.As hard as that is I am ok taking a loss.Its part of doing business. Once my TP hit I will collect about 8% of my account with a loss included so not bad. My funds are limited now so not placing new trades yet.No GY trades but looking at it as potential short. I am also looking at EN short as well. {image}
Ahh...yeah, sorry man. I completely read the post wrong and thought perhaps you had taken partial profit on the first reaction down when your initial sell limit was triggered. But I also know you usually hold trades for big wins.

Cool on the EN, I am watching that one, too...


Green pips,
Bryan
  • #340
  • Aug 25, 2013 4:36pm Aug 25, 2013 4:36pm
Quoting bryn077
{quote} Ahh...yeah, sorry man. I completely read the post wrong and thought perhaps you had taken partial profit on the first reaction down when your initial sell limit was triggered. But I also know you usually hold trades for big wins. Cool on the EN, I am watching that one, too... Green pips, Bryan

Entered EN short
at 7174 next up 72
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In trading, you have to be defensive and aggressive at the same time
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