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Trend friendly position building

  • #81
  • Aug 15, 2013 12:49pm Aug 15, 2013 12:49pm
Quoting DmitryFX
Because i am interested in trend friendly system i am trying to develop PVSR analyzing to be able to decrease possible DD and to improve Risk/Reward ration. So, i have decided do not take market orders immediately as any signal founded. I will place stop order with some range for price breathing. If second signal will come I will close first stop order and will open new one but twice bigger then first. This way i will follow big money and will be able to catch any fast runs. Here my first trade by this system at AU: {image}
Still, Aussie doesn't want to fall. HTF telling me about weakness of long trend. So falling should be soon, I hope ))))))
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-h4-hf-markets-ltd.png Size: 38 KB

Based on PVSRA I placed one more sell stop order.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-m30-hf-markets-ltd.png Size: 55 KB
Everything is possible!!! Step by Step...
  • #82
  • Aug 15, 2013 12:50pm Aug 15, 2013 12:50pm
Hi DmitryFX, how do you determine the trend, please? H4/Daily and OsMA?
Newbie trader
  • #83
  • Aug 15, 2013 1:14pm Aug 15, 2013 1:14pm
While i am doing some notes here MM's doing it's business
There were no news, no events, nothing at all but incredible movement happened/ Why? The reason as usual very simple - MM's are just loading more cheaper trades to it's positions. And i think this is really good sign, now they should be filled and will start run for profits.
USDCHF
In general at HTF trend looks like Bullish, but i don't like this day candle...
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf-d1-hf-markets-ltd.png Size: 40 KB

The same situation with PVSRA. My target wasn't reach only 25 pips but probably it was better to close.
Any way, i will stick with my targets strategy and after all will do home work...
Attached Image (click to enlarge)
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Everything is possible!!! Step by Step...
  • #84
  • Aug 15, 2013 10:53pm Aug 15, 2013 10:53pm
Quoting fex
Hi DmitryFX, how do you determine the trend, please? H4/Daily and OsMA?
Now, I am focused with PVSRA mostly.
But analyzing of HTF giving to me more confidence.
Very strong signal for trend reversal is Divergence at OsMA.
As well as any reversal price patterns.
And for sure bounces from S/R.
If everything in confluence then probability of reversal is very high.
Everything is possible!!! Step by Step...
  • #85
  • Aug 16, 2013 4:10am Aug 16, 2013 4:10am
Quoting DmitryFX
{quote} Now, I am focused with PVSRA mostly. But analyzing of HTF giving to me more confidence. Very strong signal for trend reversal is Divergence at OsMA. As well as any reversal price patterns. And for sure bounces from S/R. If everything in confluence then probability of reversal is very high.
Thanks you DmitryFX
Newbie trader
  • #86
  • Aug 18, 2013 12:30pm Aug 18, 2013 12:30pm
Quoting DmitryFX
GBPUSD Here very interesting situation is. Daily chart is showing how strong Bullish trend is exhausted. But price still raises. I suppose the Reversal movement should be very fast as soon as most of traders will go long... {image} That's why I am hardly adding shorts. My current DD about 2800 pips, still not very bad ))) {image}
One more trade added. DD is 3147 pips.
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Click to Enlarge Name: gbpusd-m30-hf-markets-ltd.png Size: 57 KB

Because of sentiments of most traders are about shorts GU I supppose MM's will push it now even more high to weep out weak SL's. Very possible target could be FIBO 61,8 level.
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Everything is possible!!! Step by Step...
  • #87
  • Aug 18, 2013 1:57pm Aug 18, 2013 1:57pm
I found that I did not post my new YEN trades yet.
It's interesting because I have opposite positions by UY and other YEN pairs.
EURYEN
Attached Image (click to enlarge)
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AUDYEN
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Click to Enlarge Name: audjpy-m30-hf-markets-ltd.png Size: 57 KB

GBPYEN
Attached Image (click to enlarge)
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Everything is possible!!! Step by Step...
  • #88
  • Aug 18, 2013 2:42pm Aug 18, 2013 2:42pm
I made this print screens with purpose to analyze the situation in progress later:
Attached Image

Attached Image
Everything is possible!!! Step by Step...
  • #89
  • Aug 20, 2013 5:28am Aug 20, 2013 5:28am
Quoting DmitryFX
EurAud new system trade I have found all previous steps of BULLS. They was around every half or round number. After it I placed Buy stop order with lot equal to amount of all previous possible trades. And it was executed as soon as trend was changed and confirmation of it was -2-3 model with bounce from 1.445 level. {image}
Probably it was too soon but i decided to close my long position as soon as got first bearish signs.
Bearish signs are:
1-Sell off at 1.4775 level
2-RDH reached
3-Second day without any pullback
4-4H oscillator OB
Attached Image (click to enlarge)
Click to Enlarge Name: euraud-m30-hf-markets-ltd.png Size: 65 KB
Everything is possible!!! Step by Step...
  • #90
  • Aug 20, 2013 10:00pm Aug 20, 2013 10:00pm
Quoting DmitryFX
Because i am interested in trend friendly system i am trying to develop PVSR analyzing to be able to decrease possible DD and to improve Risk/Reward ration. So, i have decided do not take market orders immediately as any signal founded. I will place stop order with some range for price breathing. If second signal will come I will close first stop order and will open new one but twice bigger then first. This way i will follow big money and will be able to catch any fast runs. Here my first trade by this system at AU: {image}
And finally i decided to close position.
My the main reason was forming like Double bottom formation. Maybe price will drop down more but reversal is very possible and better to increase equity.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-m30-hf-markets-ltd.png Size: 66 KB
Everything is possible!!! Step by Step...
  • #91
  • Aug 21, 2013 4:35am Aug 21, 2013 4:35am
One from YEN series position closed. It's seems to me AUssie finally loosed it's momentum. Better to increase equity now.
Attached Image (click to enlarge)
Click to Enlarge Name: audjpy-m30-hf-markets-ltd.png Size: 57 KB
Everything is possible!!! Step by Step...
  • #92
  • Aug 21, 2013 12:21pm Aug 21, 2013 12:21pm
EURAUD
I spotted about 6 push-up before this level.
Now price is going to down.
I have placed only one sell limit order above current price because i am waiting some wicks after news.
Target not defined yet.
Attached Image (click to enlarge)
Click to Enlarge Name: euraud-m30-hf-markets-ltd.png Size: 54 KB
Everything is possible!!! Step by Step...
  • #93
  • Aug 21, 2013 12:34pm Aug 21, 2013 12:34pm
GBPAUD
The same reason here but instead of Limit I have placed Stop order.
Just for reason if wicks will not happen and price will be dropped immediately
Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud-m30-hf-markets-ltd.png Size: 54 KB
Everything is possible!!! Step by Step...
  • #94
  • Aug 21, 2013 1:39pm Aug 21, 2013 1:39pm
EURAUD & GBPAUD
both orders filled, but GBP was changed by me 1 level up.
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud-m30-hf-markets-ltd-2.png Size: 54 KB
Everything is possible!!! Step by Step...
  • #95
  • Aug 22, 2013 12:04am Aug 22, 2013 12:04am
AUSUSD 1 trade like sum of 10 EP
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-m30-hf-markets-ltd.png Size: 64 KB
Everything is possible!!! Step by Step...
  • #96
  • Aug 22, 2013 1:24pm Aug 22, 2013 1:24pm
Quoting DmitryFX
Also started long position by Yen. {image}
USDYEN position closed
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m30-hf-markets-ltd.png Size: 78 KB

Attached Image (click to enlarge)
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Everything is possible!!! Step by Step...
  • #97
  • Aug 23, 2013 10:49am Aug 23, 2013 10:49am
USDYEN
After 8 push-up's price dropped down and pending sell stop order activated.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m30-hf-markets-ltd.png Size: 53 KB
Everything is possible!!! Step by Step...
  • #98
  • Aug 23, 2013 11:03am Aug 23, 2013 11:03am
GBPYEN
Series of sell pending orders activated:
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-m30-hf-markets-ltd.png Size: 57 KB
Everything is possible!!! Step by Step...
  • #99
  • Aug 27, 2013 11:36pm Aug 27, 2013 11:36pm
Quoting DmitryFX
GBPYEN Series of sell pending orders activated: {image}
GBPYEN Position closed.
9 trades
totally 1361 pips (av.151,2)
+141.48$
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy-m30-hf-markets-ltd.png Size: 65 KB
Everything is possible!!! Step by Step...
  • #100
  • Aug 27, 2013 11:43pm Aug 27, 2013 11:43pm
Quoting DmitryFX
USDYEN After 8 push-up's price dropped down and pending sell stop order activated. {image}
USDYEN trade closed
It was only 1 trade equal to 8 std trades = 0.08 lot
96.9 pips (like 775 pips) & +79$
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy-m30-hf-markets-ltd.png Size: 52 KB
Everything is possible!!! Step by Step...
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