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Medium & Long Term ONLY

  • #121
  • Oct 31, 2013 10:33am Oct 31, 2013 10:33am
LOL
here in italy banks are on strike!!

wtf! LOL!
90% of traders use TA, indicators and prediction
  • #122
  • Nov 1, 2013 3:23am Nov 1, 2013 3:23am
USD CHF breaking 0.91
SL and TP orders amended.

Thinking to remove TP order... the thing can be going straight to 0.95.

steps are: 0.9160 - 0.9240 - 0.9450

look at monthly chart! if this is not a bullish scenario, i'm in the wrong place doing the wrong job!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Chart_USD_CHF_4 Hours_snapshot.png Size: 27 KB
Click to Enlarge Name: Chart_USD_CHF_Monthly_snapshot.png Size: 14 KB
90% of traders use TA, indicators and prediction
  • #123
  • Nov 1, 2013 3:28am Nov 1, 2013 3:28am
Quoting _BBKing_
{quote} hello and welcome, i didn't really know about these options, can be a reason... actually weekly setup is good, problems are on monthly which still show as possible a move back down into 97area. this is also a good thing, considering to look for a lower entry but let's see how things will develop... 97.80 and 97.40 in case of retest should show some orders
is market collecting demand or testing support strength?!
looks not clear... level will probably be re-tested once more. :nerd:
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_USD_JPY_15 Mins_snapshot.png Size: 26 KB
90% of traders use TA, indicators and prediction
  • #124
  • Nov 1, 2013 3:31am Nov 1, 2013 3:31am
GBP CHF conquered the 1.45!


and also the short term weakness
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_GBP_CHF_4 Hours_snapshot.png Size: 32 KB
90% of traders use TA, indicators and prediction
  • #125
  • Nov 1, 2013 5:10am Nov 1, 2013 5:10am
Quoting _BBKing_
GBP CHF conquered the 1.45! and also the short term weakness {image}
scaled out partially this trade.
will eventually reload later next week, in a lower or in an higher level
90% of traders use TA, indicators and prediction
  • #126
  • Nov 1, 2013 5:13am Nov 1, 2013 5:13am
and stop loss @BE in all trades.
i call it a week now!

byebye
90% of traders use TA, indicators and prediction
  • #127
  • Nov 1, 2013 5:45pm Nov 1, 2013 5:45pm
I think any word is useless. I leave you to draw the conclusions by yourself:

Attached Image (click to enlarge)
Click to Enlarge Name: 2013-11-01_1735.png Size: 58 KB
Buy when everyone else is selling and sell when everyone else is buying !
  • #128
  • Nov 2, 2013 6:34pm Nov 2, 2013 6:34pm
Quoting arenoosh
I think any word is useless. I leave you to draw the conclusions by yourself: {image}
what is really useless is to come here and advertise a statement!
90% of traders use TA, indicators and prediction
  • #129
  • Nov 3, 2013 3:46pm Nov 3, 2013 3:46pm
Quoting _BBKing_
{quote} what is really useless is to come here and advertise a statement!
Advertise? I am not selling anything. I am not a signal provider, I don't ask money for anything so no reason for me to advertise. I just was so happy Friday evening after closing my positions before the weekend when I saw my performance that I only wanted to share with you....maybe as a signal for the newbies that if you really want, you can do it.
Sometimes s**t happens in FX despite any technical/fundamental and whatever analysis you make the rate action can go against you and see your account vanishing. The thing is that 150% return in 40 days you can only make it if you accept the idea that there are 51% chances to see your account at 0 and only 49% chances to see it achieving that return. If you are aware of this and accept the risk....then trading become a mixture of knowledge/gambling/luck.
I know that I have to stop doing this.
Sorry if I pissed anyone here with my post.
Buy when everyone else is selling and sell when everyone else is buying !
  • #130
  • Nov 3, 2013 5:17pm Nov 3, 2013 5:17pm
Quoting arenoosh
{quote} Advertise? I am not selling anything. I am not a signal provider, I don't ask money for anything so no reason for me to advertise. I just was so happy Friday evening after closing my positions before the weekend when I saw my performance that I only wanted to share with you....maybe as a signal for the newbies that if you really want, you can do it. Sometimes s**t happens in FX despite any technical/fundamental and whatever analysis you make the rate action can go against you and see your account vanishing. The thing is that 150% return...
ok sorry i should have been more clear!
i'm happy for you, of course it's a great result, I can't deny that!!!!
my idea about this forum is as a place where share ideas and learn each one from the other... so basically, nowing you earned 150% in 40days add nothing to my or anyone else's knowledge about trading! this is what i mean by saying "useless to advertise a statement"
personally i never share my statements (only once i did) because i believe it's really subjective... i could be satisfied with a 1% net monthly growth, someone else could just earning a 150% x week and so on.. what really makes the difference is to keep this happening in the long run so meaning a consolidated good trading behavior and attitude .
90% of traders use TA, indicators and prediction
  • #131
  • Nov 4, 2013 2:08am Nov 4, 2013 2:08am
Partially scaled out UJ @98.68 + limit order near WP
Reloaded GBpCHF (partial closed on friday)
Adding small size in EUR CHF

Leaving charts right now, bye
90% of traders use TA, indicators and prediction
  • #132
  • Nov 4, 2013 2:28am Nov 4, 2013 2:28am
The problem with the weekly chart is having enough margin to trade off the set ups, so I'll be watching on the hourly to get in long, especially if the upper trend line of the pennant breaks and retests. I have enough experience now to be persistent and patient. Looking to take profit around 2015 and later...

Attached Image (click to enlarge)
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Gone to a better place
  • #133
  • Nov 4, 2013 2:36am Nov 4, 2013 2:36am
Quoting arenoosh
I think any word is useless. I leave you to draw the conclusions by yourself: {image}
Yes, a good result. Now post a chart of when and why you made the best trade on there. I've seen people win at roulette, believe it or not.
Gone to a better place
  • #134
  • Nov 4, 2013 2:45am Nov 4, 2013 2:45am
For example I'm watching this hourly bar. It might use Wednesday's high as support. Above we can see why it's fallen back , off a resistance area from way back in 2009. Low risk entry just now and it might just have another run at that line. Just above there is the pennant upper trend line. Well, to be honest, that is a very rough idea of where it is.

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy131104h1.JPG Size: 126 KB
Gone to a better place
  • #135
  • Nov 4, 2013 3:13am Nov 4, 2013 3:13am
my long Nikkei started well but ended as scratch.

frequency of my trades is much lower, like 1 to 2 a month, so I fell like in a middle of Nintendo game
Attached Image (click to enlarge)
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  • #136
  • Nov 4, 2013 4:12am Nov 4, 2013 4:12am
usdjpy -1h
Attached Image
If you think you can or cannot do it you are correct
  • #137
  • Nov 4, 2013 4:26am Nov 4, 2013 4:26am
seems a bit silly to see h1 charts in this thread , I mean I can see h4 in conjunction with weekly/daily for medium term
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #138
  • Nov 4, 2013 4:39am Nov 4, 2013 4:39am
Quoting Olu
usdjpy -1h {image}
Do you mean it is going up?
  • #139
  • Nov 4, 2013 4:44am Nov 4, 2013 4:44am
Quoting trexy123
{quote} Do you mean it is going up?
Yes Trexy123. I think we are on the way up

Olu
If you think you can or cannot do it you are correct
  • #140
  • Edited 5:08am Nov 4, 2013 4:44am | Edited 5:08am
Quoting Bones
seems a bit silly to see h1 charts in this thread , I mean I can see h4 in conjunction with weekly/daily for medium term

Bones. I hear you. Nothing less than dailies from me from now on. It is my best timeframe anyway.

Olu
If you think you can or cannot do it you are correct
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