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A Basket Trading Journey

  • #121
  • Edited 9:08pm Dec 17, 2013 8:32pm | Edited 9:08pm
Note the 2 consolidating zones on M15...could this be the turning point for a continuation south? Will see.
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Click to Enlarge Name: #core5#05m30.png Size: 54 KB
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  • #122
  • Dec 18, 2013 4:34am Dec 18, 2013 4:34am
Shot of M30 with little change in the last 7 hours. A bit of a move north with the GBP news but still waiting for fresh sup/dem zones.
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  • #123
  • Dec 18, 2013 6:15am Dec 18, 2013 6:15am
Has demand been exhausted...we'll see
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  • #124
  • Edited 10:17am Dec 18, 2013 6:20am | Edited 10:17am
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Analysis..
downside we can see demand in 30min & 15min & 5min.. all level are fresh..
above all supply zones are broken. for me its nothing.
to sell we need two tf sell zones (supply zones)
to buy we need buy two tf (demand zones)
- signal is not clear yet
  • #125
  • Dec 18, 2013 6:48am Dec 18, 2013 6:48am
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  • #126
  • Dec 18, 2013 6:58am Dec 18, 2013 6:58am
Plain A.
Waiting for confirmation.....
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Click to Enlarge Name: GVC-PLAIN A.png Size: 88 KB
  • #127
  • Dec 18, 2013 8:54am Dec 18, 2013 8:54am
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  • #128
  • Dec 18, 2013 9:47am Dec 18, 2013 9:47am
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i show in illustration maxium possiblities... but i am trading now last move
total floating profit is 200USD 0.1 lot /// or 2000 1 lots
waiting for hit.....

target hit just now..
  • #129
  • Dec 18, 2013 10:05am Dec 18, 2013 10:05am
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trade closed target hit..
  • #130
  • Dec 18, 2013 3:39pm Dec 18, 2013 3:39pm
Chart looks absolutely stunning and nice trade. Let's hope Seller is going to be able to work some of this magic in his new EA.
  • #131
  • Edited 5:58pm Dec 18, 2013 5:37pm | Edited 5:58pm
Quoting hukam
{image} i show in illustration maxium possiblities... but i am trading now last move total floating profit is 200USD 0.1 lot /// or 2000 1 lots waiting for hit..... target hit just now..
Very nice hukam!

I know there are those (like yourself) who can pull the trigger on the pullbacks during a trend such as this. The shot below illustrates what was going through my mind. Once price reached the area of circle on the right (mid Asia session), I saw the circle on the left as a high possibility of demand being exhausted, so I stayed out of a Buy.

As we know, price continued another 500+ points north from that mid Asia point. Something I'm still working on.
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  • #132
  • Dec 18, 2013 6:03pm Dec 18, 2013 6:03pm
Quoting SmokeyD
{quote} Very nice hukam! I know there are those (like yourself) who can pull the trigger on the pullbacks during a trend such as this. The shot below illustrates what was going through my mind. Once price reached the area of circle on the right (mid Asia session), I saw the circle on the left as a high possibility of demand being exhausted, so I stayed out of a Buy. As we know, price continued another 500+ points north from that mid Asia point. Something I'm still working on. {image}

Thats why we need that EA SmokeyD. To enter right there. I still think we need a confirmer like semafor DOT 2 or 3 for the entry. Anyway nice work. I will continue to follow.
ILvFx
  • #133
  • Dec 18, 2013 6:30pm Dec 18, 2013 6:30pm
Core5 M15 shot of the latest demand zone being tested. No bias at this point. My Core5 data shows it at new highs going back to May 1st. It makes me very reluctant to look at possible Buy positions, but that's just me.
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  • #134
  • Dec 18, 2013 7:16pm Dec 18, 2013 7:16pm
M5 shot of the M5-M15 demand zone being challenged. Would like to see a fresh M5-M15 supply zone develop.
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  • #135
  • Dec 18, 2013 7:21pm Dec 18, 2013 7:21pm
Next bar after previous post!!! New M5-M15 Supply zone. Sell opened.
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  • #136
  • Dec 18, 2013 7:23pm Dec 18, 2013 7:23pm
Another view on the M15. What I still need to pull the trigger...PA below my HAS, MACD fast (green) nearing zero, and my M15 trend to be red.
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  • #137
  • Dec 18, 2013 7:26pm Dec 18, 2013 7:26pm
Quoting I Love Fx
{quote} Thats why we need that EA SmokeyD. To enter right there. I still think we need a confirmer like semafor DOT 2 or 3 for the entry. Anyway nice work. I will continue to follow. ILvFx
Truly appreciate your comments.

Yes, I agree. I have no doubt that seller9 is hard at work trying to complete the EA. I believe he has all our interests in mind by not releasing it until he has thoroughly tested it.
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  • #138
  • Dec 18, 2013 10:26pm Dec 18, 2013 10:26pm
First shot is M5 showing entry. Second shot is M30 showing positive progress.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: #core5#05m30.png Size: 33 KB
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  • #139
  • Dec 18, 2013 10:38pm Dec 18, 2013 10:38pm
M5 and M15 shots showing new M5-15 demand zone. Will monitor closely on M15 and M30 to determine if it's time to end trade.

I know hard core sup/dem traders don't care to put a lot of thought in pivot points, but look at the attention PA has paid to the daily pivot line.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: #core5#05m15.png Size: 35 KB
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  • #140
  • Dec 18, 2013 10:48pm Dec 18, 2013 10:48pm
M15 shot showing a now weakened state demand zone...good sign
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