Price Action and Trading Discussion | Page 224 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Price action at the core = family members' discussion project 2,214 replies

Price Action discussion 26 replies

Volume Price Level Trading Discussion Area 1 reply

Trading and Exchanges Discussion Thread 17 replies

Maxsmarts Trading Journal and Discussion 164 replies

Attachments: Price Action and Trading Discussion
Exit Attachments

Price Action and Trading Discussion

  • #4,461
  • Feb 24, 2014 10:45am Feb 24, 2014 10:45am
Quoting joe12345
Hi GDR3K. Is your stop below the monthly pivot?
Hi, yeah its way under it
  • #4,462
  • Feb 24, 2014 11:02am Feb 24, 2014 11:02am
Quoting jen101
{quote} Grrr... not good
GBP pairs are pretty crazy today, you had any other positions? my euraud order isn't too far away from getting hit..
  • #4,463
  • Feb 24, 2014 1:50pm Feb 24, 2014 1:50pm
Quoting GDR3k
{quote} GBP pairs are pretty crazy today, you had any other positions? my euraud order isn't too far away from getting hit..
Yes, gbpusd. Got taken out by a spike .
  • #4,464
  • Feb 24, 2014 2:31pm Feb 24, 2014 2:31pm
Quoting jen101
{quote} Yes, gbpusd. Got taken out by a spike .
Ah, moved my stop on the gbpjpy long to break even, currently about +25 on the position, not liking this range and it could go either way really, see where it ends up... 172.75 would be lovely
  • #4,465
  • Feb 25, 2014 2:19am Feb 25, 2014 2:19am
Quoting FXEmpire
{quote} hi.. I got in on gj 20 min ago at 170.584.. same deal on gu 1.66668.. I also think gj should be a good one. wishing everyone a great week ahead.
closed gj for +15.. it just did not make the move and mostly in the red from the get go.
closed gu for BE.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.ih1.png Size: 61 KB
Passion, Persist, Patience, Protect
  • #4,466
  • Feb 25, 2014 2:25am Feb 25, 2014 2:25am
Quoting GDR3k
{quote} Ah, moved my stop on the gbpjpy long to break even, currently about +25 on the position, not liking this range and it could go either way really, see where it ends up... 172.75 would be lovely
Closed a few pips above break even.

Quoting FXEmpire
{quote} closed gj for +15.. it just did not make the move and mostly in the red from the get go. closed gu for BE. {image}
Good job, I was about 50 pips up then that fall this morning cleaned my profit out
  • #4,467
  • Feb 25, 2014 2:27am Feb 25, 2014 2:27am
Quoting GDR3k
{quote} Closed a few pips above break even. {quote} Good job, I was about 50 pips up then that fall this morning cleaned my profit out
good job to you as well.. it was a tough one to handle after all the bounce it did yesterday.. I gave it all the chances and enough time to make the upward move it just wont do it now i guess.
Passion, Persist, Patience, Protect
  • #4,468
  • Feb 25, 2014 2:30am Feb 25, 2014 2:30am
short on the pairs.. zusd, zchf, gchf..
all three have hit good levels where had turned from sup to res.. will see if it responds bearish.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpchf.ih1.png Size: 63 KB
Click to Enlarge Name: nzdchf.ih1.png Size: 62 KB
Click to Enlarge Name: nzdusd.ih1.png Size: 71 KB
Passion, Persist, Patience, Protect
  • #4,469
  • Feb 25, 2014 2:31am Feb 25, 2014 2:31am
Quoting FXEmpire
{quote} good job to you as well.. it was a tough one to handle after all the bounce it did yesterday.. I gave it all the chances and enough time to make the upward move it just wont do it now i guess.
Yeah I'm keeping out of that pair for a while until it finds a direction, GDP figures out tomorrow for GBP, maybe that will push it somewhere
  • #4,470
  • Feb 25, 2014 2:38am Feb 25, 2014 2:38am
Quoting GDR3k
{quote} Yeah I'm keeping out of that pair for a while until it finds a direction, GDP figures out tomorrow for GBP, maybe that will push it somewhere
yep it's waiting for something.. I was hoping I could hold a risk free trade prior to gdp to possibly bank big on the release.. but it looked to static to do so and never reach over +40.

we keep eye on this sukka gdr, lol
Passion, Persist, Patience, Protect
  • #4,471
  • Feb 25, 2014 2:48am Feb 25, 2014 2:48am
Quoting FXEmpire
{quote} yep it's waiting for something.. I was hoping I could hold a risk free trade prior to gdp to possibly bank big on the release.. but it looked to static to do so and never reach over +40. we keep eye on this sukka gdr, lol
Definitely! I think a few limit orders at either side of this tight range is in order for tomorrows release.

Entered into a gbpaud short at 8508
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 48 KB
  • #4,472
  • Feb 25, 2014 2:50am Feb 25, 2014 2:50am
Quoting GDR3k
{quote} gbpaud short at 8508 {image}
yes bro

Attached Image (click to enlarge)
Click to Enlarge Name: gbpaudddh1.png Size: 81 KB
Howlin' at the Moon on the Roof
  • #4,473
  • Feb 25, 2014 3:07am Feb 25, 2014 3:07am
Quoting Wolf_Wicked
{quote} yes bro {image}


profit target for me is the 8375 area or around 1.83
  • #4,474
  • Feb 25, 2014 3:24am Feb 25, 2014 3:24am
I am not sure on gu short yet.. maybe is just me being stubborn on this one since I am still holding on to the long from feb12th, lol.
yesterdays bearish move looked strong however in bounce right of the lower bracket and pullback is stronger than it should be.
the better place for me to short this and bank the long is the 8550 level (yellow line), if it struggles in the area its a possible sign for breaking out of this week long bracket.. will see what happens.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud.ih1.png Size: 62 KB
Passion, Persist, Patience, Protect
  • #4,475
  • Feb 25, 2014 4:11am Feb 25, 2014 4:11am
Quoting GDR3k
{quote} profit target for me is the 8375 area or around 1.83
http://m.youtube.com/watch?v=g3882sGkrNA
Howlin' at the Moon on the Roof
  • #4,476
  • Feb 25, 2014 5:04am Feb 25, 2014 5:04am
There we go Grk, killin sh*t, hope you're holding... I'm long Au also since a while ago, post some screens when I'm back at the war horse



http://m.youtube.com/watch?v=lc0zKB88XPM
Howlin' at the Moon on the Roof
  • #4,477
  • Feb 25, 2014 6:04am Feb 25, 2014 6:04am
Hi Guys,

Has been super quiet for me lately, not much going for me at all.

I was looking at shorting GBPAUD after that last hourly bar moving away from the 1.8500 area, but the bar just didnt close how I would have liked it to. Came close to a target level that I would have been looking at though around the 1.84489 area.

A lot of market consolidation going on at the moment.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #4,478
  • Feb 25, 2014 6:09am Feb 25, 2014 6:09am
Quoting GDR3k
{quote} Definitely! I think a few limit orders at either side of this tight range is in order for tomorrows release. Entered into a gbpaud short at 8508 {image}
Quoting Wolf_Wicked
{quote} yes bro {image}
Clearly didn't read through latest posts before putting my post on.

Looks like you guys were already all over that one
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #4,479
  • Feb 25, 2014 6:11am Feb 25, 2014 6:11am
Quoting FXEmpire
I am not sure on gu short yet.. maybe is just me being stubborn on this one since I am still holding on to the long from feb12th, lol. yesterdays bearish move looked strong however in bounce right of the lower bracket and pullback is stronger than it should be. the better place for me to short this and bank the long is the 8550 level (yellow line), if it struggles in the area its a possible sign for breaking out of this week long bracket.. will see what happens. {image}
Ahhhh..... Conflicted emotions against the trade being held, been there many a times
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #4,480
  • Feb 25, 2014 6:11am Feb 25, 2014 6:11am
Quoting FXEmpire
short on the pairs.. zusd, zchf, gchf.. all three have hit good levels where had turned from sup to res.. will see if it responds bearish. {image} {image} {image}
Hope these ones work out for you Empire.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
3 traders viewing now