Oktoberfest Nightclub | Page 117 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: Oktoberfest Nightclub
Exit Attachments

Oktoberfest Nightclub

  • #2,321
  • Feb 27, 2014 2:20am Feb 27, 2014 2:20am
Quoting Hickson
{quote} I really appreciate your knowledge about the crosses and picked up the Eur/Aud as a profitable pair for me during the last weeks. It seems easier to trade than Eur/Usd and you can always check on Aud/usd and A/J what is in the bushes. The spread is a bit high, but it pays off in the end.
If you are not lazy, not difficult to get +150 pips per day from E/A alone but really need to understand the pairs and the movement from Wellington, Tokyo, Franky, LO and US then back to Wellington.
  • #2,322
  • Feb 27, 2014 2:21am Feb 27, 2014 2:21am
Quoting hadox
{quote} just double/triple your size - then patience will come by itself, you'll start focusing on high quality setups instead of the small scalps..
Thank you! This probably is the key and the next step in tweaking my mm. Will probably take an hybrid approach, stacking more small orders in areas of interest, but in the end it means the same, larger positions.
Fail better.
  • #2,323
  • Feb 27, 2014 2:27am Feb 27, 2014 2:27am
Quoting Ken A
Also pending long A/J @ 91.00 20 pips stops. {image}
Might not get the fill here ... bounces quite strong now.
Fix up, trade sharp ...
  • #2,324
  • Feb 27, 2014 2:29am Feb 27, 2014 2:29am
Quoting Ken A
{quote} If you are not lazy, not difficult to get +150 pips per day from E/A alone but really need to understand the pairs and the movement from Wellington, Tokyo, Franky, LO and US then back to Wellington.
How can I start to study these movements best?
Fix up, trade sharp ...
  • #2,325
  • Feb 27, 2014 2:30am Feb 27, 2014 2:30am
Quoting Hickson
{quote} Might not get the fill here ... bounces quite strong now.
Already filled

Need to consider spreads for limits order

Attached Image
  • #2,326
  • Feb 27, 2014 2:31am Feb 27, 2014 2:31am
Quoting Hickson
{quote} How can I start to study these movements best?
Screen time then take note what you observe. If I am online we can discuss it.
  • #2,327
  • Feb 27, 2014 2:34am Feb 27, 2014 2:34am
Quoting Ken A
{quote} Screen time then take note what you observe. If I am online we can discuss it.
Ok cool, thanks.
Fix up, trade sharp ...
  • #2,328
  • Feb 27, 2014 2:35am Feb 27, 2014 2:35am
Quoting Ken A
{quote} Already filled
Fix up, trade sharp ...
  • #2,329
  • Feb 27, 2014 2:38am Feb 27, 2014 2:38am
Quoting Ken A
{quote} Already filled Need to consider spreads for limits order {image}

sir,Ken

what's tp you looking for AJ ? 92.72?

sorry for my english.

thank you sir.
  • #2,330
  • Feb 27, 2014 2:41am Feb 27, 2014 2:41am
Quoting Coe
{quote} sir,Ken what's tp you looking for AJ ? 92.72? sorry for my english. thank you sir.
I will probably looking at 92.50 short term if this move is indeed technical Supply and Demand not the month's end book balancing. If the later I might close it for few pips without waiting for target. At the end it's just a guessing game as nothing is ever 100% sure.
  • #2,331
  • Feb 27, 2014 2:47am Feb 27, 2014 2:47am
thank you sir
  • #2,332
  • Feb 27, 2014 2:55am Feb 27, 2014 2:55am
Long EurChf 1.2175, tight s/l.
Fail better.
  • #2,333
  • Feb 27, 2014 3:07am Feb 27, 2014 3:07am
Quoting LarryDarrell
{quote} Thank you! This probably is the key and the next step in tweaking my mm. Will probably take an hybrid approach, stacking more small orders in areas of interest, but in the end it means the same, larger positions.
I'm not so certain about dbl up on risk....not that it won't work, but that can bring a different a pressure. Maybe, before you go down that route, re-evaluate your trade processes and try and formulate a plan, just for developing good discipline....like everything, even that needs to be trained. I'm trying to work on this myself and at times it can be hard going.
  • #2,334
  • Feb 27, 2014 3:25am Feb 27, 2014 3:25am
A/J is going for the stops ... hope it holds for you Ken.
Fix up, trade sharp ...
  • #2,335
  • Feb 27, 2014 3:56am Feb 27, 2014 3:56am
dax bleeding big time..
Patience is a virtue...
  • #2,336
  • Feb 27, 2014 3:59am Feb 27, 2014 3:59am
Quoting hadox
{quote} lol.. wondering if dax is going for new highs today..
I don't know if it's Crimea, or technicals. But looks like it is going to test daily support soon, if it breaks, might short after pullback.
Fail better.
  • #2,337
  • Feb 27, 2014 4:00am Feb 27, 2014 4:00am
Quoting hadox
dax bleeding big time..
there is a german proverb: zwei Bloede, ein Gedanke (two fools, one thought).
Fail better.
  • #2,338
  • Feb 27, 2014 4:05am Feb 27, 2014 4:05am
Quoting LarryDarrell
{quote} I don't know if it's Crimea, or technicals. But looks like it is going to test daily support soon, if it breaks, might short after pullback.
the same thing happened near the cluster of support at 907x - the last area before the stops - the RR sucks and the bastards will protect their positions.. people getting sucked in and then crushed .. rinse and repeat.. lol.. a re-test of 959x might happen, have some support at 947x..
Patience is a virtue...
  • #2,339
  • Feb 27, 2014 4:05am Feb 27, 2014 4:05am
Quoting Hickson
A/J is going for the stops ... hope it holds for you Ken.
Still holding and risking 15 pips waiting for another H4 close and if U/J 101.80 holds.

Edit; Closed all E/A, A/U and A/J
  • #2,340
  • Feb 27, 2014 4:31am Feb 27, 2014 4:31am
Ken, AUD/USD is not looking good at all. You might consider to get out to minimalize the risk on AUD Pairs.
Fix up, trade sharp ...
8 traders viewing now