Touched off Kijun on the 30M chart, could be in for a bit more downside. 1M chart also showing a TK cross, however it is above the cloud so short potential but not strong movement. {image} {image}
another long taken @ 0.89122 as we bounced of the Kijun... I know I said no more trades but ... The second chart is a better view, we are on the other side of the Kijun (blue line) and have just touched for a potential bounce off. Have set a High TP but may close manually if conditions change.
Attached Image(s) (click to enlarge)
A genius is born every minute, me I am lucky if my socks match.
{quote} What TF are you trading man? Looks like your set up, E&E are based on M5 Technicals but your holding your trades for days?
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Hey, your right i mainly use 5m for entries and exits but i'm actually trading the higher TF's...
If i'm in profit on a scalp i'll usually fall back to a higher TF & see if i can get more out of it... while adding lots and trailing my stops off 5m PA
{quote} Hey, your right i mainly use 5m for entries and exits but i'm actually trading the higher TF's... If i'm in profit on a scalp i'll usually fall back to a higher TF & see if i can get more out of it... while adding lots and trailing my stops off 5m PA
London just opened with some volume and commitment to being long AU... but it's up against 50EMA on 1HR and previous resistance at 0.8940-ish... if it breaks through, i'm long
We don't see things as they are - we see things as we are.
{quote} Now, step 2.. Hope AUD will move up, break the 0.8950.. Hopefully.. **wishing on upon a star **
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I'm done long, closed it at 0.8936 with green grass ^^ thanks God.
I know it's early and maybe can still be more north to 0.8950 - 60... but, i have 2 reason to closed it..
- i reach my daily target, and learn not to be greedy..
- i have a 'feeling' that these will...or maybe.. go down.. just pure feeling, not technical.. so i just opened short and curious to see it ^^.
Have a nice trading fellas ^^V
I've failed many times, but I took the lessons,and never give up.God Bless.
{quote} I'm done long, closed it at 0.8936 with green grass ^^ thanks God. I know it's early and maybe can still be more north to 0.8950 - 60... but, i have 2 reason to closed it.. - i reach my daily target, and learn not to be greedy.. - i have a 'feeling' that these will...or maybe.. go down.. just pure feeling, not technical.. so i just opened short and curious to see it ^^. Have a nice trading fellas ^^V
looks like that 0.8940 area I mentioned earlier is proving very stubborn to break up through... I guess the daily range has been quite bullish to fill in the opening gap down, so maybe it's spent....
We don't see things as they are - we see things as we are.
Hi all, I've been trading for 7 years, first options and then forex, and I've been following this thread for a long time, but I've remained on the sidelines, not saying anything, until I gained confidence to contribute... so................ here I go... I respect all your posts, thank you... I will join your group, thanks, I only trade AUDUSD & AUDJPY.....
Right now I see au struggling to push up, which interests me because au technically is looking good on the short term at least. What are your thoughts?
(PS how many posts should I make before I'm no longer considered a junior?)
Thanks again all
sonicvista12
We don't see things as they are - we see things as we are.
Hi all, I've been trading for 7 years, first options and then forex, and I've been following this thread for a long time, but I've remained on the sidelines, not saying anything, until I gained confidence to contribute... so................ here I go... I respect all your posts, thank you... I will join your group, thanks, I only trade AUDUSD & AUDJPY..... Right now I see au struggling to push up, which interests me because au technically is looking good on the short term at least. What are your thoughts? (PS how many posts should I make before...
Ignored
Welcome, and we surely need your experiences thought on these pair, share us your thoughts.
i think to be consider not Junior member again, you should make about 10 or 15 post, give yourself 2 weeks maybe, then i think Admin will consider to raise your status.
At these moments, nothing much i can say about AUD, i think a weekly term, AUD will go south, but now we are seeing AUD price is in tunnel no-weher to go.. Just need to see whether it will break south or north soon.
I've failed many times, but I took the lessons,and never give up.God Bless.
Hi Miss05 thanks for your post... ok, a weekly chart analyst... I've never gone beyond dailies, mainly because I'm an intraday trader, shorter time frames, 4hr, 1hr, 5 min..... but maybe i need to look at the weekly's as well? The way my current trade is going (or not going!) indicates price has found a top and has failed to break up through. This fascinates me.... how much should an intraday trader pay attention to a weekly chart, and how much should a long term trader pay attention to the hourly etc....? I've done pretty well using the shorter time frames, but would welcome your wisdom on the longer term trends.
Thanks
sonicvista12
We don't see things as they are - we see things as we are.
Hi Miss05 thanks for your post... ok, a weekly chart analyst... I've never gone beyond dailies, mainly because I'm an intraday trader, shorter time frames, 4hr, 1hr, 5 min..... but maybe i need to look at the weekly's as well? The way my current trade is going (or not going!) indicates price has found a top and has failed to break up through. This fascinates me.... how much should an intraday trader pay attention to a weekly chart, and how much should a long term trader pay attention to the hourly etc....? I've done pretty well using the shorter...
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I was the same, I thought a 30 pip move was great. Then I saw Miss05 doing a slightly longer term for 100's of pips and thought to myself I want a bit of that. Glad you joined the conversation sonic, the more the merrier.
A genius is born every minute, me I am lucky if my socks match.
