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Financial Freedom System Archive 5 replies
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Fishing System Trades Archive 4 replies
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Forex data archive? 7 replies
Disliked{quote} Are you watching this Al? GBP/USD has recently made a series of HCR's, which are being confirmed with PA as we speak. I too am looking for retracements, but I want to see them fail and subsequently turn PA. That being said, I'm looking for PA on G/U in the H4 or D1, but I think it'll be H4 on this one. Chart: {image} Take care, W.Ignored
Disliked{quote} Hey Donaciello, I think gbpusd is in traffic so i'll pass on that. Now concerning the audnzd pair this is my take on it. Looking at the consolidation on the left side of the buob I will take the trade if it closes above all the bar highs there but does not touch the next trouble area 1.0841 i've shown. Al {image}Ignored
Disliked{quote} Hey Donaciello, I think gbpusd is in traffic so i'll pass on that. Now concerning the audnzd pair this is my take on it. Looking at the consolidation on the left side of the buob I will take the trade if it closes above all the bar highs there but does not touch the next trouble area 1.0841 i've shown. Al {image}Ignored
DislikedAUD/NZD has succesfully made a BUOB and confirmed it by by exceeding it's high after NY closed. Therefor two entries have opened up, both with 70 units, one for TP @ FTA and one to run. TP1 = 1.0887 (slightly under the boxes ceilings) A simple, don't mess with the SL too quickly will suffice for the first half, but for the second half I want be at BE. I have chosen for a Relative Break-even point (1.0777) {image} Then, once price closes higher than 1.09, the SL will be moved up to 1.0795, still allowing it space to retrace, but a slight profit is...Ignored
Disliked{quote} Entry-levels were hit, just prior to me opening up the orders. I was writing an e-mail, where as I should have hoover my mouse at the submit button. A bit like the guy who cleans the fish tank 15 sec. before market open, in 'Wolf of Wallst.' Anyway, the entry plan slightly changed, as I used a buy stop (1.08603) instead of a buy limit (1.0832); a change for which I accounted in risk by using 112 units instead of 140. The stoploss remains unchanged.Ignored
Disliked{quote} Well I missed the AUDNZD trade. OK the train is gone and another one will be back.Ignored
DislikedA new week, new setups. I'll be less active over ..................... A touch of 91.95 will move the stop to BE. I'm very curious as to what will happen to my currently open AUD/NZD position this week. I'll be looking to cut it's risk this week, or close it altogether. Kind regards, WIgnored
Disliked{quote} Hey D, just entered the eurnzd trade the 1.5900 is crucial FTA where I would pocket my profit. and take a break out using a 4hr or 1hr TF to trade the breakout of the squeeze pattern forming. The chart below shows it . About the cadjpy trade you are planning to take i think you should be wary of the 92.00RN just below the 2 week PB. I think a smooth break should get us there if we break the PB. Al {image}Ignored
Disliked{quote} A correct observation. The 1.5900 is very critical in the E/N trade, which is why TP is 3 pip above, but on approach, I'd TP as well (Taking in account spread could still keep me from T'ing P ). The 92 in CAD/JPY was accounted for with the BE manouvre at a touch of 91.95. Ofcourse I'm not going to bitch on a pip or 2 to reduce risk, so a touch of 91.98, or 92.02 before areversal, is fine too. SL > BE . Good setups posted on 'the thread' too! Keep it up! WIgnored
DislikedI've just opened up a pending Short on AUD/CHF. edit: position was entered A BEOB rejects the top of a box-consolidation, and breaks below (RN: 0.82). If price pulls back, it should be pushed out of it's prior consolidation, and therefore I'll close the position early if a H4 close > 0.823 happens. Plan: Retrace entry @ 0.8199 If H4 closes above 0.8230, exit. If 0.8165 is touched, stop moves down to 0.8227 If 0.8150 is touched, stop moves to 0.8205 No further intervention. Chart: {image}Ignored