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Eat, Pray, Trade

  • #61
  • Apr 25, 2014 12:42pm Apr 25, 2014 12:42pm
Just noticed that there is a time zone difference shown on MT4 charts. I wonder if it will affect trading. Shouldn't charts all use the same timezones or at least all show the same thing?
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A 1 pip gain is better than a 1 pip loss.
  • #62
  • Apr 28, 2014 9:33am Apr 28, 2014 9:33am
XAUUSD 4H

The Doji from the morning around 61.8 fib level brought us these bearish bars. We are currently crashing down from previous highs of 1306.xx.

1H wants to go up but 4H wants to go down. I see price consolidating here, so we can expect 1295/6 again. We may potentially go lower to 1283.

I achieved my 5% for the day although I have negative unclosed trades. Will take the time to close them over the week.
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A 1 pip gain is better than a 1 pip loss.
  • #63
  • Apr 28, 2014 9:41am Apr 28, 2014 9:41am
GBPUSD

Another pair I was looking at. Formed a 4H doji at Resistance pivot, and goodbye it went. Should continue lower but I'm taking scalps for now. It definitely wants 1.6785.
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A 1 pip gain is better than a 1 pip loss.
  • #64
  • Apr 29, 2014 8:41am Apr 29, 2014 8:41am
Initially had a buy of XAGUSD with TP 19.5. Apparently I closed it after seeing a small profit and it actually hit my TP after I closed it. Lost out on almost 2-3% of profit. What a waste.

Note to self: No more closing early.
A 1 pip gain is better than a 1 pip loss.
  • #65
  • Apr 29, 2014 10:59am Apr 29, 2014 10:59am
Quoting aeternum
Initially had a buy of XAGUSD with TP 19.5. Apparently I closed it after seeing a small profit and it actually hit my TP after I closed it. Lost out on almost 2-3% of profit. What a waste. Note to self: No more closing early.
Again with my EURJPY. Had short from 142.366 TP 141.61 and yet I closed it when I had short profits. My mind is confused between scalping and swing trading.
A 1 pip gain is better than a 1 pip loss.
  • #66
  • Apr 29, 2014 11:03am Apr 29, 2014 11:03am
Quoting aeternum
{quote} again with my eurjpy. Had short from 142.366 tp 141.61 and yet i closed it when i had short profits. My mind is confused between scalping and swing trading.
set them trades and sleep.
A 1 pip gain is better than a 1 pip loss.
  • #67
  • Apr 30, 2014 6:12am Apr 30, 2014 6:12am
XAGUSD chance of seeing 18.75 with further lows. Up top we have 19.53 followed by 20.31. I would look for it to go higher. This is a region of heavy support.
A 1 pip gain is better than a 1 pip loss.
  • #68
  • Apr 30, 2014 6:51am Apr 30, 2014 6:51am
Quoting aeternum
XAGUSD chance of seeing 18.75 with further lows. Up top we have 19.53 followed by 20.31. I would look for it to go higher. This is a region of heavy support.
It will definitely see 19.53 again.
A 1 pip gain is better than a 1 pip loss.
  • #69
  • Apr 30, 2014 7:03am Apr 30, 2014 7:03am
Look for 1296.875. If it breaks 1283, we will go much much lower.
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A 1 pip gain is better than a 1 pip loss.
  • #70
  • Apr 30, 2014 7:32am Apr 30, 2014 7:32am
Quoting aeternum
Look for 1296.875. If it breaks 1283, we will go much much lower. {image}
There we go.
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A 1 pip gain is better than a 1 pip loss.
  • #71
  • Apr 30, 2014 7:40am Apr 30, 2014 7:40am
XAGUSD will see 19.53 soon.
A 1 pip gain is better than a 1 pip loss.
  • #72
  • Apr 30, 2014 8:21am Apr 30, 2014 8:21am
Quoting aeternum
{quote} There we go. {image}
Despite seeing 1296.875 for a while. We are going lower for some unknown reason. It should go for 1281.25 if it proceeds any lower. But it would most likely get there.
A 1 pip gain is better than a 1 pip loss.
  • #73
  • Apr 30, 2014 11:47am Apr 30, 2014 11:47am
Look for silver to get up to 19.53 - 19.92.
A 1 pip gain is better than a 1 pip loss.
  • #74
  • Apr 30, 2014 12:00pm Apr 30, 2014 12:00pm
Bearish divergence on EURUSD. Short 1.3868 TP 1.3842.

New charts with super messy indicators. I might remove the MAs soon, they don't really help me in my search for direction at all.
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A 1 pip gain is better than a 1 pip loss.
  • #75
  • Apr 30, 2014 1:12pm Apr 30, 2014 1:12pm
Quoting aeternum
Look for silver to get up to 19.53 - 19.92.
Breaking 18.75 will invalid all longs.
A 1 pip gain is better than a 1 pip loss.
  • #76
  • May 1, 2014 1:54am May 1, 2014 1:54am
GBPUSD seems like it will touch 1.69 and then fall back to 1.685.
A 1 pip gain is better than a 1 pip loss.
  • #77
  • May 1, 2014 2:01am May 1, 2014 2:01am
AUDUSD 4H

If it falls from here, it will go to 0.92163, lower will look for 0.91553. The latter should be reachable.
A 1 pip gain is better than a 1 pip loss.
  • #78
  • May 1, 2014 3:31am May 1, 2014 3:31am
Quoting aeternum
GBPUSD seems like it will touch 1.69 and then fall back to 1.685.
It just broke 1.69.
A 1 pip gain is better than a 1 pip loss.
  • #79
  • May 1, 2014 4:51am May 1, 2014 4:51am
Quoting aeternum
{quote} Despite seeing 1296.875 for a while. We are going lower for some unknown reason. It should go for 1281.25 if it proceeds any lower. But it would most likely get there.
Just touched 1281.25. Seems like it wants to go down but this is an area of support. 78.6 fib sits at 1276.426. We need to break out of the descending trendline for a burst up.
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A 1 pip gain is better than a 1 pip loss.
  • #80
  • May 1, 2014 5:00am May 1, 2014 5:00am
Quoting aeternum
Look for silver to get up to 19.53 - 19.92.
The doji from 2 hours ago is helping Silver get back higher. I would like to see it continue until my TP is hit.
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A 1 pip gain is better than a 1 pip loss.
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