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Price Action and Trading Discussion

  • #5,021
  • May 5, 2014 6:25am May 5, 2014 6:25am
Quoting inad07
closed my previous position for +30 pips but still looking for short on GJ (H1) {image}
Break of this level could see 171.300 IMO

$GBPJPY http://screencast.com/t/9KnR5R7wgIs
  • #5,022
  • May 5, 2014 6:29am May 5, 2014 6:29am
Quoting njodogg
{quote} Break of this level could see 171.300 IMO $GBPJPY http://screencast.com/t/9KnR5R7wgIs
If it can break free of that 172.00 support level then indeed we could see the next support tested quite easily.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #5,023
  • May 5, 2014 6:33am May 5, 2014 6:33am
Quoting DarkWolF
USDJPY Daily: Are we going to see momentum push this one lower ? {image}
Stalling right on that trend line so far for today.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #5,024
  • May 5, 2014 6:43am May 5, 2014 6:43am
Quoting inad07
closed my previous position for +30 pips but still looking for short on GJ (H1) {image}
inad, break of this support is a indication to go short for you?
Passion, Persist, Patience, Protect
  • #5,025
  • May 5, 2014 7:03am May 5, 2014 7:03am
Ok pending short on GJ just got triggered
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Hourly pending 05-05.jpg Size: 162 KB
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #5,026
  • May 5, 2014 7:55am May 5, 2014 7:55am
Quoting FXEmpire
long on GJ off recent low, looking for 50+.. {image}
I'm with you Does that mean we're doomed?
  • #5,027
  • May 5, 2014 8:04am May 5, 2014 8:04am
Quoting jen101
{quote} I'm with you Does that mean we're doomed?
Ha Ha.. well either way one of us is. Still hasn't made a decisive break lower.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #5,028
  • May 5, 2014 8:04am May 5, 2014 8:04am
Quoting jen101
{quote} I'm with you Does that mean we're doomed?
I been doomed for last couple of months, quiet use to it by now, lol..

frigging shadow took me out of this long..
Passion, Persist, Patience, Protect
  • #5,029
  • May 5, 2014 8:11am May 5, 2014 8:11am
Quoting DarkWolF
{quote} Ha Ha.. well either way one of us is. Still hasn't made a decisive break lower.
Not necessarily. I have a big SL.
  • #5,030
  • May 5, 2014 8:48am May 5, 2014 8:48am
Well it is my first hourly trade in some time, not looking like a good start for me.
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
  • #5,031
  • May 5, 2014 9:07am May 5, 2014 9:07am
Quoting jen101
{quote} Not necessarily. I have a big SL.
I have a big one too
Howlin' at the Moon on the Roof
  • #5,032
  • May 5, 2014 9:17am May 5, 2014 9:17am
Quoting DarkWolF
Hi Guys, Just firing up for charts the first time today. Lets see what is going on
Kind of laziness wolf.....its easy in tradingview charting, analyse & publish in one click. So I dont make copy of it & more over I m posting from my work computer which doesnt have clipping tool for capturing image.

Quoting FXEmpire
{quote} he wants to makes us work hard wolf.. what kind of saint is this.. lol
Not making you work hard instead saving myself from working hard ..... Analyzing charts from work place is also not a saint thing, u know....

Quoting FXEmpire
{quote} saint I think this pair based on recent bear move is still in a dive mood.. for me it needs a bit more indication before going long.. wider db or longer cluster before counting it as a real support, could be hit a brick wall 30-40 pips deeper. just my take..
You are not wrong in waiting for extra confirmation.... actually as I told, due to my ordeal of maintaining profession & trading at same time, I dont wait for extra confirmations instead shoot for anything with good R:R & good W:L probability. Yes, I agree with your comment.
Risk / Trade Management is the name of the Game
  • #5,033
  • May 5, 2014 9:19am May 5, 2014 9:19am
short on gbpaud.. I am looking for another devilish spank
Attached Image (click to enlarge)
Click to Enlarge Name: gbpaud.ih1.png Size: 66 KB
Passion, Persist, Patience, Protect
  • #5,034
  • May 5, 2014 9:28am May 5, 2014 9:28am
Quoting FxSaint
{quote} Not making you work hard instead saving myself from working hard ..... Analyzing charts from work place is also not a saint thing, u know.... {quote} You are not wrong in waiting for extra confirmation.... actually as I told, due to my ordeal of maintaining profession & trading at same time, I dont wait for extra confirmations instead shoot for anything with good R:R & good W:L probability. Yes, I agree with your comment.
you d man brother wish the best for you..

everyone's got different agenda and plan to make it work and fit for themselves.
Passion, Persist, Patience, Protect
  • #5,035
  • May 5, 2014 9:36am May 5, 2014 9:36am
long on af.. taking it from recent bottom..

looking to get bottom-err, lol.. the way this sob is been acting that's what most likely will happen..
Attached Image (click to enlarge)
Click to Enlarge Name: audchf.ih1.png Size: 71 KB
Passion, Persist, Patience, Protect
  • #5,036
  • May 5, 2014 9:46am May 5, 2014 9:46am
check out this damn shadow.. one reason why this market is such a beast
it took me out of my long and at the same time trigged a few people short in here.. and now it's back up.
who knows what's in store but it's been playing us like a drum.. bastard, lol

well, I am not backing down, lol.. sticking with going with re-entry.. this baby is not going to run up with out meeeee...
and I will punish it for +70 this time.. you got that jennyyyy..
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.ih1.png Size: 67 KB
Passion, Persist, Patience, Protect
  • #5,037
  • May 5, 2014 10:02am May 5, 2014 10:02am
Quoting FXEmpire
check out this damn shadow.. one reason why this market is such a beast it took me out of my long and at the same time trigged a few people short in here.. and now it's back up. who knows what's in store but it's been playing us like a drum.. bastard, lol well, I am not backing down, lol.. sticking with going with re-entry.. this baby is not going to run up with out meeeee... and I will punish it for +70 this time.. you got that jennyyyy.. {image}

here we go just got triggered long along with gchf..
Passion, Persist, Patience, Protect
  • #5,038
  • May 5, 2014 10:36am May 5, 2014 10:36am
Reading this thread today has reminded me why I don't ever try and trade breakouts
  • #5,039
  • May 5, 2014 11:15am May 5, 2014 11:15am
Quoting Wolf_Wicked
{quote} I have a big one too
Seriously though, my SL is massive.. All Aussies have massive SL's
Howlin' at the Moon on the Roof
  • #5,040
  • May 5, 2014 4:26pm May 5, 2014 4:26pm
Quoting DarkWolF
Ok pending short on GJ just got triggered {image}
Stopped.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY Hourly stopped.jpg Size: 178 KB
Twitter - DarkWolF@OzForexTrader - Facebook Page - link in post 1
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