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Genuine 5m 4R/R system

  • #161
  • Jun 3, 2014 9:45am Jun 3, 2014 9:45am
Quoting Kitara
Hello rifid and all, I took the A/U break down. Seeing if it'll go back to the low of .9235 area. rifid, you put in some long hours!! Do you trade up until NY lunch, or is this a longer day than usual for you? I've been trading now for a little under 10 years. I find the longer I do this, the lazier I become. Meaning the less screen time I want to do So now I do a one entry system on A/U every day except the high news days. Which means less than 10 trades a month now. My husband does a swing system using a 4 hour geppy chart. However, I like...
I'm in the a/u at the moment aswell, i love the challenge of trading { not to mention the money} but it can get boring sometimes, i am finding this thread very interesting, talking to different people, getting opinions and somtimes a different slant on things ,i've been trading for 8yrs but always open to new ideas.
patience is bitter, but its fruit is sweet
  • #162
  • Jun 3, 2014 9:48am Jun 3, 2014 9:48am
Quoting rifid
{quote} If your patient and are prepared to wait for good set ups you will get 50% easily. with trading its a numbers game ,the more good setups you find the more trades/wins you get. But one person can scan only so many pairs at once , thats why if we work together and advise each other of pending setups it takes a lot of load of the individual.Many pending setups dont actually form into trades but its good to notified of them so they can be monitored. Make sense?

Yes I understand, I like the trading alliance idea
In the end its just a stupid numbers game
  • #163
  • Jun 3, 2014 9:49am Jun 3, 2014 9:49am
Nz/us would have been a nice one did anyone see that?
patience is bitter, but its fruit is sweet
  • #164
  • Jun 3, 2014 9:52am Jun 3, 2014 9:52am
Quoting rifid
Nz/us would have been a nice one did anyone see that?
Entry was at 0.84545...
Itchy Spirit Return This Year: na
  • #165
  • Jun 3, 2014 9:52am Jun 3, 2014 9:52am
USD/CAD order cancelled, also... New low... Although I suspect it's still going to run up... Could be wrong... Will see...
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  • #166
  • Jun 3, 2014 9:53am Jun 3, 2014 9:53am
  •  Kitara
  • | Joined Mar 2008 | Status: This space for rent...call for info | 128 Posts
Might not get my cocktail money on this one. Looks like AU is now trying to form a triangle to breakout to the upside. This pair might be running out of steam because of the time of day. Do you see what I'm seeing? Would you close the trade, stop and reverse, or keep the original trade and play to still target the longer TF S/R?
  • #167
  • Jun 3, 2014 9:55am Jun 3, 2014 9:55am
Quoting Spiritwalker
{quote} Entry was at 0.84545...
great if you got it,let us know next time ,share the love
patience is bitter, but its fruit is sweet
  • #168
  • Jun 3, 2014 10:00am Jun 3, 2014 10:00am
Quoting Kitara
Might not get my cocktail money on this one. Looks like AU is now trying to form a triangle to breakout to the upside. This pair might be running out of steam because of the time of day. Do you see what I'm seeing? Would you close the trade, stop and reverse, or keep the original trade and play to still target the longer TF S/R?
I am monitoring this trade closely,as it is not playing the game ,i have cheated and already gone to b/e
patience is bitter, but its fruit is sweet
  • #169
  • Jun 3, 2014 10:00am Jun 3, 2014 10:00am
Quoting rifid
{quote} I'm in the a/u at the moment aswell, i love the challenge of trading { not to mention the money} but it can get boring sometimes, i am finding this thread very interesting, talking to different people, getting opinions and somtimes a different slant on things ,i've been trading for 8yrs but always open to new ideas.

rifid,

Can you show a screenchart of your chart on the A/U so I can get the right perspective on bar counts
  • #170
  • Jun 3, 2014 10:06am Jun 3, 2014 10:06am
  •  Kitara
  • | Joined Mar 2008 | Status: This space for rent...call for info | 128 Posts
Well, short term trend is down, so I'll let it just hang out for now. Beautiful day here, so I'm off to go get some sun. Just double checking to make sure there is no FOMC news coming up that will whip me out with spreads. Don't need to make that mistake too many times before you learn, lol. But looks like it's going to be a quiet US afternoon.
Have a great day everyone!
  • #171
  • Jun 3, 2014 10:08am Jun 3, 2014 10:08am
Quoting spyderman
{quote} rifid, Can you show a screenchart of your chart on the A/U so I can get the right perspective on bar counts
No charts at the moment ,but entry was at 92548 on the 1640time candle ,i dont know if the time would correspond on your chart
patience is bitter, but its fruit is sweet
  • #172
  • Jun 3, 2014 10:21am Jun 3, 2014 10:21am
anyone know what triggered that plunge on nz,? beautiful setup that was
patience is bitter, but its fruit is sweet
  • #173
  • Jun 3, 2014 10:23am Jun 3, 2014 10:23am
Hello guys.
I'm in this one. How do you think about this setup? Good or bad?
Attached Image (click to enlarge)
Click to Enlarge Name: audusd.png Size: 14 KB
  • #174
  • Jun 3, 2014 10:25am Jun 3, 2014 10:25am
Quoting rifid
anyone know what triggered that plunge on nz,? beautiful setup that was
NZD, Fonterra's Global Dairy Trade price index falls 4.2%

Could have been that...
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  • #175
  • Jun 3, 2014 10:26am Jun 3, 2014 10:26am
Might be interesting.
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.png Size: 25 KB
  • #176
  • Jun 3, 2014 10:29am Jun 3, 2014 10:29am
Quoting pipmunks
Hello guys. I'm in this one. How do you think about this setup? Good or bad? {image}
hope it gets there for you, not a convincing one for me though, i would prefer to wait for a more convincing trend change,
patience is bitter, but its fruit is sweet
  • #177
  • Jun 3, 2014 10:30am Jun 3, 2014 10:30am
Quoting pipmunks
Might be interesting. {image}
Think this was the right trade there :
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.png Size: 18 KB
Itchy Spirit Return This Year: na
  • #178
  • Jun 3, 2014 10:31am Jun 3, 2014 10:31am
Quoting Spiritwalker
{quote} NZD, Fonterra's Global Dairy Trade price index falls 4.2% Could have been that...
Milk just curdled eh
patience is bitter, but its fruit is sweet
  • #179
  • Jun 3, 2014 10:35am Jun 3, 2014 10:35am
Quoting Spiritwalker
{quote} Think this was the right trade there : {image}
WHeres the POINT to POINT?
patience is bitter, but its fruit is sweet
  • #180
  • Jun 3, 2014 10:35am Jun 3, 2014 10:35am
Quoting rifid
{quote} Milk just curdled eh
Hahahaha! It's the only news I saw out of NZD... Don't have a clue what caused that drop...
Itchy Spirit Return This Year: na
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