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priceaction1 journal

  • #121
  • Jul 9, 2014 1:42am Jul 9, 2014 1:42am
one of grates from fti. if I some one want obey only one line trading system here it is. " you have rubber band snap backs in the direction of trend directions,
and slow puffy moves counter trend."
don't predict direction, but dance with flow of water
  • #122
  • Edited 6:03am Jul 9, 2014 5:31am | Edited 6:03am
indicators. I tell you one thing it is all past, simple chart is more power full than these if you trade day light. for swing and position trade they are helpful for some extant. my main chart has only 14 CCI
don't predict direction, but dance with flow of water
  • #123
  • Jul 9, 2014 5:39am Jul 9, 2014 5:39am
cable at cross rode. my view about cable.
if there is any chance to bounce above side this is the place. it is 3rd try with sloppy nick line. let see cci 14 is also in-171.
Attached Image (click to enlarge)
Click to Enlarge Name: cableupdate.JPG Size: 66 KB
don't predict direction, but dance with flow of water
  • #124
  • Jul 9, 2014 5:41am Jul 9, 2014 5:41am
I am long in cable though
don't predict direction, but dance with flow of water
  • #125
  • Jul 9, 2014 5:54am Jul 9, 2014 5:54am
Quoting priceaction1
why I short in euro. {image}
close.
don't predict direction, but dance with flow of water
  • #126
  • Jul 9, 2014 6:00am Jul 9, 2014 6:00am
Quoting priceaction1
No 1 only long if neck line break. not most likely. No 2 most power full as cheif fti says the price move in direction of trand like rubber band. and correction is like lethargic slow. we see in eur the down side is like rubber band fast move, and up side is lethargic so trend is down. No3 price is at resistance level i.e 1.3560-90 area, we know that price never move in state line so it is the likely area where price movie to up side till 1.3630-50 area. No4 price hit 38.2 fib ratio. from top. so what we do. Not...
day trade in and out, swing trade still short. sl/rescue above 1.3660 area fro swing trade.
don't predict direction, but dance with flow of water
  • #127
  • Jul 9, 2014 6:54am Jul 9, 2014 6:54am
why ignored person visit me. olo
don't predict direction, but dance with flow of water
  • #128
  • Jul 9, 2014 7:04am Jul 9, 2014 7:04am
Quoting priceaction1
cable at cross rode. my view about cable. if there is any chance to bounce above side this is the place. it is 3rd try with sloppy nick line. let see cci 14 is also in-171. {image}
so this is
https://charts.mql5.com/5/172/gbpusd...g-point-of.png
don't predict direction, but dance with flow of water
  • #129
  • Jul 9, 2014 7:07am Jul 9, 2014 7:07am
cable ---- close eye on 4H . if candle is larger than last one it is good sing for bulls.
don't predict direction, but dance with flow of water
  • #130
  • Jul 9, 2014 7:13am Jul 9, 2014 7:13am
Quoting priceaction1
cable ---- close eye on 4H . if candle is larger than last one it is good sing for bulls.
But we still have 160min to close this candle!
  • #131
  • Jul 9, 2014 7:18am Jul 9, 2014 7:18am
yes see it after that till that take protective action if set up failed. simple isn't it.
don't predict direction, but dance with flow of water
  • #132
  • Jul 9, 2014 7:26am Jul 9, 2014 7:26am
any news!!! euro and cable run. it is strong.
don't predict direction, but dance with flow of water
  • #133
  • Jul 9, 2014 7:27am Jul 9, 2014 7:27am
Quoting priceaction1
yes see it after that till that take protective action if set up failed. simple isn't it.
yes.you are right. So you are still looking for the spike that would hunt the stop loss
  • #134
  • Jul 9, 2014 7:32am Jul 9, 2014 7:32am
yes I am looking for it for swing trade though daytrade in out there.
don't predict direction, but dance with flow of water
  • #135
  • Jul 9, 2014 7:33am Jul 9, 2014 7:33am
Quoting priceaction1
any news!!! euro and cable run. it is strong.
could it be unwinding of position before fomc?

euro entering your sell zone
  • #136
  • Jul 9, 2014 7:41am Jul 9, 2014 7:41am
Quoting kinky
{quote} could it be unwinding of position before fomc? euro entering your sell zone
yes it is!! now looking set up for 1/10 entry keeping up side risk in mind.
don't predict direction, but dance with flow of water
  • #137
  • Jul 9, 2014 7:54am Jul 9, 2014 7:54am
book some profit in cable
don't predict direction, but dance with flow of water
  • #138
  • Jul 9, 2014 8:06am Jul 9, 2014 8:06am
now look cable in this way. these are killing zone. clear thing is above 1.7160 and bellow 1.7090.

https://charts.mql5.com/5/173/gbpusd...g-point-of.png
don't predict direction, but dance with flow of water
  • #139
  • Jul 9, 2014 9:14am Jul 9, 2014 9:14am
as per plan I am short in euro with tight stop loss at BE now.
don't predict direction, but dance with flow of water
  • #140
  • Jul 9, 2014 10:21am Jul 9, 2014 10:21am
I need fed back from all of you . plz keep in mind that I have losing trades too.
don't predict direction, but dance with flow of water
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