Learn to Trade is Important. Keep your bias & ego aside.
- #383
- Jul 14, 2014 12:30am Jul 14, 2014 12:30am
Very nice system and thanks for sharing with us. I have been trading the heavy support/resistance on the Day charts past few weeks with descent results. I will be trying out the trend breakouts as well. Good luck to you and keep the posts coming 
AUD/USD broken out of its downtrend, and is poise for more upside gain.
I will wait and monitor price movement before doing a long entry.
Take note of upcoming aud related news like monetary minutes etc could cause big movement.
A good entry would be at price near 0.9380 and not near 0.9400 with SL stretch to the 60s as the 70s got strong support with trend line support.
This pair could be very dangerous towards risk or rewards as the aud news could shake 1 off.
I will wait and monitor price movement before doing a long entry.
Take note of upcoming aud related news like monetary minutes etc could cause big movement.
A good entry would be at price near 0.9380 and not near 0.9400 with SL stretch to the 60s as the 70s got strong support with trend line support.
This pair could be very dangerous towards risk or rewards as the aud news could shake 1 off.
Learn to Trade is Important. Keep your bias & ego aside.
Very nice system and thanks for sharing with us. I have been trading the heavy support/resistance on the Day charts past few weeks with descent results. I will be trying out the trend breakouts as well. Good luck to you and keep the posts coming
some amazing information here thanks for the post, im trying my best to learn whats needed.
Learn to Trade is Important. Keep your bias & ego aside.
GBP support zone of 1.7105 - 1.7110 once again prove its strength as price bounce to the high of 4x but rebounce back upon touch the strong resistance again {image}
>Anyway a couple of minutes ago GU touch the low again and bounce. It could be a warning that buyer is spotted at there and GU could rally much higher.
>I initiate a long on
GU and EURCHF at current price.
with limited stop loss around 30 pips each. Both carry certain level of risk, but EURCHF should be safer.
1 thing I do most of the time is i will switch to M1 chart to watch price action at the level that I monitoring.
But my trend line & Heavy support/resistance is mainly base on H1 or H4 chart
Learn to Trade is Important. Keep your bias & ego aside.
- #390
- Jul 14, 2014 11:54pm Jul 14, 2014 11:54pm
Trade for today
Going for another GU long, although the previous 1 bite me yesterday due to speculating without any trend support, just purely assume trend will hold
and support will hold.
Today entry is more of a follow the rule type.
Going for another GU long, although the previous 1 bite me yesterday due to speculating without any trend support, just purely assume trend will hold
and support will hold.
Today entry is more of a follow the rule type.
Learn to Trade is Important. Keep your bias & ego aside.
Trade for today {image} Going for another GU long, although the previous 1 bite me yesterday due to speculating without any trend support, just purely assume trend will hold and support will hold. Today entry is more of a follow the rule type.
+70 pips in a short period of time !!
Yesterday loss recovered with Extra money
Learn to Trade is Important. Keep your bias & ego aside.
- #396
- Jul 16, 2014 12:25am Jul 16, 2014 12:25am
Long Term Down Trend Line of USD CAD going to be test with Short Term Up Trend Line ( H1/H4 ) going to be test too.
A Nice entry will be reveal soon
> No Entry Yet <
A Nice entry will be reveal soon
> No Entry Yet <
Learn to Trade is Important. Keep your bias & ego aside.
- #398
- Jul 16, 2014 12:26am Jul 16, 2014 12:26am
AUD/USD Key Support area is here !
*Risky - Counter Trend Play*
A SL of 20 pips will be nicely play
Targetting a 1:1 Risk Reward is not impossible at this play.
* I entered on my account too for this play *
*Risky - Counter Trend Play*
A SL of 20 pips will be nicely play
Targetting a 1:1 Risk Reward is not impossible at this play.
* I entered on my account too for this play *
Learn to Trade is Important. Keep your bias & ego aside.
- #399
- Edited 2:59am Jul 16, 2014 2:22am | Edited 2:59am
AUD/USD Key Support area is here ! *Risky - Counter Trend Play* {image} A SL of 20 pips will be nicely play Targetting a 1:1 Risk Reward is not impossible at this play. * I entered on my account too for this play *
IF YOU FOLLOW THIS !! You are up 20-2 pip spread = 18 pips. almost 1 Risk : 0.9 Reward already !!
My thread was posted at 0.9331, now is 0.9351
SL in profit at 0.9343
Learn to Trade is Important. Keep your bias & ego aside.
