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Guccilicious

  • #321
  • Jul 11, 2014 8:35am Jul 11, 2014 8:35am
Quoting WDays
Just dropping this off here Looking like a continuation pattern to me, trading within the channel so far, however am more biased for a break to the downside. {image}
I also draw a channel like you, but can not patient keep my order longer
  • #322
  • Jul 11, 2014 8:42am Jul 11, 2014 8:42am
if this candle doesn't break above blue line, I think it will move south
Attached Image (click to enlarge)
Click to Enlarge Name: eurcadm15.png Size: 53 KB
the cautious seldom err....C
  • #323
  • Edited 9:09am Jul 11, 2014 8:58am | Edited 9:09am
looks like a nice short on H1 U/Cad in 2 mins. Would have preferred a shooting star but it evolved into a doji instead
the cautious seldom err....C
  • #324
  • Jul 11, 2014 9:16am Jul 11, 2014 9:16am
H1 U/Cad. Wait for candle close in 45 minutes. Will short if price close below doji high
the cautious seldom err....C
  • #325
  • Jul 11, 2014 9:27am Jul 11, 2014 9:27am
Quoting tieutri
{quote} I also draw a channel like you, but can not patient keep my order longer
I also suffer from the old itchy hands... Which is why I use M15-H1 to trade. I target nearest ppa areas (which I get off h4) for profits. See attached for today's move. The 1.4460 area held yesterday, and despite a trendline break, price was bound to react there. First one is at london open, with a cross and close of the frankfurt candle between the 10 and 21 MAs, a dozen pips drawdown, then a pretty neat drop, from which moment on you can add positions with m15...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: euraudh4.png Size: 111 KB
Click to Enlarge Name: euraudh1.png Size: 100 KB
  • #326
  • Jul 11, 2014 10:53am Jul 11, 2014 10:53am
re-entered short as it came down below blue horizontal line. Lost 30 pips earlier. Will close shop if this is a loser. Stopped out for 48 with Cad/Y (earlier long made 30). Therefore -18 with Cad/Y.
Attached Image (click to enlarge)
Click to Enlarge Name: eurcadh1.png Size: 59 KB
the cautious seldom err....C
  • #327
  • Jul 11, 2014 11:08am Jul 11, 2014 11:08am
Quoting pips29
re-entered short as it came down below blue horizontal line. Lost 30 pips earlier. Will close shop if this is a loser. Stopped out for 48 with Cad/Y (earlier long made 30). Therefore -18 with Cad/Y. {image}
It looks like you are trying to pusha stone up a hill. You are being bullish on CAD, which is driven lower by the negative employment data. It won't turn yet, and chances are it keeps on going higher, just my 2 cents.
  • #328
  • Jul 11, 2014 11:43am Jul 11, 2014 11:43am
Quoting WDays
{quote} It looks like you are trying to pusha stone up a hill. You are being bullish on CAD, which is driven lower by the negative employment data. It won't turn yet, and chances are it keeps on going higher, just my 2 cents.
you are right. Close shop now. cheers
the cautious seldom err....C
  • #329
  • Jul 12, 2014 9:51am Jul 12, 2014 9:51am
Quoting WDays
{quote} I also suffer from the old itchy hands... Which is why I use M15-H1 to trade. I target nearest ppa areas (which I get off h4) for profits. See attached for today's move. The 1.4460 area held yesterday, and despite a trendline break, price was bound to react there. First one is at london open, with a cross and close of the frankfurt candle between the 10 and 21 MAs, a dozen pips drawdown, then a pretty neat drop, from which moment on you can add positions with m15... {image} {image}
I am also take trade in H1 but my plan does not allow to add order. I still continue to learn and experience.
  • #330
  • Jul 12, 2014 9:57am Jul 12, 2014 9:57am
Quoting pips29
{quote} you are right. Close shop now. cheers
Brother, I believe that it is only a small loss of hundreds of pips you earn in this week. I look forward to continuing with you next week
  • #331
  • Jul 12, 2014 2:18pm Jul 12, 2014 2:18pm
Quoting tieutri
{quote} I am also take trade in H1 but my plan does not allow to add order. I still continue to learn and experience.
It's good to add if you know how. Perhaps when you add, just add 1/2 of what you already had in the first place so that if added portion does not work out you probably come out at b/e because the first trade will bring you enough profit to cover for the loss
the cautious seldom err....C
  • #332
  • Jul 12, 2014 2:20pm Jul 12, 2014 2:20pm
Quoting tieutri
{quote} Brother, I believe that it is only a small loss of hundreds of pips you earn in this week. I look forward to continuing with you next week
Thanks bro., I will try to win
the cautious seldom err....C
  • #333
  • Jul 12, 2014 2:29pm Jul 12, 2014 2:29pm
My trades on the daily chart did not work out. I am out of all trades taken on the daily except N/U. I am out of E/U at b/e as candle was a doji. Will be sticking to tfs lower than daily but of course would check daily and monthly for S/R. As part of my trading I draw lines of S/R on the daily
the cautious seldom err....C
  • #334
  • Jul 14, 2014 6:34am Jul 14, 2014 6:34am
Quoting pips29
{quote} It's good to add if you know how. Perhaps when you add, just add 1/2 of what you already had in the first place so that if added portion does not work out you probably come out at b/e because the first trade will bring you enough profit to cover for the loss
First day of week was tired because i hava stayed up all night cheering for team Germany
Thanks for your instructions
  • #335
  • Jul 14, 2014 7:30am Jul 14, 2014 7:30am
took this long earlier. Wicks above. Not looking for much as I am still £ bullish .Was waiting for K to post before I make my 1st posting of the week Just close 20% with 27 pips
Attached Image (click to enlarge)
Click to Enlarge Name: pic1.png Size: 58 KB
the cautious seldom err....C
  • #336
  • Jul 14, 2014 7:34am Jul 14, 2014 7:34am
another trade. Though this pair might still go up, I believe a retracement to fib38.2 is likely
Attached Image (click to enlarge)
Click to Enlarge Name: pic2.png Size: 58 KB
the cautious seldom err....C
  • #337
  • Edited 8:09am Jul 14, 2014 7:45am | Edited 8:09am
taken 30% off for 29 pips, another 20% taken for 37pips leaving 50% for tp (1.7022)
Attached Image (click to enlarge)
Click to Enlarge Name: pic3.png Size: 58 KB
the cautious seldom err....C
  • #338
  • Jul 14, 2014 9:04am Jul 14, 2014 9:04am
Quoting pips29
took this long earlier. Wicks above. Not looking for much as I am still £ bullish .Was waiting for K to post before I make my 1st posting of the week Just close 20% with 27 pips {image}
I also see price pass 200ema on H1 and form PB but I don’t trade. Perhaps the gap between the pro and the newbie is: Psychology. I'm afraid of losing.
Congratulations to you.
  • #339
  • Jul 14, 2014 9:20am Jul 14, 2014 9:20am
anyone looking at this. Might go long when price breaks and closes above trendline on H4. On daily chart, price rejected 200ema and bounces up. Looking left you will see support too (on daily). If long is taken it will be based on analysis on daily as you will notice a long wd mean trading towards H4 200ema but away from daily 200ema
Attached Image (click to enlarge)
Click to Enlarge Name: pic4.png Size: 55 KB
the cautious seldom err....C
  • #340
  • Jul 14, 2014 10:27am Jul 14, 2014 10:27am
Quoting tieutri
{quote} First day of week was tired because i hava stayed up all night cheering for team Germany Thanks for your instructions
so you made some money last night
the cautious seldom err....C
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