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Rainbow similarity

  • #141
  • Aug 31, 2014 10:54pm Aug 31, 2014 10:54pm
Quoting Kmw
Hi Guys Knew there had to be something in multiple MA charts. I'm on my second go at currency trading, did very well first time demo so I started live trading 0.01 a couple of years ago only to see my account slowly draining out. Left the markets before that happened, but now time to try again, currently in demo, soon to go live again. In that time a couple of years ago I was playing with MA and placed 50 odd MAs onto a chart just as an experiment, all red and sure looked good but didn't know how to trade from the chart. Came across this...
so you wanna trade these crosses also?
  • #142
  • Aug 31, 2014 10:57pm Aug 31, 2014 10:57pm
long term charts yep, 4hr, day etc etc, scalping this morning
"You know what needs to be addressed , completely completely reverse that".
  • #143
  • Aug 31, 2014 10:58pm Aug 31, 2014 10:58pm
Quoting mario777
{quote} jimmy why not just trade and post charts like this if this is a perfect trade? Some of your trades are confusing maybe because you are against your rules.
thats the way it works for me, but in most cases i wrote "high risk" etc. to tell you its not the "perfect" trade.
  • #144
  • Aug 31, 2014 10:59pm Aug 31, 2014 10:59pm
Quoting Kmw
long term charts yep, 4hr, day etc etc, scalping this morning
and if its ranging, whats your exit plan?
  • #145
  • Aug 31, 2014 11:21pm Aug 31, 2014 11:21pm
GA:
first order for today - BUY
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  • #146
  • Sep 1, 2014 1:14am Sep 1, 2014 1:14am
Quoting jimmY213
GA: first order for today - BUY {image}
a good +100p. i took my profit because the MBFX is so high. looking for a re-entry
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  • #147
  • Sep 1, 2014 4:03am Sep 1, 2014 4:03am
does someone see a chance? looks like a boring monday
  • #148
  • Sep 1, 2014 4:19am Sep 1, 2014 4:19am
Quoting jimmY213
{quote} a good +100p. i took my profit because the MBFX is so high. looking for a re-entry {image}
i have a spread of 4 PIPS so i dont' take this trades
  • #149
  • Sep 1, 2014 4:37am Sep 1, 2014 4:37am
H1 short usd cad
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  • #150
  • Sep 1, 2014 4:48am Sep 1, 2014 4:48am
Quoting Pips200
H1 short usd cad {image}
nice set up!

EU:
sell
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  • #151
  • Sep 1, 2014 4:51am Sep 1, 2014 4:51am
Quoting jimmY213
{quote} nice set up! EU: sell {image}
  • #152
  • Sep 1, 2014 4:53am Sep 1, 2014 4:53am
Quoting jimmY213
{quote} nice set up! EU: sell {image}
eeur\jpy H1 what do you think for a sell? too early?
  • #153
  • Sep 1, 2014 4:55am Sep 1, 2014 4:55am
Quoting Pips200
{quote} eeur\jpy H1 what do you think for a sell? too early?
definitely to early! wait for CI and MBFX
  • #154
  • Sep 1, 2014 4:57am Sep 1, 2014 4:57am
Quoting jimmY213
{quote} definitely to early! wait for CI and MBFX
  • #155
  • Sep 1, 2014 5:22am Sep 1, 2014 5:22am
Really nice thread Jimmy

Count me in on this one
  • #156
  • Sep 1, 2014 5:25am Sep 1, 2014 5:25am
Quoting Mr.Ma
Really nice thread Jimmy Count me in on this one
thank you
  • #157
  • Sep 1, 2014 5:27am Sep 1, 2014 5:27am
Quoting Pips200
{quote} eeur\jpy H1 what do you think for a sell? too early?
entered EJ - sell
  • #158
  • Sep 1, 2014 5:46am Sep 1, 2014 5:46am
in this case without CI do you go short?
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  • #159
  • Sep 1, 2014 5:50am Sep 1, 2014 5:50am
Quoting Pips200
in this case without CI do you go short? {image}
yep i entered this too, because MBFX is yellow and its in rainbow trend direction.
  • #160
  • Sep 1, 2014 7:37am Sep 1, 2014 7:37am
GU:
BUY-closed because of the high MBFX
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