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The similarity system

  • #7,561
  • Sep 8, 2014 3:03am Sep 8, 2014 3:03am
Short again at 2945.
Will add more if higher to max 60
Will add more on break lowerof 18
A pip is only worth it if you know how much you risked to earn it
  • #7,562
  • Sep 8, 2014 3:04am Sep 8, 2014 3:04am
Quoting vlady1974
Short again at 2945. Will add more if higher to max 60 Will add more on break lowerof 18
lol, hmmm. same trade same time nice.
  • #7,563
  • Sep 8, 2014 3:05am Sep 8, 2014 3:05am
Quoting ephisi
Hello guys, Hope you're all pipping. Levels im looking at for short.1.2953/58, 1.2988 and 1.2919 observe price action around these numbers. vlady1974 Hope youve been pipping mate
Hello Eph.Good to have you back. Yes, Pipping Machine is oiled and rolling steadily
A pip is only worth it if you know how much you risked to earn it
  • #7,564
  • Sep 8, 2014 3:06am Sep 8, 2014 3:06am
Quoting ephisi
{quote} lol, hmmm. same trade same time nice.
Hahaha yes. It's my daily Train Trade.Gonna try and hold these bad boys for deep 1.28
A pip is only worth it if you know how much you risked to earn it
  • #7,565
  • Sep 8, 2014 3:09am Sep 8, 2014 3:09am
Quoting vlady1974
{quote} Hahaha yes. It's my daily Train Trade.Gonna try and hold these bad boys for deep 1.28
same here bro 1.2750 ish. not easy to get a trade right with 10pip sl. so if i get it right im holding
  • #7,566
  • Sep 8, 2014 3:11am Sep 8, 2014 3:11am
Quoting probabilita
{quote} This means, if it touch the mid of BB in M5 or M15, but Not close above it, it is a signal for Sell at that point ? Shall we look at M5 or M15 in this case ? Edit: i think i should look at the Close of bigger TF , in this case M15, then do action. Is it right ? And 2942 is interesting price at the moment for me .... it is the mid of BB in M15 and top BB in M5. Edit again: But the mid of Tz is about 29444 ... so 2942 - 2944 could be the top .
There you go! 2945 was my entry See the failure on the 15M mid and Cobb on the 5M?
A pip is only worth it if you know how much you risked to earn it
  • #7,567
  • Sep 8, 2014 3:11am Sep 8, 2014 3:11am
Quoting vlady1974
{quote} Hello Eph.Good to have you back. Yes, Pipping Machine is oiled and rolling steadily

Good to be back bro. but decided to post and read less while trading. To enable me be more effective.
  • #7,568
  • Sep 8, 2014 3:35am Sep 8, 2014 3:35am
Quoting ephisi
{quote} Good to be back bro. but decided to post and read less while trading. To enable me be more effective.
Yeah, just got into work so gonna be the same for me.
I'll post when I can.

Good luck to everyone this week. Green pips!
A pip is only worth it if you know how much you risked to earn it
  • #7,569
  • Sep 8, 2014 5:27am Sep 8, 2014 5:27am
Quoting vlady1974
{quote} There you go! 2945 was my entry See the failure on the 15M mid and Cobb on the 5M?
Nice work mate I am also in at 45

We are going to have a nice run down soon, so if you can hold it
  • #7,570
  • Sep 8, 2014 5:29am Sep 8, 2014 5:29am
Quoting josh11
{quote} Nice work mate I am also in at 45 We are going to have a nice run down soon, so if you can hold it

In at 35,45 and 50. I think it's done there until 2918, where I could cover then add more.
A pip is only worth it if you know how much you risked to earn it
  • #7,571
  • Sep 8, 2014 5:35am Sep 8, 2014 5:35am
Its really strugllig with 50. Trying to push up to 58. I see 58 as d max. If it breaks 58 then we will see 88 another likely short entry. I doubt we will see 88 though
  • #7,572
  • Sep 8, 2014 5:36am Sep 8, 2014 5:36am
Quoting ephisi
Its really strugllig with 50. Trying to push up to 58. I see 58 as d max. If it breaks 58 then we will see 88 another likely short entry. I doubt we will see 88 though
Watch the 15mins ascending trendline. We need to break that. Then we will retes 19
  • #7,573
  • Sep 8, 2014 5:36am Sep 8, 2014 5:36am
Quoting ephisi
Its really strugllig with 50. Trying to push up to 58. I see 58 as d max. If it breaks 58 then we will see 88 another likely short entry. I doubt we will see 88 though
Between 54 and 60 is the strong level! I think down from here
  • #7,574
  • Sep 8, 2014 5:47am Sep 8, 2014 5:47am
Quoting josh11
{quote} Between 54 and 60 is the strong level! I think down from here
Think so too. It should go down hard towards 19
  • #7,575
  • Sep 8, 2014 5:54am Sep 8, 2014 5:54am
Quoting ephisi
{quote} Think so too. It should go down hard towards 19
Well depends how long you wanna hold becoz on monthly we are looking at 1.20 even 1.15 but that really longer term
  • #7,576
  • Sep 8, 2014 6:02am Sep 8, 2014 6:02am
Quoting josh11
{quote} Well depends how long you wanna hold becoz on monthly we are looking at 1.20 even 1.15 but that really longer term
Lol, i meant 1.2919. Longterm target though ls 1.20000
  • #7,577
  • Sep 8, 2014 6:03am Sep 8, 2014 6:03am
Quoting josh11
{quote} Well depends how long you wanna hold becoz on monthly we are looking at 1.20 even 1.15 but that really longer term
Lol, i meant 1.2919. Longterm target though ls 1.20000. I thing the 15mins ascending trendline is about to fail
  • #7,578
  • Sep 8, 2014 6:08am Sep 8, 2014 6:08am
Quoting josh11
{quote} Well depends how long you wanna hold becoz on monthly we are looking at 1.20 even 1.15 but that really longer term
I've not held a position trade for longer than 2 weeks, so I'm really aiming to go for these numbers. I have 1.26 to 1.25 as levels on Weekly and Monthly.

How I get there may be a bit turbulent... ie. a few tps to fund more positions etc. But the higher ones from 1.3 I am keeping. To me, 1.29 trades are also worth keeping but I'm getting attracted to EURNZD and the like..... even GBPJPY has been raising my eyebrows in terms of volatility so I'll have to weigh that up in deciding to keep these positions.
A pip is only worth it if you know how much you risked to earn it
  • #7,579
  • Sep 8, 2014 6:22am Sep 8, 2014 6:22am
Quoting vlady1974
{quote} I've not held a position trade for longer than 2 weeks, so I'm really aiming to go for these numbers. I have 1.26 to 1.25 as levels on Weekly and Monthly. How I get there may be a bit turbulent... ie. a few tps to fund more positions etc. But the higher ones from 1.3 I am keeping. To me, 1.29 trades are also worth keeping but I'm getting attracted to EURNZD and the like..... even GBPJPY has been raising my eyebrows in terms of volatility so I'll have to weigh that up in deciding to keep these positions.
Well there a many way of doing this mate, once your first pos moves enough you can put your SL to Breakeven and then use the first position as your risk for your second and so on... for example if you first position moves 500 pips in profit and then your SL is at Break even, you can open another pos with Sl of 250-500 pips and have no risk to your account from here... is actually easier than you think, this is just a simple version
  • #7,580
  • Sep 8, 2014 6:28am Sep 8, 2014 6:28am
Quoting josh11
{quote} Between 54 and 60 is the strong level! I think down from here

Sold again at 54!
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