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The similarity system

  • #8,901
  • Sep 22, 2014 6:29am Sep 22, 2014 6:29am
Taking my profit and running. we are in the middle of no where . be back sometime
  • #8,902
  • Sep 22, 2014 7:25am Sep 22, 2014 7:25am
Quoting tashkent
{quote} i am with you on usdchf, entry and tp shown. will add more soon. {image}
as i said, yesterday added one more short (bet the remaining 50% of the account). just woke up to see tp missed by a few pips (no probs with that, it happens all the time). so took whatever is left - the blue triangle is exit. still about 15 pips combined is not too bad... the good part of these trades is that they were almost 0 risk trades (if not count the spread)
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As Above, So Below
  • #8,903
  • Sep 22, 2014 7:58am Sep 22, 2014 7:58am
Quoting tashkent
{quote} as i said, yesterday added one more short (bet the remaining 50% of the account). just woke up to see tp missed by a few pips (no probs with that, it happens all the time). so took whatever is left - the blue triangle is exit. still about 15 pips combined is not too bad... the good part of these trades is that they were almost 0 risk trades (if not count the spread) {image}
Be careful with to much leverage.. but well done on your trades mate

I see from where you entered it went straight with you

I haven't yet traded the 5mins, how do you find it?
  • #8,904
  • Sep 22, 2014 8:01am Sep 22, 2014 8:01am
Quoting Eurusdd
all time-frames in sync!!! trend change confirmed. every down now will just be minor retracements. direction is up till next synccc......
oh no!! Im still down. My target is 1.2780
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  • #8,905
  • Edited 8:26am Sep 22, 2014 8:14am | Edited 8:26am
i have a buy @2841
Edit: 2865 is my first TP. I think it will not reach 292x now. FOMC in 30 minutes ...
SL moved to BE.
Good friends are more valuable than gold ...
  • #8,906
  • Sep 22, 2014 8:14am Sep 22, 2014 8:14am
Quoting josh11
{quote} Be careful with to much leverage.. but well done on your trades mate I see from where you entered it went straight with you I haven't yet traded the 5mins, how do you find it?
thank you Josh!
you are right, high leverage is double edged sword. one must be very careful with it. these trades were taken after confirmation of the signal on multi-level tfs. lower tfs gives more precision for entries and exits, you can see the whole story of the hourly and daily candles and i love to see the every small detail of what i am trading - as above, so below
As Above, So Below
  • #8,907
  • Edited 10:04am Sep 22, 2014 8:50am | Edited 10:04am
I think price turn soon

Edit ok should be about it

Edit one more what not to do
I want more brain power!
  • #8,908
  • Sep 22, 2014 9:07am Sep 22, 2014 9:07am
Still indecisive, isn't it.
4H favouring south. 1H in the middle.
I'm out of longs after a quite a few good pips. Sidelined for the moment.
A pip is only worth it if you know how much you risked to earn it
  • #8,909
  • Sep 22, 2014 9:17am Sep 22, 2014 9:17am
Quoting vlady1974
Still indecisive, isn't it. 4H favouring south. 1H in the middle. I'm out of longs after a quite a few good pips. Sidelined for the moment.
I think it might go down again 1.28250
  • #8,910
  • Sep 22, 2014 9:22am Sep 22, 2014 9:22am
All the talking heads at FRB make me wary of taking any trade at the moment.
  • #8,911
  • Sep 22, 2014 9:22am Sep 22, 2014 9:22am
Quoting burnssss
{quote} I think it might go down again 1.28250
I'm almost preferring it did so that we can get a clear signal on the 1H and 15M.
If it did go to 2825 and bounce above 32-38, it's bullish again.
A pip is only worth it if you know how much you risked to earn it
  • #8,912
  • Sep 22, 2014 9:25am Sep 22, 2014 9:25am
Quoting vlady1974
Still indecisive, isn't it. 4H favouring south. 1H in the middle. I'm out of longs after a quite a few good pips. Sidelined for the moment.
Quoting burnssss
{quote} I think it might go down again 1.28250
Yes, difficult to take decision, but more likely will go south. My SL is hit at BE. Now looking for short opportunity.
Good friends are more valuable than gold ...
  • #8,913
  • Sep 22, 2014 9:28am Sep 22, 2014 9:28am
You must shut down in M30
  • #8,914
  • Sep 22, 2014 9:32am Sep 22, 2014 9:32am
Now I think I should be ready to climb. 1.28550 maybe.
  • #8,915
  • Sep 22, 2014 9:32am Sep 22, 2014 9:32am
Probabilities, won. Down
  • #8,916
  • Sep 22, 2014 9:39am Sep 22, 2014 9:39am
Looks like 5M is leading the charge for the moment. Bounce off 20 and now above 29....er again.

Edit: If this has decided that it's definitely down, it would a great setup to see 2845 again for the retracement. That's roughly where I would short it.
A pip is only worth it if you know how much you risked to earn it
  • #8,917
  • Sep 22, 2014 9:45am Sep 22, 2014 9:45am
Quoting vlady1974
Looks like 5M is leading the charge for the moment. Bounce off 20 and now above 29....er again. Edit: If this has decided that it's definitely down, it would a great setup to see 2845 again for the retracement. That's roughly where I would short it.
Back down to 28235
  • #8,918
  • Sep 22, 2014 9:46am Sep 22, 2014 9:46am
I am going to open a scalping demo, these last few weeks have convinced me, I have left soooo many pips on the table it's ridiculous!!
  • #8,919
  • Sep 22, 2014 9:48am Sep 22, 2014 9:48am
Quoting Baillie
I am going to open a scalping demo, these last few weeks have convinced me, I have left soooo many pips on the table it's ridiculous!!
It gets harder doesn't it? Can't hold positions in the same way you could back in 2008/2009 and prior.
A pip is only worth it if you know how much you risked to earn it
  • #8,920
  • Sep 22, 2014 9:49am Sep 22, 2014 9:49am
But knowing that there is a level indicating the change of trend in 28220, perhaps it is more appropriate to hold the rebound and go long.
It's just a comment.
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