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my system of 20 pips

  • #441
  • Sep 29, 2014 1:03am Sep 29, 2014 1:03am
Quoting Checkz
{quote} Is it because the level had already been pierced and it was a sign that that level was weakened and ready to be broken through.
yes. price reaction toward a level. correct. anything else?
  • #442
  • Sep 29, 2014 1:05am Sep 29, 2014 1:05am
Quoting Waforex
{quote} Well the G/U has been trending down so we are going with the trend
this can be as a confirmation as well.

guys this is healthy discussion going on. we need more like this.
  • #443
  • Sep 29, 2014 1:12am Sep 29, 2014 1:12am
Quoting catextract89
{quote} this can be as a confirmation as well. guys this is healthy discussion going on. we need more like this.
hmmm maybe because price was unable to break out above friday afternoons range
  • #444
  • Sep 29, 2014 1:16am Sep 29, 2014 1:16am
Quoting Waforex
{quote} hmmm maybe because price was unable to break out above friday afternoons range
now we wait. maybe this time i'm wrong. maybe SL. let the market decide
  • #445
  • Sep 29, 2014 1:24am Sep 29, 2014 1:24am
ok, time 4 gu to obey th masters command
  • #446
  • Sep 29, 2014 1:25am Sep 29, 2014 1:25am
Catextract89 what makes one level tradable over the other is my question besides the past history. Hope im not asking you to reveal to much im just a little confused.
  • #447
  • Sep 29, 2014 1:29am Sep 29, 2014 1:29am
Oh. i see what is propelling gu up. a hidden divergence on 1h tf
  • #448
  • Sep 29, 2014 1:30am Sep 29, 2014 1:30am
Quoting catextract89
{quote} the big candle just now

ok... this means that i need to work harder.... have not understand this logic yet......
  • #449
  • Sep 29, 2014 1:34am Sep 29, 2014 1:34am
Quoting catextract89
{quote} yes. price reaction toward a level. correct. anything else?

Is it because this is the level where price just stopped and is currently at at the present moment. Making it a level that we should be paying attention to.
  • #450
  • Sep 29, 2014 1:45am Sep 29, 2014 1:45am
and we hit SL. too bad. look like i'm just a normal trader who make a wrong judgement.

pay extra attention to level 1.62200. it is very interesting level.
  • #451
  • Sep 29, 2014 1:47am Sep 29, 2014 1:47am
I feel that at the 400 level, the power of the 1h tf divergence will be exhausted and gu will go down
  • #452
  • Sep 29, 2014 1:47am Sep 29, 2014 1:47am
anyone dare to put a sell stop there again?
  • #453
  • Sep 29, 2014 1:48am Sep 29, 2014 1:48am
Quoting FXAction
I feel that at the 400 level, the power of the 1h tf divergence will be exhausted and gu will go down
hahaha. dem you, we almost think a like. but i don't like indicator though.
  • #454
  • Sep 29, 2014 1:51am Sep 29, 2014 1:51am
remember, when a SL is hit, it is a signal that the market is ready to explode to one direction. but which direction? up or down?
  • #455
  • Sep 29, 2014 2:30am Sep 29, 2014 2:30am
and the explosion are done. congrats to those who went long at 1.6400 because of the price reaction to those level on 26 Sept.
  • #456
  • Sep 29, 2014 2:36am Sep 29, 2014 2:36am
sell E/Aud

Attached Image


tp .200 area
Closer To Dream
  • #457
  • Sep 29, 2014 3:17am Sep 29, 2014 3:17am
EJ... 139,00 and 139,20 both long IMO...
  • #458
  • Sep 29, 2014 3:29am Sep 29, 2014 3:29am
guys i want to ask you something. by now, you may have encounter countless system promising to be profitable. they have a set of rule that you need to follow. a rule never meant to be broken.

is there a moment in your trading experiences, where the system rule tell you to sell, but you have this insight that the price are going up?

and the price do go up ignoring the system rule. anyone encounter this before?
  • #459
  • Sep 29, 2014 3:30am Sep 29, 2014 3:30am
Quoting Charly8
EJ... 139,00 and 139,20 both long IMO...
thanks for the input, let them have a healthy brain storming with your opinion.
  • #460
  • Sep 29, 2014 3:31am Sep 29, 2014 3:31am
Quoting catextract89
guys i want to ask you something. by now, you may have encounter countless system promising to be profitable. they have a set of rule that you need to follow. a rule never meant to be broken. is there a moment in your trading experiences, where the system rule tell you to sell, but you have this insight that the price are going up? and the price do go up ignoring the system rule. anyone encounter this before?
Of course. Many times... And they way I play such trades and moments in trades is by closing between 50-80% of the position and let the rest play out with SL at breakeven... this way I am happy because I made a profit for the day, but at the same time I am not disappointed in case there is more profits available on the table...
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