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As simple as possible: 00 level trading

  • #21,901
  • Nov 18, 2014 9:03am Nov 18, 2014 9:03am
#3 GJ to TP
Comment: a good one (with a little luck)
Attached Image (click to enlarge)
Click to Enlarge Name: GJ_TP.png Size: 44 KB
Porta itineris dicitur longissima esse
  • #21,902
  • Nov 18, 2014 9:04am Nov 18, 2014 9:04am
#4 EJ to SL
Comment: a bad one
Attached Image (click to enlarge)
Click to Enlarge Name: EJ_SL.png Size: 43 KB
Porta itineris dicitur longissima esse
  • #21,903
  • Nov 18, 2014 9:07am Nov 18, 2014 9:07am
Quoting mwsteiner
{quote} Danke, euch einen schönen Abend und liebe Grüße and FLX! Greetz Michael
Gleichfalls..

Udine
Sleep less, live fast, as it aint gonna last
  • #21,904
  • Nov 18, 2014 9:33am Nov 18, 2014 9:33am
Quoting bubincka
#4 EJ to SL Comment: a bad one {image}
I guess it was really unlucky but now it's worked.
  • #21,905
  • Nov 18, 2014 9:34am Nov 18, 2014 9:34am
EURUSD buy 1.25250 -> 1.25300 into TP.
  • #21,906
  • Nov 18, 2014 9:34am Nov 18, 2014 9:34am
#5 EJ to TP
Comment: in the meanwhile i've lost a setup on EU that is moving in sync
Attached Image (click to enlarge)
Click to Enlarge Name: EJ_TP.png Size: 43 KB
Porta itineris dicitur longissima esse
  • #21,907
  • Nov 18, 2014 9:35am Nov 18, 2014 9:35am
Patience paid off....

EJ to TP

Udine
Attached Image
Sleep less, live fast, as it aint gonna last
  • #21,908
  • Nov 18, 2014 9:37am Nov 18, 2014 9:37am
Quoting Udine
Patience paid off.... EJ to TP Udine {image}
What is the reason you did not take EJ 146 hour ago?
Thank you in advance.
  • #21,909
  • Nov 18, 2014 9:38am Nov 18, 2014 9:38am
Quoting Udine
Patience paid off.... EJ to TP Udine {image}
Thank you for the liquidity ;-)

I took the same one
  • #21,910
  • Nov 18, 2014 9:38am Nov 18, 2014 9:38am
Quoting musicant
{quote} I guess it was really unlucky but now it's worked.
previous was a small wave not even enough to activate TS... and a BRN too !!
Porta itineris dicitur longissima esse
  • #21,911
  • Nov 18, 2014 9:40am Nov 18, 2014 9:40am
Quoting Udine
Patience paid off.... EJ to TP Udine {image}
Hi Udine i guess you didn't get previous setup @ 146.000 because it's a BRN, isn't it ?
Porta itineris dicitur longissima esse
  • #21,912
  • Nov 18, 2014 9:49am Nov 18, 2014 9:49am
Quoting bubincka
{quote} Hi Udine i guess you didn't get previous setup @ 146.000 because it's a BRN, isn't it ?
i took the trade also on the 146.050 level because the signal candle closed above the 146.000 level already.
  • #21,913
  • Nov 18, 2014 9:51am Nov 18, 2014 9:51am
Quoting piphunt3r
{quote} i took the trade also on the 146.050 level because the signal candle closed above the 146.000 level already.
We're talking about pevious signal.
  • #21,914
  • Nov 18, 2014 9:55am Nov 18, 2014 9:55am
Quoting musicant
{quote} What is the reason you did not take EJ 146 hour ago? Thank you in advance.
I guess there were two factors:
1. 146 was a big round number
2. (probably more important) there was no confirmation of an up trend at 146.000. Have a look at the chart below, I've connected levels of possible trades with white arrows.
The first one at 146.100 was in a short-term down trend after a huge sell-off - we were still lower than the previous high 146.700.
The second one at 146.000 was lower than the previous high, so there was a continuation of a down trend.
And finally the last one at 146.100 was higher than the previous high, so it was a new short-term up trend. We're looking to ride a trend, so here we've finally seen it.
Was it the reason, Udine?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 68 KB
  • #21,915
  • Nov 18, 2014 9:57am Nov 18, 2014 9:57am
Quoting musicant
{quote} We're talking about pevious signal.
ah yes sorry :-) i didn't took the previous signal because it looked kind of weak

And i anticipated a pullback to the round number and then a continuation of the downtrend.
  • #21,916
  • Nov 18, 2014 10:01am Nov 18, 2014 10:01am
AUDJPY buy 101.800 -> 101.850 into TP.

Done for the day.
  • #21,917
  • Nov 18, 2014 10:11am Nov 18, 2014 10:11am
Quoting musicant
{quote} What is the reason you did not take EJ 146 hour ago? Thank you in advance.

the move towards the BRN was not a nice clear move up, so in my eyes no momentum... so sidelines.. prefer to be safe instead of sorry

Udine
Sleep less, live fast, as it aint gonna last
  • #21,918
  • Nov 18, 2014 10:20am Nov 18, 2014 10:20am
Quoting Stingr
{quote} I guess there were two factors: 1. 146 was a big round number 2. (probably more important) there was no confirmation of an up trend at 146.000. Have a look at the chart below, I've connected levels of possible trades with white arrows. The first one at 146.100 was in a short-term down trend after a huge sell-off - we were still lower than the previous high 146.700. The second one at 146.000 was lower than the previous high, so there was a continuation of a down trend. And finally the last one at 146.100 was higher than the previous high,...
nice analysis, it teached me something new, thank you.
Porta itineris dicitur longissima esse
  • #21,919
  • Edited 10:33am Nov 18, 2014 10:21am | Edited 10:33am
Quoting Udine
{quote} the move towards the BRN was not a nice clear move up, so in my eyes no momentum... so sidelines.. prefer to be safe instead of sorry Udine
Thanks so much. Now it becomes much more clear.
  • #21,920
  • Nov 18, 2014 10:23am Nov 18, 2014 10:23am
Hi
Just wanted to check these 2 trades

#1 EJ TP +10
(i use TP 10 TS 4, to try and catch bigger tp with a safety net) would you class this as risky because of the DR1

Attached Image (click to enlarge)
Click to Enlarge Name: 18688626_EURJPYSB_H1_2014_11_18_17_08_Close.gif Size: 55 KB


#2 UC TP + 0.3
(i use TP 10 TS 4, to try and catch bigger tp with a safety net) would you class this as risky because of the DS1 or just noticed maybe low ADR and nearing the RmDn

Attached Image (click to enlarge)
Click to Enlarge Name: 18688719_USDCHFSB_H1_2014_11_18_17_09_Close.gif Size: 54 KB
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