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Off Road System

  • #541
  • Jan 30, 2015 3:26am Jan 30, 2015 3:26am
hi guys

a trade from a pair that I don't trade too often...

M1 GBPCAD +21

Attached Image (click to enlarge)
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Because the pair is in a heavily uptrend, I didn't want to stay in the trade for too long and quit at the first possible support level. In hindsight, I could have waited till the lower BB or the yellow MA.
  • #542
  • Jan 30, 2015 3:29am Jan 30, 2015 3:29am
Quoting Shantala
EJ 134+ {image}
nice work Shantala
  • #543
  • Jan 30, 2015 3:44am Jan 30, 2015 3:44am
Quoting isengoz
hi guys a trade from a pair that I don't trade too often... M1 GBPCAD +21 {image} Because the pair is in a heavily uptrend, I didn't want to stay in the trade for too long and quit at the first possible support level. In hindsight, I could have waited till the lower BB or the yellow MA.


But.. very aggressive entry, might be dangerous next time.
  • #544
  • Jan 30, 2015 4:15am Jan 30, 2015 4:15am
EA +40
Breakout from trend correction.
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  • #545
  • Jan 30, 2015 6:36am Jan 30, 2015 6:36am
Quoting jstmzplsz
EA +40 Breakout from trend correction. {image}
Nice Dude..

I have been observing your every trade.... Nice trades... getting familiar with OTS.

BA
Enter Signature
  • #546
  • Jan 30, 2015 6:46am Jan 30, 2015 6:46am
Quoting basitata
{quote} Nice Dude.. I have been observing your every trade.... Nice trades... getting familiar with OTS. BA
Thanks man, I'm trying to do my best

And I have a hint for you - ALWAYS count waves, it's really that important.
  • #547
  • Jan 30, 2015 7:08am Jan 30, 2015 7:08am
Quoting jstmzplsz
{quote} Thanks man, I'm trying to do my best And I have a hint for you - ALWAYS count waves, it's really that important.
I am not good at what you are suggesting.. can you post some reading material on this subject please?
Enter Signature
  • #548
  • Jan 30, 2015 7:21am Jan 30, 2015 7:21am
Quoting basitata
{quote} I am not good at what you are suggesting.. can you post some reading material on this subject please?
Check out this post:
http://www.forexfactory.com/showthre...79#post7902079
  • #549
  • Jan 30, 2015 7:34am Jan 30, 2015 7:34am
At wave B it was to soon to short, but I've managed to make it right.
GJ +45
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  • #550
  • Jan 30, 2015 7:44am Jan 30, 2015 7:44am
For me it was possible beginning of the 5th wave.

EU +22

I'm done for today.
See you next week.
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  • #551
  • Jan 30, 2015 7:55am Jan 30, 2015 7:55am
Quoting jstmzplsz
For me it was possible beginning of the 5th wave. EU +22 I'm done for today. See you next week. {image} {image}
Thanks, I m gona read that in weakend.
Enter Signature
  • #552
  • Jan 30, 2015 7:58am Jan 30, 2015 7:58am
Quoting jstmzplsz
For me it was possible beginning of the 5th wave. EU +22 I'm done for today. See you next week. {image} {image}
So you bought it in acticipation that it could be a wave 5 and should be up... u used the trend line touch as a buy price?
Enter Signature
  • #553
  • Jan 30, 2015 8:19am Jan 30, 2015 8:19am
Quoting basitata
{quote} So you bought it in acticipation that it could be a wave 5 and should be up... u used the trend line touch as a buy price?
Not only, there were more like :RSI at the bottom, divergence at awesome indi, price action at M1 (double top with confirmation) which all indicate the end of previous wave.
I admit that it wasn't the best trade because of the news in a minutes, but I did in purpose, because initial stop loss was 16 and tp was about 35, and I already had daily quota fulfilled.. in other words it was just a bonus

Trade when you can actually learn more is on previous screen (GJ), where now on your MT4 you can see how after C wave, the whole thing starts from the beginning
  • #554
  • Jan 30, 2015 9:14am Jan 30, 2015 9:14am
Hi there,

Well, I just want to say I haven't reached my 120 pips week target. Too many trades in a week, and some of them really negative and non sense. Overall, I get what I deserved it. I didn't make my homework (those that Patron recommend me...) and I'm doing overtrading once and again....

SO, the week ends today. I promess do it better in next one. I post here one of my good trades today. EURJPY, 25 pips.

Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYM5_0129.png Size: 120 KB



Any comments are wellcome. See you soon....


TONI
  • #555
  • Jan 30, 2015 2:17pm Jan 30, 2015 2:17pm
Quoting forexdaist
Hi there, Well, I just want to say I haven't reached my 120 pips week target. Too many trades in a week, and some of them really negative and non sense. Overall, I get what I deserved it. I didn't make my homework (those that Patron recommend me...) and I'm doing overtrading once and again.... SO, the week ends today. I promess do it better in next one. I post here one of my good trades today. EURJPY, 25 pips. {image} Any comments are wellcome. See you soon.... TONI
Nothing to comment. Very good trade
  • #556
  • Feb 1, 2015 11:39pm Feb 1, 2015 11:39pm
Morning Fellas
Enter Signature
  • #557
  • Feb 2, 2015 2:37am Feb 2, 2015 2:37am
morning guys...

first trade of the day.

M1 GBPJPY +25 (for 1:1 R:R)

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  • #558
  • Feb 2, 2015 2:40am Feb 2, 2015 2:40am
and a smaller one in pips, but with the same R:R

M1 USDJPY +10 pips (for 1:1 R:R)

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  • #559
  • Feb 2, 2015 2:45am Feb 2, 2015 2:45am
Quoting isengoz
morning guys... first trade of the day. M1 GBPJPY +25 (for 1:1 R:R) {image}
Morning.

After 5th wave, very good
  • #560
  • Feb 2, 2015 2:59am Feb 2, 2015 2:59am
Quoting jstmzplsz
{quote} Morning. After 5th wave, very good
morning j.

I couldn't see 5 waves there, could you elaborate? I was thinking that either it was the beginning of wave 4 of an uptrend, or a small retracement in wave 1 of downtrend continuation (that's why I didn't stayed in the trade for too long). I longed because the m1 divergence had a confluence with the upward trendlines I drew. luckily it hit my TP and returned from there...

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