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  • #45,801
  • Feb 17, 2015 3:17pm Feb 17, 2015 3:17pm
Just tell me how many trades are in this 5m chart?

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The Chonchy
  • #45,802
  • Feb 17, 2015 3:29pm Feb 17, 2015 3:29pm
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Or in this 15M chart, many ah? buy and hold...shiiieeet....there is no money in buy and hold anymore, rinse and repeat, hit and run is the name of the game.....
The Chonchy
  • #45,803
  • Feb 18, 2015 6:48pm Feb 18, 2015 6:48pm
......I have being holding here, now is two longs at + a few.....

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The Chonchy
  • #45,804
  • Feb 18, 2015 7:02pm Feb 18, 2015 7:02pm
.....Still thinking about the green ema 30 if not today, tomorrow......

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The Chonchy
  • #45,805
  • Feb 18, 2015 7:04pm Feb 18, 2015 7:04pm
...That magenta line is a magnet, is a wall there.....but as long as we don't take that yellow ema 5 we are ok on the longs...

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The Chonchy
  • #45,806
  • Feb 18, 2015 7:06pm Feb 18, 2015 7:06pm
...The green ema 5 and the four candles on the left are going to be a confluence of events and that is a plus for a bounce there me think, so I will take profits there for sure...
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The Chonchy
  • #45,807
  • Feb 18, 2015 7:15pm Feb 18, 2015 7:15pm
Quoting chonchy
......I have being holding here, now is two longs at + a few..... {image}
Never went long, but I like your trade. Getting good resistance from the yellow 50 EMA on the daily. I can definitely see this pair spiking up to the upper 1.15's before heading back down. I will be shorting up there.

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Mark
  • #45,808
  • Feb 18, 2015 10:30pm Feb 18, 2015 10:30pm
Quoting pilottrader
{quote} Never went long, but I like your trade. Getting good resistance from the yellow 50 EMA on the daily. I can definitely see this pair spiking up to the upper 1.15's before heading back down. I will be shorting up there. {image}
....I shorted here also and I will short it if it goes higher, but yours is a good plan, I just don't like waiting but you are with the long term trend, wish is fine.....

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The Chonchy
  • #45,809
  • Feb 18, 2015 10:32pm Feb 18, 2015 10:32pm
...And I'm still holding the longs a bit longer....

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The Chonchy
  • #45,810
  • Feb 19, 2015 9:37am Feb 19, 2015 9:37am
GBP/JPY... The 50 EMA on the 4hr is providing great support for this move up. I really don't see many obstacles to 187, assuming we can break 184.50, which will be a challenge. The chart below is the 1hr.

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Mark
  • #45,811
  • Feb 19, 2015 1:05pm Feb 19, 2015 1:05pm
Quoting pilottrader
GBP/JPY... The 50 EMA on the 4hr is providing great support for this move up. I really don't see many obstacles to 187, assuming we can break 184.50, which will be a challenge. The chart below is the 1hr. {image}
...Nice, very nice plan pilottrader, good...
The Chonchy
  • #45,812
  • Feb 19, 2015 1:07pm Feb 19, 2015 1:07pm
....This is what I'm talking about, I'm long and short, locked on profits but I have only made some money on a short I closed last night, the rest is open but no money in it, for a long term trade that is, I'm going to go back to my hit and run days....

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The Chonchy
  • #45,813
  • Feb 19, 2015 1:11pm Feb 19, 2015 1:11pm
...Right now I'm in the middle of no where, if I close all now I made some money, then rinse and repeat, wait until it goes down or up and go from there, that is all, patience, is the name of the game......

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The Chonchy
  • #45,814
  • Feb 19, 2015 3:47pm Feb 19, 2015 3:47pm
Quoting chonchy
...Right now I'm in the middle of no where, if I close all now I made some money, then rinse and repeat, wait until it goes down or up and go from there, that is all, patience, is the name of the game...... {image}
You got excellent short entries there Chonchy. If you have enough room for drawdown through the chop I'd keep the shorts running and get rid of my longs on pullback.
just my 2 cents, might be wrong.
Hear the music before the song is over ...
  • #45,815
  • Feb 19, 2015 4:30pm Feb 19, 2015 4:30pm
Quoting GlobalMacro
{quote} You got excellent short entries there Chonchy. If you have enough room for drawdown through the chop I'd keep the shorts running and get rid of my longs on pullback. just my 2 cents, might be wrong.
I closed all, left only one open short......

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The Chonchy
  • #45,816
  • Feb 19, 2015 4:41pm Feb 19, 2015 4:41pm
Quoting GlobalMacro
{quote} You got excellent short entries there Chonchy. If you have enough room for drawdown through the chop I'd keep the shorts running and get rid of my longs on pullback. just my 2 cents, might be wrong.
So you don't think this green ema 30 on the daily will ever be hit? price open under the yellow ema 5 so you may be rite...good luck GlobalMacro and thanks for your advice....many pips for you also Sir....

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The Chonchy
  • #45,817
  • Feb 19, 2015 4:43pm Feb 19, 2015 4:43pm
Quoting chonchy
{quote} I closed all, left only one open short...... {image}
As far as I can see , correct me if I'm wrong, there were 4 shorts and 4 longs. If you closed all of them and kept only one short open, it means you sold right here which isn't as great an R:R as if you had closed the longs on pullback.
again correct me if I'm wrong though ...
Hear the music before the song is over ...
  • #45,818
  • Feb 19, 2015 4:54pm Feb 19, 2015 4:54pm
Quoting GlobalMacro
{quote} As far as I can see , correct me if I'm wrong, there were 4 shorts and 4 longs. If you closed all of them and kept only one short open, it means you sold right here which isn't as great an R:R as if you had closed the longs on pullback. again correct me if I'm wrong though ...
....I had tree shorts and two longs, closed the longs and two of the shorts, left the high short, or the one with more profits in it, will short again if it goes higher.....
The Chonchy
  • #45,819
  • Feb 19, 2015 4:59pm Feb 19, 2015 4:59pm
Quoting chonchy
{quote} ....I had tree shorts and two longs, closed the longs and two of the shorts, left the high short, or the one with more profits in it, will short again if it goes higher.....
In that case golden entry :
Hear the music before the song is over ...
  • #45,820
  • Feb 19, 2015 5:01pm Feb 19, 2015 5:01pm
http://www.forexfactory.com/attachme...1&d=1424372849

this is what I had, I closed a short last night and the other one today then I closed the shorts, two of them....
The Chonchy
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