Simple Uncomplicated (obvious) trading | Page 27 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

Trading Made Simple the right way, and other trading lessons 334 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

Stating The Obvious and The Quest For Wisdom 1,361 replies

Despair means - obvious 14 replies

Attachments: Simple Uncomplicated (obvious) trading
Exit Attachments

Simple Uncomplicated (obvious) trading

  • Linked: Simple trading method | Demo Account XXXXXX25
  • Expand
  • Last Sync: Apr 26, 2015
Apr 26, 2015
Last Sync: Apr 26, 2015
Apr 26, 2015
Last Sync: Apr 26, 2015
Apr 26, 2015
Last Sync: Apr 26, 2015
Apr 26, 2015
Last Sync: Apr 26, 2015
to
No trading activity in this period.
  • #521
  • Feb 20, 2015 6:46am Feb 20, 2015 6:46am
update on GBP/USD (short):

Price moved in my favor over the London session but is not retracing against me again...
Daily chart has formed a 160 pip range. I have moved the stop down to just above today's high to protect the position, in case price moves back to the range high. This stop is essentially break even, but protects a few pips.
Attached Image
  • #522
  • Feb 20, 2015 8:54am Feb 20, 2015 8:54am
I reshorted AU (.785 option barrier), and good USD news just now.

EZ
  • #523
  • Feb 20, 2015 9:14am Feb 20, 2015 9:14am
Quoting ezcurrency
I reshorted AU (.785 option barrier), and good USD news just now. EZ
I imagine you are trading a very small time frame...from my point of view (the daily chart) all it looks like is a narrow range and perhaps a bottom forming here...

When does that option barrier expire?
  • #524
  • Feb 20, 2015 10:46am Feb 20, 2015 10:46am
Towards the end of March. I exited already for nice pips. Longed UCad also and exited. My EU and GU shorts were covered this am also near lows, so flat now for the weekend. Yes, I think I trade a bit smaller TF than you. Occasionally I do swing trades for days/week, and add to positions, but lately shorter term since USD is in a range.

Regards,
EZ
  • #525
  • Feb 20, 2015 10:50am Feb 20, 2015 10:50am
Gspajon,

I have read through your thread and I really like this style of trading, as it is similar to my own. I have subscribed and will watch closely (and hopefully learn a few things!). May I contribute my own charts, as setups appear, to gain some insight of the more experienced traders here? I have only been trading for a couple years and am just now tasting some success and would love the opportunity to learn from this thread!

Safe trading!
  • #526
  • Feb 20, 2015 11:14am Feb 20, 2015 11:14am
Quoting coolnessinc
Gspajon, I have read through your thread and I really like this style of trading, as it is similar to my own. I have subscribed and will watch closely (and hopefully learn a few things!). May I contribute my own charts, as setups appear, to gain some insight of the more experienced traders here? I have only been trading for a couple years and am just now tasting some success and would love the opportunity to learn from this thread! Safe trading!
Mr. Cool...you are most welcome. Please feel free to contribute as much as you would like. I congratulate you on the success you are realizing and hope there will be more to come. I have to wonder however, who is learning more...those that contribute or me as I have learned much from those you have participated...particularly eggs and Ken911.

Good trading to you and I look forward to seeing your posts soon.
  • #527
  • Feb 22, 2015 12:46am Feb 22, 2015 12:46am
Still waiting for my NZDUSD to be taken in short. It is showing some Divergence now and has formed a small range, so hopefully it will be taken in soon. It is a trade that I still feel hopeful about. Might be wishful thinking, but I find not many trades are clear cut at the moment.

Many thanks to all who contribute.
  • #528
  • Feb 23, 2015 7:04am Feb 23, 2015 7:04am
New Trade Opportunity NZD/USD (Short):

Price has retraced into the area between 61.8 & 50% fibonacci retracement. The daily chart has shown some selling come in to balance the buying order flow. And a more detailed view of that selling on the intraday charts shows that price has broken below the last point where buyers took a stand. Price has come back to retest that area

I have entered a short position here with a stop above last week's high. I will hold this position for now and we'll see how it works.
Attached Image (click to enlarge)
Click to Enlarge Name: Trade2-0.PNG Size: 82 KB
  • #529
  • Feb 23, 2015 8:26am Feb 23, 2015 8:26am
Subscribed I finally became a member, because of this thread.

Regarding NZD/USD short, I'm curious as to how the bounce off of the 14 EMA on the daily turns out.
  • #530
  • Feb 23, 2015 9:12am Feb 23, 2015 9:12am
Quoting Deuterium
Subscribed I finally became a member, because of this thread. Regarding NZD/USD short, I'm curious as to how the bounce off of the 14 EMA on the daily turns out.
I am honored. I hope you won't be disappointed. This trade is being rather "stubborn" at the moment...as are most of the US pairs.
  • #531
  • Feb 23, 2015 9:17am Feb 23, 2015 9:17am
Stopped on GBP/USD (short):

basically a break even stop...price looks like the order flow is still trying to balance.
Attached Image
  • #532
  • Feb 23, 2015 10:40am Feb 23, 2015 10:40am
2nd position added short to NZD/USD...stop as mentioned earlier
Attached Image (click to enlarge)
Click to Enlarge Name: Trade2-1.PNG Size: 88 KB
  • #533
  • Feb 23, 2015 8:11pm Feb 23, 2015 8:11pm
Quoting gspajon
New Trade Opportunity NZD/USD (Short): Price has retraced into the area between 61.8 & 50% fibonacci retracement. The daily chart has shown some selling come in to balance the buying order flow. And a more detailed view of that selling on the intraday charts shows that price has broken below the last point where buyers took a stand. Price has come back to retest that area I have entered a short position here with a stop above last week's high. I will hold this position for now and we'll see how it works. {image}
You got a better price than I did gs. Going in the right direction anyway.
  • #534
  • Feb 24, 2015 7:12am Feb 24, 2015 7:12am
Update on NZD/USD (short):

Price broke through the buying area and has stopped out most of the longs who where most likely profitable. Price has now fallen into another area where buyers overwhelmed sellers, and has closed the gap from last week. As I expect some weaker buying to enter the market in this area I have left my stop where it is for now. Still at risk.
Attached Image (click to enlarge)
Click to Enlarge Name: Trade2-2.PNG Size: 90 KB
  • #535
  • Feb 24, 2015 7:13am Feb 24, 2015 7:13am
Quoting ken911
{quote} You got a better price than I did gs. Going in the right direction anyway.
Really!!?? Where did you get in? You must've entered on a break of the lows.
  • #536
  • Feb 24, 2015 7:27am Feb 24, 2015 7:27am
Quoting gspajon
{quote} Really!!?? Where did you get in? You must've entered on a break of the lows.
Yes I did. Got tired of it sitting there so was more cautious. In @ 0.7496
  • #537
  • Feb 24, 2015 8:16am Feb 24, 2015 8:16am
Quoting gspajon
Update on NZD/USD (short): Price broke through the buying area and has stopped out most of the longs who where most likely profitable. Price has now fallen into another area where buyers overwhelmed sellers, and has closed the gap from last week. As I expect some weaker buying to enter the market in this area I have left my stop where it is for now. Still at risk. {image}
Excellent thread. Shorted at .7517 and closed 1/2 at .7450. Moved stop to BE.
  • #538
  • Feb 24, 2015 12:11pm Feb 24, 2015 12:11pm
Quoting deuce
{quote} Excellent thread. Shorted at .7517 and closed 1/2 at .7450. Moved stop to BE.
Hello Deuce. Looks like you made some good pips today, and just missed getting stopped out on your 2nd 1/2. Congrats!! good trade!
  • #539
  • Feb 24, 2015 1:35pm Feb 24, 2015 1:35pm
Quoting gspajon
{quote} Hello Deuce. Looks like you made some good pips today, and just missed getting stopped out on your 2nd 1/2. Congrats!! good trade!
That's why I like to step away after I place a trade. Too many times in the past I have taken profits too quick.

Now looking for a possible GBP/USD short opportunity if it reaches 1.55/1.56 resistance and bounces.
  • #540
  • Feb 24, 2015 1:44pm Feb 24, 2015 1:44pm
Quoting deuce
{quote} That's why I like to step away after I place a trade. Too many times in the past I have taken profits too quick. Now looking for a possible GBP/USD short opportunity if it reaches 1.55/1.56 resistance and bounces.
Yeah...been looking at that myself...tried twice to short...still not there yet. Clearly a balanced order flow here...
0 traders viewing now