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Off Road System

  • #1,201
  • Apr 16, 2015 2:39am Apr 16, 2015 2:39am
Quoting Patron
{quote} EURAUD M5 Let's see what London says... {image}
EURAUD M1

London says ... shorts

+27 pips
Quota filled
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  • #1,202
  • Apr 17, 2015 2:43am Apr 17, 2015 2:43am
Morning


EURUSD M1

Market condition, lateral and bullish.
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  • #1,203
  • Apr 17, 2015 2:56am Apr 17, 2015 2:56am
Good Morning nice trade Patron! I am only observing the charts because the EUR USD its close from the resistance! to enter shor in EUR USD I prefer to wait for the CPI ffrom USA
  • #1,204
  • Apr 17, 2015 3:01am Apr 17, 2015 3:01am
Quoting jerept
Good Morning nice trade Patron! I am only observing the charts because the EUR USD its close from the resistance! to enter shor in EUR USD I prefer to wait for the CPI ffrom USA
Sounds good to me. I'm a scalper and the early hours of London, provided I find the easiest, so I look for trades, however small.
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  • #1,205
  • Apr 17, 2015 3:47am Apr 17, 2015 3:47am
Quoting Patron
{quote} Sounds good to me. I'm a scalper and the early hours of London, provided I find the easiest, so I look for trades, however small.

I can see that u manage your scalping trades really well
  • #1,206
  • Edited 4:16am Apr 17, 2015 3:53am | Edited 4:16am
EURJPY M1

Scalped long...
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............................................

EU +31
EJ +31
Quota filled
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  • #1,207
  • Apr 17, 2015 4:01am Apr 17, 2015 4:01am
Quoting jerept
{quote} I can see that u manage your scalping trades really well
tHANK YOU

Before leaving, what is your opinion of the USDJPY?
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  • #1,208
  • Apr 17, 2015 4:21am Apr 17, 2015 4:21am
Quoting Patron
{quote} tHANK YOU Before leaving, what is your opinion of the USDJPY? {image}
118,40 its a good support but in medium /long term I would say to buy because the inflation did'nt improve and in the end of this month will be another meeting of BoJ so maybe will extend again the program. anyway if the FED will not raise the interest rate in June will be in September
  • #1,209
  • Apr 17, 2015 4:26am Apr 17, 2015 4:26am
Quoting jerept
{quote} 118,40 its a good support but in medium /long term I would say to buy because the inflation did'nt improve and in the end of this month will be another meeting of BoJ so maybe will extend again the program. anyway if the FED will not raise the interest rate in June will be in September
I agree, I have a similar opinion, but support me more technical than fundamental reasons, although the right would link both.

Thanks. See you later...
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  • #1,210
  • Apr 17, 2015 4:56am Apr 17, 2015 4:56am
Quoting Patron
EURJPY M1 Scalped long...{image} ............................................ EU +31 EJ +31 Quota filled
congrats on your trades patron. it looks like you don't have any losing days recently. very good!

for me, yesterday was like a nightmare. I increased my lot size according to my money management plan, but couldn't refrain myself from taking trades after losing 40 pips and I lost about 3 days' profit in a single day...

anyway, knowing that today is another day I again fulfilled my daily target...

first I scalped AUDJPY... it was before European session, so I didn't want to stay long in the trade...

M1 AUDJPY +13

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then came the GBPUSD trades...

M1 GBPUSD +107

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I think of shorting it according to PA when (if) it reaches the upper trendline...
  • #1,211
  • Apr 17, 2015 5:02am Apr 17, 2015 5:02am
USDJPY M1

Scalped short, at bearish condition...
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  • #1,212
  • Apr 17, 2015 5:14am Apr 17, 2015 5:14am
Quoting isengoz
{quote} congrats on your trades patron. it looks like you don't have any losing days recently. very good! for me, yesterday was like a nightmare. I increased my lot size according to my money management plan, but couldn't refrain myself from taking trades after losing 40 pips and I lost about 3 days' profit in a single day... anyway, knowing that today is another day I again fulfilled my daily target... first I scalped AUDJPY... it was before European session, so I didn't want to stay long in the trade... M1 AUDJPY +13 {image} then came...
Thank you for your compliments, and congratulations on your successes. I can boast a long time I reached the consistency ago. That does not mean that I was not wrong. I'm wrong as anyone, but I learned when I close my losses, and when I leave them run a little.

My last brake is in trying to locate Fractals varying degrees, to know when I'm not d the market side. Still that does not involves substantial risk, because then I change my mind, backed by thousands of hours of experience, and I have no resort to take the opposite trade what I thought, as happened to me yesterday with the EURUSD, for example.

All I feel is that now that I move in the market, many times, I lack energy.
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  • #1,213
  • Edited 9:23am Apr 17, 2015 9:12am | Edited 9:23am
Quoting isengoz
{quote}... I think of shorting it according to PA when (if) it reaches the upper trendline...
it's funny to see after trying to short a pair this much and ending up with just 40 pips, you could have got about 150-200 pips...
anyway, I think I'm done this week. see you all later...

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  • #1,214
  • Apr 19, 2015 3:39am Apr 19, 2015 3:39am
Quoting isengoz
{quote} it's funny to see after trying to short a pair this much and ending up with just 40 pips, you could have got about 150-200 pips... anyway, I think I'm done this week. see you all later... {image}
I never get all the pips, you can see every transaction I do. So I proposed a quota, trying to keep as regular as possible.

Anyway, I've been saying time was to try to always leave an open trade, while supplies last an intraday trend, but I can over the urge to turn off the computer because I tired a lot.
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  • #1,215
  • Edited 11:57am Apr 19, 2015 10:42am | Edited 11:57am
Quoting Patron
{quote} I never get all the pips, you can see every transaction I do. So I proposed a quota, trying to keep as regular as possible. Anyway, I've been saying time was to try to always leave an open trade, while supplies last an intraday trend, but I can over the urge to turn off the computer because I tired a lot.
yeah patron, I know that nobody can get all the pips. I had also doubled my daily target (which is 40 pips). so those trades would be a bonus before weekend. I just wanted to share my attempts. anyway, feeling the market's rhythm and estimating the turning points correctly give me hope about the future.

on the other hand, about leaving an open trade, my account is still at the accumulating phase (I call it this way). for this reason, I need everything I can get from a trade. but in the future (may be in a couple of months time) I think of using an EA to manage my trades to close 80-90% at a certain level and leave the rest for further targets with stops at break even.

thanks for your thoughts, by the way...

have a nice weekend
  • #1,216
  • Apr 19, 2015 3:10pm Apr 19, 2015 3:10pm
Good evening !

EURUSD short term trend is undefined / sideways, but EMA233 is still rising.

My plan:
Open short EURUSD if line of support changes to line of resistance. Target is next line of support. @ approx 1.0784 (+15 pips)
Open short again if second line of suport becomes resistance Target approx 1.0740 (+40 pips)

This is a counter-trend trade, so I will stop immediately if price reverses back over the line.
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  • #1,217
  • Edited 2:22am Apr 20, 2015 1:53am | Edited 2:22am
Quoting greenline
Good evening ! EURUSD short term trend is undefined / sideways, but EMA233 is still rising. My plan: Open short EURUSD if line of support changes to line of resistance. Target is next line of support. @ approx 1.0784 (+15 pips) Open short again if second line of suport becomes resistance Target approx 1.0740 (+40 pips) This is a counter-trend trade, so I will stop immediately if price reverses back over the line.{image}
Welcome greenline!
Thank you for successful analysis. I share similar plans, if the price action confirms, wave to wave.

Perhaps similar the EURJPY
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  • #1,218
  • Apr 20, 2015 2:14am Apr 20, 2015 2:14am
Quoting greenline
Good evening ! EURUSD short term trend is undefined / sideways, but EMA233 is still rising. My plan: Open short EURUSD if line of support changes to line of resistance. Target is next line of support. @ approx 1.0784 (+15 pips) Open short again if second line of suport becomes resistance Target approx 1.0740 (+40 pips) This is a counter-trend trade, so I will stop immediately if price reverses back over the line.{image}
I want to add that to the Big Picture, I agree with the analysis of Sam30, to begin with, and then wave to wave.
http://www.forexfactory.com/showthre...26#post8213726
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  • #1,219
  • Apr 20, 2015 2:41am Apr 20, 2015 2:41am
Quoting Patron
{quote} I want to add that to the Big Picture, I agree with the analysis of Sam30, to begin with, and then wave to wave. http://www.forexfactory.com/showthre...26#post8213726 {image}
In short, I am willing to take long or short (EURUSD EURJPY), as the wind blows ...
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  • #1,220
  • Apr 20, 2015 3:27am Apr 20, 2015 3:27am
hi guys...

I longed GBPUSD this morning. now that I pulled my stops to my daily target which is +40 pips, I will let them ride as far as I think they would go...

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