Trading the middle TZ's | Page 40 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

FX trading places in the Middle-east 0 replies

Orders triggered in the middle of nowhere! 1 reply

Crisis in the middle east 2 replies

Attachments: Trading the middle TZ's
Exit Attachments

Trading the middle TZ's

  • #781
  • Jul 16, 2015 12:23am Jul 16, 2015 12:23am
Good morning Friends i am back

looking for 15 pips
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPY-ProM15 16.7.15.png Size: 57 KB
  • #782
  • Edited 1:47am Jul 16, 2015 1:33am | Edited 1:47am
Ea looking for 15 pips

ON 5 MIN CHART


UPDATE DONE +15

Why i took this trade.
1. MTZ
2. CSM
3. Break of Support

Price break the support then come back to test the support level this the point where we should be looking for entry.
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUD-ProM5 16.7.15_1.png Size: 47 KB
  • #783
  • Jul 16, 2015 5:38am Jul 16, 2015 5:38am
Juat entered short on EA...

Target 1.47
EDIT: got stopped out at +4.2 after being at +15
  • #784
  • Jul 16, 2015 5:49am Jul 16, 2015 5:49am
EA 23 + 20 = 43Pipz
Attached Image (click to enlarge)
Click to Enlarge Name: 20150716-4jto-78kb.jpg Size: 79 KB
You just got to have the Bad Days, so you can Love the Good Days even more!
  • #785
  • Jul 16, 2015 5:58am Jul 16, 2015 5:58am
Quoting StefyRox
EA 23 + 20 = 43Pipz {image}
Congrats
  • #786
  • Jul 16, 2015 5:58am Jul 16, 2015 5:58am
Quoting jeetvirk
Ea looking for 15 pips ON 5 MIN CHART UPDATE DONE +15 Why i took this trade. 1. MTZ 2. CSM 3. Break of Support Price break the support then come back to test the support level this the point where we should be looking for entry. {image}
Nice one Jeet
  • #787
  • Jul 16, 2015 6:00am Jul 16, 2015 6:00am
Quoting StefyRox
EA 23 + 20 = 43Pipz {image}
Hi Rox regarding your first entry it cross the RN 1.4800 what i suggest u whenever the price cross RN try to enter after price retrace because there are chances that it will touch RN and then move on.

just my view
regards
  • #788
  • Jul 16, 2015 6:17am Jul 16, 2015 6:17am
hey guys i really like the thread. the signals the system provides are really amazing. there is just one thing i am struggling with. the round numbers. it dont really know how to handle them. should i just see them just as support and resistance areas? should i wait for PA at this lvls? what do they indicate?:nerd:
  • #789
  • Jul 16, 2015 6:23am Jul 16, 2015 6:23am
Quoting jeetvirk
Ea looking for 15 pips ON 5 MIN CHART UPDATE DONE +15 Why i took this trade. 1. MTZ 2. CSM 3. Break of Support Price break the support then come back to test the support level this the point where we should be looking for entry. {image}
Woow, this is quite simple.

- Look for a potential MTZ

- Once you notice one, you look at CSM......and CSM should be strong.

- Then, the break of S/R levels.

Thanks Jeet.
My help is in the name of the Lord who made heaven and earth.
  • #790
  • Jul 16, 2015 6:31am Jul 16, 2015 6:31am
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPYH1.png Size: 67 KB
My help is in the name of the Lord who made heaven and earth.
  • #791
  • Jul 16, 2015 6:39am Jul 16, 2015 6:39am
Quoting jimmY213
hey guys i really like the thread. the signals the system provides are really amazing. there is just one thing i am struggling with. the round numbers. it dont really know how to handle them. should i just see them just as support and resistance areas? should i wait for PA at this lvls? what do they indicate?:nerd:
Do chart reading watch the price action near RN's then develop your own style.
  • #792
  • Jul 16, 2015 6:42am Jul 16, 2015 6:42am
This is looking interesting.

Potential MTZ, almost there.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 72 KB
My help is in the name of the Lord who made heaven and earth.
  • #793
  • Jul 16, 2015 6:44am Jul 16, 2015 6:44am
Quoting jeetvirk
{quote} Hi Rox regarding your first entry it cross the RN 1.4800 what i suggest u whenever the price cross RN try to enter after price retrace because there are chances that it will touch RN and then move on. just my view regards
Yeah thanks for your suggestion jeet..I didn't notice that until you pointed it out..Seems I should re-add my levels indicator!
You just got to have the Bad Days, so you can Love the Good Days even more!
  • #794
  • Jul 16, 2015 6:54am Jul 16, 2015 6:54am
Quoting Albertdkpllh
This is looking interesting. Potential MTZ, almost there. {image}
It's already made more than 30Pips on m15 MTZ
You just got to have the Bad Days, so you can Love the Good Days even more!
  • #795
  • Jul 16, 2015 7:09am Jul 16, 2015 7:09am
Quoting StefyRox
{quote} It's already made more than 30Pips on m15 MTZ
Haha.......well am now in.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 68 KB
My help is in the name of the Lord who made heaven and earth.
  • #796
  • Jul 16, 2015 7:21am Jul 16, 2015 7:21am
Quoting Albertdkpllh
{quote} Haha.......well am now in. {image}
hahaaaah...cool..!
You just got to have the Bad Days, so you can Love the Good Days even more!
  • #797
  • Jul 16, 2015 7:23am Jul 16, 2015 7:23am
Look what happens at red line right entry would easly give u 15 pips
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD-ProM5 16.7.15_2.png Size: 53 KB
  • #798
  • Jul 16, 2015 7:28am Jul 16, 2015 7:28am
Quoting Albertdkpllh
{quote} Haha.......well am now in. {image}
better move ur SL to BE because price is right at 50% fib of day before yesterdays up move.
  • #799
  • Jul 16, 2015 7:30am Jul 16, 2015 7:30am
Quoting jeetvirk
Look what happens at red line right entry would easly give u 15 pips {image}
Broken support and Retrace..!
You just got to have the Bad Days, so you can Love the Good Days even more!
  • #800
  • Jul 16, 2015 1:04pm Jul 16, 2015 1:04pm
So what is better:
to wait for 50% pullback of MTZ candle
or enter immediatly?
Just an opinion. Based on research
0 traders viewing now