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Trade with 60

  • #281
  • Sep 18, 2015 6:28am Sep 18, 2015 6:28am
Quoting Juri
excellent style of trading Darren!
thank you mate, appreciate that!
tradewith60
  • #282
  • Sep 18, 2015 6:38am Sep 18, 2015 6:38am
G/U new high and closed lower,

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 64 KB
Pressure shapes Legends
  • #283
  • Sep 18, 2015 6:56am Sep 18, 2015 6:56am
Hi 60

Would this be correct for an entry ?
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 36 KB
  • #284
  • Sep 18, 2015 7:02am Sep 18, 2015 7:02am
And this one ?
Attached Image (click to enlarge)
Click to Enlarge Name: Capture 2.PNG Size: 31 KB
  • #285
  • Sep 18, 2015 7:49am Sep 18, 2015 7:49am
Quoting HarryV
Hi 60 Would this be correct for an entry ? {image}
1. coming from the high of the day
2. close down
3. breakout of the low of the close down bar
tradewith60
  • #286
  • Sep 18, 2015 8:25am Sep 18, 2015 8:25am
Quoting Fxentropy
check this EJ...i bit premature as entry.. {image}
Hey fx,
The way I see it you should have been long from the low? What do you think darren?
  • #287
  • Sep 18, 2015 8:47am Sep 18, 2015 8:47am
Quoting FOURX
{quote} Hey fx, The way I see it you should have been long from the low? What do you think darren?
long from the low and a reverse trade short
tradewith60
  • #288
  • Sep 18, 2015 9:51am Sep 18, 2015 9:51am
hey Darren, you are setting your Asia range starting at 10pm UK time to 6am?
  • #289
  • Sep 18, 2015 10:40am Sep 18, 2015 10:40am
Quoting FOURX
hey Darren, you are setting your Asia range starting at 10pm UK time to 6am?
yes, but it really doesn't matter - it's primary purpose is to define a rest/sleep time when volume is likely to be lowest, then I start trading at the start of the European session
tradewith60
  • #290
  • Sep 18, 2015 11:07am Sep 18, 2015 11:07am
Quoting FOURX
{quote} Hey fx, The way I see it you should have been long from the low? What do you think darren?
I saw only the setup short by the time i was in front of screens. So appeared logic to me to enter short....If i would be 1 hour earlier in office, i would take long,yes.
"What would you attempt to do, if you knew your success was a certainty?"
  • #291
  • Sep 18, 2015 11:14am Sep 18, 2015 11:14am
Quoting Fxentropy
{quote} I saw only the setup short by the time i was in front of screens. So appeared logic to me to enter short....If i would be 1 hour earlier in office, i would take long,yes.
I do that a lot when i sleep through my alarm
tradewith60
  • #292
  • Sep 18, 2015 11:23am Sep 18, 2015 11:23am
Thanks both
  • #293
  • Sep 18, 2015 2:18pm Sep 18, 2015 2:18pm
E/U

closed this one...
Pressure shapes Legends
  • #294
  • Sep 18, 2015 2:27pm Sep 18, 2015 2:27pm
Quoting Juri
E/U closed this one...
lovely trade mate, sell at the top, buy it back at the bottom - who was it that said never pick top's and bottoms??? lol... have a nice weekend
tradewith60
  • #295
  • Sep 18, 2015 2:39pm Sep 18, 2015 2:39pm
Quoting 60minuteman
{quote} lovely trade mate, sell at the top, buy it back at the bottom - who was it that said never pick top's and bottoms??? lol... have a nice weekend
hahaha ...you are the man 60 , thanks for this one. Love the simplicity and effectiveness of this

btw...forgot the chart

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH1.png Size: 53 KB
Pressure shapes Legends
  • #296
  • Sep 18, 2015 2:55pm Sep 18, 2015 2:55pm
Quoting Juri
{quote} hahaha ...you are the man 60 , thanks for this one. Love the simplicity and effectiveness of this btw...forgot the chart {image}
took gut's to hold through that second pullback, good stuff!
tradewith60
  • #297
  • Sep 21, 2015 4:34am Sep 21, 2015 4:34am
Darren, how would you handle the last candle on G/U? Its to big for my liking to set the SL above. Maybe find an entry on the retrace?

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1.png Size: 78 KB
Pressure shapes Legends
  • #298
  • Sep 21, 2015 5:54am Sep 21, 2015 5:54am
Quoting Juri
Darren, how would you handle the last candle on G/U? Its to big for my liking to set the SL above. Maybe find an entry on the retrace? {image}
what exactly don't you like about big candles?
tradewith60
  • #299
  • Sep 21, 2015 6:18am Sep 21, 2015 6:18am
Quoting 60minuteman
{quote} what exactly don't you like about big candles?
they scare me ...

but serious, if i get my SL above this one and have my RR about 1:2 or 1:3 its a long way down to my TP.
Pressure shapes Legends
  • #300
  • Sep 21, 2015 6:32am Sep 21, 2015 6:32am
Quoting Juri
{quote} they scare me ... but serious, if i get my SL above this one and have my RR about 1:2 or 1:3 its a long way down to my TP.
real RR is your average winner and average loser - individual trades mean nothing in isolation.
tradewith60
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