SAINT's Free Account Concept- $100 to $0.1 Million - Attempt Journal | Page 8 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Equity Millipede Concept by Concept 99 replies

SAINT's Free Account Concept- $100 to $10,000- Attempt Journal 10 replies

Thegman's Journal (Equity Millipede Concept) 102 replies

SAINT's Free Account Concept - Unique MM Mod Advantage for any High Win-Rate Strategy 7 replies

Free Account Concept - ForexSaint Model - Attempt 1 0 replies

Attachments: SAINT's Free Account Concept- $100 to $0.1 Million - Attempt Journal
Exit Attachments

SAINT's Free Account Concept- $100 to $0.1 Million - Attempt Journal

  • #141
  • Nov 20, 2015 4:18am Nov 20, 2015 4:18am
USDCAD Bear Case

H4 TF
Nice Pin Bearish Rejection & currently close to LOD
Shorts playing out perfect. Can a sniper setup to with R:R ration of >=1:100
IMO Any retrace a good opportunity to add shorts
Attached Image (click to enlarge)
Click to Enlarge Name: 2015_11_20_USDCAD_H4_PerfectBearishPinRejection.jpg Size: 155 KB



Lets WaitnWatch
NOTE: Canadian Retail sales and CPI data later today
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #142
  • Nov 20, 2015 4:59am Nov 20, 2015 4:59am
Quoting forexsaint
USDCAD Bear Case H4 TF Nice Pin Bearish Rejection & currently close to LOD Shorts playing out perfect. Can a sniper setup to with R:R ration of >=1:100 IMO Any retrace a good opportunity to add shorts {image} Lets WaitnWatch NOTE: Canadian Retail sales and CPI data later today
congrats, men.

but, why do u use this EMAs?
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #143
  • Nov 20, 2015 5:15am Nov 20, 2015 5:15am
Quoting tnavi
{quote} congrats, men. but, why do u use this EMAs?
Congrats? haven't yet made 1000 fold!
They are Simple moving averages (not EMA's). They just give a general direction of trend. Given i have been using them since long.. i find them nice on charts
(nothing so special about them though)
Further higher number EMA's like 100.200,500 are like sweet spot 00 levels. Often general market (or herd) looks upon them
Anything looked up by herd/mass should be looked at IMO to understand mass psychology & levels (simple well known price Patterns are mass psychology only literally IMO)
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #144
  • Nov 20, 2015 5:36am Nov 20, 2015 5:36am
USDCAD

M15 TF
Possible Right shoulder forming of Bearish H & S, with neck at 1.3285 (shoulder can be as high as 1.3307 (typical case)
Grade B SUP 1.3280(as mentioned) closeby.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #145
  • Edited 6:26pm Nov 20, 2015 5:39am | Edited 6:26pm
muahaha... keep killing saint
Time hides Nothing
  • #146
  • Nov 20, 2015 7:42am Nov 20, 2015 7:42am
USDCAD
here it goes.. LOD ....
Testing Gr B SUP 3280 ..Break is important for further downpressure

Lets WnW
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #147
  • Nov 20, 2015 8:54am Nov 20, 2015 8:54am
WTI Crude
Testing a major TL RES on upside.
Break above 42.20 would take out good amount of bear stops.. Tight consolidation since few days

USDCAD
That D1 TF long Candle wick looks good for bears

Lets WnWatch
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #148
  • Nov 20, 2015 9:46am Nov 20, 2015 9:46am
USDCAD
Bearish Momentum gets lost around lower range. Price back above broken Gr B SUP 1.3280
Falling into too many bids down there. Larger TF Bearish play .. prolly might play later next week.
Not liking the PA

FWIW.. took some scalp Long positions for HOD's around 1,3330's
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #149
  • Nov 20, 2015 11:44am Nov 20, 2015 11:44am
Quoting forexsaint
Hi Forexfactory Just logged in after 6 months.. Interesting moves/times ...huh?? So the words best currency .. USD ..() of the best economy of world... US () getting a Hike in december.. during the times when economical revolution in full force US Right ? Anyway some other FX projects have completed....and have some time ...would resume the thread/aim /
Hey forexsaint..

Ive followed your posts over the years... nice to see you around again ..

All the best..

Cheers

Ja
Memories caught in time but never forgotten
  • #150
  • Nov 20, 2015 11:56am Nov 20, 2015 11:56am
USDCAD
Bearish bias played out for about 60 pip move from 3333 & 3269 as a whole but found price dealing with huge amount of bids around Gr B SUP of 3280
Even after it break, bearish momentum kept getting absorbed & demand kept coming in at LOD (Can see found out based on PA on very small TF's)

In between both bulls & bears got whipsawed

Based on
- failure to follow up with bearish momentum
- Small TF PA & smart heavy bidding at LOD (marked on chart..esp the quick retrace up (marked in square box))
- USD getting bid across majors (some profit taking too on weekend)
took longs & played out good
Booked at HOD's ~ 1.3340
Attached Image (click to enlarge)
Click to Enlarge Name: 2015_11_20_USDCAD_M5_PostFakeWhippingBullBear_HeavyBiddingREVERSAL.jpg Size: 109 KB


For BEAR case
would wait for next week..lets see how it handles Grade A RES 1.3350-65 area (as mentioned before)
Bear case is still fully valid on higher TF's. Would sit on sidelines till then


Stopped short of locking profits in down move of ~ 60 pips ...which was jagged. Got whipsawed too during Data release
(sometimes Multiple MT4 handling different accounts gets awry..esp during quick moves)
Anyway Attempt up 3800%.

Lets WaitnWatch next week
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #151
  • Nov 20, 2015 12:01pm Nov 20, 2015 12:01pm
Quoting CindyXXXX
muahaha... keep killing saint https://www.youtube.com/watch?v=pUMd6rFxS34
lol..
u sure dont post a single post without a video

P.S. dont like K.west BTW

Quoting j4d
{quote} Hey forexsaint.. Ive followed your posts over the years... nice to see you around again .. All the best.. Cheers Ja
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #152
  • Nov 22, 2015 2:45pm Nov 22, 2015 2:45pm
Quoting forexsaint
USDCAD Bearish bias played out for about 60 pip move from 3333 & 3269 as a whole but found price dealing with huge amount of bids around Gr B SUP of 3280 Even after it break, bearish momentum kept getting absorbed & demand kept coming in at LOD (Can see found out based on PA on very small TF's) In between both bulls & bears got whipsawed Based on - failure to follow up with bearish momentum - Small TF PA & smart heavy bidding at LOD (marked on chart..esp the quick retrace up (marked in square box)) - USD getting bid across majors...
Thats really inspiring what you show here .Looks like you re one of these rare phenomenons in the currency market . Subscribed .. Guido
Risiko birgt immer auch die Chance.
  • #153
  • Edited 10:47pm Nov 22, 2015 3:18pm | Edited 10:47pm
Update 57 done in 1st post.



Quoting Sesamstrasse
{quote} Thats really inspiring what you show here ......
not sure about inspiring part....but surely aggressive & bit unconventional trading..esp as the attempt passes through first 2 stages
& to be frank , dont wanna inspire people doing same..as heavy odds are stacked against such attempts...which will mostly end in pain.(whatever there is for such tiny acc's)
anyway
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #154
  • Edited 11:12pm Nov 22, 2015 10:43pm | Edited 11:12pm
NZDUSD
Along with other antipodean half , retraced a lot of last week upmove.. in early week open
Looking at AUDNZD, i consider pretty stretched, AUD might take a backseat and NZD can be the Hot hand .

BULL CASE
- 6502 is LOD till now . Multiple Confluence of LVL's around this zone
- Zone of 6515 to 6490. SUP (from july 2015) Turned RES (from Aug2015 end) Turned SUP(Since early Nov 2015)
- Testing major Grade AA SUP 6500 and a sweet spot "00" & "*5" level
- Last W1 TF candle is a nice PIN bearish rejection formed at same SUP zone
- On D1 TF, an atypical (bit extended to my taste) bullish flag is seen with price currently in channel.
- On H4 TF, Bullish INV H&S possibility with right shoulder currently forming with neck line break @ Grade A RES 6620 (with confluence of D1 TF channel downward TL & neck line of a perfectly played H4 TF Bearish H&S)
- Commodity index (esp copper) already at multi year lows with antipodeans resisting .

BEAR CASE
- Sustained downtrend since July 2014 (though with fatigued momentum/major profit booking in Sept Oct(see the MN TF Candles)
- Rejected a 6900 sweet LVL (Grade AAA RES now) & continuation of downtrend (though already retraced 400 Pips since then)
- Broke back below the bullish Cup & handle neck on 6th Nov 15
- Currently Testing the inclined SUP TL since August Lows(3rd time) and might break
- On H1 TF, possible right shoulder of bearish H&S forming with neck line again at 6500 (something which might take it lower on short term or a fakey)
- USD strength across the board into the (lame) meaningless Rate hike dramatics... that too if happens (personally think "NO WAY")

Bias of BULL case; Opportunity on H4/D1 TF ; Took some long; Will add/bail based on PA @ BEAR case levels(in case)

Charts some time later
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #155
  • Nov 22, 2015 11:46pm Nov 22, 2015 11:46pm
NZDUSD


d1 tf
Attached Image (click to enlarge)
Click to Enlarge Name: 2015_11_23_NZDUSD_D1_Longs_HeavySUPconfluence.jpg Size: 244 KB



h4 tf
Attached Image (click to enlarge)
Click to Enlarge Name: 2015_11_23_NZDUSD_H4_Longs_SUPConfluence_BullishPatterns.jpg Size: 343 KB



h1 tf
Attached Image (click to enlarge)
Click to Enlarge Name: 2015_11_23_NZDUSD_H1_Longs_Confluence.jpg Size: 366 KB
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #156
  • Nov 23, 2015 12:08am Nov 23, 2015 12:08am
USDCAD
Following up with previous posts

Based on Higher TF Charts,
Personally not adding longs (Except for any scalps).
Today can be a possible Fakey. Lets see the daily Close and PA up here at HOD
Mostly sitting on sidelines, waiting to short

D1 TF
Attached Image (click to enlarge)
Click to Enlarge Name: 2015_11_23_USDCAD_D1_BearCase_MutipleBearishWedges_ProllyFakey.jpg Size: 258 KB
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #157
  • Edited 1:59am Nov 23, 2015 1:39am | Edited 1:59am
NZDUSD

- No follow through to New LOD. Just by meager 1 pip, atleast as of now
- Noting some bids/interest coming in at LOD
- Scaling into longs . First RES above .. a Gr B RES 6550
- On upside, Move above 6515 now wud confirm a early morning bear trap
- On downside, more interest around 6490-6480's

Lets WaitnWatch
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #158
  • Edited 11:51am Nov 23, 2015 11:29am | Edited 11:51am
Quoting forexsaint
NZDUSD - No follow through to New LOD. Just by meager 1 pip, atleast as of now - Noting some bids/interest coming in at LOD - Scaling into longs . First RES above .. a Gr B RES 6550 - On upside, Move above 6515 now wud confirm a early morning bear trap - On downside, more interest around 6490-6480's Lets WaitnWatch
Hi forexsaint,

May I ask how do you do where bids and interest is? Are you looking at S & R zones, or do you use some type of service for this. Looking to see if they have a board that shows where people are buying for free. Thanks mate.
  • #159
  • Edited 8:36pm Nov 23, 2015 8:25pm | Edited 8:36pm
NZDUSD

-Here it went at last, clearing stops accumulated above 6520 after whipping bulls & bears whole day last day in unlimited chop
- Personally didnt like the timing of entries(i.e yesterday) and was looking to close for a scalp but after a BIAS review kept holding, as i see this play out on larger TF (and can be a good reversal point for bulls) Similar price action/pattern in H1 and D1 TF (will post abt it later)
- One of the reasons was AUDNZD kept pressing up for multi week highs (didnt retrace as expected).
- Grade B RES 6550 is next & bear squeeze possible if happens soon
- Any break back below 6520 soon would weak the bull case/resolve and points to weak upward momo
- Would be scaling in into more longs as per small retracements on lower TF's, as it moves up


Lets WnW
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #160
  • Nov 23, 2015 8:33pm Nov 23, 2015 8:33pm
Quoting forexsaint
USDCAD Following up with previous posts Based on Higher TF Charts, Personally not adding longs (Except for any scalps). Today can be a possible Fakey. Lets see the daily Close and PA up here at HOD Mostly sitting on sidelines, waiting to short D1 TF {image}
D1 TF
Attached Image (click to enlarge)
Click to Enlarge Name: 2015_11_24_USDCAD_D1_BearCase_MutipleBearishWedges_PerfectPinRejection.jpg Size: 258 KB


As expected
- look at that D1 Candle Wick. Nice Rejection
- Bears nicely sucked in & currently appears to be a nice trap
- Short since 3413 & 3395 and looking to add (not in this account)
- Would be interesting to watch todays close too


Lets WnW
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
0 traders viewing now