TRD | Page 109 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: TRD
Exit Attachments

TRD

  • #2,161
  • Mar 29, 2016 1:45am Mar 29, 2016 1:45am
nice confluence on LTF. Very careful entry. Ready to cut, if doesnt work
Attached Image (click to enlarge)
Click to Enlarge Name: ss+(2016-03-29+at+08_47_18).png Size: 38 KB
  • #2,162
  • Mar 29, 2016 1:46am Mar 29, 2016 1:46am
Quoting TheRealDeal
nice confluence on LTF. Very careful entry. Ready to cut, if doesnt work {image}
the way looks clean to 1340
  • #2,163
  • Edited 3:26am Mar 29, 2016 2:39am | Edited 3:26am
GU 4213 long. SL 4190, moving up as it goes.
EU long 177, SL 10 pips.

(nailed GU)

Scaled out gu 50%, SL to BE+5 pips -> off to university, see you at Yellen, I wanna buy more dips like these today
  • #2,164
  • Mar 29, 2016 2:58am Mar 29, 2016 2:58am
Quoting DemoAntares
GU 4213 long. SL 4190, moving up as it goes. EU long 177, SL 10 pips. (nailed GU)
Good Job! I am buying the eU all the way down. As said before its not for newbie traders. Stick to the razor sharp entries!
  • #2,165
  • Mar 29, 2016 3:08am Mar 29, 2016 3:08am
Quoting TheRealDeal
{quote} Good Job! I am buying the eU all the way down. As said before its not for newbie traders. Stick to the razor sharp entries!
Yeah I know

Don't have the nerves (bowls) to load up on eu albeit it will have more potential than gu in mid term.
  • #2,166
  • Mar 29, 2016 3:25am Mar 29, 2016 3:25am
GU
Attached Image (click to enlarge)
Click to Enlarge Name: 3-29.png Size: 27 KB
  • #2,167
  • Mar 29, 2016 3:41am Mar 29, 2016 3:41am
Quoting DemoAntares
{quote} Yeah I know Don't have the nerves (bowls) to load up on eu albeit it will have more potential than gu in mid term.
Good thing about this kind of trading are the exponential explosive profits and removes the trouble with the banks chaising your stop. Bad side is that you are constantly in unrealized DD (not sure if its a bad side) and it can go further against you and really test your balls.

So if you are good in determining market direction, it may work for you.
  • #2,168
  • Mar 29, 2016 3:58am Mar 29, 2016 3:58am
Quoting TheRealDeal
{quote} if you are good in determining market direction, it may work for you.
And that you will learn if you focus on what banks DO:

1. Where they hunt?
2. Why they hunt?
3. How they hunt?
4. How is market reacting on their actions?

You dont need to accumulate with them. Just watch the stop hunt, get confirmation and get in for a little ride like 20-30 pips to the next low/high.
Do that 1-2 times a day in HTF areas.
  • #2,169
  • Mar 29, 2016 4:58am Mar 29, 2016 4:58am
taking partial profit already as i upload this SS
Attached Image (click to enlarge)
Click to Enlarge Name: ss+(2016-03-29+at+11_59_08).png Size: 44 KB
  • #2,170
  • Mar 29, 2016 6:15am Mar 29, 2016 6:15am
Quoting TheRealDeal
taking partial profit already as i upload this SS {image}
Done for the day!
Attached Image (click to enlarge)
Click to Enlarge Name: ss+(2016-03-29+at+01_17_09).png Size: 44 KB
  • #2,171
  • Mar 29, 2016 6:23am Mar 29, 2016 6:23am
Quoting TheRealDeal
{quote} Done for the day! {image}
Good job
Attached Image (click to enlarge)
Click to Enlarge Name: nY4T9.png Size: 18 KB
"What would you attempt to do, if you knew your success was a certainty?"
  • #2,172
  • Mar 29, 2016 6:39am Mar 29, 2016 6:39am
Quoting Fxentropy
{quote} Good job {image}
You Too
Look at the USDX. Love failed TLs
Attached Image (click to enlarge)
Click to Enlarge Name: ss+(2016-03-29+at+01_41_27).png Size: 29 KB
  • #2,173
  • Mar 29, 2016 6:40am Mar 29, 2016 6:40am
Quoting TheRealDeal
{quote} And that you will learn if you focus on what banks DO: 1. Where they hunt? 2. Why they hunt? 3. How they hunt? 4. How is market reacting on their actions? You dont need to accumulate with them. Just watch the stop hunt, get confirmation and get in for a little ride like 20-30 pips to the next low/high. Do that 1-2 times a day in HTF areas.
Trying to catch you up here guys. Reading thread from beginning, very valuable info is shared here.
I would like to share my opinion.

1. Where they hunt ?
They hunt where the stops are

2. Why they hunt ?
They hunt because of the liquidity (turns "our" long/short stops in their short/long position) & best price.

3. How they hunt ?
I assume they can push a price wherever they want. Also, according to TRD, they can do nothing and price falls or raises (personally, I like this idea)

4. How is market reacting on their actions ?
We must watch price action at specific levels and position ourselves to right direction as soon as we get confirmation.


Green pips to all !
  • #2,174
  • Mar 29, 2016 6:58am Mar 29, 2016 6:58am
Quoting 01donatas
{quote} Trying to catch you up here guys. Reading thread from beginning, very valuable info is shared here. I would like to share my opinion. 1. Where they hunt ? They hunt where the stops are 2. Why they hunt ? They hunt because of the liquidity (turns "our" long/short stops in their short/long position) & best price. 3. How they hunt ? I assume they can push a price wherever they want. Also, according to TRD, they can do nothing and price falls or raises (personally, I like this idea) 4. How is market reacting on their actions ? We must watch...
Very good! You noticed the obvious

Now write a thesis of 100 pages for each point :nerd:
  • #2,175
  • Mar 29, 2016 7:06am Mar 29, 2016 7:06am
Quoting TheRealDeal
{quote} Very good! You noticed the obvious Now write a thesis of 100 pages for each point :nerd:
And 400 about trading psichology
  • #2,176
  • Mar 29, 2016 7:17am Mar 29, 2016 7:17am
Quoting 01donatas
{quote} And 400 about trading psichology
That's the only thing we do here. We trade the psychology
  • #2,177
  • Mar 29, 2016 7:34am Mar 29, 2016 7:34am
Quoting TheRealDeal
{quote} Done for the day! {image}
Same here

Some thoughts about US session: GU has a nice potential to hunt stops on 5/15 min TF - but I'd like to see it there for a quality short.
4H dxy is setup ideally to hunt stops - and most probably rebound back into last red candle's body.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: US Dollar Index (per 0.01) Jun 16 CFD_Tue Mar 29 2016.png Size: 43 KB
Click to Enlarge Name: GBPUSD_Tue Mar 29 2016.png Size: 68 KB
  • #2,178
  • Mar 29, 2016 7:43am Mar 29, 2016 7:43am
Went for it, almost a sniper trade - SL to BE as we speak
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD_Tue Mar 29 2016.png Size: 68 KB
  • #2,179
  • Mar 29, 2016 7:46am Mar 29, 2016 7:46am
Quoting DemoAntares
{quote} Same here Some thoughts about US session: GU has a nice potential to hunt stops on 5/15 min TF - but I'd like to see it there for a quality short. 4H dxy is setup ideally to hunt stops - and most probably rebound back into last red candle's body. {image} {image}
This is still not confirmed double bottom. You still have one candle on the second point. In order to become a good hunt area, price need to bounce and spend some time above it for order flow to build there.
I think dollar could fall to 95.25 now. But not sure
  • #2,180
  • Mar 29, 2016 7:50am Mar 29, 2016 7:50am
Quoting TheRealDeal
{quote} This is still not confirmed double bottom. You still have one candle on the second point. In order to become a good hunt area, price need to bounce and spend some time above it for order flow to build there. I think dollar could fall to 95.25 now. But not sure
You are absolutely correct. But if it doesn't, my GU is golden then
4 traders viewing now