Buying 1H 1st entry BB setting 20/1 looking for TP upper band.
Will hedge if exit bearish.
Now 2nd entry 1H TP Kaufman's 50 AMA
Will hedge if exit bearish.
Now 2nd entry 1H TP Kaufman's 50 AMA
FREEDOM IS SECURITY.
Cable Update (GBPUSD)
- #433,402
- Jun 24, 2016 4:11am Jun 24, 2016 4:11am
- Joined Jun 2013 | Status: Trader | 3,071 Posts
Goodmorning labrats. So any new millionaires on here today to congratulate?
- #433,403
- Jun 24, 2016 4:23am Jun 24, 2016 4:23am
- Joined Apr 2011 | Status: Trader | 2,421 Posts
Goodmorning labrats. So any new millionaires on here today to congratulate?
500 pips if price comes back to 142 and i close.
in the K's yes and someday for sure we take the mills
First price break though south, since the up started.
- #433,404
- Jun 24, 2016 4:31am Jun 24, 2016 4:31am
{quote} 147 shorted 500 pips if price comes back to 142 and i close. in the K's yes and someday for sure we take the mills
Drinks are on you then 😁
FREEDOM IS SECURITY.
- #433,406
- Jun 24, 2016 4:36am Jun 24, 2016 4:36am
- Joined Nov 2012 | Status: Coder | 8,521 Posts
{quote} Not as many as margin calls or closed accounts I suspect....
Try don't lose pants never...
- #433,408
- Jun 24, 2016 4:55am Jun 24, 2016 4:55am
- Joined Apr 2011 | Status: Trader | 2,421 Posts
After brexit what, forex trading is funny sometimes. Now is moving to interest rate in the US My humble suggestion is trade what you see on the chart and not all this prediction because the smart money sees all the prediction and they prepare their trades to counter it why some stay away from trading Brexit because of the hip some/all are making cool pips. market flow is market flow , simple supply and demand . Knowing where supply is and demand is to plan your trade.
- #433,409
- Jun 24, 2016 5:03am Jun 24, 2016 5:03am
- Joined Nov 2012 | Status: trend > bias | 2,772 Posts
- #433,412
- Edited 9:26am Jun 24, 2016 5:19am | Edited 9:26am
- Joined Feb 2014 | Status: Trader | 1,796 Posts
In terms of wave action after Brexit, this pair is setting up for a 5 waves (c) wave advance, from near 1.3080, most probably an ending diagonal for the uncertainty, in completing the multi-months correction (4).
Elliott Wave for optimum entry, exit and risk management of trades
- #433,413
- Jun 24, 2016 5:21am Jun 24, 2016 5:21am
- Joined Feb 2016 | Status: Trader | 1,018 Posts
Fed up making money
Off to complete a P11D that my accountant has been screaming for
Good luck everyone!
Off to complete a P11D that my accountant has been screaming for
Good luck everyone!
- #433,414
- Jun 24, 2016 5:33am Jun 24, 2016 5:33am
new market scalp-reversal trend: up / counter-trend move until 5min before 1H (also 4H) candle close; reverse before new 5min candle closes... always like this, and I learn fast. {image}
- #433,415
- Jun 24, 2016 5:39am Jun 24, 2016 5:39am
- Joined Nov 2012 | Status: trend > bias | 2,772 Posts
{quote} Congratulations
Just a demo;
I have crazy cheap vanilla options expiring next week
Strategy for entry/snipe/scalp:
- wait until X:55 (1H close or/better also 4H close)
- watch & enter reversal trade in 5min chart until X+1:05 closes.
- enter trade for reversal with tight stop if the price is at supp. / res.
I think it is human psychology; like other theories: round number, quarters etc.
It rewards good.
- #433,416
- Edited 5:45am Jun 24, 2016 5:42am | Edited 5:45am
- Joined Apr 2012 | Status: Trader | 8,327 Posts
visual update from previous post
Tokyo minus develpment filled, then down to the weak references at round numbers.
Tokyo minus develpment filled, then down to the weak references at round numbers.
Ubi maior minor cessat
- #433,418
- Jun 24, 2016 5:50am Jun 24, 2016 5:50am
- Joined Nov 2012 | Status: trend > bias | 2,772 Posts
- #433,419
- Jun 24, 2016 5:52am Jun 24, 2016 5:52am
{quote} Cheers. Just a demo; I have crazy cheap vanilla options expiring next week
