Thanks for sharing this thread David... to everybody
Still learning.. the system...
Closed some trades
EG+261pips
UC+56
NC+38
total last 24hrs +355pips
In trading, you have to be defensive and aggressive at the same time
- #1,342
- Jul 20, 2016 9:53am Jul 20, 2016 9:53am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #1,343
- Jul 20, 2016 10:04am Jul 20, 2016 10:04am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #1,344
- Jul 20, 2016 10:22am Jul 20, 2016 10:22am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #1,346
- Jul 20, 2016 11:00am Jul 20, 2016 11:00am
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #1,347
- Edited 12:04pm Jul 20, 2016 11:52am | Edited 12:04pm
Davit,
Just my shares..
Why dont you put the term like:
ME/ME (Multiple Entry / Multiple Exit) at the 1 page.. so you don't need to do the repetition
Also the term BEOB and so on.. for me its un-familiar
(sorry for miss-spelled your name)
Nite all... It's already midnight in my zone... hv to work tomorrow
Just my shares..
Why dont you put the term like:
ME/ME (Multiple Entry / Multiple Exit) at the 1 page.. so you don't need to do the repetition
Also the term BEOB and so on.. for me its un-familiar
(sorry for miss-spelled your name)
Nite all... It's already midnight in my zone... hv to work tomorrow
Combination of Edge, Pivot Zone, ADR and magic of PA is A+ Probability
- #1,348
- Jul 20, 2016 1:43pm Jul 20, 2016 1:43pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
nothings moving so managed to squeeze 23pips out of AU
total last 24hrs +378 pips
total last 24hrs +378 pips
In trading, you have to be defensive and aggressive at the same time
- #1,349
- Jul 20, 2016 1:47pm Jul 20, 2016 1:47pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #1,350
- Jul 20, 2016 1:50pm Jul 20, 2016 1:50pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
In trading, you have to be defensive and aggressive at the same time
- #1,353
- Jul 20, 2016 5:23pm Jul 20, 2016 5:23pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
Breaking news RBNZ says further OCR cuts likely +120 pips {image} +70 pips {image}
regret getting out my NC shorts early this morning.Great job you have things on the pulsegreat to see folks who put their minds and time rip mega pips
In trading, you have to be defensive and aggressive at the same time
- #1,354
- Edited 6:34pm Jul 20, 2016 5:43pm | Edited 6:34pm
- Joined Nov 2015 | Status: Trader | 412 Posts
{quote}
Waiting for pull back & I am expecting kiwi dollar re-visit 0.63 or 0.60 level against USD and it's depend on Fed's rate decision.
"I always read about Aussie, New Zealand Economies since I like trading them.Whatever you trade the most make an effort to get familiar fundamentals that is. "
Making ABCD or Butterfly pattern ?
Expecting a down ward wave.
- #1,355
- Jul 20, 2016 10:03pm Jul 20, 2016 10:03pm
Just showing my army is loaded and waiting for action in case of spike on AU {image}
Why would u want to short near the pivot and not buy the zones around S61 or S78? What makes you have a strong bias that AU will retrace up and come back down again? Is it because of fundamentals?
In fact i bought at S61.. Any comments welcome.
As for NC, I saw a bullish pattern here on the H4
And price was around S38 so i bought at that level waiting for it to go back to weekly pivot. But position have just gone against me due to news. Should be more aware of high impact news and not to trade before that.
- #1,356
- Jul 20, 2016 10:33pm Jul 20, 2016 10:33pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} Hi Davit, Why would u want to short near the pivot and not buy the zones around S61 or S78? What makes you have a strong bias that AU will retrace up and come back down again? Is it because of fundamentals? {image} In fact i bought at S61.. Any comments welcome. As for NC, I saw a bullish pattern here on the H4 {image} And price was around S38 so i bought at that level waiting for it to go back to weekly pivot. But position have just gone against me due to news. Should be more aware of high impact news and not to trade before that.
I operate on assumption that market can do anything anytime.As far as why not buy AU. Once I establish direction on a pair usually based on fundamentals (RBA may cut again) I only trade in that direction only.
This only will make sense once you formulate longer term fundies.Fact is USD still dominate and US economy is picking up again.There is no way I would sell USD at these levels.
Don't buy NZD on any pair.Thing to do is wait for rally then sell the rallies.Once you establish weakness of the currency then don't chase it instead exploit it.
Regards
In trading, you have to be defensive and aggressive at the same time
- #1,358
- Edited Jul 21, 2016 4:05am Jul 20, 2016 11:33pm | Edited Jul 21, 2016 4:05am
- Joined Nov 2015 | Status: Trader | 412 Posts
Daily withdraw
+25 pips from R38 to pivot.
I will look for another opportunity.
+20 pips
S100 to S78 corrective wave
Price action from R78 to R61
+20 pips
Double bottom
+10 pips
+10 pips ( counter trend with corrective wave , couldn't go up to 32 % )
Price action +23 pips
Price action cross pivot +20 pips
+25 pips from R38 to pivot.
I will look for another opportunity.
+20 pips
S100 to S78 corrective wave
Price action from R78 to R61
+20 pips
Double bottom
+10 pips
+10 pips ( counter trend with corrective wave , couldn't go up to 32 % )
Price action +23 pips
Price action cross pivot +20 pips
