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  • #1,701
  • Jul 20, 2016 10:20pm Jul 20, 2016 10:20pm
Quoting raiders
{quote} if this is still accurate...which i have no reason to believe its not...then 104.6 {image}
I short UJ too at 107.15.
  • #1,702
  • Jul 20, 2016 10:53pm Jul 20, 2016 10:53pm
Quoting goldgirl
{quote} Market is still watching this swing. Hence, my TP is with small depth.
i dont care for the fact that the rejects arent impulsive....but its probably just because of the time of day. we should find out more about the price action shortly. i still really like GU short from here too. Im watching and waiting for the bear flag to break.
  • #1,703
  • Edited 2:25am Jul 21, 2016 1:48am | Edited 2:25am
What happened to JPY to rally so hard? That was because of some news???
  • #1,704
  • Jul 21, 2016 3:00am Jul 21, 2016 3:00am
Quoting Manel9530
What happened to JPY to rally so hard? That was because of some news???
its got more to rally. its corrective. look at the chart i put up
  • #1,705
  • Edited 5:04am Jul 21, 2016 4:24am | Edited 5:04am
AU
we break yesterdays low and were off to the races...well maybe off to the races lol it could also be completing the the impulse. we need to see about how deep this correction goes first
tp1 is around 7150
tp2 is 6560

just need to find the best entry now account building trade right here
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  • #1,706
  • Jul 21, 2016 4:41am Jul 21, 2016 4:41am
C then look for long entries
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  • #1,707
  • Jul 21, 2016 4:52am Jul 21, 2016 4:52am
GU
sit on hands
above 1.3314 and look for 1.3490
below 1.3064 and look for 1.2750
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  • #1,708
  • Jul 21, 2016 8:33am Jul 21, 2016 8:33am
Quoting goldgirl
{quote} I short UJ too at 107.15.
100 pips in profit now. I exited 30% profit at 105.60. Reload at 106.30
  • #1,709
  • Jul 21, 2016 8:35am Jul 21, 2016 8:35am
Quoting raiders
GU sit on hands above 1.3314 and look for 1.3490 below 1.3064 and look for 1.2750 {image}
I shorted and book some profits today. Reloaded short at 1.3260 aim 1.2800
  • #1,710
  • Jul 21, 2016 8:37am Jul 21, 2016 8:37am
Quoting raiders
{quote} i dont care for the fact that the rejects arent impulsive....but its probably just because of the time of day. we should find out more about the price action shortly. i still really like GU short from here too. Im watching and waiting for the bear flag to break.
I added my entries when the support broken. Booked some profits on the news and now reloading my short entries.
  • #1,711
  • Jul 21, 2016 8:46am Jul 21, 2016 8:46am
Quoting goldgirl
{quote} I shorted and book some profits today. Reloaded short at 1.3260 aim 1.2800
ive been going over this chart all morning trying to break it down and im starting to think it might actually be bullish looking for 1.375. i want to see how 1.3146 reacts but if we bounce then i might go long. im not sure though because its choppy and the fundamentals and cot reports are all saying stay short but the 4h is reminding me about the gap and i think we might be in a flat with equal legs sending us up there. the hard reject on 7/20 is screaming at me because of the level it bounced from

what are your thoughts?
  • #1,712
  • Jul 21, 2016 6:38pm Jul 21, 2016 6:38pm
Quoting raiders
{quote} ive been going over this chart all morning trying to break it down and im starting to think it might actually be bullish looking for 1.375. i want to see how 1.3146 reacts but if we bounce then i might go long. im not sure though because its choppy and the fundamentals and cot reports are all saying stay short but the 4h is reminding me about the gap and i think we might be in a flat with equal legs sending us up there. the hard reject on 7/20 is screaming at me because of the level it bounced from what are your thoughts?
Well, trend is on short right now. We can book less profit at 1.3146 first and see how it goes. From what I see, 1.2800 is still a possible mid term target should UK rate cut and easing package is fall out of expectation.
  • #1,713
  • Jul 21, 2016 6:42pm Jul 21, 2016 6:42pm
Well, all my GBP trades are now in green pips. Will find a near term bear resistance to book my profit on H4 chart.
  • #1,714
  • Edited Jul 22, 2016 2:11am Jul 21, 2016 8:53pm | Edited Jul 22, 2016 2:11am
trying for a reversal here in AU...rejected the 786 fib from yesterdays low to todays high...took a long at 747 w a very tight sl at 746 the RR is amazing here since i think it brings at least 754..hopefully. either way if it makes some space ill be moving the sl to be right away and prob take profit at 752\

if my techs are correct drop the account on the next short....wave 3 of 3


edit....be
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  • #1,715
  • Jul 21, 2016 8:59pm Jul 21, 2016 8:59pm
GJ
will be selling the next touch of the top of the triangle....with a SL at 140.54 looking for 137. i think there is maybe a bit further it can go than 137 but i want to be looking for a buy around there and want my mind clear so i can focus on the buy and not protecting my position.....if it get there of course
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  • #1,716
  • Jul 22, 2016 7:23am Jul 22, 2016 7:23am
I post here is try learn from mistake they make.[ since free now ]
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0.01 lot profit , then add 1 lot sell that so risky , but if this lot make profit , he can double account in no time.
actually the correct short position is show.
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after 5 up move bar , must close profit/loss , or reverse[have to look at situation 1st if reverse trade]
** 5 consecutive bar move line up is danger signal .
** I less post because busy mq4ing and observe M1 price moving .
Exits == most important part of your strategy
  • #1,717
  • Jul 22, 2016 1:21pm Jul 22, 2016 1:21pm
H4 trade short hold till next week , let see.
* reason : H4 alligator. --- predict win rate is not high since price inside kumo. but nvm .. test trade for fun since I can scalp back $$$ any day.
Exits == most important part of your strategy
  • #1,718
  • Jul 22, 2016 3:06pm Jul 22, 2016 3:06pm
Quoting edmun1388
H4 trade short hold till next week , let see. * reason : H4 alligator. --- predict win rate is not high since price inside kumo. but nvm .. test trade for fun since I can scalp back $$$ any day.
I been practicing scalping with high pip values - not bad going for a day see if I can keep it going
  • #1,719
  • Jul 24, 2016 5:45pm Jul 24, 2016 5:45pm
I got no time to be monitoring my trades 18 hours just like before. As there is a family emergency. I have a short H4 chart Set to target 300 pips in profit with a 170 pips stop. As of now price action seems to be set on testing the lower right shoulder of the inverted H&S pattern. If it trades lower than that it is a good idea to add to short.

I'll be silent for a couple of days but will have this one trade on. Maybe it's going to hit it in 2-3 days or stopped out. I hope it works as always shit happens.
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  • #1,720
  • Edited 11:51pm Jul 25, 2016 5:30pm | Edited 11:51pm
Quoting maflip
I got no time to be monitoring my trades 18 hours just like before. As there is a family emergency. I have a short H4 chart Set to target 300 pips in profit with a 170 pips stop. As of now price action seems to be set on testing the lower right shoulder of the inverted H&S pattern. If it trades lower than that it is a good idea to add to short. I'll be silent for a couple of days but will have this one trade on. Maybe it's going to hit it in 2-3 days or stopped out. I hope it works as always shit happens. {image}
+ 300 pips Good enough? Target hit.
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