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How to predict markets, Catch the moves at value

  • #81
  • Sep 2, 2016 9:11am Sep 2, 2016 9:11am
id the next 15 bar candle closes above r 1 will get the chicken dinner at r 2
  • #82
  • Sep 2, 2016 9:12am Sep 2, 2016 9:12am
Quoting Dennis1468
If you have a bad trade tell me I am not scared to give you a play by play on it. That gets the juices flowing.
I have a real bad trade for AUDJPY since 25 July I bought from 79.1XX to 79.3XX, there are recovering a bit. Should I continue to hold till they turn profit.
TIA
  • #83
  • Sep 2, 2016 9:14am Sep 2, 2016 9:14am
Quoting AstroStudent
{quote} I have a real bad trade for AUDJPY since 25 July I bought from 79.1XX to 79.3XX, there are recovering a bit. Should I continue to hold till they turn profit. TIA
alright let me reach my target r 2 then i will give you feedback
  • #84
  • Sep 2, 2016 9:15am Sep 2, 2016 9:15am
ah yes closed above r 1 15 bar chicken dinner r 2
  • #85
  • Sep 2, 2016 9:18am Sep 2, 2016 9:18am
Quoting AstroStudent
{quote} I have a real bad trade for AUDJPY since 25 July I bought from 79.1XX to 79.3XX, there are recovering a bit. Should I continue to hold till they turn profit. TIA

taking a look
  • #86
  • Sep 2, 2016 9:21am Sep 2, 2016 9:21am
Dont worry about it your trade close at 78.92 at 79 close at 78. 92 tonight your trade at 79.3 close at 79.3 if the 15 bar closes above 78.9
  • #87
  • Sep 2, 2016 9:23am Sep 2, 2016 9:23am
Quoting Dennis1468
{quote} taking a look

Your good bro aj down see the monthly pivt ref above r 2 daily
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_AUD_JPY_15 Mins_snapshot.png Size: 38 KB
  • #88
  • Sep 2, 2016 9:30am Sep 2, 2016 9:30am
Quoting AstroStudent
{quote} I have a real bad trade for AUDJPY since 25 July I bought from 79.1XX to 79.3XX, there are recovering a bit. Should I continue to hold till they turn profit. TIA
Come on AJ. We know you can do it t2 is 78.92for the postion traders to short cover from entry 76.75 last month on monthly CPR
  • #89
  • Sep 2, 2016 9:33am Sep 2, 2016 9:33am
Quoting Dennis1468
{quote} Your good bro aj down see the monthly pivt ref above r 2 daily {image}
Thanks.
Does it mean that I should cut my lost at the monthly pivot.
btw, I have download a pivot indicator but it does not turn out anything close to your pivots.
  • #90
  • Sep 2, 2016 9:35am Sep 2, 2016 9:35am
Quoting AstroStudent
{quote} Thanks. Does it mean that I should cut my lost at the monthly pivot. btw, I have download a pivot indicator but it does not turn out anything close to your pivots.
If you cut at monthly how many pips down will you be? becuase there will be sroiuse pullback at monthly and if you cant take the pressure would be good to get out there
  • #91
  • Sep 2, 2016 9:37am Sep 2, 2016 9:37am
Quoting Dennis1468
{quote} Come on AJ. We know you can do it t2 is 78.92for the postion traders to short cover from entry 76.75 last month on monthly CPR
just saw this post. Thanks but to be honest I cannot understand this terminology used. I have been reading about forex from this forum since late last year, and not knowing the danger I just dive in. Never in this forum I see this stuff you are providing.
really appreciate.
  • #92
  • Sep 2, 2016 9:39am Sep 2, 2016 9:39am
Quoting Dennis1468
{quote} If you cut at monthly how many pips down will you be? becuase there will be sroiuse pullback at monthly and if you cant take the pressure would be good to get out there
Good question but all I can tell you is I am still losing $2000.
  • #93
  • Sep 2, 2016 9:42am Sep 2, 2016 9:42am
Quoting AstroStudent
{quote} Good question but all I can tell you is I am still losing $2000.
Do you know how to cover your trade?
  • #94
  • Sep 2, 2016 9:44am Sep 2, 2016 9:44am
Quoting Dennis1468
{quote} Do you know how to cover your trade?
will reach 80 end of December but pull back in between will be down to 77 50
  • #95
  • Sep 2, 2016 9:45am Sep 2, 2016 9:45am
Quoting Dennis1468
{quote} Do you know how to cover your trade?
I will cut it went is reach $1500, i will take the lost there. I will stop trading and try to learn as much as possible from you till I see the light.
  • #96
  • Sep 2, 2016 9:50am Sep 2, 2016 9:50am
Quoting AstroStudent
{quote} I will cut it went is reach $1500, i will take the lost there. I will stop trading and try to learn as much as possible from you till I see the light.
Has to be your call
  • #97
  • Sep 2, 2016 9:53am Sep 2, 2016 9:53am
Quoting Dennis1468
{quote} Has to be your call
yes, I know.
Hope you continue to share your knowledge. I will figure out how to calculTE FLOOR PIVOT.
  • #98
  • Edited 11:10pm Sep 2, 2016 9:55am | Edited 11:10pm
Will post my NFP play by Play in a minute ..obviously I reached all my targets having just hit R2 as my final Target. As this is a day trade. I will plot the chart decriptivly that will take about 15 minutes to right up, you will see how i pre-planned all the plots way before news release
  • #99
  • Sep 2, 2016 9:56am Sep 2, 2016 9:56am
Quoting AstroStudent
{quote} yes, I know. Hope you continue to share your knowledge. I will figure out how to calculTE FLOOR PIVOT.

Dont worry i will post calcs and stuff a little later on in time
  • #100
  • Sep 2, 2016 9:59am Sep 2, 2016 9:59am
Quoting AstroStudent
{quote} yes, I know. Hope you continue to share your knowledge. I will figure out how to calculTE FLOOR PIVOT.
Pivot is calculated yesterdays high + low + Close / 3.

But different timezones have different Pivots. The London Time Pivots are different to the NY Time Pivots!

Just my 2 Cents....
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