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Start Winning - Trade the Current Trend

  • #161
  • Nov 21, 2016 10:15am Nov 21, 2016 10:15am
Quoting geol13
found this in the forums, might help http://www.forexfactory.com/showthread.php?t=202074 post no.4
Thanks, but not for this system geol13.
Indentify > Plan > Accept > Execute
  • #162
  • Nov 21, 2016 10:19am Nov 21, 2016 10:19am
Quoting wizlon32
{quote} Personally I would take the profit. There could be some buying here for the reasons I mentioned above. But it's your call.
Also I have taken the trade and closed at 1,060

Attached Image (click to enlarge)
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  • #163
  • Nov 21, 2016 10:26am Nov 21, 2016 10:26am
TP reached, +12. Yes, the 120 ema´s are not crossed yet, that was a mistake. Right now is just crossing.

Quoting Trinquete
Now is a free trade, SL move to BE... {image}
  • #164
  • Nov 21, 2016 10:28am Nov 21, 2016 10:28am
Quoting Trinquete
TP reached, +12. Yes, the 120 emas are not crossed yet, that was a mistake. Right now is just crossing. {quote}
Nice trade well done.
Indentify > Plan > Accept > Execute
  • #165
  • Nov 21, 2016 10:30am Nov 21, 2016 10:30am
Quoting Trinquete
TP reached, +12. Yes, the 120 emas are not crossed yet, that was a mistake. Right now is just crossing. {quote}
m1 based on h1 shorts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: m1.png Size: 40 KB
Click to Enlarge Name: h1.png Size: 30 KB
Carpe Diem
  • #166
  • Nov 21, 2016 10:34am Nov 21, 2016 10:34am
Quoting geol13
{quote} m1 based on h1 shorts {image} {image}
Bravo. As easy as that!
Indentify > Plan > Accept > Execute
  • #167
  • Nov 21, 2016 10:38am Nov 21, 2016 10:38am
Thanks wizlon32, can I ask you something. In H1 the 120 ema,s are telling us the trend is down, and in M5 the 120 ema´s is just crossing according to the rules in the same direction that H1. Can we expect the proper pullback to go short again?. I know that is a danger zone, but I just trying to get the rules.

Quoting wizlon32
{quote} Nice trade well done.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-m5m1-21-4.jpg Size: 206 KB
  • #168
  • Nov 21, 2016 10:40am Nov 21, 2016 10:40am
Quoting wizlon32
{quote} Bravo. As easy as that!
Thank you wizlon, just hope in such a situation that nothing goes wrong and I have a sudden contra trend..any suggestions how to deal with that? setting up barricades?
Carpe Diem
  • #169
  • Nov 21, 2016 10:40am Nov 21, 2016 10:40am
When using BRNs or Big Round Numbers in your trading here is what you need to be aware of. The favourite place for Big Money to accummulate shorts is above
whole (000), Half (500) and Quarter (250/750) numbers.

And Below these levels for longs.
Indentify > Plan > Accept > Execute
  • #170
  • Nov 21, 2016 10:45am Nov 21, 2016 10:45am
Quoting Trinquete
Thanks wizlon32, can I ask you something. In H1 the 120 ema,s are telling us the trend is down, and in M5 the 120 emas is just crossing according to the rules in the same direction that H1. Can we expect the proper pullback to go short again?. I know that is a danger zone, but I just trying to get the rules. {quote} {image}
Yes. Keep watching and trade what you see.
Indentify > Plan > Accept > Execute
  • #171
  • Nov 21, 2016 10:47am Nov 21, 2016 10:47am
Quoting geol13
{quote} Thank you wizlon, just hope in such a situation that nothing goes wrong and I have a sudden contra trend..any suggestions how to deal with that? setting up barricades?
I manage these situations by hedging. This is something we can look at later in the thread.
Indentify > Plan > Accept > Execute
  • #172
  • Nov 21, 2016 11:00am Nov 21, 2016 11:00am
The dentist tried to extract my wisdom tooth today and failed so now ive got a bit of pain so I need to pop out to a shop for some pain killers.

Thanks for your contributions to the thread today guys.

Catch you later.
Indentify > Plan > Accept > Execute
  • #173
  • Nov 21, 2016 11:02am Nov 21, 2016 11:02am
Quoting wizlon32
The dentist tried to extract my wisdom tooth today and failed so now ive got a bit of pain so I need to pop out to a shop for some pain killers. Thanks for your contributions to the thread today guys. Catch you later.
Congestion over 1.06 in EU now, shorting above it, let's see
Carpe Diem
  • #174
  • Nov 21, 2016 11:06am Nov 21, 2016 11:06am
Quoting geol13
{quote} Congestion over 1.06 in EU now, shorting above it, let's see
Same here. I'm counting for break the last low.
Next target 1.0500
  • #175
  • Nov 21, 2016 11:29am Nov 21, 2016 11:29am
Quoting wizlon32
Has anyone made any money today using this system? Please share if you have.
Wizlon,
my trades for today only 1 pic as its the only one left open (partly) I closed half early when it started to pull back and I also like to keep trades open for a little while however I think you're correct by getting in and out with this system.
EUR/SEK closed for + 30 pips
NZ/USD closed for - 25 pips due to not following rules 100% the pink and blue were very close but not crossed!!!! live and learn.
and below CAD Took 50 off already@ 50% it has pulled back but hoping the trend will flow (not called loony for nothing)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 42 KB
Stop killing our Oceans, Stop using single use plastics.
  • #176
  • Nov 21, 2016 11:39am Nov 21, 2016 11:39am
Quoting jakdan
{quote} Wizlon, my trades for today only 1 pic as its the only one left open (partly) I closed half early when it started to pull back and I also like to keep trades open for a little while however I think you're correct by getting in and out with this system. EUR/SEK closed for + 30 pips NZ/USD closed for - 25 pips due to not following rules 100% the pink and blue were very close but not crossed!!!! live and learn. and below CAD Took 50 off already@ 50% it has pulled back but hoping the trend will flow (not called loony for nothing) {image}
Excellent. You basically took the trade that I used in my "text Book" example earlier. You could even get another entry here. Those Bullish engulfing candles are slightly concerning though. Really hope it drops for you mate.
Indentify > Plan > Accept > Execute
  • #177
  • Nov 21, 2016 11:40am Nov 21, 2016 11:40am
Quoting MaryJ84
{quote} Same here. I'm counting for break the last low. Next target 1.0500
Welcome MaryJ84.
Indentify > Plan > Accept > Execute
  • #178
  • Nov 21, 2016 11:48am Nov 21, 2016 11:48am
Quote

  1. wizlon32

can u share day tpl mate?
  • #179
  • Nov 21, 2016 12:00pm Nov 21, 2016 12:00pm
Cad back on?????
Stop killing our Oceans, Stop using single use plastics.
  • #180
  • Nov 21, 2016 12:01pm Nov 21, 2016 12:01pm
Quoting geol13
{quote} Congestion over 1.06 in EU now, shorting above it, let's see
Here is an opinion on EURUSD. Could be wrong but makes sense to me.

Attached Image (click to enlarge)
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Indentify > Plan > Accept > Execute
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