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Trading is as simple as 1-2-3

  • #1,581
  • Dec 1, 2016 10:20am Dec 1, 2016 10:20am
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A nice 5+ pick up on the EU into the NY session.
  • #1,582
  • Dec 1, 2016 10:27am Dec 1, 2016 10:27am
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And ditto on the AUD.
  • #1,583
  • Dec 1, 2016 11:39am Dec 1, 2016 11:39am
Quoting hal7
{image} A nice 5+ pick up on the EU into the NY session.
I love these kind of set-ups that top-and-tail the day. USDCAD is particularly good for that.
  • #1,584
  • Dec 2, 2016 11:37am Dec 2, 2016 11:37am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,585
  • Dec 4, 2016 5:09pm Dec 4, 2016 5:09pm
EURJPY Had to be done, lol...

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  • #1,586
  • Dec 5, 2016 4:16am Dec 5, 2016 4:16am
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I took this trade as it took about 45 minutes into the hour for it to move up and then back down through the open. I was content to take a +5 profit. I like it when it move up toward that high quite a bit and then moves down. Often I see very slight upward then it will trigger my trade only to move back up and take out my stop. That is when the market is usually on a one way roll.

This morning trading has been very erratic with abrupt moves in either direction. I suspect just a lot of playing around as there is no news and it is Monday, content with +5 on this one and call it a day, there is a week ahead.
  • #1,587
  • Dec 5, 2016 5:38am Dec 5, 2016 5:38am
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Because I like to live life on the edge I took this trade after it had blasted through Friday's high. Net +5.
  • #1,588
  • Dec 5, 2016 7:26am Dec 5, 2016 7:26am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,589
  • Dec 5, 2016 10:43am Dec 5, 2016 10:43am
Quoting hal7
{image} I took this trade as it took about 45 minutes into the hour for it to move up and then back down through the open. I was content to take a +5 profit. I like it when it move up toward that high quite a bit and then moves down. Often I see very slight upward then it will trigger my trade only to move back up and take out my stop. That is when the market is usually on a one way roll. This morning trading has been very erratic with abrupt moves in either direction. I suspect just a lot of playing around as there...
Yeah, it's nice to see a good, solid move all in one go.
  • #1,590
  • Dec 5, 2016 12:15pm Dec 5, 2016 12:15pm
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,591
  • Dec 6, 2016 5:12am Dec 6, 2016 5:12am
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The market is just too slow this morning, pun intended, and so am I. I got in this EU short at 1.07664. The chart entry should have been 1.07657 so I jumped the gun a smidgin. So far it got as low as 1.07603 and technically should have moved my stop to BE+1.
I didn't as I was asleep at the switch, Zzzzz, as it is very early and.... So now I am waiting to see my fate. My suspicion is it will move to take out yesterday's high there. But one thing I know for sure is the market does not give a hoot what my suspicion is and it will let me know when it is ready, in due time. My stop is at 1.07874.
  • #1,592
  • Dec 6, 2016 5:31am Dec 6, 2016 5:31am
Update: The trading gods were on my side and the trade did move back down to 1.07597. I moved my stop to BE+1 and was promptly taken out thereafter. Success. So the lesson learned here for me was: There is always a second chance in trading, sometimes. Now I can go back to sleep.
  • #1,593
  • Dec 6, 2016 7:56am Dec 6, 2016 7:56am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,594
  • Dec 6, 2016 9:07am Dec 6, 2016 9:07am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,595
  • Dec 6, 2016 9:46am Dec 6, 2016 9:46am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,596
  • Dec 7, 2016 3:37am Dec 7, 2016 3:37am
GBPUSD Possible...

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H4 still showing a hefty amount of red weight behind it, however...

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  • #1,597
  • Dec 7, 2016 3:45am Dec 7, 2016 3:45am
GBP drop carries over to the NZD pairing...

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Again, on the H4 - big push South...

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  • #1,598
  • Dec 7, 2016 4:13am Dec 7, 2016 4:13am
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I thought this EU one would go down to defeat but it held in there and got my +5 pips. I shorted at 1.07246, It initially went down about 3.5 but then inched up throughout the hour toward my stop and came within about 4 but turned back down to finish out with a plus, it was educational.
  • #1,599
  • Dec 7, 2016 7:34am Dec 7, 2016 7:34am
Quoting hal7
{image} I thought this EU one would go down to defeat but it held in there and got my +5 pips. I shorted at 1.07246, It initially went down about 3.5 but then inched up throughout the hour toward my stop and came within about 4 but turned back down to finish out with a plus, it was educational.
In what way?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,600
  • Dec 7, 2016 12:32pm Dec 7, 2016 12:32pm
I learned to not think.
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