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  • #421
  • Feb 7, 2017 5:06pm Feb 7, 2017 5:06pm
Quoting bg_sunny
{quote} What are your thoughts on a GU short? {image}
hi bg_sunny,

My take is probably the price will take up to 1.26 area.
Then fierce fight happen, anyhow my down trend still intact.

My short bias will trigger soon. let the market tell me.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD+H4.png Size: 45 KB
Let Market Tell You
  • #422
  • Feb 7, 2017 6:08pm Feb 7, 2017 6:08pm
Quoting bg_sunny
{quote} More likethey trapped you on the wicks on the left I'd say Everybody has their story to tell when they look at the market.
good advice
better stay away
Let Market Tell You
  • #423
  • Feb 7, 2017 6:09pm Feb 7, 2017 6:09pm
Hi Ivy,

do do you manage to get out GA pair?
Let Market Tell You
  • #424
  • Feb 7, 2017 6:16pm Feb 7, 2017 6:16pm
Quoting bg_sunny
{quote} USDCHF is such a nice pair to trade. Doesn't move much, behaves, easy to read, the Stop hunt which you wonderfully took was just 134 ticks on my borker. on GU and this is easily the double or triple sometimes.
Hi bg_sunny

my yesterday trade still alive today morning
im not sure how long it can last
Let Market Tell You
  • #425
  • Feb 7, 2017 10:08pm Feb 7, 2017 10:08pm
Quoting bg_sunny
{quote} What are your thoughts on a GU short? {image}
Off topic:
Mate, may I ask where you get the dashboard control panel for TP & SL?
  • #426
  • Edited 11:45pm Feb 7, 2017 11:03pm | Edited 11:45pm
Quoting FxLapozi
{quote} Off topic: Mate, may I ask where you get the dashboard control panel for TP & SL?
Hello Sir
I had it custom made by a great developer on upwork.com.
His name is Mikhail. There are some less visible features in it, like that if one of the orders hits TP the othets which are part of the total initial set of orders will be cancelled (sort of OCO). Also confirmation button can be switched on, so it asks before you get out of an order.
It is a representation of my thought process while trading and hence it has developped over the last 4-6 months. I had Mikhail add on things over time and I expect it to develop further as I progress.
I think until now I have spent 200$ on work on it.
Demo only
  • #427
  • Feb 7, 2017 11:33pm Feb 7, 2017 11:33pm
Quoting Monokl
{quote} Hi bg_sunny my yesterday trade still alive today morning im not sure how long it can last
I'm curious. Did you take out some at the structure wicks at 0.99616?
To me it seems very dangerous to be short into that accumulation zone.
Matter of fact I would buy everything down till 0.98800 if I hadn^t a limitation of 1:100 on all CHF pairs.
You have a double bottom and an emerging trendline, whcih, for a first one, is a bit too steep, I don't say it can't be broken, but since December 2016 this is the first time we see a stop, a halt, with a double bottom and the next leg closing higher.
Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 57 KB

Btw: Quite some dollar strength apparently against EUR and GBP. But not against the yen. Yen has a lot power to go. CHeck out CADJPY and UJ. A lot of downside potential.
Demo only
  • #428
  • Feb 8, 2017 12:10am Feb 8, 2017 12:10am
Quoting Monokl
{quote} GBPAUD hit all my BE level..
Pound is freakin crazy at the moment. Wtf was this up move all about?. When I look left, I see no structure, nothing. It didn't even touch the wicks of the congestion before, let alone the closing prices. Either there is lots of buying to come up to 1.65200, or... pffff I have no clue. Also, CAD seems week atm. Although I'm long CAD against AUD, but I'm not so confident on this trade. Shorting GC is still fine I think, but you have to get out at 1.61800.
Demo only
  • #429
  • Feb 8, 2017 12:19am Feb 8, 2017 12:19am
Gbpaud

just short at 1.6387
Let Market Tell You
  • #430
  • Feb 8, 2017 12:25am Feb 8, 2017 12:25am
Quoting bg_sunny
{quote} Pound is freakin crazy at the moment. Wtf was this up move all about?. When I look left, I see no structure, nothing. It didn't even touch the wicks of the congestion before, let alone the closing prices. Either there is lots of buying to come up to 1.65200, or... pffff I have no clue. Also, CAD seems week atm. Although I'm long CAD against AUD, but I'm not so confident on this trade. Shorting GC is still fine I think, but you have to get out at 1.61800.
Hi bg_sunny

yup.
after brexit and new US president, all pair mixing around.
to me, I seldom predict. I just trade only
not so headache. I also seldom follow news in detail. I don't see economic data and analysis it. I just need to aware when big news/ person going to happen. Like yesterday GA pair down on London time and up back on NY time. I just follow the flow.

Green pips to you.
Let Market Tell You
  • #431
  • Feb 8, 2017 12:33am Feb 8, 2017 12:33am
Quoting bg_sunny
{quote} I'm curious. Did you take out some at the structure wicks at 0.99616? To me it seems very dangerous to be short into that accumulation zone. Matter of fact I would buy everything down till 0.98800 if I hadn^t a limitation of 1:100 on all CHF pairs. You have a double bottom and an emerging trendline, whcih, for a first one, is a bit too steep, I don't say it can't be broken, but since December 2016 this is the first time we see a stop, a halt, with a double bottom and the next leg closing higher.Image1.png;2177570 Btw: Quite some dollar strength...
I short yesterday at 0.9997. Scale down my exposure already. Only left little balance to run. If today ok, I may short more.
Let Market Tell You
  • #432
  • Feb 8, 2017 12:44am Feb 8, 2017 12:44am
To me, after so many years trading alone.
i don't have any edge at all in this industry like the large institutional. They might have all the insider news, new high technology & superior brain working with them. How can I go ahead!

what I know I have are

I got computer
I got MT 4
I got candlestick/ line chart
I got all kind of indicator or probably buy some EA

but important is WHO will trigger the entry! It's me.
After so many years, I just have to master SELF MANAGEMENT.....

from there, I see myself become more DISCIPLINED.

my small life as a lone trader
(actually I am still in learning stage)
Let Market Tell You
  • #433
  • Feb 8, 2017 1:15am Feb 8, 2017 1:15am
Quoting Monokl
To me, after so many years trading alone. i don't have any edge at all in this industry like the large institutional. They might have all the insider news, new high technology & superior brain working with them. How can I go ahead! what I know I have are I got computer I got MT 4 I got candlestick/ line chart I got all kind of indicator or probably buy some EA but important is WHO will trigger the entry! It's me. After so many years, I just have to master SELF MANAGEMENT..... from there, I see myself become more DISCIPLINED. my small life as a lone...
This is so true. And it's so unscientific (Maybe one day humans will rationally be able to explain intuition, but I don't think so). I'm learning to not beat myself up for making unrational intuitive decisions, which are more and more right. Experience and a loving attitude help intuition. It's like with girls. There is no standard strategy to get laid. Lots of intuition about how to interpret the signs and what to do next. Your signature fould say "let the girl show you"
Demo only
  • #434
  • Feb 8, 2017 4:42am Feb 8, 2017 4:42am
Quoting Monokl
Gbpaud just short at 1.6387
GBPAUD

SUPERB! The price moving to my direction
Bear in control?

almost +30pips
Let Market Tell You
  • #435
  • Feb 8, 2017 4:48am Feb 8, 2017 4:48am
MA is very useful to feel the trend.
example GA pair, price is below MA 100 in Daily tf
Don't crack your head so much. Just follow it.

Could you all probably willing to share on how many way to use MA?

Don't worry. There is no right or wrong for your sharing

Thanks
Let Market Tell You
  • #436
  • Feb 8, 2017 6:06am Feb 8, 2017 6:06am
Quoting Monokl
MA is very useful to feel the trend. example GA pair, price is below MA 100 in Daily tf Don't crack your head so much. Just follow it. Could you all probably willing to share on how many way to use MA? Don't worry. There is no right or wrong for your sharing Thanks
By MA you mean moving average?
Demo only
  • #437
  • Feb 8, 2017 6:50am Feb 8, 2017 6:50am
Quoting bg_sunny
{quote} By MA you mean moving average?
Hi bg_sunny

Yes. It is Moving Average
Let Market Tell You
  • #438
  • Feb 8, 2017 7:15am Feb 8, 2017 7:15am
Quoting Monokl
Hi Ivy, do do you manage to get out GA pair?
Hi Monokl,
Last night my NU and GA both hit my BE
Today i'm a bit busy... now only start study my chart
  • #439
  • Feb 8, 2017 7:17am Feb 8, 2017 7:17am
Quoting Monokl
{quote} Hi bg_sunny Yes. It is Moving Average
Ah ok.
Well I just have a 1 period MA on closing prices, which is nothing but the line chart. I base my vision of market direction on the line chart and I use tha candle wicks for volatility and places where I expect stop loss hunts.
Demo only
  • #440
  • Feb 8, 2017 8:22am Feb 8, 2017 8:22am
AUDCAD

LONG this pair

Could it break the resistance?

Attached Image (click to enlarge)
Click to Enlarge Name: AUDCAD+H1.png Size: 41 KB
Let Market Tell You
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