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Trading is as simple as 1-2-3

  • #3,461
  • May 9, 2017 9:50am May 9, 2017 9:50am
1st trade of this method, demo. 18 pips. Little late on entry.
Attached Image (click to enlarge)
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  • #3,462
  • May 9, 2017 11:22am May 9, 2017 11:22am
Quoting Jhlewis10
1st trade of this method, demo. 18 pips. Little late on entry. {image}
Trade a dime a pip.
Need to feel the emotion.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #3,463
  • May 9, 2017 11:55am May 9, 2017 11:55am
Im starting to see people are taking trades outside of previous days HIs/LOWs even though TOOSLOW advises these are reversal territories.
So i'm assuming this is okay then?
  • #3,464
  • May 9, 2017 12:50pm May 9, 2017 12:50pm
Quoting faatkumo
Im starting to see people are taking trades outside of previous days HIs/LOWs even though TOOSLOW advises these are reversal territories. So i'm assuming this is okay then?
It's discretionary - I personally only really pay attention to what's happening on the present day, unless I'm feeling the presence of an approaching express train.
  • #3,465
  • May 9, 2017 1:04pm May 9, 2017 1:04pm
That GJ from earlier did ok. Nothing spectacular but Steady-Eddie is fine by me. I didn't get involved in anything later on (not even the one that's just triggered on the way back down).
Attached Image (click to enlarge)
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EJ unsurprisingly told a similar kinda' story...
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AU rounds out the trifecta on the ''normals'', again with a nice later entry for those so inclined...
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1roundsouttheearlynormalstrifecta9thMay17.png Size: 28 KB
  • #3,466
  • May 9, 2017 3:41pm May 9, 2017 3:41pm
Quoting lemercenaire
{quote} It's discretionary - I personally only really pay attention to what's happening on the present day, unless I'm feeling the presence of an approaching express train.

how do feel presence of an approaching express train?
  • #3,467
  • May 9, 2017 4:46pm May 9, 2017 4:46pm
Quoting faatkumo
{quote} how do feel presence of an approaching express train?
If you're looking at two or even three H4 candles all heading in one direction with no signs of slowing down any time soon, then that's a pretty good sign.
  • #3,468
  • May 10, 2017 2:39am May 10, 2017 2:39am
Attached Image


does this trade right ?
  • #3,469
  • May 10, 2017 3:44am May 10, 2017 3:44am
Attached Image (click to enlarge)
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Underway today. Took this EU short out of the box +5
  • #3,470
  • May 10, 2017 3:51am May 10, 2017 3:51am
Quoting flourishing
{image} does this trade right ?
It's hard to read your chart. Looks like it was the GU from last hour and that set up would have been correct off the previous hour high of 2983. The trade would have got maybe +6 then ran back up and stopped out.
  • #3,471
  • May 10, 2017 4:00am May 10, 2017 4:00am
Quoting hal7
{quote} It's hard to read your chart. Looks like it was the GU from last hour and that set up would have been correct off the previous hour high of 2983. The trade would have got maybe +6 then ran back up and stopped out.
that's right.
  • #3,472
  • May 10, 2017 4:09am May 10, 2017 4:09am
Attached Image (click to enlarge)
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I also took this JY short last hour interestingly in the same direction as the EU trade. The EU I closed out at +5. This one I took 90% off and will let it run out not moving the stop. Something I experiment a lot with.
  • #3,473
  • May 10, 2017 4:15am May 10, 2017 4:15am
Quoting faatkumo
{quote} how do feel presence of an approaching express train?
Let it run over you a few times and you will develop a canny awareness. If you look at my JY chart above from yesterday you will see what I would term a freight train. You would not have been wanting to short that all day. Well up to the close anyway. It is not always easy. But look at the difference today on this pair. Things have leveled out a bit.
  • #3,474
  • May 10, 2017 6:00am May 10, 2017 6:00am
Still in my JY short +17, thinking about switching to trailer.
  • #3,475
  • May 10, 2017 6:30am May 10, 2017 6:30am
Attached Image (click to enlarge)
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Long GJ +7 profit locked
  • #3,476
  • May 10, 2017 7:32am May 10, 2017 7:32am
Attached Image (click to enlarge)
Click to Enlarge Name: 51017123au.png Size: 18 KB

Short this AU +6 profit locked. I was a bit hesitant to take this trade as it looked a bit train like, but in this case panned out.
  • #3,477
  • May 10, 2017 9:55am May 10, 2017 9:55am
Attached Image (click to enlarge)
Click to Enlarge Name: 51017 123gu2.png Size: 17 KB

GU long trade +6 profit locked
  • #3,478
  • May 10, 2017 9:58am May 10, 2017 9:58am
Still in my GJ long trade from earlier +35, switched to a 20 trailer.
  • #3,479
  • May 10, 2017 10:20am May 10, 2017 10:20am
Quoting hal7
{image} GU long trade +6 profit locked
Nice
Seems like you don't necessarily pay mind to relevant red flag news such as this one for USD crude oil inventories?
  • #3,480
  • May 10, 2017 11:57am May 10, 2017 11:57am
Attached Image (click to enlarge)
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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