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- Rhino101 replied Jul 12, 2012
Just an observation..... There was a strong line of previous resistance, and I would be hard pressed to place my TP above that
- Rhino101 replied Jul 12, 2012
Hi, I am no expert, but I would have waited to confirm the Price action on both these points. there is no conformation that the 1st candle was a correction or the start of a change of direction. Perhaps a look at the Daily direction would have given ...
- Rhino101 replied Jun 29, 2012
E/U - The BIG move in Asian trading is looking like it is running out of steam, H1 has given 4 inside bars, and I am looking for a direction change, TDI is plus 60 and looking Overbought. I will be looking for the Bears to come in during London, or ...
- Rhino101 replied Jun 29, 2012
I have a Fib on 1 May high and 1 June low, giving me a .0382 retracement to 1.2670, and .50 retracement to 1.26870. I have d1 double top at 1.2747. Both daily and weekly look like current movements are retracements heading for further downward ...
- Rhino101 replied Jun 18, 2012
Thanks for these trades helps us to understand your thinking & learn from you.... Being conservative, I prefer to trade with the trend where possible, so I am looking for a bounce off the bottom of my channel which is also very close to the 60EMA. I ...
- Rhino101 replied Jun 15, 2012
Thanks for the info, will certainly try to apply it Put the pips down to maths & some Luck! I set SL below the swing low when I saw the rejection.... EP at Previous days low 1.55071 and set TP1 at 30 pips and when that was taken out, changed TP2 to ...
- Rhino101 replied Jun 15, 2012
I am Bullish on EURUSD today EP - 1.26373 (yesterdays high) SL - 1.26079 (swing low - 30pips) TP1 - 1.26650 (just below fib expansion 0.618) TP2 - 1.27004 (fib expansion 1.000)
- Rhino101 replied Jun 14, 2012
Thanks for this... When I saw the rejection of 127%, I placed a Buy EP at same point as your erlier short, with SL at 127%, and took 62 pips..
- Rhino101 replied Jun 14, 2012
Yep that's the trendlline... Excellent, thanks for the reply
- Rhino101 replied Jun 14, 2012
Nice I see you reached your TP1 quickly! Qustion: I have an upward trendline running on my 4h and your TP1 is below that. Do you think we are going to get a trend reversal at this point? Seems to me that the price should bounce of the trend line and ...
- Rhino101 replied Feb 24, 2012
Thanks yes, but not for the same reason that you did.... I waited for a clear break of daily R1 and entered after you, set a TP of 30 pips, which is good for a day following a few slow days. I also do not really like trading on Fridays unless ...
- Rhino101 replied Feb 21, 2012
Yeah I WASTE a lot of money on Nial Fuller's Price action system... He gives zero support... Never gives a clear commitment ...... and NEVER posts any trades, or suggests anything.. my advice is DON"T WASTE YOUR MONEY you get so much more here for ...
- Rhino101 replied Feb 21, 2012
Hi Don.. Its off FXCM, so not an mt4 file, but a lua extension.. do you want it??
- Rhino101 replied Feb 21, 2012
My live trading is on FXCM Micro account... Its a session indicator that I down loaded from there.. has a lua extension, but if anyone wants it i can upload it no problem.
- Rhino101 replied Feb 21, 2012
Thanks X-Man..... Make that 135 for the week... I took the EU long on as expected.. So getting there 64 pips for the day... Dancing to the Hardware store to buy my Wheel Barrow.....lol
- Rhino101 replied Feb 21, 2012
EU Trade 1H — Hi Guys, Posting my Live chart for today's EU. made 40pips on 1st trade today. So far I have only had 8 trades since 13th Feb, when I started trading this system live. win rate is 75% (2 losers), 1st was an error, traded the ...
- Rhino101 replied Feb 16, 2012
How NOT to Trade the S3 system — Ok for tutorial purposes only.. Screen Shot 1 shows how easy one can get into trouble by not following the rules and "Jumping the gun". So I thought on the previous bar.... No Trade on London open as there was ...
- Rhino101 replied Feb 16, 2012
There you go.. no sooner out of my mouth and the retracement starts...lol I love this business...
- Rhino101 replied Feb 16, 2012
X-Man Help please — Ok... 1 hr to London open, looks like a TDI bounce down, I was expecting a retracement from 32... to have a long entry.. My knowledge of this systems says - No Trade! Any thoughts..
- Rhino101 replied Feb 15, 2012
I only trade the rules and try to avoid all other "noise". If i am not happy with the look, or if there is support and resistance within 25pips, then I pass on the trade. Used to be a major overtrader, but have learned to resist the feeling of ...