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Colostarr replied Jun 22, 2011My internet is spotty today at best. But I will do my best to post potential setups for you.
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 2011GBPUSD from the 15tf and the 1H confirm a pretty nice cross. Although the pair is range bound between support and resistance might be an opportunity to scalp a few
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 2011Not a dumb question brother. the previous 11 or 12 candles were little to NO PA. This looks like a break out to me. Price has crossed the 50, the blue line is turning down. Remember, Angle to the blue line is important. I like the angle. All in all ...
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 20111st goal; BE 2nd goal: Lock in +20 pips if it takes you out so be it, you just stole 20 pips from what could very well have a fake out anyway!
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 2011That was a nice entry. I think I would have set the trade from the candle previous to the one you did. Especially considering it bounced off the 50 ema here. You may have been able to lock in +10 pips before it moved against you. Once you are at BE, ...
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 2011USDJPY is approaching the Blue line nicely
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 2011EURUSD — EURUSD stopped at +10 will look to re-enter if price dips below original entry point. AUDUSD stopped BE
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 2011Let em shake out the stops - 2 trades open 1 at BE 1 at +10 For the record, I don't like "stop hunters" conversations here!
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 2011EU Might get a little bumpy, Daily candle has just touched the Blue line from below
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 2011AUDUSD Moved to BE Getting close to resistance - risk removed USDCAD cloed on my own - I hate over trading +5 pips EURUSD: Locked 10 pips, dont like how the last candle looked
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 2011EURUSD — Trade currently at +26 stop is BE, will see what next candle brings before I lock in +20
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 2011To be honest with you I am new to the 50EMA. Titch is more the expert here than I am, but yes from what I have seen when your cross or bounce of the blue line coincides with the 50 EMA at the same level, it generally means a change in bias on that ...
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 2011Stop now moved to BE 1.4392 no risk in the trade. USDCAD and AUDUSD also triggered from the 15tf
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 2011AdAt, Welcome to the thread. First of all an entry at +10 pips is a little outside what I would be comfortable with. You might consider changing brokers if they have wide spreads. Second thing is - there is NO TP level with this method. The ...
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 2011Ok maybe I should have re-phrased. this HP is a great laptop for your AVERAGE user! Linux is too boo-koo for me!
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 201115tf — I have noticed that when the hourly charts go to sleep, your best opportunity to get into a move may be from the 15TF. My opinion only of course I saw this setup and HAD to take it. Like Titch on Monday, if you can into these early ...
Simple Simon Balance Line Trading
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Colostarr replied Jun 22, 2011Be careful with this type of entry, resistance would have been too close for me to enter off that bounce. Let us know how it played out!
Simple Simon Balance Line Trading
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Colostarr replied Jun 21, 2011I`m telling you the HP Envy series, specifically the 14.5" model is one of the most stunning laptops that HP has ever made. Up until I found the one I have, I always HATED HP products. This is what EVERY Macbook Pro owner is looking for. None of the ...
Simple Simon Balance Line Trading