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coolshades replied May 28, 2010same here. do all of you guys enter on break of s/r level, or on retrace after break?or pretty subjective?
My path to financial freedom
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coolshades replied May 27, 2010lj, h4 on NU attached. i presume 6820 shd be a ppz on your charts too. so you would be looking for a break of the current candle (which is the highest candle) by 5-10 pips to go long right? and your sls are based on?
My path to financial freedom
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coolshades replied May 27, 2010break of PPZ by? — lj, when you take the ppz break trades, you pull the trigger when? by how many pips do you like to see the break? and do you trade these breaks on 5-15m time frames and therefore wait for candle close above the breaks before ...
My path to financial freedom
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coolshades replied May 27, 2010good to see you back. this time round, if you are scalping, do it in a separate account. eurchf pending short at 411, sl at 4210
Four Kids 2nd Journal
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coolshades replied May 26, 2010my dear young man, i stumbled into forex nov 2006, without any knowledge of what it is. here i am 3.5 yrs later, still trading a micro account. who do you think is the newbie? you or i?
Trend Trading Chart Thread
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coolshades replied May 26, 2010my view on h4. i will need it to clear 73.70 ish to go short. that box is noise.
Trend Trading Chart Thread
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coolshades replied May 26, 20101st thing, dont even ask others. losses happen. i have had 3 losses in a row last week to monday (incuding one reported here). however they happened on MY system and to MY rules so i can digest them. if you are still confident about why you went ...
Trend Trading Chart Thread
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coolshades replied May 26, 2010LJ, did you take the earlier long on AJ on just a break of ppz on the 4hr or did you spot some PA there?
My path to financial freedom
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coolshades replied May 26, 2010eurcad — is now below the long term daily trend line. i hope there is a retracement towards 3100 to enable me to go short. its been a wk since no trade i think.
Trend Trading Chart Thread
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coolshades replied May 26, 2010i use most recent swing high and swing low. dont bother about t/l touches. have posted enough charts with my fibs. have exited my usdchf short off pin bar at b/e. realised its counter trend and thats against my rules. yes the realisation was a bit ...
Trend Trading Chart Thread
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coolshades replied May 26, 2010yes, this is a bpc the difference in how dan and i trade it is that dan enters at 2570 and i at 2460
Trend Trading Chart Thread
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coolshades replied May 25, 2010commander, eurchf @4330, i would have gone short IF i had got my version of bpc/123 (whatever you call it, my version being what i mentioned earlier). however i didnt get that pullback and had to be on the sidelines. always always always always ...
Trend Trading Chart Thread
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coolshades replied May 25, 2010yes sir the 6620 ish level is on my watch list. the best levels are where support turns to resistance or resistance turns to support.
Trend Trading Chart Thread
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coolshades replied May 25, 2010wld u mind posting a chart sir? 700 as a 50% fib would mean your high is way way back in time?
Trend Trading Chart Thread
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coolshades replied May 25, 2010just catching up on posts (i do work even though it does not look like it). i use mt4 for my charting and oanda for trades. i hate oanda's charts, so eurnzd is not on my trading list and neither is gbpcad. let's not get into a 'whose daddy is ...
Trend Trading Chart Thread
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coolshades replied May 25, 2010that sounds abt right to me. 750 is a strong line for me and reaction to that should afford some entries
Trend Trading Chart Thread
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coolshades replied May 25, 2010hmmm.. all that commander is talking about is an entry. it IS trend trading still.
Trend Trading Chart Thread
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coolshades replied May 25, 2010eurcad — ok. enough of the mutual admiration society. eurcad is on my watch list with 3070ish as a key level for me. daily attached. no other pairs for me look interesting. i am in a speculative short on euro from 2340, which is not exactly on ...
Trend Trading Chart Thread
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coolshades replied May 25, 2010noble trooper sylar sir, i fell out my chair laughing after reading your clubbing me with commander and fxg. i still trade a micro account for various reasons and whilst i am profitable, consistency is still on the wish list. however, to add to your ...
Trend Trading Chart Thread