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- finswin56 replied Jan 22, 2010
I don't post much, but I follow this thread very closely. I really like this method. This looks like a good setup, aside from the 1.4000 big number looming underneath it. I haven't had very much luck taking trades at this time of day though. It ...
Trend Trading All Pairs
- finswin56 replied Dec 7, 2009
Excellent thread Night Moves. The guts of your system are things I've been working on trying to put together for while now, but never got it to this point. It all seems pretty obvious now of course... I do have a couple questions: 1. Entry question ...
Trend Trading All Pairs
- finswin56 replied Nov 25, 2009
Very interesting. How/why did you come up with those levels?
Trading with Deadly Accuracy
- finswin56 replied Nov 25, 2009
I've been targeting this 1.6754 level since the move down. Now seeing how it is a deep retracement make it an even better level for me. Cable tends to like deep retracements. It would be nice to see a correlation with a Fib level, but not necessary ...
Trading with Deadly Accuracy
- finswin56 replied Nov 17, 2009
Excellent thread WMD. This is very similar to the No Brainer thread, which makes it a very good thing IMO. Regarding this EUR chart, why don't you have the top of that false break marked off as resistance?
Trading with Deadly Accuracy
- finswin56 replied Aug 26, 2009
follow up — Zooming down to the 30 minute bars, I see the support I want price to break in order to set up my short. You can see the order on the chart. I have two short orders. One with the set SL and TP as 1:1. The other with the same SL, ...
Damion's Tribute
- finswin56 replied Aug 26, 2009
I haven't been posting much, but here is a possible set upon USD/CAD. Test back end of the TL 61.8 Fib Horizontal S/R and big round number of 1.1000 I wouldn't be surprised to see oil make one last push before the end of the month and see it pull ...
Damion's Tribute
- finswin56 replied Aug 12, 2009
AUD/JPY — Breaking through the TL and previous support, the AUD/JPY has now retraced to attractive selling levels, specifically 80.50 which was former R turned S, and now likely R again. However, the price action was so volatile today, I don't ...
Damion's Tribute
- finswin56 replied Aug 12, 2009
Looks like you nailed it. I was a bit early in getting long there.
Damion's Tribute
- finswin56 replied Aug 12, 2009
I'm not a huge fan of trading EUR/CHF, but it seems we have a valid setup with a morning start right on the TL... depending on how this candle closes.
Damion's Tribute
- finswin56 replied Aug 10, 2009
I hope everyone is doing okay. This thread has certainly slowed down in the last week or so. EUR/USD looks to have a very nice ABCD setup right now. I have a limit buy set above the price rejection at 78.6 ret. There's a lot of other Fib confluence ...
Damion's Tribute
- finswin56 replied Aug 5, 2009
It's been quiet in here lately. — There haven't been many pullbacks to trade this week from what I've seen. However, I do have my eye on a potential long term Butterfly set-up. This isn't in line with any specific TL, but there seems to be ...
Damion's Tribute
- finswin56 replied Jul 29, 2009
Lesson learned the hard way — This is a follow up on a previous trade with GBP/CHF On Monday, this pair started ret pretty hard against my long. I didn't like the PA and got out rather than sticking with my plan. And now I get to watch the ...
Damion's Tribute
- finswin56 replied Jul 29, 2009
My favorite set up is the AUD/CAD. It has thee Fib levels converging making a great looking potential Gartley. First is the 78.6 ret of the most recent swing high (XA) to the TL and 8993 (red). Next is the 78.6 ret level of the big move up starting ...
Damion's Tribute
- finswin56 replied Jul 29, 2009
Nice eye, and more importantly, great result! This week started pretty slowly for me, but has progressed nicely. I figured USD/CAD was due for a correction, and waited for a recent swing high to be broken. I went long at the 61.8 ret after breaking ...
Damion's Tribute
- finswin56 replied Jul 29, 2009
Thanks for the feedback everyone. I'm glad to see that others do what I typically shoot for, and that is #2. I like having a final goal for TP2, and use horizontal s/r for my TP1.
Damion's Tribute
- finswin56 replied Jul 28, 2009
Thanks! That's what I thought, although I seem to have misstated expansion as extension. I just wanted to be sure. When you are taking these ABCD trades, are you taking part profit before 127 extension?
Damion's Tribute