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xmzhang replied Aug 24, 2010Hey C, Have a look at the 1H-TF of the Ozzi, there you will see a perfect shaped BEOB (or DBHLC) with lots of confluence. This BEOB bounced of the 365 EMA, bounced of a 1H-PPZ at 8980-ish, bounched of the 61.8 fib level, what more confluence do you ...
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xmzhang replied Aug 23, 2010update kiwi shorttrade — Price has hit my FTA at 7050. I've decided to close my position for a small profit, not spectacular but a nice demonstration of the fact that predeterming your FTA before you excecute a trade makes a whole lot of ...
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xmzhang replied Aug 23, 2010My shorttrade on the kiwi has just been triggered @ 7070.
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xmzhang replied Aug 23, 2010Hey guys, kiwi has almost generated a nice PB right off the RNB 7100, I've a sell stop pending a few pips below the PB and a SL a few pips above the 7100.
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xmzhang replied Aug 23, 2010Some nice bars on the E-G 4H-TF. Firstly a BEOB, 5 previous bars were engulfed by the engulfing bar. BEOB closed below the 8200, pulled back to low of one the engulfed bars to the pip. FTA at the 8180-ish, very close to the close of the BEOB, so one ...
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xmzhang replied Aug 23, 2010Update E-C shortrade — Got stopped out for a small profit of 41 pip on my last position (my swingtrade position). Profit on the first position, my daytrade position, which I closed last friday was 42 pip. So in total 83 pips of profit on this ...
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xmzhang replied Aug 22, 2010Another question about this "hard break" of an FTA. So this means a high momentum bar (large green/red bar) cutting through the FTA "like butter" perceived on a much lower TF (ie. the 15m, 5m or even the 1m TF) ? What I understand until now is that ...
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xmzhang replied Aug 22, 2010Great explanation image . So you didn't move your stop to BE when price reached the 4260 PPZ ?
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xmzhang replied Aug 22, 2010Good afternoon Ghous, I've drawn another PPZ in your chart which was closer to your entry point, why didn't you take this one into consideration ? image
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xmzhang replied Aug 22, 2010I don't understand, someone like you with such a understanding, you could easilly earn a very very descent living out of just trading. image image image image
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xmzhang replied Aug 22, 2010Good afternoon Jarroo, I was curious, are you trading for a living or is it just a hobby for you ?
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xmzhang replied Aug 21, 2010Good evening Master Jarroo, If you allow me to share you my humble opinion about the kiwi on the weekly chart. Lemme explain what I see. Somewhere mid may Kiwi broke downwards out of a range between the 7440 and 6800, but found support at an ...
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xmzhang replied Aug 21, 2010Hey ATC, The weekly Eur-Chf did pull back to a previous bar low only this one wasn't quite as obvious as the others you posted. Price encountered during its pull back the low of weekly bar W25 firstly and bounced of this low. image May the force be ...
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xmzhang replied Aug 20, 2010Update E-C shorttrade — Hey guys, just a quick update of my shorttrade on the 4H-TF E-C this afternoon. I've closed 1/2 of my position for a 35 pip profit near the low of engulfing bar, this pair has moved about 101 pips today, which is about ...
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xmzhang replied Aug 20, 2010Yeah, never looked at price this way, shall give it a try.
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xmzhang replied Aug 20, 2010On the 1H-TF price just generated a PB at my entry-level, this should give me more confidence that this trade is going my way. I've also moved my SL towards a few pips above my entry point at 13190 near BE. There is no pressure anymore on this ...
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