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- iandekoker replied Nov 13, 2007
yes i am still in jpy trade. if the daily candlestick does not close above pivot point then i will exit straight away.
iandekoker's 5 profit target trades
- iandekoker replied Nov 13, 2007
ok so right now the gbp/jpy is trading around daily pivot. I want confirmation that we are going north again. and the confirmation will come in the form of a daily close above the daily pivot.
iandekoker's 5 profit target trades
- iandekoker replied Nov 13, 2007
yes i also have this problem. it all started since the server upgrade over the weekend
iandekoker's 5 profit target trades
- iandekoker replied Nov 13, 2007
Thx you. no matter how many times i get loosers they all still hurt. damn i hate loosing trades....lol but that is all part of the game....
iandekoker's 5 profit target trades
- iandekoker replied Nov 13, 2007
No i am not. I still do the 5 pip trades. The 5 pip trades keep me busy while i wair for the 1 hour candles to form. I do both intraday trading and longer term trading. Right now went long gbp/usd at 2.0556 and plan on holding this trade till we get ...
iandekoker's 5 profit target trades
- iandekoker replied Nov 13, 2007
look at this textbook example of a shooting star or pin bar on the weekly gbp/usd charts. If you took this signal you would have made well over 300 pips.
iandekoker's 5 profit target trades
- iandekoker replied Nov 13, 2007
Here was an excellent trade on gbp/jpy this morning. The black arrow is the candle that made the last lower lower. The yellow candle is the candle that DID NOT make a lower low signaling a potensial reversal in trend. You enter long as soon as ...
iandekoker's 5 profit target trades
- iandekoker replied Nov 12, 2007
I am with you. I also tend to exit my profits too soon with this pair because i have been badly burnt by this green monster. But whenever i walk away with a profit trading gbp/jpy then i am happy. gbp/jpy is not my main trading pair. I like eur/usd ...
iandekoker's 5 profit target trades
- iandekoker replied Nov 12, 2007
it is always good to get a good start to the week
We are seeing a lot of selling off. However there are no fundamentals to suggest this downtrend to continue. So i will be looking for a good buy signal again yes i got hurt on friday when IBFX ...iandekoker's 5 profit target trades
- iandekoker replied Nov 12, 2007
gbp/jpy could also come down all the way to the purple trend line. it already broke thru the daily, weekly and monthly pivot points. And that is hugh....
iandekoker's 5 profit target trades
- iandekoker replied Nov 12, 2007
eur/usd has lots of room to go to the downside.....but will it...that is the question. It can go down all the way to 1.4300 level but i am not so sure that it will....let's wait and see
iandekoker's 5 profit target trades
- iandekoker replied Nov 12, 2007
gbp/usd are reaching a crucial point. It's trading around the monthly pivot point. If price breaks thru the monthly pivot point to the downside then we might see gbp/usd go down to 2.0100 -1.9900 level before the uptrend resume again Remember the ...
iandekoker's 5 profit target trades
- iandekoker replied Nov 12, 2007
eur/usd was behaving badly on the 1 hr chart. So i am not touching it until i see some trend developing either to downside or upside. You could have risk a short trade but you could also have gotten burnt. See how price reacted around S2 (green ...
iandekoker's 5 profit target trades
- iandekoker replied Nov 12, 2007
The goes for this short trade on gbp/usd. If you went short after S2 (support line number 2) was broken to the downside then you would have made some good pips
iandekoker's 5 profit target trades
- iandekoker replied Nov 12, 2007
wow what an amazing short trade here on gbp/jpy if you went short at the break of the candle that penetrated the support line then you would have made well over 300 pips. Not bad hey...... Remember i told you about trading breaks or bounches of ...
iandekoker's 5 profit target trades
- iandekoker replied Nov 12, 2007
Maybe this if off the topic but Canada is one of the biggest oil suppliers to the USA. Therefor the canadian dollar is correlated with the oil price. So as long as oil remains high then the canadian dollar will too. And the USA uses a lot of oil. So ...
Idiots Have Woken Up
- iandekoker replied Nov 12, 2007
Ok here is a question but i mean no offense to anyone. If George W Bush is a MBA graduate from Harvard and has a succesful oil company in texas (if i am correct) and also owned a baseball team once upon a time (if i am correct) then why would such a ...
Idiots Have Woken Up
- iandekoker replied Nov 12, 2007
and here is long trade on eur/usd second white candle from the right couldnt make lower low. so once its high was broken i went long edit: i was stopped out with 20 pip profit. I will re-enter when the high of the last red candle gets broken
iandekoker's 5 profit target trades
- iandekoker replied Nov 12, 2007
and here is a long trade with gbp/usd the second white candle from the right couldnt make lower low. so once it high was broken i went long edit: i was stopped out with 15 pip profit. I will re-enter when the high of the last white candle gets broken
iandekoker's 5 profit target trades
- iandekoker replied Nov 12, 2007
here is my first long trade for the week. I focused on the bar that couldnt make lower low. Then once that bar's high was broken i went long. Profit target is blue line which is also daily pivot edit: ok so i was stopped out with 60 pip profit. Not ...
iandekoker's 5 profit target trades