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Vantage replied Jul 23, 2013Sold GU 1.5351, bought EURAUD 1.4259. Both had multiple 1hr candle stalls at potential support/resistance areas. Will post charts reasons etc later should they follow through.
Higher low, lower high system
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Vantage replied Jul 23, 2013Gave it some more chances to go this morning, it didn't. Out at 1.4235 for +67, will post charts later.
Higher low, lower high system
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Vantage replied Jul 22, 201323 July 2013 EUR - D closed higher with an upper wick. 4hr higher low cycle, also showing an upper wick. Price action is not the same as 11 July when the Asian session gave us a big upper wick. Bias up with potential to move lower from the highs. GU ...
Higher low, lower high system
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Vantage replied Jul 22, 2013Mmmmh we saw the potential low from 19 July as a support level but placed our TP below at W S1 1.4186. We'll see if this is a costly error. Stop still at BE and we are sitting on +65 at the moment, of course that can change very quickly.
Higher low, lower high system
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Vantage replied Jul 22, 2013Our recent obsession with EURAUD continues. Sold just above 1.4300 after the 1hr negative close shooting star rejecting the resistance level mentioned this morning. At the moment we are hovering around +40 with the stop at BE. TP just above W S1 ...
Higher low, lower high system
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Vantage replied Jul 22, 201322 July 2013 EUR - D closed positive, 4hr on higher low flow. Approaching the highs from 16/17 July. Bias up but we can move lower from the highs. GU - D closed positive. Approaching the highs from 3/4 July. Bias up but we can move lower from the ...
Higher low, lower high system
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Vantage replied Jul 19, 201319 July 2013 Click on date for 1hr charts. For the last 2 days we have had only 2 BE trades. Choosing to avoid the news/speech times and lack of follow through generally. EUR - D closed with another hammer, price did not go down after the lower high ...
Higher low, lower high system
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Vantage replied Jul 18, 201318 July 2013 Click on date for D charts. Bernanke is testifying again this afternoon. EUR - I amended my resistance level to the body highs for Apr and May 1.3178 which held. D closed negative with a lower wick. 4hr RSI crossed lower and 1hr flow ...
Higher low, lower high system
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Vantage replied Jul 17, 2013Going through some rough patches where you are taking system trades and the market is not playing along will also happen, thats where you have to keep focus. Everyone should have a trading log, perhaps most importantly keep track of reasons for ...
Another simple system - Time-Frame 15
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Vantage replied Jul 17, 2013Your situation is the single biggest problem for every trader. Like someone facing an addiction it sounds like you are close to the absolute low and the recognition that what you are doing is not working......... The only suggestion I can give is to ...
Another simple system - Time-Frame 15
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Vantage replied Jul 17, 2013That looks like an outstanding trade, we were sitting out with the news but that's the choice you make. You have used, as far as I am concerned, the best of 100pips TS method with the best of what we do here i.e. waiting for the turn to get a ...
Higher low, lower high system
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Vantage replied Jul 17, 2013Our EURAUD sell made yesterday has been taken out at BE. 17 July 2013 With the MPC Bank Rate votes this morning and Bernanke testifying this afternoon care needed. EUR - D closed positive above 50 level, 4hr on higher high higher low. We are ...
Higher low, lower high system
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Vantage replied Jul 15, 201316 July 2013 Click on date for 4hr charts. EUR - D closed an inside candle hammer the previous support level 1.3000 holding, RSI flat above 50. 4hr shows the current range 1.30/1.31 clearly, RSI has crossed its signal line up but more by default ...
Higher low, lower high system
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Vantage replied Jul 15, 2013You can also look at url for getting a handle on trend v counter trend.
Higher low, lower high system
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Vantage replied Jul 15, 2013The mentioned 4hr divergence and RSI cross lower won out. 1hr had a large engulfing positive close a couple of hours after London open. No follow through higher for 3 hrs, then a 3 bar reversal signal for a 1hr lower high swing. TP just above the W ...
Higher low, lower high system
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Vantage replied Jul 14, 201315 July 2013 Click on date for D charts. EUR - D closed an inside candle hammer, falling around London open and bouncing up from the same area where US buyers came in on 11th, the major support/resistance level of 1.3000. 4hr clearly showing the ...
Higher low, lower high system
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Vantage replied Jul 13, 2013Its the same as its always been except the major focus is now from 1hr entry and 15 min as opposed to 5 min entry. So its bigger pic HL/LH's as opposed to the scalping 5 min type entries. Its all in the 1st post and at the bottom of the first post ...
Higher low, lower high system
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Vantage replied Jul 11, 201312 July 2013 Click on date for D charts. EUR - D closed with a substantial upper wick. COT data shows the big boys were short the EUR. This move up on Bernanke's statement could have triggered some stops. A 200 pip fall and 100 pip rally in US ...
Higher low, lower high system