Ezakimak's Trading Blog

forex live trades, setups, charts

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Ezakimak
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Postby Ezakimak » Fri Dec 30, 2011 8:02 am

Last trade of the year. Using Murrey Math and I can see a Wolfe Wave in there too which hopefully confirms the decision to go Long. Let's see how we go!


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Ezakimak
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Postby Ezakimak » Fri Dec 30, 2011 8:09 am

Here is the Wolfe Wave if you are not sure what to look for:


Ezakimak
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Postby Ezakimak » Fri Dec 30, 2011 8:46 am

C'mon baby!

This is where I get nervous - will it continue the push up or will it turn and plummet?

Time will tell. This is a 1H chart.


Ezakimak
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Postby Ezakimak » Fri Dec 30, 2011 9:50 am

Looks like the market might be going with "turn and plummet".

I just realised I had my Stop Loss set at the wrong place. I should have used the lower Murrey Math line. Should I move it or stick with my mistake?


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Postby Ezakimak » Fri Dec 30, 2011 10:44 am

D'oh! Stopped out!

Never mind. I will continue to study Murrey Maths, along with channels, bounces and price action. I prefer to work with Renko so will fiddle over the weekend with Murrey plus Renko.



Have a great New Years everyone!

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Ezakimak
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Postby Ezakimak » Mon Jan 02, 2012 11:40 am

Evening dudes!

Hope you had a great New Year celebration.

Kicked off a trade earlier, but forgot to take a picture. Here is where we are at for the moment. Entry was based on prices reaction to the 0/8 line. The cross of the Stoch and the change in colour of the CCI completes the trigger.

Let's see how we go!


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Postby Ezakimak » Mon Jan 02, 2012 12:15 pm

Current status :-/

Heading off to bed now, will check in the morning and see how we went!


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forexjake80
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Postby forexjake80 » Mon Jan 02, 2012 12:39 pm

If you are experiening any emotions on a particular trade, your account is gonna be dead soon.

"If it bleeds, we can kill it."
It's time to kick ass and chew bubble gum. And I'm all out of gum.

Ezakimak
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Postby Ezakimak » Tue Jan 03, 2012 8:14 am

Last nights trade was stopped out. Never mind! The learning continues. I like Murrey Math and am keen to keep studying and expanding my knowledge of the rules.

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Postby Ezakimak » Tue Jan 03, 2012 10:17 am

Murrey Math entry on USDJPY. Price bouncing off -1/8, stochs crossed and CCI changed to blue. Let's see how we go!


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