Simple as 1-2-3

forex live trades, setups, charts

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RicG
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Postby RicG » Fri Nov 21, 2014 1:15 am

Decided to close out my trade, as price kept being rejected in the 93.00
area, and short term looks very "toppy".

Final stats on the trade that was initiated 9 days ago:
Profit Total of 522 pips on 3 entries:
1st Entry, profit of 242 pips
2nd entry, profit of 189 pips
3rd entry, profit of 91 pips
Average entry netted a profit of 174 pips, as printed on the chart.
Attachments
3.gif
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(Disclaimer - This post is for educational purposes only. Always consult a licensed investment professional before taking any trade. Any trade you take is at your own risk.)

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dchappy
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Postby dchappy » Fri Nov 21, 2014 2:32 pm

Beautiful.., :smt023 :smt023 :smt023 :smt023

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MightyOne
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Postby MightyOne » Fri Nov 21, 2014 3:47 pm

Impressive.

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RicG
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Postby RicG » Fri Nov 21, 2014 9:05 pm

Thanks guys. :-)
(Disclaimer - This post is for educational purposes only. Always consult a licensed investment professional before taking any trade. Any trade you take is at your own risk.)

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Postby dchappy » Sat Nov 22, 2014 5:00 pm

RicG wrote:Thanks guys. :-)
gotta love the CCI ..never let's you down...
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RicG
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Postby RicG » Fri Nov 28, 2014 1:37 am

A couple of holiday scalps today.

Chart on the left shows a CCI Trendline Break short.
Took 15 pips profit right before it hit the round number
of .85000 and because the trendline break occurred
so low.

Chart on the right was simply a pure price action short
setup good for about 22 pips.

Hope everyone has a great Thanksgiving!

(click on charts pic twice for clearest/full size view)
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(Disclaimer - This post is for educational purposes only. Always consult a licensed investment professional before taking any trade. Any trade you take is at your own risk.)

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RicG
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Re: Simple as 1-2-3

Postby RicG » Wed Dec 03, 2014 11:42 am

A very basic EUR/CAD CCI TLB scalp good for 47 pips. As dchappy teaches in this thread, "keep it simple".


EURCAD.CCI.png
EURCAD.CCI.png (34.5 KiB) Viewed 607 times

download/file.php?mode=view&id=9225
(Disclaimer - This post is for educational purposes only. Always consult a licensed investment professional before taking any trade. Any trade you take is at your own risk.)

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RicG
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Re: Simple as 1-2-3

Postby RicG » Wed Dec 03, 2014 11:31 pm

Obviously, they're not all winners. But at a 70%-80% win rate, and about a 3 to 1 reward to risk ratio - I'll happily take the small hit and move on to the next trade. This loss only about 12 pips:

eurjpy.png
eurjpy.png (37.02 KiB) Viewed 574 times


download/file.php?mode=view&id=9228
(Disclaimer - This post is for educational purposes only. Always consult a licensed investment professional before taking any trade. Any trade you take is at your own risk.)

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RicG
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Re: Simple as 1-2-3

Postby RicG » Thu Dec 04, 2014 9:16 am

After the small 12 pip loss shown above - the next trade a winner! This one on the AUD/USD and good for 40 pips:

AUD.USD.jpg.png
AUD.USD.jpg.png (36.57 KiB) Viewed 547 times


download/file.php?mode=view&id=9229
(Disclaimer - This post is for educational purposes only. Always consult a licensed investment professional before taking any trade. Any trade you take is at your own risk.)

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Captain Pugwash
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Re: Simple as 1-2-3

Postby Captain Pugwash » Thu Dec 04, 2014 8:52 pm

Hiya Ric

was your stop a bit bigger than your usual on that one? Or did you enter on the retrace?

Nice trading as usual

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