Kreslik.com - forex traders community since 2006

Possible short set-up on the USDCHF (H4 chart trigger). I should say that I don't particularly like trading the Swissie. Still, just sayin'. One common rule I have come across that a lot of experienced traders share is never trade the Swissy!! :lol: It's a very good rule to follow - unless of cours...

Pawel, Are you still out there, I have a curious question. Maybe others can learn from the answer or maybe not. You traded a lot of live trades and killed Crude in the process. So has anything changed since you stopped posting live trades? I know you was posting for that "Accountability Factor...

Pawel, Are you still out there, I have a curious question. Maybe others can learn from the answer or maybe not. You traded a lot of live trades and killed Crude in the process. So has anything changed since you stopped posting live trades? I know you was posting for that "Accountability Factor&...

Tip: One advantage of Currencies is that multiple orders are not averaged together. To take advantage of this and get around FIFO put multiple orders in with different sizes. So order 1 would be 1.00 order 2 would be 1.01 order 3 would be 1.02 The advantage with this is you will be able to close ord...

NZD/JPY
The one that got away!
I had this marked by the blue line on the 2nd.
If you used only the Daily for entry this made a 1R so far
If you used the 4H after the bounce off of the blue line its 2R so far
There is always another trade around the corner.

LeMercenaire wrote:happy4thjuly.jpg

Isn't that treasonous for you to say?

If I could have watched H4 more often, it would have kept me out. Watching when I did kept me from adding in and worsening the loss. https://i.imgur.com/j8UrS0j.png However, I may be able to check an H6 or an H8 chart in the future. Both of those time frames would have kept me out completely. https...

Lem are you still playing for 1% a point/pip like when you were only going for +5 off a dead zone etc? Cause if so wow :shock: =D> Not all the time. With The Dead Zone / Buy Zone type of play, I am going for a fixed target, so easy to use the 1% pp but with the scalping on the 1-min / tick charts, ...

Here is the set-up on USD/CAD that I have taken. I'll see what it does over the next 24 hours. 1.3150 may be a more realistic target. https://i.imgur.com/hgs91pz.png https://i.imgur.com/7PKwgQn.png I had this marked on my charts to keep an eye on. I am flat currently and plan to stay that way until...

If I'd been happy to play the simple move out of Supply and off the Lightning Kumo, then this would have been a grand ol' day. USDJPYdailyassimpleplayoutofsupply+kumo2ndjuly19.png If we weren't heading into the holiday, then I'd be set on still getting the pullback but I really don't want to be get...