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Braathen
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Postby Braathen » Thu Oct 29, 2009 11:04 am

So EU didnt work out for me so i went back to the good old GU and started looking at what had happened after the sharp drop.. took this for 90 pips to get rid of EU losses and get some profit in this week.. been slow.

Image

Also currently short in UJ.. ill stick in a pic of that later..
Great trading PTG.. that sam dude has some good stuff
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
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PTG
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Postby PTG » Thu Oct 29, 2009 11:37 am

Yeah, those video's are very good. The ideas are simple but powerful and put a foundation underneath most things that you can find here. Good stuff indeed :-)
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PTG
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Postby PTG » Thu Oct 29, 2009 11:44 am

Oh by the way Braathen, that entry of yours is fantastic !
I was too late for that.
Odds are we're in for a nice profit.

I'm in there long from 1.64444
Later than I wanted (1.6432)
t/p 1.6636, s/l 1.6413

I have another zone drawn from 6416 to 6432
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Braathen
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Postby Braathen » Thu Oct 29, 2009 12:18 pm

PTG wrote:Oh by the way Braathen, that entry of yours is fantastic !
I was too late for that.
Odds are we're in for a nice profit.

I'm in there long from 1.64444
Later than I wanted (1.6432)
t/p 1.6636, s/l 1.6413

I have another zone drawn from 6416 to 6432


Thanks for the reply.. yes i do think i had a good entry but not good enough... im still learning ofc but in hindsight i see it this way..

Image
Nr.0 Sharp drop.. Nr1. base at prev. largest correct in up trend and small rally up. Nr.2 Hits zone and revearse.. anything can happen at this stage..Nr. 3 after hitting back to base zone it travels past prev zone higher and into nothingness.. nr 4 travels back down to base zone 1 more time and thats your perfect entry right there :) If that makes any sense
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
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aliassmith
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Postby aliassmith » Thu Oct 29, 2009 1:12 pm

Trying to dodge the news landmines this week is
difficult. Guess it was a grood time to study some
old charts. :roll:
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Postby aliassmith » Thu Oct 29, 2009 1:58 pm

Anyone catch this monster daily trade?

about 300 pips :shock:

That is a dream trade!
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Braathen
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Postby Braathen » Thu Oct 29, 2009 2:16 pm

well alias... as u can see in my icture before im killing myself for closing at 90 when i could have easily bagged 230 :( :( ahh well ;)
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
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PTG
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Postby PTG » Thu Oct 29, 2009 2:30 pm

LOL

@aliassmith (where's Jones btw ? ;-) ), this is what I did:

I'm in there long from 1.64444
Later than I wanted (1.6432)
t/p 1.6636, s/l 1.6413

That's the opportunity I saw and the trade I entered, and I will stick to it.
Victory or bust.
@Braathen: you have your 90 pips. No idea what I have, can't check where I am now, nor do I care. I entered the trade and I'm forcing myself to let go..
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Braathen
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Postby Braathen » Thu Oct 29, 2009 2:56 pm

PTG.. so your entry was based on the 4H rat? been looking into this.. great stuff.. another great one from you Tro! Thanks very much! PTG go for it man.. get to where your going. :)
"Trading is the ability to see & to plan & to act; it is not crystal balls, precision entries, and ego stroking."
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es/pip
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Postby es/pip » Thu Oct 29, 2009 3:01 pm

aliassmith wrote:Anyone catch this monster daily trade?

about 300 pips :shock:

That is a dream trade!



that was textbook

:D :D :D
Bend over and assume the position for another 4 years of hope and change.

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