PA, S/R, ZL, EXTREMES & MOMO

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FXfreak
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Postby FXfreak » Mon Feb 28, 2011 9:19 pm

come on guys, everybody now long at usdcad!!! anybody with me?

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IN-XS
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Postby IN-XS » Tue Mar 01, 2011 1:07 am

Hi Guys,

Nice thread! Just want to say thanks to es/pip for this thread, its nice to cut out the bull and see some straight forward trading. Great charts, very informative and clear.

You are right, this sort of thread is exactly what this forum needed, keep going everyone!

forexjpn
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Postby forexjpn » Tue Mar 01, 2011 4:14 am

Hi Everyone,

I'm very new at this, so not sure my thinking is on the right track yet or not.
ES/PIP, please let me know if you'd prefer me to post elsewhere, as my charts may not be in line with what everyone else is doing or even worse completely wrong :)
Here's a trade I'm in now, missed the first entry cuz I was at work, got in at the arrow at 1.3816, cuz I figured I would get out at if price broke the top of dwnrd momo (2 candles away) or if price had trouble breaking the bottom of the green candle after it. Target is marked on the chart.
Any comments or advice greatly welcomed and appreciated.
Edit: Exited the trade early as I was taking an image of my chart, as I felt price was having trouble breaking the low. Out at +4.3 pips.


bakaender
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Postby bakaender » Tue Mar 01, 2011 9:22 am

Not to hard

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FXfreak
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Postby FXfreak » Tue Mar 01, 2011 10:47 am

loss on my last trade. i tried scalping again but i doesn't work for me. too many losses and too many small winners.

what i will try the next days is to catch a good entry and let it run.

current trade: eurgbp


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aliassmith
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Postby aliassmith » Tue Mar 01, 2011 3:12 pm

I'll do my part :)
EUR/USD M15
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karol
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Postby karol » Tue Mar 01, 2011 3:12 pm

Got my ass beaten today (-44 total)


Number 1:

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Number 2:

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What have Ben F***n Bernanke said again?

karol
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Postby karol » Tue Mar 01, 2011 4:12 pm

At least got some pips back:


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aliassmith
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Postby aliassmith » Tue Mar 01, 2011 4:31 pm

EUR/USD M15
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karol
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Postby karol » Tue Mar 01, 2011 4:38 pm

Nice trading aliassmith! Are you entering with limit orders at those levels or look for an entry on lower tf?

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