PA, S/R, ZL, EXTREMES & MOMO

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FXfreak
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Postby FXfreak » Wed Mar 02, 2011 4:47 pm

aj, thanks!!!

i was pretty confident that price would move up in the europe and us-session and target would be somewhere near 1.39.

i don't know where the exact top is but i think we won't pass 1.39 today after this race. exhaustion must be somewhere... :D

but this trade shouldn't give a wrong picture: i can't live from trading...i have a lot of small losers which destroy these wonderful profits. sometimes i feel that trading without stops would be the better idea for me...

when i look at es/pips pictures i have to say that he is a genius. i tried to trade his style with s/r and momo on small timeframes and i got lost in the jungle...for instance when i look at his picture with gu m15 s/r entry i have say that this trade is so risky that i would never take it. but it works like hell for him....crazy world....we have the same charts but everybody is seeing something else....

es/pip how did you decide in this case to take the trade? based on m1?and where was your sl?

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scratty
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Postby scratty » Wed Mar 02, 2011 5:28 pm

I can just tell that i feel the same fxfreak. Sometimes i see this momo bar against es/pips position and it is just eliminated so fast. I would have traded the other way. Es is trading the bigger picture. I find myself fooling around on M5 because i see es's charts on m5. But you get lost for shure if you dont consider the bigger pic. when looking at samll ones...

@es/pip: Do you look for something else that S/R and Momo on H1 like candle color or Rat/BOs?

Because of that reason i coded the PreCon -Multimeter! Only when there is a red/green light on bigger tf H1+ i consider entering a position. This helped my a lot until now. Ok just one day using it but it improved my patience which is my biggest enemy!:evil:



Lose professionally!

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scratty
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Postby scratty » Wed Mar 02, 2011 5:36 pm

finaly managed to post a nice chart :D

... thanks for the hint spa!
Lose professionally!

FXfreak
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Postby FXfreak » Wed Mar 02, 2011 10:08 pm

this day was PERFECTO!!!

Image

133 + 35 = 168 pips

FXfreak
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Postby FXfreak » Thu Mar 03, 2011 7:58 am

good morning ladies and gentlemen!

i think we are strong bullish. i would wait for a pullback to 40/50 and then long like hell near the asia-low and h1 open/close. :D

Image

other ideas? comments?

Enjoy the day! ;-)

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Postby FXfreak » Thu Mar 03, 2011 8:19 am

buy limit at 50, sl below 40

FXfreak
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Postby FXfreak » Thu Mar 03, 2011 8:55 am

next support-area at 25 and 50% fib at 17. i'm still long.

Image

FXfreak
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Postby FXfreak » Thu Mar 03, 2011 9:18 am

does anyone know where i can find a version of the ff calendar (ffcal) that works?

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ajaymein
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Postby ajaymein » Thu Mar 03, 2011 11:16 am

I gotta admit...I am trying very hard to get into a long here

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karol
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Postby karol » Thu Mar 03, 2011 11:20 am

Couple of trades form yesterday:


Number 1:

Image

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