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stewartr replied Dec 22, 2008Reply to Yonnie — Hi Yonnie, Thank you for your question. My reply is meant to provoke more thinking by both of us. You asked ; "would it have been better to see price action around the resistance area?" I think the question "would it have ...
StewartR - I want my trading to be boring.
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stewartr replied Dec 21, 2008Hi Yonnie, I am now of the opinion that it is not necessary to have two "systems". Ranging markets range because support and resistance are stopping prices from continuing. Trending markets trend because support/resistance is failing in one ...
StewartR - I want my trading to be boring.
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stewartr replied Dec 21, 2008Bakuli - hello again :-) — Hi Bakuli, Thanks. Posting at FF was not important to me throughout the last few months. I was exploring the 30m and 5min and 1 min chart very closely on the euro. I took hundreds of trades and learned.......that I ...
StewartR - I want my trading to be boring.
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stewartr replied Dec 19, 2008EU - continuation of trend + 52 pips at the moment — Trend continuation. This is off a 30minute and 5 minute chart. The daily is a pin bar after an extended move....so the price is likely to go down today. Price declined 'alot' to reach 1.4000 ...
StewartR - I want my trading to be boring.
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stewartr replied Dec 19, 2008conclusion to the last trade +63 pips — Here's the last trade in a post that is more readable. Simple breakout. Saw 1 hour clear support get broken. Entered short (live trade above). Lesson - when a live trade gets to support/resistance dont ...
StewartR - I want my trading to be boring.
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stewartr replied Dec 19, 2008EU break out trade +63 — EU short trade. Support break after extended move. Took 63 pips in a few minutes when price was at prior resistance (which may have become new support). 10 minutes after exit, the trade is still running and is ...
StewartR - I want my trading to be boring.
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stewartr replied Dec 17, 2008How to let a profit run — Here is how I should have read the action. My reason for exiting was due to watching the formation of the candle immediately after the pin bar. If I had waited for the candle to close....I'd still be in this trade. ...
StewartR - I want my trading to be boring.
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stewartr replied Dec 17, 2008Closed AUD trade — Closed above trade for + 31 pips. Move went +70. Then two inside bars formed on the 1hour AUD....while the E/U was climbing rapidly to the old high. I suspect this means the AUD may bullishly follow. So I exited. Profit of ...
StewartR - I want my trading to be boring.
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stewartr replied Dec 17, 2008AUD + 51 pips so far — Trade still open Reason for entry: strong move up to area of resistance. Did not wait for price action to form. Did not wait for price to move down from high. Just got in on strength of the resistance. Currently up 42 ...
StewartR - I want my trading to be boring.
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stewartr replied Dec 17, 20087 months later....... — 7 months later.....and I have spent a lot of time looking at trading on 5 minute and 1 minute charts. The result is that I think I prefer Not to Trade so Short Term! So I will continue this journal posting live trades ...
StewartR - I want my trading to be boring.
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stewartr replied Dec 12, 2008Thanks - you've helped in a lot — Thanks Takisd, actually, your comments made me look at the breakouts that I like....and they all have inside bars or low volatility bars just before the breakout. I seem to get these setups a lot. I cant tell ...
How people should really trade!
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stewartr replied Dec 12, 2008Question - winning trade yesterday — Hi Takisd, If it is inappropriate to post this type of question here (and chart), please let me know. I want to make sure your thread is "your" thread. But forgiveness is easier to get than permission so ...
How people should really trade!
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stewartr replied Dec 12, 2008addendum to my euro - long or short post — Takisd, I should say that I am taking this short. Due to the length of the previous run up. I was stopped into the trade about 2 minutes ago at 1.3294. I should have mentioned that in my prior ...
How people should really trade!
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stewartr replied Dec 12, 2008Advice Euro USD — Hi Takisd, How do you read the euro right now. After a long move up....do you think about shorting a break of support. Or Buying a bounce off support... Another question .... do you wait for price action (like PIN BARS or ...
How people should really trade!
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stewartr replied Aug 26, 2008Trade 3 — Price at daily pivot + pin bar + general down trend Closed locked in a profit near prior support area. Letting the rest run. closed final amount for +41 pips at daily support. Review. This trade made sense. Daily bearish bar. Price ...
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stewartr replied Aug 25, 2008Trade 2 - Aud USD — 30 minute bearish outside bar from prior resistance + fib level + daily pivot +indicators extreme. these outside bars almost always retrace... now well see if the barrier can hold off the retracement. Closed at + 17 pips ...
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stewartr replied Aug 25, 2008Trade 1 stopped out — stopped out for a loss I have to get a more solid barrier to trade from. 'Trend' is not enough. I need to have a point of resistance/support that is likely to hold.
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stewartr replied Aug 25, 2008Trade 1 — usdcad bullish bar + break of resistance + indicators extreme + trend is up
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stewartr replied Aug 21, 2008Trade 19: 1R win — Trend breakout entry. Not a pull back like usual. (Just jumped on the trend on a strong break out.)
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