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- Paulette replied Feb 26, 2010
Hi NM & Co interesting indeed - Weekly chart is now showing 2 consecutive doji's, ranging within 250pips for 3 weeks, considering the retest of the support at 1.06390/ 1.06400 as a false break, ranging 4-5 weeks then... Will indeed be interesting to ...
Trend Trading All Pairs
- Paulette replied Feb 25, 2010
GBP/CAD triggered on my demo account while I was sleeping - moved SL to BE and am now off to get some other business done, back for NY session FINALLY: first TP +100 pips on this one, now stopped out on retrace for +45...
Trend Trading All Pairs
- Paulette replied Feb 24, 2010
Thanks for this view Custos, so we keep learning, indeed it does look like a TL test from above...
Trend Trading All Pairs
- Paulette replied Feb 24, 2010
I have absolutely no clue - as you rightly said sometime you look at the forest and other times at the trees... It is just an observation if a pair rockets one day, the next day it could be quite slack and trapped in the undergrowth so to speak... ...
Trend Trading All Pairs
- Paulette replied Feb 24, 2010
No matter how I get frustrated with stalling markets, when I look at my trade analysis and scorecard, I can see a huge improvement - few trades, higher success rate and less emotional trading: I draw out my trade on the chart, and wait, if it comes ...
Trend Trading All Pairs
- Paulette replied Feb 24, 2010
The probability indicated in the technical analysis is high, and yet, nothing is certain - looks like another retest of the levels mentioned... Yesterdays move was 250+ pips, it could be that this is causing the pair to stall within 100pip range...
Trend Trading All Pairs
- Paulette replied Feb 24, 2010
Hi NM, checking on 5min / 15min it seems to be bouncing about the 250 right now... 240 looks like a possible entry if we get a bpc / 123
Trend Trading All Pairs
- Paulette replied Feb 24, 2010
Like you said, good lesson too... Am still contemplating not going in live ont this one - maybe a demo trade...
Trend Trading All Pairs
- Paulette replied Feb 24, 2010
am looking more for 1.6400 as S/R level, it served as support 4 days, now looking to serve as resistance if it holds
Trend Trading All Pairs
- Paulette replied Feb 24, 2010
That major resistance is some distance away, but if it keeps floating about, it could reach that level by NY session.
Trend Trading All Pairs
- Paulette replied Feb 24, 2010
GBP/CAD - out -10, it went back to retest the 61Fib, so lets see if she dips down or not - till then I will be looking elsewhere
Trend Trading All Pairs
- Paulette replied Feb 24, 2010
cad/jpy — looks like it is setting up for another drop in the NY session
Trend Trading All Pairs
- Paulette replied Feb 24, 2010
I know, hence looking for more trader friendly environment, their spread used to be very good, and about 4-6 month ago they changed it too dynamic, so no longer fixed. As soon as I have my strategy waxed, I am off... I used to use their charts too, ...
Trend Trading All Pairs
- Paulette replied Feb 24, 2010
I entered more aggressively on 280, but this trade needs some momentum, maybe UK Open will bring us some with the trend... Edit: Is this trade heading back to 61Fib level at 16325? My spread is rather high on this one +15. my broker for now is ...
Trend Trading All Pairs
- Paulette replied Feb 24, 2010
AUD/USD — Looks like AUD/USD 30/5 might give a b-p-c to get in on an LOB. Not a pristine LOB, but been in a tight range, caution with yesterday's low not too far off.
Trend Trading All Pairs
- Paulette replied Feb 24, 2010
you still holding? I am thinking of getting in as it hits the asian low
Trend Trading All Pairs
- Paulette replied Feb 23, 2010
I have applied the KISS rules you stated yesterday: - Trend; - S/R level bounce off / touch -R:R (1:2) So that would make your entry around lets say 90.70, SL 15, tp1 30 Is my assessment of your trade above correct? Now Hector Rules: Looking at the ...
Trend Trading All Pairs
- Paulette replied Feb 23, 2010
I watched EU and wondered - hmmmm, but hey, there will be more... EDIT: yr GU = +100 at the moment! Well done, congrats
Trend Trading All Pairs