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- cprao replied Sep 24, 2010
H4-euraud-break-out trade — Yesterday night, I took this trade.. though it is gone/going as expected.. But wanted to know senior thoughts on this. FXDD, H4 TF. From daily and weekly prospective, it is a huge downtrend. From H4, It broke 1.4000 ...
My Trading Journey
- cprao replied Sep 24, 2010
Et3-audjpy-h4 — Put the order for this pair... but never triggerred. So cancelled the trade 1. Uptrend 2. Price pulled back to EMA21 and a BUOB 3. Close of BUOB is ok though not extremely strong Cons: 1. Looks like it is going to range between ...
My Trading Journey
- cprao replied Sep 24, 2010
H4-eurgbp-et3? — Is this ET3 trade ? IBFX, H4, EURGBP Trend is up. BUOB on EMA21 breaking 4 bar consolidation.. Barely touched EMA21. Above 8500.
Trading "The Constrictor"
- cprao replied Sep 23, 2010
I guess the close is not strong. Wic left out. had the bar closed under 1.4000, would have been a great BEOB.. The good thing is BEOB is with the trend. The BEOB is still not broken on FXDD.
james16 Chart Thread
- cprao replied Sep 23, 2010
Thank you Mike for your input. I am not sure whether I was lucky with that trade or it just worked out right. Yeah, I got your point of 4100. In fact, the price toched 4090-92 and retraced back and stopped me out at BE. SL - I know, I should have ...
james16 Chart Thread
- cprao replied Sep 23, 2010
Update on post 246-audjpy-et3 — Never triggerred the trade. Hence the position is cancelled.
Trading "The Constrictor"
- cprao replied Sep 23, 2010
EURAUD -TRADE at 1.40 — Yesterday night, I took this trade.. though it is gone/going as expected.. But wanted to know senior thoughts on this. FXDD, H4 TF. From daily and weekly prospective, it is a huge downtrend. From H4, It broke 1.4000 ...
james16 Chart Thread
- cprao replied Sep 22, 2010
I don't know what is the 2nd chart.. It ran to moon.
Trading "The Constrictor"
- cprao replied Sep 21, 2010
Bar size may be ok.. but it is against the current trend.. not sure this small pin can fight against the trend. My view only.
james16 Chart Thread
- cprao replied Sep 21, 2010
Et3-audjpy-h4 ? — 1. Uptrend 2. Price pulled back to EMA21 and a BUOB 3. Close of BUOB is ok though not extremely strong Cons: 1. Looks like it is going to range between 80.50 and 81.50. 2. The trigger buob is not closed above the previous ...
Trading "The Constrictor"
- cprao replied Sep 18, 2010
They look good to me. Some senniors adjust the PPZ's to nearest BRN/s or VBRN's. Please make a note that PPZ are zones rather than single lines. If you see PPZ at 1.5990, it makes sense to draw it at 1.6000.. since this is closest VBRN and can play ...
james16 Chart Thread
- cprao replied Sep 17, 2010
Yeah!! great exaplantion about threatning pull back and non-threatning pull back. For any method, there would be some loosers. But it is very important to understand whether it is a genuine looser or not. In this video you have clearly showed that ...
Trading "The Constrictor"
- cprao replied Sep 17, 2010
I would have been booked half of profit, if I traded this as a J16 trade. Since this is a trend following method, I thought I should not cash out the trade soon but at the same time, I don't like to make any loss. So just moved my stop to BE.. now ...
Trading "The Constrictor"
- cprao replied Sep 17, 2010
Yes. it would be very difficult to look at them on H1 charts constantly.. may not be practical.. H4 and up looks more practical. For me, personally, only Daily and weekly works( for any strategy).
Trading "The Constrictor"
- cprao replied Sep 17, 2010
After trying with multiple color combinations, I fianlly gave up.. removed shade indicator. looks more cleaner and all the tiny details are visible
Trading "The Constrictor"
- cprao replied Sep 16, 2010
Interesting !! Looks like a solid ET1. Good consolidation. strong BUOB.. no wic.. solid close. Not swing low.. I guess Ghous only suggesting this strategy (or backtested) on H4 and UP..
Trading "The Constrictor"
- cprao replied Sep 16, 2010
Thank you Ghous for your comments. Yeah.. I see what do you mean by choppy market..
Trading "The Constrictor"