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- cprao replied Jun 17, 2010
Update: Pair struggled a bit.. stayed for 3 days in the trade. finally hit the first FTA as expected. My order management EA did not work to break-even the 2nd trade. Ultimately closed the 2nd trade for a few pips loss.
My Trading Journey
- cprao replied Jun 17, 2010
EURCHF Daily 06-15-2010 - as expected — Update: This behaved exactly as expected. However it took more than a day to reach first FTA. It came 8 pips close to 2nd FTA. probably will not reach to 2nd FTA. I will manually close this trade now.
My Trading Journey
- cprao replied Jun 16, 2010
EURCHF Daily 06-15-2010 — Pros: 1. Overall trend is downward. 2. Pin is at swing high 3. Pin shape is ok. would have been much better if the pin is more towards the end 4. Off of 1.4000 5. Off of confluence on the left Cons: FTA is close by. ...
My Trading Journey
- cprao replied Jun 15, 2010
CADJPY - 06-14-2010 — Another pair, in fact this pair looks better than the previous pairs identified today. See above post. Pros: 1. Along with the trend 2. Pin is off 68% fibo 3. pin is off Daily ppz 4. Formation of pin bar is not sure.. ...
My Trading Journey
- cprao replied Jun 15, 2010
Of all the pairs I have seen, CADJPY looks little better. However I am not able to determine FTA's for this since it is heading into a traffic area. Pros: 1. Along with the trend 2. Pin is off 68% fibo 3. pin is off Daily ppz 4. Formation of pin bar ...
james16 Chart Thread
- cprao replied Jun 14, 2010
06-14-2010 Out of 3, 2 are chosen — Today, I have seen atleast 5 pairs that looks like pin bars (some are not technically). They are - eurusd usdjpy, audjpy,audusd and nzdusd. Out of which 2 are passed righaway. they are eurusd and usdjpy. In ...
My Trading Journey
- cprao replied Jun 14, 2010
AUDJPY — Mike, Following are my observations on this pair. Would you please share your views on this one ? CONS: 1)As you stated, it is not a pin bar technically. 2)I also think, the pin is not a result of any confluence (No Fibo or traffice ...
james16 Chart Thread
- cprao replied Jun 12, 2010
Thank you.. I feel the same that.. it may not work due to traffic but I want to know from seniors view on this.
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- cprao replied Jun 12, 2010
Ok.. your are right.. even though order is placed right on top of DBLHC, it would not have triggerred.
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- cprao replied Jun 12, 2010
Thank you.. But how do you determine that it is a retracement but not a PA to go up ?
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- cprao replied Jun 12, 2010
USDCAD Weekly - 06-11-2110 — I am not whether it is a tradale pin or not ? 1) BEOB is not that bad size in relation to previous candles. 2) It is with the trend. If tradable, enter after the first FTA .. then next 2 blue rectangles will be ...
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- cprao replied Jun 12, 2010
EURCHF Weekly 06-11-2010 — I am sure this is not a tradable pin.. the only good point it has I believe is its location, at absolute swing low. CONS are a few: 1. Pin is small in relation to previous bars 2. Can't fight against such a big ...
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- cprao replied Jun 11, 2010
Thank you.. I have been reading each and every post of Jame16 for the last few weeks.. Most of the time, I am a lurker of that thread. I am very thankful to all seniors of Jame16 group.
My Trading Journey
- cprao replied Jun 8, 2010
First trade- Weekly GBPCHF — Account type: Demo. Timeframe - Weekly Pair - GBPCHF Overall analysis: Pair is overall downtrend. Pin bar formed right between 50 & 68 fibo. Pin looks like in a good shape. Pin is not running into any major PPZ ...
My Trading Journey
- cprao replied Jun 8, 2010
Tarde Summaries — Here I would like to consolidate trade summary details in terms of number of trades, gains and losses, etc..
My Trading Journey
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My Trading Journey
Started Jun 8, 2010|Trading Journals|75 repliesWedge pattern examples by Mike: http://www.forexfactory.com/showpost...ostcount=80364 ...
- cprao replied Jun 7, 2010
GBPUSD - Daily - Analysis — RED = Monthly PPZ Pink = Weekly PPZ Green = Daily PPZ Tried to identify 1) BUOB 2) BEOB 3) PB
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- cprao replied Jun 7, 2010
Thank you for the feedback. I agree that could also be a BEOB.. in fact more of BEOB than PB.. since the pin is too big to consider as a PB. Appreciated.
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