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- tmoney5474 replied Oct 8, 2012
I really like the AUDNZD. Great supply at this level. Im going to break the rules a little and enter early before the next 4H close. Enter short 1.2450, TP 1.2410, SL 1.2470.
Channel surfing!
- tmoney5474 replied Oct 8, 2012
AUDNZD closed outside the 4H channel. Now waiting for a 4H close back into the 4H channel.
Channel surfing!
- tmoney5474 replied Oct 8, 2012
OK, so we took a full -45 pip stop in the NZDJPY but we are up +80 on the EURAUD. AUDNZD (short) and EURCAD (long) setting up nice. Lets see if we can get a close outside the the 4H.
Channel surfing!
- tmoney5474 replied Oct 8, 2012
Sorry, I know the stop is a little wide but if you look back at the June spike high, that level will be defended well. If that then get broken then the trade is wrong. If not... JACKPOT. Remember, we are trading a a 4H chart. Considering people ...
Channel surfing!
- tmoney5474 replied Oct 8, 2012
OK.... You will soon see the power of HUGE supply.... Just watch....
Channel surfing!
- tmoney5474 replied Oct 8, 2012
BUT the violet didnt shift to 35. It shifted to 3074. There is NO level at 35. So im just trying to figure out how you got 35??????
TST levels
- tmoney5474 replied Oct 8, 2012
But again, your getting the 35 level based on how much the violet level moved up itself correct. So if it would have only moved up 300 pips you would maybe say it was going to 33. Is that right?
TST levels
- tmoney5474 replied Oct 8, 2012
On the monthly levels you say we should see 35 in the comments on the EURUSD because of the violet level. What makes you think that? How are you seeing that when looking at the violet level? Is it because it shifted up 500-600 pips from last months ...
TST levels
- tmoney5474 replied Oct 8, 2012
Can you save these one by one. For some reason I cant open the attachment.
TST levels
- tmoney5474 replied Oct 8, 2012
The comments on the monthly levels you say we we will probably go to 35 on the EURUSD because of the violet level. How do you come to this conclusion? Is it becasue we had a 500-600 pip shift up in the violet level?
TST levels
- tmoney5474 replied Oct 7, 2012
Short EURAUD 1.2785 TP 1.2675, SL 1.2885 (closed outside Fridays 4H chart, current trends still down.) Long NZDJPY 64.45 TP TP 65, SL 64.05
Channel surfing!
- tmoney5474 replied Oct 7, 2012
Looking to go long NZDUSD in the next hour close if it stays above above 4H channel. Looking good! NZDJPY might also get a trade.
Channel surfing!
- tmoney5474 replied Oct 7, 2012
Price opened outside the 4H channel on the NZDUSD. Looking at 3 potential setups to start the week. Long NZDUSD .8170 is decent demand Long NZDJPY 64.15 is decent demand Short EURAUD 1.2850 is very strong supply Looking to trade once we get a close ...
Channel surfing!
- tmoney5474 replied Oct 7, 2012
These are the opportunities I see for the upcoming week based on 4H and Daily trend moving in the same direction. EURUSD EURAUD (looking for close into the 4H for a short. Trading very close to strong daily supply! EURGBP EURJPY GBPJPY AUDNZD (may ...
Channel surfing!
- tmoney5474 replied Oct 7, 2012
If you get a TST indexes sell signal, are you taking short trades on the first day or are you holding off and taking short signals at levels the next day after the initial TST indexes sell signal? Just to clearify, you only trade in the direction of ...
TST levels
- tmoney5474 replied Oct 6, 2012
TST trader, you mentioned building a TST indicator for the S+P futures market on the babypips.com website. Wondering if you got that done. I would love to have the futures TST indicator.
TST levels
- tmoney5474 replied Oct 6, 2012
This is a great point. The channel doesnt repaint but it is dynamic. Meaning it updates with price. With that said, we are trading a 4H chart so we shouldnt have a ton of changes in either channel throught the week. So, to overcome the moving of the ...
Channel surfing!
- tmoney5474 replied Oct 5, 2012
Most trades will have a stop between 40-100 pips (depending on the pair). Targets will be 1.5-4 times higher most of the time. Win rate... 60% or so. Less if your not trading around high quality supply or demand zones. For me, I risk 2.5% for each ...
Channel surfing!