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ephisi replied Jul 9, 2015Taking a long on audcad. I am 100pips late on this trade but still entered because the trade has alot of room oo move to twe up side. 300 to 400pips target. May take a week or weeks to play out. Will add longs is she reaches the bottom again.
The Sacred Edge
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ephisi replied Jul 9, 2015My suspisions on usdjpy have been confirmed. Short signal from the top for over 500pips, Long signal from the bottom for quick profit of 140pips. I didnt take this trades because the move had already started before i realized the new dimension of TZ ...
Time based transient/recurrent zones trading
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ephisi replied Jul 9, 2015It depends on where and how the breakout occurs. I will prefer an entry close to the very top 1.66 its possible.if i dont get a good pullback rally i will skip the trade
Short term swing/day trading
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ephisi replied Jul 9, 2015My mind is expanding by the day. I will have much better enteries and quicker profit setups than before. Learning everyday. Its all about good filters
The Sacred Edge
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ephisi replied Jul 9, 2015Finally rallied into approximately 40pips plus 50pips profit. But closed those trades due to high risk.of major breakout
The Sacred Edge
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ephisi replied Jul 9, 2015Pull up your EURNZD charts. I smell a topping out. Watcing this closely. Waiting for the perfect entry. If we close today below1.6358 i will be looking for entry on pullback.
Short term swing/day trading
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ephisi replied Jul 9, 2015Great matey, now we just wait and hope it all plays out in our favour.
Short term swing/day trading
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ephisi replied Jul 9, 2015Gradually Playing out. If i got this right i will aim for 1000pips. 1:10 risk reward. Not had time to check for other setups.
Short term swing/day trading
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ephisi replied Jul 9, 2015Youre right mate. Your mind seems to be on to something. Price action is basically wave motion. Sometimes sinewave(ranging market) then sharply inclined descending sine wave(trending market) these waves are heavily H dependent. Now just liie a sine ...
Time based transient/recurrent zones trading
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ephisi replied Jul 9, 2015The crash of usdjpy seems to be showing me another dimension of TZ trading. So im reopening this thread to investigate and test this new dimension of time based trading. Looks much more promising than the sacred edge. Ideas just seem to be ...
Time based transient/recurrent zones trading
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ephisi replied Jul 9, 2015Yes Jay, lol. So unbelievable. One needs to have faith in those setups to hold and ride them out. Trends are rare, but when they occur and you catch them pips abound
Long term position trading
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ephisi replied Jul 8, 2015Closed most of my trades, leaving cadjpy and eurjpy which look like fresh trends.
Long term position trading
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ephisi replied Jul 8, 2015Just as i said on my other longterm journal. This is similarly a very simple as abc strategy using sound money management. Look for the begining of a trend and swing it till it ends on the other hand Buy dips in uptrend, sell rallies in down trend
Short term swing/day trading
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ephisi replied Jul 8, 2015First trade taking and looking good with no drawdown. Eurcad short at 1.4068 stop 1.4168. Target open. I will be holding this trade for days to weeks if it trends. Price action will determine exit
Short term swing/day trading
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Short term swing/day trading
Started Jul 8, 2015|Recycle Bin|14 replies
I have decided to start this thread as my trading journal to monitor my short term day/swing ...
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ephisi replied Jul 7, 2015Hey mate, can you shed some light on why the japanese yen is now regarded as safe haven currency. 2 to 3 months ago it was only the us dollar that was regarded as safe haven. Now usd is being bought, jpy is being bouht as safe haven. Your expert ...
Discovering An Edge
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ephisi replied Jul 7, 2015Closed both cad trades for -50pips. There was some bad analysis i made with that trade. It could rally but the trade is extremely risky. Found out after i was already in the trade
The Sacred Edge