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OANDA Discussion

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OANDA Discussion

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OANDA Discussion

USD/CHF short trade established. I have a problem with this now. The price nearly made a new day's low, thus rendering my stop level, which was behind a last local low, useless. Oh fuck as I'm writing this the price has nearly taken my order. Ok, I ...

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Some symmetry on AUD/JPY, looks like a diamond, though the move sequence is messy. Not trading this, just watching. image

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So I've got three orders at the moment. One for USD/CHF, another for GBP/JPY, and one for EUR/GBP. I will not be putting any more orders today except for reverses once any of these orders gets established. I made too many trades this week. But as ...

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Stopped out. The fatal mistake in my plan was that I was assuming an extension on the weekly basis, but there was only one day left for the week so the odds were not as good. image

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Played a game of patience with the market and she won. Good game. I'll get you next time. image

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Applying 18.1 on GBP/JPY and USD/CHF. They are at 29% and 37% of 40ADR respectively. GBP/JPY - buy @ 130.55, stop - 130.0, tp - 131.5 (~100% 40ADR) USD/CHF - sell at 0.9526, stop - 0.95711, tp - end of day. These two pairs do not share any currency ...

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Buy order on EUR/GBP. It will only be activated if the line gets broken AND the main move of the day is changed. Entry order at 0.88, sl - 0.8780 (below intraday low), TP1 - 0.883 (~95% ADR), TP2 - end of day. Could've sold the dotted line with a ...

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Scratch the part with monthly 18.4, it's weekly 18.4 only. Thus I can use 0.9825 as my target, which is roughly ~ 90% AWR. Sell order at 1.0003, stop - 1.0028. Don't want to use the lower border of the potential triangle (flag?) as my TP point as my ...

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Here's an interesting setup on AUDCAD. The triangle is not formed yet, but it has three touches on the upper border. Tthe move sequence is not correct so I think it counts as a single touch only, though the third touch might be a hint that the line ...

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Here's an interesting setup on GBP/USD, giving an opportunity to sell from the upper border. I'm not going to take this, as for one, it is a broadening formation, and two, it is pointing upwards and I would have to sell from the top, something that ...

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Here was what supported the same idea on NZD/JPY: The lines are almost completely parallel, though the move sequence inside is not exactly correct, if you count the first touch on the upper border. However, I think that the first touch on the upper ...

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Price is moving away. Trailing my orders down by 4 pips. image

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And my lovely EUR/CHF - well, I'm still playing a patience game with Miss Market. image And as for the part where I was expecting the price to accelerate upwards and stop me out: image

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USD/JPY reached it's target, reverse order cancelled. I could've milked some more out of this trade. image

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Sell and reverse both stopped out. image

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Here's the situation with USD/JPY sell, which was originally an entry for late 18.1. The market has made a third touch on a descending trend-line, thus I'm using this as an excuse to keep the trade open with the original target. image

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Reverse order for GBP/JPY above the day's high at 130.231, stop - 129.82, TP - 131.

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