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ilzalama replied May 1, 2013Trade Update Short AUD/USD - 1.02815. Current Stop 1.02775. +4.0 Secured EUR/JPY - NOTHING EUR/USD - NOTHING GBP/JPY - NOTHING Long GBP/USD @ 1.52784. Current stop 1.54640. +185.6 secured Short USD/CAD @ 1.01907. Current stop 1.01020. +88.7 secured ...
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ilzalama replied May 1, 2013Hey ash, Unless you are trading Oanda MT4, you will need to upload a screen shot for me to check out what you did. If you shorted AUD/USD @ 1.0298 I would have +6 pips secured. Thats just me. For your Gold trade Short @ 1452, where did you get in ...
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ilzalama replied May 1, 2013Trade Update Short AUD/USD - 1.02815. Current Stop 1.03815. EUR/JPY - NOTHING EUR/USD - NOTHING GBP/JPY - NOTHING Long GBP/USD @ 1.52784. Current stop 1.54640. +185.6 secured Short USD/CAD @ 1.01907. Current stop 1.01020. +88.7 secured Short USD/CHF ...
Trend Runner
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ilzalama replied May 1, 2013Hey Syracuse, I do not trade AUD/JPY, I just have not added yet. As my account grows I will add more pairs after crunching data on them, but having said that, if I was trading it, I would be short yes. It actually looks pretty good. Right now price ...
Trend Runner
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ilzalama replied May 1, 2013Hey Ashtrader, Honestly, I have been getting chewed up on the EUR for the last 3 weeks. I lost -59 pips over that 3 week period end on 4/26. The 200 SMA was flat as a noodle. All that congestion is just ticking me off. I should have taken the trade ...
Trend Runner
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ilzalama replied Apr 30, 2013Trade Update AUD/USD - NOTHING EUR/JPY - NOTHING EUR/USD - NOTHING GBP/JPY - NOTHING Long GBP/USD @ 1.52784. Current stop 1.54640. +185.6 secured Short USD/CAD @ 1.01907. Current stop 1.01260. +64.7 secured Short USD/CHF @ 0.93941. Current stop ...
Trend Runner
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ilzalama replied Apr 30, 2013Hey gaia68, Once a new S&R is established, my stop is moved to that new line. In a long, I will subtract 3 pips from the line. In a short I will add 3 pips. Example: image
Trend Runner
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ilzalama replied Apr 30, 2013Hey iwan73 Look at the pic: image You would have entered at the arrow. -ILZ
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ilzalama replied Apr 30, 2013Hey ashtrader, I did touch on this and am planning an advanced entry post. I will speak about now. Price has been above/below the 200 SMA I took a trade but now I'm out, how do I get back in? If price is bouncing around between S/R, I wait for it to ...
Trend Runner
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ilzalama replied Apr 30, 2013Hey iwan73, Here is a shot. I placed lines on my initial entry, initial sl & current sl. image
Trend Runner
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ilzalama replied Apr 30, 2013Hey All, So just FYI, My Oanda H4 Candles are as follows: 1 AM PST 5 AM " 9 AM " 1 PM " 5 PM " 9 PM " I catch all but the 9 AM. Gotta Sleep. But usually you can tell if something is going to happen. Sometimes if it looks close, I will get up @ 8:45 ...
Trend Runner
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ilzalama replied Apr 30, 2013Trade Update 1 AM CANDLE AUD/USD - NOTHING EUR/JPY - NOTHING EUR/USD - NOTHING Long GBP/USD @ 1.52784. Current stop 1.54150. +136.6 secured Short USD/CAD @ 1.01907. Current stop 1.01827. +8.0 secured Short USD/CHF @ 0.93941. Current stop 0.93911. ...
Trend Runner
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ilzalama replied Apr 30, 2013Hey iwan73, My mistake, I thought that candle 1 closed red. Sometimes when supertrend changes color, it will do so with a small red/blue/yellow tip. I thought maybe that a small red tip appeared. If it did not, but was red at candle 2, then go for ...
Trend Runner
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ilzalama replied Apr 30, 2013TRADING GOLD I am going to chat a little about trading gold. Trading Gold is a bit different if you live in the Good Ol' U S of A. I get 0 leverage in trading Gold with my broker (Oanda) but it's OK. Trading gold in the USA, My leverage is 1:1. That ...
Trend Runner
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ilzalama replied Apr 29, 2013Ok, this is what I have going currently. AUD/USD - NOTHING EUR/JPY - NOTHING EUR/USD - NOTHING Long GBP/USD @ 1.52784. Current stop 1.54150. +136.6 secured Short USD/CAD @ 1.01907. Current stop 1.01827. +8.0 secured Short USD/CHF @ 0.93941. Current ...
Trend Runner
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ilzalama replied Apr 29, 2013Hey gaia68, There is nothing wrong with that. I used to use them all the time, but I do not rely on them for trading anymore. These days, I can just eye lower lows and higher highs. I spent enough screen time that trend lines are burned into my ...
Trend Runner
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ilzalama replied Apr 29, 2013Hey IWAN37, In your first pick, the line you placed would be the entry candle. You would enter at the start of that candle. In the second pic, this could be a retracement or it could be a continuation. I do not trade that pair (CHF/JPY) but if I ...
Trend Runner
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ilzalama replied Apr 29, 2013Hey gaia68, When the market is in "TRAFFIC' I try to not avoid trading. "But when will we know when price will move?" Well, we don't. What I do is continue trading the way I do. You see, price is going to bounce between relatively tight S&R. When ...
Trend Runner