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- MichaelSA replied Apr 12, 2010
GBPUSD 12 April — Hi Here are my orders for today, Not too happy about the risk/reward = 86 pips M
profitable Zigzag
- MichaelSA replied Apr 12, 2010
GBPUSD 4hour Crow — GM all, In my quest to conquer the Crow, here is what I think is a crow formation on a GBPUSD 4hour chart 12 April. Any comments... M
profitable Zigzag
- MichaelSA replied Apr 11, 2010
Good Morning cprao (Well its still Sunday evening here) At this stage its just a visual comparison. So have two charts (one on top of the other). Still thinking about how to trade the 2 'set ups' though, because I have been using the ZigZag to trade ...
profitable Zigzag
- MichaelSA replied Apr 11, 2010
Hi mistersimple, Thank you for your all your input, it is really appreciated.
I will try this week to see if I can spot a crow as it is happening, and post it for comment. Using a Zigzag (12, 3, 5) and a Zigzag new nen (21, 13, 34) and ...profitable Zigzag
- MichaelSA replied Apr 10, 2010
Thank you for the encouragement, it still early days, hopefully the month will turn out +ve. I agree, lets keep things rolling. When I get a chance this weekend I will have a look at the indies mistersimple kindly posted. Otherwise there is still ...
profitable Zigzag
- MichaelSA replied Apr 9, 2010
Hi, Thanks- Yip, I agree lets see what happens over the next couple of weeks/months I could be very interested in Harmonic trading if its anything like the crow. I had a look at it awhile ago (either on a FF thread or somewhere else), but it did get ...
profitable Zigzag
- MichaelSA replied Apr 9, 2010
You are very right-----for me, the hardest thing in trading is sitting on your hands and letting the trade unfold. (I have closed far to many trades early, only to see it reach my original TP 15/30 minutes later!!) M
profitable Zigzag
- MichaelSA replied Apr 9, 2010
GBPUSD Weekly Chart — Hi mistersimple, Would this classify as a Crow? It is on a weekly chart, with a possible TP of 1.5900?? A good 500 pips (WOW!!) Thanks, just trying to learn (If you could post some charts of what you see when you place ...
profitable Zigzag
- MichaelSA replied Apr 9, 2010
Thanks — Hi Dzero, Far East Man Thanks for the congrats.
This style of trading is far less stressful than how I use to trade, and far more simple. Far East Man> sorry to hear about your losses, hopefully next week brings in some +ve ...profitable Zigzag
- MichaelSA replied Apr 9, 2010
Hi Thanks for your reply- just looked at 30min chart, and I understand. Thank you for your response and teachings, it is great to learn something totally new. M
profitable Zigzag
- MichaelSA replied Apr 9, 2010
GBPUSD 9 April Result — Hi again, So I am done for the day. TP on buy was hit
Pips for today 51 Pips Net Pips to date 101 Pips Have a great weekend all Mprofitable Zigzag
- MichaelSA replied Apr 9, 2010
A Crow on GBPUSD 15 min — Hi Mistersimple Would this count as a crow? (If it is-then my buy is in real danger!!
) Thanks Mprofitable Zigzag
- MichaelSA replied Apr 9, 2010
GBPUSD 9 April — Good Morning All, Here is my trade set up for today. Note: Again not exactly according to the rules. I chose the SH @ 1.5311 because after London open there was a break of 1.5300, followed by a retest.(Blue oval- can be seen ...
profitable Zigzag
- MichaelSA replied Apr 8, 2010
Hi Aithin I have not tried it in the US session> but I think it works well for London session because the GBPUSD is only traded lightly outside the London session, and at London open there is an increase in orders, volatility, momentum etc etc which ...
profitable Zigzag
- MichaelSA replied Apr 8, 2010
Hi Far East Man and mistersimple, On this chart would you be looking to buy (the bounce and aiming for the 61.8 level) or would you be looking to sell the break down? Thanks to you both, this seems to have sparked a whole new way of trading the ...
profitable Zigzag
- MichaelSA replied Apr 8, 2010
Hi Mistersimple, Must be honest- never heard of the 'crow' pattern. Could you tell us more M
profitable Zigzag
- MichaelSA replied Apr 8, 2010
Hi, Sell closed out for +1pip. Net pips to date +50pips M
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- MichaelSA replied Apr 8, 2010
Covering for the News — Hi all, Just check the News- there is 7 bits of news out today for GBP and a couple for USD!! So I have cancelled my buy order and covered my sell order @ BE +1. Good luck to all M
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- MichaelSA replied Apr 8, 2010
Hi Far East Man, I forgot to check the news releases-- However the sell order has been triggered so will let the day play out. As you can see from the chart I posted I have used different SH and SL. A risky move, however trading is risky. Hope your ...
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- MichaelSA replied Apr 8, 2010
GBPUSD 8 April 5 min setup — Hi Here is my setup for today. Swing High @ 1.5201 Buy @1.5206 TP 1.5239 SL 1.5173 (Risk/Reward 33 pips) Swing Low @ 1.5174 Sell @ 1.5173 TP 1.5140 SL 1.5206 (Risk/Reward 33pips) Today's orders are not exactly ...
profitable Zigzag