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- Trading on trend lines
{image} Question about trend line, as you see the example I posted, trend line on the top obviously ...
- lkthomas replied Sep 24, 2015
trying out 5 minutes shorting on USDJPY
- lkthomas replied Sep 24, 2015
shorting USDCAD as it reached daily supply zone. (Or am I correct?
- lkthomas replied Sep 24, 2015
We map the S/R level wrong, check daily chart, the supply level should be on the level where I shorted.
- lkthomas replied Sep 23, 2015
Let's see how it goes, shorting HSI because 4 hours showing breakable of previous bottom EMA image Edit: follow up with 1 H chart, it's touching previous EMA low, let's see how we proceed image Edit: Already took profit as EMA hitting 1 hour EMA ...
- lkthomas replied Sep 23, 2015
image "M"
- lkthomas replied Sep 23, 2015
Time to long GBPAUD, triple bottom? image Edit: cut with minor loss, seems lacking momentum going up, prepare to short Shorting now as second EMA already touching the bottom image Edit: cut loss image
- lkthomas replied Sep 23, 2015
trying to long EURJPY as well on 1H chart image Edit: This one looking good, isn't it? image Edit: Closed with profit image
- lkthomas replied Sep 23, 2015
trying long NZDJPY 1hour chart image Edit: cut loss, lack of moment; Go short now image Edit: maybe because double bottom issue? Cut loss on short, seems swing too much, wait for confirmation image Edit: shorting now as it can't break "M" top ...
- lkthomas replied Sep 22, 2015
Shorting HSI now as 1H EMA previous low already broken. image
- lkthomas replied Sep 22, 2015
This time let's try GBPJPY at 1hour chart setting pending order and execute approximately closing to previous EMA low. image Edit: manually long now, let's see if 1H chart would provide more precise trades.
- lkthomas replied Sep 22, 2015
Let's try to short gold as it reach a level of what we expected, haven't done it before, test it on gold first time. image Edit: Trend didn't build up, close short position with lost. Don't know what went wrong yet. Perhaps this is why I said this ...
- lkthomas replied Sep 22, 2015
as we speak here, price do jump up indeed, let's wait for a while until M or W shape appear again on 5 minutes chart.
- lkthomas replied Sep 22, 2015
I am not going to trade again as the W shape is messed up, it reached first time then bounce back up, then drop back. I think it's going to jump up, but not going to long as risk is high.
- lkthomas replied Sep 22, 2015
Closing short position as no momentum going down image I think once position opened, you have to watch the momentum carefully, once EMA is broken, the speed of movement should be accelerating, this time instead, moving side way and we should close ...
- lkthomas replied Sep 22, 2015
Looking good image
- lkthomas replied Sep 22, 2015
trying to short DJ30 image
- lkthomas replied Sep 22, 2015
Just closed short order with profit as 1 hour chart EMA is hitting bottom of previous low
- lkthomas replied Sep 22, 2015
Another successful shorting on OMX30
- lkthomas replied Sep 22, 2015
Question, does it just hit supply zone? dotted line show my short position now on demo account image