Seeking consistency

This is a discussion on Seeking consistency within the Trading Journals forums, part of the Reception category; Originally Posted by Leia Price has given 1:4 (+80 pips) Yesterdays lows have been broken and a 15M candle printed ...

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Old Dec 22, 2011, 3:38pm   #305
Joined Dec 2009
Re: Eur usd 15m trigger

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Originally Posted by Leia View Post
Price has given 1:4 (+80 pips)
Yesterdays lows have been broken and a 15M candle printed rejecting higher prices has given me an entry with just 25pips of risk, which I am comfortable with
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Old Dec 22, 2011, 3:57pm   #306
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Re: Eur usd 15m trigger

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Originally Posted by Leia View Post
15M candle printed rejecting higher prices has given me an entry with just 25pips of risk
which has been taken out
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Old Dec 31, 2011, 1:44pm   #307
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eur usd target met

Leia started this thread bearish sentiment provides lower prices (1.29 00 gave + 200 pips)
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Old Jan 3, 2012, 3:15pm   #308
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gbp usd 4H trigger rejection D 20ema

Leia started this thread cable 4 hour chart shows a shooting star candle formation indication rejection of higher prices (having broken through the 61.8% retracement level of the last down swing)

The daily 20 ema may have provided dynamic resistance around the 1.56 00 round number level. Risk of just over 1:2 (stop above candle high at 1.56 25 target at recent lows 1.53 80)
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Old Jan 4, 2012, 8:30am   #309
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Re: gbp usd 4H trigger rejection D 20ema

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Originally Posted by Leia View Post
(stop above candle high at 1.56 25 target at recent lows 1.53 80)
Stop hit
cable remains bearish on the daily chart, retracement into the 20ema / 50sma dynamic resistance area, waiting for another strong 'sell trigger'
4h moving averages may turn to bullish today
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Old Jan 4, 2012, 11:25am   #310
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eur usd 4H trigger

Leia started this thread 2nd 4H shooting start just formed @ D20 dynamic resistance and last weeks high (which saw a significant sell off)

stop just above last weeks high @ 1.30 80, 30 pips risked for entry @ 1.30 50 with a target of recent lows @ 1.28 80 (170 pips reward R:R over 5 X, if it comes off)
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Old Jan 4, 2012, 3:33pm   #311
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Re: eur usd 4H trigger

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2nd 4H shooting start just formed @ D20 dynamic resistance and last weeks high (which saw a significant sell off)
Order removed as entry price @ 1.30 50 missed by 8 pips and move now well advanced
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Old Jan 13, 2012, 4:55pm   #312
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eur usd 4H trigger to short

Leia started this thread previous daily swing low may act as previous support turned resistance around 1.28 50 (also 50% retracement of last weeks down move)

4H 'shooting star' type candle printed at 10am this morning. trade set up to short at 1.28 40 (50% to reduce risk) with stop above high @ 1.28 85 and target of recent lows at 1.26 85

Risk Reward around 1:3 (45pips for 155pips)

Price just opened order (by 4 pips) and has now achieved target level
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