Seeking consistency

This is a discussion on Seeking consistency within the Trading Journals forums, part of the Reception category; Originally Posted by Leia Entry 0.83 10 stop 0.83 25 Price has moved to twice risk (+30 @ .82 80), ...

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Old Jan 17, 2012, 4:17pm   #316
Joined Dec 2009
Re: EUR GBP 1H short signal rejecting D20ema

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Originally Posted by Leia View Post
Entry 0.83 10 stop 0.83 25
Price has moved to twice risk (+30 @ .82 80), so stop to breakeven. Either it takes me out for NIL or it'll grind back down to back below the 2010 low
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Old Jan 18, 2012, 8:30am   #317
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Re: EUR GBP 1H short signal rejecting D20ema

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Either it takes me out for NIL or
Stop taken out for NIL (and moved above original stop, so a loss avoided on a no good trade!)
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Old Jan 18, 2012, 8:39am   #318
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AUD USD 4H trigger

Leia started this thread AUD USD has posted another 4H trigger candle overnight, rejecting lower prices showing dynamic support from the 4hour 20ema

30 pips risked (entry 1.03 80, stop 1.03 50) for 400 reward if 1.07 00 seen. Two major hurdles to break are descending trend-line and yesterdays high. If yesterdays highs are seen @ 1.04 50, R is just over 2, making this an acceptable R:R
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aud-usd-daily-set-up.gif   aud-usd-4h-trigger.gif  
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Old Jan 18, 2012, 10:24am   #319
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Re: AUD USD 4H trigger

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30 pips risked (entry 1.03 80, stop 1.03 50)
Price has achieved R=1 (+30 pips @ 1.04 10) so stop has been moved to break even
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Old Jan 18, 2012, 5:57pm   #320
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Re: AUD USD 4H trigger

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Price has achieved R=1 (+30 pips @ 1.04 10) so stop has been moved to break even
This trade was stopped out, but a re-entry opportunity at the same level (1.03 80, initial stop at 1.03 50) was taken. Price has again moved past +30 (1.04 10) and the stop has again been moved up to break even
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Old Jan 19, 2012, 6:46am   #321
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Re: AUD USD 4H trigger

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This trade was stopped out,
Third time lucky, I have placed an order at the same levels (1.03 80 stop 1.03 50), having been stopped out for a second time for NIL
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Old Jan 19, 2012, 7:20am   #322
Joined Dec 2009
NZD counter trend Daily triggers

Leia started this thread NZD has posted daily 'trigger' candles against gbp, aud & cad
Although tempting signals, I am not pacing any orders as they are counter the recent trend and don't offer sufficient risk reward at this point in time
Attached Thumbnails
gbp-nzd-daily-trigger-counter-trend-.gif   aud-nzd-daily-trigger-counter-trend-.gif   nzd-cad-daily-trigger-counter-trend-.gif  

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