Seeking consistency

This is a discussion on Seeking consistency within the Trading Journals forums, part of the Reception category; Originally Posted by Leia Pound Yen set up very similar to cable in the post above Order to enter long ...

Reply
 
LinkBack Thread Tools Search this Thread
Old Nov 4, 2012, 10:22am   #571
Joined Dec 2009
Re: GBP JPY long

Leia started this thread
Quote:
Originally Posted by Leia View Post
Pound Yen set up very similar to cable in the post above
Order to enter long placed @ 127.80, with stop at 126.90 (risk -90pips)
target 1 128.70 (R1, +90pips), if seen stops to breakeven on remaining two parts
target 2 129 60 (+180, R=2) @ previous daily swing high
target 3 trailing stop behind 4 hour swing lows
Order removed as T2 reached without retrace to order placement level
Leia is offline   Reply With Quote
Old Nov 6, 2012, 11:16am   #572
Joined Dec 2009
EUR JPY long

Leia started this thread daily trend indicators are long (4 hour have just crossed to short)
price has retraced into the 61.8/50% level of the previous up move and found support at both horizontal level and diagonal (daily time frame)
combination of the last two 4 hour candles indicate rejection of lower prices at this time
Order entry long at 102.75, with a stop at 102.15 (risk -70pips) with three target levels
T1. R1 = +70pips = 103.35
T2. prev daily Hi = 104.50 (+175pips, R=2.5)
T3. trailing stop behind 4 hour swing lows

as always, should the order be triggered and price move to T1, the stop on the other two pars will be moved to breakeven
Attached Thumbnails
eur-jpy-daily-long.gif   eur-jpy-4h-long.gif  
Leia is offline   Reply With Quote
Old Nov 7, 2012, 8:42am   #573
Joined Dec 2009
Re: EUR JPY long

Leia started this thread [QUOTE=Leia;2007864]
Order entry long at 102.75, with a stop at 102.15 (risk -70pips) with three target levels
T1. R1 = +70pips = 103.35
T2. prev daily Hi = 104.50 (+175pips, R=2.5)
T3. trailing stop behind 4 hour swing lows
/QUOTE]
R1 (+60pips) @ 103.35 achieved, stops moved to breakeven on remaining two parts
Attached Thumbnails
eur-jpy-4h-long-t1.gif  
Leia is offline   Reply With Quote
Old Nov 7, 2012, 12:58pm   #574
Joined Dec 2009
Re: EUR JPY long

Leia started this thread
Quote:
Originally Posted by Leia View Post
R1 (+60pips) @ 103.35 achieved, stops moved to breakeven on remaining two parts
stops hit for NIL on second two positions
Attached Thumbnails
eur-jpy-4h-long-stop-hit.gif  
Leia is offline   Reply With Quote
Old Nov 9, 2012, 8:20am   #575
Joined Dec 2009
CAD CHF short

Leia started this thread daily indicators are short
price has retraced just over 61.8% of the previous down move on the daily time frame and printed a candle 'price action' formation indicating rejection of higher prices at this time (the 4 hour chart indicators however are long)

I have placed an order short @ .94 65, stop .95 40 (risk-75pips) with the usual targets
T1 @R1 +75pips = .93 90
T2 @prev Daily swing low = .92 70 (+195 pips R=2)
part 3 I will trial my stop
Attached Thumbnails
cad-chf-d-short.gif  
Leia is offline   Reply With Quote
Old Nov 9, 2012, 8:26am   #576
Joined Dec 2009
EUR NZD short 4H trigger

Leia started this thread My daily and 4 hour time frame indicators are short
Price has retraced back into the previous 4h down swing and provided an inside bar type candle formation which I am basing this trade order on
short @ 1.56 20,stop 1.56 90 (risk-70pips)
T1 @R1 = 1.55 50 (+70pips)
T2 @ pre daily swing low 1.54 00 (+220pips) R=3
T3 trailing stop
Attached Thumbnails
eur-nzd-d-short.gif   eur-nzd-4h-trigger-short.gif  
Leia is offline   Reply With Quote
Old Nov 11, 2012, 2:40pm   #577
Joined Dec 2009
Re: watch list for week commencing November 5th

Leia started this thread Virtually all of these pairs have reversed during the week, providing no trade set up opportunities with the exception of EUR JPY (post #574 = break even after T1 hit) and GBP JPY, which hit target 1 prior to retracing to my order entry level (post # 573)
Quote:
Originally Posted by Leia View Post
from 5 last week (one of which worked out, but I failed to execute) to 16 to watch for trigger price action signals this week:
short GOLD need a 4 hour swing low
reversal
short SILVER need 4h sw lo
reversal
long GBP USD 1.60 60 (1.60 00) 1.61 20, 1.61 70, 1.63 00
reversal
long USD JPY 80.00 (79.80) 80.20, 80.60, 81.60
reversal
long USD CAD .99 80 (.99 20) 1.00 40, 1.2 25
reversal
long NZD USD .82 30 (.82 10) .82 50, .82 85, .83 50
reversal
long EUR JPY 103.00 (102.10) 103.90, 104.50, 107.90
long GBP JPY 159.60 (159.20) 160.00, 161.75, 162.10
short GBP NZD need a 4h swing low
reversal
long CAD JPY 80.15 (79.70) 80.60, 81.10, 81.70
reversal
long AUD JPY 83.00 (82.70) 83.30, 83.80, 84.70
reversal
long GBP JPY 128.30 (127.80) 128.80, 131.70
reversal
long NZD JPY 65.80 (64.90) 66.70, 67.50, 69.00
reversal
long NZD CAD 81.90 ( 81.50) 82.30, 82.70
reversal
long AUD CAD 103.00 ( 102.60) 103.40, 104.30
reversal
short NZD AUD need 4 hour swing low
Leia is offline   Reply With Quote
Old Nov 11, 2012, 2:49pm   #578
Joined Dec 2009
watch list for week commencing November 12th

Leia started this thread 13 pairs on the list for this week, some are mid move on the 4 hour time-frame, making assessment of levels impossible at this point in time
short GBP USD need a swing low to print on 4 hour time-frame
long USD CHF need sw hi
short EUR USD need sw lo
long USD CAD need sw hi
long USD JPY (daily time-frame only) 79 30 ( 79 05) 79 55, 80 , 80 60
long AUD USD 1.03. 0 (1.03 00) 1.03 60, 1.04 70
short EUR NZD (in trade) see post # 576
short EUR AUD 1.23 60 (1.24 00) 1.23 20 (low stake as at daily support level)
short GBP CAD 1.54 10 (1.55 00) 1.53 20, 1.52 70
long AUD CAD 1.03 70 (1.03 30) 1.04 10, 1.05 00
long NZD CHF 77 00 (76 60) 77 40, 78 00 / 80 00
long AUD CHF 97 60 (.97 00) .98 40, 1.01 00
long AUD ZND 1.26 40 (1.25 80) 1.27 00, 1.2900
Leia is offline   Reply With Quote
Old Nov 16, 2012, 4:49pm   #579
Joined Dec 2009
Re: CAD CHF short

Leia started this thread
Quote:
Originally Posted by Leia View Post
I have placed an order short @ .94 65, stop .95 40 (risk-75pips) with the usual targets
T1 @R1 +75pips = .93 90
T2 @prev Daily swing low = .92 70 (+195 pips R=2)
part 3 I will trial my stop
Order opened and T1 achieved. stops moved to Break Even level and taken out
Attached Thumbnails
cad-chf-t1-rest-stop-.gif  
Leia is offline   Reply With Quote
Old Nov 16, 2012, 4:52pm   #580
Joined Dec 2009
Re: EUR NZD short 4H trigger

Leia started this thread
Quote:
Originally Posted by Leia View Post
short @ 1.56 20,stop 1.56 90 (risk-70pips)
T1 @R1 = 1.55 50 (+70pips)
T2 @ pre daily swing low 1.54 00 (+220pips) R=3
T3 trailing stop
Order opened and T1 achieved. stops moved to Break Even level and taken out
Attached Thumbnails
eur-nzd-t1-rest-stop-.gif  
Leia is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Similar Threads
Thread Thread Starter Forum Replies Last Post
Proof of consistency trading forex epic767 Forex 7 Jan 25, 2008 10:18pm
Question 3: Moderation fairness and Consistency barjon T2W Feedback & Announcements 27 Nov 29, 2005 12:46am

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)