Recent content by Reas

Hi all, T_D i'm still alive, but lately have been looking at the fib trading thread from skunny over at FF. Allthough it is a very good thread, i should have kept concentrating on the pinbars, for me they are more profitable :) So back to bussines and making some money again. grtz, Reas

Hi C T, You are absolutly right, i wrote the following in a PM to someone who asked me about this pin. "It was not according the rules teached by TD. I saw the price consolidating for some time, forming a resistance level at around 0.7414 Then i saw this pin piercing trough this resistance...

Hey T_D, I got another example. I entered on the break of the pin, see red arrow on the chart. It came into profit a little but then reversed all the way back to the bottom of the pin. It happens very often that the price first reverses a bit before it goes in the anticipated direction. I try...

Hi TraderGreg, Very nice trade, you have mentioned the right reasons to enter, although i probably wouldn't have taken it if i saw it the way you did. Reason is because it was above the S/R pivot and also above Fib on your chart There is a big chance of it to bounce back from S/R and so the R:R...

Because you taught us well master Dante ;) I'm in this one too, it is going to be the best trade i ever made, in turms of profit.

Kids without a voice for the first couple off years would be nice... On topic: I think i would do some trading but no more intensive daytrading

TD, congratulations!:clap: I hope you don't mind me asking, but what is the benefit of trading for a company when you can trade profitable for yourself? financial security? I think i don't understand what a fully backed local means..

Good advice Shadowninja thanks! I didn't enter anymore, and when i look at GBPCHF now i'm glad i didn't :) Some strange are happening there, it looks like the price is rejecting from both sides. There's a battle beeing fought between the bulls and the bears, and i don't want to be in the line of...

Hi Omni thanks for your comment, I'm using TD's method to enter the trade, enter one pip below/above the pin and stop also one pip above/below the pin. So far it has worked fine, so i'm not going to change that because of a few bad trades, but thanks anyway for the suggestion. The good thing is...

Thanks TD, I'm now stopped out for the second time this morning:frown: A third pin formed, this one looks even better, but now i'm not sure if i would like to risk more then i allready did today, i think i'm gonna let this cross go for today. Looks like the trend is -in contrast of what the...

Hi Bansir, thanks for your comment. Yes i saw some confluence, in the form off a pivot and a trendline (blue line on my chart not very vissible) also the 68 fib retracement isn't far away, i'll attach another more zoomed out chart. I allready entered on this second pin, and agree with you it's...

Gbpchf I saw an interesting pin on the hourly GBPCHF, wich i took but got stopped out on the left eye. Now this left eye is developing into a second pin, what should i do? I think i am gonna take it a second time, afterall the first pin was reason to enter for me, so why should this second one...

Gbpusd I closed the GBPUSD trade, it was a very good trade of more than 400 pips. I thought i saw a new higher bottom this last hour, that's why i got out. good trading all Reas Edit: Ho stop!! it was more than 300 pips, 323 to be exact. Sorry for the big mistake..:o

Gbpusd Moved my stop in GBPUSD to just above last hours bar. Edit: 01:09 PM moved stop again to 2.03 Edit: 10:01 PM moved stop again to 2.0222 This trade is going very well, but i don't think it is very usefull to post al the actions i do (move of the stop). You can see how i'm handling the...

Ok TD that's fine isn't it? at least it isn't a loss. I'm still in with my stop at BE, but now i'm gonna move my stop till above the double high bars at 2.0452 Reas