Forex trading live calls and set ups

[Lord Flasheart]

:cheesy:

Indeed if I had taken the long I would have been stopped out.

I suppose I just processed the data on the chart faster then I could put together a rational explanation.

I must have seen price drive up to just above the asian session high and then reverse a hundred times by now.

The cloud did seem to do its job though as that was what I was paying most attention to when I made the decision.

yep in my ill disciplined days i used to know i was going to lose by pattern recognition, my gut was right but my mind wouldnt get out of a losing trade, so id just sit there and hope it would change

 

[pocrel]

short aud/usd here 9927 stop 9950

 

[Lord Flasheart]

so were all short bar 1

 

[LiamH]

:cheesy:

Indeed if I had taken the long I would have been stopped out.

I suppose I just processed the data on the chart faster then I could put together a rational explanation.

I must have seen price drive up to just above the asian session high and then reverse a hundred times by now.

The cloud did seem to do its job though as that was what I was paying most attention to when I made the decision.

Vaco, forgive my laziness here - I have had a quick look but how does that ichimoku cloud work? It's intrigued me since old 4xpipcounter was waffling about it... I'm sure he said price always returns to the cloud - Is that right? Or does the cloud work as supp\res?

 

[pocrel]

short aud/usd here 9927 stop 9950

out for +17

 

[Lord Flasheart]

out for +17

great trade, why get out when its just appears to be continuing down

 

[redart]

stopped -18

statistics worked. I mentioned the other day that my stats said that i am due a pullback in my equity and trading results have been a little worse since that post! Was tempted to take all trades at half stakes in the expectation of quite a few losses....
I wonder if people take such information into account with their trades..??.... its interesting

 

[Lord Flasheart]

short eur/usd at 1.3322 s/l 21

im maxed out 100 pips at risk on these two trades

first 1/2 off at +20

 

[pocrel]

great trade, why get out when its just appears to be continuing down

my target was 9904

but i was in a dax trade aswell which was long and i guess sometimes when your in a couple of trades you run a bit early with profits well i do anyway

also if currencies are going down and i am long an index then you find a bit of correlation and thaat was happening as i was trading both
the aud and the dax so just 5closed the dax positon for nothing and took the profit off the aud

 

[Lord Flasheart]

stopped -18

statistics worked. I mentioned the other day that my stats said that i am due a pullback in my equity and trading results have been a little worse since that post! Was tempted to take all trades at half stakes in the expectation of quite a few losses....
I wonder if people take such information into account with their trades..??.... its interesting

-18 pips cant be a bad curve,stop thinking like that,its possible to go on and on and on. Ive seen 18 reds come in at a casino before,so id be delighted for 18 redart winners. Also red 7 came in 4 times at a casino in bristol, statistically thats impossible

 

[pocrel]

out for +17

here is my chart from the aud/usd

missed the first entry from the break of the pin, so was able to get in at a better price, sometimes you get a retrace of half the pin bar like this

pin needs to be off a pivot or s1 point, also with the trend here and ride it down to s2 if you can or fail like i did

 

[trendie]

.....
Also red 7 came in 4 times at a casino in bristol, statistically thats impossible

it's statistically "unlikely", not impossible!
over a large enough data sample, it's "inevitable".

on a 37-point wheel, its simply (37x37x37x37).

 

[Vaco]

Vaco, forgive my laziness here - I have had a quick look but how does that ichimoku cloud work? It's intrigued me since old 4xpipcounter was waffling about it... I'm sure he said price always returns to the cloud - Is that right? Or does the cloud work as supp\res?

The cloud represents layers of support/resistance

There are a few strategies based around the indicator, the main one been a breakout once price has breached through the other side of the cloud.

As for attaching images, you need click on go advanced when replying then click on manage attachments.

 

[Lord Flasheart]

it's statistically "unlikely", not impossible!
over a large enough data sample, it's "inevitable".

on a 37-point wheel, its simply (37x37x37x37).

yes so based on that theres no reason why redart cant have 30 winnersb on the trot,or old ma for that reason

 

[Trade rat]

AUD/USD

Hitting the important 1000 level later in the European session before backing off as anticipated. Currently 9927 with space to 9870 on the daily study. Would be looking at reversing any short term shorts around there. Hourly showing downtrend still in tact and currently 9945 area as resistance with further at 9980.
If I knew how to post charts or do anything efficiantly on this site i would...I had AUD short to 9870 area where I would consider reversing on daily upward trend line. Starting to post newsletter on www.fxdinosaur.co.uk. but will try to get it available here as well....but have to speak to tech people.

 

[Black Swan]

"However, if I was swinging I'd have gone short yesterday and still be in it given It would have gone to a second level of confirmation this morning"

Blackswan
That's what I like to hear. Any good excuses of not swing trade until after Xmas?

Nothing technical just the amount of time I can dedicate towards trading etc. will diminish once my kids are off school and I don't want to be doing shopping/or out with them for the day and taking a look at my HTC every 5 minutes...

I'll trade right up until Xmas Eve, but will probably slow down, only trading the Euro from Tues next week..

 

[Lord Flasheart]

here is my chart from the aud/usd

missed the first entry from the break of the pin, so was able to get in at a better price, sometimes you get a retrace of half the pin bar like this

pin needs to be off a pivot or s1 point, also with the trend here and ride it down to s2 if you can or fail like i did

View attachment 97908

great to have someone tarding pins on the thread

 

[pocrel]

great to have someone tarding pins on the thread

i dont just rade pins, i have a few bar fromations that i will try to show as we go

but that pin bar is all you really need when you get it in the right area

 

[JER08]

I don't want to be doing shopping/or out with them for the day and taking a look at my HTC every 5 minutes...

Thought you were talking about me, understood and good luck with your trading.(although I know you rely more on skills than luck)

 

[Lord Flasheart]

first 1/2 off at +20

2nd 1/2 off at +35

did this as i am still short ej and will leavr this to carry old mas flag