B
Black Swan
hope this works out marvelously for you Swan:cheesy::cheesy:
I see what you did there..
hope this works out marvelously for you Swan:cheesy::cheesy:
I was in well before the spike, euro broke out of strong resistance yesterday, and I'm holding it for a swing trade up to 4200 ( hopefully ), so at one point I was up 100 pips. still holding.
I see what you did there..
I don't really look at fundys, but maybe I should start, we are trading strengths/weaknesses of economies and perceptions of those strengths/weaknesses after all.I was surprised to see such a violent movement, given it was odds on rates would be kept at 1%, Trichet's comments were paramount..
I don't really look at fundys, but maybe I should start, we are trading strengths/weaknesses of economies and perceptions of those strengths/weaknesses after all.
Lol, a big engulfing bar at extremes is an A+ setup for me. Sad thing is I didn't even notice it. I was to busy looking at euro pairs because of that big spike. When you called the swissy swing I took a look and viola, great setup for me. Hope you don't mind me piggy-backing on your call like that:innocent:
Your call, your method nowt to do with me..fwiw I took a few other new swings today..
gbp/chf long, filled at 15135 stop 15027 (yesterdays low)
aus/usd short, filled at 10135 stop 10188 (todays high)
I don't follow sterling/swiss simply because I'm trying to limit pairs I look at so I don't overwhelm my brain
However it's good to know that you went short on aus/usd, I have signed up for Phil's website ( not the live room ) and I'm looking at using his swing strategy on higher timeframes. Specifically daily entry into the monthly timeframe. Today's particular bar is a bar that you would base direction on. Price falls below, go short, above go long.
I won't be taking it though because right now the swissy and euro positions have about 20% of my account at risk.
Just nice to know that I may be getting a method down, I'm working on the mind part, and someday maybe the money.
nzd/usd long 7440 sl 7410
gbp/aud short 16060 sl 16120
removed half profits on eur/usd long from "13867" @13932 for ~65pips . Stop now to BE. still looking for 14000ish
swissy -> engulfing candleCan't recall what thread it was on earlier in the week where we discussued straying even slightly outside your plan and getting smashed..well that Aussie trade was outside my plan, it met conditions on 1hr Tf but not on the 2hr tf..but *happy* (ish) to take it given the stop could be (according to my rules) quite narrow, it's looking a touch sick atm but leaving stop where it is...we'll see when down under/Asia opens..
Been short nzd/usd for a few days too, been a good week thus far...
swissy -> engulfing candle
gbp/chf -> engulfing candle
nzd/usd -> engulfing candle
I definately need to keep a better eye out for those candles.
I use HA..
Our traders today construct intraday trades around Fx sentiment strong:nzd,aud,eur. weak chf, yen,gbp and usd. sideways to weak cad
e/u long 3875 stop 3790 1/2 position. I'm looking for 4200.....
I've seen heiken ashi (sp?) what's the advantage?
Can't on my current trading station. They give me set options for indicators...I'm on a different pc atm, have a good link explaining the advantages on another I'll dig it out next time I'm on here..but why not change them now and see what you think..? imho on 1hr/2hr/4hr TFs they're a dream..
Can't on my current trading station. They give me set options for indicators...
edit: they do actually. lemme play with it and I'll let you know what I think.