Forex trading live calls and set ups

[wackypete2]

exit eurusd 1.4517 -10

 

[15 min tlb]

Long euro usd 1.4520 stop 20

 

[wackypete2]

short usdjpy 82.53 stop 82.65

 

[wackypete2]

considering shorting eurusd again if it breaks under 1.4500

 

[wackypete2]

short eurusd 1.4499 stop 1.4512

 

[wackypete2]

exit usdjpy 82.43 +10

Peter

 

[wackypete2]

exit eurusd 1.4492 +7

getting out while I'm ahead. US lunch hour almost over. I'll wait to see if we get another move.

Peter

 

[wackypete2]

they usdjpy was a good short. Probably should have exit 1/2 position, but lately I've been getting whipsawed on the 2nd half of my trades.

Peter

 

[15 min tlb]

Long euro usd 1.4520 stop 20

-40

=net + 40 on normal trading

20/12 club =12 -20-20= -28

 

[wackypete2]

-40

=net + 40 on normal trading

20/12 club =12 -20-20= -28

I hope you don't mind my commenting...
I realize there's only a few trades to judge but it looks like both the -20's would have been -30's if you used 30/12. You could very quickly dig yourself into a hole with that.

Your regular trading appears to be doing well, so why would you bother with this method?

Peter

 

[15 min tlb]

I hope you don't mind my commenting...
I realize there's only a few trades to judge but it looks like both the -20's would have been -30's if you used 30/12. You could very quickly dig yourself into a hole with that.

Your regular trading appears to be doing well, so why would you bother with this method?

Peter

Every possible method has to be tried and tested .The strong trend has come to an end , but there were a dozen profitable opportunities during this trend.I am looking for a method get 12 pips regularly , about 100 pips per week.

I have another method for choppy markets , go long and short the same instrument , always close the trade against the direction of the trend , if it comes into profit, kinda like buying with the trend.It works in trending and choppy markets.

 

[15 min tlb]

Long e usd 1.3335

 

[be-positive]

goodmorning ------- not much going on in here to day

 

[15 min tlb]

long e usd 1.3335

-40

 

[wackypete2]

short eurjpy 120.09 stop 120.25

 

[wackypete2]

Chart I'm currently looking at. 15m eurjpy

 

[wackypete2]

exit 119.94 +15

 

[15 min tlb]

goodmorning ------- not much going on in here to day

There is plenty of action going on , but not everything is posted here.

What are you looking for before entry?Is it 1 min charts /5 min charts ?What do you look for for 12 pip stops?

 

[wackypete2]

looking at a long on eurjpy around 119.80 area. See my chart above. Price is tapping on the lower support line.

Peter

 

[wackypete2]

We have 2 consecutive 15m pinbars. Both hit the lower support line right to the pip.

Entering BUY STOP order eurjpy @ 119.88 I'll post when it fills.

Peter