- Search Forex Factory
- understandFX replied May 27, 2014
Third trade USDJPY sell touch of 10 EMA image EDIT SL hit
- understandFX replied May 27, 2014
Second trade CADJPY buy touch of 35 and strong support level 1H chart image EDIT SL moved to BE image EDIT closed at BE
- understandFX replied May 27, 2014
First trade EURAUD sell bounce of 35/50 MAs and RN, late entry image EDIT SL moved to BE image EDIT TP hit +22pips image
- understandFX replied May 26, 2014
No you did not, but you are not obliged to answer all my questions if you don't like - Pairs doesn't matter (I think time frames too in this case)- I just asked about if am I right with spotting right touch patterns - USDCHF chart - if you have a ...
- understandFX replied May 26, 2014
Thanks for reply My plan is to trade on 15M charts but as today's market is quiet I had a look at 1H just for practice (not for trading) and to test if my studying manual and this thread over weekend has any positive outcome. EU at the point of ...
- understandFX replied May 26, 2014
Hi guys, can you share your opinion on the setups below. Would it be valid entries? I am not trading them just took screenshots and want to know your opinion. All three are on 1H timeframe. image image image
- understandFX replied May 26, 2014
I read it again over the weekend. You definitely need to re-read manual several times
- understandFX replied May 23, 2014
One trade today -7 pips. I'll go back to study manual before Monday. Have a nice weekend
- understandFX replied May 23, 2014
I did enter at the close of bar before doji formed but at the end it did not make any difference.
- understandFX replied May 23, 2014
First trade EURJPY sell, SL7/TP15 touch od 10 EMA image EDIT stopped at -7 pips image
- understandFX replied May 22, 2014
So less is more 30-50 orders vs 1-3 you need more discipline to be patient enough. I am going to improve my skills that's why I am posting there all my trades good and bad ones.
- understandFX replied May 22, 2014
End of trading for today -7 BE(+2) -7 -7 my skills are not good enough
- understandFX replied May 22, 2014
When I find a way to predict bad days I will share this secret with you Great to know you are producing green pips consistently.
- understandFX replied May 22, 2014
Your answer clarify this entry. Thanks My target on cable - I was too optimistic, should grab +15 pips and run away but GREED!!! clouded my decision...
- understandFX replied May 22, 2014
Fourth trade USDCHF sell, SL7/TP22 touch of 10 EMA and 35 SMA 1H (light grey line) angle of 10 EMA looks good image EDIT SL hit -7 pips image
- understandFX replied May 22, 2014
Third trade EURJPY buy, Sl7/TP23 bounce of 10 and RN (confluence), entered at close of pin, 35/50 MAs angle look OK image EDIT SL -7 hit image
- understandFX replied May 22, 2014
I think I messed up my comment. I mentioned this light grey MA as a trend confirmation rather than touch point. And yes I see my other MAs were too flat. Thanks
- understandFX replied May 22, 2014
But what about MAs from 1h timeframe? Light grey MA on chart is 1H 35SMA and angle of this MA looks ok for me. Just asking Beside of MAs steepness is it valid bounce trade entry (engulfing bar on MA)???
- understandFX replied May 22, 2014
Hi Sesamstrasse thank you for all comments. Can you make comments about your yesterdays trade? You describe this as classic first touch and it looks like first touch no doubt but what about 1-2 bar rule? I am not going to criticize in any way but ...