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- islandtrader replied Jul 3, 2008
eur/usd 1min — the 1min eur/usd gave a beautiful ellipse pullback, I went for 10 pips. Next time I might try taking half at 10 and let the other half run. short 1.5805, t/p 1.5795 +10pips That was my plan today, waiting for NFP and to try to ...
5Min Intraday System
- islandtrader replied Jul 2, 2008
well done, eTrader *edit: sorry, I thought it might sound sarcastic. Any way the trade is managed to minimize losses, is a good way to exit. I used to let the trades hit my full stop loss all the time, and it didn't work out in the end, now I might ...
4 Hour Strategy (MACD)
- islandtrader replied Jul 1, 2008
eu — I agree luckytiger, also we have this trend line from April 23 to June 9 and yesterdays pinbar right there...
4 Hour Strategy (MACD)
- islandtrader replied Jul 1, 2008
I agree, I closed the trade at +7 after price stalled at pivot and showing some reaction, not good behavior from my side I think as it may throw me off good trades in future maybe....
4 Hour Strategy (MACD)
- islandtrader replied Jul 1, 2008
eu — looks like a legitimate 8 o'clock BOZ forming, also bounce from 21ema. Any objections?
4 Hour Strategy (MACD)
- islandtrader replied Jun 30, 2008
e/u — some of us on skype discussed and took that trade, I must admit that I first was reluctant because of the large tails before the power bar and the pivot just below the recent closes.... but the power bar and the TC spoke a clear ...
5Min Intraday System
- islandtrader replied Jun 30, 2008
unfortunately MT4 doesn't have that feature, you might conturn this restriction by using another MT4 broker
5Min Intraday System
- islandtrader replied Jun 30, 2008
e/u — TC just above channel high and 1.5800 level and no real pullback. Looks too risky to me.
4 Hour Strategy (MACD)
- islandtrader replied Jun 30, 2008
a loss.... — eur/jpy price rose immediately after entry.... due to news at 9am GMT, (EUR CPI), which I was aware of, but somehow thought I was pretty safe due to great looking setup....
5Min Intraday System
- islandtrader replied Jun 27, 2008
Skype chat — Hi guys, I'm currently using the Philip Nel's 5min strategy chat on SKYPE, which is very focused and great help. (many thanks to Golfer!) Not sure if there's demand for a similar chat for the 4h strategy since many attempts seem ...
4 Hour Strategy (MACD)
- islandtrader replied Jun 26, 2008
my trades for today, first eu at 10:50gmt, second gu at 10:57gmt. Didn't want to take more setups afterwards.
5Min Intraday System
- islandtrader replied Jun 25, 2008
ADX — thanks eyevoltage, I'm aware of it that everybody sees the ADX from different angles, and since I'm not used to ADX signals, watching others using it is very helpful. Thanks a lot, I like your interpretation very much, will be on the ...
5Min Intraday System
- islandtrader replied Jun 25, 2008
ADX — eyevoltage, how should your ADX have looked like for you to enter that trade? a higher -DI? Redards,
5Min Intraday System
- islandtrader replied Jun 24, 2008
e/u — here my trade on e/u for today: Edit: sorry, this was gbp/usd of course
5Min Intraday System
- islandtrader replied Jun 23, 2008
e/u — Thanks Golfer for your encouragement. Another trade I did (same as Old Dogs 3rd trade) but I missed the entry after the power bar and got in 1.5519 (5 pips late). Usually I don't chase entries, and I managed the trade badly imo. S1 line ...
5Min Intraday System
- islandtrader replied Jun 23, 2008
e/u — a setup we discussed and traded on Skype with MxPips and Bil2205, very nice. BE I was happy to take after 1hour, price retraced up from +5 pips in the end, I didn't want to take further risk. Edit: only now I notice the 3 sisters... ...
5Min Intraday System
- islandtrader replied Jun 23, 2008
e/u — Short 1.5519, -10pips reasons for entry: 1. reversed church pattern, building in warzone. 2. smooth MACD pattern. 3. small resistance line above. reasons not to enter: 1. 4h chart shows how price touched two intersecting trend lines and ...
5Min Intraday System
- islandtrader replied Jun 19, 2008
e/u — I also took a careful position for the breakout at 1.5536, t/p on first half at 1.5563 (+27) and letting the second half run. edit: 7:52 gmt: 2nd half stopped out at BE. Total pips +13.5 Managing the trade on 5min chart I could have ...
4 Hour Strategy (MACD)