Search | Crypto Craft
  • Search Crypto Craft
Posts by Trader
Website
Forum Posts
News Posts
Posts by Trader
    Advanced Search Options
    Post Types (all, none)
    Websites (all, none)
    Post Attachments (all, none)
    Sort Results By
    Date Range
    Back to Basic Search
    • Zuke replied Jan 13, 2011

      I took the same trade and have been stopped out for -40. Direction of TMA was parallel when I took the trade and any currency that can withstand such horrendous jobs numbers as the Aussie did earlier this morning is beyond the norms of the market. ...

      Nb 1.0 trend trade system
    • Zuke replied Jan 13, 2011

      Good points well made. I use fractals to determine my stops and prefer to give the trade room rather than re-enter. Regarding targets, what unsaid was that Current TP1 is ... What that means is that I will start to scale out at the opposite band of ...

      Nb 1.0 trend trade system
    • Zuke replied Jan 12, 2011

      Same short as me...I was filled at 9945...SL is 9985; Current TP1 Target is 9855 HOWEVER...be careful with it because price is between the Daily Trend (Magenta Line on my chart) and Weekly Trend (240 SMA). Ideally you would want price to be below ...

      Nb 1.0 trend trade system
    • Zuke replied Jan 12, 2011

      It means that it was expected that 25k jobs would have been added last month but instead only 2.3k were added (i.e. 90% LESS than was expected) that's why the news was bad. However, the Aussie seems to have recovered and is up near 9950, so maybe ...

      AUD/USD
    • Zuke replied Jan 12, 2011

      I also forgot to add that there are some fundamental data points on this particular pair: 1. very poor job adverts numbers last night 2. poor retail sales number last night 3. terrible floods that threaten to wipe 1% of Australia's GDP Im not a ...

      Nb 1.0 trend trade system
    • Zuke replied Jan 12, 2011

      Sure. Here was my rationale: 1. Price is below 240 MA = DT 2. Mid line of TMA is below 240 MA = DT 3. Given that we have a downtrend, I am looking for a retracement to the upper (red) band of the TMA. This occurs at 0.9930. 4. In Bob's strict rules, ...

      Nb 1.0 trend trade system
    • Zuke replied Jan 12, 2011

      Well...this went against me while I slept and is currently -18 (inc spread). In addition, I see a better area for short at around 1.3035. In theory I could add to my (losing) position in that area, but (lesson for noobs here) averaging up/down is ...

      Nb 1.0 trend trade system
    • Zuke replied Jan 11, 2011

      Yeah, but you know the saying "It's always better to be out of the market wishing you were in than in the market wishing you were out"

      AUD/USD
    • Zuke replied Jan 11, 2011

      OK...now I have it. Signal generated at 1.30. As well as it hitting the 48 SMA (in orange on chart), this is also the 1.30 pysch level that was previously strong support. If this turns to res then we have a very good chance of a strong move back ...

      Nb 1.0 trend trade system
    • Zuke replied Jan 11, 2011

      ...Yeah, I agree. I think off the bacl of the home loans data there might be some upwards movement, but it has to conquer minor res at 9857 and then stronger res at 9880. Cant see that happening, so just letting it drift upwards and waiting for my ...

      AUD/USD