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- VEEFX replied Sep 21, 2010
Good catch MK. The one in the screenshot was just a practice trade as I am not familiar with MT4 platform so closed it pretty soon. Here are my latest 2 open positions
Building an equity millipede
- VEEFX replied Sep 21, 2010
and finally H1 Chart... stacking will continue in short direction
Building an equity millipede
- VEEFX replied Sep 21, 2010
Moved Trade #1 to BE and opened second position on M5 PA
Building an equity millipede
- VEEFX replied Sep 21, 2010
I am deleting my pending 2nd trade. my anticipation is still short based on stop hunting during pre-london open
Building an equity millipede
- VEEFX replied Sep 21, 2010
1st Trade: still open and closely monitoring 2nd Trade: Placed Limit Buy order at 1.7988 SL @ 1.7968 TP @1.8068
Building an equity millipede
- VEEFX replied Sep 21, 2010
eurchf, gbpnzd, gbpcad, gbpusd and gbpjpy seem to be the closest to 200ema
Building an equity millipede
- VEEFX replied Sep 21, 2010
Hi Graeme, Great feedback on my trades. Please keep them coming as I (and hopefully for our readers also) am learning a great deal. I need all the criticism I could get to improvise on my entries. Forgot to mention this... apart from strong purple ...
Building an equity millipede
- VEEFX replied Sep 21, 2010
Words of Wisdom Graeme... including this in my trading plan as well as on a postIt on my screen... If Im looking for sell then I want to see price close below the open of previous up candle Thanks for your comments.
Building an equity millipede
- VEEFX replied Sep 21, 2010
Thanks Graeme. Appreciate your feedback. My thought process at entry time to share with the readers. Perhaps, I placed a little more emphasis on resistance line during my entry
Building an equity millipede
- VEEFX replied Sep 21, 2010
First Trade based on 200ema — Here's my first trade for the day: image Position Details: image Hope this helps. SL set to 20pips+spread and TP set to 80pips as per our R:R rules. H4 level image to give a bird's eye view: EDIT: just to ...
Building an equity millipede
- VEEFX replied Sep 20, 2010
Graeme confirmed I should post my entries with charts as and when I take them.. so expect a chart in the next 10 mins. My apologies for the delay.
Building an equity millipede
- VEEFX replied Sep 20, 2010
No problem Tradestar. I just got lucky to be at the right place at the right moment. This is absolutely going to be an equal opportunity learning event for everyone. p.s. For those following eurnzd, I did my first short trade at the puruple ...
Building an equity millipede
- VEEFX replied Sep 20, 2010
I am back at my desk with a fresh pot of coffee :- Just peeked at eurnzd... it broke trendline/pennant upwards and stalled towards the purple resistance line I drew in my interpretation. Unfortunately, no trade foe me as I was away. Currently, ...
Building an equity millipede
- VEEFX replied Sep 20, 2010
Thanks Graeme. See you all back in a couple of hours.
Building an equity millipede
- VEEFX replied Sep 20, 2010
Perhaps it is more accurate to say the upper trend line just broke on H1 timeframe. Extending the upper red trendline touches about 7 H1 wicks indicating strong break out upward (which is just what happened moments ago) I would go long with a very ...
Building an equity millipede
- VEEFX replied Sep 20, 2010
eurnzd pair has been ranging for past 4 days within a 110 pip range. top range is 7987 and bottom range is 7877. It has closed on the bottom range on past 4 H1 candles indicating strong support. Unfortunately there is only 48 pips room to go south ...
Building an equity millipede
- VEEFX replied Sep 20, 2010
Sure Graeme. would you like me to post my trades/interpretation as and when I take it or only after the fact? I scanned all my pairs and only EURNZD has pierced 200 ema.
Building an equity millipede
- VEEFX replied Sep 20, 2010
Good idea Graeme. IM would be much more interactive and productive. I am already on gmail email/chat if you are planning on opening a new account.
Building an equity millipede