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- 29 Results (2 Threads, 27 Replies)
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Dr. Krieger replied Feb 6, 2014I'm out of this trade (EUR/JPY). Look at the price action: The price formed a flag and shot upwards after the breakout. Look at the blue lines. Textbook breakout, but as a newbie I did not see it until it was too late! Screw you market, I'm getting ...
Price Action with Indicators! ~The Freebie Newbie BOLOSO System~
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Dr. Krieger replied Feb 6, 2014New trade. The Reward:Risk is less than 1. This would freak many people out. url Remember, Value = % Odds for x Reward = % Odd against x Loss Since this is a high probability trade, it doesn't really matter. I might be wrong (it might not be a ...
Price Action with Indicators! ~The Freebie Newbie BOLOSO System~
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Dr. Krieger replied Feb 6, 2014GBP/AUD: I'm going to bed now, and it's up 63 pips now. When will I get my full 104 pips?! This trade's been on for two nights now! Update: Trade completed at 104pips! Nice!
Price Action with Indicators! ~The Freebie Newbie BOLOSO System~
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Dr. Krieger replied Feb 6, 2014Still waiting for the EURJPY to trigger. 2 Dojis have been formed (the very last 2 candles, one of them is actually a hammer I think. I need to study the candle stick patterns again). I checked and the volume was high. So I'm expecting a breakout ...
Price Action with Indicators! ~The Freebie Newbie BOLOSO System~
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Dr. Krieger replied Feb 5, 2014The GBP/AUD is now +66 pips. I closed of 20% of the order and locked some pips. The SL is now moved to the Sell price, so if things turn sour I can get out with a small profit. (No such thing as small profit.) I hope someone else is active in this ...
Price Action with Indicators! ~The Freebie Newbie BOLOSO System~
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Dr. Krieger replied Feb 5, 2014I am still in the GBP/AUD trade. It's currently down 67 pips. The price seems to have formed a box in which it's ranging. It's definitely not trending. (withing the m15 timeframe) I hope that price continues with the trend: downwards, after the ...
Price Action with Indicators! ~The Freebie Newbie BOLOSO System~
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Dr. Krieger replied Feb 4, 2014Here's another trade I'm taking, though it only loosely conforms to the newbie BOLOSO system. I'm hoping if the price breaks the yellow line it'll go through to my TP.
Price Action with Indicators! ~The Freebie Newbie BOLOSO System~
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Dr. Krieger replied Feb 4, 2014Currently in the GBP/AUD. I'll let you know how it turns out. Note: The stop loss is actually lower, I did that by mistake. It's around the yellow line, around 1.84005.
Price Action with Indicators! ~The Freebie Newbie BOLOSO System~
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Dr. Krieger replied Feb 4, 2014Trades I took last night. Both were closed at TP. 162 + 108 pips. Can you guys, ( looking at you Luigi ) comment on the trades?
Price Action with Indicators! ~The Freebie Newbie BOLOSO System~