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Phx62 replied Jul 3, 2013The trade was taken on the H1 time frame based on a double top (Frankfurt and LO candles). There was divergence indicating price would go short at some point. I took the trade based on those factors....once price pulled back from the double top, I ...
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Phx62 replied Jul 3, 2013Yes, you are correct...on the H1 I move my TP in 50 pip increments. The first two trades were SCALP trades, meaning that I had no reason to expect the market to move 50 pips based on time of day and a ranging market.....I had a bias of short trades ...
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Phx62 replied Jul 3, 2013A nice EJ move down at LO.....three trades in the last 24 hours......one and two were H1 scalp trades entered following pullbacks and TDI crosses.......trade three taken on a double top pullback and price moved straight down.....no retracement or ...
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Phx62 replied Jul 2, 2013Two trades so far this week....both EJ H1 trades taken at or near LO. Closed the first one manually after a pullback and market ranging. Second one hit TP before reversing.....had a signal to go long but I don't like taking trades right at NYO, so I ...
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Phx62 replied Jun 28, 2013Two EJ H1 trades today....first one entered on a break of yesterdays high and a cross of the TDI.....the TDI was headed into the overbought zone but I entered anyway because of the nice uptrend of the past two days with no sign of ...
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Phx62 replied Jun 27, 2013smarco, I made one trade today before LO but it wasn't because I saw something in the market. I had some business meetings last night and was late getting home and knew I had to be up early this morning. I clicked on my computer and saw some ...
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Phx62 replied Jun 26, 2013irishtoffy, Yes....there was a signal to go long on that candle. However, there are couple of things that would keep me from entering a long trade there....1. There had already been a move down over 140 pips without a retracement on the H1 chart. ...
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Phx62 replied Jun 26, 2013Two more London EJ H1 trades.....entered at LO on a continuation trade that moved over 30 pips in my favor and then pulled back......closed manually for +12. Waited for price to continue up and set a new London high....once price moved back below ...
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Phx62 replied Jun 26, 2013Almost twin trades except I went for +50....... image
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Phx62 replied Jun 25, 2013I enter every H1 trade with a 50 pip emergency SL and a 50 pip TP (when the ADR is high enough)....if the market moves steadily in the direction of my trade, during a high volume time, I may move the TP accordingly....if the market makes some ...
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Phx62 replied Jun 25, 2013A couple of trades today on the EJ H1 that ran for less than one hour each.....the market is a bit choppy and the waves are small and non-trending. Trade 1....nice pullback candle reversal pattern during the Asian session....once price broke below ...
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Phx62 replied Jun 24, 2013There was never a signal to enter long.....in order for me to take a long trade there, I would need to see a CLOSED blue candle and some continuation of that move along with some TDI confirmation before making an entry. There was already support for ...
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Phx62 replied Jun 24, 2013I am in Arizona and we stay on Mountain STANDARD Time year round, so in effect we are on the same time as Pacific DAYLIGHT SAVINGS Time. That puts me two time zones behind you. When its Midnight here, its 8AM London time.
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Phx62 replied Jun 24, 2013Two more trades at LO.....first one stopped out at BE.....second one re-entered following the open of the 2nd candle after it went up and set the high of the London session and then moved back down.....TDI green already crossed red and was crossing ...
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Phx62 replied Jun 24, 2013Broker is FXDD......I believe their server time is GMT-3. My local time is GMT-7. Market opens at 2PM local time during the summer.
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Phx62 replied Jun 23, 2013A nice easy 50 pip EJ H1 trade on a Sunday afternoon to start the week......entry made following a pullback candle on the Asian session open and the TDI green moving up.......already above the 50 line and the red line....about to cross the yellow ...
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Phx62 replied Jun 21, 2013Three trades today....all on EJ H1. 1st trade entered at LO based on a continuation of the Asian session trend.....candle pulled back....exited with +14. Trade 2....entered on the pullback of the LO candle with TDI green crossing yellow and pointing ...
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