- Search Crypto Craft
-
deepsouth replied Jul 2, 2012EU Long - Stop adjusted — Price is moving poorly here, but it is moving up. Struggling with the BRN so rather than close for a 20 pip profit, I moved stop up to a 10 pip risk. It is worth that risk to see if price will continue up overnight. I ...
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jul 2, 2012RE: Fx2ProTrader — I hope I explain this well. I always start with the weekly time frame and identify the freshest S/D zones. Not support and resistance, this is different. I then move to the daily and do the same...if there are any fresh. I ...
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jul 2, 2012EU 1H Pending Buy Limit has triggered — My pending order on the EU has triggered...we'll see if the 1H Demand level holds up to this aggressive selling happening right now.
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jul 2, 2012AU 1H Sell — This was a poorly planned (not planned) and executed trade. I got away with it here because I had sellers on my side due to the weekly Supply level above. The good thing is I realize what I did and know how to avoid it again. This ...
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jul 1, 2012EU 1H — I like this 1H EU long setup. Pending orders set. If my order is not triggered by NY close tomorrow I will likely cancel the order. The lime green at the bottom of the chart is a weekly demand zone.... Still watching the Daily NZUSD, ...
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jul 1, 2012NU — Weekly and Daily levels adjusted slightly as well as plans for entry, stop, and TP. Daily chart posted with updated zones and entries...we'll see if I am on the right track.
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jul 1, 2012NZUUSD — After analyzing this weeks potential trades, I decided that I liked the NZUSD structure the best. The AU was a close second. I have posted 2 charts. On all my charts going forward I will have the Weekly supply zone marked in red and ...
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jun 28, 2012Order Cancelled — UJ pending order cancelled. Not only did my level not get reached, I believe I was out of synch with the higher time frame levels and direction. This is where a trading plan with a checklist would help me spot or avoid these ...
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jun 27, 2012Pending Order UJ 1H — I placed a pending order. Now I can go do other stuff and see how this plays out....
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jun 27, 2012UJ 1H Trade Idea — I like the looks of this level on the UJ 1H for a sell. R:R is 1 to 2....barely.
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jun 25, 2012Hi Risk to Reward — Hi Fx2ProTrader, Thanks for stopping by. In regards to your High R:R reference. I really prefer to trade a 1.5 to 3 Reward to Risk Ratio, but will take a 1:1 if I like the trade enough. Kind of like my UJ 4H trade. That was ...
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jun 25, 2012FYI — I have 100 EMA, Stochastics and MACD on my charts, but I don't use them. I just like having the 100 there and I guess I could use one of the others for divergences...but probably won't:nerd:
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jun 25, 2012D1 AU Update/Change in my approach — What I need to see now is for price to clear the 1.02238 level and trade up into the supply zone before I will have any interest in selling AU. It seems like taking a trade at 1.02238 would not yield much ...
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jun 25, 2012D1 EU Trade Idea — EU is getting close to a demand area. Price didn't really race away from this level, however I may get involved if price gets deep into the zone. Dropping down to 4H once price enters the zone and watching PA could help me ...
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jun 25, 2012Closed 4H UJ Trade — I closed my open 4H UJ trade this morning for 51 pips. I decided to leave a few on the table due to traffic.
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jun 21, 2012D1 EU — So I was waiting on AU to reach the demand zone as I have marked on my chart however price turned South just short of that zone at the previous levels I have marked with the blue line. Seems like picking these levels can be an art ...
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jun 21, 2012D1 NZDUSD Setup — This is one I am stalking
Southern Fried FX - Supply/Demand Trading
-
deepsouth replied Jun 21, 20124H UJ Trade I am in — Sold at 4H supply level.
Southern Fried FX - Supply/Demand Trading
-
Southern Fried FX - Supply/Demand Trading
Started Jun 21, 2012|Trading Journals|68 replies
I've been tinkering with FX for a while now, more as a hobby than anything else. I have been ...
-
deepsouth replied Jul 27, 2010Closed half on UJ and moved stop to BE, will let the trade develop now. Looking for higher lows to move the stop along with. Hi Tradepat, thanks for the kind words, but no not that good, I am just another trader trying to get better. The MA's I am ...
Daily Chart Trading Discussion