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sailor68 replied Aug 13, 2009gu, i took another position but long on the last hammer M5 at 65500, i cut already 20% of my position just below psych level 6600 and hold the rest.
Psych Levels, Pivots, and Trendlines - Resurrected
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sailor68 replied Aug 13, 2009right, also the shooting star are not a major reversal signal but we can use it like a pivot resistance, like here with the psych level of 6600....cable will break it we will go north (for how long don't know). i took another position long again, ...
Trade what you see NOT what you expect
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sailor68 replied Aug 13, 2009Right, thanks for your point of view, also the shooting star are not a major reversal signal but we can use it like a pivot resistance, like here with the psych level of 6600....
Cable Update (GBPUSD)
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sailor68 replied Aug 13, 2009GM All, we are bullish on H4 but on H1 we have a beautiful shooting star...umh... also my first trade of the day on M5 entry on the last hammer and exit on doji, just a few pips +10 but it works....
Trade what you see NOT what you expect
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sailor68 replied Aug 13, 2009M5 just exit on Doji a few pips +10
Psych Levels, Pivots, and Trendlines - Resurrected
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sailor68 replied Aug 13, 2009right now, im long on gu, after the last hammer on M5 but im not sure to keep it long because on H1 we have a beautiful shooting star......let we see if we have confirmation of this shooting star or not...
Psych Levels, Pivots, and Trendlines - Resurrected
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sailor68 replied Aug 13, 2009Ok, i never keep a trade more than two days, maybe try (what about the SL do you use fix number of pips, or do you use S/R, and now what do you think about the shooting star on H1.....
Cable Update (GBPUSD)
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sailor68 replied Aug 13, 2009Hi wormboy, yes im agree, its bullish, when i said that its for take a position usually i use M5 and M15 with Overbought/oversold levels and candlestick pattern to find an entry, like now im waiting for the end of this pull back and a confirmation ...
Cable Update (GBPUSD)
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sailor68 replied Aug 13, 2009Look at the RSI and Sto overbought....for this moment i don't take any trade, wait for candle confirmation
Cable Update (GBPUSD)
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sailor68 replied Aug 13, 2009Nice trade Islander, i was here but with a 5 and 15M chart, umh...i think before FO/LO and NY it will be better for me to use M1....
Psych Levels, Pivots, and Trendlines - Resurrected
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sailor68 replied Aug 12, 2009Im agree with you, for this moment i use only candlestick pattern, ususally i look at H1 the tendancy, and i trade in the same way according to the candle.
Cable Update (GBPUSD)
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sailor68 replied Aug 12, 2009i saw it, but a little bit late , then i didn't jump on it..only had a look of a nice miss trade....
Trade what you see NOT what you expect
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sailor68 replied Aug 12, 2009I just short eu, M15 shooting star short at 4158, also on H1 reject of ema62 (sl 41.78) ,i short also ej at 135.61 M15 shooting star (SL at 136.05) but the market look like don't want to go down....let we see
Trade what you see NOT what you expect
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sailor68 replied Aug 12, 2009I just short eu, M15 shooting star short at 4158, also on H1 reject of ema 62 (double confirmation) ,i short also ej at 135.61 M15 shooting star, let we see now the candle pattern
Psych Levels, Pivots, and Trendlines - Resurrected
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sailor68 replied Aug 12, 2009Nice trade EV, i saw it, but a little bit late (134.77), then i didn't jump on it..only had a look of a nice miss trade.... right now, waiting for a good entry..
Psych Levels, Pivots, and Trendlines - Resurrected
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sailor68 replied Aug 11, 2009Hi all, H4 we are in a channel up, but i short gj, and let we see what happen near the area 158.700, if i wrong i will be long for the moment on gu. yesterday i get only 120 pips with gu
, can not reach 316 pips.
...right keep update with some ...Auslanco - GBP/JPY and GBP/USD (newstrade)
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sailor68 replied Aug 10, 2009Right on GJ look at the reaction on SMA200 on H1
Auslanco - GBP/JPY and GBP/USD (newstrade)
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sailor68 replied Aug 10, 2009Hi all, Today my first trade, GU, on H1 channel down, than i looked for a possible entry to short cable on M5, it was on a bearish engulfing pattern 6620 and after a second bearish engulfing pattern again at 6631 , i just exit now at psych levels ...
Psych Levels, Pivots, and Trendlines - Resurrected
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sailor68 replied Aug 10, 2009Thanks for your advice, usually i trade in the same direction of the pair, on H1 bearish, than i short cable, i add more short after another bearish engulfing candle at 6642 ...i will close my position between 6555 and 6545 (if cable go there).
Trade what you see NOT what you expect
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sailor68 replied Aug 10, 2009Hi Eohater, I just too a short : Just try to use MA, on 5M bearish engulfing pattern just below MA21, short on the next opening candle at 6623, but you are long, what wrong with my position ? Thanks Sailor
Trade what you see NOT what you expect