- Search Crypto Craft
-
ozpips replied Aug 2, 2011Live trade. Setup looks good NT setup. Lets see. edit: 2 candles in and mid band broken...good sign 3rd candle closed back above mid band not so good 4th candle back under mid band and a new low but tail close...mixed sign 5th candle bullish and ...
PRICE Accordingly
-
ozpips replied Aug 2, 2011Hi all. Well I highlighted this one and then had to pop out so missed it. Opinion request, Dean would you have exited at the mid band or held to the lower band?. Identified as NT. RF not required as 1st candle after band break broke back in and ...
PRICE Accordingly
-
ozpips replied Aug 2, 2011Hi Guys, I spotted this trade today at frankfurt open. I took it on a micro but bailed early for 8 pips before candle closed. Reason unknown.maybe got excited. To me it is a neutral, NT trade. Price closed inside the bands and trade was taken at ...
PRICE Accordingly
-
ozpips replied Jul 31, 2011How does this one look Dean/John. I didn't see it develop but now in hindsight it looks a trade from Asia 1.15 GMT on GU. Analysis: Pink line shows the trigger inline with RF. Identified MILD MOM setup. Price put in a double top. Look left and you ...
PRICE Accordingly
-
ozpips replied Jul 31, 2011That's what I like about it. Asian session can be awfully slow with a small 15-30 pip range for most of the day at times. Price accordingly gives you the opportunity to trade the small range which is great and also catch the big moves too. I will ...
PRICE Accordingly
-
ozpips replied Jul 30, 2011Hi P.Dean, nice system. I'll be watching your thread next week too. I live in OZ and have found a bit of action tends to happen around 00GMT and the Japan open. Have you tried to trade " Price Accordingly" during these time frames? If not I'll be ...
PRICE Accordingly
-
ozpips replied May 24, 2011Hey new year here is my take on it. First as you know, you and I don't move markets the big players do ( institutions and banks). Now 90% or maybe more look at the charts to make a decision. We all see the same thing, kind of. As we all see the same ...
Thinking Outside the Box!?!
-
ozpips replied May 23, 2011Ok one for out of the box. I was watching a pre recorded webinar on INO. The speaker telling the story was a professional trader in his 60's. he had been trading successfully for many decades. He spoke about his early days on the floor of the CBOT ...
Thinking Outside the Box!?!
-
ozpips replied May 22, 2011That was a entertaining thread's read. A lot of nice advice and things to consider but nothing out of the box. Maybe the real pros actually just trade what is in the box successfully and let the herd wonder about what's outside the box. Just like ...
Thinking Outside the Box!?!
-
ozpips commented May 15, 2011Trend is still up on daily, weekly and monthly TF's according to Ichimoku charts. Some solid chikou span support is present also around these levels. I would expect a bounce on Monday especially so if the speculators are all positioned short. On the ...
Has the Weekly EUR/USD Uptrend Finished Correcting?
-
ozpips replied May 15, 2011I'll have a go at some of your questions: In this thread, I hope to explore one of the most important questions that any trader should be asking:- How do I know what good and bad trades look like? If you follow your trading plan its a good trade ...
Lagging Indicators -vs- Leading Indicators
-
ozpips commented May 12, 2011I entered this business naively believing it was a high profile profession that entertained the wealthy entrepreneurs of the world. 20 months forward, I now know its gambling but that word does not bother me at all. As I'm still relatively new I ...
Is Forex Trading Gambling?
-
ozpips replied Apr 22, 2011I'm not an Ichimoku expert but I do enjoy studying it. Firstly remember that the analysis is purely technical. Fundamental changes will blow everything out of the water. Assuming the chart is showing end of month which is still one week away it ...
how effective is ichimoku REALLY
-
ozpips replied Apr 22, 2011Picking tops and bottoms is easy to do, but whether the market respects this is another matter. If the market is range bound just look left for a corresponding top/bottom, look for a AB=CD termination point at the corresponding top or bottom and ...
Picking Tops & Bottoms With Support & Resistance?
-
ozpips replied Apr 17, 2011Monday Morning: It looks to me like its going to be a risk averse week which will see JPY and USD strength. Lets see. I was going to re enter the sell CHFJPY trade but its done a runner before I got there maybe tomorrow. On Friday I had placed a ...
My Trading Journey thus Far
-
ozpips replied Apr 17, 2011Well I spent over 3 months with a professional in a live trading room group learning boot camp and was well drilled on the fact that their is no holy grail. The mentor/teacher had as many losing trades as your likely to come across. The difference ...
Grailaholics Anonymous
-
ozpips replied Apr 13, 2011Thurs update: Well this morning I have closed out all positions. I'm flat till some further analysis over the weekend. Reasons being I believe I've been over trading and not fully analyzing the new positions I'm taking. Also some busy family issues ...
My Trading Journey thus Far
-
ozpips replied Apr 12, 2011TEST 17: CHFJPY SELL. Other Yen pairs have fallen, this one is the toughest and perhaps last to fall. The close of last week put in a weekly ABCD pattern. Price is also at a 61.8 fib retracement level of the weekly swing high-swing low. The daily ...
My Trading Journey thus Far
-
ozpips replied Apr 12, 2011Wed update: OK I'm making a few reckless mistakes here. Test16 NZD sell is barely hanging in there, came within a few pips of death. Firstly I broke my Friday no trade rule. Then when it closed higher on the friday close I should have enforced my " ...
My Trading Journey thus Far