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ilzalama replied May 6, 2013Hey iwan73 Yes, my candle closed above S&R. I went long. -ILZ
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ilzalama replied May 6, 2013Hey iwan73, The candle you point at closed for me @ 05:00 PST which was 30 minutes before NFP so I did not take that trade. Had it been an other time I would have. The candle I pointed at is my current USD/JPY entry candle. image -ILZ
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ilzalama replied May 6, 2013Trade Update Short AUD/USD @ 1.02803 Current Stop 1.02773. +3.0 Secured Long EUR/JPY @ 128.718. Current Stop 128.868 +16.0 Secured. EUR/USD - NOTHING Long GBP/JPY @ 152.561. Current Stop 152.771 +22.0 Secured GBP/USD - NOTHING USD/CAD - NOTHING ...
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ilzalama replied May 4, 2013Hey WARaintOVER, I do not suggest you follow a signal. By the time you figure out its not worth it, & 99.9% of the time it is, you could have been developing your own trading style. My2Cents, -ILZ
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ilzalama replied May 4, 2013Hey alig, There is no such thing as easy money. Forex is a business. It's not game, it's not a scam. It also is not easy. It can take years to become a proficient trader. I was introduced to FX in 2000. I have only been steadily profitable for the ...
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ilzalama replied May 3, 2013Hey all, So not a bad week. I did miss that EUR/USD but as it turns out the bottom fell out & I would have ended with +15 which equals 1/3 of a % return not realized. Not a huge deal. I did not take a new USD/JPY trade because I did not want to open ...
Trend Runner
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ilzalama replied May 3, 2013Trade Update AUD/USD - NOTHING Long EUR/JPY @ 128.718. Current Stop 128.868 +16 Secured. EUR/USD - NOTHING Long GBP/JPY @ 152.561. Current Stop 152.771 +21 Secured GBP/USD - NOTHING Long GBP/USD @ 1.55363. Stop out with +3 realized. USD/CAD - ...
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ilzalama replied May 3, 2013Hey iwan73, YOU GOT IT!!!! image The red line is your entry point. -ILZ
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ilzalama replied May 3, 2013Hey ash, I do not actually use it for any trading decision. As I stated in Post 1, " I will include a extra tool called Signal bars Daily. It is not an indicator. You will not base trades off it. It is a MTF tool that shows you the over all strength ...
Trend Runner
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ilzalama replied May 3, 2013Hey Bomi, I do not really consider the curve or angle of the 200 SMA. Of course it helps if it is pointing in the direction I am trading in, but as I stated in Post 1 " The 200 SMA is the most widely used and accepted Moving Average across all ...
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ilzalama replied May 3, 2013Trade Update AUD/USD - NOTHING (NEW)Long EUR/JPY @ 128.718. Current Stop 127.718 EUR/USD - NOTHING (NEW)Long GBP/JPY @ 152.561. Current Stop 151.561 Long GBP/USD @ 1.55363. Current Stop 1.54933. USD/CAD - NOTHING USD/CHF - NOTHING USD/JPY - NOTHING ...
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ilzalama replied May 2, 2013Trade Update AUD/USD - NOTHING . Short AUD/USD - 1.02815 stopped out +6.0 realized EUR/JPY - NOTHING EUR/USD - NOTHING GBP/JPY - NOTHING Long GBP/USD @ 1.55363. Current Stop 1.54363. USD/CAD - NOTHING USD/CHF - NOTHING USD/JPY - NOTHING Gold - ...
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ilzalama replied May 2, 2013Hey ash, The supertrend DOES NOT HAVE TO BE above/below the 200 SMA in order for the trade to be verified. -ILZ
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ilzalama replied May 2, 2013Trade Update Short AUD/USD - 1.02815. Current Stop 1.02755. +6.0 Secured EUR/JPY - NOTHING EUR/USD - NOTHING GBP/JPY - NOTHING (NEW) Long GBP/USD @ 1.55363. Current Stop 1.54363.Long GBP/USD @ 1.52784 stop out +258.6 realized USD/CAD - NOTHING ...
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ilzalama replied May 2, 2013Hey Bomi, I would have opened the trade at the start of the new candle, not during the current. But you have the right idea! -ILZ
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ilzalama replied May 2, 2013Hey ash, So according to your supertrend, you should HAVE NOT TAKEN THAT TRADE. Supertrend was NOT RED. Remember. For a SHORT, 1- price needs to CLOSE UNDER 200 SMA 2- Supertrend NEEDS TO BE RED 3- Price needs to CLOSE UNDER RED SUPERTREND -ILZ
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ilzalama replied May 2, 2013Hey gaia68, No need for apology. If you do not ask how are you going to learn? -ILZ
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ilzalama replied May 2, 2013Hey gaia68, LOL... It's no problem. That is why we are all here. In this particular shot we are discussing the EUR/USD. As you know I did not take that trade because I chickened out
. image This is what would have happened had I taken that ...Trend Runner
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ilzalama replied May 2, 2013Trade Update Short AUD/USD - 1.02815. Current Stop 1.02755. +6.0 Secured EUR/JPY - NOTHING EUR/USD - NOTHING GBP/JPY - NOTHING Long GBP/USD @ 1.52784. Current stop 1.55370. +258.6 secured Short USD/CAD @ 1.01907. Current stop 1.01020. +88.7 secured ...
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ilzalama replied May 2, 2013Hey Syracuse, if you notice on that AUD/JPY trade you mentioned, price broke 99.75 and dropped a good 50 pips. That trade would now be a +7 for me. Thats why I like to wait for S&R breaks
image -ILZTrend Runner