FX and Commodity Charts & Ideas


#82

USDIndex,Weekly

USA500,Weekly

USOIL,Weekly


#83

EU still in a text book H&S.

Won’t try to determine a possible trend breakout until purple lines 3 & 4 convincingly breached. Attacking - taking scalps an runnin like hell till then.


#84

I didn’t realise that you partake of the occasional extended trade, although I could have guessed from some of your comments a week or two ago.


#85

Don’t very often. One of the reasons I only trade one pair is the fact I am gradually learning how it moves to different situations. I’m developing a “feel” for where shes heading in the short term. I generally keep a eye on the dow and gold when trading. That being said, a long term trade is still rarely over 24 hours. I’ve given away over 100 pips more than couple times. I only use a moving average crossover, trend lines and candles. Now, she crosses the trend I take profit. I keep the EU charts in my head – maintain a 80+% win rate. Simply couldn’t do that trading more than one instrument.


#86

On the radar UJ


#87

Have to scratch that one now missed me by about 5 pips and hourly swing in place. Will keep alarm on as never say never but unlikely.


#88

Yep didn’t reach your 111.568 level, I saw 111.622 as a daily low on my platform.
I wouldn’t have traded it though as I couldn’t identify the level from history on my monthly or weekly charts.
If I don’t see where the level is coming from I won’t trade it as I don’t know the importance of the level. ie… strong monthly, weeker daily etc.
I am in no doubt if you have picked it it’s a good level :+1:


#89

No low for me at your price. Had 18th Sep produced .663 which became week 38 low.
The reason for not taking that was still had 15 mins or so I think of the hour and the level I had, quite often gets tagged and produces a wick in the dying minutes of the hour, turning a strong bear candle for the lovers of those kind of things into a F.U. candle :grin:
Anyway not on this occasion.


#90

Missed this short yesterday from the Dec 2016 monthly low :rage:

Still going through the rest of my charts to add the relevant monthly hi’s and lows.
Haven’t even got to using the volume indicator stuff you sent me yet :slight_smile:


#91

Only one able to grab this week – but she full risk so :sunglasses:


#92

The week is still young, keep on stealin’:+1:


#93

Sometimes she just don’t act right so ya shoot it and move on – medium risk


#94

And of course, after rid’in that damn horse for hours, she takes off way she spose to! :hot_face:


#95

And this, boys and girls, what it’s all about. Full risk scalp. Just made 2.788% profit on my account in less than a minute. Would made 1.78% per year sitt’in in a bank. :rofl:

Done for the day, Gotta go build somebody a home.


#96

:+1: sometimes it all goes well…

Here is the other side of the coin. I lost 2.867 % on 6 trades this morning which in itself is not a big deal just that I was up trading until early hours of this morning to do it
Would have been better getting some shut eye .:rofl:


#97


#98

Today’s entry took me down 1%. Would like any comments please.
My entry, long at the little circle since it seemed to be making a floor and proximity to major close level. That was at hour +45. At hour +55 or +56 price brushes the major level.
Stu, did you play this and if so, or not, what do you think.

So after a struggle price eventually dived through the major level…
…and then it came back! :rage:
…and of course it is now heading for my original TP

Oh look, it just hit 11546 !! :unamused:


#99

No EX only one trade today, at Franky and it was Eur/Nzd. Your stop was LW Open :wink: It’s hard to imagine that it would not make a grab for it. This is a strategy in itself.

Edit: Can post E/N trade if of use ?


#100

On road this morning. Decided to open laptop and open medium risk short EU after 9 AM (EST) 4hr pin. She open and covered.


#101

Closed out. Too many idiot politicians making too many idiot comments about missing Saudi journalist. Thing could get out of hand. Done for the week.