Forex trading live calls and set ups

I am thinking of closing this thread (Beachtrader voted a No)


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I wasn't ready to short at that time. I'd been long from 9060 to 9130-150, live call here.

My strategy is not explained here. This thread is just for live calls/set ups. You are welcome to do so, if you want to.:)..
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Moments ago, EG target hit at 9058 (60pips).(y)

No thanks bud, your thread, I'll just observe if that's ok with you. I've thought long and hard re. doing a journal but decided against it, I don't want the added pressure/extra responsibility of having to post trades... total respect to those who do though, including your good self. :) Always willing/excited to see how others trade...
 
Short EG @9056, only 50% size. Stops 20/30, looking for 30pips max.

I must say EG was very naughty. Re-entry order was given just before the fall, but didn't get filled... one of the annoying things about DMA. :mad: [I wish I was using spreadbetting account on this very occasion!!]
 

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I'll be looking at my crystal ball today.. let's what we have for November.. I will post some set up tomorrow and over the weekend
 
Results for 'live' calls here on this thread for the week

26: EU Long, (SL50/TP50,100), Result = -5
26: GJ Long, (SL100/TP70,140),Result = +70,+140 Both targets achieved
27: EG Short, (SL30/TP30/50),Result =+30,+60 Both targets achieved
28:EG Short, (SL40/TP30,80), Result = +5, Re-entry shorts didn't get filled
29:no trade

Total pips win = 305, pips loss = 5.
 
Chart for EU trade in above post. There are two possibilities for 1 Day ATR move. I am going for box 1, therefore took a long trade above MDM(white line). Let's see..

091030EU.jpg
 
End of the week last trades

Remaining 50% out at 4755 (+59pips)- that brings total pips to (49+ 59)=108/2 = +54 for the whole position.

Switching box 2 from box 1 was proven right! (lost 20pips)

[chart attached with approximate entries/exits]

Gross pips for the week is, therefore, +380pips. Adjusted pips is something like +200.

Gotta call it a week!:D

091030EUentryexits.png
 
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Cable

GBPUSD has lowering mean lines for the last three consecutive months. If 1.6180 can't hold, I will be selling agressively. If it holds, then a buy program can be launched.
 

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Monday Nov 2
Still looking for a nice entry. Resting Sell limit order for USDJPY at 90.20.
 
My bias is box 1, but it could well turn out to be box 2. Still 50% short on UJ.

2.45update: covered the rest +10pips. Don't want exposure before the housing news.
 

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Lucky escape from the spike, UJ net 25 &10 pips for each of 50% units ...:)
 
GU: Looks like I've missed a nice sell short on cable at 1.6380.
EU: stuck in boxes (literally, between sell/buy meanzones, shown on chart as blue and red boxes)
UJ: Bearish but won't sell yet
GJ: like GU, missed a nice spot to sell from
EG: bullish, but not my place to buy
 

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