Forex trading live calls and set ups

[Lord Flasheart]

Today I was bored and looked at my system '20 pips a day keeps stress away'. I haven't used it for a long time. Anyway liked today GU price action and had a go - easy +40 there. I may do some back testing to see what sort of success rate is there. I would be careful using it next week because of BST going back to GMT.
The system may still be good - I would observe the price action in the future and if I like it - why not.

PS Good to have a look in the pantry sometimes.

I would offer to help but my mind is shattered,ive spent months on my method. Its a real strange feeling,i feel I should be watching and waiting. I fear if I take one rogue trade Ill go off the rails,so Ill just look at the price action on my entry levels and see if I can perfect the entry

 

[wackypete2]

not much trading here today. Been busy with some other stuff. I will be trading a bit later and for sure during the asian open.

Peter

 

[bedsit]

not much trading here today. Been busy with some other stuff. I will be trading a bit later and for sure during the asian open.

Peter

It's been a good move on GU and EU for some time - may continue downwards. Maybe a good idea to go for short limit orders (on the break of lower lows) unless there is a breach of lower highs in the meantime.

Good luck - I've finished for today.

 

[bedsit]

It's been a good move on GU and EU for some time - may continue downwards. Maybe a good idea to go for short limit orders (on the break of lower lows) unless there is a breach of lower highs in the meantime.QUOTE]

It could be some sort of reversal - not so sure. After 17:00 BST - all sort of possibilities. After 22:00 BST - I see it as a twilight zone (I imagine most of the trading is done by computers at that time)

 

[Vaco]

bedsit,

U spend way too much time at your pc

 

[bedsit]

bedsit,

U spend way too much time at your pc

:clap:

 

[Black Swan]

9730 stop 9485 ...nice strong candles (using that there Heikin-Ashi) on a 15 min TF since approx 11am...

Reached revised limit, closed at 9929...swing may may have a touch more left but I've been there far too many times with the Swissy, may go on to hit R2 but without me...

 

[wackypete2]

OK, who's trading the asian session with me?
Currencies are in the normal lull for this time period. Waiting for a break in either direction.

Peter

 

[wackypete2]

Looking at eur. Shorting the break of the black line at around 1.3764 or play a break/bounce at the upper trend line at 1.3800. I think we test today's lows at 1.3733 before moving up significantly.
Just my opinion...

 

[LiamH]

OK, who's trading the asian session with me?
Currencies are in the normal lull for this time period. Waiting for a break in either direction.

Peter

I'll be keeping an eye on EUR\USD for a bit... Will be trading a break if I catch it quick enough. Will try to post live but will more than likely be closed before I post so wouldn't be much good in a live calls thread.

 

[wackypete2]

Thats ok, post it anyway.

Peter

 

[LiamH]

Long 1.3782, Stop at 1.3772

 

[wackypete2]

sh eurusd 1.3794 stop 1.3806

 

[LiamH]

Long 1.3782, Stop at 1.3772

Sorry, actual entry 1.3785, stop still at 1.3772

 

[LiamH]

Sorry, actual entry 1.3785, stop still at 1.3772

Lol scratched for +1.5 pips ha ha That pull back frightened me when timed with Pete's short :whistling

EDIT - Need to learn to check p\l before posting.

 

[wackypete2]

better than a loss. volatility is a killer. too many pops and drops.

Peter

 

[LiamH]

better than a loss. volatility is a killer. too many pops and drops.

Peter

It just hit my 13 pip initial target d'oh. I should remember not to get shaken out of trades so easily!

 

[wackypete2]

lol. happens. as long as you never let the trade run away from you.

Peter

 

[wackypete2]

exit 1/2 @ 1.3787 +7

 

[wackypete2]

exit 2nd half at be

Peter