Forex trading live calls and set ups

[Lord Flasheart]

my first trade was an option on eurotunnel.it made some money and so i though this is easy...aud trade was nearly stopped out,bit of luck going my way

 

[Rooster34]

eu long 3622 dang slippage

 

[Rooster34]

eu long 3622 dang slippage

sl 3610

 

[Rooster34]

sl 3610

stopped -11.4

 

[Rooster34]

stopped -11.4

Ok enough low time frames, just testing some theories on S/R.

 

[DDI]

short eurgbp 8478, stop 8518

 

[Lord Flasheart]

long aud at 1.0046 sl 29

stopped was moved to - 20 and has been taken.

-40 for the day

 

[MayZerG]

Euro is getting raped today, bad news for all european stock exchanges due to inflation fears, banks down the most % wise. Now USA unemployment claims better than expected. Shorted Euro at 1.360

 

[pocrel]

just wanted to post a couple of charts on support and ressitence for anyone trying to pick it up

here is a chart of the euro all morning its been bouncing off the 13612 area



eventually price breaks down

now to play this you could switch down to a smaller time frame like the 5min for entry as i use the 30 min


you could just short the euro when it tests the 13612 area again with a tight stop or you could wait for the pullback test of the 12 area and then a break of the 13598 area

depends how you feel and the amount of risk you want to take

 

[DDI]

cable a buy? too many bullish tails at support perhaps?

I have had everything burnt by top/bottom picking which is why I seldom take them. So just suggesting to friends who are interested

 

[Rooster34]

just wanted to post a couple of charts on support and ressitence for anyone trying to pick it up

here is a chart of the euro all morning its been bouncing off the 13612 area
View attachment 102460


eventually price breaks down

now to play this you could switch down to a smaller time frame like the 5min for entry as i use the 30 min
View attachment 102462

edit: hourly entrance into the daily would be ideal, if you look at the last run up in euro fro 3500 there was a bullish engulfing candle right off 3507. That was an A++ setup. Of course I wasnt looking at the hourly and it's hindsight. lol

you could just short the euro when it tests the 13612 area again with a tight stop or you could wait for the pullback test of the 12 area and then a break of the 13598 area

depends how you feel and the amount of risk you want to take

Thanks, this is the kind of stuff I'm focusing on now. Price entering an S/R zone, then a price action trigger, be it continuation or reversal.

 

[Rooster34]

If E/U drops out of the zone I'm shorting it. Bearish engulifing candle has formed at resistance.

 

[Rooster34]

trying to post chart

 

[Lord Flasheart]

Euro is getting raped today, bad news for all european stock exchanges due to inflation fears, banks down the most % wise. Now USA unemployment claims better than expected. Shorted Euro at 1.360

Please can you post as you take the trade anmd include a stop even if it is provisional,thanks. Its just what we do here as its a live call thread

 

[MayZerG]

My short was at 1:31pm my friend, and posted that a few minutes after still short atm, probably will take profits if it hits 1.35736

http://www.flickr.com/photos/59373564@N08/5433212243/

 

[Rooster34]

trying to post chart

Trade off.

 

[DDI]

short eurgbp 8478, stop 8518

out 54 for +24

 

[Lord Flasheart]

My short was at 1:31pm my friend, and posted that a few minutes after still short atm, probably will take profits if it hits 1.35736

http://www.flickr.com/photos/59373564@N08/5433212243/

I understand what you have done, but the idea of the thread is to post trades as you take them and not use broker charts. Please dont take it the wrong way but weve been through this with many others. Im sure what you are doing is great for a journal and education purposes but for this thread it is live calls. thanks

 

[Lord Flasheart]

I dont normally trade this time off day as you know,but I couldnt resist this. I wont count this to old mas figures either way.What a beautiful t/l break and pull back to the line You can sell right from the line. Could easily go below todays low over the next day. Offers great r/r. Stop should be at a few point above the x. it hit the line 5 time ,broken,pulled back and away we go. its alo over 3 day, even better

watch me look silly as it take out my top I dont care if it does,ive got such good r/r

 

[Rooster34]

Fading swissy off double zeros. enter 9698
t/p 9661
s/l 9720