Seeking consistency

[Leia]

Re: Eur usd 15m trigger

I can't see any entry levels with a decent ammount of risk (the candles are 175 pips and 120 pips respectively)

The 4H rejection turned into a Daily shooting star-ish hammer
It has retraced into the 50% / 61.8% on the 4H chart and printed 2 X 15min shooting stars
This offers a small risk potential entry at a nice level from a daily, 4H and 15m perspective

Usual rules will allow me to get to breakeven if we see 1.30 80 (ie risk of 20pips covered), so I am comfortable to take this opportunity

 

[Leia]

aud usd (as eur above post #301)

large daily s/star-ish candle has retraced 50% this morning
15m chart offers a small risk entry (20pips)

 

[Leia]

Re: aud usd (as eur above post #301)

15m chart offers a small risk entry (20pips)

price has moved higher than the top of the 15m s/star candle, so order to go short removed (trigger effectively invalid)

 

[Leia]

Re: Eur usd 15m trigger

Usual rules will allow me to get to breakeven if we see 1.30 80 (ie risk of 20pips covered), so I am comfortable to take this opportunity

Price has given 1:3 (+60 pips) so far, stop is at breakeven
I will add by opening a second position if the low of the daily candle @ 1.30 20gives and a reasonable risk 'trigger' appears on a lower timeframe

 

[Leia]

Re: Eur usd 15m trigger

Price has given 1:4 (+80 pips)

Yesterdays lows have been broken and a 15M candle printed rejecting higher prices has given me an entry with just 25pips of risk, which I am comfortable with

 

[Leia]

Re: Eur usd 15m trigger

15M candle printed rejecting higher prices has given me an entry with just 25pips of risk

which has been taken out

 

[Leia]

eur usd target met

bearish sentiment provides lower prices (1.29 00 gave + 200 pips)

 

[Leia]

gbp usd 4H trigger rejection D 20ema

cable 4 hour chart shows a shooting star candle formation indication rejection of higher prices (having broken through the 61.8% retracement level of the last down swing)

The daily 20 ema may have provided dynamic resistance around the 1.56 00 round number level. Risk of just over 1:2 (stop above candle high at 1.56 25 target at recent lows 1.53 80)

 

[Leia]

Re: gbp usd 4H trigger rejection D 20ema

(stop above candle high at 1.56 25 target at recent lows 1.53 80)

Stop hit
cable remains bearish on the daily chart, retracement into the 20ema / 50sma dynamic resistance area, waiting for another strong 'sell trigger'
4h moving averages may turn to bullish today

 

[Leia]

eur usd 4H trigger

2nd 4H shooting start just formed @ D20 dynamic resistance and last weeks high (which saw a significant sell off)

stop just above last weeks high @ 1.30 80, 30 pips risked for entry @ 1.30 50 with a target of recent lows @ 1.28 80 (170 pips reward R:R over 5 X, if it comes off)

 

[Leia]

Re: eur usd 4H trigger

2nd 4H shooting start just formed @ D20 dynamic resistance and last weeks high (which saw a significant sell off)

Order removed as entry price @ 1.30 50 missed by 8 pips and move now well advanced

 

[Leia]

eur usd 4H trigger to short

previous daily swing low may act as previous support turned resistance around 1.28 50 (also 50% retracement of last weeks down move)

4H 'shooting star' type candle printed at 10am this morning. trade set up to short at 1.28 40 (50% to reduce risk) with stop above high @ 1.28 85 and target of recent lows at 1.26 85

Risk Reward around 1:3 (45pips for 155pips)

Price just opened order (by 4 pips) and has now achieved target level

 

[Leia]

aud usd 4H trigger (Friday)

My daily and 4H indicators are long
Fridays 4H chart printed a trigger candle rejecting lower prices at 61.8% retrace of the weeks up move with an acceptable R:R if recent highs are achieved. However if recent highs are broken, price should move considerably higher

I have entered a long order @ 1.02 75, about 50% of the 4H trigger candle, with a stop below @ 1.02 30 (45pips risk) for an initial target of +100 pips (1.03 75) and an ultimate target of 1.07 00 (400pips, which if seen is nearly 10x risk)

Price hasn't moved much since Friday (probably due to US holiday) so I am still optimistic at this late stage that my entry level will be seen again before we move out of the present short term range

 

[Leia]

Re: aud usd 4H trigger (Friday)

Price hasn't moved much since Friday (probably due to US holiday) so I am still optimistic at this late stage that my entry level will be seen again before we move out of the present short term range

Order removed, price has broken out to the upside

 

[Leia]

EUR GBP 1H short signal rejecting D20ema

The 1H chart has just posted a candle indicating rejection of higher prices (which implies the daily 20ema is acting as dynamic resistance)

In line with the daily down trend, although 4H trend has changed, so only very low risk (15 pips) for retest of previous lows around 0. 82 30

Entry 0.83 10 stop 0.83 25

 

[Leia]

Re: EUR GBP 1H short signal rejecting D20ema

Entry 0.83 10 stop 0.83 25

Price has moved to twice risk (+30 @ .82 80), so stop to breakeven. Either it takes me out for NIL or it'll grind back down to back below the 2010 low

 

[Leia]

Re: EUR GBP 1H short signal rejecting D20ema

Either it takes me out for NIL or

Stop taken out for NIL (and moved above original stop, so a loss avoided on a no good trade!)

 

[Leia]

AUD USD 4H trigger

AUD USD has posted another 4H trigger candle overnight, rejecting lower prices showing dynamic support from the 4hour 20ema

30 pips risked (entry 1.03 80, stop 1.03 50) for 400 reward if 1.07 00 seen. Two major hurdles to break are descending trend-line and yesterdays high. If yesterdays highs are seen @ 1.04 50, R is just over 2, making this an acceptable R:R

 

[Leia]

Re: AUD USD 4H trigger

30 pips risked (entry 1.03 80, stop 1.03 50)

Price has achieved R=1 (+30 pips @ 1.04 10) so stop has been moved to break even

 

[Leia]

Re: AUD USD 4H trigger

Price has achieved R=1 (+30 pips @ 1.04 10) so stop has been moved to break even

This trade was stopped out, but a re-entry opportunity at the same level (1.03 80, initial stop at 1.03 50) was taken. Price has again moved past +30 (1.04 10) and the stop has again been moved up to break even