Seeking consistency

[Leia]

cable long

daily & 4H trends are up (red:20ema above blue:50sma)
4H candle just printed 'hammer' pattern, indicating 4H 20ema holding as dynamic support
entry @ 1.58 10 with stop @ 1.57 85 (35 pips risk)

if price can get through descending trend line 1.58 50 and previous daily SW Hi 1.59 00, may see rally back to November highs around 1.61 50

 

[Leia]

Gold long

daily and 4H trends are up
Yesterdays Inside Bar break (to the up side) offers an entry back into the recent strong up move. However if this is the start of a more significant retracement then its not going to be a particularly clever entry
1740 entry
1710 stop
long term target 2000 area

 

[Leia]

Re: cable long

entry @ 1.58 10 with stop @ 1.57 85 (35 pips risk)

Price moved up quickly, hitting +35 pips, so stop moved to breakeven
Trade closed as price retraced to break even = NIL pips

 

[Leia]

AUD USD 4H trigger

4h chart and Daily chart are in strong uptrends
if price can continue upward there is little to stop it breaking above 1.10 again

on the 4h chart the mast two candles added together (so thats the last 8 hour candle!) form a 'hammer' type trigger signal, offering a potential long entry 1.07 70, stop 1.07 30 (risk -40 pips), target 1.10 70 (reward 300 pips) R=7.5

price needs to retrace quite substantially from current levels to allow this order to open

 

[Leia]

eur usd 4H trigger

similar to aud usd, euro offers trigger into its strong up trend with little overhead resistance to 1.35 50
entry 1.32 40, stop 1.32 10 (risk -30pips) reward 310 pips. R=10

 

[Leia]

Re: AUD USD 4H trigger

potential long entry 1.07 70, stop 1.07 30 (risk -40 pips), target 1.10 70 (reward 300 pips) R=7.5

Trade opened and stop hit over night -40pips

 

[Leia]

Re: eur usd 4H trigger

entry 1.32 40, stop 1.32 10 (risk -30pips) reward 310 pips. R=10

trade order opened and price moved to +30 pips so stop moved to breakeven
stopped out at breakeven on retrace = NIL pips

 

[Leia]

cable 1H trigger

GBP USD has printed a 1hour hammer type candle at a previous daily support and resistance level, which offers a very low risk order opportunity (if it works!)

Entry 1.58 00, stop 1.57 65 (risk -35 pips) target 1.61 50 (reward 350pips) R= 10

 

[Leia]

Re: cable 1H trigger

GBP USD
Entry 1.58 00, stop 1.57 65 (risk -35 pips) target 1.61 50 (reward 350pips) R= 10

Price broke 1.57 35 (matching the level of risk) and I moved my stop to breakeven.
Subsequently taken out for NIL pips

 

[Leia]

nzd usd daily setup

I am watching this pair for a long trigger on the 1H, 4H or daily timeframe
price has retraced 61.8% of its previous up thrust
it is at the bottom of its established daily up channel
it is just above its daily 20ema (potential dynamic support level)
probably nothing going to happen this week

 

[Leia]

EUR USD weekly setup

Which way from here
Weekly trend is down (red 20ema below blue 50sma) and gap is widening
price has rejected dynamic resistance of red weekly 20ema ma trend line
price has retraced 38.2.% of its last weekly down wave
price is at a previous level of weekly support and resistance

 

[Leia]

eur usd 4H trigger long

both daily and 4hour trends are up
price has retraced 61.8% of last weeks up move
a 4H candle has just printed indicating rejection of lower prices and support of the daily 20ema (red) dynamic resistance level
the daily chart has the beginnings of an upward channel formation
order to enter long @ 1.31 55 with a stop below the candle low 1. 31 25 (-30risk) target recent highs last week of 1.33 00 (245 reward) R=4.8

 

[Leia]

Re: eur usd 4H trigger long

order to enter long @ 1.31 55 with a stop below the candle low 1. 31 25 (-30risk) target recent highs last week of 1.33 00 (245 reward) R=4.8

order removed when price reached 1.32 05 (+60pips or 2X risk)

 

[Leia]

aud usd long

daily timeframe long, 20ema holding as dynamic support around 1.07 25
4H timframe is indicating short (ma order), but has printed hammer shape candle indicating potential strength at daily 20ema
order placed with entry 1.07 75 (50pip risk) 1.07 25 stop and target at previous highs of 1.10 00 (225 pip reward) R=4
However if price action indicates this to be too ambitions a target, last week high of 1.08 40 gives +65, just over R=1

 

[Leia]

Re: aud usd long

order placed with entry 1.07 75 (50pip risk) 1.07 25 stop and target at previous highs of 1.10 00 (225 pip reward) R=4

Order has been opened and price has subsequently moved to 1.08 25 (+50). I have therefore moved my stop to breakeven and will decide on how to trail it depending on the price action if it reaches this weeks highs of 1.07 70

 

[Leia]

Re: aud usd long

depending on the price action if it reaches this weeks highs of 1.07 70

Decisive break and now retracing. 4H support looks to be 1.07 45, so I have moved stop up to 1.07 30 (locking in 55pips, 1 X risk)

 

[Leia]

nzd usd daily setup long

daily trend is up. 4H is ranging (ma's flat and frequently crossing)
last daily candle was 'hammer-like' indicating rejection of lower prices and that the D20ema is acting as dynamic support for price
I have placed an order long @ 50% of yesterdays candle, which I will cancel if this weeks highs are taken out
Order to open long @ .82 90 stop .82 40 (risk=-50pips) target Aug'11 highs .85 50 (reward=+260pips) R=5

 

[Leia]

precious metals LONG daily set ups

Yesterdays candles for Gold and Silver indicate strong rejection of lower prices and that the Daily 20 exponential moving averages (red) are acting as dynamic support

Anticipate price moving sideways / higher over the next week providing it remains above yesterdays low

 

[Leia]

Re: nzd usd daily setup long

I have placed an order long @ 50% of yesterdays candle, which I will cancel if this weeks highs are taken out

Mondays trading has seen price 84.27 surpassed last weeks highs 84.20 and so I have cancelled this order

 

[Leia]

AUD CAD daily confluence

daily trend is up (4hour is down)
price is retracing toward 38.2% fib of previous major daily up swing (Nov - Feb)
previous daily swing low at 1.05 90 (30Jan12)
ascending trend line (23Nov11, 29Dec11) 1.05 60

watching for price to enter the yellow box and price action on 4hourly & or daily time-frame indicating strong rejection of lower prices, providing an entry trigger back into uptrend to recent highs at 1.07 80
all time highs of 1 10 40 (Nov 96)