10.2 Trades! Post up your trades here.

[kelisa]

something went wrong here

Your TP for AU looks a bit too much for a 2.5lot size, IMO.

[POH]

something went wrong here

I saw only AU and CADJPY: To LONG these 2 pairs, you have to wait a little longer for a deeper pullback, and see if price/candle goes back to breach 5.1 and close, then only u trigger your BUYS.(Again, check the SlopeStrength readings again b4 firing).

Thanks that helps a lot, i was in AUDJPY as well, but thought I would get out while still in profit (got out just before i took that). I've sort of been switching between the 10.2 and 10.2a templates to try get a safe entry, looks like CADJPY will be good for a long soon. It's bounced off the daily pivot in 10.2a and if it keeps going will get above 5.1 in 10.2.

[POH]

something went wrong here

Your TP for AU looks a bit too much for a 2.5lot size, IMO.

I thought it would be okay it around around 110pips from entry and well under monthly r1.

That is if we're talking about the same thing AUDUSD?

[kelisa]

Try to stick to a template u are comfortable with. Understand the entry rules and STICK to it.

Happy pipping with 10.2. Its the best system.

[Armen]

Observing crosses on CurrenceySlopeStrength can very profitable.
Just caught EURJPY and EURUSD jumping down the WP and MP.

CSS.jpg

EURUSD.jpg

EURJPY.jpg

[kelisa]

EU formed pennant earlier, CSSDiff indicated price floating -0.4, then just broke South.

[POH]

Thoughts on EURCAD and GBPCAD both below -.09 on H4, possibly wait for retrace to 5.1 then to break it?

[The_Snowman]

Thoughts on EURCAD and GBPCAD both below -.09 on H4, possibly wait for retrace to 5.1 then to break it?

No possibly about, that is what you must do, might be awhile, those 4 hour bars take some time to appear, or you could watch for smaller retrace to today's Pivot, see weak price action and sell.

[kelisa]

Thoughts on EURCAD and GBPCAD both below -.09 on H4, possibly wait for retrace to 5.1 then to break it?

Yes, usually I would wait for high volatility markets,, like LO open or NY open. Asian usually a little slow. I would place them in the basket, then when the market moves, WHAM! I trigger the basket and let it cook for couple of hours and come back and check it.

Again, wait for a larger retracement as price already moved quite a fair bit now.

[POH]

Ah ok thanks guys, I've never really been much one for entering on retracements (mainly because I didn't know) so I always got hammered when entering. Pitty I didn't see it back when the big move came, but I'm sure there will be more.