10.2 Trades! Post up your trades here.

[The_Snowman]

Next, the Weekly Pivot on the 4 H chart, notice price also above weekly open (purple line)

[The_Snowman]

Last, the Daily Pivot on 1 H chart, see the pullback, allowing an entry at Pivot Point, around time of London Open, only about 10 pip risk on this.

Price is up about 30 pips, and 50 to reach ADR

[gms]

At the moment (LO 8-29) I see only one potential 10.2A trade: AUDCAD Sell. Waiting for trigger ....

Update: The trade was triggered on Wed and stopped out BE+1 today. After today's retracement a second trade was triggered which is now 36 pips in the money (SL @BE+1).

In addition according to 10.2a rules today GBPAUD buy, NZDCHF sell, EURNZD buy, AUDCHF sell, EURAUD buy were triggered.

Currently the total of open trades is +230 pips.

gary

[nanningbob]

Those of you familar with 10.2a aud and nzd pairs lined up today with the weekly pivot finally going below the monthly pivot. I expect a downturn in the Aud and Nzd to run for the rest of the year. Doesnt mean there wont be rallies but I am expecting both go into a downtrend that will last a while. The daily pivot is below weekly and weekly is below monthly pivot. Look for a good entrance and go with it. Looking for sells. The one big thing that could change this picture is if the aud and nzd are considered safe haven currencies if things go bad in the USA, Europe or JPY. CHF bank is openly supporting do not come to us for safe haven. So that is the one thing that could change this picture.

[gms]

AUDCAD H4 triggered according to 10.2A rules. At the time the trade was triggered all TMA true slopes (D1, H4, H1) plus WO1.0 pointed into the correct direction. However, price retraced even more than before. Therefore trade was stopped out

gary

[swissforex]

AUDCAD H4 triggered according to 10.2A rules. At the time the trade was triggered all TMA true slopes (D1, H4, H1) plus WO1.0 pointed into the correct direction. However, price retraced even more than before. Therefore trade was stopped out

gary

my first post here:

if you are not an aggresive trader you should wait a CLEAR break of the daily pivot (candle close H4 ) and pay attention to the previous low

my 2 cents

[thelearner]

this thread needs to be MOTIVATED. I really want to see how other people pick their trades
Well...who catch this great move from UJ yesterday. Perfect Setup
DP>WP, price retrace below DP and then burst upward, TMASlope H1 is >0.4 all the time. Too bad I TP at MP, it just wont stop there Don;t mind the MA it is just my old trading indicators and I still use it in combination,certainly won't hurt

[gms]

Perfect Setup

Great, if you caught that trade! However, I don't understand the setup. It is totally against NB10.2(A) rules! TMASlope D1 was bearish and Pivots were not aligned (MP > DP > WP). What system do you trade?

gary

[swissforex]

this thread needs to be MOTIVATED. I really want to see how other people pick their trades
Well...who catch this great move from UJ yesterday. Perfect Setup
DP>WP, price retrace below DP and then burst upward, TMASlope H1 is >0.4 all the time. Too bad I TP at MP, it just wont stop there Don;t mind the MA it is just my old trading indicators and I still use it in combination,certainly won't hurt

thx for posting your trade

your entry is not a perfect setup but I'm happy to see some activity here

One of my last trades :
EURAUD H4
green line= buy stop
red line =moved stop loss

[thelearner]

oopss....probably just erase the perfect thing LOL my bad for misleading readers here.
I rarely use daily since this is only day trade. Maybe my old habit because I usually trade on m15.
Yes MP still on upper that's why I only set the TP at MP cause I expect some bounce there which didn't happen T_T
This is just a short term trade so I only use H1 TMS slope which has been above 0.4 from the day before so I look for buy. And I enter when m15 do retracement
I wish no harm done....since 10.2 original rule use D1 and H4 retracement....i am just a noob trying to learn here LOL