What do you mean? U took this same setup long? If so, can u explain me why?intcust » Fri Jul 04, 2014 4:57 pm wrote:fuzz I took this one long hope it works better than my eu trade in short I agree
regards
What do you mean? U took this same setup long? If so, can u explain me why?intcust » Fri Jul 04, 2014 4:57 pm wrote:fuzz I took this one long hope it works better than my eu trade in short I agree
Thanks for the reply intcustintcust » Fri Jul 04, 2014 7:20 pm wrote:Fuzz
I saw on I think the one hour that we had reached a new high and then consolidated. It seemed to be in the middle of the a move to the up side. So when price came back in the consolidation I took it long. All the stuff you have on your charts in not naked trading and not what CJ teaches here. I back the charts way out on the zoom last setting or so and just look at it. you can see the moves and the consolidation pretty clearly then. It did not work so well on the e u last week some times you loose that is part of it. That is why CJ best contribution and there are a lot is money management and adding more trades. He takes a 100 pip run and get 250 pips and keeps his losses to 50 pips and look the return, with that kind of risk to reward you can be right one out of four and still make money.
My price map for G/Ukwittusen » Mon Jul 07, 2014 7:47 am wrote:I have to agree with Fuzz, i think your taking the wrong trade here Intcust, there are to many signs showing a drop on GBP/USD, there are signs on both H1, H4, and D1 i would not say it's in a upper accumulations phase, rather a down phase.
But time will tell, tomorrow there are data from GB and it's not hard to guess that MM/Fox will use them to move the market with a spike.
Totally agree with you and i took the liberty to take ur screenshot and place where the entry was for me and where i think other should have placed it, i also entered last week short on this due to what i wrote in earlier post, signs on both H1,H4 and D1.daggerfall » Tue Jul 08, 2014 8:32 am wrote:My price map for G/Ukwittusen » Mon Jul 07, 2014 7:47 am wrote:I have to agree with Fuzz, i think your taking the wrong trade here Intcust, there are to many signs showing a drop on GBP/USD, there are signs on both H1, H4, and D1 i would not say it's in a upper accumulations phase, rather a down phase.
But time will tell, tomorrow there are data from GB and it's not hard to guess that MM/Fox will use them to move the market with a spike.
Let's see am right
I have also a map for E/U but I will send this later
kwittusen » Tue Jul 08, 2014 9:17 am wrote:Totally agree with you and i took the liberty to take ur screenshot and place where the entry was for me and where i think other should have placed it, i also entered last week short on this due to what i wrote in earlier post, signs on both H1,H4 and D1.daggerfall » Tue Jul 08, 2014 8:32 am wrote:My price map for G/Ukwittusen » Mon Jul 07, 2014 7:47 am wrote:I have to agree with Fuzz, i think your taking the wrong trade here Intcust, there are to many signs showing a drop on GBP/USD, there are signs on both H1, H4, and D1 i would not say it's in a upper accumulations phase, rather a down phase.
But time will tell, tomorrow there are data from GB and it's not hard to guess that MM/Fox will use them to move the market with a spike.
Let's see am right
I have also a map for E/U but I will send this later
I agree