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| 10.4/10.5 trades only https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=2137 |
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| Author: | 6y588 [ Fri May 17, 2013 3:39 am ] |
| Post subject: | Re: 10.4/10.5 trades only |
Is this a late entry for EJ as RSI has bottomed and golden rod has appeared on the trade setup? |
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| Author: | kwanann [ Fri May 17, 2013 5:15 am ] |
| Post subject: | Re: 10.4/10.5 trades only |
Some of my trades today.. so far still -ve |
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| Author: | pips400 [ Fri May 17, 2013 9:10 am ] |
| Post subject: | Re: 10.4/10.5 trades only |
Hi Kwanann Sorry if I'm missing something here, but I'm not sure why you entered on some of your trades. On the EURUSD the RSI isn't OB and the CSS isn't in goldenrod or green, so I'd be waiting for more or a rally before the downturn. Same thing but reverse for the USDCHF. Pips400 EDIT: On the I hour there is goldenrod for the EURUSD at the moment, but I see price action to the left in accummulation for the last 48 hours, so it's a tough call for me, could go either way. |
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| Author: | TraderDesk [ Fri May 17, 2013 9:17 am ] |
| Post subject: | Re: 10.4/10.5 trades only |
I am still bias from yesterday for a high in price with GBPJPY by close of trading tonight. With my analysis I show some event is bound to cause some volatility this evening Europe time. We will see... My trade is to buy and take profit at 157.20-40 area and 157.70-00 area if/when this price volatility occurs... If price goes below 155.50 then I will re-evaluate my outlook... |
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| Author: | nicoacademia [ Fri May 17, 2013 10:04 am ] |
| Post subject: | Re: 10.4/10.5 trades only |
Abe is jawboning as we speak. http://www.forexlive.com/ (news here) i'm also waiting for profit release in the EURJPY GBPJPY pairs. they have consolidated IMO for this whole week. its a bb(20) 1 std and 2 std. i hardly post any setup because i've got lots of stuff on it. EDIT:from an intraday perspective. GBPJPY has the crown of death on the 15m. looks like we're gonna thrust down somemore. |
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| Author: | bernard [ Fri May 17, 2013 10:57 am ] |
| Post subject: | Re: 10.4/10.5 trades only |
It may thrust down or may not. The price is sitting on the h4 Channel. Usually it repels penetrations. Lets see! Bernard |
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| Author: | hoek_NL [ Fri May 17, 2013 1:32 pm ] |
| Post subject: | Re: 10.4/10.5 trades only |
Cable 10.5 never made it back to WP or WMS1... pending sell @ WS1 got activated while CSS still gold, next pending @ WMS2 just got triggered as well... TP @WS2 i'm used to trading the 5m so letting them run is a pretty hard thing to do... have a fab weekend all |
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| Author: | nicoacademia [ Fri May 17, 2013 2:06 pm ] |
| Post subject: | Re: 10.4/10.5 trades only |
o come all ye faithful. spike down into ka$ching. captain jack calls it games of the fox. with 10.4 its more stabilised. |
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| Author: | yamez [ Fri May 17, 2013 3:23 pm ] |
| Post subject: | Re: 10.4/10.5 trades only |
GPBUSD as per 10.4. RSI 2 upper flat, MA 240 short, not too far from MA, enter pending stop order on nearest daily pivot. Goldenrod CSS at time of pending. My broker is not showing my trade!! Upgrade to a new server on the weekend, FX Primus ECN. |
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| Author: | Staedtler [ Fri May 17, 2013 8:28 pm ] |
| Post subject: | Re: 10.4/10.5 trades only |
I'm long gbpjpy kinda premature, but RSI2 is showing more strength for the bulls than bears if we break 156.77, we will see clear up to 159, so i'm holding over the weekend and through next week. we've got CPI for the GBP on tuesday.. but the GBP is resilient and seems to come out of it's funk pretty quick so i'll hold position and see what happens. we also have JPY Bank of Japan Rate Decision (MAY 22). like i said, i'll hold off and see how the market reacts |
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