Intraday FX Player

Discussion in 'Journals' started by CFerret, Mar 26, 2008.

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  1. Will
    Swing Trade a good one
    Buying EURJPY at 165.5 to 164.8

    Target 1.7120 to 1.72

    Good enough? for a month?

    one more

    EURNZD

    Buy at 2.0550 to 2.036

    Target 213
     
    #4281     Jul 16, 2008
  2. Hi Kal,

    hey man, can't judge I am the student here :)
     
    #4282     Jul 16, 2008
  3. baron193

    baron193

    Are you serious brother, buy EUR/JPY....now?????
    you didn't mean sell, did you?
     
    #4283     Jul 16, 2008
  4. Hi Baron.
    Buy EUR/JPY..it not a sell
    heading to 171
    Unless there is somthing u see That I do not
    why would it be a sell here?
    TIA
     
    #4284     Jul 16, 2008
  5. A simple top where intraday TL meets Daily - didn't expect such a no-brainer gift! The reason I chipped in that I was top fishing was because it was ATM time and it has not disappointed.

    I have a friend who is an excellent trader and he wouldn't be seen dead using a TL. It's just another tool that like everything else... works... if you master the art. He has enough tools to make a lot of money so I'm not saying it's a must that you do this or that, only that it works.

    The beauty about recognising mature cycles is that you can see a major reversal is on the cards so the shakeout doesn’t hit you - and it sure got whippy. Another benefit is that you can get short 1-4 pips from the high and roll it into a position hold on the daily.

    You can see the power in these old TL's from the last chart and the 1 Hr gave us a neat ABC. A good few hundred pips in 3 days and lots of intraday goodies if you were hungry and capable - money for old rope.

    Ok... demanding to master and then it's money for old rope.
     
    #4285     Jul 16, 2008
  6. Hello guys,

    3 small losses (51pts in total), in a market behave totally like the day before yesterday (which was quite tradeable). Got more aggressive in entries, and stops... bad move, guess this is the process or one step forward and two steps back..

    Not too hot at winning % (actually not hot at all :D ) , R/R reduced to 3.57 for the last two weeks, until the next win :)
     
    #4286     Jul 16, 2008
  7. Morning all!
     
    #4287     Jul 17, 2008
  8. cvds16

    cvds16

    good morning, a bit confused here on the hourly, this looks like a bear flag to be forming, however on a bit bigger picture you can also see a triangle, so maybe this could still breakout to the upside
     
    #4288     Jul 17, 2008
  9. cvds16

    cvds16

    on second thought, the 4H does not so much look like a triangle but more like a bull flag. Both contradictory things, let's hope for a quik breakout either way.
    The end result is as CF likes to call it: a mess !
     
    #4289     Jul 17, 2008
  10. CF and other Forum Traders

    Guys This really will help even with day Trades

    word file w/ charts
    Print and stick on your office
    It's working with me guys


    System Output of Fair Values with dates
    If Below Red @ Date then Buy
    Above Red Sell
    Error Points are very rough estimates
    GBP/USD Correcting Big time from 2.02
     
    #4290     Jul 17, 2008
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