Beginning this diary to post transactions, exchange ideas and suggessions
on trading the exotic g/y pair.
Peace!
https://www.nigeriaforextrading.com/attachments/1527823668.jpg
Type: Posts; User: kimvimi
Beginning this diary to post transactions, exchange ideas and suggessions
on trading the exotic g/y pair.
Peace!
https://www.nigeriaforextrading.com/attachments/1527823668.jpg
There was 6hrly trends, If the daily trend was down, could have
made more money by leaving leaves at S1
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got the news entry properly - want to reduce amt to 10 percent for
news entry too.
Left too premature - margin too low!!
Small loss - insignificant - but mistakes to be mentioned.
...
Breakout trade - shut exit - I woke up in the morn and had been shocked
prices simply came to my depart and reversed.
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The breakout over previous day high
No brainer trade.
The movement wasn't strong enough. It did breakout though.
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Need to put price alerts - consistently!
Charge that cell phone.
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Normal trades. The reduction is valid
the upward motion cpp to r1 was lost. Need to unwind to10 pips
for cross movements accross pivots.
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Feb 06 2011
Need to wait around for 1 atr over pivot line before getting in on a cross commerce!
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Feb1st trade, This transaction was an early morning news event pickup from an entry.
It is a pivot pt commerce - NOT a news commerce. Just that it had been entered during a news event
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Nice.
Should have obtained in for another ride from pivot down.
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then there are issues once the direction changes - lost 5 percent
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Nothing occurs after all that....
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Right place - right time.
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this trade - notice there are 2 entrances. The trade moved
contrary to the fist entry for a while. Didn't exit since the separation
b/w rally and r1 was little (lt;100pip) - took that risk and...
The trend was simple to predict.
Have to stop entering b/w pivots.
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poor trades.
Believed the trend was down and it moved up.
A demanding afternoon to exchange. With experience which needs to be adjusted.
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exited using profit.
Good direction. Even thojugh the stop loss pt was being tested by it, it delivered.
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This is an easy picture best trade!
It doesn't get any better than this in real trading. THe fad direction was down.
Waited until price alerts went off if prices hit CPP entereed short. ...
Employing number from the former illuion
Candle stick max for 10/22/08 = 168.
Candle stick max for 10/23/08 = 161.
So
Max ceiling = 168 161/2 = 164.5.
Stop Limit = 164.5 5.0...
Current Strategy uses maximum ceilings (in case of downward trending pair) as
a fair guesstimate utilizing chart watching the daily
and hourly candlestick patterns and attempting to speculate...
Researching for last few days with futures advice, it unlike in the case of shares does not appear to be a
significant forecaster for the forex market.
Need to take the preceding blog on...
The web site below shows the futures for several major Currency Market pairs and
appear to signal a sharp drop for Nov 20th(tomorrow).
G/y pair futures contract is conspicuously missing. A...
Max Ceiling (famous ) for today is 160.95(or even 161 rounded off).
Ghadeer, there's no means of knowing the maximum ceiling accurately as the
ceiling itself is a range. The only advice I...
Lost patience and exited near S3 in 153.8 and pip profit amounts to 163.5-153.8~920pips.
Near 38% profit on balance.
Had to alter my leaves as volatility reduced mostly due to upcoming
non-farm employment alter news. Together with atr(10) hovering around 7.5,
departure is at 153.
However the ceiling...