honeric01: new week on the prowl, may our plans be tradeable and green pips filled!

infofirst: ‘The first rule is not to lose. The second rule is not to forget the first rule.’,Making 20pips @ $10 each and losing 5 @ $10 each is still a profitable deal. Happi trading week pals

unclenna: GU MONDAY 13th Aug 2012 OUTLOOK
Friday trading for GU pair ended with a late bullish turn. The week ahead shows possible upward movement of GU as the bullish factors are still intact for this pair.

HOW WE WILL TRADE THIS PAIR AT MARKET OPEN ON MONDAY
1) We will wait for the market to retrace to the 1 hr 21-EMA. Any possible upward move after the candle touches the EMA will result to bullish entry for 40pips.

2) But if the candle breaks the 1hr 21-EMA, We will place a SELL trade for 40pips take profit.


In any direction the market price moves tomorrow we are sure of our pips.....Have a nice trading day ahead.

infofirst: Oh, still woke up as a newbie today but hope to learn sometin sha.for eu,on d 4h tf eu must move up to 1.2380 atleast b4 down continue and d 15tf says it has to go down till 1.2262/66 n least 1.225x.

The 1.2380 no be straight line oh, there will be many action n reactions at different levels and daily says eu must visit 1.2133 also, but as u know, d higher d tf,d more the waiting, so, 1.2133 might not be today cos as i v stated, 4tf gave d up for eu to 1.2380 yesterday n 15tf intercepted d price at 1.2322 that eu need to visit 1.226x/1.225x region first, so each time frame play out n we see different action and reaction n patience needed.

So, with this, i mean,with these few reasons out of many, even if i loss a trade, it definately must be a trade worth it cos i v a reason for taking it and at the end,if i loose,it will only give me d opportunity to identify my weak point n do better some other time.

To my fellow newbies, i say Good morning n happi pipsy day ahead, for d pro, same same.

Is somebody getting any sense in this nonsense?

infofirst:


The time is right for d journey to the bold message above, Plan ur trade n trade ur plan, happi pipping day.

Am not expecting much moves in the market today because of few high impact news......but anyhow we are waiting....Rumor may still push the market...

unclenna: Am not expecting much moves in the market today because of few high impact news......but anyhow we are waiting....Rumor may still push the market...

unclenna: GU MONDAY 13th Aug 2012 OUTLOOK
Friday trading for GU pair ended with a late bullish turn. The week ahead shows possible upward movement of GU as the bullish factors are still intact for this pair.

HOW WE WILL TRADE THIS PAIR AT MARKET OPEN ON MONDAY
1) We will wait for the market to retrace to the 1 hr 21-EMA. Any possible upward move after the candle touches the EMA will result to bullish entry for 40pips.

2) But if the candle breaks the 1hr 21-EMA, We will place a SELL trade for 40pips take profit.


In any direction the market price moves tomorrow we are sure of our pips.....Have a nice trading day ahead.

endfx1: Undecided yet for the majors just doing the watch game for now.

Good morning all...may the pips be with us all the week

unclenna: TRUE TALK...........I will trade as stated below:

unclenna: GU MONDAY 13th Aug 2012 OUTLOOK
Friday trading for GU pair ended with a late bullish turn. The week ahead shows possible upward movement of GU as the bullish factors are still intact for this pair.

HOW WE WILL TRADE THIS PAIR AT MARKET OPEN ON MONDAY
1) We will wait for the market to retrace to the 1 hr 21-EMA. Any possible upward move after the candle touches the EMA will result to bullish entry for 40pips.

2) But if the candle breaks the 1hr 21-EMA, We will place a SELL trade for 40pips take profit.


In any direction the market price moves tomorrow we are sure of our pips.....Have a nice trading day ahead.

unclenna: GU MONDAY 13th Aug 2012 OUTLOOK
Friday trading for GU pair ended with a late bullish turn. The week ahead shows possible upward movement of GU as the bullish factors are still intact for this pair.

HOW WE WILL TRADE THIS PAIR AT MARKET OPEN ON MONDAY
1) We will wait for the market to retrace to the 1 hr 21-EMA. Any possible upward move after the candle touches the EMA will result to bullish entry for 40pips.

2) But if the candle breaks the 1hr 21-EMA, We will place a SELL trade for 40pips take profit.


In any direction the market price moves tomorrow we are sure of our pips.....Have a nice trading day ahead.

X3n: G'morn my elders. I appretiate all u guys post and analysis, its rili helping in challenging the newbies like me to believ that this forex market can be analysed, it all depends on the interpretation of what the market is telling u. This is my own newbie position of the market today. EU is bearish, but I think it may be attempting a reversal, I vote for trend contnuation, so I'll be looking to go bearish once it goes down beyond the 1.2268 point. am targeting 10pips.
For Au, its bullish, so I'll go up @ any significant low, my eyes re on 1.0534. then for UJ, am still waiting no clear directions yet, but I may go up if the current support on the 1hr tf holds.
pls constructive criticism of these views are highly welcomed.

beejaay:
bros if you are targeting 10pips in the market, you shouldnt bother yourself much with the market direction/trend. all you need to do is look for when price is in exhaustive point on any higher timeframe and go back to 5min/1min to initialise your trade.

infofirst: Oh, still woke up as a newbie today but hope to learn sometin sha.for eu,on d 4h tf eu must move up to 1.2380 atleast b4 down continue and d 15tf says it has to go down till 1.2262/66 n least 1.225x.

The 1.2380 no be straight line oh, there will be many action n reactions at different levels and daily says eu must visit 1.2133 also, but as u know, d higher d tf,d more the waiting, so, 1.2133 might not be today cos as i v stated, 4tf gave d up for eu to 1.2380 yesterday n [b]15tf intercepted d price at 1.2322 [/b]that eu need to visit 1.226x/1.225x region first, so each time frame play out n we see different action and reaction n patience needed.

So, with this, i mean,with these few reasons out of many, even if i loss a trade, it definately must be a trade worth it cos i v a reason for taking it and at the end,if i loose,it will only give me d opportunity to identify my weak point n do better some other time.

To my fellow newbies, i say Good morning n happi pipsy day ahead, for d pro, same same.

Is somebody getting any sense in this nonsense?

bendazum: Now this is my trade idea for Monday being today.Earlier on I pointed out that market was BULLISH biased for EU.See below for my trade plan.

I placed a buy stop on EU @ 1.2310 ST is 1.2280 while TP is 1.2390.Let's see how it pans out.May the pips be with us.Cheers!

rozayx5: based on my earlier ABC system, 25 pips on EU , am closing the trade and taking a break men..

then another SELL signal i did not trade though, , simple pips daily for a newbie like me

simple isnt it, add BBands with the settings i discussed, put on your DDFX system and your good to go, once major and Bull bear is red and a newcandle closes below the break out of the band your sell shud be riding high, vice versa for a buy signal,


NOT=E DONT FOLLOW WHEN A HIGH IMPACT NEWS IS ABOUT TO BE RELEASED

Get your CSM to know when and read your forex factory calendar well, i think all the resources and efforts of traders on this thread is enough to get everyone moving fine, its not about systems but your emotions to follow the system, if i may be corrected?