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Sorry, I post always with little words, simple, I want to say for one of the beginer who don't understand that current thread.
You have a good thread going here. You are dedicated to it. There is ample proof that your system is working well and making good money. If there is fighting and conflict around, people like myself will loose interest in your thread. Play the ball, not the player. We want to watch soccer, not boxing!
Hello, HFT. Congratulations on a well studied trade analysis.
As per discussion on this trade and my past analysis, this was a GREAT sell. As I explained earlier on my last post. I followed the TRADE PLAN to book and this was the results.
I went short at 1.9930
Stop loss 1.9955 -- (25 pip stop)
and Just right now at 7:45 am, I exited at the 1.9855.
A total profit of +75 pips.
See you guys later.
__________________
Remember:
What makes money on a real METHODOLOGY, is the SYNERGY of the right indicators, and the correct INTERPRETATION of the trader. Be part of our exclusive community at www.ForesightFX.com. Markets can be Predicted: www.ForesightFX.com/squeeze1
as you can see, all of this targets were reached. these are based on a the hour chart. So, the way I use it is like this:
Since they were reached and penetrated, a possible retracement might develop. So, as you can see a consolidated activity has been happening since the last 2 sessions.
So, my possible sell opportunity might be developing. You could short the market as you stated and place the stop as you planned, it is under the analysis sell parameters.
Personally I'll be waiting for the London open. I'll be expecting a reaction to the up side, because tof the stop loss hunt activity that always happen at this time. Then I'll be looking to short the market at this levels. ( please, confirm them with IDT, since I heve not subscribe to it) :
This prices, are the best low risk sell points, as soon as I confirm them with my other indicators and the RSI 5 min. But wait for the Open of Frankfurt and then London, before taking any position. Then I'll place the stop just above the 1.9952. Risking only 15 - 20 pips.
as you can see, yes we coinside with our different system analysis to go short, but each one of us has his own criteria to pull the trigger. This si the beauty of joining forces and intelect with one goal in mind. Make $$$ risk the minimum.
Over and Out.
Glade you have you back... Please don't abanded us again.
Glade you have you back... Please don't abanded us again.
Peace Out
HI, PEACE, Sorry for not been able to post, just been too busy..... "SCAMMING PEOPLE"
No, seriously now . I'm glad to see you, and hope you profit from this last trade as well.
Take care.
__________________
Remember:
What makes money on a real METHODOLOGY, is the SYNERGY of the right indicators, and the correct INTERPRETATION of the trader. Be part of our exclusive community at www.ForesightFX.com. Markets can be Predicted: www.ForesightFX.com/squeeze1
HI, PEACE, Sorry for not been able to post, just been too busy..... "SCAMMING PEOPLE"
No, seriously now . I'm glad to see you, and hope you profit from this last trade as well.
Take care.
I wish I did, but the honesty is I still need to fund the account with my broker. But your input for the mid and long term is very help full to me. I always look forward to it. And lately I was not able to SCAM People here the F*&^%$ are getting to smart. I should be all ready hoping tomorrow..
Nice forecast for today but no RSI signal
Will wait Monday....
Have a nice weekend!!!
06.07.2007 for Friday 08 (New York time)
(super intraday)
- 01:30 am - 05:50 am (06.08.2007) - sell
- 08:20 am - 08:50 am (06.08.2007) - sell
"+++" - pluses - means without trade-risk.
------------------------------------------
(intraday)
- Down trend
- sell zone 1.9778-1.9856
- stop 1.9896
- target 1.9661
------------------------------------------
+117 pips very cooooool day
Hey JoZo, our second rule to use trade zone if not RSI, I sold at 1.9778 and closed at 1.9661, I always open two trades based on RSI and on sell or buy zone.