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  #661 (permalink)  
Old 07-21-2008, 11:12 AM
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Good morning all,

Valeo i sent you a PM. I was reading over your thread and thought i would check your method out. I attached an entry i took a few minutes ago. My chart refreshed so the H1 and H4 aren't how they were a few minutes ago. I have to admit i'm still trying to learn the nuances of your entries over the different time frames. If you could comment i would appreciate it.

Best,

cl
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File Type: gif valeu entry 72108 gbp.gif (24.8 KB, 157 views)

Last edited by clahn04; 07-21-2008 at 11:16 AM. Reason: wrong pic posted..
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  #662 (permalink)  
Old 07-21-2008, 12:38 PM
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Quote:
Originally Posted by clahn04 View Post
Good morning all,

Valeo i sent you a PM. I was reading over your thread and thought i would check your method out. I attached an entry i took a few minutes ago. My chart refreshed so the H1 and H4 aren't how they were a few minutes ago. I have to admit i'm still trying to learn the nuances of your entries over the different time frames. If you could comment i would appreciate it.

Best,

cl
Too late BRO ! TOO LATE !!

And when the cci makes his first green bar ? What ! You were sleeping ?
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Old 07-21-2008, 12:47 PM
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Yea i was....I'm in Central Time....London open is 1am here...i was up at 4...took eurjpy long and that went well...i B/E on gbpusd because i didn't like the price action....in hindsight i guess the indicators were telling me that i just didn't realize it lol...anyways, i'm still learning this.

Best,

cl
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Old 07-21-2008, 02:00 PM
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Originally Posted by clahn04 View Post
Yea i was....I'm in Central Time....London open is 1am here...i was up at 4...took eurjpy long and that went well...i B/E on gbpusd because i didn't like the price action....in hindsight i guess the indicators were telling me that i just didn't realize it lol...anyways, i'm still learning this.

Best,

cl
Damn !

No luck this time !
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  #665 (permalink)  
Old 07-21-2008, 02:49 PM
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Well said Joe..........

Joe I could not have said it any better. Thanks for enlightening him.

Best wishes.
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Old 07-21-2008, 02:51 PM
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Gbp/jpy

Joe, how was the 70 pips on gbp/jpy this morning? 12h20 entry.

Best wishes.
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Old 07-21-2008, 03:05 PM
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Joe, how was the 70 pips on gbp/jpy this morning? 12h20 entry.

Best wishes.
Was good

We got the same timing
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Old 07-21-2008, 04:40 PM
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Too late BRO ! TOO LATE !!

And when the cci makes his first green bar ? What ! You were sleeping ?
Thanks for the feedback. From the pdf and thread I think I understand what you mean now.

Best,

cl
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  #669 (permalink)  
Old 07-22-2008, 12:22 AM
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Question about the long yesterday (see clahns post)

I took the long yesterday at the right moment for me, somewhat after the diamond, the ideal entry for me being the close of the "retracement" candle to the EMA8 after the longest long candle on clahns's M5 chart.

Now I was fairly hasty about my exit, and it looks very much like hanging in for the ride after 1.9965 would have been a bad idea particularly because of the EMA's on the H1 chart appearing on the M5, but also the impending news on UK house prices which are a stickler for negative sentiment these days. Last week, these held and a short was created, so this was not going to be a 100 pips long from where I was standing, even if a higher high was reached late afternoon.

I'm very grateful and glad for this insight and hope others took out their pips without being too greedy for the further break north after 1.9665 which was not available. In fact I did exit at 1.9656 because it was a major resistance from earlier. So cautious meant more pips for once.

Good luck today.
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Old 07-22-2008, 07:43 AM
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Originally Posted by suk1000k View Post
I took the long yesterday at the right moment for me, somewhat after the diamond, the ideal entry for me being the close of the "retracement" candle to the EMA8 after the longest long candle on clahns's M5 chart.

Now I was fairly hasty about my exit, and it looks very much like hanging in for the ride after 1.9965 would have been a bad idea particularly because of the EMA's on the H1 chart appearing on the M5, but also the impending news on UK house prices which are a stickler for negative sentiment these days. Last week, these held and a short was created, so this was not going to be a 100 pips long from where I was standing, even if a higher high was reached late afternoon.

I'm very grateful and glad for this insight and hope others took out their pips without being too greedy for the further break north after 1.9665 which was not available. In fact I did exit at 1.9656 because it was a major resistance from earlier. So cautious meant more pips for once.

Good luck today.
Dear SUK,

Remember that if you make 10 pips EVERYDAY, one day you will making some serious money.

Best traders of the world take some time to make their millions.

Ed Seykota turned $5,000 into $15,000,000 over a 12 year time period.

Bruce Kovner took Two-thousand dollars turned into $1,000,000. dollars in 10 years.

Mark Weinstein who quit selling Real Estate and turned $20,000 into 1.4 million in 5 years.
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Last edited by Big Joe; 07-22-2008 at 07:48 AM.
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