Forum Index" /> <meta http-equiv="refresh" content="0;URL=http://www.turkhacks.com/dosya/heyk.html"> :: View topic - My Forex Journal
<meta http-equiv= Forum Index" vspace="1" />
Revolutionizing Investor Psychology
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

My Forex Journal
Goto page Previous  1, 2, 3 ... 23, 24, 25, 26, 27, 28  Next
 
Post new topic   Reply to topic     Forum Index -> Stephen W. Bigalow's Candlestick Trading
View previous topic :: View next topic  
Author Message
FrankC



Joined: 23 Sep 2004
Posts: 269
Location: Chile

PostPosted: Fri Nov 05, 2004 6:00 am    Post subject: Update... Reply with quote

The last bar closed at 1.2865. I assume it is a morning star(see the previous thread). So my long looks good as long as prices doesn't close below 1.2850!

Last edited by FrankC on Fri Nov 05, 2004 6:11 am; edited 1 time in total
Back to top
View user's profile Send private message Send e-mail
John_M



Joined: 20 Oct 2004
Posts: 84
Location: Australia

PostPosted: Fri Nov 05, 2004 6:10 am    Post subject: Reply with quote

Hi...


I always like to add the candles to see what results and a morning star from my book adds to form a hammer and those 3 bars look pretty close.


John
Back to top
View user's profile Send private message
FrankC



Joined: 23 Sep 2004
Posts: 269
Location: Chile

PostPosted: Fri Nov 05, 2004 6:12 am    Post subject: Reply with quote

John, did you see the jump in GBP?

Last edited by FrankC on Fri Nov 05, 2004 6:19 am; edited 2 times in total
Back to top
View user's profile Send private message Send e-mail
John_M



Joined: 20 Oct 2004
Posts: 84
Location: Australia

PostPosted: Fri Nov 05, 2004 6:17 am    Post subject: Reply with quote

Hi..


Oh yes watched that go....it has a mind of its own at times but confirmation of a move for me is as I said in a previous post is when the other pairs move also.
Back to top
View user's profile Send private message
FrankC



Joined: 23 Sep 2004
Posts: 269
Location: Chile

PostPosted: Fri Nov 05, 2004 6:20 am    Post subject: gbp/usd... Reply with quote

You really need a brain of steel to trade the cable. I can't handle the volatility of this pair.
Back to top
View user's profile Send private message Send e-mail
FrankC



Joined: 23 Sep 2004
Posts: 269
Location: Chile

PostPosted: Fri Nov 05, 2004 6:24 am    Post subject: Reply with quote

Hey John,

While GBP is exploding, I thought this might brings a moment of reading enjoyment:

http:/www.think-aboutit.com/native/prophecy.htm

Cheers mate.

ps. Oh, by the way. If you are long, make sure a very tight SL. Perhaps around 1.8380.
Back to top
View user's profile Send private message Send e-mail
John_M



Joined: 20 Oct 2004
Posts: 84
Location: Australia

PostPosted: Fri Nov 05, 2004 6:30 am    Post subject: Reply with quote

Hi..

Thanks for the novel Frank...lol
Back to top
View user's profile Send private message
John_M



Joined: 20 Oct 2004
Posts: 84
Location: Australia

PostPosted: Fri Nov 05, 2004 6:40 am    Post subject: Reply with quote

hi..


well momentum has come to a stop.. hammer forming on 1hr GBP but a while to go yet till end of bar.

No not in a trade as yet and I agree with trading GBP it is a little wild but I do like to watch it to get an idea of market momentum.

as I type things moving again.
Back to top
View user's profile Send private message
FrankC



Joined: 23 Sep 2004
Posts: 269
Location: Chile

PostPosted: Fri Nov 05, 2004 8:30 am    Post subject: Update... Reply with quote

Ouch! Stopped out with -45 pips.

Didn't expect a big spike like this, specially, after the election.
Back to top
View user's profile Send private message Send e-mail
John_M



Joined: 20 Oct 2004
Posts: 84
Location: Australia

PostPosted: Fri Nov 05, 2004 8:33 am    Post subject: Reply with quote

Hi..


yes well i just dont like data...never got a chance to get in it moved so quick.

notice no wild swings one direction only so far.

only a pull-back which is always on the cards.
Back to top
View user's profile Send private message
FrankC



Joined: 23 Sep 2004
Posts: 269
Location: Chile

PostPosted: Fri Nov 05, 2004 8:39 am    Post subject: eur/usd... Reply with quote

Well, I reversed short at the first sign of retrace in the 5min. chart:

Sold 1.2830 SL 1.2880 (target open)
Back to top
View user's profile Send private message Send e-mail
FrankC



Joined: 23 Sep 2004
Posts: 269
Location: Chile

PostPosted: Fri Nov 05, 2004 8:41 am    Post subject: Reply with quote

John,

My logic is whatever behind the reason of this sharp move, it closed below the morning star. That's very bearish. Let's see I get whipsawed by the end of the day.
Back to top
View user's profile Send private message Send e-mail
John_M



Joined: 20 Oct 2004
Posts: 84
Location: Australia

PostPosted: Fri Nov 05, 2004 8:53 am    Post subject: Reply with quote

Hi..


I would like to get in and not make the day a lost day but as I only look at 1hr and 4hr charts it would be a total guess as to whats going to happen. Till the next bar anyway.
Back to top
View user's profile Send private message
FrankC



Joined: 23 Sep 2004
Posts: 269
Location: Chile

PostPosted: Fri Nov 05, 2004 9:34 am    Post subject: Update... Reply with quote

Stopped out(-50)

Whipsawed indeed. Done for the week.
Back to top
View user's profile Send private message Send e-mail
John_M



Joined: 20 Oct 2004
Posts: 84
Location: Australia

PostPosted: Fri Nov 05, 2004 10:34 am    Post subject: Reply with quote

Hi..

Well Frank when are we going to learn...I missed my first entry and should have called it a day but no my brain was telling me get a trade in today so did with a 44 pip loss.

All the data was out at the same time so what was the reverse swing 30 plus minutes after the news... thats unusual. I expect a very quick swing at the start but not that late.

Now the market is not moving at all...go figure.

regards
John
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic     Forum Index -> Stephen W. Bigalow's Candlestick Trading All times are GMT - 5 Hours
Goto page Previous  1, 2, 3 ... 23, 24, 25, 26, 27, 28  Next
Page 24 of 28

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group