10.21.2011 NZDUSD
we’re now in a back test, allready over the SMA200 line.If this
strong consistency level by 0,8000 falls, we open long trades
at Fibo61,8 level. I think Fibo61,8 and SMA100 is gonna be
on the same price, and they can stop the price.SL: 0.7840,
TP: Fibo61,8, size: halved position!
Watch my website for more technical analysis!
Hy everyone.
I will open a long position just like on the picture. That’s only a safety thing about the early openings.if a candle is closed over a level, a wait for the next candle to get the highest or lovest price of this “trigger candle” and there i’m opening my position.
If you have questions, feel free to contact me. I will help for everybody!
Soon i upload more TA-s.
Many pips for everyone!
This my technical analysis for EURNZD 10.25.2011
10.25.2011 XAUUSD
Resistance level by 1.7000. if the price is over this level, we can open long trades.
Target:1.9200, SL: 1,600 , R/R: 1/2 , size: full
10.25.2011 TRYJPY
10.26.2011 EURJPY
We’ve a narrow channel between Fibo38.2 and Fibo61.8. If these lines falls we can open orders.If the trade is gonna be long
the target is Fibo61.8, if short Fibo0.
10.26.2011 CHFHUF
Narrow trend channel, waiting for the outbreak.
I’m gonna edit this soon, let’s see what’s happening with them.
quite a number of pairs you looking at there.
Yes, i look more pairs, because the “favorite” pairs often moves together, and we’ve good trades with other not so liquide pairs too!
10.26.2011 AUDUSD
If You missed the entry for AUDUSD by the resistance level by 1.0375, we have the wave now. RSI 14 shows for us on the
2 hour chart a divergence. So, we can place long orders full size. SL:1.0270, TP: 1.0780
10.26.2011 NZDCHF
Narrow channel. The SMA200 can push the price up, like we see on daily chart. If the trendline breaks, long orders at 0.7400
SL:0.6900
Nice call on the AU.
Hi, can I ask what your Entry was for your original AUD trade? You mentioned a TP of 1.0750 with a Stop of 1.0090. If your Entry was around the 1.0375 mark (which I think it was from your original chart, but do tell me if I am wrong there!) that is around a 1:1 trade. If so, do you often take that sort of R:R for such large moves? I am finding that sort of ratio less effective, recently - I took this same trade off the same move, but with a slightly tighter Stop so I could get out earlier still with a decent profit. Just interested to know whether I am reading your approach correctly.
Interesting thread - good to see someone else monitoring a lot of Pairs! (I scan 22 Pairs a week).
Thanks for reading,
ST
Dear SimonTemplar (I like James bond movies:) )
Here is a picture about my entry in AUDUSD.
My entry was a simple P2 signal with 4 touches.This means the resistance level by 1.0370 falled.I was a little bit late and i opened my long trade by 1.0441. My TP was 1.0760 and my SL is 1.0276 by Fibo61.8 level (together with SMA100).
Risk is: 165 pips
Reward: 319 pips
That’s about 2/1 RR. But sometimes, if the trade is really good and the signal is nice and strong, the chart is clear, i open
trades with 1,5/1 RR.
If you’ve more questions, just tell me!
I think if somebody can monitor only 3-5 pairs, they better can stop with trading. You’ve to know monitoring more charts. You just do your TA every day, draw the resistance and support levels, mark the possible orders, and after that you just have to check the charts in 2 x your time frame. i mean, i’m trading in H4, i check my charts every 4-8 hours. If you trade in 30M you have to check you charts every hour.
Which trading platform you use?
thanks Nikita, my other trades are the same for this week:)
My positions for this week. I only follow the price with my SL, and open new trades at friday morning (10am).
I close my week like this with opened trades. So i don’t close the trades only move the SL closer to the price, and i hope that sunday 0:00 we don’t have a big gap and the price keep going to the good way 
Nice weekend for everyone!
Is this thread still active - I notice that Forexclubusa has been banned, do you know why? Your charts appear similar, so will you take up the baton and continue the thread as originally envisaged, with the same trading style? I was interested to follow (although I don’t know what Forexclubusa did to incur the wrath of the mods).
ST
At first I thought he was just off somewhere.
Then I thought fxteacher was forexclubusa and he change nick for what ever reason. Wanted to ask on friday but I forgot.
Since you mentioned I checked his profile and he has been banned.
Petefader might have a clue why, he sent forexclubusa a private message warning him that he is going to be banned.
Might wanna ask him.
Dear Simon Templar and Nikita,
Forexclubusa is banned because of advertising, i don’t know why…
so i’m the old new forexclubusa, but i was moving on this weekend, so don’t had much time to trade and for new posts in this thread. But now, I’m allready working on it, making TA-s so i promise to you, i’m gonna upload new charts and more today!
Thanks for following my thread!
Have a nice day!
