The conditions lined up for the AU open EUR/USD short trade. Here is the setup:
Entry Price: 1.3067
Exit: at the open of the 7:30pm CST bar
S/L: 1.3107
TP: 1.3057
Based on current price movement, I recommend taking this trade with a lesser lot size.
Good luck!
The 9:30pm GBP/USD long trade did not reach TP or S/L. We are still in the 3pm GBP/USD long trade and AU open EUR/USD short trade until 7:30pm CST.
Good morning friends,
The conditions did not line up for the 7am EUR/USD short trade. Be sure to watch the market carefully as volatility has increased and we have moved into a period of expanding range while it determines what definitive direction to move in next (which is typical during the last week in December).
Next trade: the 9:30am GBP/USD long trade.
taureus
December 28, 2011, 8:53am
1281
Hello, I read 57 pages of this tread, but dont understand exactly that time do you use. i try time zone converter and so on, but simply I do not see prices that you wrote. Can you attach screen short with your any trade?
Thanks.
taureus
December 28, 2011, 9:17am
1282
taureus:
Hello, I read 57 pages of this tread, but dont understand exactly that time do you use. i try time zone converter and so on, but simply I do not see prices that you wrote. Can you attach screen short with your any trade?
Thanks.
hmm, I think I understand…from my time zone is 8 hours difference. But screen shot it more help.
And now at the end of thread I see two new strategies. Can you summarize all strategies in one post that you use now?
Thanks again.
taureus:
hmm, I think I understand…from my time zone is 8 hours difference. But screen shot it more help.
And now at the end of thread I see two new strategies. Can you summarize all strategies in one post that you use now?
Thanks again.
Thanks for the post taureus,
Info on most of the trades can be found here: 301 Moved Permanently . The only trade not included in this is the 9:30am CST GBP/USD long trade. Here is the how this trade works:
Pair: GBP/USD
Entry time: 9:30am CST
Conditions: if the 9am CST bar closes up, enter long at the open of the 9:30am CST bar
Exit time: at the open of the 6:30pm CST bar
S/L: .0040
TP: .0020
In reference to how the time difference works, perhaps this will help. CST in the US is 1 hour behind EST; for instance, right now it is 10:20am CST and 11:20am EST.
Hopefully this helps!
The conditions did not line up for the 9:30am GBP/USD long trade. Next trade: the 12:30pm GBP/USD long trade.
The conditions lined up for the 12:30pm GBP/USD long trade. Here is the setup:
Entry Price: 1.5468
Exit: at the open of the 3:30pm CST bar
S/L: 1.5438
TP: 1.5478
Happy trading!
The conditions did not line up for the 3pm GBP/USD long trade, but we are still in the 12:30pm GBP/USD long trade until 3:30pm CST.
Next trade: the AU open EUR/USD short trade.
Sorry for the late update folks. The 12:30pm GBP/USD long trade did not reach TP or S/L, but the conditions did line up for the AU open EUR/USD short trade. Here is the setup:
Entry Price: 1.2939
Exit: at the open of the 7:30pm CST bar
S/L: 1.2979
TP: 1.2929
Happy trading!
The AU open EUR/USD short trade reached TP today. Here is how the trade played out:
Entry Price: 1.2939
Exit Price: 1.2929
Trade length: 3 bars
Profit: 10 pips ($100)
That’s all for today friends. Good luck in the evening session and I will update the board in the morning
Good morning all,
Hopefully you were able to take advantage of the bearish movement in overnight session
The conditions lined up for the 7am EUR/USD short trade this morning. Here is the setup:
Entry Price: 1.2886
Exit: at the open of the 11am CST bar
S/L: 1.2946
TP: 1.2866
Happy trading!
Also, I know there was a request for a screenshot on the entry point. Please see below; hopefully this helps!
The conditions did not line up for the 9:30am GBP/USD long trade, but we are still in the 7am EUR/USD short trade until 11am CST.
The 7am EUR/USD short trade did not reach TP or S/L today. Next trade: the 12:30pm GBP/USD long trade.
Sorry for the late update folks, the conditions lined up for the 12:30pm GBP/USD long trade. Here is the setup:
Entry Price: 1.5390
Exit: at the open of the 3pm CST bar
S/L: 1.5360
TP: 1.5400
Happy trading!
The conditions did not line up for the 3pm GBP/USD long trade, but the 12:30pm GBP/USD long trade reached TP. Here is how the trade played out:
Entry Price: 1.5390
Exit Price: 1.5400
Trade length: 2 bars
Profit: 10 pips ($100)
Next trade: the AU open EUR/USD short trade.
The conditions lined up for the AU open EUR/USD short trade. Here is the setup:
Entry Price: 1.2959
Exit: at the open of the 7:30pm CST bar
S/L: 1.2999
TP: 1.2949
Happy trading!
The AU open EUR/USD short trade reached TP today. Here is how the trade played out:
Entry Price: 1.2959
Exit Price: 1.2949
Trade length: 1 bar
Profit: 10 pips ($100)
That’s all for the day folks; have a great evening and I will update the board in the morning
Good morning fellow FXers,
There really wasn’t much movement last night in the EUR/USD, but hopefully you still squeezed out a bit of profit
The conditions did not line up for the 7am EUR/USD short trade this morning. Due the market’s closure today, we only have one other trade.
Next trade: the 12:30pm GBP/USD long trade.