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TOPIC: Trading

Trading 07 Mar 2013 23:34 #1

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Trading Update:
Currently Long AUD/USD , USD/JPY and EUR/USD

Here is the USD/JPY trade chart.

Last Edit: 07 Mar 2013 23:34 by followNev.
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Trading 27 Feb 2013 23:50 #2

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followNev wrote:



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Trading 27 Feb 2013 23:50 #3

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So the GBP/USD trade worked out quite well.
Never really held on to it all the way down but worked the position and still feel Bearish. Feel there maybe a retracement before the next push down but will wait and see for a good entry.
Currently Long the EUR/USD and EUR/AUD.
Looking for a position on the USD/JPY, just waiting for the set up to pull the trigger.

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Trading 06 Feb 2013 21:37 #4

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I took profits on the USD/JPY and then went short almost straight away.
It's not doing so well at the moment, one of those trades which was against the trend, trying to pick a Top.. So I am officially a fool until I become a Lucky Fool on this one. As its against the grain the size is small.

USDJPY Bearish Break

The GBPUSD is based on a couple of things

Weekly

H4
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Trading 05 Feb 2013 23:06 #5

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followNev wrote:
went short finally the GBP/USD
Also, long USD/JPY

Hi Nev,

Shorting the GBP/USD seems like a contrarian trade! :huh:

Recent charts on:

Dollar Index: www.chartsview.co.uk/currencies/819-us-dollar-index

Cable: www.chartsview.co.uk/technicals/853-gbp-usd


Personally, I'm of the view that whilst the Dollar Basket is somewhat bearish, the Cable Trade favours USD Bias.
I also believe that the USD/JPY is good until it isn't (I know, that's a crappy statement), but I guess I'm try say that the BoJ has pretty much opened the flood gates, and there's nothing to suggest that they'll ease up on the "easing".

There might be a touch of the fundamentals in my thinking, but its difficult to rule this out with so much Central Banking intervention.

Kudos either way, and good luck with your trades man! :)
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Trading 05 Feb 2013 22:55 #6

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went short finally the GBP/USD
Also, long USD/JPY
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Trading 01 Feb 2013 23:09 #7

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I'll repost these links every now and then, so you can see how i get on with the trading etc. It's not all wins and clear cut chances.
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Trading 01 Feb 2013 23:04 #8

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the chart that i am most interested in trading next week.
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Trading 01 Feb 2013 23:02 #9

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From Fridays trading, no use really until next month but shows what was going on as i traded the news
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Trading 04 Jan 2013 08:35 #10

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click for the h4 chart idea

I am thinking that a little more downside and then the Bulls will have to show what they are made of if this Bull run is to continue.
NFP today so we should set the direction for Jan, possibly 2013!

You can follow my 2013 trades at my myfxbook page. click for the trading log
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Trading 13 Dec 2012 17:40 #11

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A trade idea

It's how I trade a bull trend line reversal
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Trading 13 Dec 2012 12:40 #12

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not sure i can help really as it sounds like a resolution/screen size thing.
however, the charts are almost pointless as they just show what happened.
I'm coming up with ways to show what could happen before I do anything and then it maybe more useful to anyone following.
Wasn't sure if anyone would be reading this so as I have had a few comments, i'll try harder to give more of a full account of the trades;
Signal
Entry
Stop
Target

that type of thing.
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Trading 13 Dec 2012 08:43 #13

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I'm using Firefox on lap top computer. The charts open ok, but (even with my glasses).

Here's the native post (screen shots)
screencast.com/t/3dX45GXpk2GB

and here's after clicking (max size I can get on my laptop)unless there's a link somewhere I'm missing. I'm unable to scroll around this chart or enlarge it.
screencast.com/t/emaJ3UYKsEg
All it takes for the triumph of evil, is the silence of 'good men'
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Trading 13 Dec 2012 08:38 #14

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Shotry.
it should open up full screen when you click it???
What browser are you using???
The reason I ask is ,as far as I'm aware it opens up on all browsers.
It seems strange that it does not open on yours??
It works on an iPhone and galaxy phones.
Does anyone else have this problem???
Information Purposes Only, Do Your Own Research
remo
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Trading 13 Dec 2012 08:26 #15

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Even after clicking the chart (Cheeky git) I can read nothing. It's not just your charts Nev, you're in good company. I can't read Remos either. In the past people were adding a link to dropbox etc which solved the difficulty nicely, but nowadays there are fewer links and I can't read the posts. I'm on a laptop, god knows how difficult it would be using a phone.
All it takes for the triumph of evil, is the silence of 'good men'
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Trading 12 Dec 2012 23:39 #16

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Probably not the best answer in hind sight as it could be construed as being up ones self.
For more words and pictures you could click on my real blog Trading Trends or my Twitter which I believe is @followNev
Though all the good bits will be posted on here, if there are any to be posted.
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Trading 12 Dec 2012 23:35 #17

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Shotry wrote:
I can't read any of the axes, I can't read the time frames, what the security is or anything? Am I missing something? Should I be able to access a link somewhere?

Maybe if you click on the chart, all will be revealed.
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Trading 12 Dec 2012 17:18 #18

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I can't read any of the axes, I can't read the time frames, what the security is or anything? Am I missing something? Should I be able to access a link somewhere?
All it takes for the triumph of evil, is the silence of 'good men'
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Trading 12 Dec 2012 15:50 #19

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and as if by magic... almost to the frickin pip :cheer:
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Trading 12 Dec 2012 11:24 #20

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i know....
though i have been back testing this strat for a while and will continue to forward test it until possibly end of Jan.
so far so good, so will pop a few days results up here every now and then.
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Trading 11 Dec 2012 23:20 #21

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I have no idea why you'd want to get involved in this instrument? The weekly trend is down; the daily is up; the 4 hour is down; the hourly is up; the 15 min is down. It's a box of frogs mate :)
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Trading 11 Dec 2012 22:03 #22

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December 11th 2012

Maybe the correction is over and we are grinding out the start to a new upwards trend.
Yesterdays trades were against the strategy rules, so today I will only be taking long positions to see if I can redeem myself.
Just goes to show that the market can go against you for a lot longer than you have money in your pockets, so there is no point trying to fight it.
To me the broader out look of the chart looks like we are in a corrective phase still, though every impulse has to start somewhere and this could be it.
The EUR/USD is making higher highs and higher lows, so if it breaks the channel to the upside I’ll take a long and put my stop under the latest swing low.



The rules today are, follow the direction of the Daily Open – Daily Pivot (Bullish) , place the stops under the previous swing low.

Quite a long trade run today. I manually closed out in the end as I was happy to recoup my losses from yesterday and make a little more.
The following charts are how the trade progressed , culminating in a channel break which prompted me to close out the orders.

In total 40 pips was made to day and a risk reward close to 1:2


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Trading 07 Dec 2012 20:19 #23

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For a while now I have been blogging about my trials and tribulations in trying to master the markets.
Next year I am looking to step up a gear and trade on a more consistent basis.
If anyone would like to follow me I can give you the links etc.
Below is the sort of thing I'll be writing.

After yesterdays big corrective move down of > 100 pips, the London Open was lower than the Daily Pivot.
We decided to take a small position short at the initial break of support, with a target of S1.

Its a news day and the big one is the US session Non-Farm Payrolls

It’s approaching NFP, the trade is working out quite well considering but Stops have been moved to Break Even.


After getting stopped out for a small win, we waited for the price to find Resistance. This has come late on in the day , so only a small percentage of our risk is being traded.
The Initial Profit Target is todays low but the stop will be trailled as the S/R developes on a m5 chart. If we get a move towards the end of the session the Stop will go up a time frame above a swing high.
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Trading 07 Dec 2012 20:17 #24

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For a while now I have been blogging about my trials and tribulations in trying to master the markets.
Next year I am looking to step up a gear and trade on a more consistent basis.
If anyone would like to follow me I can give you the links etc.
Below is the sort of thing I'll be writing.

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