Harmonic Trading - page 135

 

thanks dear kamyar for your good answer

 

update

EURGBP -> +80

NZDUSD -> +150

EURJPY -> -7

USDJPY -> -50 (20 pips away from getting stopped @-70)

and if u hold the GBPUSD up till now then it is ->+330

and if u hold the USDCHF up till now then it is ->+160

and if u hold the EURUSD up till now then it is ->+125

 

move stop on usdjpy to 118.35

 
ziko123:
update

EURGBP -> +80

NZDUSD -> +150

EURJPY -> -7

USDJPY -> -50 (20 pips away from getting stopped @-70)

and if u hold the GBPUSD up till now then it is ->+330

and if u hold the USDCHF up till now then it is ->+160

and if u hold the EURUSD up till now then it is ->+125

Ziko,

Your original stop for EURJPY set at 149.80 (#1347) was raised to 150.20 (#1347 @06:56 PM yesterday) after you have already entered the position. You should have already been stopped-out since EURJPY hit 149.82 and reversed down at 23:00 GMT last night before you raised your stop.

Do you move your stop to avoid a losing a position? Why would you raise your stop after you are in the trade?

Regards.

 

bearish butterfly USDCHF H4

entry -> 1.2512

stop -> 1.2570

Files:
 
ziko123:
bearish butterfly USDCHF H4

entry -> 1.2512

stop -> 1.2570

price now is 1.2487, already +25 pips in 10 minutes

 

An interesting obsevation of USDCHF, although it is after the fact, is that Woodies CCI confirms the patern very nicely (Woodie may argue that patern follows CCI) and since CCi is still in an uptrend, the usdchf momentum is still upward.

I know Ziko is short usdchf at 1.2512, but I would not be surprised if the high of 1.2622 area is re-tested.

Any thought on using Woodies CCI along with paterns?

Files:
usdchf_h4.gif  30 kb
 
aligator:

I know Ziko is short usdchf at 1.2512, but I would not be surprised if the high of 1.2622 area is re-tested.

I was long, the bullish pattern was posted before the fact

https://www.mql5.com/en/forum/173588/page86

I think the USD topped short term and needs some retracement

 
ziko123:
I was long, the bullish pattern was posted before the fact

https://www.mql5.com/en/forum/173588/page86

I think the USD topped short term and needs some retracement

Were you long? Now is really confusing. Your posts #1354 and #1355 show you went short USDCHF at 1.2512 with a stop at 1.2570 and later you show 25 pips up with the price at 1.2487 (currently at 1.2502). So you do have +10 for now.

Economic reports out of EU, although slightly positive, did not do much harm to USD. The Friday pullback to 1.2502 is infact and most likely the thretracement you talk about. Look for the uptrend to continue next week. If it does go up, will you be moving up your stop higher from 1.2570.

Regards.

 
xxDavidxSxx:
did any one look at this?

I have made 2 attempts posting a chart I'd like an opinion on because I am new to this stuff. And trying to find out if I am doing it right.

Both time I was ignored. WTF?

Dave

Reason: