Kolachi Method of Trading - page 101
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For better view i attach 1h naked chart to show the TLs mentioned in previous post. Horizontal lines are possible TPs.
Regards
Trade finally closed at 1.2660+400 pipsI entered sell here 1.2650 based on the fact that price touched almost at the same time 3 trendlines which act as resist. TP 1.2300 regrds
Hi to all,
Entered with second lot to 1.2710 TP 1.2420
regrds
Trade finally closed at 1.2660+400 pipsI entered sell here 1.2650 based on the fact that price touched almost at the same time 3 trendlines which act as resist. TP 1.2300 regrds
Due to summer vacations 2 lots closed automatically at 1.2550
so 1st lot 1.2650-1.2550=100pips
2nd lot 1.2710-1.2550=160pips
total 260 pips
this is my last post. Hope you all something learned from KM
Bye bye for ever
Hi to all, Entered with second lot to 1.2710 TP 1.2420 regrds
Zach don't leave us we will miss you!!
Zach,
You have contributed a lot to this thread and have encouraged others to at least try Kulache Method with a positive attitude.
Do not say bye for good but keep showing up off and on when you have spare time.
I am glad that you used Kulache emas and S/R successfully. I am sure it will pay you in life.
Kulache
Zach don't leave us we will miss you!!
Mr Kolachi,
Thank you for kind words.
I will continue to post occasionally .
Regarding euro always from my point of view, it is better to stay away now. Daily chart shows that price will hit 200ema near 1.3400 (TG2 in older post).
IN monthly chart 5wma is pointing down, so i expect a short move at least near previous lows (~1.1800). Personally i just entered short with 2 lots around 1.2950 and SL at 1.3011 and 1.3025
regards
Zach,You have contributed a lot to this thread and have encouraged others to at least try Kulache Method with a positive attitude. Do not say bye for good but keep showing up off and on when you have spare time.I am glad that you used Kulache emas and S/R successfully. I am sure it will pay you in life.Kulache
One and only enemy in forex is FEAR.
I added two more pending sell orders at 1.2924 and 1.2809. If price will move sell in next hours all set of 4 lots will be closed at area of 1.2750 (near 200ema in hourly chart). Be careful here. Daily and weekly charts are boolish. I dont want to affect anyone. Trade by your own risk
Regards
Mr Kolachi,Thank you for kind words.I will continue to post occasionally . Regarding euro always from my point of view, it is better to stay away now. Daily chart shows that price will hit 200ema near 1.3400 (TG2 in older post).IN monthly chart 5wma is pointing down, so i expect a short move at least near previous lows (~1.1800). Personally i just entered short with 2 lots around 1.2950 and SL at 1.3011 and 1.3025regards
Monthly Performance
Month: June, 2010
Pips Performance: +2063 pips
Eq. Change : +18.83%
kulache
Today I place trades in eurusd, eurjpy and gold. Most of my trades were in eurjpy so chart is attached. Total pips earned today: +223 pips
kulache
Hi,
2 lots bought around 1.2950 failed to be possitive so ~ -130pips
But 3 pending sell orders gave me:
1.2924-1.2750=174pips
1.2860-1.2750=110pips
1.2809-1.2750=059pips
Total +343pips-130pips= +213pips
I have attached eu1h chart with running and pending sell orders. TP around 1.2600
Regards
One and only enemy in forex is FEAR.I added two more pending sell orders at 1.2924 and 1.2809. If price will move sell in next hours all set of 4 lots will be closed at area of 1.2750 (near 200ema in hourly chart). Be careful here. Daily and weekly charts are boolish. I dont want to affect anyone. Trade by your own riskRegards