Kolachi Method of Trading - page 109

 

To explain something here:

When i set TP i mean maximum value. Whenever we notice something wrong between entry and max TP level we close our positions.

Euro crossed great daily resistence of 1.4020. It is very possible to move to 1.4220 next daily resistence. Maximum TP at this time should be 23.8 Fibo retracement around 1.3800.

REgarding daily chart i believe finally euro will hit 1.4550-1.4600

regards

zacharakis:
Hi,Two days ago my positions closed just when 5wma repulsed by 200ema in 1h chart at 1.3820, so 3x130pips=390pipsNow sell again 3 lots at 1.4112 just when price touched TL4 at 4h chart. TP around 1.3800Regards
 

And something else:

We dont care about positions of MAs on daily chart, except 5wma. Most of us we are not banks or investors and chese a few pips, so hourly charts are ok to trade

regards

zacharakis:
To explain something here:When i set TP i mean maximum value. Whenever we notice something wrong between entry and max TP level we close our positions. Euro crossed great daily resistence of 1.4020. It is very possible to move to 1.4220 next daily resistence. Maximum TP at this time should be 23.8 Fibo retracement around 1.3800.REgarding daily chart i believe finally euro will hit 1.4550-1.4600regards
 
zacharakis:
And something else:We dont care about positions of MAs on daily chart, except 5wma. Most of us we are not banks or investors and chese a few pips, so hourly charts are ok to trade regards

Agreed, hourly trades are good to go by.

 

Hi,

My trades closed to previous high 1.4025

So 3x86pips=+258pips

Wait now the secondary TL5 to enter sell just when price will touch it

regards

zacharakis:
Hi,Two days ago my positions closed just when 5wma repulsed by 200ema in 1h chart at 1.3820, so 3x130pips=390pipsNow sell again 3 lots at 1.4112 just when price touched TL4 at 4h chart. TP around 1.3800Regards
Files:
eu_1h.gif  30 kb
 

Hi again,

Price touched TL5 as well as resistence 1 . Sell here 3 trading lots 1.4114. Maximum TP level 23.6 Fibo retracement around 1.3800. SL 1.4130

REGARDS

zacharakis:
Hi,My trades closed to previous high 1.4025So 3x86pips=+258pipsWait now the secondary TL5 to enter sell just when price will touch itregards
 

Price hit SL ,so -16x3=-48pips

We are not disapointed and wait patiently next daily resistence 1.4200-1.4220

to enter sell, this time with 5 trading lot sizes. Be carefull to anyone who sells euro. Even if MAs are away one to each other in smaller TFs , daily trend is sooooo... boolish

regards

zacharakis:
Hi again,Price touched TL5 as well as resistence 1 . Sell here 3 trading lots 1.4114. Maximum TP level 23.6 Fibo retracement around 1.3800. SL 1.4130REGARDS
 

A strong reversed hammer was formed on 1h chart. All scenarios for touching 1.4200 rejected. Sell 1.4080 5 trading lot sizes maximum TP level 38.2 Fibo retracement around 1.3550

Good luck

zacharakis:
Price hit SL ,so -16x3=-48pipsWe are not disapointed and wait patiently next daily resistence 1.4200-1.4220to enter sell, this time with 5 trading lot sizes. Be carefull to anyone who sells euro. Even if MAs are away one to each other in smaller TFs , daily trend is sooooo... boolishregards
 

Hi,

Trades closed 1.3860 due to TL6,so

5x220=+1100pips

regards

zacharakis:
A strong reversed hammer was formed on 1h chart. All scenarios for touching 1.4200 rejected. Sell 1.4080 5 trading lot sizes maximum TP level 38.2 Fibo retracement around 1.3550Good luck
Files:
eu_1h.gif  26 kb
 

A few hours later , look how price reacted on TL6 and how correctly our trades closed

regards

zacharakis:
Hi,Trades closed 1.3860 due to TL6,so5x220=+1100pipsregards
Files:
eu_1h.gif  30 kb
 

Ok friends,

Based on TL7,

I continue to give signals. Is there anybody out there?

Sell euro 1.3980 SL 1.4010 5 trading lots monitor the trades.

Please trade by your own risk

regards

Files:
eu_1h.gif  31 kb