Kolachi Method of Trading - page 119
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Trades closed at 1.3335 with profit 2x43=86 pips
I am waiting a strong downtrend so
sell at 1.3395 with SL 1.3426
regards
1st trade of 2011 was negative -11 pips.Sell now 2x trading lots at 1.3378 in order to recover ? previous loss. SL 1.3400regards
-31pips.
Entered again 1.3420 with 2x
Trades closed at 1.3335 with profit 2x43=86 pipsI am waiting a strong downtrend so sell at 1.3395 with SL 1.3426regards
Trade closed at 1.3370
2x50=+100pips
Regards
-31pips.Entered again 1.3420 with 2x
Good afternoon Zach,
100+ pips profit is a good start for 2011. That's great bro. I'll be posting my charts for your comments. I need lots of practising how to read the kolachi charts before trading live.
From the 1hr chart, 5 has passed through 21, 55, 100. 21 also has passed through 55. Look at 5 is being rebounce by 200 and meeting 100 soon.
From the 4hr chart, 5 has passed through 21 and 200. 55 is on top of 100. Maybe a diplomatic channel is developing for a decision which direction the price should go.
Appreciate your comments. Thank you.
Hi jimisan,
In 4h chart 5 is pointing down so my opinion is that we must wait price to retrace and when it will touch on higher emas we will place sell orders trying to follow the main trend since this time i write 21ema has already crossed also 100ema in 1h chart
I attached daily chart of euro from which we feel 5 ready to repulsed from 55/100/200 strong resistence. Based on that i think that we can wait price to test TL1 around 1.3100
Hope to help
Good afternoon Zach,100+ pips profit is a good start for 2011. That's great bro. I'll be posting my charts for your comments. I need lots of practising how to read the kolachi charts before trading live.From the 1hr chart, 5 has passed through 21, 55, 100. 21 also has passed through 55. Look at 5 is being rebounce by 200 and meeting 100 soon.From the 4hr chart, 5 has passed through 21 and 200. 55 is on top of 100. Maybe a diplomatic channel is developing for a decision which direction the price should go. Appreciate your comments. Thank you.
Downtrend established.
Looking forward for sell oportunities
regards
Price is few pips away from TL1 drawn in previous post. Even if we are lookink for sell entries i believe here is a good buy point to grab at least 50 pips.
So buy 1.3131 TP 1.3200
regards
Trade closed 1.3163
+32pips
Price is few pips away from TL1 drawn in previous post. Even if we are lookink for sell entries i believe here is a good buy point to grab at least 50 pips. So buy 1.3131 TP 1.3200regards
Hi,
TL1 has been broken. Expect price to move lower firstly on TL2 around 1.2800
and if pass through it on TL3 around 1.2250.
I am looking for a sell entry when price will retrace a little touching 21 ema on 4h chart.
Be carefull becouse tommorrow NFP news will release
Regards
An interesting graph about news