Tuesday, September 28, 2010




Trade 1, Trade entry 15806 07:00 Buy market
Stop 15796 10 pips
Target 15840 below todays high
PNL 10 pip loss
MT3 Setup & entry, new low on the hour
Doji present, break out of trend line
Support 15800 whole number but not strong support

Trade 2, Trade entry 15792 07:25 Buy market
Stop 15782 10 pips
Target15840 below todays high
MT3 SETUP & ENTRY
Got in early for a tight stop
Support 533 ma on 10 min,yesterdays low,
Woodies cci on 30 min from extreme with fast turned above slow
Close trade 07:50 off to work
PNL 3 PIPS Profit

3 comments:

  1. Support 15800 whole number but not strong support - meaning:

    15800 figure, round number, previous low and support broken

    ReplyDelete
  2. what was fibs, prev and current, year, month, week, daily?

    HTF levels monthly, weekly, recent daily?

    Trends on weekly, daily
    intermediate and short?
    dynamic support/resistance?
    tr channel S/R?

    Was this counter trend? with trend which trend?

    ReplyDelete
  3. Awesome you noted the Magents FXMAX MAX MA

    So secodn trend this was a pullback to that FXMAX MAX MA with trend

    Was there confluence on any other charts?

    Practice noting with trend and counter trend - also put the trend in context.
    E.G with trend on 60,30,10Min FXMAX MAX MA
    Daily ShortTerm Up - based on price pattern of 2 weeks etc - trend line...

    ReplyDelete