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11/9........Its only $$$$$

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Captain
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Posted: #26
Are you trading at forex.com?
 
 
Prospect
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Posted: #27
"the RSI is in the lower section of the chart.."

I thought that meant it was undersold and more likely to go up?
 
Captain
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Posted: #28
IDK i see it coming down and if the cross comes we see low 1.17s or upper 1.16s at least....anyways ill be back in about an hour
 
Captain
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Posted: #29
it does but if DMIs cross RSI will prob sink to bottom....if the RSI was turned up the DMIs may reject the cross and we would prob see a spike insted of a drop...ok for real this time im out ...be back by 8:30 or so
 
Prospect
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Posted: #30
Looks like you got your 41 pips
 
Prospect
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Posted: #31
Buc
 
     I jumping out here   no gain or loss   I would like to see that US/CH make its cross to get a feel for direction. No idea how you take the position before this happens    BUT I KNOW YOU ARE GOOD AT IT.                        
 
Captain
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Posted: #32
whats up fellas sorry im so late...if it werent for bad luck id have no luck at all!!!!
 
My brother had to come meet me cause i got a flat and for some reason my jack is no longer in my Jeep...then we go to the shop and the forklift wont start to get material off the shelf...so then my old man had to come in cause the extra tanks for the lift are locked up....OMFG i shoulda waited to go until morning i guess
 
Anyhow it almost got to 41 pips i think it got as low as 1.1722......so like 35ish was the tops....i been home all of ten mins here and just got out with +$360 give me a few scanning the charts
 
Captain
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Posted: #33
Quote Originally Posted by 1IRON:

Buc
 
     I jumping out here   no gain or loss   I would like to see that US/CH make its cross to get a feel for direction. No idea how you take the position before this happens    BUT I KNOW YOU ARE GOOD AT IT.                        

 

What was your sell price on this pair??Only asking cause i thought you prob got in at a much better price than i did.....i was down several pips when you posted you were getting in too...

 

No difference though we got out with some good $$$....sad to see it missed my limit by a few pips shoulda just set it for 30 i guess but what can you do?I still think this is coming down but i dont want to be in two trades here

 
Captain
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Posted: #34
Quote Originally Posted by orcovs:

What about AUD/USD? RSI and DMI+ were both near the upper band and beginning a downturn. Or is that no good because they weren't quite pinned at the top?

You couldve sold that pair and made some nice coin...you might have had to move your average once as it moved up another 60-70 pips after that post but still wouldve been nice....still looking through the charts here

 

1.1720s again in CHF

 

 
Prospect
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Posted: #35
Gotta say I still didn't see it...there was no cross on any of my charts above 30min and RSI was not too high on any of them. You've got the Sight man!
 
Captain
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Posted: #36
calling out EUR/JPY as a sell here 1.2767
 
Captain
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Posted: #37

Thx ORC.......i guess ive just spent too much time looking at charts[as if thats a bad thing!]but some signals you can see coming.....if the RSI is in your favor and you see a cross coming ill trade it

 

Figures the two trades i call out and dont trade the better ones.......EUR/JPY shed 20 pips in about a min after my post there

 
Prospect
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Posted: #38
Okay, was the eur/jpy based on DMI+ and RSI both being high? On my 3hr it looks like they hit their peaks around 8pm though.

 
Captain
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Posted: #39
Pretty much ORC......on my 2hr the RSI is the highest its been since 11/3 5:00.....and the +DMI line is going to cross the ADX line which means it going to dip
 
I dont know what the charts look like where you trade but if you open a demo account at forex.com i think youd be surprised at the difference between the two
 
USD/JPY charts looks the same right now only the cross on DMIand ADX is happening right now...selling two lots 98.96
 
Captain
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Posted: #40
set my limit at $450.....22.2 pips
 
Captain
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Posted: #41
EUR/JPY 1.2730s now
 
Captain
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Posted: #42
EUR/JPY hit 1.2722 on the buy there and has bounced back a bit but we would have been out with 30 pips anyhow
 
Prospect
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Posted: #43
Buc  
 
      got out of eur/jpy ..........made 210.00 on that one  thx again
 
Captain
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Posted: #44
1iron no prob buddy...i dont know where you jumped out but its still dropping......1.2719
 
Captain
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Posted: #45
srry 127.19
 
Prospect
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Posted: #46
Buc   got out of that one at 127.24     
 
Captain
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Posted: #47

well i guess i shouldve waited for the top of the HR to sell JPYcoulda got a better price by at least 5-10 pips..

 

EUR/JPY not done dropping 1.2711 on the buy now

 
Prospect
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Posted: #48
Thanks for all the tips, I'm going to bed now. I'll keep following along as I play around. Probably start a $1000 account and risk $10 per trade for awhile. I keep reading how demo results don't necessarily translate and it's better to use a live account and just use small amounts.
 
Captain
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Posted: #49
See ya later ORC.......you know where to find me
 
 
Captain
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Posted: #50
EUR/JPY 127.08.are we going to see 126s?????
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