- Search Forex Factory
- 58 Results (1 Thread , 57 Replies )
- rolandW replied Apr 24, 2019
GBPUSD subsequently went to full TP. image image
- rolandW replied Apr 24, 2019
OK, so want to stress that this is not the usual account I trade off, as you can see the Spread on this account is really quite big... But to give some examples of trades. 2 have just triggered. One on the GBPUSD and one on the AUSUSD I am expecting ...
- rolandW replied Apr 24, 2019
USDCAD Study. I think you should be able to work out why and where the trades were entered... image
- rolandW replied Apr 24, 2019
Having a look at the GBPUSD chart. 1) Price RESPECTED SL 5 TP 17 2) Price RESPECTED SL 6 TP 16 3) price RESPECTED SL 4 TP 18 4- 7) Price RESPECTED TOTAL SL 27 pips TOTAL TP 65 (these are all the trades combined... far easier!) 8) Price respected the ...
- rolandW replied Apr 24, 2019
We expect price to respect support and resistance. I think this is pretty much universally accepted, and we will base the following explanations on this premise. #1) Price has NOT respected support and resistance. It has broken through this area, so ...
- rolandW replied Apr 24, 2019
Once you have filled in all the points... you get to zoom in and have a look at your handy work. Your first job is to have a look and see how price reacted at all these levels... run back through your charts and have a look. I need to go for a drive ...
- rolandW replied Apr 24, 2019
Then, shock horror.... Do the same with the 15 minute time frame. Repeat the exercise in gold. Your final chart should look something like this: image It is really important to do this from a fully zoomed out position, as it helps to filter the ...
- rolandW replied Apr 24, 2019
Move down to the 1 hour chart and repeat the process. Keep FULLY zoomed out. Just shift your chart with the little red arrow so you have price away from the edge of the chart. You need to change the trend line and the horizontal line properties to ...
- rolandW replied Apr 24, 2019
I am going to show you how to put your trend lines an s/r on your charts. image Start with the 4 hour chart and zoom out as far as possible Place your trend lines on the chart in red, as attached. Then starting at the highest point, place your ...
- rolandW replied Feb 11, 2019
USDCAD 1h trade image Accumulation zone is the black triangle. Moved away and came back to the area where the set up occurred. It went a little deeper which is where I entered. 3tp's taken with 1 TP from off screen a bit further back.
- rolandW replied Feb 5, 2019
Advice on timeframe entries So, I have a set up on the 30 min chart below: image I have placed where the initial 30 min pending line would be... then dropped down to the 5 min image The entry moves slightly which is where I have placed my ...
- rolandW replied Jan 29, 2019
ANother open for me on the 1h charts... image
- rolandW replied Jan 29, 2019
Great start to the next trade, opened up with the wrong lot size... so closed with a reasonably big loss... grrr… simple mistakes. Anyway, closed that, and opened up another one on the Daily. A bit of a better set up, but the R:R is around the 1:1 ...
- rolandW replied Jan 29, 2019
took out for the full amount as attached: image The main issue around this trade was the s/r lines. I accidently closed the chart down, pulled it up again, and in drawing in the new lines, I could see the clear resistance line right above the ...
- rolandW replied Jan 28, 2019
First entry for the new T/E USDCHF buy image Stupidly, I thought I would get in on this trade without opening up the trade window, so no comment... Grrr… Not to worry, this is the 1 hr chart. I am trading this mechanically at the moment, so valid ...
- rolandW replied Sep 19, 2018
GBPJPY trade... this is similar to the GBPUSD trade, although I would be more confident in this one if it was not for the very big sell off juyst to the left. However, the 1:4 R:R ratio says that this could be a good one. A lot going for it apart ...
- rolandW replied Sep 19, 2018
GBPUSD hedged on the 1 hour chart. A bit of unwillingness on the part of the buyers here to let the sellers really take over. image
- rolandW replied Sep 19, 2018
Another entry on the GBPUSD 4h. A big spike on the opening this morning, but entry rules still say this is a good entry. SL 20 pips (or there abouts), and TP around the 190 mark. That risk reward sounds pretty good to me. We are at the top of the ...
- rolandW replied Sep 18, 2018
Again, A really easy trade decision on the GBPUSD- this time the 15 min chart Same area of structure as the 4 hour, just a little bit more honed in. SL 14 pips, TP 17 pips, so a 1:1 ratio pretty much. These trades are just to show the entries, but ...
- rolandW replied Sep 18, 2018
EURUSD 15 min just opened (lucky look at chart being able to trade it...) 11 pip SL, 40 pip TP.. 1:4 ratio - I am happy to take the risk on this... image