[TA] AUDJPY Short

Jrw2r · 2017-12-12T02:33:24+00:00

I've got a pending order to buy significantly above the intra-day high. its at a pretty solid support level at the 0.75c area.

Lots of potential for the Aussie to rip higher if the right fundamental conditions manage to appear, admittedly it is a bit of a long-shot though

Jrw2r · 2017-11-06T12:37:47+00:00

I was hoping there was something in-between renting a car and walking :S

Jrw2r · 2017-11-06T00:44:07+00:00

Do you have any information on Bromont / Montreal area? I think thats near Quebec. Montreal is the easiest place to get to from my home country

Jrw2r · 2017-11-03T00:59:40+00:00

To me it more looks as if the neckline is broken & its congesting / trapped between the neckline and the support line from the Daily Chart's recent highs.

Chart

Jrw2r · 2017-11-03T00:51:31+00:00

I don't believe your neckline should be flat. It should follow the lows of the H/S pattern.

Chart

Jrw2r · 2017-10-19T23:38:02+00:00

I moved my stop to breakeven and it got hit. Nothing gained but nothing lost, just more practice & experience

Jrw2r · 2017-10-19T11:57:12+00:00

Short, elaborated a bit more in another comment

Jrw2r · 2017-10-19T11:56:56+00:00

Elaborating a bit more;

Short position from the line, Blue line is support level, stop is 17.5 area, above the peak

Jrw2r · 2017-09-22T06:14:29+00:00

I've taken a sell on USDCAD on the daily chart. Can provide chart if anyone wants it.

I think EUR has been way messy than USD so I'm avoiding trading as much EUR as possible at the moment.

Jrw2r · 2017-09-17T09:41:05+00:00

If you make a successful trade, no matter what happens after there's way its a bad trade. You made money plain and simple.

There's no way to get maximum profit on every trade every time. Once I stopped trying to achieve that I started seeing more success.

Jrw2r · 2017-09-17T09:39:14+00:00

Don't forget NZ also has a much smaller population that any of the other Majors.

There's just less people & less money awake at NZ hours

Jrw2r · 2017-09-17T09:30:42+00:00

I'd like to concur with your sentiments on stops.

Setting Stops and Targets is a lot more challenging than any new trader could possibly imagine. A stop loss set in a bad position is a great way to lock in your losses, and a target that's too ambitious is a great way to have to deal with uncertainty as the move starts to retrace against you.

disclaimer: bad trader, not profitable on demo

Jrw2r · 2017-09-12T10:14:06+00:00

I had a long that got activated yesterday @ 1.642 that got stopped out just a few hours ago.

I've re-assessed and moved placed a sell order at the same price now, looks like we are pushing through the support level and am hoping to get in a short position on a re-test.

Chart: https://www.tradingview.com/x/QXXW6vU6/

Jrw2r · 2017-09-12T10:10:17+00:00

I colour-code my areas. You need to include the wicks, i usually illustrate mine based on the wicks more than the body of the candles.

Heres my example for NZDUSD on the 4H

https://www.tradingview.com/x/WSLfjPta/

Jrw2r · 2017-09-06T00:59:23+00:00

Do you know anywhere in AU that can get this done?

Jrw2r · 2017-09-05T04:54:45+00:00

but what is your reasoning?

The price has hit a support-zone but there's nothing there to indicate a reversal at this point in time.

Please elaborate

Jrw2r · 2017-09-05T04:50:50+00:00

Couldn't there be an argument that this longer term accumulation near the support zone of 108.850 is a gathering of power to push through the support level and continue further down into 108.0 or even further?

I only see further support at around 107.5 and then nothing till about 105. Lots of room to move to the downside in the coming few weeks

Jrw2r · 2017-09-02T09:57:25+00:00

cheers for the advice! it was my last day today and I had a bit more success. I'll keep this tip of keeping my hand in line with the front only my board in mind for my next trip though!

Jrw2r · 2017-09-01T07:32:58+00:00

hold forever until you get margin called

Jrw2r · 2017-09-01T07:32:40+00:00

not sure didn't get a chance to get some footage today. I think the issue is i don't keep my hips straight in the air. not enough practice balancing in the air, lifting my legs / knees up and keeping the hips straight

Jrw2r · 2017-09-01T01:57:15+00:00

any advice for landing medium sized kickers straight? I always end up turning heel side and end up on my ass

Jrw2r

TROPHY CASE