Kauri
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Still running here and importing into my other chart programmes...
Forex intraday T/A
- Thread starter caribean
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Kauri
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Hate to tell you this caribean but the euro is making a bit of a break for it.... looks like you may have inherited my luck...
Ha ha ha!!, thanks Kauri.. i do have other charting available, i entered long on the JPY, but that's a longer term trade (i hope..)
The GBP was the other choice for a long, the technicals looked great, but i missed my chance to enter at a reasonable level.
Anyway the problem it appears lies with AVG antivirus not MT4, it is finding a virus in MT4 which i think doesn't exist and the problem started as soon as the auto update happened in AVG without the MT4 operating at the time...i've been to another forum and it seems i'm not the only one....it's funny how you can feel disabled without your usual charting package.
Iwould like to set up in a similar way..i used to but the set up i had could not load historical backfill... can your set up do that?
The GBP was the other choice for a long, the technicals looked great, but i missed my chance to enter at a reasonable level.
Anyway the problem it appears lies with AVG antivirus not MT4, it is finding a virus in MT4 which i think doesn't exist and the problem started as soon as the auto update happened in AVG without the MT4 operating at the time...i've been to another forum and it seems i'm not the only one....it's funny how you can feel disabled without your usual charting package.
Iwould like to set up in a similar way..i used to but the set up i had could not load historical backfill... can your set up do that?
Kauri
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Yes, I have an "indicator" in MT4 which when run downloads all the data automatically/continuously to my hard disc, from all pairs etc that you have tabbed. If your charting programme has an asci convertor you can read it.. I use Dynamic Trader which automatically reads and prints the data to my charts in 1min intervals.... also downloads the historical data the first time you run it..
keeps me happy in my 4hour time frame trading... 
Good afternoon people, good luck with your trading tonight, or maybe you allready made some money trading through the morning.
We've got a tight consolidation happening on the EUR and GBP , the trend is ,IMO, bullish, so maybe we can assume they'll break to the upside?
i don't like trading this consolidation and i'll wait for a signal either way, i'm long JPY/USD and the make or break should be when it re-tests the resistance of 124.12...we'll see...
We've got a tight consolidation happening on the EUR and GBP , the trend is ,IMO, bullish, so maybe we can assume they'll break to the upside?
i don't like trading this consolidation and i'll wait for a signal either way, i'm long JPY/USD and the make or break should be when it re-tests the resistance of 124.12...we'll see...
Had three long trades today: 2 losers and 1 winner. Got stopped out of a long AUD/JPY and a long AUD/USD for losses of 15 and 21 pips repsectively but made 11 pips long AUD/JPY later on. I find I'm making all the typical "beginner" mistakes: not sticking to the plan.
My first two trades today were to open long at a major support after a downward trend - which is another mistake: to trade against the trend. It was never my aim/goal nor in my plan to try and buy at the very bottom and sell at the very top - which is exactly what I tried and failed to do this morning by buying on rejection of support. Silly. Picking the absolute low and high is a fool's game.
Yet when I found a set-up that suited my objectives - breakout from a triangle forming with a longer-term downward trend and a shorter term upward trend - it worked! Managed to bungle the entry though with the software rejecting the order: GSL too close. But by the time I fixed it, the price had already moved quite alot. The speed at which this market moves is really amazing. Turned out my closing when the orange up-trend was broken was a smart move. My exit strategy (long) is just to close off when a significant support has been broken because this signifies that the trend that has failed and since it was that trend that inspired my entry then there the original reason for entering is no longer valid.
I was also interested when I had a long AUD/JPY open - and watching it fluctuate as the USD/JPY and AUD/USD fluctuated. I noticed through deduction that strength in the AUD was behind the trend rather than weakness in the JPY. Although at different times I'm sure one, or two or all three currencies could be trending at once and offsetting/contributing to one another. Here are some photos:
My first two trades today were to open long at a major support after a downward trend - which is another mistake: to trade against the trend. It was never my aim/goal nor in my plan to try and buy at the very bottom and sell at the very top - which is exactly what I tried and failed to do this morning by buying on rejection of support. Silly. Picking the absolute low and high is a fool's game.
Yet when I found a set-up that suited my objectives - breakout from a triangle forming with a longer-term downward trend and a shorter term upward trend - it worked! Managed to bungle the entry though with the software rejecting the order: GSL too close. But by the time I fixed it, the price had already moved quite alot. The speed at which this market moves is really amazing. Turned out my closing when the orange up-trend was broken was a smart move. My exit strategy (long) is just to close off when a significant support has been broken because this signifies that the trend that has failed and since it was that trend that inspired my entry then there the original reason for entering is no longer valid.
I was also interested when I had a long AUD/JPY open - and watching it fluctuate as the USD/JPY and AUD/USD fluctuated. I noticed through deduction that strength in the AUD was behind the trend rather than weakness in the JPY. Although at different times I'm sure one, or two or all three currencies could be trending at once and offsetting/contributing to one another. Here are some photos:
Attachments
I did go long on the GBP/USD, it did offer 10 points which i didn't take and i exited on the break even after enduring a lot of chop...that 2.000 number is quite a resistance level...my JPY long is on the nose a bit, in fact a two week old road kill smells better, my S/L at 123.00....
I just thought i'd share with you my great JPY trade....the double top on the resistance was the worry but i was hopping it would've come back to re-test it ,the S/L was moved down to escape the round number and the 161.8 fib extension, normally that would be a cardinal sin but in this case it was justified, well at least i thought so at the time,.....lol, it made me laugh i hope it brings a smile to your face as well.....
On the other hand i did pick up a few points on the GBP (short).
So far the action has been pretty choppy, hopefully we will have better trades the rest of the week....that daily candle on the Aussie looks ominous...it could be that everyone placed S/L just above the resistance on all EUR, GBP and AUD for a short trade...price action tonight perhaps will tell.
Hi folks, i've been a bit busy with the DAX futures (only just had it allowed on my account a few days ago),i did come close to pressing the trigger several times (purely scalping) but i chickened out, i need a few days of eyeballing it to get used to it....
so i'm long the USD/JPY again at around 122.90,
mainly based on a very bullish looking daily candle and also some slightly dubious hourly T/A.....i think it should be good to around 123.65, but we do have some important news coming out, GDP and rates early tomorrow morning so a bit of caution, however i'd be very surprised if the said daily doesn't live up to expectations...will leave trade on through GDP news and get a washer ready in case i have to wipe the egg of the face....
The best trade tonight would have been the GBP, IMO....yes i know hindsight and all the rest...but still a nice technical trade with a fib 161.8 extension target ( just short).
Good luck with your trading.
so i'm long the USD/JPY again at around 122.90,
mainly based on a very bullish looking daily candle and also some slightly dubious hourly T/A.....i think it should be good to around 123.65, but we do have some important news coming out, GDP and rates early tomorrow morning so a bit of caution, however i'd be very surprised if the said daily doesn't live up to expectations...will leave trade on through GDP news and get a washer ready in case i have to wipe the egg of the face....
The best trade tonight would have been the GBP, IMO....yes i know hindsight and all the rest...but still a nice technical trade with a fib 161.8 extension target ( just short).
Good luck with your trading.
Closed JPY trade for 43 pips, will re-enter if the opportunity shows, maybe around 122.95 ?
..i should add that technicaly i shouldn't exit this trade untill original target of 123.65, sometimes i exit on gut feel and though that has costed me some points in the past it has also saved me a lot , 43 pips is a respectable amount to lock in
Good evening folks, hope you had a good weekend.
The Aussie looks to have been the best opportunity, unfortunately i wasn't trading then, the first target of 8535 has been hit, second target is 8560.
The entry should have been around 8495 and it doesn't look like its coming back...an entry now is a bit risky, money management out the window....
The Aussie looks to have been the best opportunity, unfortunately i wasn't trading then, the first target of 8535 has been hit, second target is 8560.
The entry should have been around 8495 and it doesn't look like its coming back...an entry now is a bit risky, money management out the window....
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