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Author Topic: TA Forex Trading  (Read 16137 times)

Pennies2007

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Re: TA Forex Trading
« Reply #3420 on: July 24, 2017, 05:42:39 am »
Shorting GU here for a bit based on the 15 minute chart.

Might have been a few pips early though. Still could touch 1.3050.


Pennies2007

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Re: TA Forex Trading
« Reply #3421 on: July 24, 2017, 05:49:09 am »
Shorting GU here for a bit based on the 15 minute chart.

Might have been a few pips early though. Still could touch 1.3050.

GU chart with more details including TP level about 80 pips below where we are now.


Heavyweight

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Re: TA Forex Trading
« Reply #3422 on: July 24, 2017, 07:45:50 am »
Are we still long that falling box of knives known as UCAD?

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Pennies2007

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Re: TA Forex Trading
« Reply #3423 on: July 24, 2017, 12:55:06 pm »
Are we still long that falling box of knives known as UCAD?

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LOL! Yep, that we are Heavy. Looking for 1.29 to the upside.

Pennies2007

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Re: TA Forex Trading
« Reply #3424 on: July 24, 2017, 07:52:33 pm »
Shorting CJ here at 88.95. Going sideways in a zone right now, plus there's a fresh zone right above us at 90 if it does manage to break above here. From a daily perspective, that's small potatoes.

TP set for 82.


Pennies2007

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Re: TA Forex Trading
« Reply #3425 on: July 25, 2017, 12:41:41 am »
Shorting AU at 0.7935...might be a bit early.

Pennies2007

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Re: TA Forex Trading
« Reply #3426 on: July 25, 2017, 12:58:46 am »
Targeting 0.79 on the AU short that I took at 0.7936. Actually, it looks to go a lot lower than that but I'm just gonna grab profits at the round number and see where we go from there.

I can see it easily going back to 0.7865 or so.

15 minute AU chart...HA candles broke a triangle to the downside and is now retesting it.


Pennies2007

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Re: TA Forex Trading
« Reply #3427 on: July 25, 2017, 04:09:45 am »
Went ahead and took a bit over 10 pips profit on the AU short. It's just not producing the downside volume I wanted to see so it's safer to take da money and run and wait for the next setup.

Pennies2007

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Re: TA Forex Trading
« Reply #3428 on: July 25, 2017, 04:28:20 am »
AU 5 Minute Chart

Stuck between 2 tight zones right now so I'm leaving it alone till one or the other gives way.


Pennies2007

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Re: TA Forex Trading
« Reply #3429 on: July 25, 2017, 04:41:08 am »
It's bouncing out of the lower zone so I'm risking a small long position on AU here at 0.7928. Probably won't hold it long though.

Pennies2007

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Re: TA Forex Trading
« Reply #3430 on: July 25, 2017, 05:18:56 am »
Solid bullish reversal candle on Au 15 minute chart. Up we go.

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Pennies2007

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Re: TA Forex Trading
« Reply #3431 on: July 25, 2017, 05:27:46 am »
Looks like AU is headed back to test the highs again. Looks like a C wave up beginning after 5 waves down on the previous move. I'll be out of the long position no later than 0.7950.

Pennies2007

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Re: TA Forex Trading
« Reply #3432 on: July 25, 2017, 05:29:56 am »
AU 5 Minute Chart with TDI breakout and retest

One of the key things I look for to see if a zone will hold.


Pennies2007

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Re: TA Forex Trading
« Reply #3433 on: July 25, 2017, 06:35:12 am »
Went ahead and took the profit at 0.7940 as we get closer to that previous zone but I suspect it will likely move back towards the highs later. We've got red flag AU news tonight so I'm not gonna hold it and get stuck through the news.

Headed back to bed. Later gang...

Here's the AU 5 minute chart again showing how the TDI predicted that lower zone would hold and that AU would pop back up.

Before and after charts...




javalin

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Re: TA Forex Trading
« Reply #3434 on: July 25, 2017, 02:04:00 pm »
AUD USD 1 HOUR-three rejections at the 78.6--Reminds me of my late nephew when his girlfriend dumped him-he went to her door and saw another man there-He said  Does this mean we're broke up .--AUD/USD you just haven't realized -You have been rejected -rejected -DUMPED -now is the time to GO SOUTH 

 

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TA Forex Trading by Heavyweight
September 30, 2018, 11:48:51 pm