Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

wasp

Live FX Trades

Recommended Posts

Closed for -10, reversing back to short at 212.82... It's having problems going higher, although I recognize the risk given the double-bottom on the faster frames.

Share this post


Link to post
Share on other sites
Closed for -10, reversing back to short at 212.82... It's having problems going higher, although I recognize the risk given the double-bottom on the faster frames.

 

Weee... look at me... I'm a yo-yo!

 

I've moved my S/R line slightly (from 96 to 76). It seems to fit better, which places the 4-hour candle close inside the band and therefore justifies a move higher? ... Closed short for -14 and long now from 96. Last time I'm switching... it's either do or die.

 

Talk about drunk driving! Sheesh...

Share this post


Link to post
Share on other sites
Weee... look at me... I'm a yo-yo!

 

I've moved my S/R line slightly (from 96 to 76). It seems to fit better, which places the 4-hour candle close inside the band and therefore justifies a move higher? ... Closed short for -14 and long now from 96. Last time I'm switching... it's either do or die.

 

Talk about drunk driving! Sheesh...

 

 

Closed -25. Short from 212.71. :angry::angry:

Share this post


Link to post
Share on other sites

Its been an, err, interesting week so far... Certainly a lot more trades than usual and the winners definitely are not beating the losers to the extent I like :angry:

 

-30 +100 +30 -20 -10 +115 +101 -50 -40 +49 -60 +44 +42 -28

 

Still, +243 at the moment... :(;)

Share this post


Link to post
Share on other sites

I'm concerned that GJ is exhausted. GBP (on cable) has moved VERY far (some of which is US dollar based). EUR has also moved very far and is looking over-extended. I don't think the Yen has depreciated too much. In my opinion, I think EJ has room to rebound. EJ also touched one of my S/R zones.

 

SO, change of tactics... I've closed GJ for +9 and am going long EJ at 167.76. See if I can ride this back up toward 168.20.

Share this post


Link to post
Share on other sites

I must be cursed with your strat, Wasp. Kidding... it's just poor placement.

 

4-hour candle closed below support, so... according to your destructions... closed for -10 on EJ and short at 167.57 (had I been trading my strat, I would have definitely not considered going long in the first place - but I'm learning this new strat... so...).

Share this post


Link to post
Share on other sites
Its been an, err, interesting week so far... Certainly a lot more trades than usual and the winners definitely are not beating the losers to the extent I like :angry:

 

-30 +100 +30 -20 -10 +115 +101 -50 -40 +49 -60 +44 +42 -28

 

Still, +243 at the moment... :(;)

 

Closed at 210.94 for +176

 

Long @ 211.06

 

Closed long for +12. Against my 'rules' but, with EJ and EU and cable dropping and the daily TL breaking, I cannot see this getting back up to 212 again. I may be kicking myself by the next candle but going to stand out for now as its Friday lunch and the US open did little.

 

That's +431 on the week. I feel like I am showing off and massaging my ego posting live so I am going to stop unless everyone would like me to continue.

 

Back to watching the olympics for now....

Share this post


Link to post
Share on other sites

Closed my GJ trade for +71 and I'll stay flat now through the weekend. Had this not been a weekend, I would have reversed here and gone short at 211.62 But I'm of the opinion that it's not wise to take an entry this close to the end of the week. Anything could happen during the weekend to change sentiment.

 

Anyway, have a great weekend everyone!

 

Wasp... you 'da man! I deeply appreciate the time you've taken to share your thoughts and trades during this week.

Share this post


Link to post
Share on other sites
Closed long for +12. Against my 'rules' but, with EJ and EU and cable dropping and the daily TL breaking, I cannot see this getting back up to 212 again. I may be kicking myself by the next candle but going to stand out for now as its Friday lunch and the US open did little.

 

That's +431 on the week. I feel like I am showing off and massaging my ego posting live so I am going to stop unless everyone would like me to continue.

 

Back to watching the olympics for now....

 

I don't think it seems that way. I find your "live" posts useful to follow. However, i by no means expect you or anyone to make public or justify your personal trade decisions. So while they are helpful, i''d say - don't feel obliged to post anything.

 

If posting your live trades is affecting your trading performance for the worse, by being a distraction etc. as could easily be the case, for your own sake i would advise you to stop the posts, and concentrate solely on the "business" of making pips.

Share this post


Link to post
Share on other sites

Mornin' all,

 

Few additions and changes and lines updated. Here is my outlook for the week ahead and levels I will be watching. A couple more lines to adapt to all levels played important parts in the last few weeks. Also a template for those curious in a bigger picture.

 

Sunday and the sun is shining so I am out of here... Catch you all tomorrow.

5aa70e7ab3388_thisweek.thumb.gif.71ee8465e6d500d72a3209c61f05505a.gif

levels.tpl

Share this post


Link to post
Share on other sites

A messy ride down to 209.50-208.50 is plausible, which logically is everyone's hotzone....

I will be monitoring and placing limits as we enter the said level...

An hourly close below 210.70 would prompt to short this pair...

Share this post


Link to post
Share on other sites
Closed for +40

 

Short GJ @ 211.25

 

I assume you are expecting a close below 210.70 on this 4hr and hence the short. May I ask why if you dont mind please? Its just that we have not had a close below that level for 3 weeks and everytime we do dip below we seem to close above...

Could it be the lower high and lower low closes?

Share this post


Link to post
Share on other sites
I assume you are expecting a close below 210.70 on this 4hr and hence the short. May I ask why if you dont mind please? Its just that we have not had a close below that level for 3 weeks and everytime we do dip below we seem to close above...

Could it be the lower high and lower low closes?

 

I see resistance at 211.40 area and as it has now rejected said level twice this morning, I expect a re-test of 210.70 at least, if not the break and close below.

Share this post


Link to post
Share on other sites
I'm still inclined to think this will rise, Wasp. It has a "rolling over" look and feel to it now. The next hour will be telling.

 

Inclined to agree at the moment. Far too many buyers at 210.70 to let the sellers take it lower. I think we just need a few more sellers to swap over and join the push up instead.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • NFLX Netflix stock, with a solid top of range breakout, from Stocks to Watch at https://stockconsultant.com/?NFLX  
    • It depends. If you have lots of money that you can buy a house without a loan and if you don't have any parents to sponsor then it is a good idea. Otherwise it might be a bad idea depending where in Canada you are heading to. I earned a good middle income in my home country and I migrated to Vancouver 5 years ago at the age of 35. I had to start right from the bottom, lowest of the low.. Now i am finally earning a middle income in Canada but I still cannot afford to buy a one bedroom apartment. Having left behind friends, family and home, most of the times I think it is not worth it.   In short, do not migrate if you already have a good life in your home country and you are happy. Only migrate to Canada if you really have to leave your home country say there is a war or something really bad. Discrimination still exists here and its really tough for newcomers unless you are super rich. Good luck. David Chong, Quora  
    • This is bigger than the internet. Bigger than mobile. Bigger than social media.   While everyone was distracted by stock market fluctuations and political theater…   Most people have NO IDEA what just happened last week with ChatGPT.   Their new memory feature allows ChatGPT to remember EVERYTHING about you across all your conversations.   Think about that for a minute...   While most tech companies have been collecting mere breadcrumbs about you - your likes, your clicks, your browsing history - OpenAI is now collecting the most valuable dataset in human history: your complete psychological profile.   This is Zuckerberg x 5,000.   The more you use ChatGPT, the more it understands you, becoming a supercharged reflection of yourself that improves at an exponential rate.   Are you a regular ChatGPT user?   Consider whether it’s time to turn off the “you can train on my information” feature. To prevent your data from being used for training while still using the memory feature:   Disable Model Training: Navigate to Settings > Data Controls. Toggle off "Improve the model for everyone". Manage Memory Settings: Go to Settings > Personalization > Memory. Here, you can: Turn off memory entirely. Delete specific memories. Use Temporary Chat for sessions that won't be saved or used for training. Now the investment implications…   Why This is Bigger Than You Think Consider this: the relationship between humans and ChatGPT is evolving beyond a mere tool.   People are now treating these AI assistants as friends, confidants, and even romantic partners.   I'm not making this up - there are already documented cases of people ending real human relationships to pursue “connections” with their AI companions.   A viral Instagram meme shows a person going through life with a glowing, featureless humanoid figure - representing ChatGPT - as their companion.   The post has over 1.1 million likes and comments like "Bro ChatGPT is like my best friend. Ain't even ashamed to say it" with 25,000 likes.   But here's where things get really interesting for investors and entrepreneurs...   Three Things to Watch For starters, hardware is the next big thing for the big players.   The iPhone form factor is dead.   It hasn't meaningfully changed in nearly a decade. The next evolution in hardware will be designed specifically to interface with these AI companions.   OpenAI is already working on hardware with Johnny Ive, the legendary designer behind the iPhone and iPod. But you can’t ignore Elon Musk’s edge here.   So what does all of this mean for you?   The companies that control the personal AI relationships will be worth trillions. OpenAI and Elon Musk will have the coziest moats. We're witnessing the birth of a new internet - one built on agents that can communicate with each other across platforms. Google's new agent-to-agent protocol allows AI agents to work together without sharing internal memories or tools. The hardware companies that create the perfect interface for these AI companions will dominate the next decade of technology. And almost nobody is talking about what this means.   My prediction? Within five years, most people will have a personal AI that knows them better than anyone else. And they will interact with it in ways that seem foreign today.   (And, yes, it will almost certainly have dystopian elements.)   In the meantime, the biggest gains won’t come from household names. And, right now, James is seeing a prime opportunity to invest in the most under-the-radar plays in AI…   For dirt cheap. By Chris C. Source: https://altucherconfidential.com/posts/use-chatgpt-protect-yourself-now
    • KBH KB Home stock, nice day and rally off the 50.82 support area, from Stocks to Watch at https://stockconsultant.com/?KBH      
    • KBH KB Home stock, nice day and rally off the 50.82 support area, from Stocks to Watch at https://stockconsultant.com/?KBH      
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.