Bobby M Thread

[bobby m 10]

Hi this thread will show what setups i look for.

Nothing new or clever here, it's basically the same setup over and over.

Please note, i often have losing trades, but my R:R is always better than 1:1, otherwise no trade.

Please feel free to comment, Here's some charts.

 

Aud/nz short. this has been like watching paint dry.Closed half at yellow rectangle, moved stop down.

 

Eur/aud long. closed half, moved stop.

 

Silver short. closed half, moved stop

 

Eur/usd short, i traded the first revisit, i tend to err on the side of caution and not take 2nd tests.

 

Sugar short. looks like it will be a loser, will check action later.

 

regards

[bobby m 10]

Trade update.

Eur/aud, aud/nz, silver.

Profit objectives hit on 2nd part of trade. Average R:R 5:1

Sugar is now onside, i'll run it.

 

Forgot to include 5 yr t-note.

closed half, moved stop, 2nd profit objective met.

 

Still wanna trade all those candlesticks, squiglly line crossovers????

[bobby m 10]

Sweet Jesus, this place is an embarassment to trading forums.

Apologies to fellow traders, but the mods are ridiculous.

Good luck to all

p.s dont follow the squiggly lines, thats the devils/losing traders method.

[bobby m 10]

Ok got an e-mail from the mods today, explaining what the problems were,when i was trying to post. Seemed very reasonable, so i thought i'd throw up some charts, of just a few examples of recent trades.

Probably the only thing of note, is on the ftse chart. In the centre of the chart, i marked off a bull flag, as price was approaching an area i was looking to short,from a longer timeframe.This negates the shorting opportunity, as i have noticed price will often go past the zone, thereby hitting the stoploss.

The same applies for a bear flag approaching an area i'm looking to go long.The safest approach, is to pull the order,and await the next opportunity.Preserving the account is the main priority.The two trades eitherside were pretty obvious.The second trade,closed half at 1st profit objective,stop to b/e, still in the trade.Gbp/chf same.

The other charts are self explanatory.

 

Regards.

[bobby m 10]

quick update of some charts and recent trades, and yes, that is a 1m chart on eur/usd.

Don't dismiss it as noise or being untradeable, it just needs very proactive monitoring, and moving s/l to b/e asap.

all the trades should be self evident.any questions,ask.

 

cheers

[bobby m 10]

no idea why the charts don't show, they appear on the preview post.

click on them, they are there.