Thread: Medium and Long Term ONLY

Originally Posted by ;

quote My two long entries hit on GBP/AUD (1.7510) and GBP/CAD (1.7900). GBP/JPY simply don't need to go lower. .

Some specialized zones value chalking on GBP'AUD, particularly the UNTESTED monumental demand zone beginning at 1.636 that took three years to form! Reminds me of a similar scenario on the AUD'USD and AUD'CAD in reverse. Supply zone that was mega hit Oct '13 in to provide a large rejection. These opportunities don't happen on a high time frame but must exchange them, should they do each fool and his pet. In this current circumstance price may not make back as far as the 61.8% retrace so a period of measured loading might be the best policy!

My system says oil track for major drops.

New short positions will likely be initiated around 101.

Exited oil before weekend began. Didn't like recovery part.

It's not the whole move I want to be in but just the steepest (simplest) part.

Looking for TA market signals.

Usdchf, weekly, long @ 0.9105, tp ~@ 0.965 is in my own favor real.
indiors? e.g. cci14, bottom up
e.g. 10'000. -$ Account, 1 Lot.
Maximal anticipated drawdown: -50% (~0.86)

Great idea for a thread. Actually I was about to make a trading diary for my trades that are all long term. Not very suited for your EURUSD thread.

I've a issue with a few your principles- I always use a 100 pip SL on EURUSD but the TP is open- I search for shut and reverse place. So due to how my egy works I dont use a TP.

I also base my own trading on distinguishing cycle bottoms and tops so there's not much technical rationale that I can bring up to support my place. Hope I will not get banned because of these points.

I expect to enter short EURUSD shortly- probably around London open. Should be a quite major shirt before resuming up and we should see a considerable drop from here for at least a month.

I nearly opened a trading thread good to see you've got a longer duration one.
I'm grateful you implemented principle 10, this will definitely keep my behaviour in check

It is wonderful to see somebody in here

Originally Posted by ;

usdchf, weekly, long @ 0.9105, tp ~@ 0.965 is in my favor actual.

Hello yes it might become intriguing tool to see in near future!

Originally Posted by ;

I've a problem with a couple of your rules- I always use a 100 pip SL on EURUSD however, the TP is available- I search for reverse and close position. Due to how my egy works I dont use a TP.

Hello nicely. . Actually with no orders SL or TP is not a problem in any way, what I would like would be to see people having a rule that is clear exit or to enter the trade. So example the stop loss a exit principle can not be account margin call. In addition, I don't use any target and on occasion the stop loss is that big that I almost do not consider it all, but I have in my mind some clear reasons why I will close or not the trade so finally I will talk about them if I place the trade.... I guess it's going to be better for many readers and may become a source of understanding

Originally Posted by ;

I'm happy you rule 10, this will keep my behaviour in check

hey hello LOL the principle 10 is for fun P but ehrm... from a certain point of view, I place it to keep also MINE behaviour in check!! Like the other rules of course

Am IN ...


for not double posting :

UJ :
EG :
EU :

Dude...

this is auto regular fib that (may be ) u can use for moderate and long term functions : click

Originally Posted by ;

Definition of moderate long term: This basically means a transaction is planned on slower timeframes such as weekly-monthly-quarterly etc.. Then executed on intra-week basis and eventually turning into a multi weeks commerce in some unique cases where a tendency gains electricity

Originally Posted by ;

am IN ... for not double posting : UJ : EG : EU :

long time no see you

tks for charts! So can not use that indi but possibly will be helpful for some others, at the moment I am not using mt4