Technical Trading Setups Journal

[cornix]

Was tricky tight range before that trade, which shows how fine entry can be found even in such a messy market conditions with enough patience and focus.

http://www.cornixforex.com/2012/03/trendline-and-level-re-test-trade/

 

[clightmarathon]

If one pays attention...

 

[cornix]

Quote from clightmarathon:

If one pays attention...

Yeah, European session has a bad habit lately of chopping, making traders sleepy and then either squeezing or crashing.

 

[cornix]

4 pips stop-loss when trading forex. Clearly possible with some focus and multiple factors considered.

http://www.cornixforex.com/2012/03/4-pips-stop-loss-in-the-forex-market/

 

[dv4632]

Quote from cornixforex:

No, quite objective really. Mini resistance is simply last swing high/low within the current trend on 1-min. That's usually where I place initial stop-loss at, if there are no such levels around, then simply risk whatever seems the most appropriate and stays within boundaries of my acceptable risk (no more than 10 pips usually).

Ok, so looks like it's a pip above that last 1-min swing high. I see that.

The reason I didn't understand is because the line went all the way to the left edge of the chart, so I thought it must have been something farther to the left that caused you to put the stop there.

 

[cornix]

Quote from dv4632:

Ok, so looks like it's a pip above that last 1-min swing high. I see that.

The reason I didn't understand is because the line went all the way to the left edge of the chart, so I thought it must have been something farther to the left that caused you to put the stop there.

Right, I should elaborate it in more details next time.

 

[cornix]

Price action trading during the fast market example:

http://www.cornixforex.com/2012/03/fast-market-price-action-trading/

 

[cornix]

Bear flag pattern entry fine tuned on 1-min chart:

http://www.cornixforex.com/2012/03/bear-flag-pattern-fine-tuned-on-1-min-chart/

 

[clightmarathon]

Quote from cornixforex:

Bear flag pattern entry fine tuned on 1-min chart:

http://www.cornixforex.com/2012/03/bear-flag-pattern-fine-tuned-on-1-min-chart/

Hey, you stole my chart

These are very good probably because they look like a bottom sucking in those who think it can not drop further and their stops add to the fuel.

 

[cornix]

Quote from clightmarathon:

Hey, you stole my chart

These are very good probably because they look like a bottom sucking in those who think it can not drop further and their stops add to the fuel.

Yea, week longs likely enter there, but as soon as it breaks the resistance, heavy shorts step in... The rest is on the chart.

Great, that you took it too!