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  • Page 1 of 5 1 2 3 ...
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    Thread: 8692913 - Technical Analysis [2nd attempt]

    1. #1
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      Default 8692913 - Technical Analysis [2nd attempt]

      Hi Guys
      I'm again with a different strategy. The first one did not favour me but I hope that this one will take me to the top.

      Here are my account details.

      Login: 8692913
      Investor: x3wattu

      I will trade using Moving Averages, Price action, Fibonacci retracements and pivot points. I will open up a position if price crosses the EMA's then take profit at the next resistance or support. I will add positions to my trade using price actions and Fibonacci retracements.

      Best of Luck to all my fellow contestants.
      MT5 Rocks


    2. The following 2 users say Thank You to chimasky for this useful post.

      NikitaBelle (11-26-2011), PhantomTrader79 (11-14-2011)

    3. #2
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      The following trades were entered on Eurusd 30 minutes chart because of the formation of a bearish engulfing candle indicating further fall of the pair.
      736633829 - sold at 1.3605
      736642194 - sold at 1.3572
      736642869 - sold at 1.3566
      MT5 Rocks


    4. #3
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      I have opened three more sell positions, buy they are still pending waiting to be triggered if price continues downward.
      736651791 - sold at 1.3568
      736651906 - sold at 1.3573
      736649643 - sold at 1.3545
      MT5 Rocks


    5. #4
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      Quote Originally Posted by chimasky     
      I have opened three more sell positions, buy they are still pending waiting to be triggered if price continues downward.
      736651791 - sold at 1.3568
      736651906 - sold at 1.3573
      736649643 - sold at 1.3545
      The first two trades were triggerred but resulted in losses since the pair suddenly retraced upward and the the third one was canceled by me when I notice that the trend might be changing.
      MT5 Rocks


    6. #5
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      I have opened one buy position, I hope this one ends well because I don't have another chance apart from this one.
      736664225 - bought at 1.3622 .
      MT5 Rocks


    7. #6
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      good luck for your 2nd attempt.
      Hope, this time you will play in better way and use good money management too.


    8. The Following User Says Thank You to bigearners For This Useful Post:

      chimasky (11-11-2011)

    9. #7
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      Quote Originally Posted by bigearners     
      good luck for your 2nd attempt.
      Hope, this time you will play in better way and use good money management too.
      Thanks bigearners, I will try my best. But you do understand that when one lose the first attempt there is a deduction of 10000$, so I do need to trade more aggressive this time in order to meet up.
      MT5 Rocks


    10. #8
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      Gadis Melayu will become famous soon enough Gadis Melayu will become famous soon enough Gadis Melayu's Avatar
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      Good luck with your stratergy and you can catch up the deduction of the USD10000. Hope to see you with your good result in trading.


    11. The Following User Says Thank You to Gadis Melayu For This Useful Post:

      chimasky (11-11-2011)

    12. #9
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      Quote Originally Posted by Gadis Melayu     
      Good luck with your stratergy and you can catch up the deduction of the USD10000. Hope to see you with your good result in trading.
      Thank you Gadis Melayu, I hope with this new strategy I can be able get to the top of the list.
      Goodluck in your trades.
      MT5 Rocks


    13. #10
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      The following trades were opened on eurusd and audusd pairs respectively, and have closed successfully:
      736729560 - bought at 1.3637, closed at 1.3647
      736738487 - sold at 1.0120, closed at 1.0110.
      MT5 Rocks


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