OPEN POSITIONS (0)



CLOSED POSITIONS

EURJPY - Bearish Pattern
USDCHF - Bullish 3 Drive (added 04.05.2011 - 14:28 GMT 1)

CANCELLED ORDERS

EURCHF - Bearish Butterfly (added 28.04.2011 - 13:45 GMT 1)
USDCHF - Bullish Deep Crab (added 29.04.2011 - 10:21 GMT 1)
EURUSD - Bullish 5-0 Pattern (added 03.05.2011 - 18:07 GMT 1)
EURGBP - Bearish Buttefly (added 29.04.2011 - 08:23 GMT 1)
EURJPY - Bullish Gartley (added 28.04.2011 - 22:16 GMT 1)


PENDING ORDERS (2)

GERMAN30 - Bearish 5-0


EURGBP - Bearish Gartley

http://my.jetscreenshot.com/3270/201...mj4z-131kb.jpg

That is the type of Setups I enjoy. We have ratios that are perfect.

SELL ZONE: 0.9116 - 0.9170... 54 PIPS

STOPLOSS: ~60 PIPS

TAKEPROFIT 1: Point B: 0.8940 ~ 175 Pips

RRR: 1:2,9


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Hello everyone,

I opened this thread because I truly need help with my trading.

So far, I did very well but the previous 2 month have been a astrophe. My account is down 34%.

I have to worry that I know Moneymanagment nicely and only trade with a minute 2:1 RRR and customized positionsizes.

I used to exchange from higher timeframes and created 20% and more every month in and out.

As I wanted to become more active as a trader and dont wanted to wait long because of my installments I began trading on an intraday basis. The machine I used on timeframes is suitable for lesser ones.
But for now it doesn't work for me and I know I can't force the system to do the job.

In the future I will post charts and setups interactively and hope that you guys are interested in discussing these trade thoughts.

But let me explain how I operate:

The fundament of my trading have been harmonic price patterns because you can view them on harmonictrader.com

For my longer term transactions I used the following in allignment with these patterns:

- Levels of Support Resistance (flat, Trendlines, Channelprojections)
- MACD (only Divergences)
- COT Report (looking for extreme placement )

Example:

http://my.jetscreenshot.com/3270/201...iheh-125kb.jpg

This is a possible scenario. There is no purpose to go long right now @ C. Price can proceed down farther. The PRZ is about 70 Pips (note we are @ a daily chart) and also the very first TP is @ Point B 200 Pips. So almost 3:1.


About the Intraday Basis I utilize these tools (the heart of the machine are still the harmonic patterns):

- Support Resistance
- Pivot Points
- Plogical Levels
- Yesterday High Low
- MACD (only for Divergences)

I don't need to observe all resources in confluence. The main issue to me is support resistance. Sometimes I exchange them without harmonic patterns.

Instance:

http://my.jetscreenshot.com/3270/201...an14-134kb.jpg


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http://my.jetscreenshot.com/3270/20110413-hd96-99kb.jpg



In the moment I have no real loosing trades to reveal you. I will post them. Any aid would be really appreachiated by me!