Mr. Trends PA Thread

[Nanemerry]

Well, as usual you could be right... since I have not lived in a small indiana town of 450!!! But That's a huge gap and going back I Can't find many times that a gap will remain open long... I am leery... I got out of this triggered PB at this mornings smallest so far... we have run down a complete 500 pips siince the down turn began... some retrace is due perhaps, to come up and close the gap (? ) Then I shall look to brief again... Bu tmy CAD long remains open...

For me, I see GBPUSD and for that matter, all US pairs, gaining a lot of strength with all the momentum from Friday. I'm now beginning to wonder if we will even see a pullback. There has been no pullback into gaps, so this usually means it is going to run hard.

My 0772 limitation did activate. So I'm currently short. I'll be seeking to scale in at a break of 0750 (see jpeg), or a pullback to 2.0890 (resistance)...

I have also re-evaluated my profit target to 2.0630 at a trendline bounce on 4H...

[sserpa93]

Mr Trend, just wondering what you are using on your charts? Moving average wise? Thank you

[jucits88s]

, just wondering what you are using on your charts? Moving average shrewd? Thank you

25, 150, and 365...

[wemesipks]

Giving it another go mate

[jucits88s]

Alright. I had mentioned earlier in my posts I was outside at around 0640...

But I got up this afternoon, and I started thinking about this pinbar. Can be a weekly pinbar just going to go 100 pips and then that is it? Very infrequently. Ordinarily, a pinbar is the beginning of a large drop.

So... I moved my profit goal around 0460. And I'm glad I did. We moved through initial assistance this morning just like knife through butter...

[anticxxtes]

Nice to see that you got a journal Mr. T.
I will like seeing some of your transactions.

You rock over the guy on your avatar.

Peace,
Tom

[jucits88s]

Nice to see you have a journal Mr. T.
I will like seeing some of your trades.

You rock over the guy in your avatar.

Peace,
Tom

Hehehe... yer mad dude... thanks for the kind words...

[jucits88s]

See attached pic.

[jucits88s]

See pics. If we receive a break of 109, USDJPY is gont move. And I want to be sure I'm on it. I will enter short on a verified break AND THEN pullback.

OR

I will enter immediately on the break. It is different. If I see a strong momentum, I will just get on when we split it. It all depends on how competitive you are as a trader. I'm fairly aggressive based on the way the market is reacting.

Now why would I be competitive with this movement? Due to one large reason -- if it breaks this little support, price is gont need to make it on the base of that descending triangle...

[cokdttpk5]

Mr trend,
I would luv it if you made some videos of options and futures,
your thread rocks.

Additionally wondering do you hedge every trade in futures with
a option, or would you only do that under certain circumstances?

westie