Page 1 of 2 12 LastLast
Results 1 to 10 of 20
  1. #1
    Active Member stensten's Avatar

    Stensten intraday signals (just for reference!) !!!

    Click image for larger version.

Name:	GBPAUDH4.jpg
Views:	38
Size:	21.3 KB
ID:	2695

    Hi, my first post on my day trades.. just for info as i have limited success in trading!

    1. GBP/AUD in strong downtrend
    2. We have reached strong support region. Notice many candles reach around the line and price bounces off it
    3. Current candle is only 10 mins in. The previous one shows a bullish engulfing candle, and together with the support line, it seems like a good long trade.

    I usually go for 4 hours. But 4 hours later will encroach into the London time opening. I am always wary about market opening hours as we might see some volatility, so i opt for 8 hours.

    Good luck!

    p.s. apologize for slightly blurry pic...

  2. #2
    Active Member stensten's Avatar
    ok seems like lucky first trade for me.. went up by 100 pips

  3. #3
    Active Member stensten's Avatar
    Click image for larger version.

Name:	EURJPYH4.jpg
Views:	35
Size:	20.0 KB
ID:	2701Click image for larger version.

Name:	EURJPYH4_2.jpg
Views:	33
Size:	19.9 KB
ID:	2703
    1. First chart is the zoom out of H4 EUR/JPY. Red line is the support line.

    2. Second chart is zoom in of recent candles. As we can see, EUR/JPY is in very strong downtrend.A little late here, as the circle shows, there is a bearish engulfing candle after price recovery. However, this completes the "lower high", and i think price will test the support once again.

    Tomorrow we will see extremely important news for Euro, so for short term traders, best to close all positions. I will again go for 8 hours short

    Good luck!

  4. #4
    Legendry Member milos's Avatar
    Nice charts and entry points.

  5. #5
    Active Member stensten's Avatar
    Thanks Milos,

    Too bad yesterday's trade lost.. today will not be trading due to extreme news for Euro.. just sit back and watch the action!

    p.s. hmm i looked at the charts this morn, thought i lost.. seems like there was an sudden drop in price when i zoom in to 1 hr chart, and my trade actually won.?
    Last edited by stensten; 01-22-2015 at 12:11 AM.

  6. #6
    Legendry Member willyw's Avatar
    Quote Originally Posted by stensten View Post
    Thanks Milos,

    Too bad yesterday's trade lost.. today will not be trading due to extreme news for Euro.. just sit back and watch the action!

    p.s. hmm i looked at the charts this morn, thought i lost.. seems like there was an sudden drop in price when i zoom in to 1 hr chart, and my trade actually won.?
    Keep it up Sten

  7. #7
    Active Member stensten's Avatar
    Quote Originally Posted by willyw View Post
    Keep it up Sten
    Hi Willyw,

    Thanks for your kind words! I cannot see any pvt message, think my post count is still low, will contact you on skype soon. Cheers

  8. #8
    Active Member stensten's Avatar
    Click image for larger version.

Name:	EURJPYH4_3.jpg
Views:	25
Size:	20.0 KB
ID:	2708

    Sorry i cannot resist!

    This is continuation of yesterday's chart. Did not change anything, just added the blue circle.

    1. At blue circle, noticed how price recovered, but respected the trend line
    2. Inverted hammer at trend line
    3. Another lower high completed.

    From this setup, i think price should follow the main trend and move down. High impact news in around 6 hours time so i will go for 4 hours short.

    Good luck!

  9. #9
    Active Member stensten's Avatar
    Click image for larger version.

Name:	GBPAUDH4(1).jpg
Views:	24
Size:	19.7 KB
ID:	2709

    This should be a valid trade but i cannot find the pair on the CT platform.

    1. Red line is resistance level
    2. Price touched the line and went down, forming reverse hammer
    3. Followed by bearish engulfing candle

    Short.

  10. #10
    Active Member stensten's Avatar

    Talking !!!

    so far so good... think eur/jpy is my current fav pair, many good signals. Lets look at the following:
    Click image for larger version.

Name:	EURJPYDaily.jpg
Views:	22
Size:	19.9 KB
ID:	2710Click image for larger version.

Name:	EURJPYH4_23 Jan.jpg
Views:	22
Size:	19.6 KB
ID:	2711

    1. Daily chart. Red line is significant. Previously acts as resistance line, then it broke, became the support line. And so far held up well. This is the exact same support line in previous charts.

    2. Zoom in to H4. After yesterday's news price broke this support. Now we should expect some rebound and testing of this important zone as bulls and bears fight for control. Remember JPY pairs are capable of very long trends. Looking at the price action around this support (inverted hammer at support as price tried to go up but failed), i think in the mid-term, Eur/jpy will be bearish.

    Good luck!

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
3