Potential Master Candle Set Ups

[samarkand]

That's not even 3 candles.

Please read more carefully what I said

Quote......"This was not a perfect set up, but I entered nevertheless"

It was my choice. I took a decision and I made plenty pips.

[samarkand]

Heres the Cable trade where I just took +50 pips. (Post 7 and 8)

[samarkand]

Aussie setting up for a possible move

I took a short position on this one.

Half position now closed @ +22 (Balance at entry +1)

[samarkand]

I took a short position on this one.

Half position now closed @ +22 (Balance at entry +1)

Balance closed @ +43, making an average profit of +32.5 pips


Total for 4 hours +124 pips

(Cable +50, GbpJpy av +41.5, Aussie av +32.5)

[Dane]

Nice work mate. Love it!

[doogie88]

This one didn't turn out too well, unless you cashed out at 20-30pips. Looked like it was set for a nice breakout though. Maybe wasn't a good time?

[samarkand]

This one didn't turn out too well, unless you cashed out at 20-30pips. Looked like it was set for a nice breakout though. Maybe wasn't a good time?

Hi Doogie

Dont fight a down trend by going long unless you are prepared to take small pips, say 10,15,20 on a portion and then put the stop at b/e on the balance.

I've already taken a nice profit on this one going lower (max 122 pips so far).

Heres a chart for you that I prepared earlier.

PS Your bottom line looks a little off.

[samarkand]

Doogie

So that you understand, heres another trade I've just entered on Chf.Jpy

Notice its a down trend - so I didn't risk trading the upper breakout.

Currently +28.

and I've already taken +23 on half, and the balance is now at break-even +5

[samarkand]

Doogie

So that you understand, heres another trade I've just entered on Chf.Jpy

Notice its a down trend - so I didn't risk trading the upper breakout.

Currently +28.

and I've already taken +23 on half, and the balance is now at break-even +5

Things have moved pretty fast currently +69 on the balance, and I've got a TP on at 81.35

[samarkand]

Things have moved pretty fast currently +69 on the balance, and I've got a TP on at 81.35

Target has been hit at +75

so first portion +23, and balance +75 = 98

making average +49 pips on ChfJpy