NexusFi: Find Your Edge


Home Menu

 





Reggy's Pitchforks, Fibs, Gartleys


Discussion in Trading Journals

Updated
      Top Posters
    1. looks_one Reggy with 6 posts (1 thanks)
    2. looks_two bayfisherman with 2 posts (0 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 Steven Sontag with 1 posts (0 thanks)
    1. trending_up 2,265 views
    2. thumb_up 1 thanks given
    3. group 3 followers
    1. forum 8 posts
    2. attach_file 13 attachments




 
Search this Thread

Reggy's Pitchforks, Fibs, Gartleys

  #1 (permalink)
 
Reggy's Avatar
 Reggy 
Brooklyn, New York
 
Experience: Intermediate
Platform: Sierra Charts, NinjaTrader, mt4, oanda, some multicharts
Broker: cms forex
Trading: currency futures, forex
Posts: 18 since Apr 2010
Thanks Given: 22
Thanks Received: 37

EURUSD pitchfork reaction lines define inverse Head & Shoulders, possible short to 2674. Am I missing something? With a 40pip stop, the risk/reward is 2/1?

...Oh can't you see-e-e-e, euro belong to me-e-e-e...
Attached Thumbnails
Click image for larger version

Name:	eurusd targets scale out overview.png
Views:	290
Size:	213.3 KB
ID:	59306   Click image for larger version

Name:	eurusd targets 2755 2734 2674.png
Views:	238
Size:	200.5 KB
ID:	59307  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
NexusFi Journal Challenge - April 2024
Feedback and Announcements
Deepmoney LLM
Elite Quantitative GenAI/LLM
Are there any eval firms that allow you to sink to your …
Traders Hideout
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Futures True Range Report
The Elite Circle
 
  #3 (permalink)
 bayfisherman 
Tallahassee
 
Posts: 57 since Jan 2012


I like to fork it up as well

Attached Thumbnails
Click image for larger version

Name:	EU 60m.jpg
Views:	258
Size:	204.0 KB
ID:	59350  
Reply With Quote
  #4 (permalink)
 
Reggy's Avatar
 Reggy 
Brooklyn, New York
 
Experience: Intermediate
Platform: Sierra Charts, NinjaTrader, mt4, oanda, some multicharts
Broker: cms forex
Trading: currency futures, forex
Posts: 18 since Apr 2010
Thanks Given: 22
Thanks Received: 37

Thanks for the informative post and the great call. Seems we nailed it. Just lucky, or is this batting better than 500?

...Oh can't you see-e-e-e, euro belong to me-e-e-e...
Attached Thumbnails
Click image for larger version

Name:	aab-eurusd compare 2hrs vs 7hrs below support.png
Views:	207
Size:	138.8 KB
ID:	59382   Click image for larger version

Name:	aac correction of reaction lines.png
Views:	189
Size:	148.0 KB
ID:	59383   Click image for larger version

Name:	aad-EU will retrace or go express.png
Views:	208
Size:	149.7 KB
ID:	59384   Click image for larger version

Name:	aaf-eurusd targets 2755 2734 2674.png
Views:	171
Size:	200.5 KB
ID:	59385   Click image for larger version

Name:	eurusd final target hit ahead of schedule.png
Views:	187
Size:	201.0 KB
ID:	59386  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #5 (permalink)
 bayfisherman 
Tallahassee
 
Posts: 57 since Jan 2012

It looks like you have a whole combination of analysis going on there....are those Gann Fans mixed in too?

Closed EU short this morning +106...took a long off the bottom at prior lows...in the money 15 pips or so, what's the first resistance level you have above now?

Reply With Quote
  #6 (permalink)
 
Reggy's Avatar
 Reggy 
Brooklyn, New York
 
Experience: Intermediate
Platform: Sierra Charts, NinjaTrader, mt4, oanda, some multicharts
Broker: cms forex
Trading: currency futures, forex
Posts: 18 since Apr 2010
Thanks Given: 22
Thanks Received: 37


bayfisherman View Post
It looks like you have a whole combination of analysis going on there....are those Gann Fans mixed in too?

Closed EU short this morning +106...took a long off the bottom at prior lows...in the money 15 pips or so, what's the first resistance level you have above now?

Just have Pitchfork, the reaction lines, Center of Gravity, ZUP_v83, i-sessions and 21Hull, 55Hull on mt4. My experience with NT7 is that it's very powerful, but too bulky and slow for macro analysis. All the indicators are free for mt4, but probably would cost a lot for NT7. Plus NT7 would require a server farm of CPU horsepower to run stuff that mt4 can do on any PC.

On my way to work, talk about it later if you can't find the indicators.

...Oh can't you see-e-e-e, euro belong to me-e-e-e...
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #7 (permalink)
 
Reggy's Avatar
 Reggy 
Brooklyn, New York
 
Experience: Intermediate
Platform: Sierra Charts, NinjaTrader, mt4, oanda, some multicharts
Broker: cms forex
Trading: currency futures, forex
Posts: 18 since Apr 2010
Thanks Given: 22
Thanks Received: 37

Where to put the alert? Maybe 2800. Where to put trigger? 2800?

...Oh can't you see-e-e-e, euro belong to me-e-e-e...
Attached Thumbnails
Click image for larger version

Name:	reaction zone selloff- [EURUSD,M30]_2012-01-12_23-24-52.png
Views:	207
Size:	144.4 KB
ID:	59530   Click image for larger version

Name:	rejection pitchfork breakdown- [EURUSD,H4]_2012-01-13_00-02-29.png
Views:	214
Size:	159.9 KB
ID:	59533  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #8 (permalink)
 
Reggy's Avatar
 Reggy 
Brooklyn, New York
 
Experience: Intermediate
Platform: Sierra Charts, NinjaTrader, mt4, oanda, some multicharts
Broker: cms forex
Trading: currency futures, forex
Posts: 18 since Apr 2010
Thanks Given: 22
Thanks Received: 37

First target was hit about 129min after the short call at 12:53am, EST, 9oct2012. Probable next area is the 100.00s?

...Oh can't you see-e-e-e, euro belong to me-e-e-e...
Attached Thumbnails
Click image for larger version

Name:	EURJPY next ML - 10_9_2012 , 12_32_04 PM.jpg
Views:	192
Size:	286.0 KB
ID:	91516  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote
  #9 (permalink)
 
Reggy's Avatar
 Reggy 
Brooklyn, New York
 
Experience: Intermediate
Platform: Sierra Charts, NinjaTrader, mt4, oanda, some multicharts
Broker: cms forex
Trading: currency futures, forex
Posts: 18 since Apr 2010
Thanks Given: 22
Thanks Received: 37

EURUSD is now lined up with on the reaction line from last swing low on 8Oct2012. At 3:00am, EST, the first HA candle had formed on the EURJPY. Probability of forming only one HA bar is about 20% or less.

...Oh can't you see-e-e-e, euro belong to me-e-e-e...
Attached Thumbnails
Click image for larger version

Name:	EURUSD HITS BULL - 10_10_2012 , 12_14_08 PM.jpg
Views:	192
Size:	252.7 KB
ID:	91643   Click image for larger version

Name:	EURJPY HITS BULL - 10_10_2012 , 12_13_05 PM.jpg
Views:	177
Size:	259.6 KB
ID:	91644  
Follow me on Twitter Visit my NexusFi Trade Journal Started this thread Reply With Quote




Last Updated on October 10, 2012


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts