Spiders Den
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thread: Spiders Den

  1. #1
    Junior Member klacid135's Avatar
    27

    Spiders Den

    Trading.. .in a way, it's like trapping. I set the traps if they are walked to by the pips and where I hope that the trades will be the traps are scrapped. If the movement is too strong the traps automatically lets the pips out (following a 35 pip loss). Otherwise, it contains them till I collect some pips which are in them and check the traps.


    This thread will be for live conversation regarding the trades and setups.

    Rules:
    1. Charts
    2. Logic
    3. Or no submitting. .


    BICKER AND YOU WILL BE BANNED



    Thanks.

    T

    The thread is currently opened to all of traders which are learning how to trade and those who want to donate to the thread.

  2. #2
    Trade :
    Entry 1.4344
    Stop :1.4320
    Tp1:1.4360
    Tp2:1.4380

    The Chart is attatched..
    Rationale:
    Confluence
    Fib Level
    And encourage

    Thanks
    Black Widow

  3. #3
    Junior Member klacid135's Avatar
    27
    Trade :
    Entrance 1.4344
    Stop :1.4320
    Tp1:1.4360
    Tp2:1.4380

    The Chart is attatched..
    Rationale:
    Confluence
    Fib Level
    And support

    Thanks
    Dark Widow
    By the time your post appeared it had already struck TP. Good job mate as always!

    Shortly after post number 5, no delay

  4. #4
    Junior Member klacid135's Avatar
    27
    I will post in my thread when I have the time. All will be endorsed by charts. There are a few systems which are utilized for trading and various trade setups. I will explain why most of the platform of MA are not that great, and what's the difference between MA crossovers that are trading and RSI for example. Also I will make directions like how to use R ratio, the way to see a fantastic trade setup.

  5. #5
    Hi Tarantula,

    Sweet and simple ...
    Will be posting setups here as well with all the defined criteria. .

    Take care

    BlackWidow

  6. #6
    Junior Member klacid135's Avatar
    27
    This is yesterday's case of Breakout-Pullback-Continuation or how it's popularly called a Retest-Continuation.

    How do we determine a trend. By placing Trendline, MA ( 144 for instance) or just by searching for zigzag's in up/down direction. I am able to spot the trend on sight, but need viewing time for it.

    In this particular trade I required an entry after a retest of reddish line which serves as a continuation movement. Just look at the picture. The cost was manipulated a bit. . EU was awaiting 11h to fall but it eventually dropped.

    A valid trendline need to have 3 touches. 2 to ch the 3 and trend to validate it.


  7. #7
    Junior Member klacid135's Avatar
    27
    TECHNICALS and my homework says we ought to touch 4430 today. . .Projection belongs to 4380. .

    I shall have a short again @ 4480. Monitoring it. . .h1 chart..stops over 4505
    The quote is obtained after spotting a negative reversal trade on h1 chart. What's written in the price. Being a technical trader I admire my Stop Loss levels and my graphs. The move was good for 100 pips longer, but I closed it earlier as I rarely maintain overnight trades

  8. #8
    Junior Member klacid135's Avatar
    27
    We may observe a jump. Institutional traders place orders around round numbers. 50, 00 etc

    However when u place 3 Black Crows/ soldiers, caution is always advised.

  9. #9
    Junior Member klacid135's Avatar
    27
    Also my partner and friend BlacWid0w will post trades here.

    He is a seasoned dealer but he doesnt post on FF. Believe me this guy rocks.

    One of the best traders I have encountered so far.

  10. #10
    Hi Tarantula, ''

    Nice Charts good excuse...
    I guess today that the move has happened a lot of traders say what second and try and scalp and there and make mistakes...I dont need to make this a discussion thread but more of an appearance at the graph logic and exchange...

    I truly disagree with the traders that call longs and shorts simply based on

    that I THINK SYNDROME.
    Also alot members on other threads have a tendency to call its going here there and everywhere. . .umm Why. .

    We'll alter things in this thread...

    Dark Widow

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