"Hi talisman
I am curious to know if you entered due to the moving average cross or was it a price action trigger?"
Suleman Ghazanfar's Page
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Suleman Ghazanfar commented on Peter jcp's blog post Brief Trading Survey"hi Peter.
1.) 15-25 pips
2.) stops
3.)45-75
4.) no
5.) discretionary, based on how the price is moving.
6.) usually 2 trades per day.
7.) no"
Suleman Ghazanfar commented on Suleman Ghazanfar's blog post USD CAD 3 Hr Price action trade"Hi peter, missed the move down; had a college class.
"
Peter jcp commented on Suleman Ghazanfar's blog post USD CAD 3 Hr Price action trade"Suleman - forgot to ask you - did you catch any of the sell ?"
"T feels good to get out at exactly the right time I bet! And by the way, although I agree the loonie makes some crazy moves, it is actually called the loonie because there is a picture of a loon on the 1 dollar coin. Good trading !"
2ndSkiesForex commented on Suleman Ghazanfar's blog post USD CAD 3 Hr Price action trade"Hello Suleman,First off, really nice trade - your price action trading is really starting to come along.Some things I noticed about this setup, the price action showed a base earlier with the piercing pattern, then the 3 candle corrective pullback,…"
Suleman Ghazanfar commented on Suleman Ghazanfar's blog post USD CAD 3 Hr Price action trade"Hi. my target was achieved.
"
"Hi- not sure how you made out but my trade closed when it hit previous support and bounced back a bit."
Peter jcp commented on Suleman Ghazanfar's blog post USD CAD 3 Hr Price action trade"Hi Suleman - first of all - well done - and I can see a trade with a target RR of nearly 5 is reall tempting to leave in - especially after you had waited 15 hrs for it to get going. Personally I just keep taking profits at the highest points…"
Lisa commented on Suleman Ghazanfar's blog post USD CAD 3 Hr Price action trade"I let the market take me out.
Psychologically I can’t handle manually closing a position that continues in my favor. Ƹ̵̡Ӝ̵̨̄Ʒ"
Suleman Ghazanfar commented on Suleman Ghazanfar's blog post USD CAD 3 Hr Price action trade"Hi talisman. i did move my stop. thanks for the input."
"i took essentually the same trade ! when i get close to my target i sometimes tighten my stop and set it to trail dynamically. i always let the market take me out. always. good luck."
Suleman Ghazanfar posted a blog postUSD CAD 3 Hr Price action trade
This was a interesting trade that i took on the cad that tried my patience. After my entry was triggered, the price just sat around my entry for 15 hours. I was thinking of closing my position but at the end decided to let the trade play out. Also, a question for experienced traders. If price get close to your target but…See More
Profile Information
- About Myself
- Trading Fx for about 2 year
- Trading style
- Price action
- Current Broker
- Oanda
Suleman Ghazanfar's Blog
USD CAD 3 Hr Price action trade
Posted on April 4, 2012 at 5:08pm 10 Comments 3 Likes
This was a interesting trade that i took on the cad that tried my patience. After my entry was triggered, the price just sat around my entry for 15 hours. I was thinking of closing my position but at the end decided to let the trade play out.
Also, a question for experienced traders. If price get close to…
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