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- Lrt.Ita replied Aug 25, 2014
Thanks to Carpathian and Masterrmind for the tips. The matter is that theres a lot of space between theory and real-time operativity. For ecample I just missed 4 nice and profitable entries that i planned to take on xxxJPY crosses.. In the 20 min i ...
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 25, 2014
Technically, if I'm not wrong, analyzing the candlesticks i see an up hammer, that generally indicates uptrending strenght, followed by doji-like candle that should indicate some uncertainty. I looked at the hammer, and what I saw was a "strong" ...
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 25, 2014
Here it came the SL, as I was expecting. Now on I will close manually the trades that turn against me as I understand it from the strenght meter. Lrt
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 25, 2014
LOL I had a pending there and removed it as I remembered of the news. Lrt
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 25, 2014
I'm long @.200 CADJPY, at the triggering time everything was good but now I'm seeing JPY becoming stronger and CAD losing strenght. I'm here just wondering if it's smart to close the trade now in (a little less) loss instead of just waiting for it ...
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 25, 2014
Goodmorning! First of the day, GU to TP. Long @.700 5 mins before London Open, so technically a little against the rules. Setup was nice and everything on my side so i took it. Lrt
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 22, 2014
I'm with ICMarkets, 30 mins from the news and still freezed.. Never happened before for so long! Lrt
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 22, 2014
NZDJPY TP long @.400. Now the platform is freezed since 10 mins ago.. Those red news on USD seem to be pretty strong. Lrt
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 22, 2014
I believe you, i was just saying that your values for D1 and H4 are different from mine and from the ones that the vast majority of the traders here have
As simple as possible: 00 level trading. Btw thanks for the advice, i removed the psylevel dashboard few weeks ago.. Now I'm looking ...
- Lrt.Ita replied Aug 22, 2014
Are you sayin that is very important to take a look on what the cross also did specifically in the last 4 hours? I'm asking that because a H4 candle could be red even after a 4hr uptrend, if a new candle started by a few minutes and it is some pips ...
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 22, 2014
With high ADR and volatility probably is better to wait for the trends to be strong and confirmed, but now that prices move slowly and "trends" generally last only a few pips i think you must be able to catch them on their beginning, as in fact ...
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 22, 2014
Ok thanks, i got it. I just lost another trade with half the risk by shorting EU @600. The right entry was .700, as Masterrmind did.. Since now I have always avoided the entries near the DO because i considered them risky and a possible reversal.. ...
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 22, 2014
You're right, that was a stupid thing. What do you mean with "Try to take the 1st possible entry after DO!"? To just wait for a trend to begin in the day, take profit on it and stop? Thanks. Lrt
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 22, 2014
GJ to SL, indicators, strenght and conformation are telling me there is still a downtrend and i thought price would have gone down again in a few minutes. Probably it will, but i entered too early. Lrt
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 22, 2014
That was nice. Just out of curiosity, how did you manage those trades? Did you just removed the TP and let the TS do its work or did you close them when you thought it was the right moment? Lrt
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 22, 2014
I removed them.. I was planning to long AUDCAD @.100 but now AUD is clearly losing strenght on every pair it is in.. So, again, nothing! Lrt
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 22, 2014
Goodmorning! Rare to see a morning THAT slow.. Almost every pair I'm watching, as the Master would say, is "pissing around DO". I had 2 long pendings on NZDCAD @.200 and NZDUSD @.300 as those crosses were apparently moving but prices just came down. ...
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 21, 2014
Sometimes yes and sometimes no.. The only advice I can give you by my little experience is to put only pendings distant at least 5 pips from the actual price, when reds are coming out. It happened me a lot of times to get triggered in the very few ...
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 21, 2014
Absolutely! I have shown to some people what I'm doing here all the day and they found it extremely boring.. Even when i was having fun. Lrt
As simple as possible: 00 level trading
- Lrt.Ita replied Aug 21, 2014
Today I had only a pending on CADJPY long @.800 but I removed it now after 2 hours as I don't see sync with the other JPY pairs.. Also, JPY seems to be slowly gaining strenght. I've got that feeling that today I'll be closing to BE. Lrt
As simple as possible: 00 level trading