Can anyone tell me what time does the next candlestick appear in daily chart in Singapore time?
Many thanks in advance
Many thanks in advance
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DislikedI have risked a long on usdchf on candle close. price crossed tl and then came back to 8sma, bounced off of it and closed above tl
half risk since it is an overnight trade and I can't move my sl
long@1,5194, r=70=sl=tp, r:r 1:1Ignored
DislikedHi Ashes,
I see alot of tails in H1. You might want to becareful.Ignored
DislikedI took U/J TC from 21, there is also a round number. Entry 89.90, sl 90.21, tp 89.07. I have put lots to b/e already.Ignored
DislikedHi Ira,
Can I check, 31 pips of sl, will it get hit very easily? Is there enough breathing space?Ignored
DislikedI like this long on cable. First trouble area I think would be 1.4474
Attachment
Some bullish divergence off support levels gives me some confidence with the counter trend aspect.Ignored
DislikedI also see that but try to avoid CT. Hope you make lots of pips from this cable move.Ignored
DislikedIt's not counter trend b/c price is not trending right now. Price is in a consolidation period and he's playing off the bottom support. Hope this helps
RaymondIgnored
DislikedJust when I though there is strong support from bottom, selling seems to be starting again. Watch closely for next H4 closing.Ignored
DislikedI also see that but try to avoid CT. Hope you make lots of pips from this cable move.Ignored
DislikedMay I know what do you mean by big round number? You mean big buyer normally action at these big numbers?Ignored
DislikedBig round number is 1.30, 1.25, 1.20 etc. for EUR. There is a theory that Market Makers trade out of these levels. Actually, I don't know the reason, but if you look back, you'll see that price really respects them. For me these levels are strong support/resistance levels and add confidence to the trade. Hope this helps.
IraIgnored
DislikedThanks for your guidance too. I just shorted EURUSD (when H1 candle show three method) at 12285 with sl at 12351. Just learn from you to put my sl 1 pip higher big number. Hope I have done it correctlyIgnored