was portugal not spain, nobodys bothered about portugal, spain a different matter
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Dislikedwas portugal not spain, nobodys bothered about portugal, spain a different matterIgnored
DislikedOK just to show I'm not always boring I just took this trade and thought I'd share it with you all. I don't like catching knives but I'll explain my reasons for jumping in.
The ATR is around 130 pips, and we've seen almost that in only the asia session, on extremely low volume. Certainly far too low for the spread of the bar. On the 5 minute we've seen a selling climax, shakeout and then I entered on the hidden test. (entry where the crosshairs is)
I'm also jumping in on the basis of strength in the background on higher timeframes as explained...Ignored
DislikedOK just to show I'm not always boring I just took this trade and thought I'd share it with you all. I don't like catching knives but I'll explain my reasons for jumping in.
The ATR is around 130 pips, and we've seen almost that in only the asia session, on extremely low volume. Certainly far too low for the spread of the bar. On the 5 minute we've seen a selling climax, shakeout and then I entered on the hidden test. (entry where the crosshairs is)
My SL is tight just under 1.38. TP1 is daily POC at 1.3865 - I'll watch PA around there.Ignored
Disliked...On the 5 minute we've seen a selling climax, shakeout and then I entered on the hidden test. (entry where the crosshairs is)...Ignored
Disliked5min:Minor weakness.. minor shakeout in that area..diminishing vol very narrow bars..no selling pressure? so a breakout to the upside??Ignored
Dislikedsold 3847, 50-65 should be strong resistance, and that last 5min bar on much higher vol looks upthrusty to me, this 15 could turn into some sort of upthrust now?...Ignored
DislikedI don't know how some people can trade 5 min.
This happend just now.
On 5 min there was ns. So by the rules you should enter at the break of ns high. So it happend. It broke the high by 1 pip. So you should be in a trade.
On 15 min almost exact time it gave nd. And what happend? It really moved down about 20 pips.
What to do?Ignored
DislikedI don't know how some people can trade 5 min.
This happend just now.
On 5 min there was ns. So by the rules you should enter at the break of ns high. So it happend. It broke the high by 1 pip. So you should be in a trade.
On 15 min almost exact time it gave nd. And what happend? It really moved down about 20 pips.
What to do?Ignored
DislikedI personally enter on 5 mins only when 15 min is not in contrast (or better if it tells the same story).Ignored