Disliked{quote} I see that price is rejected by 34ema. Are you expecting a breakout to the downside hence the tight stop?Ignored
EDit: triggered in on E/G
the cautious seldom err....C
Looking for simple arrow indicator 0 replies
lets develop a system which is very very simple but effective. 7 replies
Can anyone add a simple crossover arrow to this? 2 replies
Disliked{quote} I see that price is rejected by 34ema. Are you expecting a breakout to the downside hence the tight stop?Ignored
Disliked{quote} Would you mind discussing a bit for the reasons of GU buy trade? I really have no clue, except that the entry is on the price breaking above 34ema on M15. I see that GU is facing some resistance now.Ignored
Disliked{quote} this is a slow moving pair normally. I took a short because price was below the S/R (dark blue line) and also the rejection you mentioned.....Aud/Nzd would be better but I hardly trade that pair EDit: triggered in on E/GIgnored
Dislikedquite tricky to read pa on u/y...on the weekly the previous week was a doji (indecision) followed by another indecisive candle ,the hammer..the only good take from these are the clear indication of the rejection @110.10.,,,,,.the daily ended as a bullish candle (buob) after several rejection of the 110.10 level as shown by the wicky bottoms ... the 4 hour ended as a small doji after a big bullish candle..I am of the opinion that a buy within the blue zone would result in a profitable trade if price manages to come down..your thoughts?? {image} {image}...Ignored
Disliked{quote} Would you discuss a bit more on how the dark blue line is drawn? To me, it is a higher TF s/r, and only a ballpark estimate. So lower TF PA is noisy around that s/r, and I would expect lower TF PA around this s/r to be more or less inaccurate, and I didn't expect M15 candle close below such a higher TF s/r would be predictive. Good luck to E/G trade.Ignored
Dislikedanother CT method I often use is the 1-2-3 ..this short is taken on the 15 min with a tight stop of just about 10 {image}Ignored
Dislikedlet's see if we can get a nice pinbar rejection off the S/R... a nice candle would be one that reaches near the brn( 1.42) and closed below the level (S/R)...just wait 50 mins and we'll find out {image}Ignored
Disliked{quote} Hi pips29, Would you mind discussing a bit on the EURGBP trade? I really have no clue. I see that this is a trade of 34ema but are there any larger TF picture reasons you are looking at for this trade? Also, is it now a good idea to sell EURAUD? A bearish engulfing on H1. Thank you.Ignored
Disliked{quote} Hi pips29, Would you mind discussing a bit on the EURGBP trade? I really have no clue. I see that this is a trade of 34ema but are there any larger TF picture reasons you are looking at for this trade? Also, is it now a good idea to sell EURAUD? A bearish engulfing on H1. Thank you.Ignored
Dislikedgone short..will enter higher up near 1.42 should price decides to make a LH there {image}Ignored