DislikedNizdraw
Use the pivots provided here: http://www.forexticket.co.uk/en/tools/03-01-pivot-point
You can select which you want to use but the most used coincide with NY close thus set table to GMT +2Ignored
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)
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DislikedNizdraw
Use the pivots provided here: http://www.forexticket.co.uk/en/tools/03-01-pivot-point
You can select which you want to use but the most used coincide with NY close thus set table to GMT +2Ignored
DislikedMay be yes.
Let's see after this long H1 bar in the 1/2/3 formation and the previous Higher Low on H1 and H4 what will be.
M5 the Ema10 1st touch is very near.
H1 is in a Ping Pong situation as Daily as well, but forming a PinBar on Daily.
H4 seem to have broken up the Ema10.
BTW, one of the (here not respected) rules I gave in the past was: better do not open any trade just befor Wall Street Open...
Let's see.Ignored
DislikedMay be yes.
Let's see after this long H1 bar in the 1/2/3 formation and the previous Higher Low on H1 and H4 what will be.
M5 the Ema10 1st touch is very near.
H1 is in a Ping Pong situation as Daily as well, but forming a PinBar on Daily.
H4 seem to have broken up the Ema10.
BTW, one of the (here not respected) rules I gave in the past was: better do not open any trade just befor Wall Street Open...
Let's see.Ignored
DislikedYou trade against H1.50? This H1.50 has acted as a clear resistance once, not a good sign IMHO. Better way is to wait to see price pierce through the H1.50 and retrace back to long.Ignored
DislikedYou trade against H1.50? This H1.50 has acted as a clear resistance once, not a good sign IMHO. Better way is to wait to see price pierce through the H1.50 and retrace back to long.Ignored
DislikedYou trade against H1.50? This H1.50 has acted as a clear resistance once, not a good sign IMHO. Better way is to wait to see price pierce through the H1.50 and retrace back to long.Ignored
DislikedMany also though that it will be a good short opportunity but price shoot to take SL's. I skipped it also - didin't like hang man candles at M15 top and been burned trading separated H1 35/50.Ignored
DislikedHey Eur Usd, I think we have a point where 2 strong forces have met: H4 confluence of first touch for a move down and other of D1, W1 move up which happened yesterday. Maybe US open will set a direction because now it is undecided.Ignored
DislikedNot to discuss that the Weekly TF looks Bullish at the moment, but looking on the left and at the Pin Bar, I would not exclude that also Weekly will soon agree with the Idea of the Daily and H4 (short).
I am not a great analyst, but somebody could also see a bearish flag on Weekly.
If you look at the post above with the Daily S/R line (# 8740) you will see that it was somehow "predictable", or at least with an important % of possibility to turn short.
I hope somebody got that short on the Constraiment of H4 and that Ema10 Daily Touch...Ignored
DislikedI at 1,3086
This is also something I look at.
Several Times our Emas are in confluence with S/R levels.
That makes this Strategy strong and solid too !Ignored
DislikedHere is where I have still problems...
TP should have been the S/R Level ?
BE now or wait to "breath" ?
Trailing the M15 candles as Clay did ?
We are getting a lower low...what to do ?
Need still some experience in managing the trade....
I know that Master Kostas says: "take and run" and agree of course also with his concept, but how to "let it run" properly... ???
Edit: I moved at BE.... " Reduce the Risk, Whenever...reduce the risk... "Ignored
DislikedAs for myself, I favor the concept "take and run" , so I exited manually at +10. Add one more choice: control trade by watching M5 P/A, paying attention to M1 candle sizes and if we see that price is stalling at M1 - getting out...Ignored