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- bimmerbob replied Feb 9, 2011
... going long, sooooooooooooo long [/quote] Like the optimism friend, but be careful! fwiw, Some decent resistance areas to be overcome first - like the right shoulder on the hourly tf...
- bimmerbob replied Feb 6, 2011
Oanda ,it is another broker I use and they start up around 1 or 2 pm on Sunday. But you would not want to trade with them at that time because their spreads are high[/quote] Cheers.
- bimmerbob replied Feb 6, 2011
.... which are live current numbers to the Friday stalled numbers on the platform that has not opened yet[/quote] Thanks, and what is your source of the live numbers given the platform has not yet opened?
- bimmerbob replied Feb 6, 2011
Hi Jay, do we basically compare friday's close to this table and determine the open gap?
- bimmerbob replied Feb 3, 2011
I compared the same chart on Broco. The candles there do not exactly correspond to either of your examples, but differences not material enough to get in a sweat. Wonder if the 4 hour intervals actually correspond between brokers. Counting from the ...
- bimmerbob replied Feb 3, 2011
The charts are far too small to see any written detail. Can you confirm they are exactly the same contract?
- bimmerbob replied Feb 3, 2011
off topic — Fwiw, the $index has closed a gap from feb 1st a couple of hours back, so would'nt be surprised to see the index head down again.
- bimmerbob replied Feb 3, 2011
Strick, just a thought: in the absence of a chart: the fact that price kept moving in your desired direction shows to a large degree that your setup was correct. Is it possibly the case that you lost your nerve perhaps? At times, some heat is of ...
- bimmerbob replied Feb 2, 2011
As with comment on Strick's, what was the RSI suggesting at the time you entered the trade? I am by no means suggesting that the RSI is a holy grail, just that you should at least refer to it if you choose to have it on your chart. I also often find ...
- bimmerbob replied Feb 2, 2011
Disagree. Being mindful of the RSI levels in all 4 instances would have cautioned me.
- bimmerbob replied Feb 2, 2011
Hey CC, For the 4CBO which can be quite quick affairs, waiting for 2 H1 candles may be too late. Also, although applying 1:1 RR is a good discipline, it can be very subjective with BO trades. From what I gather, LG typically has a 40/50 point SL ...
- bimmerbob replied Feb 2, 2011
I don't think you necessarily have to wait for 3 complete 15m candles for entry. Judging by your chart, I would not have taken that trade because: 1) first attempt by by 15m candle ended up as a doji (generally regarded as a reversal, usually on ...
- bimmerbob replied Jan 31, 2011
My interpretation - I imagine LG exercised caution till that little red candle gave way to the next green one.
- bimmerbob replied Jan 28, 2011
Good on you!
- bimmerbob replied Jan 28, 2011
Good day all. TP hit on the limit order. Nice to make pips whilst sleeping.
- bimmerbob replied Jan 27, 2011
set a pending order EU — Not ever done a pending order! Set a long at 1.3690; 20pip SL, 50 TP. Also set alert at +40, maybe I'll trail thereafter....if it reaches obviously! Time for some zzzzzzzzzzzzz's
- bimmerbob replied Jan 27, 2011
No problem mate. Sometimes it takes a third person to bring to the surface what you know already anyway, but exercising a state of denial. One of the things I make a point of always remembering is that stop-hunting is a dealer's delight. This job is ...
- bimmerbob replied Jan 27, 2011
Just my 2p's worth: 1) Have you been falling in the trap of trying to identify market turns? try and be happy if you can capture anywhere around 50% of the pips between turns. 2) Do you find yourself wanting to be in a trade most of the time? It may ...
- bimmerbob replied Jan 27, 2011
an illustration - EU — Just wanted to show the ease with which the M15 candles help monitor the daily 4H1 BO trades. Has been quite a tight and difficult to trade range today, however managed 3 trades today averaging 14 pips each.
- bimmerbob replied Jan 17, 2011
Hi Christhesqui, what is that indy at the bottom of your chart? Mind sharing? Thanks.