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- 40PipsAlan replied 2 hr 11 min ago
Interesting how the H1 bull/bear support levels play an important part as zoo points.
- 40PipsAlan replied 16 hr ago
Bit busy this week but managed to grab +31 pips today. H1 EMA failure =retest last EMA swing and dang me it did just that. Nice
- 40PipsAlan replied May 24, 2024
I found this week very frustrating and annoying with divergence not crossing the EMA instead we got a quick turn around on various TF and a continued HH like it had somewhere it needed to be. Luckily my pending buy trades above the divergences saved ...
- 40PipsAlan replied May 20, 2024
My bias is short at the moment. Missed the first M15 drop to the H1 EMA due to work. Now waiting.
- 40PipsAlan replied May 17, 2024
Easy money today with hindsight.
- 40PipsAlan replied May 17, 2024
Another tough week but happy with the final results. Some good decisions and some bad but I think things are improving overall. Day job obviously getting in the way at London open and there is no way around that at the moment. Today not good without ...
- 40PipsAlan replied May 16, 2024
Reviewing todays action. My bias was to go short at LO because of the big run yesterday and M15 showing divergence to go short. H1 also in OB area for some hours. Waited on M15 bear support and then jumped short. Wary of the daily open pivot in case ...
- 40PipsAlan replied May 16, 2024
M15 chart. If we can break the daily pivot then my target is 45 pips away near the ADR low. M5 and M15 have bear support Could just as easily keep going up. Nearly at BE point.
- 40PipsAlan replied May 13, 2024
Missed todays action. was looking for some inference on the H1 before jumping onto a long trade. Maybe the M15 bull support was inference enough up to the H1 EMA swing point 34 pips away. Never mind we try again tomorrow.
- 40PipsAlan replied May 11, 2024
Something else I acquired over the past 5 years when the trading wasn't going so well. A basic understanding of MQL4. I can do some simple stuff
- 40PipsAlan replied May 10, 2024
Looked like a good call to me. No where near 10% a week but getting there slowly.
- 40PipsAlan replied May 10, 2024
And if we was as good as Nala then 2% a day is scary.
- 40PipsAlan replied May 10, 2024
Lets give us guys some inspiration going forward. 5K deposit at 1% interest compounded for a year. This should be easy enough. Let me here you say "we can do that"
- 40PipsAlan replied May 8, 2024
This is going nowhere fast. +18 Pips long. H4 divergence not going to cross the EMA just yet so might be a LL on the cards. H4 looking for bear support if that is the case. M5 Chart.
- 40PipsAlan replied May 8, 2024
Another example of a weak response to a divergence on the M15. First divergence followed by small candles red and blue mixture failed to cross the EMA and therefore made a LL. Second divergence much stronger with good strong blue candles right over ...
- 40PipsAlan replied May 6, 2024
Time to get rout.
- 40PipsAlan replied May 6, 2024
Not quite 1% but +18 pips. Wasn't expecting any trades today.
- 40PipsAlan replied May 5, 2024
Here are some basics. Break of an EMA =retest of previous EMA swing HiLo. Bear support candle = Highest bull candle close after the break. Price resistance level Bull support candle = Lowest bear candle close after the break. Price support level ...
- 40PipsAlan replied May 3, 2024
Yes I started off today looking for long trades after seeing the M15 bull divergence and I missed the first bull support candle being away from my PC. Then the M15 showed bear divergence suggesting a short is coming. In hindsight maybe I should have ...
- 40PipsAlan replied May 3, 2024
Got my +40 pips today. If it was real money I wouldn't be trading on NFP day.