isn't the bar that just closed a set up bar as its through the high ema by alot more than 5 pips.... so new order should be sell stop 1.5349 SL 1.5452
hopefully thats right
hopefully thats right
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DislikedThe last bar actually made the same high as the bar two before it therefore the last bar is are new setup bar and you should have a sell 5 pips below the last bars low.
-SterlingIgnored
Dislikedisn't the bar that just closed a set up bar as its through the high ema by alot more than 5 pips.... so new order should be sell stop 1.5349 SL 1.5452
hopefully thats rightIgnored
Dislikedisn't the bar that just closed a set up bar as its through the high ema by alot more than 5 pips.... so new order should be sell stop 1.5349 SL 1.5452
hopefully thats rightIgnored
DislikedI did notice that this time but I thought since we were looking for a reversal bar, and the new bar is not really higher than our previous setup bar to consider it a new setup bar, we should move on. But Sterling corrected me, please see his reply. Hey... I just woke up Ok, I won't post next time until at least I drink the first pot of coffee.Ignored
Dislikedya..i posted at the same time as he did hehe..no worries..keeps everyone on their toes lolIgnored
Dislikedisn't the bar that just closed a set up bar as its through the high ema by alot more than 5 pips.... so new order should be sell stop 1.5349 SL 1.5452
hopefully thats rightIgnored
DislikedExactly, and at the moment becoming a good trader is more improtant to me than sleeping long hours. So I am living on coffee, candy bars, and an occassional pizzaIgnored
DislikedI can tell you coffee is my favourite drink...
And curiously, pizza was my last meal!
Ignored
DislikedExactly, and at the moment becoming a good trader is more improtant to me than sleeping long hours. So I am living on coffee, candy bars, and an occassional pizzaIgnored
DislikedThats is correct. If it hadent made a higher high or the same high than the bar 3 bars back then the sell would have been cancelled all together. We then would have been waiting for a setup bar which could have been as soon as this current bar closing. Does that make sense?
-SterlingIgnored