Trading correlation pairs by using the other pairs 744 replies
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DislikedOut of curiosity, whats the difference between his HectorTrader course and his LearnForexLive course?
Anyone know?Ignored
DislikedGood Morning everyone!
Looks like several of the yen crosses went right past the 50 MAs on the hourly charts from last nite. The gbpjpy is still holding there though.
pipnutIgnored
DislikedHi guys.
Just to get my head around the method.
Basically we look for harmonic trending markets.
Once identified, we look to enter on a break, pullback, continuation pattern in direction of main trend.
Is this correct or am i missing something?
Obviously taking into account round numbers, fibs and i imagine trendlines aswell?
cheersIgnored
DislikedThis pair could drop for a while it came up fast so this is not really a suprise but Iwill just watch it and see how it reacts when the retracement gets to those levels. Here is the 4hr chart.
--NMIgnored
DislikedThe CHFJPY pair is the pair I was talking about, but I think all the yen crosses are seeing something similar right now.Ignored
DislikedI see it the same way, most yen pairs are breaching their H1 up-trendline right now potentially changing the trend, but gonna wait till the MA's line up for entries to the short side.Ignored