sorry i did not see the Sho's explanation
you are right SHO
you are right SHO
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DislikedHi Trade price, I like the thread I trade the same myself but using the 1 min charts I just find the pullbacks easier to follow that way drawing trendlines under the pullback areas then waiting for break pullback then continuation
A question for you if I may, When looking for major support resistance areas do you use 1 hour or 4 hour timeframes then price low point or the closing price, for example now Ive got 1.3534 and 1.3523 and 1.3492 as the next areas for eur/usd
Also what criteria do you use for entry say now on eur/usd with it at the 1.3535...Ignored
Dislikedhi sho
its my opinion about that setup.
i would be glad if you correct me SHOIgnored
DislikedTrying to find how to post chart can someone point me in the right direction for details on how to do it thanks
FrancisIgnored
Dislikedhi sho
its my opinion about that setup.
i would be glad if you correct me SHOIgnored
DislikedI think Sho missed your first post and is now counting his pips, but I would like to try to answer your question. It is very unlikely that enough of us could jump on trade and cause much movement. In thinly traded stocks it is possible, Vector Vest a large stock picking service had to quit posting its entry picks because of the number of their members who followed suit, it didn't affect most of the stocks they were buying but a few of the smaller less traded companies. The currency market is so vast it would be next to impossible in my opinion to...Ignored
DislikedHeres the same style with the 1 min charts, I prefer them for the greater detail, at a glance the mas give you immediate trend status as you flick through the pairs and you can pick the best looking to trade, trend line is drawn as pullback is being formed then wait for break pullback then continuation, stochs set at 21.3.3 can also be used to get you in early into the move if you like with minimal drawdown as the price pulls back into the averages arrows show entry candle and ticks my exitsIgnored