DislikedHeres the issue, did price stop there because it wants to resume the bull trend OR did price stop there because it was a logical area for a retracment to occur after such a large sell off?Ignored
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"Buy on fear, sell on greed !!!
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DislikedHeres the issue, did price stop there because it wants to resume the bull trend OR did price stop there because it was a logical area for a retracment to occur after such a large sell off?Ignored
DislikedThat is we trade on smaller frame,for example on H4 for me is clear Uptrend and as i posted i waiting for Up about 150 pips i posted this trendline to you too see that always we can see 2 diferent ways becouse newbies learn in that way better when we speak about Forex problematic...I dont post this for me or for exp traders i posted this to try teach new traders fo find their way to trade...
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DislikedThat is we trade on smaller frame,for example on H4 for me is clear Uptrend and as i posted i waiting for Up about 150 pips i posted this trendline to you too see that always we can see 2 diferent ways becouse newbies learn in that way better when we speak about Forex problematic...I dont post this for me or for exp traders i posted this to try teach new traders fo find their way to trade...
CheersIgnored
DislikedPet,
thanks for the info its great. One thing i struggle with is knowing where to trade. For example i can spend hour looking through charts drawing TLs, fibs etc. What i want to know and maybe others can comment is how do you look for trades. do you only use certain currencies, or in fact does it take a bit of time to find something your looking for in a trade.
basically what i want is, and if you care to share. how would you start your days trading.
news? reviwing current trades, reviewing past charts etc?Ignored
Dislikedbasically what i want is, and if you care to share. how would you start your days trading.
news? reviwing current trades, reviewing past charts etc?Ignored
DislikedNick,
Not to butt into your conversation with Petar but I thought this might help...of course it all depends on the tools that you use. ie. MA's, S/R's, TL's, Fib's, etc. but this is what I do.
1.Wake-up
2.Drink Coffee
3.Scan the upper TF's (Daily & H4) looking at the trend, candles, S/R's and position of MA's
4.Once I have the overall picture for the day I zoom into a H2 and H1 TF to again look at the candles, S/R's and position of MA's....Ignored
DislikedNick,
Not to butt into your conversation with Petar but I thought this might help...of course it all depends on the tools that you use. ie. MA's, S/R's, TL's, Fib's, etc. but this is what I do.
1.Wake-up
2.Drink Coffee
3.Scan the upper TF's (Daily & H4) looking at the trend, candles, S/R's and position of MA's
4.Once I have the overall picture for the day I zoom into a H2 and H1 TF to again look at the candles, S/R's and position of MA's. This helps to identify key areas that may be "pivot" areas.
5.Then I zoom into the M15 TF and watch PA...Ignored
DislikedGuys i must go to sleep now,seya tomorow....
I think this you will need >
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