DislikedGJ Trade {image} Didn't take EA trade yesterday as I was in GJ already. Kindest RegardsIgnored
I'm with you on GJ MrAussie, here is my newbie chart, I'm particularly waiting for breakout of RN (175) after which we have a wide space.
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DislikedGJ Trade {image} Didn't take EA trade yesterday as I was in GJ already. Kindest RegardsIgnored
Disliked{quote} It would be magnificent if seniors share their overall analysis with the areas or points they are waiting to watch. I'm with you on GJ MrAussie, here is my newbie chart, I'm particularly waiting for breakout of RN (175) after which we have a wide space. {image}Ignored
DislikedEA short on D1 opened, PT expecting at 50@fib, SL 10p above confirmed candle. By the way, I am starting to move my trading toward H4, D1 (still having M15 on during LO/NY). Appreciate that Seniors could give out your comments so we all have opportunities to learn together , and newbies pls do not follow my trades without doing your own works {image}Ignored
DislikedLikica, Hope you don't mind if I chime in to your question regarding the 4 hour & daily charts. I only trade the 4 hour & daily charts. For me, they are the most profitable charts. However, they are boring to watch. So I end up placing my trade and shutting down the computer for the next 4 hours. Be sure to set a emergency stop... Thanks. sj {image}Ignored
DislikedEA short on D1 opened, PT expecting at 50@fib, SL 10p above confirmed candle. By the way, I am starting to move my trading toward H4, D1 (still having M15 on during LO/NY). Appreciate that Seniors could give out your comments so we all have opportunities to learn together , and newbies pls do not follow my trades without doing your own works {image}Ignored
Disliked{quote} With increased market liquidity we should be looking at 330pips weekly range trading. Nice trending with recent weeks' swing levels nearby, we should expect reaction at these levels as well as the round numbers. {image}Ignored
Disliked{quote} Emmanuel, I'm still amazed how different our charts are. Look at pin bar of yours with the body covered by previous bar & compare it with mine!!! Analysis would be totally different this way. {image}Ignored
DislikedEURAUD and GBPAUD trades London Open. This morning we saw AUDUSD bullish rally so I look at to sell EA and GA. Keeping it simple as the way I trade intraday H1 and watching the Tokyo morning session, the first 5 hours which I call TOK_5H. A narrow range TOK_5H usually will give good breakout trades during this sesaon when LO is later by one hour due to DST change. Same approach, in simple steps. 1) when new day open, check D chart for the Day candle bias. 2) every 4H period interval, check H4 chart to see where the price action is and the TDI position....Ignored
Disliked{quote} How come you move to higer TF? You had so good performance even at lower TF.... Are you a part time trader?Ignored
Disliked{quote} Dear Emmanuel, Could I say my GBPNZD had the same approach? {image}Ignored
Disliked{quote} I am a full time trader Heispark. It s all about lifestyle so I need to change my habit to free myself from screening time. I am still trading Oil from M5 M15 during NY as usual (my main focus)Ignored
Disliked{quote} what is the H4 candles average range? what is the range of Tokyo first 5 hours? that is one of the criteria I use to determine if there is potential for a breakout when liquidity increases in the market.Ignored
Disliked{quote} Sorry taking your time Emmanuel, How H4 AR & TOK-5H range should be? Besides, do you consider TOK-5h but you enter at the end of these 5 hours or LO? if you enter at LO, why not considering all TOK-8H range?Ignored
Disliked{quote} It's not easy I'll tell you that. I started on M1 charts, and after some time I realized I was actually a lazy person and the only place I'd work my butt off, is the only place I don't really have to - in trading. H1-H4 charts can be truly freeing - I'm still trading intraday, taking advantage of a daily move entirely, but with like 2 hours of screen time. I'm managing pipping for my livelihood, university, a few side projects as well as keeping my social life intactIgnored