DislikedLooks like it's retesting the Lows.. New 1hr and 30min momentum are bearish.. But I'm out. It's Freaky Friday the 16th. I'm done for the week. See you guys next week. I haven't slept for 36hrsIgnored
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DislikedBro,
How do see rest of the friday. If we can have your analysis.
ThanksIgnored
DislikedThere will be a large reatracement or a reversal before 00.00GMT.
Momentum is very weak for the bears before before NY Start. Everyone is expecting something big to happen today(Nov 16th). Therefor go long, only if the price jumps above the daily London Pivot. Shorts dont have the support from Longer TF anymore. Better to stay away until you see any good developments.
I'll be back during the mid NY and do some analysis on DOW momentum.Ignored
Disliked`oK. Gentlemen , I'm out. I dont like to stay on a trade without the momentum support.Ignored
DislikedHi All,
Since Aus has gone to sleep maybe somone can help me understand this better.
He said that he doesn't like to stay in a trade without the momentum supportand has exited his shorts. But as far as I can see the daily momentum is still bearish in fact more bearish now than at the open of the daily candle (according to Brucehvn's new indicator great job thx!)
What am I not seeing here?
ThxIgnored
DislikedHi Aus,
Still there? There was a trade on 15mins strategy this morning for long and i traded it, it hit my stop loss, when i was placing the trade the momentum on the larger TF was bullish, what am i having problems with the strategy, I have been loosing for quite sometime trading 15m and 1hr/4hr.
Please help me out.
ThanksIgnored
DislikedDue to fact that AUS have few MOM analysis
-Daily, Half day (12 hours), Session (8hours) and others as well
So maybe based on his analysis for the current hours, the MOM run out of steam. Furthermore, there is a strong support at 224.30 . That the reason why AUS mentioned possible reversal here.Ignored
DislikedHi Aus,
Still there? There was a trade on 15mins strategy this morning for long and i traded it, it hit my stop loss, when i was placing the trade the momentum on the larger TF was bullish, what am i having problems with the strategy, I have been loosing for quite sometime trading 15m and 1hr/4hr.
Please help me out.
ThanksIgnored
DislikedHi Poeo,
There was no valid long 15min signal this morning since price has been and still is below the daily pivot for london @ 226.30.Ignored
DislikedLong trade??? The last long trade on the 15min strategy was on the 02nd of Nov. That was the last time we got a long signal when the price was above 1hr 100sma.Ignored
DislikedThanks Bro!
I did see the strong support at the weekly 100sma so I can understand taking profits there.
I guess my next question is....is anyone looking at the 8 & 12 hour Momentum readings? Are they now bullish maybe I need to get the 8 & 12 hour charts working to understand this better.Ignored
DislikedDo i have to wait for the opening of a new seesion before placing a trade when i have a trade call. I'll apprecaite more of your replies please, i want to learn, i have been loosing. I want to be a wiiner in the world of Forex trading.Ignored
Dislikedaus or anyone,
do you know when the new mom's update on the 8 and 12 hr on mt4 (est time)
thxIgnored
DislikedIf you check the post #570, I have given an explanation why I wasnt comfortable going short today. This short trade was based on the 12hr and 4hr charts. I dint get a good bearish momentum on the new 4hr MT4 bar at 10GMT. Thats why I got out of the trade since 12hr was bullish. Also the weekly was super bullish at the start of the weekly candle. Today is the last day of the super bullish weekly candle . not safe.Ignored
DislikedNew 12hr all pointing up,
6HR and 4hr mixed but the candle has jumped inside the 5sma Channal
Looks bearish bias choppy session.Ignored