Momentum is pointing up again in 1H and 15min...Shall we resume the trend soon?!
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Dislikedthis is what you calll the "Frankfurt -London reversal ". This is not a unusual move. Infact this is a another trading strategy some traders use. Quite often you see when the frankurt takes the price to new highs, London will take the price down to where it was before the Frankfurt start. No suprises here. Happens all the time.
here's the strategy.. If Franfurt takes the price to new highs.. as soon as the London starts(7GMT) you go short and visa versa. Guaranteed pips thereIgnored
DislikedMomentum is pointing up again in 1H and 15min...Shall we resume the trend soon?!Ignored
DislikedWhat time is that US eastern time /and how or were can I find the sma5 on VT charts?pleaseIgnored
DislikedI have a timing problem with that. London opens one hour before Frankfurt ?!Ignored
Dislikedhuh???
4h, 1h, 30m, 15m, are all pointing down on my charts.... only daily is flat.. i don't see any pointing up, are u sure?Ignored
DislikedI closed with a huge loss .. for my account of course ... i think i never can handle this
this sucks ... or it's just meIgnored
DislikedYes, I'm sure. I use 1H TF for trend confirmation, and 15min for entry/exit.
Momentum(14) is pointing up, and as of this writing, the pair has moved above 234.00 again...Please adviseIgnored
DislikedWhat time is that US eastern time /and how or were can I find the sma5 on VT charts?please...ANYBODY???
Quote:
Originally Posted by auslanco http://www.forexfactory.com/images/buttons/viewpost.gif
this is what you calll the "Frankfurt -London reversal ". This is not a unusual move. Infact this is a another trading strategy some traders use. Quite often you see when the frankurt takes the price to new highs, London will take the price down to where it was before the Frankfurt start. No suprises here. Happens all the time.
here's the strategy.. If Franfurt takes the price to new highs.. as soon as the London starts(7GMT) you go short and visa versa. Guaranteed pips thereIgnored
DislikedIf you guys don't know the answers to these.. stop trading. Forex is not for you until you learn the very basics.Ignored
Dislikedhow many times have i told u guys to pay attention to 50 ema
for the last time and for your own good please study the chart below
and have your s/l, t/p taking this useful ema into consideration
look where its come to on 15 min chart and look what happens
keep it as one the TOOLS to useIgnored
DislikedDo you have any position open?! Judging from the attachment, if you followed, it signaled bull...But, I'm confused...Please adviseIgnored
DislikedDo you have any position open?! Judging from the attachment, if you followed, it signaled bull...But, I'm confused...Please adviseIgnored
DislikedSorry i just was looking on the VT chart for the past hour(sma5) and could'nt find it.I have everything else as far as the indacators.as far as the time goes Just wasnt sure if it was 4hrs or 6 different?I have been trading for 5yrs and just have not been keeping up with times over the world.Ignored