Fonzie approves...
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dx and ex daily and EU daily 3 replies
Daily Highs and Lows to Previous Daily Highs and Lows 1 reply
AshFX Daily (EA - MTaboneWeb) 250 replies
GBP/USD daily pip movement vs. EUR/USD daily pip movement 3 replies
DislikedSo, you look for daily signals from Ash's system and then trade hourly using your own - is that correct?Ignored
DislikedYeah i seel those signals too. However, problem with trading the daily time frame imo is that you just can't go in anytime of the day expecting it to go your direction.
For me, I drill down to the hourly time frame and using fibo retracement + trendlines to approx my entry.
Currently I'm monitoring the USD/JPY, USD/CHF, and EUR/USD. I think for the past few hours since opening its probably doing a retracement. U can draw trendlines on it right now and you'd probably see a bull flag or a wedge. How I'm planning to trade these pairs is to wait till they break out of the trendlines (wedge or flags) in the direction of the overall daily direction.Ignored
DislikedAnd, you can also wait for to get in to Buy/Sell, after the retracement is done, either on 4H or 1H (the bigger time frame the better). That can be judged by looking at Stochs (OB/OS) line, and I am looking for more education in this area, the Stochs. Does anyone here know where I can receive more educaton on the Stochs?
Trader8686
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Just like to learn it better!Ignored
DislikedThe Autotrader EA opend 4 trades last night...was down over 300 pips over night, but currently up over 200 with the first NZD/USD closed at TP with 41 pips. I'm letting the EA run it's course...so far so good No new trades opened today...Ignored
QuoteDislikedAnd, you can also wait for to get in to Buy/Sell, after the retracement is done, either on 4H or 1H (the bigger time frame the better). That can be judged by looking at Stochs (OB/OS) line, and I am looking for more education in this area, the Stochs. Does anyone here know where I can receive more educaton on the Stochs?
QuoteDislikedTook 4 positions last night
GBP/USD - Closed with +90 pips
USD/CHF - Closed with +70 pips
USD/JPY - Open with ~+50pips
EUR/USD - Open with ~+40 pips
DislikedHere is the cross just shy of move to BE +50 first lot....little late on the entry, should have bought open, yet found entry at London session and will move lots to BE, as you can see.....Ignored