How about buying stop 1.4241 eur/usd?
1.4240 is checked twice and sl at 1.4217 the other side of the box.
great setup today i think
1.4240 is checked twice and sl at 1.4217 the other side of the box.
great setup today i think
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DislikedHi Sonic,
1) What do you use to determine the trend (for example, CTGUY uses a 4 hour chart)?
2) What sort of price action determines your trade?
Thanks!Ignored
DislikedHey there... I use 1 hr and if the 4 hr also agrees, I am a happy camper.
Todays trade is not really happening for me. The spread between the high and low within the box on GBP/USD is around 71 pips which is higher than I wanted. I am not taking this trade due to the 1 hr and 4 hr going in opposite direction. I would rather play it safe than sorry.Ignored
DislikedHey guyz, its ranging market all over the EURUSD, GBPUSD, AUDUSD, NZDUSD in todays big dog.... jsut wait for a breakout and lets see
AttachmentIgnored
DislikedI trade a strategy that is very close to this one except that I use 2 time frames 0000 - 0400 and 0400 - 0800.
I think that the results of the systems may be comparable for the second period. Adding the earlier european time frame has worked well for me.
I set sl at 26 PIPs and TPs at 20, 40, 60, etc.
I also like to look at the daily chart to see where the trend is.
Does anyone else do anything comparable?Ignored
DislikedHey guyz, its ranging market all over the EURUSD, GBPUSD, AUDUSD, NZDUSD in todays big dog.... jsut wait for a breakout and lets see
AttachmentIgnored
DislikedHi dznmrd, very nice and clear chart, can you please share with us your indicators.
Thank you in advance
BullIgnored
DislikedGreat trade for GBP/USD... as I stated in post 383, I am not taking the long, but will take a short when it comes. I took 40 pips and jumped out.
The ema's (closed) in yellow are 3, 5, 8, 10, 12 and 15.
The ema's (closed) in red are 30, 35, 40, 45, 50 and 60.Ignored