1Hr chart with new lines. Will most likely be bouncing in-between until news break
http://www.forexfactory.com/forexfor...ntid=935&stc=1
http://www.forexfactory.com/forexfor...ntid=935&stc=1
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Keeping it Simple
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QuoteDislikedThere's about 2hrs to go for FOMC, so not chancing anything.
Quoting Th_WenzelDislikedI think this is or could be a pin bar. We'll see.
Do you think it's better to wait for retracement before entry ~1,8048Ignored
Quoting narafaDislikedMay I ask where did you get this chart from? I can see extreme differences between yours and mine. Please tell me when do bars start on your 4 hour charts. Mines start at 11:00 AM, 3:00 PM, 7:00 PM, 11:00 PM, 3:00 AM, 7:00 AM and back to 11:00 AM again.
The difference in charts might be because your provider has different start and end points.
Thanks,
NaderIgnored
QuoteDislikedWhen you say "... inside the first candle" do you mean only the body or also the shadow of the candle?
Quoting Th_WenzelDislikedDaily viewIgnored
QuoteDislikedAnd now the bad part of the story: Traded with demo[img]images/smilies/rolleyes.gif[/img]
Quoting IsotonicDislikedhope this helpsIgnored
Quoting habeebDislikedThanx guys for the input. Sorry for the late reply. Had a good day today. 3 trades = +65. Closed all platforms and charts so that I don't get tempted to continue trading for the remaider of the day. I know I might have missed more good trades but I've set myself a target and am trying to stick to it. I'm working on consistancy.
Thanx Jim, for reminding us about the "rifle shots"
Thanx again guys
HabeebIgnored
Quoting james16Dislikedin the pf i will show you a trailing entry system where you use a 4hr chart. when things line up you wait for the 1 hr and and 30 min chart to confirm with price action then enter. its the ultimate rifle shot. its 90 plus percent effective if played correctly. youll think you died and went to heaven.Ignored