Disliked... 125.16 which was just above the 13 ema and went long. Got out as price retraced down to my stop achieving a 1:2 RR trade at 125.72. ...Ignored
One full lot paid $560 USD. Nice.
TRO
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Disliked... 125.16 which was just above the 13 ema and went long. Got out as price retraced down to my stop achieving a 1:2 RR trade at 125.72. ...Ignored
DislikedJust want to say hi and thanks to everyone here. I am reading through the whole thread. The charts posted here are some of the most clear and educational charts I have ever seen.Ignored
Disliked125.72 - 125.16 = 56 pips. So your SL was 28?
One full lot paid $560 USD. Nice.Ignored
DislikedGood morning all, a nice little opportunity on G/U this morning. A bullish engulfing candle formed over the 1.3950 with trend confluence and the EMAs.
Entered at the break of the high at 1.3981 and got stopped out at 1.4051 with an intial risk of 35 pips
Hope everyone is well!
DanIgnored
DislikedEntered at the break of the high at 1.3981 and got stopped out at 1.4051 with an intial risk of 35 pipsIgnored
DislikedNice one, Dan
That candle pair is also DBLHC (double low higher close) pattern
And I think it is also a tweezer bottom? (not familiar with this pattern )
Seems that other regulators here don't trade Friday?Ignored
DislikedSecond hammer (2nd vert. line) worked well, exited at RR2 (GU moved a lot since morning, so I was not sure how much more it could move, plus it's Friday - the 13th! )Ignored
DislikedBy the way, Dan, that WAS a tweezer bottom earlier, as well as a bullish engulfing pattern, and that was a nice trade.Ignored
DislikedWelcome to the thread, mate.
I can't see your chart very clearly, so I've posted it on my chart with a rectangle hopefully indicating your trade....Ignored
DislikedCable held a higher low and then found support at its 4025 level 25 mins before the Frankfurt Open.
This was also the 34 ema - so a clear buy signal.
The pull back to the 4050 level during Frankies Hour was another buy signal - also these were in line with the current hourly trend - up as both price and the 34 ema are above the upwards sloping 60m 20 ema.
Price then stalled in the grey resistance area - 4160 was supprort a couple of weeks ago - so it was a good area to TP and trade both sides of the box before the attempted push down was held...Ignored