"Hoe ur pips mate?" fxcarllos
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Disliked...
heres what im doing:
on M15 only trade E/U ( best spread , good volatility + most traded pair ).
G/U E/J A/U E/G are correlated anyway!!!
im using 3 EMAs 20, 100, 200
only trade the European session (from Frankfurt`s open to London close).
make sure to draw "the big" Trendlines on H1
Im looking for clear retracements 2-5 candles. ( a 20 pips retracement is too small )
i do not enter if the last retracement CANDLE is too big ( if its not a pin bar !)
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DislikedIts a very similar method indeed. Can you post some setups too? I totaly agree with you on the last retracement CANDLE.
You might also have a point abut trading only european market. I try to avoid setups after 6pm GMT. But i dont have a clear rule about it. All the setups before 6 am today failled and that says something IŽm not awake anyway))Ignored
Disliked...always going to be trickier taking signals against the intraday trend, but EJ is at a potential support/resistance switch level here too, so it's 50/50 to my mind. I'm looking to short from 111.11
There was solid supply to sellers here earlier in the session, let's see if the level attracts a few more...Ignored