Nice BO, then a retrace and now heading up again...for a ZC trade.
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Dislikedgreat thread
I am planning on reading through the whole thread over the next week or so.
In the meantime,I see the breakout trades posted,could somone direct me to an explanation of the entry method.
ThanksIgnored
DislikedEnter when 1-3 candles on the M15 chart have cleared either the resistence line which was drawn after the first 4 candles of the new trading day for a long, or have cleared the support line for a short.
We have had many fake BOs since the holidays, so addition confirmation with the RSIs is needed. Even with that, watch the trade or set moderate TP levels as many are totally reversing and going in the other direction. As the chart posted above. Still good pips to be made with that chart.Ignored
DislikedNice BO, then a retrace and now heading up again...for a ZC trade.Ignored
DislikedIMHO, this pair exploded up in the last hour.
Also looks strong on the daily chart.
Love to hear what you people think. Thank you!Ignored
DislikedIt's been heading up for the last 10-12 hours or so..I worry that while it has plenty of room above to run, it may be running out of steam for now.Ignored
DislikedIMHO, trying to move upwards: H1 C4 BO + 2 ZC.
Let's monitor it closely...Ignored
DislikedIMHO, trying to move upwards: H1 C4 BO + 2 ZC.
Let's monitor it closely...Ignored
DislikedYou are right..I'm going to want to see more consecutive green candles to enter.Ignored
DislikedThank you!
What do you think about the EURCAD?
IMHO looks good from a PA point of view...Ignored
DislikedWe have had many fake BOs since the holidays, so addition confirmation with the RSIs is needed. Even with that, watch the trade or set moderate TP levels as many are totally reversing and going in the other direction.Ignored