Hi,
Can anyone help me with my analysis is a valid short entry on EURJPY
Can anyone help me with my analysis is a valid short entry on EURJPY
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DislikedMister market doesn't seem to be in a very giving mood today. Still......there has been some great days recently, so we need to happy for the good days and patient on the not so good days. I'll be well short of my target today.....still.....it's only TuesdayIgnored
DislikedI wouldn't have taken it because the M15 Stox (yellow line) was rising (flat at best) from OS levels (conflict between M5 & M15 Stox = Careful) but well done if you were fast enough on the trigger to have banked 15 quick pipsIgnored
Dislikedyes i got it. closed it with 10 pip loss ohh well its just a demo accIgnored
DislikedThere's a tendency on demo accounts to let trades run because it's not gonna cost you anything if it goes against you...
This is not addressed at you personaly Sify but to anyone on demo: I know it's not 100% possible but try to treat your entries & exits with the same care that you would on a live account.
And also, as important, get used to closing trades for +10-15 pips at the time when the opportunities present themselves:
.if the trade carries on your way it still doesn't cost you anything apart from less demo-profit.
.it's a great exercise...Ignored
DislikedThere's a tendency on demo accounts to let trades run because it's not gonna cost you anything if it goes against you...
This is not addressed at you personaly Sify but to anyone on demo: I know it's not 100% possible but try to treat your entries & exits with the same care that you would on a live account.
And also, as important, get used to closing trades for +10-15 pips at the time when the opportunities present themselves:
.if the trade carries on your way it still doesn't cost you anything apart from less demo-profit.
.it's a great exercise...Ignored
DislikedThere's a tendency on demo accounts to let trades run because it's not gonna cost you anything if it goes against you...Ignored
Dislikedthanks but
what i would like is NORMAL candlesticks WITH heiken ashi colorIgnored
DislikedDoes anyone use 'shared pivots' where EU responds to EJ pivots and vice versa.
Today, for example :
1: only EJ hit the resistance but both started falling.
2: EU was bouncing off S1 for 2 hours but both responded the same way.
3: EJ bounced off S1 and this stopped EU's fall.
4: EJ's drop was stopped when EU hit S2
Yesterday's movements for both pairs were bounded by EU's daily pivot at the bottom and EJ's R1 above.
There are examples of this almost every day and they can be used as targets, entries or warnings in the same way as normal...Ignored
DislikedI do not know your Pivot levels, because they are having to mine.
http://www.actionforex.com/markets/p...2010040848154/Ignored
DislikedThe indicator you want is #OHLC-HA (open, high, low, close HA candles).
Click on paperclip at top of page, hide images and you'll find it on page 1Ignored
DislikedThx RJ !!
Big achievement for me this morning.
Entered on EJ 5M arrows, quick glance at stochs,dash and tapes and entered.
No emotion no second thoughts +32 pips
Thats 64 so far today
Just profits !!
Yes, yes, yes !!Ignored