Take a look at EUR/USD, price hit Daily R1, wait to see how price will react...
Trade Safe !
Multi time frame Simple MACD system 823 replies
Time Frame Vs Personality, Which to choose as Main Time Frame? Who Are You? 10 replies
Multiple Time Frame Trading: In a divergence, which frame dictates? 6 replies
Time frame and Enter/Exit, Time frame and S/L, T/P relationships. 91 replies
Question on Lower Time Frame Indicators Vs. Longer Time Frame 7 replies
DislikedTake a look at EUR/USD, price hit Daily R1, wait to see how price will react...Ignored
DislikedTake a look at EUR/USD, price hit Daily R1, wait to see how price will react...Ignored
DislikedThe question then what would you do?
Buy with those D upper wicks, 4hr and 1hr flow flipped over for sells?
Would you sell? Entry some 70 pips from the high and a quick run down after LO. Can it go lower, of course, anything can happen on fiscal cliff/Fri/year end. Does that make it an acceptable risk trade that you can repeat? Thats what I'm not sure of. Having said that I think its going lower, am I selling it not a chance.Ignored
DislikedAs the upload chart, all the EMAs are looking up, so we are only looking for LONG.
Average 20pips or more, We are probably in a range ...
EDIT: I take a long at RN 1.3180Ignored
DislikedIts easy for me as I'm not touching a trade today. Longer ma's do suggest buy, but the flow for now has switched. IF I was looking for a buy I'd be looking for that flow to resume e.g. a 1hr intra day HL/dble bottom.
As to your trade is it demo or live? It isn't per this system with the 15 min candles as they are. You have prior lows at 3155, W M2 at 3164 and price might try tag them.
With small stops as this method suggests you still need the flow of market to be in sync with ma's. IMHO.Ignored
DislikedI'm in real not demo. I'm OK that that price is actually falling but I'm looking for a little retracement, 50 pips max...
Price hit the bottom of the channel, so it could bounce on it.Ignored
DislikedAs the upload chart, all the EMAs are looking up, so we are only looking for LONG.
Average 20pips or more, We are probably in a range ...
EDIT: I take a long at RN 1.3180Ignored
Dislikedhey buddy, always look at the bigger picture. With small stops you can come out of buy mode easy and switch to sell mode from that LH. To be safe though wait for ANOTHER LH before looking for entries.Ignored
DislikedHi emmanuel,What do mean'' IB'' and Big Ben?Do you mean broker?
What should I do if I want to avoid this fakey?Ignored
DislikedMy first trade for today rejection from rn and 4h ema. Target was yesterday low, unfortunately pirce went back after 15 pips in profit, i couldnt let it to be a lose and close it at be, because as we know everything can happen.
I wrote wrong, not 4h ema but 15m ema sorryIgnored
DislikedThat's why you can moove your SL 5pips in profit once you have +15pips.
What is this indicator please ?Ignored