GBP/Cad on watch @ close . If it does not form lengthy top wicks , then one to look for a set up.
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DislikedGBP/Cad on watch @ close . If it does not form lengthy top wicks , then one to look for a set up.Ignored
DislikedQUESTION OF THE DAY:
Why do people always thinks resistance turns in to support as soon as its broken? Also why do we all think our eyes or method is giving us the REAL s/r? For example, why does sometimes the s/r on an hrly chart hold up better than a daily or weekly chart, and sometimes price respects none of them at all? Do all of you have strategies to anticipate this when it happens. And it better be more than using a 50 EMA.
I personally wasted a lot of yrs with that way of thinking. I d like to hear from others. We are here to...Ignored
DislikedHey shaikjun, I have gone short on this trade but did not get the signal arrow as shown on your chart, however just looking at chart shown that this was a short trade.
Am going to stop using the EA because it didnt signal a trade, so I would have missed it if you had not posted, so thanks.Ignored
DislikedHey Guys,
Also checkout eurcad, i know it didnt open outside but its forming a doji at the o level of fibo. and stoch looks like divergence setting up. Just not to keen on the r/r. Also Gbpusd sitting with a doji on the 61 level of fibo and stoch os area. It hit this level for a second time. If it closes inside the channel im jumping in. If it dont, still just might, lol. r/r looks good too. Im still sitting short with audchf and eurusd.
Good luck
PaulIgnored
DislikedDude, I am aaaaaaaaaall over this pair. That doji yesterday closed inside the band and your risk is what? 2 pieces of bubble gum? LOL I mean come on Paul. Its a 25 pip or so risk to make (if it breaks weekly rez on my charts) 2-300 pips. Not enough for you?????
Also Im short-nzd/jpy@7453 cad/[email protected](double lot size) cad/chf@9413 eur/[email protected] [color=red]and for you new guys,our exit should always be as soon as the present candle goes over the previous days high to the tick. so just follow the daily bars moving the stop 1 or 2 ticks above...Ignored
DislikedLOL my reasoning is that it made a higher high. and the going by my supply and demand indie demand level is close making it look like 1 to 1 to me. But we shall see. hope ur feeling better.Ignored
DislikedHey Guys,
Also checkout eurcad, i know it didnt open outside but its forming a doji at the o level of fibo. and stoch looks like divergence setting up. Just not to keen on the r/r. Also Gbpusd sitting with a doji on the 61 level of fibo and stoch os area. It hit this level for a second time. If it closes inside the channel im jumping in. If it dont, still just might, lol. r/r looks good too. Im still sitting short with audchf and eurusd.
Good luck
PaulIgnored