DislikedHi Kosmo, how would you tell its a rejection on R1? would it not retest R1 again from the time you enter the trade? Just curious. But you did great as GJ falls now.Ignored
mind over matter
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DislikedHi Kosmo, how would you tell its a rejection on R1? would it not retest R1 again from the time you enter the trade? Just curious. But you did great as GJ falls now.Ignored
DislikedI think we can never be sure, especially in such a strong uptrend, but it had two attempts at R1 before the short signal and the M15 stoch started to fall. I took the risk.Ignored
DislikedI think we can never be sure, especially in such a strong uptrend, but it had two attempts at R1 before the short signal and the M15 stoch started to fall. I took the risk.Ignored
DislikedYou hit the nail on the head there Jo. There's nothing wrong with a counter trend trade IF you actually realise that it is counter trend....and you accept the risk.Ignored
DislikedBe aware that the correlated GU pair is just above the Daily Pivot........Ignored
DislikedJust realised GJ is not the most fortunate choice to trade. Both currencies are very weak, resulting in a mad range below R1. As to correlations, I wonder if there is an indicator (a dashboard) showing which pairs are correlated the most. I know such info can be googled, but it would be handy to have it in MT4, possibly with the closest S/R info included for each pairIgnored
DislikedThanks for your info. Now GJ has a 3rd rejection on R1 but the m15 stoch is not in the right place. How about waiting for a signal to short on EJ if there is any, else would go long when right signal comes. Now very tricky... Edit: Forget about shorting EJ, too strong uptrend...Ignored
DislikedI don't know Jo...maybe such a thing exists. Have a search when you get time. I like my charts clean so I never bothered to look for one, but it might exist.Ignored
DislikedIt's that puppet idiot Kuroda yappin: http://www.forexlive.com/blog/2013/0...netary-policy/Ignored
DislikedOh, how come its not reflected in the forexfactory's economy calendar??? Its such an important figure speaking...should have shorted and hold, I get out too quickly only manage to grab +3pips... but then again its dangerous, not for the faint heart...Ignored
DislikedIt was just an interview with some journalists.....can't put all the idiots yapping to reporters on the calendar!!Ignored
DislikedI hope there are no casualties... There is, for sure, at least one happy winner {image}Ignored
Dislikedlol that's very true. seems like its a short now, but SL too high, i'll give it a pass until see how much it pullback or just miss it entirely. Its safer to keep money in the tin can nowadays...Ignored
DislikedThanks! I took the second short signal after all. It wasn't perfect as the stochs were all messed up, but I just felt that R1 was going to holdIgnored