Disliked{quote} I'm analyzing graphs as we speak. It does give safer entries than regular crosses. You do miss out on lots of pips but also avoid losses. Better safe than sorry I guess!Ignored
MAY THE PIPS BE WITH YOU!
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Disliked{quote} I'm analyzing graphs as we speak. It does give safer entries than regular crosses. You do miss out on lots of pips but also avoid losses. Better safe than sorry I guess!Ignored
Disliked{quote} I'm pretty sure that will help you 'see' the stronger moves. I know for me, I'm hesitant to to trade against the overall trend. ranging is different, but as Emmanuel has mentioned Aud is a commodity currency and is in a nice long climb right now (ex. AJ) TDI can give an interesting 'look' for a short at times, but, I pass looking at the bigger picture and move on to the next pair. BTW - that's another big change for me. I used to only look at EU, now I'm up to 9 and counting. But, on a 4h chart, I've got the time.... SeereyeIgnored
Disliked{quote} The great thing about this is that we have so many pairs to look at that even if one doesn't give you an entry there is always another one that does. So you may miss a big move in one but another will give you an entry and move just as much just maybe a 4hr bar later. Also if something doesn't give you an entry you just monitor it because it can give you an entry via the bounce trade. You will notice there were many bounce trades on most pairs that took off the last 2 weeks (AUD, JPY) that we couldn't get in because they gave a signal the...Ignored
DislikedYes, Hughecat. I'm in AU H4 {image} Already gained partial profit of 20 pips yesterday then lost 7 pips at night and entered short again this morning. The only problem this pair is giving me it retraces back 10-15 pips against you and make you feel like closing the trade and then comes back. I'm hoping to keep my trade open this time let's see how it goes. RegardsIgnored
DislikedMy NJ trade is doing rather well and 4 pips from Breakeven I'm not really interested in taking another trade at this time so see you guys in 4 more hours. {image}Ignored
DislikedYes, Hughecat. I'm in AU H4 {image} Already gained partial profit of 20 pips yesterday then lost 7 pips at night and entered short again this morning. The only problem this pair is giving me it retraces back 10-15 pips against you and make you feel like closing the trade and then comes back. I'm hoping to keep my trade open this time let's see how it goes. RegardsIgnored
DislikedGJ H4 also showing divergence. Still not too sure because the previous red candle didn't last very long. TDI starting to turn in daily maybe a good hint. {image} {image}Ignored
Disliked{quote} Take a peek at the analysis pics below: Weekly still a serious Buy and surfing the top of the PAC; Daily has tested the bottom of the PAC numerous times since late February (yellow circles) and if it does so again, it will near the 88.20 level; H4 gave a nice Sell signal but you have an uptrend line near 88.30 (which dovetails with what the Weekly and Daily charts are telling us)...so be ready to take profit in that area. It will be a gut check, though, because if PA on the H4 doesn't close above the PAC or TDI doesn't hook...then patience...Ignored
DislikedShorting gold. Pro - TDI green crossing down from upper band, pair still making lower low so it's still in a down trend, divergence, double top. Con - Sitting on S/R Break Even - when price reach white line. Hoping it will get there. {image}Ignored
Disliked{quote} Gold reached my break even point. Letting it run now. {image}Ignored