Quoting MissForexDislikedI think a good stop would be above or below the weekly or monthly pivots depending on whether you are going long or short.Ignored
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Quoting MissForexDislikedI think a good stop would be above or below the weekly or monthly pivots depending on whether you are going long or short.Ignored
Quoting mrlogikDislikedHey tortoise,
I know that you dont' have to view the sniper FX CCI below the -200 cross to go long, but going long when the cross is close to 0... Isn't that a little dangerous?
I have found statistically speaking that for a long you want at least < -75, at least. Yes, there are good trades when it crosses above that point, but the probability is much less. Let the market come to you and you'll do better (in my opinion.
What do you think?
mrLogikIgnored
Quoting MissForexDislikedI think a good stop would be above or below the weekly or monthly pivots depending on whether you are going long or short.Ignored
Quoting tortoiseDislikedWhen I start putting real money down I will wait for better trades. What I didn't like about that trade was the market going flat. Dan7974 made a good point about ATR being under 12. I have put ATR on my charts and that is another indicator to watch. However, it may be that if the Sniper FX CCI is below -200 or even -75 the ATR will be above 12.
There are no losers, only lessons to help you win.Ignored
Quoting brainjtDisliked<TABLE class=tborder style="MARGIN-TOP: 12px" cellSpacing=0 cellPadding=3 width="100%" align=center border=0><THEAD><TR><TD class=alt2>11:00am</TD><TD class=alt2 align=middle>E-12</TD><TD class=alt2>CPI excl. Volatile Items m/m</TD><TD class=alt2 align=middle>http://www.forexfactory.com/forexfor...isc/mi_med.gif</TD><TD class=alt2 align=middle></TD><TD class=alt2 align=middle>0.0%</TD><TD class=alt2 align=middle>0.1%</TD><TD class=alt2 id=collapsecal_eventanalysis_2363 align=middle>[read] </TD></TR></THEAD><TBODY id=collapseobj_eventanalysis_2363 style="DISPLAY: none"><TR><TD class=alt1 style="PADDING-BOTTOM: 11px; BACKGROUND-COLOR: #f0feed" width="100%" colSpan=9><FIELDSET class=smallfont style="PADDING-RIGHT: 10px; PADDING-LEFT: 10px; MARGIN-BOTTOM: 9px; PADDING-BOTTOM: 2px; WIDTH: 70%; PADDING-TOP: 4px"><LEGEND>Definition</LEGEND>
This indicator is a derivative of the Consumer Price Index (CPI) that excludes the volatile Food, Energy, Alcohol and Tobacco items.
</FIELDSET>
</TD></TR></TBODY><THEAD><TR><TD class=alt2 noWrap></TD><TD class=alt2>11:00am</TD><TD class=alt2 align=middle>E-12</TD><TD class=alt2>Industrial Production m/m</TD><TD class=alt2 align=middle>http://www.forexfactory.com/forexfor...isc/mi_med.gif</TD><TD class=alt2 align=middle></TD><TD class=alt2 align=middle>0.0%</TD><TD class=alt2 align=middle>1.6%</TD><TD class=alt2 id=collapsecal_eventanalysis_2364 align=middle>[read</TD></TR></THEAD></TABLE>Ignored
Quoting Dan7974DislikedI will be checking this method today! A lot !Ignored
Quoting Dan7974DislikedI will be checking this method today! A lot !Ignored
Quoting judex001DislikedA quick post before i leave - I hope you take the trades
Short GBP/USD @ 1.8944 - Initial S/L @ 1.9008 (Breakeven now)- T/P @ 1.8855
Short AUD/USD @ 0.7638 - Initial S/L @ 0.7677 (Breakeven now)- T/P @ 0.7584
I have to go now - i'm closing both trade for security
GBP/USD : 0.2 Lots @ +17 PIPS
AUD/USD : 0.2 Lots @ +49 PIPSIgnored
Quoting tortoiseDislikedToo bad you had to go Judex.
I entered on 4H Short GBP/USD @ 1.8902. Still in trade and current price is 1.8827.
I was trading the M30 and watching 4H because we were close to a trade. M30 was short so I jump on the 4H. 5/9 should cross on this current bar. Time now is 1400 EST.
So anybody have any ideas how to get out? I have 70 pips so far. Broke daily support at 1.8844. Weekly pivots at 1.8813 and 1.8701Ignored
Quoting OrangeRoshanDislikedREVERSE NOW!Ignored
Quoting forexpipsDislikedI see a red sell bar, the FX Trigger is short, with great angle, and the MA's are crossed over. Is this not a classic short signal?
regards,
forexpipsIgnored
Quoting OrangeRoshanDislikedUsually we wait for the 5/9 to cross but today the GBP, EUR & JPY has done their range. However this is an exception and where Price Analysis come to play, Very high percentage they will retrace.
Its 4am here, im off to sleep in 1hr.
Happy Trading!Ignored
Quoting tortoiseDislikedToo bad you had to go Judex.
I entered on 4H Short GBP/USD @ 1.8902. Still in trade and current price is 1.8827.
I was trading the M30 and watching 4H because we were close to a trade. M30 was short so I jump on the 4H. 5/9 should cross on this current bar. Time now is 1400 EST.
So anybody have any ideas how to get out? I have 70 pips so far. Broke daily support at 1.8844. Weekly pivots at 1.8813 and 1.8701Ignored
Quoting brainjtDislikedIhave different levels of pivot see pictures?
whats problem?
bjIgnored