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- zoothetrader replied May 7, 2015
Good morning, here is the setup with AUD pairs. M30: image M5: image zoothetrader
- zoothetrader replied May 6, 2015
Here is another screenshot from the AUD setup this morning. Now showing standard pivots (solid lines) and fibonacci pivot (dotted lines). At least today it worked out very well. We have to be aware of that AUD related news usually come out during ...
- zoothetrader replied May 6, 2015
Hi Tellboy, yes sure. I will add the normal pivots too. My next charts will show them both. zoothetrader
- zoothetrader replied May 6, 2015
And here the outcome of the AUD based pairs today. image image
- zoothetrader replied May 6, 2015
Hi Tellboy, thx for the interesting thread here. You are correct about the EUR this morning. How about the AUD? Maybe this can do the job for us today. image
- zoothetrader replied Jul 7, 2014
Yes, you're correct. Because the H1 candle was not red when I took it. It is also not a good idea to take trades in EJ and GJ at the same time because they are strongly correlated. Instead doing it, you can just double the lotsize of one trade, ...
- zoothetrader replied Jul 7, 2014
Ej +5 gj +5 image image
- zoothetrader replied Jul 4, 2014
Deutschland!!! Ein Hoch auf uns ...
- zoothetrader replied Jul 2, 2014
Same here Greetings and good luck.
- zoothetrader replied Jul 2, 2014
Finally EJ hit TP +5 3 candles were needed, first candle missed TP by 1 pip (because of larger spread maybe) image
- zoothetrader replied Jul 1, 2014
Yes, that is true. But if you put the DO at london open and take your first trade right at london, then you won't have any significant movement away from that DO line.
- zoothetrader replied Jun 30, 2014
Thx, I'm totally relaxed. I know what I'm doing since I'm not new to forex. I thought it would be a good idea to share some ideas. Cheers and good trading.
- zoothetrader replied Jun 30, 2014
" ... My daily open simply starts at the new day of my broker" ... Well spoken Udine, thats exactly what I do with my open line. FinFX starts at 00:00 GMT. Cheers. Btw, no need to start bashing guys. This is just a discussion. You should at least be ...
- zoothetrader replied Jun 30, 2014
This is not true. The Tokyo Channel is very important for the following trading day (during London and NY). It defines support/resistance level which usually are respected. You can google that if you like. But as I said, you are free to put the line ...
- zoothetrader replied Jun 30, 2014
In Forex the start of the new financial day is in Wellington which is 1 hour prior Sydney opening. The daily open line should start from there. If you set it on a different hour, you will miss the movement of the tokyo channel (asian session). Many ...
- zoothetrader replied Jun 30, 2014
According to my chart there was no opportunity to go long on GJ this morning since price is below daily open line. It was a nice sell trade instead (unfortunatelly I didn't take it, because I took the GA long which hit TP +5).
- zoothetrader replied Jun 27, 2014
I think even with this simple system you should not blindly enter into trades even with all rules matched. But always check the overall market situation in the particular pair (is it choppy/sideways, was there a big move with long candle before ...
- zoothetrader replied Jun 27, 2014
EA +5 Happy friday, done for today. image
- zoothetrader replied Jun 27, 2014
GJ +5 image
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