Short GU +5 locked Decided to stick just to GBPUSD for the time being as multiple instruments dilute the sense of the market, making everything very blurry.
Entries as per rules:
Practicing entries as per rules Learned today the hard way not to enter the market before it opens or in the first few of its hours, gotta pace that temptation to enter the market without analyzing it first.
Short to daily open opened And another one to daily open
In total there were four entries that matched the pattern I've shown above - when the direction of yellow SMA is changed and the candle is cleanly on the opposite side The EURUSD exit was a bit too quick, something to notice for the future. GBPUSD ...
After having reviewed so many different trading systems and approaches, I find that most of them ...
H1 frame, right on the cross of the green/red, consolidation zone, will be over in the next few hours.
Cannot see any ongoing setups happening except in EURCAD. While it's a weak one, it is a setup nevertheless:
Confirmed signal on NZDUSD, entering: Continue wating for EURUSD signal, likely move unknown.
Possible signals next week:
Waiting for signal on daily timeframe for USDCAD, likely confirmation for it to go down after today's news.
Crossover of green/red, waiting for confirmation signal ...
AUDNZD signal received, good opportunity to track due to soon-to-be-released news during the night. PS Missed the signal, should've checked H1 timeframe - it was composed of only blue bars.
Found a EURCHF first confirmation signal on TDI. Waiting for confirmation for price to go below yellow channel. PS Missed this signal as there's a sharp drop at 8PM.
Looks like we've got EURCHF first confirmation signal on TDI. Waiting for another confirmation for price to go below yellow channel.
As I'm having little trading success again, I return to the basics of trading with MACD. This time ...
I kind of felt that USDCHF moving around the zero line had weak signal and passed it on, my last entry got taken out on BE of around 15 pips, new one below: H4 MACD has a TC signal going above 150 level towards 89/200SMA, BE at 1.2945, SL at 1.2895, ...
GBPUSD entry for large candle with the tail, strong movement both up and down, SL at 1.51, TP at 1.52, BE at 1.5165, strong movement towards 21EMA, 89/200SMA, MACD signal is very strong as well (crossed 300 level boundary)
It looks like we might have a nice opportunity on AUDUSD with re-tracement to 21EMA and if market starts going towards 89SMA it'll be even better! Looking at D1 I notice a nice round top forming there that, if undisturbed, would be a perfect example ...