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- MrW replied Aug 30, 2018
Very confortable. Most people watch the hourly but are literally watching every tick. That isn't hour chart trading by any sense of the word. while you enter on the 1m the sl or tp can get hit right away or take a few hours, but never more than 12 ...
Highlight the difference between these two formations
- Highlight the difference between these two formationsStarted Aug 30, 2018|Recycle Bin|5 replies
Good day all, I'd like to share a system with you all and even give you an indicator which will ...
- MrW replied Aug 30, 2018
A small edge would be knowing the difference between the bottom of a cup and handle formation and a bull flag. If you are looking at the hourly you would miss it but on the 1m you can see it forming clearly. There are a group of candles which ...
TOP 100 best edges on forex charts: post good edges here
- MrW replied Aug 30, 2018
Once the market engulfs a candle which matches the trend, that is the start of a possible reversal. Dooes it make a 50% or 100% correction? almoat every move has a correction at some point. The same moves we see on the hourly are seen on a 30sec ...
Trend- what is it?
- MrW replied Aug 30, 2018
Wouldn't the TF you followed in order to enter be based on the time stamp of the open order? You have clearly explained the use of the Hourly and "moving down to 5m" the moment you do that, the price is still the same isn't it? The difference in TF ...
EURUSD only
- MrW replied Aug 29, 2018
So if market is 50/50 as you mentioned that would mean what happened 5 mins ago or even 5 hours ago has no influence on what will occur next right?
EURUSD only
- MrW replied Aug 29, 2018
Looking to take a large sll on Eu based on the follow condition. Entry 1.16902 Tp. 1.16837 Sl. 1.17104 The above signal is valid as long as EU doesnt spike up to 1.17104 first.
EURUSD only
- MrW replied Aug 29, 2018
The hourly hasnt closed, so why are you even looking at the hourly sir?
EURUSD only
- MrW replied Aug 29, 2018
What does yesterday have to do with the current buying and selling? Doesn't price action trump everything which has happened?
EURUSD only
- MrW replied Aug 29, 2018
1.1700 wasn't resistance at all. Are you currently selling? What is the tight sl you speak of?
EURUSD only
- MrW replied Aug 29, 2018
What an amazing spike for EU especially for GU ! I hope no one has crashed amd burned following these spikes.
EURUSD only
- MrW replied Aug 29, 2018
Then that would make 5min charting more important? If we trade the hourly we shouod never look at the candle while its open right?
EURUSD only
- MrW replied Aug 29, 2018
What % of your account are you risking? Will this one trade restrict you from making more trades?
EURUSD only
- MrW replied Aug 29, 2018
The market will reward inpatient traders with a choppy market followed by an unbalanced move.
Cable Update (GBPUSD)
- MrW replied Aug 29, 2018
How many times will you allow the candle to close across the trend line before determining the move is faKe? I see the bottom trend line was touched, engulfed to the buy side then later engulfed to the sell side in less than 5 consecutive candles. ...
EURUSD only
- MrW replied Aug 29, 2018
You would have been better off predicting the right shoulder onthe head was confirmed.
EURUSD only
- MrW replied Aug 29, 2018
Double Ma line is the only thing I use but not how they are traditionally covered. Maybe one day, if I,earn enough orofit in my TE account then I can share my method.
TOP 100 best indicators: post good indicators here
- MrW replied Aug 29, 2018
Entering into buy at new hod. Tp is 1.28918 Sl is 1.28679
Cable Update (GBPUSD)