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- Ren1058 replied Feb 27, 2017
EURJPY 4 hr with SR and entries
- Ren1058 replied Feb 26, 2017
my SR zones would be here: works well in trends in ranges have to use a diff approach hope this helps and good luck
- Ren1058 replied Feb 26, 2017
works on all time frames: usdjpy 5min, of course sometimes price will fail to reach or overshoot these levels but thats fx
- Ren1058 replied Feb 26, 2017
Idealised:
- Ren1058 replied Feb 26, 2017
Of course S/R trading works just so long as you put your zones in the right place: EURUSD 4Hr just think breakout/ backtest as price often break out to a level and then that level is retested limit order trades work best
- Ren1058 replied Jan 30, 2017
Its in a trading range, so buy low sell high and stay out of the middle. Markets tend to go from a spike to a channel (trend) to a trading range, then to a breakout of the trading range then a channel and back too a trading range We are in a trading ...
- Ren1058 replied Jan 25, 2017
I'd reconsider that fork if I was you its a channel
- Ren1058 replied Jan 24, 2017
Out flat on last long now short. I'm looking for evidence of a possible retracement after the 1;1 completion, channel break double top and bear wedge in a bull channel(is that retail?)wont be protecting this, away now good luck all
- Ren1058 replied Jan 24, 2017
I have too protect we are at 1:1 completion of the larger move visible on the 1H, also above channel so price may have gone too far
- Ren1058 replied Jan 24, 2017
Anyone trading usdjpy? PA is excellent Edit sorry try not too confuse the the H1 in the middle of chart means High1 not 1 hour this is a standard 5 min chart
- Ren1058 replied Jan 23, 2017
Target hit using precisely your method Mr Pip(I think) Done for the day good luck all
- Ren1058 replied Jan 23, 2017
Would you consider a short here a reasonable trade based on your rules Mr Pip? its in the PRZ of the last down leg and after a failed breakout we often get a 2 legged retracement
- Ren1058 replied Jan 23, 2017
Dont worry Mr Pip I've read assimilated and incorporated everything you've taught so far and that fits in with my style all very useful and for which I'm most grateful but certain patterns have a high probability of success: the last long I scalped ...
- Ren1058 replied Jan 23, 2017
eurusd going higher
- Ren1058 replied Jan 23, 2017
2 leg pullbacks are harmonic
- Ren1058 replied Jan 23, 2017
and long: nice confluence of factors
- Ren1058 replied Jan 23, 2017
very nice swing trade after difficult morn Discovered recent volatility was defence of DXY at crucial support http://www.zerohedge.com/news/2017-01-23/dollar-index-crucial-level
- Ren1058 replied Jan 23, 2017
took a 2 pip loss on last trade but picture now clearer. Long:
- Ren1058 replied Jan 23, 2017
Re-entered short. I think my stop to entry was a reasonable response to the the PA at the potential PRZ of the last up-leg as my primary goal is not to lose money I would have entered much higher but a phone call took me away from the screen