adding to short
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LIVE Trades Only : EURUSD & GBPUSD 122 replies
Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies
Trading EURUSD only 43,752 replies
Eurusd-5m Trading Only 109 replies
Script to change EA to long only/ short only at a price level? 1 reply
DislikedIt kind of looks oversold in most lower time frames, looking at RSI and levels under 30.............. although some people say there's no such thing as oversold or overbought, the market does what it wants to do and takes the path of least resistanceIgnored
Disliked{quote} I agree but I've seen RSI be most effective in smaller time frames like 15 and hourly, whenever it reacher that overbought/sold point in the larger time frames Ive seen the run have enough juice to run up another 100 pips and that point RSI kinda goes out the window I think it best works as a complimentary piece when there is other evidence in playIgnored
Disliked{quote} Most indicaters go out the window when a mkt gets cranking,,, it always comes down to levelsIgnored
DislikedI think EUR should be closed below 1.1740 before a downtrend is confirmed ... {image}Ignored
DislikedSell limit on 1.2016, SL -17, TP +57. Traling stop +27 Expired in 17 hours Buy limit on 1.1949, SL -17, TP +47 Traling stop +27Ignored
Disliked{quote} Nice place to put it I have a long thats going in that direction and after 1.2 I plan to short until the 1.865 areaIgnored
DislikedHow do you know when the trend will reverse? One of the most powerful trading tools is market timing. Often, but not always the market will reverse as trading transitions to the next time zone. New York to Asia to London. I was watching this in December, and about 75 percent of the time the Asian session served up a counter trend run, and London would come in and smack it in the opposite direction. Could that happen tonight? Maybe, something to watch out for.Ignored
Disliked{quote} I wish I knew more about that.... Ive been trading somewhat successfully for 5 months now but that is definitely something that could help me in a major way. Is there a term for that phenomenon that I could look up and start my research withIgnored