02 opposite transactions, price direction and RSI in TF H1, M30, M15 in the same direction, are pointing up; H4 is heading down, This is a short entry.
whatever works journal (EURUSD)... my trading story begins 33 replies
Mouteki? DeMark? Whatever! 5 replies
Whatever happened to Mouteki 0 replies
Dislikeda few considerations after last night's GN trades: First no need to panic when trade turned against me, a bunch of buys and sells later I got out OK. Therefore if I have to go to sleep and can't monitor trades I will open hedge position in lieu of SL. For me SL is more dangerous than wrong trades. it is possible to mange wrong trades into profit but once SL is hit it is final. 3rd is money management, which is probably THE most important thing. any critiques welcomeIgnored
Disliked{quote} Hi I think it's a clever move to watch match the correct pairs together on 1 screen shot, never thought of it that way I have always concentrated on a single pair at a time, I am going to re arrange my charts, thank you for the tip. Here would be my view of what you have shown {image} {image}Ignored
Disliked{quote} Hi I think it's a clever move to watch match the correct pairs together on 1 screen shot, never thought of it that way I have always concentrated on a single pair at a time, I am going to re arrange my charts, thank you for the tip. Here would be my view of what you have shown {image} {image}Ignored
Disliked{quote} Instead GBPUSD, put AUDUSD. So watch for couple of days these 3 “sisters” AUDUSD-NZDUSD-USDCAD. If you watch carefully, you will find something interesting best regards joakimIgnored
Disliked{quote} Hi Mamabear, wait this spike up just manipulated news, don't hedge , look at M15 GBP/NZD, the candles formation show exhaustion.. wait for a while, this may back to south.. continuing current down south movement. 1.92311 Regards NIHIgnored
Dislikeda few considerations after last night's GN trades: First no need to panic when trade turned against me, a bunch of buys and sells later I got out OK. Therefore if I have to go to sleep and can't monitor trades I will open hedge position in lieu of SL. For me SL is more dangerous than wrong trades. it is possible to mange wrong trades into profit but once SL is hit it is final. 3rd is money management, which is probably THE most important thing. any critiques welcomeIgnored
Disliked{quote} Hi I expect Nih98 to make a comment on this post ( it might not be good ) but its just my way of doing things. Nih mentions that you always need to know were you are, well I use a grid for this, I will enclose a Big Picture Grid & a Wkly view on a 15 min chart, now as the same way as Nih does I only want to work from the extreme trying to walk up or down the steps/levels/octaves So although I obey all Nih rules and indicators I want them to be in the right position on my grids before I buy or sell Dave {image} {image} {image} {image}Ignored
Disliked{quote} {quote} Is not about 'wow' how do you know it will come back to 1.92311.. ? GBP/NZD M15 {image} It's just because looking up to daily chart with common sense.. {image} @Mamabear, later if you become more confident and comfortable with your trading style and trading time, you could consider to use EA helper, that will manage your SL movements, and maybe (depend on how serious your accounts..) you could rent commercial VPS, so you could do analysis with your computer, take entry decision(s), then turn off your PC and let the other MT4 with...Ignored
DislikedHi guys! Ok, my uncle @NIH98 let me begin followed below discussion and my view of market. First of all I'm really sorry for my English. Let's start: As you know at Forex market we have major currencies and cross currencies, what the difference between them you know. I hope so. EUR/USD USD/CHF GBP/USD USD/JPY AUD/USD NZD/USD USD/CAD - here is the list of major currencies, as you can see all of them have the same 'thing', exactly 'ANCHOR' = USD. Upper list we can also divide to another small-lists, but we talk about later. And what we can do with...Ignored
Disliked{quote} {quote} Is not about 'wow' how do you know it will come back to 1.92311.. ? GBP/NZD M15 {image} It's just because looking up to daily chart with common sense.. {image} @Mamabear, later if you become more confident and comfortable with your trading style and trading time, you could consider to use EA helper, that will manage your SL movements, and maybe (depend on how serious your accounts..) you could rent commercial VPS, so you could do analysis with your computer, take entry decision(s), then turn off your PC and let the other MT4 with...Ignored
Disliked{quote} {quote} Is not about 'wow' how do you know it will come back to 1.92311.. ? GBP/NZD M15 {image} It's just because looking up to daily chart with common sense.. {image} @Mamabear, later if you become more confident and comfortable with your trading style and trading time, you could consider to use EA helper, that will manage your SL movements, and maybe (depend on how serious your accounts..) you could rent commercial VPS, so you could do analysis with your computer, take entry decision(s), then turn off your PC and let the other MT4 with...Ignored
DislikedHi Nih98, May I know if you can give a bit more 'clue" how to use Swingman's MA avg slope indi? You've explained a bit in a chart earlier. I am not able to fully grasp it. Thank you as always.Ignored
Disliked{quote} {quote} Is not about 'wow' how do you know it will come back to 1.92311.. ? GBP/NZD M15 {image} It's just because looking up to daily chart with common sense.. {image} @Mamabear, later if you become more confident and comfortable with your trading style and trading time, you could consider to use EA helper, that will manage your SL movements, and maybe (depend on how serious your accounts..) you could rent commercial VPS, so you could do analysis with your computer, take entry decision(s), then turn off your PC and let the other MT4 with...Ignored