1 trade so far today.
Anytime price makes a clear break of the 21EMA, price is likely to go further that direction.
Anytime price makes a clear break of the 21EMA, price is likely to go further that direction.
James16+Rayanmcd(Jan kone) and ME 7 replies
DislikedTook the same as everyone else on the eur/usd. I got 20 out of it though for 8 risk Also to the poster asking how to get more then 10 pips? Look at the chart and look at resistance.... It the big sideways movementIgnored
DislikedHi guys,
i am new to this thread and new to FX, but I like what i have read so far. I am a firm believer in keeping it simple and this looks like a simple method to trade. I have tried to learn what you guys have been saying and here is a chart which i traded earlier today for a few pips. let me know what you think.
ThanksIgnored
DislikedNice trade, although not the 'standard' indicators in this thread.
in behalf of all here, Welcome!Ignored
Dislikedjankone, no offense. i see the downtrend you referring to. but i took this as a 'bb flat/range' trade. i guess different eyes see different things.Ignored
DislikedBeen trading for about 2 years now and from what i have seen u never know if the sup/res is gonna hold or its gonna get killed. So for me best course of action is to move stop to breakeven once it gets there and just leave it be.Ignored
DislikedG/U 5min with trend pin. Nice 45 degree angle 21ema. Didn't get a chance to get into this but probably would have. What I didn't see in time was that price has retraced to the big daily resistance line where obvious short orders are stacked up. Does everyone pay attention to higher time S/R areas, or only the big ones like the daily?
Anything else telling me to stay out of this one?
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DislikedI would of been in the short 5 bars before that. You just have to put in time to see what works and what does not. Someone telling you what to do will not make you better. Put in a few 100 hours of work to start and look at the charts in your free time. If you can not do that or don't have the time stop trying to trade and work on getting a better job or something. I am not trying to be a ass here but it's no magic on this stuff it just takes time, can someone teach you how to paint from reading posts of a chat room? To trade is like painting to...Ignored
DislikedG/U 5min with trend pin. Nice 45 degree angle 21ema. Didn't get a chance to get into this but probably would have. What I didn't see in time was that price has retraced to the big daily resistance line where obvious short orders are stacked up. Does everyone pay attention to higher time S/R areas, or only the big ones like the daily?
Anything else telling me to stay out of this one?
AttachmentIgnored
DislikedUntil you get stopped out and it goes in your direction, I have seen that happen TOO many times and it would of done it on this trade as well...Ignored
DislikedThe fact that I don't trade after the London session is the simple reason I didn't even consider it.
I always scan through the timeframes 5min-daily in search for s/r. Earlier in the day I had already noticed and marked the daily resistance on gbp/usd.
And as you can see prior to the pinbar, price got rejected from the daily resistance. So it would not be wise to trade this pinbar into the daily resistance, despite how nice it looks.Ignored
DislikedG/U 5min with trend pin. Nice 45 degree angle 21ema. Didn't get a chance to get into this but probably would have. What I didn't see in time was that price has retraced to the big daily resistance line where obvious short orders are stacked up. Does everyone pay attention to higher time S/R areas, or only the big ones like the daily?
Anything else telling me to stay out of this one?
AttachmentIgnored