We have a new signal on the EUR/GBP.
Entry is at .83422 with a stoploss below yesterday's low at .82760
Entry is at .83422 with a stoploss below yesterday's low at .82760
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DislikedHello Spyderman,
Thank for starting this thread. I am still following Graeme's thread which is one of the gems among all forex forums. I like the way you have modified Graeme's teaching to suit your need.
-HappyTrading-Ignored
DislikedHi,
I have attached the screen short, USDCAD signal is correct or not?
Please confirm
bye
ajenthaIgnored
DislikedHey all,
I apologize I haven't been posting as often as I'd like. I must admit I didn't appreciate how much time it would take to try and keep up with my trading and posting on every trade.
So here's what I'm going to do. I'll take one pair... like the USD/JPY and post all my trades on that one. You'll see how the strategy works.
You can also see how the results show on my journal at the top for all traded pairs.
Feel free to ask any questions and we'll see how it goes.Ignored
DislikedHi Spyder,
Its good idea IMO.
For last two weeks, I too tried to trade FB on 4hr charts. Most of them closed at BE. I am bit satisfied with my results as i did not lose a singe dollar, but I need to practice more.Ignored
DislikedYes the trick (I think) is staying with it until you hit a trend. Then cashing in on those stacks will more then offset the small losses. I've recently cashed in on G/U and E/U and am building U/J nicely.
It's also a great way to study price action.Ignored
DislikedWas going to wait for the end of the H4 to place a pending. But price action has taken us down around the 50% fib and moving back up so I'm going ahead and opening a position on the U/J with a stop just below the H4 low.Ignored
DislikedOkay. Placing a stop order on the U/J H4 at the new candle. Red lines show High/Low for previous H4 bar. Stop entry is at 79.67 with our stop just below the previous bar low at 79.44Ignored
DislikedHi Spyder... When exactly are you exiting your trade? If there is a opposite FB signal when you following the trend,what decides you to stay in and not open a trade in the opposite direction??Ignored
DislikedSo, when you place a up trend (buy), the price action is over, then retrenchment start, you place a sell order. which ever the market move one order has close and other order has live (melliped)
Is it correct, please if I'm wrong explain more clear
Thank you
bye
ajenthaIgnored