Disliked{quote} Thank you mate! Ahh, find it hard to choose what pair to take when there are 2 similar setups. Recently i was looking on correlated pairs, like GJ or EJ, to understand the strenght of EUR or GBP, but last few days that correlations didn't work at all. So i've decided to take 2 trades at once, even it's not in my usual rules. But that were really nice setups, very clear. Nice to see you back! Do you also trade H1 along with H4 now? {quote} Thanks Likica! Nice, but not so amazing as your usual shotsIgnored
As I said I normally prefer H4, but in the last few days I noted a more ranging/choppiness on h4 than h1, so I did some h1-trades. More frequently, it's the opposite.
I think I will keep it as a "side rule" - when the market is ranging and choppy I switch to h1 which is a bit more smooth, on h4 it's difficult to make it reach TP at the moment. Just my idea... market can always change, maybe tomorrow i will prefer h4 again ...
Most of this idea derives from the "christmas ranging" many operators tend to get out from the market 1-2 weeks before Xmas, until mid-january, so that's why.
This year, it's also happening a strong sell-off on some financial instruments such as OIL, Ruble, and few different equity markets (european mostly)
Lorenzo