EURUSD will the price reach 1.13000...
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Disliked{quote} Seems that I should have stay a bit more, but 70+ is good profit following the first loss. By the way, by taking GU short, I'm wondering when you gonna sleep....lol !Ignored
DislikedGoodmorning 60, Are you short EU ? I entered on the breakout of the first down bar, but should probably have entered on the pin bar that printed the higher high. It may be wise to consider pin bar irrespective of the pin bar body.... Just a thought. {image}Ignored
Dislikedim still in the short from EU yesterday's high, the failure entry closed for +46 last night... well over my target for the week, so may well close out the short and look for a better hi/low.. I believe most traders struggle because of their entry method, they give the entry way too much importance believing the outcome of the trade is decided at that point. The high level of discretion they use on entry is near impossible for humans to deal with in uncertain situations. My method has next to no discretion at entry then the brain's ability to make...Ignored
Disliked{quote} Sorry for seeming dense 60. I trade in similar fashion with the added complexity of having to trade during the Asian session ( so it's scalping for me), so I am interested in trying to CLEARLY understand what you are trying to say without trolling through 3 different threads. I am still looking for a video or post which outlines your method simply and succinctly. Would you or someone else please point me in that direction?Ignored
Disliked{quote} not dense at all DX, valid question. well the first thing I would say is I have suggested various methods to trade - all using the logic that market's just move up and down in a sine wave of varying amplitude and you would be as well to trade that logic as any predictive analysis. In this thread the basic strategy is this - the EUR/USD and the GBP/USD (well any european currency against the dollar) will most likely make it's high and low of the day in the European and US trading sessions. So, if during those sessions price has made a new...Ignored
Disliked{quote} Thank you 60. I appreciate your speedy response. I trade in similar fashion (trading between the lines as it were). The difficulty I have is the paucity I experience during the Asian session. I thought your method might offer me something more I can use during the Asian session. I am a price action trader with an understanding of S/D and S/R .... maybe I have to move to Europe for easier pickings. Looked to your system to maybe find a clue to help me trade the Asian session based on last High and Low prior to the open in NZ. That is why...Ignored
Disliked{quote} If I needed to trade the Asian session using lower timeframes then I would look to pairs such as GBP/AUD EUR/AUS GBP/JPY or move to higher timeframe trading. If you are trading an instrument at the times when there is the lowest volume then you are at a serious disadvantage. The app is called highlight for mac, just a freebie but pretty good. p.s dont be anti-facebook, the way most people use it it is a constant stream of useless info, but for a closed group, a trading group, it is the best... the level of functionality is amazing and with...Ignored