Attachments: Cable Update (GBPUSD)

Cable Update (GBPUSD)

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#528,321
Jun 16, 2020 6:37am Jun 16, 2020 6:37am

Viki84
Joined Mar 2019 | Status: Trader | 225 Posts

Quoting Roszey

Disliked

{quote} All brokers are the same. No broker is best. my only tip is to choose a broker which is regulated in countries like.UK, USA, and Australia. Most brokers B-Book the traders.

Ignored

Im using Roboforex which is i think UK regulated. Im with them 2 years now and i have never have problem.

Time is your friend; impulse is your enemy! - John Bogle

#528,322
Jun 16, 2020 6:39am Jun 16, 2020 6:39am

SFundamental
Joined Apr 2020 | Status: Trader | 788 Posts

Tempted to short for value - but lot of white space above

Look ahead, Macro=Direction, Levels & Structure = Entry

#528,323
Jun 16, 2020 6:40am Jun 16, 2020 6:40am

Viki84
Joined Mar 2019 | Status: Trader | 225 Posts

Quoting KeenPips

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Could you tell us why you are confused? Some of us on this thread may help you figure it out? KP {quote}

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Hi KP! im comfused because for me it dose matter if its engulfing candle or pin bar or anything else because its affecting my trading. Im more of a technical analyst

Time is your friend; impulse is your enemy! - John Bogle

#528,324
Jun 16, 2020 6:44am Jun 16, 2020 6:44am

SFundamental
Joined Apr 2020 | Status: Trader | 788 Posts

Quoting SFundamental

Disliked

Tempted to short for value - but lot of white space above

Ignored

Risk going bullish though.....

Give me some news.....

Look ahead, Macro=Direction, Levels & Structure = Entry

#528,325
Jun 16, 2020 6:44am Jun 16, 2020 6:44am

dondealova
Joined Jan 2015 | Status: Lurking | 582 Posts

Waiting

Attached Image (click to enlarge)

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https://investizo.com/investment/view?server=1&amp;amp;amp;amp;login=2141779119

#528,326
Jun 16, 2020 6:46am Jun 16, 2020 6:46am

Theoak
Joined Apr 2019 | Status: Trader | 5,803 Posts

Quoting Viki84

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{quote} So which one is good? Im a little bit comfused here

Ignored

Prob different time zone setting

Don't trade what you think. Just what you see!!!

#528,327
Jun 16, 2020 7:10am Jun 16, 2020 7:10am

KeenPips
Joined Dec 2015 | Status: Trader | 8,798 Posts

Hello @Viki84! You should not be confused if you check at least a time frame higher than your trading/entry time frame, and trade by the momentum on your entry time frame. Avoid the temptation to trade 'just' candlesticks unless they form at significant S/R (e.g. D1 or W1 tf) zones. Context is key! Besides, unless you are scalping, realize that e.g. an engulfing candlestick formed on an ltf (e.g. H1 or H4) is less significant than those on an htf (e.g. D1 or W1); or you may say, less reliable or will not last as long as one on an htf. Furthermore, when you are analysing the markets, listen more to what the price action is telling you than what your forum friends/members are saying. We all trade differently.

Stay safe, trade safe.

KP

Quoting Viki84

Disliked

{quote}...I'm confused because for me it does matter if it's engulfing candle or pin bar or anything else because it's affecting my trading. I'm more of a technical analyst...

Ignored

Do your homework, follow the footprints of smart money

#528,328
Jun 16, 2020 7:20am Jun 16, 2020 7:20am

SFundamental
Joined Apr 2020 | Status: Trader | 788 Posts

Quoting SFundamental

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{quote} Risk going bullish though..... Give me some news.....

Ignored

Got some of the sell - and the bottom a buy scalp

Look ahead, Macro=Direction, Levels & Structure = Entry

#528,329
Jun 16, 2020 7:22am Jun 16, 2020 7:22am

Viki84
Joined Mar 2019 | Status: Trader | 225 Posts

Quoting KeenPips

Disliked

Hello @Viki84! You should not be confused if you check at least a time frame higher than your trading/entry time frame, and trade by the momentum on your entry time frame. Avoid the temptation to trade 'just' candlesticks unless they form at significant S/R (e.g. D1 or W1 tf) zones. Context is key! Besides, unless you are scalping, realize that e.g. an engulfing candlestick formed on an ltf (e.g. H1 or H4) is less significant than those on an htf (e.g. D1 or W1); or you may say, less reliable or will not last as long as one on an htf. Furthermore,...

Ignored

Thank you very much for your answer!! Im not a scalper, i tryd that, but not my style

I was just comfused because thats happend before and i wanted to know how is affecting the whole picture!

Time is your friend; impulse is your enemy! - John Bogle

#528,330
Jun 16, 2020 7:23am Jun 16, 2020 7:23am

KeenPips
Joined Dec 2015 | Status: Trader | 8,798 Posts

If you want to trade for a longer period, or are looking for a bigger profit target, wait until the momentum/price action on your trading tf aligns with at least a time frame higher than your trading/entry time frame.

KP

Quoting KeenPips

Disliked

Hello @Viki84! You should not be confused if you check at least a time frame higher than your trading/entry time frame, and trade by the momentum on your entry time frame...

Ignored

Do your homework, follow the footprints of smart money