Many thanks guys.....appreciate the sharing of your experience.
Yup its a lot less cpu heavy on platforms without all the pairs.
Yup its a lot less cpu heavy on platforms without all the pairs.
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DislikedGreat info on this thread. I'm new to FX and looking for any helpa and ideas. Its great that every one is willing to share. Right now I'm trying several demos and reading reviews. A lot of reviews seem to be negative.
Looking forward to more of these posts. Like the simplicty Night Moves, great chartsIgnored
DislikedGreat info on this thread. I'm new to FX and looking for any helpa and ideas. Its great that every one is willing to share. Right now I'm trying several demos and reading reviews. A lot of reviews seem to be negative.
Looking forward to more of these posts. Like the simplicty Night Moves, great chartsIgnored
DislikedHers is the USDJPY D1, Just a heads up that we are testing the upper daily trendline and we have an inside daily bar.
--NMIgnored
DislikedHello NM
On this chart which is our set up chart, price has bounced from confluence of daily trend line, 50% fib and RN 94, but MAs are not stacked on top of each other, does this not bother you?Ignored
DislikedHI Howard,
On the setup chart I like to see the MA's pointing in the same direction and in order it gives me a little more confidence that the trend is established, on the trigger chart they do not have to be, the trigger chart is just where your looking for the reversal formation. Make sense?
--NMIgnored
DislikedThat is what I mean, on the D1 setup chart are the MAs pointing at the same direction?Ignored
DislikedOk I see what your saying, I have been trading that on a smaller TF even though the upper daily down trend is now being tested, on the 4 hour TF there is a clear uptrend and that is what has been tradable.
Now that the retracement has made it back to the top then there is a good chance that the down trend will pick up again.
So basically I am trading trends within trends if the retracements go long enough to start trending then I will trade them up to the S/R levels and watch price action around those levels.
So I try and catch as many trends...Ignored
DislikedThat is what I mean, on the D1 setup chart are the MAs pointing at the same direction?Ignored
DislikedThe pairs I am watching and looking for possible entries are:
Long Entires:
USDJPY 4hr (also showing an inside candle)
CADJPY 4hr
AUDJPY 4hr (Could be a short if we get a bounce)
Short Entries:
EURCAD 4hr
GBPAUAD 4hr
--NMIgnored
Dislikedfor usdjpy, the weekly chart is the setup chart. D1 is the trigger chart in my opinion.
best regardsIgnored
Dislikedas mentioned last week I also think that usd/cad and gbp/chf are good for trading it to the downside.
GBP/CAD could also show a possible setup to the downside the upcoming weekIgnored