DislikedMr Chia,
When RSI out of 30, buy when price go above a reverse candle (ie, a hammer, one white solider)? Thanks for sharing your trading philosophy.
May God Bless you.Ignored
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DislikedMr Chia,
When RSI out of 30, buy when price go above a reverse candle (ie, a hammer, one white solider)? Thanks for sharing your trading philosophy.
May God Bless you.Ignored
DislikedGBPUSD buy when its done in zona 1.5350-1.5400 or buy when rsi h1 touch 40 or under 40 and back to cross rsi 40 ,for gbpusd pullback 50-100pip,sometimes 150-200, always look daily candle and weekly candle for direction,most important is buy when weekly rsi back/cross to 40 ,rsi daily out 30,make analisys by your self.ever pairs is different when you use rsi, if we make sure about the direction, add your buy limit(your soldiers ),when its pull back 50-100pips,remember maybe we can lose 300pip but we can profit 1000pip,don't forget look the h1 and...Ignored
DislikedGBPUSD buy when its done in zona 1.5350-1.5400 or buy when rsi h1 touch 40 or under 40 and back to cross rsi 40 ,for gbpusd pullback 50-100pip,sometimes 150-200, always look daily candle and weekly candle for direction,most important is buy when weekly rsi back/cross to 40 ,rsi daily out 30,make analisys by your self.ever pairs is different when you use rsi, if we make sure about the direction, add your buy limit(your soldiers ),when its pull back 50-100pips,remember maybe we can lose 300pip but we can profit 1000pip,don't forget look the h1 and...Ignored
DislikedChia,
I am impress by your efforts to share your analysis here. However, analysis without charts could very confusing to most traders The purpose of this thread is to teach principles that are supported by sound technical, fundamental or price action analysis. Please try to support your analysis with charts for readers to have clearer picture of your views.Ignored
DislikedArticulate, i am sorry,first maybe my english not good, and sometimes i am very busy, so my time is not enough for me to explain more details,i will try next time,but i think better spoore rookies read your thread again and make analisys.
Spoore rookies, sorry make you confuse.JBUIgnored
DislikedWhat I will discuss today is Yearly Price Action Analysis (YPAA). Understanding the yearly circle of a currency is another effective tool for enhancing your success in trading. In simple term , YPAA is the maximum price movement of any currency pair within a given year. Most currency pairs move averagely between 1500-2500 pips within a year. This could extend up to 3500-4000 pips in an agressive bullish or bearish year.
[font=Calibri][size=3]YPAA for GBPUSD from 2009 to...Ignored
Dislikedspore rookies,gbpusd want to breakout zona 1.5550-1.5600,good position still buy, if good news for usd, maybe back to zona 1.5450-15500,wait for h4 candle,n ready to buy,if bad news for usd zona 15550-1.5600 will breakout.JBUIgnored
DislikedThe EURO is poised for a possible great move. It could be up to 1000 pips or more in either direction from the current price of about 1.2650. After the move a bounce of at least 500 pips should be anticipated. To give yourself a chance of benefiting from this move, place a pending sell at 1.3700 and a pending buy at 1.7000.
Check your trading platform next week and see where the price is. If neither of the trade is taken, you simply delete them and you have nothing to lose.
This is the way to set a trap.
Remember 1000 pips is the secret...Ignored
Dislikedpending buy at 1.7000.,
articulate ,i dont undestand that position???(1.7000)
i have buy position eurusd 1.2515 and will add my next position ,to understand eurusd price movement,i need more time to make analisys, i am not trading eurusd every week.
FOR EURUSD BIG REVERSE,i need 4-6 daily candle to make decision.
For GBPUSD , 4-6 H1 VERY IMPORTANT AND 4-6 H4 TO MAKE DECISION BUY LIMIT OR SELL LIMIT.
SPORE ROOKIE,ARE YOU PROFIT THIS WEEK????? Enjoy your weekend May JESUS BLESS YOUIgnored
DislikedChia,
This is how to draw line in the sand. For the Yen pairs their circles are 1300-1500 pips, while for the other pairs, they are roughly 1000 pips, including NZDUSD. However, AUDUSD circle is 1500 pips divided into into two parts of 750 pips each.Ignored
Disliked200 pips for your stop loss is way too wide, keep your stops tight or at least use trailing stops. This is what I do.Ignored
DislikedExperience has shown that tight stop loss will be disadvantagous in the long run, trailing stops if not set at the right level will terminate your potentially profitable trades prematurely. Read this posts here and you will see my response to similar query.
However, trading is personal, do what you think is good for you! I wish you the best of luck.Ignored