http://charts.mql5.com/1/213/gbpusds...ad-trading.png
Does anyone fancy this one? Does it have legs?
Does anyone fancy this one? Does it have legs?
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Dislikedforget about the use of 60EMA when you trade TMS.
- TDI cross or 12-2 or 4-6
- HA change colour, entry on 1st and 2nd candle.Ignored
DislikedI had the same questions - I decided the best thing for me was to use the same as those who I am learning from. I can then see how they are analysing their charts and compare to mine. Although my broker doesn't use Metatrader - so I set up a demo account to use MT4 for analysis with a broker using GMT-0, and then execute through my broker.Ignored
DislikedIf you think of intraday, wait for breakout below TOK_5H and re-test to see it deos not return back to the TOK_5H. below
Beware of RN1.8150 below last week low. A break below would be nice continuation.
GBP is the weaker one.Ignored
DislikedMorning/evening
I read you post in another thread about the Tok 5H. Please could you describe how you use it again. Is there an inidcator you use to highlight the period (I suspect you don't do it by hand).
ThanksIgnored
DislikedEU 26 Mar H1 Trade:
Trading the correction of yesterday dip.
Trade open using TOK_5H.
Small SL, must move fast and protect quickly when LO.Ignored
DislikedI could be wrong, but I think the price recently broke through and has tiptoed around historical support at 0.8500 - I'm gonna wait to see if that becomes resistance - it's also countertrend so too higher risk for me. I think...Ignored
DislikedNice isn't it?
2R move easily when it broke below TOK_5H.
Did you catch that?Ignored
Dislikedwhat is your chart Market Watch time say now? and what is your local time?Ignored
DislikedPractice exercise on USDCAD:
See attached chart below.
Using that H4 candle as the trigger, how would you have gotten an entry into the market?Ignored
DislikedHi everyone,
hi emmanuel
I am new to this thread so please bear with me, I'm trying to get a grip of H4 trading.
PASR is what I call for this trade:
- 4EMA gives us short term directional bias and in this case the pin bounces off nicely but now we need the proper PASR kids to play along with this setup
- Friday low there if we don't zoom out too much (turquoise horizontal line)
- Zoom out a bit more and we will see a historic S/R there too
Enough fat kids on our side of the seesaw so it's a valid one.
Please correct me if I am wrong and please...Ignored
DislikedOn my chart were on the third candle now on the 4h so not a valid trade!
Regards
AdamIgnored
DislikedHi Adam,
Thanks for your reply!
I should have pointed out the candle I was talking about. The blue triangle shows my entry candle. Did we talk about the same? Let me know your thoughts please.
Peace and love
Steph
AttachmentIgnored
DislikedThanks. this pic is better. So, entry a little late but TDI is picking up. I moved TP up some.
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