Can anyone explain why we could have seen this before going with the sell limit?
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DislikedNo did't see that one, also the AUDUSD seemed to have hit some h1 supply just before the h4 level we were looking at...
Can anyone explain why we could have seen this before going with the sell limit?Ignored
DislikedHi only20gp,
As far as AUD/CAD is concerned I am in 2 minds with these because there have already been responses to the initial supply. But if one was to consider other factors like DIV and TL's it looks good. I have entered one on NZDCAD on some J16 based PA& s/d. which would give the same results as your two pairs. So technically speaking i am also taking the same side as you.
Also just wanted to say that your two pairs are highly positively correlated so my suggestion take only one because you will be exposing your self to twice the risk...Ignored
DislikedGuys,
Look for S/D in the daily Chart and then come down to the H4 to place your order, this is the method I have been using I don't go any lower then H1 the most for an entry, it takes out lot of the noise,
The Short time frames will give you more set ups but not reliable, plus its less stress full, rest is your decision
For those who are unable read the S/D go through the whole thread dean gives an excellent explanation how to identify the S/D
I will keep on posting my set ups to share with you guys let me know if If I can be more...Ignored
DislikedTo my eyes, the AU H1 supply looks more like a pivot/pullback to the RBD level just above between 9933/9918.
The main issue for me trading the pivot short would be the pockets of H1 demand just below us - no RR.Ignored
DislikedBeen eying this since last week. Beautiful hidden DIV, BRN 0.99, top of TL. + heavy supply zone. No touch trade this time decided to wait for some PA. Entered on break of IB on M15.
Taken half off at +30. SL at BE. rest running long term. If my broker doesn't do what he did yesterday.
Best,
-HIgnored