DislikedKRC on EUIgnored
Carpe diem: Intraday tactics for Dax and Dow 54,011 replies
NEWBIE Tactics! 18 replies
S/R Trading tactics 4 replies
True Range Trading 2 replies
Dislikedanyone take the EUR:GBP 1hr trade a couple hours ago, was looking like a good short setup, i got in then got crushed as it surged northIgnored
DislikedI know not everyone takes account of news when using this strat. but the Bank of England minutes released at 9:30 am had sharp effect on the pound I think.Ignored
DislikedHi mate, maybe you could post up your charts with entries etc and we'll see if we can help?Ignored
DislikedWill try to put them up in next couple days. But i trade using rising star and falling star candles, other doji candles such as a large cross, usually at the top of a recent move up or down to signify change in direction. Also try to trade these only when above 100ema going long, and below going short.
I use 1H charts on majors and usually only enter once the next candle has exceeded last candles low or high 'in profitable direction'.
My risk reward ratio is 2.5:1
SL between 15-25, so some trades are not made due to large TP move required....Ignored
DislikedYes I've been observing the M15 charts today and see what you mean.Ignored