Disliked4hr crosssed down.. I went short 240.72
we will get the 4hr confirmation @ 8 EST
There will be a small retracemnet to 5sma of 1hr.. I will go short again @ that levelIgnored
New Forex Trader
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Disliked4hr crosssed down.. I went short 240.72
we will get the 4hr confirmation @ 8 EST
There will be a small retracemnet to 5sma of 1hr.. I will go short again @ that levelIgnored
DislikedCan anyone tell me how to look out for retracements or what tool to use. i dont want the figure you expect next retracment. this is a clasic case of give a man a fish he will eat for one day, teach him how to fish he will eat forever. you can PM later when you have time. thanks in advanced.Ignored
DislikedSet up Moveing Average period=5, Type=Simple.
When 1h bar touched this 5SMA is the completion of a retracement.Ignored
DislikedSet up Moveing Average period=5, Type=Simple.
When 1h bar touched this 5SMA is the completion of a retracement.Ignored
DislikedI tickled the beast a lot yesterday, it woke up angry.. cutting through everything, multiple fibo's and whatnot... LOLIgnored
DislikedCan anyone tell me how to look out for retracements or what tool to use. i dont want the figure you expect next retracment. this is a clasic case of give a man a fish he will eat for one day, teach him how to fish he will eat forever. you can PM later when you have time. thanks in advanced.Ignored
Dislikedyour very risky trade proved to work out after all =)
Hee... Well done sir!Ignored
DislikedMy own guess is that 5min SI just crossedover, and momentum on 5,15 30 is pointing up so from what I remeber A saying that's the way to spot a retracement in this case only 240.90 30 min 5SMA, if 1 hour momentum pointing up and also a crossover then we have an retracement to 1h 5SMA 241.45
Just answered to my earlier own question :Ignored
DislikedSet up Moveing Average period=5, Type=Simple.
When 1h bar touched this 5SMA is the completion of a retracement.Ignored
Dislikedbut tis 5sma touches 1hr bar at 243.8. means shuld short over tt level. how to enter for nw...Ignored
DislikedOh, no. Look at your current 1h bar, this one to touch the 5SMA.Ignored
Dislikedspot on ovidu, If the 8est 1hr bar shows a good momentum , I may short from there..Ignored
Dislikedspot on ovidu, If the 8est 1hr bar shows a good momentum , I may short from there..Ignored