End of another good week (and month). Just 1 trade today, +18. Very straightforward and completely stress free.
Good week-end to all, strada.
Good week-end to all, strada.
- Joined Jan 2012 | Status: Is still the ginger ninja | 2,495 Posts
End of another good week (and month). Just 1 trade today, +18. Very straightforward and completely stress free. Good week-end to all, strada. {image}
Hope you have great weekend with spring setting in
Rooi
We miss 100% of the shots we don't take
Short week again this week but decent result overall and a good Friday finish.
Trade 1, I was never comfortable with this long trade as price was close to the number below and normally around this time it would be unlikely for price to go anywhere without first testing the number either stop-hunting or a sustained move down. So I was looking for reasons to exit and the chart gave me all the info I needed.
Trade 2 was a no-brainer, just before Frankie open and the number below acting like a magnet plus a solid signal on G1m.
Close enough to daily target to finish for the day.
Good weekend to all, strada.
Trade 1, I was never comfortable with this long trade as price was close to the number below and normally around this time it would be unlikely for price to go anywhere without first testing the number either stop-hunting or a sustained move down. So I was looking for reasons to exit and the chart gave me all the info I needed.
Trade 2 was a no-brainer, just before Frankie open and the number below acting like a magnet plus a solid signal on G1m.
Close enough to daily target to finish for the day.
Good weekend to all, strada.
- Joined Jan 2012 | Status: Is still the ginger ninja | 2,495 Posts
1 loss, 1 win on EURCAD this morning and 1 big win on EURNZD: {image} {image}
How many pairs do you monitor if I may ask
Rooi
We miss 100% of the shots we don't take
- | Joined Jan 2015 | Status: Member | 27 Posts
EUR / USD H4 {image}
did another scalp trade on M1 EURUSD,
first trade entered on a buy but it did not seemed to be going well. closed at +2 pips
2nd trade closed at +22pips.
one thing i noticed a few times is, if the matrix changes color 3 times in a row and align with its stoch direction at its last candle, its usually a good trade. i don't know for sure but i noticed it enough times to catch my attention during the past week of looking at the charts.
- Joined Jan 2012 | Status: Is still the ginger ninja | 2,495 Posts
Morning, end of another short bank holiday week and of course the month, but no complaints, G1m still working well. Trading GU or EU at present. GU today and chart below. Regards to all, strada. {image}
Nice Trading today as always
I noticed today that you got the signal 1 bar earlier on FXCM than I did at ICmarkets and with this example specifically it made a big difference but a quick glance at this mornings PA doesn't show a real substantial difference to warrant a change on my part but I was wondering :
1. If you always use FXCM and have you ever noticed a big difference between brokers in the signals that are produced?
2. This Particular setup scenario has had me thinking over the last 2 or 3 months and I was wondering your views on it and I think today's scenario gives a perfect example of what has been rolling around inside my head:
In your trade the signal candle forms higher in the reversal "leg" and you are able to get a cheap SL compared to the signal that I got 1 candle later which had given a big push into a decent support/demand area and often gives us that retrace that we saw this morning or a complete reversal in which case you have a much cheaper SL compared to mine if I had sold on the initial signal that I had received but as the SL was to big I decided to wait to see if there was a retrace in the making and it was and all was well but getting to my question about it......
Would you have sold there where you sold today without signal confirmation and the candle closing if your signal was forming like mine was. Specifically where it broke the small support or higher low and went lower or would you then have waited for the candle to close like I did or had to at a much lower price and if so would you have sold at that lower level or would you have waited like I did to see what the market did next and if there was a retrace ?
Hope that's not too long winded and confusing as it makes sense in my mind and I would be happy to do chart to explain in more detail.
As always thank you for your time
Rooi
We miss 100% of the shots we don't take