GM - as posted elsewhere.....I've not noticed one here....price now trying to get above that level....a serious move or a fakeout.....TWT
Trading Levels with WRBs
LIVE Trades Only : EURUSD & GBPUSD 122 replies
Strategy behind 1 EA (buy only) and 1 EA (sell only) 2 replies
Trading EURUSD only 43,752 replies
Eurusd-5m Trading Only 109 replies
Script to change EA to long only/ short only at a price level? 1 reply
DislikedFood for Brains: Better Habits of Exiting Trades I often see traders immediately closing their trades once target has been reached. On the long run you are missing the chances of breakouts and surprising momentums that could add to your profits drastically. Below are two examples how to close more effective on the long run. Of course there might be many more but the purpose is to make newbies think. I hope it helps.. Stay Green {image}Ignored
Disliked{quote} to the pip Price closed below BRN (1.17). Will it fall to 1.16?Ignored
Dislikedquick update from Malaysia local time here is morning, 3 hours after the closing of NY session, this is what i seen from my naked eye u do not need any complicated indicators or fib lines, just remember to analyse & determine price bar (in order to locate visible demand & supply), price context and also flip through the higher timeframes like what i see below {image} {image} {image} simple stuff huh? this is exactly what i doeveryday (quick overview) before the london session, i draft a plan from here, then i can determine what price action (h1/h4)...Ignored
DislikedHey, me again. I just been asked a very good question by a guy who never posts but reads everything we do here. I thought I answer it here because it's a really good question and it might help some newbros to understand why one should NOT trade "assumptions". Question: why did I not trade this Short on the EUR/USD this morning? Answer: even though I saw it coming, when I watched the Asia session across the pairs and saw the incoming strength of the JPY and the ongoing strength of the USD, paired with the weakness on the pound, the Aussie and the...Ignored
DislikedThe discussions around "Should traders use a SL or not" just makes me laugh. Guys.. I will say it only once and you will never hear me talking about it ever again: "No matter which platform you use may it MT4, MT5, Tradestation, Web Traders, etc., it is never about should we set a SL to a level or not. The idea is to KNOW WHERE TO EXIT YOUR TRADE IN CASE THINGS GO WRONG" If you are closing with a real SL fine... If you are manually closing while sitting and watching fine... If you are waiting for a candle close above some specific level in your mind fine... If you open another trade into opposite direction and begin hedging fine.. If you are hedging with total different instruments or pairs fine.. No problems in any of these options here.. The only disaster will come for those who have no exit plan at all. Those who marry their opinion and can't let go. That's what it is about. Nothing more. A SL is nothing else than the idea of knowing where to run away and let go. Simple as that. My two cents. Stay GreenIgnored