Dislikedis any of you guys using this oanda's tool ?
what do you think about that?
http://fxtrade.oanda.com/tools/stati..._summary.shtmlIgnored
If I was an exec at Oanda I'd be very pleased, they are going to make a killing!
No brainer fundamental trades 55 replies
This time... I'm Keeping MY MONEY (BRV - No Brainer Trades) 3 replies
The Koala System (No brainer) 127 replies
EUR/GBP SHORT for No Brainer 67 replies
Selling USD and YEN is a no brainer. 12 replies
Dislikedis any of you guys using this oanda's tool ?
what do you think about that?
http://fxtrade.oanda.com/tools/stati..._summary.shtmlIgnored
DislikedI'm short on EURUSD at 1.3242 . Nailed it almost to the pip. Took 15 pips partial and letting the rest ride for at least 100 pips.Ignored
Dislikedin same trade Buma.. but its iffy...
this is counter trend trade ..
now S&P opened higher..
EJ rolling up a trendline..
still in but close to exit..Ignored
DislikedGood luck. I have my SL at BE, so it's ok. E-J is finding some resistance and USDCAD is looking for 1.238 though, so we could possibly find some luck if H1 candle closes below our entry. But yeah, it doesn't look good now.
Update: I got out at +40 pips. Nice one.Ignored
DislikedI'm not suggesting you should. I only use 5m for detailed PA to get a manual entry.
What time frame was your set up in?Ignored
DislikedWe all trade different of course...But i never go below 1 hour chart to set up my s/r lines, BUT i manage them both on 15 min and 5 min once im in a trade.
And regarding the pip per day issue...Its more than possible to do your 50 pip per day with this method..
I monitor 7 pairs each day...and i also use an alert when the pairs comes close to my lines...
happy trading folks.
kind regards
kojakIgnored
DislikedAh, no, that line can be seen from the H1 as well. And there is also a fib there. That's why I took the trade. I meant I managed it on M30, though I usually do that on the M5. I made 80 pips today and I closed trades earlier than I should have, so it sure is possible to make nice profit using these lines if you have experience (don't have that yet, but I'm trying)
Thanks.Ignored
DislikedHi all,
I have found my main problem trading has been a lack of patience, waiting, waiting, waiting for a set-up to arrive. Also, I tended to be watching too many charts and happened to miss the moves by virtue of looking at the wrong ones at the wrong time.
So, I have been looking for a way to use the BRV S/R principles on just 1 pair and on a short t/f to help me stay focussed and not get sidetracked.
I recently found 'Renko charts' which work from the ticker in Market Watch and just have a look at the chart below ... these principles can be...Ignored
DislikedHi all,
I have found my main problem trading has been a lack of patience, waiting, waiting, waiting for a set-up to arrive. Also, I tended to be watching too many charts and happened to miss the moves by virtue of looking at the wrong ones at the wrong time.
So, I have been looking for a way to use the BRV S/R principles on just 1 pair and on a short t/f to help me stay focussed and not get sidetracked.
I recently found 'Renko charts' which work from the ticker in Market Watch and just have a look at the chart below ... these principles can...Ignored
DislikedThat looks pretty dangerous to me. If that would work, then you could make a thousand pip in one day. Not sure any pro does that though. Or do they?Ignored
DislikedWell, I have been following a thread where one guy has proofed his trades as he places them on the 1 minute and has made 3,715 pips in his last 9 days trading the EURJPY.
it is 100% genuine as I have been watching the screen when he updates his journal - he is unbelievable !
It is all based off price action - his journal is here...Ignored