what do you think of audnzd short after the weekend assuming that today's candle close below the low of EB?
Any comments?
Any comments?
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Disliked{quote} I would like to see the next candle closed below the low of EB otherwise I would not sell. It seems it has retraced higher. The first EB on your chart would be perfect though but on hindsight. thank youIgnored
Dislikedwhat do you think of audnzd short after the weekend assuming that today's candle close below the low of EB? Any comments? {image}Ignored
Disliked{quote} Which broker is that? I have 3 Engulfing indicators and I don't see any engulfing on the daily Anyway, trend is mixed and Friday was a sort of pin bar... Choppy price action on this pair, still within last week's candle Weekly range only 53 pips, way below the average (20) of 153Ignored
Disliked{quote} Hi Erebus you can refer to my chart on post 41 above. Its is AUDNZD. But I am having it a pass(not shorting). What do you think of nzd usd (daily) next week? though it seems a down trend I am buying on Monday. It seems ok. {image}Ignored
Disliked{quote} Hi Erebus you can refer to my chart on post 41 above. Its is AUDNZD. But I am having it a pass(not shorting). What do you think of nzd usd (daily) next week? though it seems a down trend I am buying on Monday. It seems ok. {image}Ignored
Disliked{quote} Yes, I know it's AUDNZD, I asked which broker because I cannot see which candle you are calling Engulfing? In fact I see 3 Inside days {image}Ignored
Disliked{quote} Hi just to follow up with my trade idea last week. It is now 45 pips up although I cannot vouch that it will not reverse course. As Yonnie has pointed out, it is a down trend and I can see it is struggling to go bullish. But so far, it is climbing higher but slowly. I may just exit before TP. thank you {image}Ignored
Dislikedhi joseph, congrat on your win. now the 21 May candle is about to be taken out. if the present daily candle closes below yesterdays candle, would you take the trade or are there too many candles since May 21th? it is running into a consolidation area again ofcourse, but it might just break through it.Ignored
Dislikedyeah CH/J. its not an EB, but you also take trades where multiple days cover the last high/low candle. in this case 5 daily candles cover the high candle on the way down, of which 3 candles are break-even days. seeing there is no fluent price action down, no real great momentum, I don't think you would take the trade. pls let me know once you get home. thanksIgnored
Disliked{quote} Hi Erebus the chart you showed earlier is the same chart I attached here. Since no bars closed below the EB ( red arrow), it would be a loss if we had entered. {image}Ignored
Dislikedhere is a possible set up for GBPUSD it's not clear, does it have to be the very next candle after Engulfing or do you enter on a close below even it's 2 or 3 candles later? seems like waiting for close below, willing to give up a lot of pips for confirmation did you catch the earlier signal? see chart {image}Ignored