GBP/CAD H1/M5 Observations
It's important to wait for Price...
It's important to wait for Price...
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MT4 Detailed statement numbers are not numbers? 2 replies
Trading at round numbers 0 replies
News and Numbers 10 replies
Fibonacci numbers and their relevance to forex, by MTi Europe 0 replies
Vegas Tunnel & Fibonacci Numbers 4 replies
DislikedGBP/CAD H1/M5 Observations It's important to wait for Price... {image}Ignored
DislikedEUR/CAD H1/M5 Long Trade Late in the day but we will see... {image}Ignored
Disliked{quote} I've moved my SL to BE +1 Pip. I wouldn't normally do this but at this time, in the day, I'd rather be safe than sorry.Ignored
DislikedI'd be interested to know how many other Traders pay attention to the 00 20 50 80 Numbers when entering a Trade and how you use them? I see a lot of Traders using Pivots, which by their nature change as Price moves. Support - Resistance which, personally I find to ambiguous. But, the Numbers always stay the same as Price ebbs and flows around them. {image} {image}Ignored
Disliked{quote} Steve, Interesting question but not easy to answer. I scalp PVSRA with Cigarguy. Check thethread here and you will see how numbers are used with PVSRA. Every trader has a different style and much to learn from. In short, I use RN (whole, half, quarter and 10 levels) as a gauge and see how the market reacts to it in combination with volume. Furthermore i look for clues of the location where price was in the past and is at the moment. Anyway, I have added a PVSRA PDF created...Ignored
DislikedSteve, this is very Interesting! You must have sold GU, it has played as you anticipated.Ignored
DislikedGBP/AUD m5 Observations EUR/AUD M5 Observations Do not chase Price WAIT for the PullBack and Price Action to Trade. {image} {image}Ignored