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Trading is as simple as 1-2-3

  • #6,221
  • Apr 18, 2018 1:22pm Apr 18, 2018 1:22pm
Quoting TooSlow
{image}
I was wanting to know what time do you think UJ usually reverses at the end of the day.....whether it be a full reversal or just a pullback at the end of the daily trend? I also live in the US (Central Time Zone)......and I feel like price for EU and UJ tend to either reverse the London Session Trend sometime around 7-10am Central Time.......what are your thoughts on this? I understand nothing is certain but I would like your opinion on what time you think these pairs have a better chance of a reversal or a pullback? My thoughts were that around these times is when banks from the London Session are closing out their trades and taking profits before the end of their session......unless there is still big news to come out after these times and if the pairs still have room to move according to their ADR20. Thanks TS
  • #6,222
  • Apr 18, 2018 4:46pm Apr 18, 2018 4:46pm
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  • #6,223
  • Apr 18, 2018 6:40pm Apr 18, 2018 6:40pm
Quoting bojack34
{quote} I was wanting to know what time do you think UJ usually reverses at the end of the day.....whether it be a full reversal or just a pullback at the end of the daily trend? I also live in the US (Central Time Zone)......and I feel like price for EU and UJ tend to either reverse the London Session Trend sometime around 7-10am Central Time.......what are your thoughts on this? I understand nothing is certain but I would like your opinion on what time you think these pairs have a better chance of a reversal or a pullback? My thoughts were that...
I do not have an opinion or bias regarding reversal times. Trade the price action and you will know, Mate. Cheers!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,224
  • Edited 1:02am Apr 19, 2018 12:36am | Edited 1:02am
Attached Image (click to enlarge)
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Short GJ +5 locked +25, 20 trailer on, love these kind of trades to start the day.
  • #6,225
  • Apr 19, 2018 2:43am Apr 19, 2018 2:43am
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Short EG +5 locked
  • #6,226
  • Apr 19, 2018 4:57am Apr 19, 2018 4:57am
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Long EU +5 locked
  • #6,227
  • Apr 19, 2018 7:36pm Apr 19, 2018 7:36pm
The DXY was rising, so I got out in accordance. Immediately following, the dollar shot up as did this pair. Pure market manipulation. Makes sense when one considers; if the dollar is going down and this pair is needed to make a high of the day, it must be manipulated. I'm okay with leaving pips on the table. It was a good trade with a delayed cautious entry to avoid that "runaway train".

Good job everyone.

edit: I am now short this pair at the high open. I found the early entry signal. hehe
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  • #6,228
  • Apr 20, 2018 1:34am Apr 20, 2018 1:34am
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Short EG +5 locked
  • #6,229
  • Apr 23, 2018 1:15am Apr 23, 2018 1:15am
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Short EJ +5 locked
  • #6,230
  • Apr 23, 2018 2:39am Apr 23, 2018 2:39am
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EJ the other way +5
  • #6,231
  • Apr 24, 2018 12:44am Apr 24, 2018 12:44am
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EJ short +5, different day, same way.
  • #6,232
  • Apr 24, 2018 2:58am Apr 24, 2018 2:58am
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Long EU +5 locked
  • #6,233
  • Apr 24, 2018 12:28pm Apr 24, 2018 12:28pm
Attached Image (click to enlarge)
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Took the EJ short again about 5 hours ago and caught the one I am always looking for, 80% off at +5 and sits at +37 with a 20 trailer on
  • #6,234
  • Apr 24, 2018 12:29pm Apr 24, 2018 12:29pm
Quoting hal7
{image} Took the EJ short again about 5 hours ago and caught the one I am always looking for, 80% off at +5 and sits at +37 with a 20 trailer on
Patience always pays off.
  • #6,235
  • Apr 24, 2018 3:26pm Apr 24, 2018 3:26pm
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The short paid.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #6,236
  • Apr 25, 2018 12:38am Apr 25, 2018 12:38am
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Long AU +5 locked same bar
  • #6,237
  • Edited 2:31am Apr 25, 2018 1:25am | Edited 2:31am
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Long GU +5 locked same bar +22, 10 trailer on
  • #6,238
  • Apr 25, 2018 2:30am Apr 25, 2018 2:30am
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  • #6,239
  • Apr 25, 2018 5:15am Apr 25, 2018 5:15am
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Long EU +5 locked same bar
  • #6,240
  • Apr 25, 2018 10:29am Apr 25, 2018 10:29am
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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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