{quote}
at the contradiction.{quote} Good morning too. I am not an affiliate of any broker and I don't use pepperstone. years ago I was attending a forex trading seminar and one trader who is an IB introduced me to use smart tools and he suggested pepperstone as the broker. you can google 'pepperstone' smart trading tools' and find out for your self. there are commercial members here in FF Commercial Section who promote their own smart trading tools. Go look for yourself as I do not promote their products in this thread. I use one of their product to manage trades. anyway ,...
{quote} Read / know you were on call. Try to catch the cross at the beginning of the new bar. Also the entry was in consolidation. Apply post#647 after you see a cross before placing a trade Think along the line: No Cross No trade What help the trade into profit was the angle of green since the start of the cross
), and when they don't...
{quote} There was some reverse psychology going on too. There were 2 strong white bars previously from that level, consolidation or no consolidation. {image} Edit: Things in motion tend to stay in motion ( I know you liked that one
Howdy doody chaps. I playing with triangle hedge. Very simple trading. Start flat and expose by taking profit from one leg. One trade a day so lots of time to potter around. Each trade about 0.5% profit per day. Profit exceeds swap and spread. Working out all the pluses and minuses, it is basically a single contrarian trade on the greatest daily change in my three monitored pairs. I pay more spread costs and higher swap costs, but it makes the cutting losses easier and the profit taking funner. I always trading on the biggest movement every day....
{quote} EURAUD Week 17 Apr 25 update: Two fake H4 this week but when we follow D1 after the set-up last week, we are safe trading. There was no selling for TMS D1 chart traders. One big screen says it all and that's simple enough for me. Imagine selling with 15 to 20 positions with average price at 1.6000, the drawdown pips is enormous when price reached 1.6100. Question some may have to ask is how long do you keep your trades in floating drawdown? one week? two weeks? three weeks and longer {image}
{quote} Anyone following EURUAD this week? Today London session pulling back but the H4 and D1 are still bullish. Pay attention when NY session open and also when trading tomorrow Sydney and Tokyo morning session. Expect resistance in the region 1.6150 and 1.6190 Exit D1 chart trading when the D1 APB/HA candle close with colour change. Manage your downside.
{quote} Have you tried AutoChartist? broker Admiral Markets introduced that years ago.
Since it was many years ago, who knows, the quality might have been improved. As far as I know, it's freely available in several brokers out there..... (including IC Market? not sure though.) Anyway, I think it's not included in Pepperstone's Smart Trader Tools package... (I can be wrong.)
{quote} Like I said. You spend too much time looking at just the TDI... and you missed several things things. You need to read more. That trade was a loser....
{quote} Your entry is one candle late and if you had use a price action entry you would be up +38pips by now.
