Hi everybody,
From MyFXbook the retailers are long 73% on AUDJPY but despite the volume much lower 5000 it went down however (see attached). I wanna ask you, so does the volume 5000 on myfxbook gives stronger push to the swing?
One trade per daily bar, or per X bars on current timeframe 0 replies
1 trade per pair per year 6 replies
multiple systems per pair/multiple pairs per system? 3 replies
Trading 24 hours per day, 5 days per week 14 replies
Disliked{image} Hi everybody, From MyFXbook the retailers are long 73% on AUDJPY but despite the volume much lower 5000 it went down however (see attached). I wanna ask you, so does the volume 5000 on myfxbook gives stronger push to the swing?Ignored
DislikedIt’s so nice to realize that your trades are in profit in the end of the week) this week I took usdchf buy and gbpusd sell) on a real my accounts)Ignored
Disliked{quote} The market is still resetting itself.. Keep an eye on the myfxbook data more then Scorpionfx... That is the main rule. It's getting close.. Worth the wait. You don't want to be in trades all the time. That's how retail traders lose.Ignored
DislikedSo based on SFX, applying the contrarian approach, and my own analysis I've entered the following trades; AUDUSD - SELL USDCAD - BUY AUDJPY - SELL CADJPY - SELL All trades can be followed in my linked TE. Have a green pips week guys!Ignored
Disliked{quote} Hello, I entered the trades when rsi2hls3 cross/pass 70/30 level on D1 and I did it on my five real accounts and one competition account)) Just using info from first posts. Now I am thinking to hold or not to hold trades. {image} {image}Ignored
Disliked{quote} Your showing rsi crosses on H4 though. I don’t recall there being any pairs that met all criteria last week....until Friday maybeIgnored
Disliked{quote} May I ask what's your own analysis behind the trades taken ? And do you know why is there no COT mentioned in myfxbook app for AU, NU & some of other majors ? ThanksIgnored
Disliked{quote} Blue line is rsi2hls3 on h4 and red line is rsi2hls3 on D1, So yes, last week I entered little bit early, before it breakes 70/30 level on D1. It was a luck) I closed those trades today at night because scorpionfx moved currency strange of GBP and CHF almost to green zone. Don't have big enough balls to hold trades according to the rules of rsi2hls3 on D1 when I am on a real account. Will see if that was a right decision. This week I opened Audusd, Nzdusd and CadJpy. {image}Ignored
Disliked{quote} Look here: https://www.forexfactory.com/showthread.php?p=11110801#post11110801Ignored
Disliked{quote} Thanks. I have that one already and I thought that that might be the one he was using but I cannot get 2 different TF's to show up on the same RSI like he is showing, so I thought it might be a different indicator. How do you get two different TF's to show up?Ignored
DislikedSo based on SFX, applying the contrarian approach, and my own analysis I've entered the following trades; AUDUSD - SELL USDCAD - BUY AUDJPY - SELL CADJPY - SELL All trades can be followed in my linked TE. Have a green pips week guys!Ignored
Disliked{quote} Remember the over 5000 volume refers to major pairs as suggested by Neilsgroom, when it comes to the minors and crosses, it works a bit differently as there is less volume traded on them. I normally will look at the % of buyers and sellers, and make sure that there is a good ratio between them. I think Neilsgroom also said that for the minor/crosses it should be at least a 3:1 ratio.Ignored