GU was gunning for higher yesterday and got chopped a around a bit. Few BE's and niggly losses in the mix.
Nice short setup today though.
Nice short setup today though.
Attached Image (click to enlarge)
1
C-12's Supply, Demand and PA thread
- #7,184
- Mar 31, 2019 2:36pm Mar 31, 2019 2:36pm
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
Nice end of week with USDCAD {image}
- #7,185
- Mar 31, 2019 2:38pm Mar 31, 2019 2:38pm
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
{quote} Trade of the week on the majors last week. D1 and a H4 zone.
- #7,188
- Apr 11, 2019 11:52pm Apr 11, 2019 11:52pm
- Joined Jun 2015 | Status: Trader | 1,340 Posts
Hi C-12,
Are the number at the side of the S/D box part of the indicator?
If so, which version of S/D indicator has this option?
Regards
Rob
Are the number at the side of the S/D box part of the indicator?
If so, which version of S/D indicator has this option?
Regards
Rob
Your trade order needs to be in the right place at the right time.
- #7,189
- Edited 3:51am Apr 12, 2019 3:29am | Edited 3:51am
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
Last couple of weeks have been hard for me. I always seem to flip flop with the direction and end up burning money (still demo). Also I seem to have a problem of trying to pick tops and bottoms. I went through the last couple of weeks and focused on only getting trades after H4 engulf and I think that was the key! Managed to get good trades today even though I flip flopped a couple of times. Also it looks like I'm too optimistic on my trades and imagine they will run straight to the target so I might be 1:3 but I get a loss or BE because I didn't...
Watch the candle timer closely and avoid making impulsive trades until you're 99% sure you will get confirmed PA in your chosen direction.
Also if you're in the experimental phase don't be afraid to mix things up until something sticks. You could go with more pairs and higher TF's and using multipe micro positions. Alternatively you can try just on EURUSD scalping with a full size position (using DX and as many TF's as you can fit in). There are many ways to skin a cat and everyone has a different style that suits.
You might find scalping suits, where you're just picking 6 to 12 pips up a few times per day, with no overnight holds etc.
Journal everything a night, ie- screenshots of pre and post trades and make notes of what is working and what isn't.
I agree also GU has been a bit of a stinker this week.
If GU ever starts to give me agro I'll drop it out of the rotation and then get fully concentrated on EU (adding in an M5 chart)
- #7,191
- Edited 3:56am Apr 12, 2019 3:45am | Edited 3:56am
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
- #7,192
- Apr 12, 2019 1:02pm Apr 12, 2019 1:02pm
- Joined May 2009 | Status: Everyday i learn from the market! | 1,794 Posts
MY telegram channel: https://t.me/https://t.me/tnavieurusd
Three bullish engulfings this week from witch only one worked,no.2.I guess this retracement has a chance to go a bit below 12000 and then up again,until then all bullish PA should be ignored.If the direction is chosen right on higher tf's then everything is easier.I guess that the top from September 2018 on daily qualifies as a higher tf supply so a retracement was in order.Anybody else trading this slippery thing?
- #7,194
- May 7, 2019 11:31am May 7, 2019 11:31am
- Joined Jun 2012 | Status: Signed In | 5,309 Posts
Three bullish engulfings this week from witch only one worked,no.2.I guess this retracement has a chance to go a bit below 12000 and then up again,until then all bullish PA should be ignored.If the direction is chosen right on higher tf's then everything is easier.I guess that the top from September 2018 on daily qualifies as a higher tf supply so a retracement was in order.Anybody else trading this slippery thing? {image} {image}
The DAX gives me bad memories of a blown account back in the day.
I remember Ken loved it but was too much of an erratic mover for me. I prefer the calm plodding action of something a bit slower, like EU.
