Disliked1st sell is a loss (50sma was red but flat), but 2nd sell entry recovered with small profit. {image}Ignored
Need small modification on my RSI cross/touch RSI alert 0 replies
RSI cross indicator when rsi=50 19 replies
RSI (Fast) above/below RSI (Slow) displayed as a Histogram 5 replies
DislikedWell, this was my second trade for the morning and it was a full loss as well. But I did learn something so I'm back in the saddle tomorrow morning if the market looks good. This Friday is the NFP report, I believe, so I expect that this week could be slow. {image} {image}Ignored
Disliked{quote} some observations on your entries if you don't mind. by doing so i am also re-enforcing/learning myself. it's about your timing on trade entry - at the end of current trend. 1) the uptrend started from frankfurt open and by the time you entered your trade, it was the 3rd wave (i think i mentioned before, you may have forgotten about wave counting). normally a trend lasts 3 to 4 waves ---> therefore only enter your trade on the 1st and 2nd waves. 2) drawing trend line. i know this is subjective and i am showing how i draw it. start drawing...Ignored
DislikedSo I went out with my wife for Chinese (hakka) dinner this evening and I figured it out. I understand why I made all my trades last week and none of them today. Last week I took my trades when the price on the H1 charts broke the RSI trend line. That meant that I was catching the break-out on the first wave when price still had lots of momentum. I think I get it now...Ignored
Disliked{quote} poor you. thinking of forex while having dinner. in the early days, i dreamt of combining the "best" indicators. looked good in my dreams but not in reality. i am hakka or khek but do not speak the language though i understand a little bit. i am nosy here. were you originally from taiwan or hong kong?Ignored
DislikedSold GBP/NZD for 11 pips. PA is below day open and day pivot. TDI green pointing down. Lucky to get out before the spike. {image}Ignored
Disliked{quote} caught you. seemed like you trade during office hours. lol did you sell gn after the spike? if so, looks like it's your trait from what i observed. know a bit of the fundamental. negative china news but still quite ok because numbers remaining above 50. china news affect australia/new zealand as china gets commodities like gold from australia.Ignored
Dislikedjust sold aj. h1 price under 50 sma red though still sloping up. took the risk because price could not close above the 3rd wave up trend. m15 price under 50 sma red sloping down. also a 3 bar reversal continuation of current trend.Ignored
Disliked{quote} I wanted to be nosy and asked is it the wife or the hakka dinner that made him "figured out"?Ignored
Dislikedi want to say until now, i think one knows enough arsenal to trade if conversant with the method shown in this thread. i have shown it all without holding anything back in my years of trading experience. here is your short cut saving all those years of seeking. hope you can participate.Ignored