EUR-GBP D1 long entry
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Disliked{quote} Well all i mean is on the 2 examples you gave us; the EUR/AUD trade was a consolidation break and i wouldn't have even thought of opening a trade in the direction of the upside as there was major resistance and there was a previous downtrend. Did you look for an entry because of the double bottom? And for the NZD/USD i have no idea what made you think of shorting as i would have waited for a pull back to the resistance and bought in.Ignored
Disliked{quote} Hi Jaricho313, As I am price action swing trader I always look for formation of swings in the market. Of course, first, before entering one should be aware of the current long-term trend directions, example weekly and daily. And priority will be trading along that long-term trend... About EUR/AUD, before it was going up it was stuck or consolidated in a range, it did not want to go down, then started showing HHs and HLs... About NZD/USD, I am clearly showing the swing formation in the post, but what made you think to go long there, was there...Ignored
Disliked{quote} Not at all, maybe the way i worded it was wrong and maybe sounded like i was being disrespectful? However i was just asking him about those specific trades he posted as they seemed different to the ones he usually posts and i couldn't figure out what his mindset was. So i guess the jokes on you for assuming i was being a trollIgnored
Disliked{quote} disrespectful.. no...troll?? coz not.. like u said just the way you worded it.. just made my day haha.. trading is a serious business.. need a little smile here and there..Ignored
Disliked{quote} {image}{image} I am long on this. True that daily trend is down BUT.. 4H is still up. So to me no short until 4H trend breaks.Ignored
DislikedHi Swing Traders, Here are some swing possibilities for coming week... H4 swings {image}{image}{image}Ignored
DislikedHi guys, entered a short on this today, because of the rise to resistance and also the 4hr trend was broken. Feel free to give me your opinions as it will help me. {image}Ignored
Disliked{quote} {image}{image} I am long on this. True that daily trend is down BUT.. 4H is still up. So to me no short until 4H trend breaks.Ignored
Disliked{quote} I hope u are still paper trading else u are going to lose a lot of money. Trendline as the name states.. you need a trend. and the trend is defined as when the price makes a higher high for uptrend and lower low for a downtrend. {image}Ignored
Disliked{quote} So what you are saying is, once the trendline is broken you should wait for a 1-2-3?Ignored
Disliked{quote} Hytten. With this hammer candle that is making the price in time frame month and two days after closing it would not go long. {image}Ignored
Disliked{quote} Eh is it a bit more complicated than that. Not all breakouts are created equally. Breakout with full bodied candle with momentum is preferred. Usually afrer the initial breakout it will retrace. Entry can be in a form of 1,2,3 from hourly OR the retest of the breakout are. The latter fo coz offers a better risk and reward.Ignored