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Following the big money

  • #2,441
  • Apr 8, 2020 2:12am Apr 8, 2020 2:12am
hi srmfx, what does top of the our trade mean.
  • #2,442
  • Apr 8, 2020 2:35am Apr 8, 2020 2:35am
Attached Image
  • #2,443
  • Apr 9, 2020 2:08am Apr 9, 2020 2:08am
took this, what is your take on this.
Attached Image (click to enlarge)
Click to Enlarge Name: 2.PNG Size: 31 KB
  • #2,444
  • Apr 9, 2020 2:09am Apr 9, 2020 2:09am
exited for +11.
  • #2,445
  • Apr 9, 2020 2:20am Apr 9, 2020 2:20am
Double bottom at support. Initial stop 5.4 pips
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM1dblbttm.png Size: 34 KB
  • #2,446
  • Apr 9, 2020 2:22am Apr 9, 2020 2:22am
Quoting carbonado
took this, what is your take on this. {image}
Where exactly is you entry?
  • #2,447
  • Apr 9, 2020 2:28am Apr 9, 2020 2:28am
Quoting srmfx
{quote} Where exactly is you entry?
1.08498.
  • #2,448
  • Apr 9, 2020 2:46am Apr 9, 2020 2:46am
Quoting carbonado
{quote} 1.08498.
I see the price. When was the entry?
  • #2,449
  • Apr 9, 2020 2:50am Apr 9, 2020 2:50am
Quoting srmfx
{quote} I see the price. When was the entry?
,this morning 9:34 my broker time.
  • #2,450
  • Apr 9, 2020 3:04am Apr 9, 2020 3:04am
Quoting carbonado
{quote},this morning 9:34 my broker time.
These could be my entries. Closer to a recent hi/lo lowers the initial stop. That's the idea.
Attached Image (click to enlarge)
Click to Enlarge Name: 2.PNG Size: 23 KB
  • #2,451
  • Apr 9, 2020 3:07am Apr 9, 2020 3:07am
Quoting srmfx
{quote} These could be my entries. Closer to a recent hi/lo lowers the initial stop. That's the idea. {image}
i get you, however i aint that skilled...work in progress
  • #2,452
  • Apr 9, 2020 3:25am Apr 9, 2020 3:25am
Quoting carbonado
{quote} i get you, however i aint that skilled...work in progress
In trading you learn all the time. There is always something new.
  • #2,453
  • Apr 9, 2020 5:34am Apr 9, 2020 5:34am
GBPUSD was the better option this morning because with the same risk provides much better profit potential than EURUSD. Think in risk/reward terms, as well as expected value.
  • #2,454
  • Apr 9, 2020 6:08am Apr 9, 2020 6:08am
Quoting srmfx
GBPUSD was the better option this morning because with the same risk provides much better profit potential than EURUSD. Think in risk/reward terms, as well as expected value.
i also took the long @ 1.2368 but all as 20 pips scalp...this was a great trade ineed
  • #2,455
  • Apr 9, 2020 7:06am Apr 9, 2020 7:06am
Quoting srmfx
GBPUSD was the better option this morning because with the same risk provides much better profit potential than EURUSD. Think in risk/reward terms, as well as expected value.
Is there a potential way to know which pair might have a better run/move, so as to pick the best possible pair.
  • #2,456
  • Apr 9, 2020 7:38am Apr 9, 2020 7:38am
Quoting carbonado
{quote} Is there a potential way to know which pair might have a better run/move, so as to pick the best possible pair.
The more volatile pair. As a measure of volatility you can us the average daily range
  • #2,457
  • Apr 9, 2020 7:39am Apr 9, 2020 7:39am
This is a good tool https://www.mataf.net/en/forex/tools/volatility
  • #2,458
  • Apr 9, 2020 8:53am Apr 9, 2020 8:53am
Quoting srmfx
{quote} The more volatile pair. As a measure of volatility you can us the average daily range
....okay, thank you..
  • #2,459
  • Apr 12, 2020 4:21am Apr 12, 2020 4:21am
Are there any more indicators besides mt4?
  • #2,460
  • Apr 12, 2020 6:32am Apr 12, 2020 6:32am
Quoting catmes
Are there any more indicators besides mt4?
My trading style is based on the order flow analysis. EMAs are the only indicators.
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