Swing trading is interesting, we have to put an eye on chart 24 hours, otherwise opportunity can be miss.
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5/6 candle swing low swing high Indicator 5 replies
Swing high / Swing low indictator+alert? 20 replies
Trading Swing by Swing 39 replies
Swing highs and swing lows 3 replies
swing high/swing low indicator and volume tic history 13 replies
Disliked{quote} Hi Gofitty, the best trend that illustrates your question is 20-8 {image} The trend had an initial angle and then it accelerated but in between, the first trend was broke like we were going to have an up-trend, like maybe what we are having right now. So, with the latest entry strategy, I would have closed my short trade at (1), and entered a long 30-50% (anticipation), then I would have closed that long at a loss at (2) and re-established my previous short trade because we are again under the trend, then closed that short at a loss again...Ignored
DislikedHi Broketrader, You are a genius. I always learn so much from you. Thank broIgnored
DislikedBT, how is your chart currently looking? Intrigued by your entry at 1.0829. ThanksIgnored
Disliked{quote} There is no intrigue ;-) I closed my anticipated trade which was at a bad level and waited wave one to re-enter and I completed as this is the last event for my entries. I admit that in post #565 it's maybe not completely clear but the SMA touch should come at wave one, the problem is that in this case we went beyond because wave zero wasn't strong enough but I still I think it's the right time to take the risk even if the trade terminates with a loss. What I didn't see in post #565 is that I thought that we wouldn't have the need anymore...Ignored
Disliked{quote} There is no intrigue ;-) I closed my anticipated trade which was at a bad level and waited wave one to re-enter and I completed as this is the last event for my entries. I admit that in post #565 it's maybe not completely clear but the SMA touch should come at wave one, the problem is that in this case we went beyond because wave zero wasn't strong enough but I still I think it's the right time to take the risk even if the trade terminates with a loss. What I didn't see in post #565 is that I thought that we wouldn't have the need anymore...Ignored
Disliked{quote} There is no intrigue ;-) I closed my anticipated trade which was at a bad level and waited wave one to re-enter and I completed as this is the last event for my entries. I admit that in post #565 it's maybe not completely clear but the SMA touch should come at wave one, the problem is that in this case we went beyond because wave zero wasn't strong enough but I still I think it's the right time to take the risk even if the trade terminates with a loss. What I didn't see in post #565 is that I thought that we wouldn't have the need anymore...Ignored
DislikedYes, we got the signal a couple hours before, not 5 hours ago like someone posted previously. If I haven't closed yet, it's because we are still not under the trend, we rebounded on it so it's the last chance I'm giving it. I explained that in my response to Gofitty. It doesn't look good I know but I'm only following my logic and if we get a test of the SMA I still have a chance to recover my losses. {image}Ignored
Disliked{quote} There is a connection between GU and EU #you were needed to see if GU is also near SMA or have a lot of momentum to cross it then your signal could be with high probability #it's not a new rule but you need to manually backtest it. All in all your thread is incredible. All the best.Ignored
DislikedWow....money management is the key to success in Forex! Will go back to demo trading till I can get my funds back up. Still here thoughIgnored
DislikedSet up an Oanda account to try their demo so I could connect trades to here and just thought I had myself a nice position only to realise I'd set the SL wrong. Will wait for a re entry.Ignored
DislikedWow....money management is the key to success in Forex! Will go back to demo trading till I can get my funds back up. Still here thoughIgnored