Disliked{quote} Based on it i took a bull trade, which failed, any advice? regardsIgnored
Intraday swing trader @ 30min+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups
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Disliked{quote} Based on it i took a bull trade, which failed, any advice? regardsIgnored
Disliked{quote} yeh, how do you know that acting on an engulfing candle on this pairing on that t/f represents an edge ? Over what large sample size do you have the empirical evidence/stats to prove that it does ?For eg what is the winning strike rate over say a 500 sample size at 1:1 and 2:1 R;R etc ? I'm guessing you are going just from anecdotal evidence/observation which is not sufficiently reliable in proving an edge exists or not.Ignored
Disliked{quote} Based on it i took a bull trade, which failed, any advice? regardsIgnored
Disliked{quote} i dont know how to advise other, about style of trading but i can share my style maybe it can help i dont took trade base 1 confirmation only.. i need at least 3 or 4 confirm before i Open any Position> i need to see confirm on 1. Market Structure (i.e HnS. iHnS, TeaCup, etc..) 2. Candle Patern i just use (double bot/up, Shooting Stars, Engulfing) i ignore any other candle because idk how to used it 3. Fibo level and TrendLine 4. RSI to see if theres any divergence 5. Volume 6. Im used 4H, 1D, 1W, for S/R level so i can see supply or demand...Ignored
Disliked{quote} yeh, how do you know that acting on an engulfing candle on this pairing on that t/f represents an edge ? Over what large sample size do you have the empirical evidence/stats to prove that it does ?For eg what is the winning strike rate over say a 500 sample size at 1:1 and 2:1 R;R etc ? I'm guessing you are going just from anecdotal evidence/observation which is not sufficiently reliable in proving an edge exists or not.Ignored
Disliked1.2967 is a level intra-day traders should watch. The value area was created on Wednesday and it seems as though price has not quite respected it yet.Ignored
DislikedDoes anyone know why GBP/USD just spiked higher? It just spiked 40 pips higher in 5 min. Wow!!!Ignored
Disliked{quote} Hi Sunny, spike probably due to this tweet. No, its not even a "news", nor a official statement. Just a tweet. These are dangerous trading times. {image} Whenever you see strange moves, just click the NEWS tab of this forum for a quick check. Or Marketwatch or Livesquawk or Yahoo etc etc. But regardless, a strange move may cascade and create more and more panic buying/selling. Especially with robots nowadays seeking keywords to trade (or alert the half drunk Funds Manager enjoying at a club...)Ignored
Dislikedthere is no strong setup today caution with a brexit news having no trades is best for nowIgnored
Dislikedintinamah ulah hilap ngopi jeung ngudud meh teu stress teuing nempo chart.. ahaha.. sorry for language..Ignored
DislikedIn both cases, the bull candle is impressive in itself, but the dark shadow of the bear candle in front of it causes it to be rejected {image} {image} {image}Ignored