Selling GBPUSD, H1 35/50 touch, DP and H4 10EMA confluence
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DislikedAnybody Looking to go short on GBPUSD on H1 Higher MA Touch in Confluence with Daily Pivot? I want to but I'M hesitating, due to a strong trend on M5 and also a beginning uptrend on M15 {image}Ignored
DislikedAnybody Looking to go short on GBPUSD on H1 Higher MA Touch in Confluence with Daily Pivot? I want to but I'M hesitating, due to a strong trend on M5 and also a beginning uptrend on M15 {image}Ignored
Disliked{quote} great! I am still in the trade couldn't close due to 3 pips spreadIgnored
Disliked{quote} hopefully you didnt hesitate. take it for +10-15 pips. SL 20-30 pips and walk away if you are frightened. if u are experienced, you can load a second position if its overshooting 10-15 pips. it has the advantage that you get a better entryprice and a higher profit. but really be careful because these touch trades can overshoot more and then you are -50 or more;-)Ignored
Disliked{quote} 3 pips spread!! change the broker !!! dont accept more than 0.8-1.2 pips spread without commission. and 0-0.5 spread with commission.Ignored
Dislikedoh I was very wrong. I just took another trade with +17 pips. This one surely isn't an AAA trade. But can you guys tell me if it's something you would have done as well and if it was a Dance trade? It doesn't seem as "clear cut" but it just screamed at me to sell. Reason for Entry: Was at lunch and when I came back I saw price retesting and rejecting a previous H1 S/R. When price came back, there was a double top on M15. The second candle of this double top also dead ended into M15 SMA35 which was my trigger to enter short (double top + coudn't...Ignored
Disliked{quote} Thanks for the advice. I have been thinking to change my broker. I have looking for FXTM, they claim to be lowest spreads but I noticed their spreads are variable and most of the time it is 3 pips Please suggest if you have someone better?Ignored
DislikedHi everyone, did anyone else have this big spike on M1 GU? I was up +12 pips and SL=BE but within seconds price spiked and took me out -7 pips due to lack of liquitidy. I know this happens and I don't really have a reason to doubt my broker, since it's an ECN broker. But since most of us are trading GU it's a perfect and simple possibility to check with you guys :-) I would be glad if some of you could check / post the M1 GU just to verify. Cheers, Methos {image}Ignored
Disliked{quote} yes, that spike was real. another reason why i avoid BE stops and welcome to the trading world. the trend was strong bullish, we have brexit negotiantions and that caused this spike. we have these spikes now every day when you look at the m1 back. i had a long order for a 35/50 touch trade and made +17 within 20 seconds. m15:{image}m1: {image}Ignored
Disliked{quote} I see you trade GBPUSD a lot and said it's your favorite pair for Choros. Would you suggest trading GU solo if learning Choros? Even with the spikes these days? Cheers!Ignored
Disliked{quote} yes, because its working best with GU. in recent times i tend to trade GU only, also with other strategies, because it moves like an animalIgnored
Disliked{quote} Thanks! Any timeframe(s) you would suggest a Choros beginner? Just start with the 15 min as per guide or?Ignored