AUDUSD 3min chart.
Active session. It will be interesting to see what happens at this swap level.
Active session. It will be interesting to see what happens at this swap level.
1
Personal Take Profit and Stoploss (per human, not per trade) 0 replies
Deman-Uc's LIVE TRADE Journal==$1k to $100,000 16 replies
multiple systems per pair/multiple pairs per system? 3 replies
Trading 24 hours per day, 5 days per week 14 replies
Confirmation:
All comments are welcome. Confirmations I think are more like an art, was trying to simplify
DislikedWinston Reed, I was trying to describe method from all your previous messages. Description: As a general rule price contracts and expands. A WRB is a bar that is larger than the previous 3 bars. It's nice when it is significantly larger. A WRB gap bar is not a trade signal - it shows effort (evidence of supply/demand). It is a significant event and observing how price reacts to it is what is important. A distant area of supply/demand must prove itself whereas a recent indication of supply/demand in the proper context is something I will trade more...Ignored
DislikedEURUSD 3min for context {image} Zoom in to current price action {image}Ignored
DislikedHi Winston Reed, first of all thank you for sharing your time and knowledge, I consider myself a student and as such I would like to ask you some questions, if you don't mind. (Numbers from one to six are considered WRBs) 1) Are the WRBs and zones indicated correctly? 2) Can we consider this a bearish trend? 3) Would have you placed a sell limit order at number 6? {image}Ignored
Importance of Trends in Trading
PIVOTS
DislikedHere's a chart to ponder for a bit. I'll try to sum up previous posts on trends and pivots together with this chart. I'll also explain where one would specifically look for a pivot as a potential entry. {image}Ignored