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Quoting bistolis

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I hope you dont mind me spamming with my charts After ranging in asia , GBP starts moving lower and then it fails to continue{image} M15: every red candle doesnt have a continuation {image}

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Quoting Rub

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{quote} I reckon it's a good way to make sure I'm seeing what you're seeing. On the 5 min chart, I see the last couple of candles before the lowest low have significant wicks, then there's a big up candle, followed by higher lows. I don't see any support marked nearby, but it's taking place just under a round number. P.s. I'll be keeping an eye on EURNZD tonight my time, because of the doji marked. No guarantees and I'll be watching all the nine strat lists as the most volatile, but something to keep in mind. EDIT: I meant to ask do you more or...

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Quoting Rub

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GBPNZD 5 minuite trading 17-Dec-2020 Red line is London open etc. S/R drawn around Euro open. 1. Entry, close below SS and resistance. Not liking the first candle after entry is a doji. Shouldn't have jumped in.There's No push then pullback like you need for a trend, although the 1 hour and 4 hour charts say down to me although the strat shadow is green. 2. This would've been a much better entry, although what I was saying about a push then pullback still applies. Coming on 40 minutes after my entry and it's grinding very very slowly lower, with...

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Quoting Mhons

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{quote} Rub it was good call! lazy PRICE with no bodies and log wicks Stay safe MH

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Quoting Rub

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GBPNZD 5 minuite trading 17-Dec-2020 Red line is London open etc. S/R drawn around Euro open. 1. Entry, close below SS and resistance. Not liking the first candle after entry is a doji. Shouldn't have jumped in.There's No push then pullback like you need for a trend, although the 1 hour and 4 hour charts say down to me although the strat shadow is green. 2. This would've been a much better entry, although what I was saying about a push then pullback still applies. Coming on 40 minutes after my entry and it's grinding very very slowly lower, with...

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Quoting bistolis

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{quote} you might want to keep an eye on similar pairs. Compare with EURNZD (EN has a pretty good ADR as well usually) pick one that look better than the rest. not that GBPNZD is a bad one. it is just like a hedgehog right now

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Quoting Rub

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I've set a buy stop on GBPAUD, I have to go out for an appointment at the time the candle closes. I like it being from the bottom of the weekly control candle, with the weekly and daily clearly rejecting support. ~65 pip stop and risk of 2%. {image} {image} {image}

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Quoting Rub

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{quote} Had another solid down candle on this that would've set off that pending order. I've entered a sell on the indicated candle, with the stop just above the candle ~100 pips. {image} {image} {image}

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Quoting bistolis

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{quote} I am not an expert and certainly price does what it does. what i dont like is the 4 red candles that dont have a continuation. if this fails, you could look for long entries. {image}

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Quoting Rub

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Closed AUDNZD, it's going nowhere. Just bouncing around just above support. I want to see momentum and this isn't it. Closed after the down arrow candle. Leaving GBPAUD open for now, it's up a little more than 1:1.5, but it hasn't bumped into the support I have marked. bistolis, hope you caught some of that move down in the pound pairs! {image}

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