critical moment for EUR, it can't keep its price above 1.218
- #134,262
- Jun 8, 2021 6:44am Jun 8, 2021 6:44am
- Joined Jun 2018 | Status: An ordinary brother | 4,595 Posts
- #134,265
- Jun 8, 2021 6:54am Jun 8, 2021 6:54am
- Joined Nov 2020 | Status: Trader | 2,634 Posts
Red Bull
Slogan: Slowly but steadily
Slogan: Slowly but steadily
- #134,266
- Jun 8, 2021 6:55am Jun 8, 2021 6:55am
- Joined Jan 2019 | Status: Trader | 1,189 Posts
Took a buy this morning near 61.8 fibo. Close at + 8 pips due to ranging market. The structure of the cycle is similar to that of yesterday and the day before yesterday. So I'll just try long. Under 1.2160 only short
- #134,267
- Jun 8, 2021 7:09am Jun 8, 2021 7:09am
- Joined Dec 2012 | Status: Trader | 4,714 Posts
The Average Discount Everything
- #134,268
- Jun 8, 2021 7:16am Jun 8, 2021 7:16am
- Joined Dec 2012 | Status: Trader | 4,714 Posts
The Average Discount Everything
- #134,269
- Jun 8, 2021 7:25am Jun 8, 2021 7:25am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
Hi all, just got back to my station from a day of appointments. I knew 60s kept on holding 
, just didnt know how.
Bulls barely won the days volatility war, breaking through back above 2174 and mainly keeping it above, but that will have meant no sign of strength if price goes back down below 2172 again on this low volatility. Back below it now and we would probably be seeing tight ranging conditions for awhile or even another and probably stronger still down move. Time for some tight stops again in my opinion.
Bulls really need to bring it back above 2190 to disrupt this down moves momentum which could be potentially dangerous, especially if 80-85 resists again.
Hi Yves! Custom mt5 eas and indicators each adapted to its strategy. From alerts indicators to complete trading eas...
Cheers all!
, just didnt know how.Bulls barely won the days volatility war, breaking through back above 2174 and mainly keeping it above, but that will have meant no sign of strength if price goes back down below 2172 again on this low volatility. Back below it now and we would probably be seeing tight ranging conditions for awhile or even another and probably stronger still down move. Time for some tight stops again in my opinion.
Bulls really need to bring it back above 2190 to disrupt this down moves momentum which could be potentially dangerous, especially if 80-85 resists again.
{quote} How did you implement the alarms? Is it your broker's service or your EA running? Good night!
Cheers all!
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #134,271
- Jun 8, 2021 7:35am Jun 8, 2021 7:35am
- Joined May 2014 | Status: Full Time Trader | 27,132 Posts
I got confirmation on bull move on M15... Will try to go long as close as it gets to 1.2170..
Focus only on what truly matters!
- #134,274
- Jun 8, 2021 7:45am Jun 8, 2021 7:45am
- Joined Dec 2012 | Status: Trader | 4,714 Posts
The Average Discount Everything
- #134,275
- Edited 8:05am Jun 8, 2021 7:50am | Edited 8:05am
- Joined Sep 2020 | Status: Trader | 8,702 Posts
{quote} Hi Mtako, if I may ask, whats your trailing sl pip value?
Its too late for the position you were asking about (I guess it was the 98 or 1H 2184 positions ?, both of which got stopped in my sleep, -6 loss + BE)
Every setup has its own dynamic SL(time/volatility/averagelevels/priceaction... based). Unfortunately, none of them being simple pip valued trailing stops. Makes them too complicated to share, but if I get the question early enough, I will do my best to update it as regularly as possible or give approximate non-optimal steps to track it on your end, and it will be a pleasure.
Hope that helps anyhow, cheers.
Happy alarm woke me upI have a happy alarm when price has stayed long enough above certain level and bad alarm if SL hit. Woke up with a smile. {quote} Now that thats out of the way, I can start trading again + New setup buy stop 2198 (cancelled if 2175 get hit first). Trailing SL from 2184. {quote} {quote} Can now move all my under 2190 positions SLs at BE even before 2205 is reached.
Below is my shared 1H momentum based trade (entry at 2183), has a trailing...
If I don't mention SL and/or TP = longer-term setup possibly in the works!
- #134,276
- Jun 8, 2021 7:54am Jun 8, 2021 7:54am
- Joined Jan 2019 | Status: Trader | 1,189 Posts
EU M15 not bad this channel for some scalping.
- #134,278
- Jun 8, 2021 7:59am Jun 8, 2021 7:59am
- Joined Jun 2020 | Status: Trader | 1,175 Posts
Think 1.2188 will be a scalp sell opportunity, as the support line of the small rising wedge shown above gets retested. Expect it to trade the range today without going above 1.22.
Hope someone traded on it, for myself it is too short term, not worth the hustle.This H4 candle could go down to 1.2158 or up to 1.2192 according to my setup. So 1.2158 would be a buy opportunity, 1.2192 a sell opportunity. But generally it should move up slowly as it broke out of the large falling wedge.
Another day, another dollar.
- #134,279
- Jun 8, 2021 8:05am Jun 8, 2021 8:05am
- Joined Dec 2012 | Status: Trader | 4,714 Posts
The Average Discount Everything
- #134,280
- Jun 8, 2021 8:28am Jun 8, 2021 8:28am
- Joined Dec 2015 | Status: Trader | 2,290 Posts
Trendlines H1,H4, SMC