sell eurusd h1
buy usdchf h1
buy usdchf h1
- #128,583
- Dec 23, 2021 2:47pm Dec 23, 2021 2:47pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} We are on the same boat: Sell EU, EJ {image} {image}
you are using the multi-lot entries ...
not Big E typical single lot entry.another version of TMS MEME 'multiple entries multiple exits' ... to improve TMS system performance.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,584
- Dec 23, 2021 2:52pm Dec 23, 2021 2:52pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} NZDUSD Dec23 H1 - a 3 bars reversal setup? YES! - but an experienced chartist trader can spot the 'flaw' on this chart. {image}
- that reversal setup did not run ...
- you can do your own review and learn the reasons why such kind of trade setup is lower probability and what you would do to mitigate the risks when trading
> Post#647 is important
TMS PAC or 5EMA?
TMS_V19 has the information you need:
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,588
- Dec 26, 2021 10:25pm Dec 26, 2021 10:25pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
December 27, 2021
Seasons Greetings!
Take a moment and reflect on your trading performance the past months and the many lessons the market have brought you and be better prepared for in the New Year 2022.
Be Happy!
Happiness is an Advantage
Seasons Greetings!
Take a moment and reflect on your trading performance the past months and the many lessons the market have brought you and be better prepared for in the New Year 2022.
Be Happy!
Happiness is an Advantage
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,589
- Dec 26, 2021 10:35pm Dec 26, 2021 10:35pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} apparently 27th and 28th are bank holidays... so the 29th?
Don't expect a lot of movements today and tomorrow when several markets are still closed and the liquidity is very thin.
Things should be back slowly to 'normal' next week from Jan 04,2022. ... with US PMIs and then NFP on Friday Jan 07.
GU Dec 27 Big Picture Daily
I see potential for move up 1.3528 or down 1.3258 next week and the coming weeks. If both PMIs and the NFP favour USD, then it is down tp 1.3258.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,590
- Dec 26, 2021 10:37pm Dec 26, 2021 10:37pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
when are the markets gonna be ok to trade again? I placed two small trades of 0.01 lots today within 2 hours of london open and price just dilly dallied around not going anywhere. obviously i suspected this might happen (hence only using 0.01 lots) ...but i'm just wondering when volume is going to pick up again and trades will become high probability....?
do not expect 50 pips this week.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,591
- Dec 26, 2021 10:55pm Dec 26, 2021 10:55pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
when are the markets gonna be ok to trade again? I placed two small trades of 0.01 lots today within 2 hours of london open and price just dilly dallied around not going anywhere. obviously i suspected this might happen (hence only using 0.01 lots) ...but i'm just wondering when volume is going to pick up again and trades will become high probability....?
{quote} apparently 27th and 28th are bank holidays... so the 29th?
another way to look at the market this week in view of the holidays and shorter trading hours,
- is to use the Price Action Channel PAC in all timeframes
- look for H4 swing high or swing low follow with reversal setups , then trade when the H1 PA above or below the PAC high-low.
- the PAC high low is very narrow range 11 to 13 pips so do not expect too many pips
- pick on the best setups ... i.e. only the 5bars swing high/low with reversal candle setup when in such market conditions.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,594
- Dec 28, 2021 4:06pm Dec 28, 2021 4:06pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} US Markets Week48 Dec03 Close - consecutive bear weeks and bulls pushed back a little, - how far can the bulls further push the bears this week? outlook does not look good with the mutated Omicron when trading today and rest of the week: - take very short-term day trade scalps - jump in and out fast > as usual be careful when New York 9am open and watch the Chicago(+1) 9:30am {image} ...
US Markets Dec 29
Santa Claus Rally
- will end on Dec 31 1600CT
>
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,596
- Jan 2, 2022 4:17pm Jan 2, 2022 4:17pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
May you be healthy, gain knowledge, and have happiness in everything you do. Happy New Year!
Best Wishes in the New Year 2022 and good health, happiness and wealth ...
Let's grow another green year trading the markets with more focus and discipline.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,597
- Jan 2, 2022 4:27pm Jan 2, 2022 4:27pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} Don't expect a lot of movements today and tomorrow when several markets are still closed and the liquidity is very thin. Things should be back slowly to 'normal' next week from Jan 04,2022. ... with US PMIs and then NFP on Friday Jan 07. GU Dec 27 Big Picture Daily I see potential for move up 1.3528 or down 1.3258 next week and the coming weeks. If both PMIs and the NFP favour USD, then it is down tp 1.3258. {image} ...
GBPUSD Dec 31 2021 close
Nice push up to 1.3258 and it did surprised me.
Today is we have holidays in most major markets and anything can happen.
Be prepared tomorrow Jan04 with US PMI data, then Jan05 FOMC and the notorious NFP Friday Jan07 .
On my Daily, to the left is perceived 'supply zone' which buyers will be confronted with.
Today intraday I will look at Friday Dec30 candle for potential retracement into that candle.
Trade Well and Trade Safe!
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Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,598
- Jan 2, 2022 4:36pm Jan 2, 2022 4:36pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
{quote} US Markets Dec 29 Santa Claus Rally - will end on Dec 31 1600CT >
US Markets Jan03, 2022 opening
- the year ended with a 'soft-landing' on its final day trading.
- will let it run for another few days and resume trading maybe on Jan 06.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,599
- Jan 2, 2022 4:43pm Jan 2, 2022 4:43pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
GBPJPY Jan03 Big Picture
to reply one PM asking about this pair
- I see potential target 156.80 above but it will rough moving there
- if you look to the left, there were choppy days and the Weekly OHLC will be 'support and resistance'
- have to watch the price levels 156.00 and 156.50 and what the price action would be
- do not trade any TDI setups blindly to avoid being set up by the market.
...
to reply one PM asking about this pair
- I see potential target 156.80 above but it will rough moving there
- if you look to the left, there were choppy days and the Weekly OHLC will be 'support and resistance'
- have to watch the price levels 156.00 and 156.50 and what the price action would be
- do not trade any TDI setups blindly to avoid being set up by the market.
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
- #128,600
- Jan 2, 2022 5:11pm Jan 2, 2022 5:11pm
- Joined Nov 2008 | Status: Trader | 50,203 Posts
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett