New Cable Thread & Other Pairs

Quoting d1zzy

Disliked

{quote} Im trading gold, so I will look for a bullish engulfer over the previous bear candle and enter when price tests the zone of the bear candle or enter the very next 15m candle straight away if market bias is bullish (in this case it is), preferably on the 15M but my friends take trades off 5M engulfers too. Right now I bought this low before NY open, SL is at BE now off pure fundamentals and safe haven appeal for gold after recent happenings. Edit - You also gotta find reactive zones on fib for the pairs you trade, in my case 61.8, 50, 38.2...

Ignored

Quoting GOR

Disliked

{quote} Sometimes it can be simple, the market is in an uptrend, and at the end, the expectation that the dollar will rise after the red news and the direction will change, there is no reason to sell when the bulls still rule before the news, but buy before and try to sell after, better to go with the flow,

Ignored

Quoting pedro319

Disliked

{quote} Anything you can get your hands on: 1- The higher tf context. 2- Macd reading and/or divergence 3- Rejection candles and candlestick patterns 4- Reversal patterns (Bfly, H&S etc...) Number one is the most important.

Ignored

Quoting vinesh1

Disliked

{quote} Thanks: "Edit - You also gotta find reactive zones on fib for the pairs you trade, in my case 61.8, 50 and 38.2 price always reacts." - When you say "reacts" what do you mean? I are you looking for a specific candle formation to mark it as a reaction?

Ignored

Quoting vinesh1

Disliked

{quote} Thanks Pedro. Yes of course higher tf is always the most important. Say prices does reach a significant support level or resistance level on a higher tf. What are you looking for to decide ok hey price is going to bounce. As you say mac d etc. But are you moving down to lower time frame and looking at candle patterns/ macd etc to determine a bounce?

Ignored

Quoting navk

Disliked

{quote} The fall was due to divergence in 4hr

Ignored

Quoting minhtri

Disliked

{quote} {image} {image} {image}

Ignored

Quoting SmallGains

Disliked

I went long @ 1.08760 been adding since...so far so good. SL set at break even so will see.

Ignored

Quoting pedro319

Disliked

{quote} It's just waiting for Gold to finish off and then continue down.

Ignored

Quoting SmallGains

Disliked

{quote} Yup...im in profit pretty good so im calling it. This is my second funded account im playing with as i had not gotten it over the 100$ minimum to make my withdraw in 15 days. {image}

Ignored

Quoting pedro319

Disliked

{quote} Keep it small gains otherwise one day with unexpected market behaviour you get taken out. It has to be said, with VIX at the lows it's rather more difficult to lose the account.

Ignored

Quoting SmallGains

Disliked

{quote} Diffidently. Im keeping all this account for sure its funded account #1. Its locked in. Ill get the 2381 - 10%. Plus ill get my refund for the initial purchase which was like 400 something. {image}

Ignored

Quoting minhtri

Disliked

{quote} {image} {image}

Ignored

Quoting pedro319

Disliked

{quote} Keep me posted !! tks

Ignored

Quoting SmallGains

Disliked

{quote} Will do. Hopefully everything goes smoothly.

Ignored