DislikedTC=trend countinuos
CT=counter trend
please read again from page 1 ,ok.its very important all things about market rythem.Ignored
Thanks. It was I understand, but now I'm sure. Anyway I'll read again all things about market rythem.
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DislikedTC=trend countinuos
CT=counter trend
please read again from page 1 ,ok.its very important all things about market rythem.Ignored
DislikedHere's my view on the EURO longer timeframe:
1. Price broke the TL and stayed above the TL (black),
2. MACD is blue (bullish), it did went red though for a couple of minutes.
So my analysis is still on the bull run.
Good luck for both of us..Ignored
DislikedI don't think the stop loss issue would be too bad using this method for weekly timeframe as long as your broker offers small lots. If you risk 1% of your account every trade it doesn't matter if stop loss is 40 or 400 pips it's still 1%.Ignored
Dislikedi sold eu at 4540 sl 70 base on h1. 1-a doji befor that with a touch on 4580 level and 2-breaking the lower TL and 4545 level made me do that.my h4 will close after 1 hour.any comments are appreciatedIgnored
DislikedHere's my view on the EURO longer timeframe:
1. Price broke the TL and stayed above the TL (black),
2. MACD is blue (bullish), it did went red though for a couple of minutes.
So my analysis is still on the bull run.
Good luck for both of us..Ignored
DislikedNot sure I see this "bull run" Eur/Usd fell about 500 pips so far in February and corrected a little of it.... TC forming... Going long on the open was in my opinion wasn't a trade based on market motion, but a 50/50 shot at a market direction call. Market motion is clearly down, this was a retrace back to the 21 emaIgnored
DislikedNot sure I see this "bull run" Eur/Usd fell about 500 pips so far in February and corrected a little of it.... TC forming... Going long on the open was in my opinion wasn't a trade based on market motion, but a 50/50 shot at a market direction call. Market motion is clearly down, this was a retrace back to the 21 emaIgnored
DislikedThe eur was a 50/50 trade and something I would not take. Two types of traders, those that trade for years, take every trade and never really make money. Then you have trades like Phillip that will win 85%+ and make good money and skip the higher risk trades. It's upto you, if you like making a lot of trades and not make any money you are doing the right thing trading against the trend on 1hr stuff over and over. If you want to trade less and make good money you will not trade this way. You have to have the people that keep the market going and it's the people that win 50/50Ignored
DislikedThe eur was a 50/50 trade and something I would not take. Two types of traders, those that trade for years, take every trade and never really make money. Then you have trades like Phillip that will win 85%+ and make good money and skip the higher risk trades. It's upto you, if you like making a lot of trades and not make any money you are doing the right thing trading against the trend on 1hr stuff over and over. If you want to trade less and make good money you will not trade this way. You have to have the people that keep the market going and it's the people that win 50/50Ignored
DislikedAlso it seems everyone is NOT trading the 4hr stuff and it really is distracting trying to go through 50 new posts about people coming in here and just posting whatever they are trading even if it's not the 4hr. I will post more once this get back on topic, until then I am going to goto a different forum that is about the 4hr not everything else.Ignored
DislikedThe eur was a 50/50 trade and something I would not take. Two types of traders, those that trade for years, take every trade and never really make money. Then you have trades like Phillip that will win 85%+ and make good money and skip the higher risk trades. It's upto you, if you like making a lot of trades and not make any money you are doing the right thing trading against the trend on 1hr stuff over and over. If you want to trade less and make good money you will not trade this way. You have to have the people that keep the market going and it's the people that win 50/50Ignored
Dislikedthe long trade was a 50/50 shot just like EricthePip stated above. but the short trade was at least 51/49
the short trade was a nice early entry to position for a TC on the 4hour. and most importantly it was confirmed by the market (see my previous post). 1hour is more challenging than 4hour and more riskier at the same time.Ignored
DislikedYou had excellent comments. To EURUSD, I had TC signals in my GMT+2, and GMT+1 MT4, but all signal bars are closed above 1.4500 which make me hesitate to take this trade. I will watch the price action at 1.4500 to make decision. Do my concern is right?
JennyIgnored