the key to the mint

hi suwummin,
the e/j trade u took looked good on the 5min charts,it went within 3 pips of target,maybe u could have moved stop loss to b/e,the only thing i can see was the stochs were getting close to being oversold.
harold will be able to correct me mate .so i hope this helps
cheers andrew.

Welcome Sum First Off I Could Not Find Your Trade Then I Realized Why You Are On A 15 Min Chart I Trade Off The 5 Min Last Night There Were No Trades With The Eurjpy And 1 Winner With The Gbpusd

I would like to know more about how to determine when the stochs are too oversold or overbought to place a trade.

I understand the rule that the stochs have to be crossed up to go long, and down to go short - along with the other rules. What I mean is, is there a level where you would say they are too overbought/oversold to enter? Say, above 80 then don't take the long trade, and below 20 don't take the short, or whatever. Or is that something that doesn't really matter.

I know there is no definite way to put that into a hard and fast rule. It comes down to your own judgement and discretion, I suppose. But if anyone who has been trading this for awhile could give me their thoughts I would appreciate it.

Thanks,
PD

Just now picked up a quick 24 pips on EURJPY on this inside 1-2-3 formation.

Done for the day.

Thanks Harold.

if stochs are around 20 or 80 when they cross point 2

Anyone Know Whats Wrong With Tradingrooms I Cant Get In

I can't either so something is wrong with Trading rooms. Its not us.
Steve

Thanks Well Dont Know What Else To Do Know To Communicate The Only Trade That Setup Was Gbpusd Last Night For A Win Try And Point It Out Steve This Is A Pop Quiz

That would be at 5:40 GMT

If You Are Talking About The Entry At 550 The Spread Was To Big

DO YOU NEED A HINT

WELL STEVE GIVE UP?

sorry; was looking at the Euro;

I need a hint. All I see is Gu at 10:55 with stoch at 80

Steve

You Are Correct But Stoch Wasnt At 80 Before Entry Good Eye

I thought that might be the case. Thank you.

The Mrs. is off work today so we didn't get up early to possible catch this one in real time.

Steve

Very Impresive Steve To Find That Little 123 With The 3 Point Being The Entry Also I Think You Have Got This Down Pretty Good

So did you catch anything else? LOL

If This Continue As They Are Eurjpy Will Be Long On Monday Along With Gbpusd Eurusd Not There Yet

TradingRooms is now online again.

Well, off and on and off....

After Almost 2 Months The Eurusd,gbpusd And Eurjpy All Will Be Longs For Monday