got out of a trade just a moment ago, 17 green pips on M1
up 3,5% this week (and I didn't trade monday and tuesday) trading acumen's pivots and psych levels along with THV and my own analysis on longer TF
awsome =D
I haven't seen cobra online today. I have been using it for EURUSD but I imagine it could work for those instruments too. Why not try it on demo and let us know?
I have lost the train to some good trades lately and now I'm sticking back to my rule #1: don't post and trade.
Thanks to you and Doblece, your answers are well done.
I will reread at the proper time to may be add something in case it will be helpful.
You mean there are some good trades today?
You are right TW, today and almost all the week was difficult to trade, it's really choppy even looking at the 1M chart.
The only trade I took today was the recent move to the DP.
You see the T3 line and the hull have be very close on buy signal.
other trendchanges had a huge distance between T3 and hull, I draw some yellow lines there.
Your question is answered with that as well, bksujal
i took the heiken ashi off. it throws me off big time as to where the price actually is. had more bad trades than good on a demo.
if it doesn't pick up i will discard this system before i trade live.
what pairs does this work on best?
You are right TW, today and almost all the week was difficult to trade, it's really choppy even looking at the 1M chart.
The only trade I took today was the recent move to the DP.
You see the T3 line and the hull have be very close on buy signal.
other trendchanges had a huge distance between T3 and hull, I draw some yellow lines there.
Your question is answered with that as well, bksujal
That was good to point out the distance between T3 and hull. I had noticed that before but haven't paid so much attention.
Let me explain this trade a bit more.
On A it hit the psych level of 1.2500 and bounced back, went to another Psych level of 1.2550, point B, took a retrace of 61.8 Fib point C (and red box) and finally gave the Entry signal.
It’s a perfect A-B-C continuation pattern with confirmed THV signal. The narrow of the T3 line to the hull usually give us a hint to those setups.
Second chart is the same story but on a real candlesstick chart that you should have...
Don’t click on any signal, analyze it well, look at pivot, draw TL, Fibs and watch out for historical S&R.
You kill the system changing the HA’s.
For traders that are new to FX this hasn’t been the best trading week, nether for me but till now I could get my target of 40 pips daily filled.
