DislikedGJ has retraced 50% of its move down..risk takers could take a very risky short here...Ignored
not bad for 20 pips.....
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DislikedGJ has retraced 50% of its move down..risk takers could take a very risky short here...Ignored
DislikedPerfect that answer my question. That indicator was in
http://www.forexfactory.com/showthre...159471&page=16
87 posts.
Thanks a lotIgnored
Dislikedskyscraper, did you manage to find the 1 Hr indicator on 5M chart? I can't find it on the link you provided.Ignored
DislikedStrange market & strange news reaction . Positive US news but considerable negative reaction . Not traded long any but will trade short for sure & hugely.
Lots other factors may be working behind the scene.
Hope they all down from where it UP soon.Seeing the charts levels .
fontuIgnored
DislikedHi Karthik
I just exited my first MM trade on USD/JPY on failure at the 2/8 Pivot Level (100.78). I got 15 pips out of the trade in 10~15 mins.
I was planning to enter the trade with my micro account, but as this was the second test today (they failed earlier on) I must admit got a little greedy and enter with full lots. I t was a really easy trade. I'm surprised.
My question now is: Do MM levels work as smooth on re-tests as well? Say USD/JPY tries to re-test the level within the next 10 mins., would you watch the price action at the level...Ignored
DislikedWent short on the GJ on the 148.44 failure. Hoping for a follow through to 147.66.Ignored
Dislikedyes MM levels work on retests as well...and of course yes, if there is going to be a retest i will watch PA and enter accordingly...Ignored
DislikedThank you Karthik. I will make sure to watch the PA at the re-tests as well. Can I ask you, do you use other type of indicators when entering a trade? or do you rely solely on MM plus PA?Ignored