Thinking about it: eur/usd is a bit under pressure and gbp/yen doing nothing. I wonder if that cable demand isn't the result of some huge institutional orders in eur/gbp are going thru the market......almost must be the case.
Auslanco 15min GBP/JPY startegy 630 replies
Auslanco-GBP/JPY Strength Indicator strategy 344 replies
My MT4 indicators for Auslanco's strategy 92 replies
Questions About Auslanco's Trades 72 replies
Dislikednot last 2 weeks ... something wrong may take month off...Ignored
Disliked...I just came off a 4 month active trading kick. I guess I just needed something different, but I am primarily a swing / trend trader. So I've gone back to doing what I know how to do best. I'm a pretty simple trader. I use only a 5,13,1 MACD and a 10 period EMA for entries and a modified IWCR indicator for targets. I'll exit at a close below the 10 period EMA (for longs) and vice versa for shorts though. ...Ignored
DislikedI really admire swing traders like Big Bruv, Quecee and Rgitt, I personally have found that when I attempt to predict a general direction , based on say the daily or weekly chart, I get seriously married to the idea that the direction is, say , short.
I end up either getting badly burned or missing an excellent trade setup because I was convinced of the direction. This week started with a shooting star,based on this, it would have been a good call to be looking for shorts, but look what has happened so far...
I have finally figured...Ignored
DislikedHI and H2 chart trade
Lead indicator CC1 20 and S/ R LEVELS
4 days tradeIgnored