Good morning warriors,
What do you think of the AUD/USD M15 chart? Do you think it is too late to go long based on it?
Thanks.
What do you think of the AUD/USD M15 chart? Do you think it is too late to go long based on it?
Thanks.
4% A Day Forever 1,432 replies
an EA that worked forever 29 replies
Forever Demo Account 9 replies
DislikedGood morning warriors,
What do you think of the AUD/USD M15 chart? Do you think it is too late to go long based on it?
Thanks.Ignored
DislikedVic , 4x , would u guys enter on a cross , or rather wait for a bounce from kijun ? Any feedback is highly appreciated !Ignored
DislikedHi 4xAddict,
So we find TS a good measure of resistance when waiting for a retrace to end? And Reverse for shorts of course.Ignored
DislikedHey 4XAddict
Been out and just got back in, I see everyone has been very helpful regarding my GBPUSD loss today....thank you appreciated.
Ill read up in the morning and maybe ask a few questions. One thing I did note was that you used the EURUSD as an example of what a good entry should look like and wondered if you could comment directly off the chart I submitted of my failed trade and illustrate what was wrong with that set up please.
I do understand money management an that stop loss size is irrelevant whether its 10 pips or 110 pips,...Ignored
DislikedHi FxS,
This is correct and is applicable only for entry signals on the lower TF's.
This provides us with confirmation that the trend is continuing in the short term and will not cause us extra draw down.
Even if price breaks TS and then bounces off KS or even the kumo, as long as the TS and KS have not crossed the wrong way, the next candle to break the TS is an entry signal.
Does that make sense?
Cheers.Ignored
DislikedHello Traders,
Please take a look at my Daily review...
I have tried to show you what I am waiting for...
Which will hopefully help add to the other explanations recently posted by 4xAddict...
As I post this price action is falling below the 1 hour Ks and the 30min. Kumo...
I will be looking for a good signal on the 5 min..
Remember to wait for a pullback, do not just jump in because price in moving....Ignored
DislikedHi SM,
One TS/KS cross below the kumo for a sell (or above for a buy) is all that we need. We just wait for the price action to come back and test the TS when possible to reduce any drawdown and reconfirm that the sentiment in the market that caused the cross is still there.
have I explained that clearly?
Cheers?Ignored