Here was the real entry on fiber. Break of trendline with news. Retest, 5 min pin bar and down we go

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DislikedHere was the real entry on fiber. Break of trendline with news. Retest, 5 min pin bar and down we goIgnored
DislikedHere was the real entry on fiber. Break of trendline with news. Retest, 5 min pin bar and down we goIgnored
DislikedLooks like now probabaly a good thing I missed it as quickly as it whipped back...Ignored
DislikedI am already out at 1.3926. risk reward: 1 vs 2. I am done for friday. That is good enough for me for today.Ignored
Dislikedgood trade, yeah, trading off pinbars, definitely works out very well too!Ignored
DislikedNicely done
Yep, they're pretty much the staple of my armoury. Plus Bearish and Bullish Outside Bars (BEOBs, BUOBs)
Best,
ChrisIgnored
DislikedI am guessing you are pushing for the ADR on this? or close to it around 1.3910?Ignored
QuoteDislikedInteresting...you use the word "armoury"...thinking in defensive rather than offensive terms, are we? I like that.
DislikedNo, I'm all out at the same level as yourself. Pushing to the lows was enough for a Friday like you say.
Absolutely! Trading is all about protecting your equity and minimising your losses. The key is identifying areas where price is highly likely to react, but I have to get confirming price action before I'll pull the trigger.Ignored
DislikedI like the pin bars but I am not overly confident in them especially in the smaller TF, but I halfed this out at 30 pips and moved SL to +10 so if we hit the 3900 +/- a few pips I am out for the day.
--NMIgnored
DislikedI like the pin bars but I am not overly confident in them especially in the smaller TF, but I halfed this out at 30 pips and moved SL to +10 so if we hit the 3900 +/- a few pips I am out for the day.
--NMIgnored
DislikedHi all,
This question is aimed NightMoves or anyone who has bought ans uses hectors indicators.
I have been monitoring hectors 3sma filter indicator on my charts but I often see a perfect trend with all 3 sma's in line price above/below the 30 ect ect yet the dashboard nor the indicator on the chart signals it as a good trending opportunity.
For example the usdcad 4H chart right now is in a nice up trend with a triple top (waiting for a breakout) yet the indicators are grey meaning no trend.
If i was to only use the dashboard i would have missed...Ignored
DislikedFEBRUARY BEGINS, ladies and gentlemen.
Another week, another month.
May the pips be with us!Ignored
DislikedHi all,
This question is aimed NightMoves or anyone who has bought ans uses hectors indicators.
I have been monitoring hectors 3sma filter indicator on my charts but I often see a perfect trend with all 3 sma's in line price above/below the 30 ect ect yet the dashboard nor the indicator on the chart signals it as a good trending opportunity.
For example the usdcad 4H chart right now is in a nice up trend with a triple top (waiting for a breakout) yet the indicators are grey meaning no trend.
If i was to only use the dashboard i would have missed...Ignored
DislikedIt could also have something to do with the MT4 you are using. I think Hector uses MIG and I use MB Trading. With MB's version of MT4 some of the indicators do not work correctly. The round numbers indicator is all messed up and the dashboard does not work at all. Right now the dashboard is telling me the EUR/USD is in an uptrend on the 1H and 4H. It must be the way the code is written or something. I sure it works fine on MIG but on MB it needs tweaking.
It is better just to scan the charts. That way you won't miss something.Ignored
DislikedInsightful post on EURCHF here: http://www.forexfactory.com/showpost...ostcount=53470
A reminder that we all need to bear the longer term charts in mind before we take a trade.
Here's to a profitable month to us all.Ignored