Thanks for opening my eyes to BB's. I agree, if you ever have time it would be great if you had a Bollie thread. Thanks again.
Stochastics Settings 12 replies
bo7a method... method for GBP/JPY 205 replies
Stochastics 3 replies
Math question: equating hourly stochastics/rsi with daily 3 replies
Slow Stochastics Indicator 1 reply
DislikedHas anyone idea how to avoid this kind of trades? I thought i have here everything in my favour:
1. Reversal candle.
2. Wicks above candles,
3. Nice stoch angle,
4. Price below MA's.
Was something wrong here or it was just one of these trades that don't work.
AttachmentIgnored
Disliked1). Who's your broker? I would be watching a level II screen to judge buying and selling pressure.
Ignored
QuoteDisliked2). Trade away from the moving average.
QuoteDislikedWith that said remember... All indi's lag price, PA is the mother of all indicators. Shhhh....
DislikedHas anyone idea how to avoid this kind of trades? I thought i have here everything in my favour:
1. Reversal candle.
2. Wicks above candles,
3. Nice stoch angle,
4. Price below MA's.
Was something wrong here or it was just one of these trades that don't work.
AttachmentIgnored
DislikedThis is a tough one if you don't have a lot of time-served in reading the charts.
1. Between 0800 and 0900 GMT the low or the high of the day is often put in (esp when no big news). It is statistically significant. Go through last 20 days and check it out. (I've not done but it is normally the case)Ignored
QuoteDisliked4. Sweet Spot 1.3580 support is holding (no closes of candles below it.)
QuoteDisliked6. In situations like this a close back through the 20 sma is safer to trade short.
DislikedYou mean that in the first hour of london session price changes previous direction and go in the opposite direction making high/low? It rather not go futher in the same direction making high/low later in the day?
Sweet spot is this black line? Now when i look at my chart i don't see this support.
I took a short that was a looser. Were you thinking about long trade?Ignored
DislikedHi,
another trade on the usdjpy while I was making dinner and had my 9 year old watch the trade which didnt do squat till just in last 20 minutes, took 15 and got 2/3 out, due to the slowness of this trade, instead of taking out half, but this one wasnt taken with boly, in fact just played off of resistance that was hitmany times before and only had 2-3 drawdown, any questions just ask.
by the way dont play usdjpy much but wanted to try her today for the hell of it, sort of slow, but still main principles used to trade, either s/r or boly...Ignored