DislikedDon't give it up yet. Right now it's just a spike through. It immediately turned below the resistance level again. But let's see...Ignored
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DislikedDon't give it up yet. Right now it's just a spike through. It immediately turned below the resistance level again. But let's see...Ignored
Dislikedokay, now it really looks like it won't hold, yeah, I agree, there is a good resistance level just above it.Ignored
DislikedHi Custos ,
May I ask you these questions :-
1 by placing stop loss , I experience so many times the market hit my SL , how can I avoid this ?
2 What is you stratergy ?Ignored
DislikedHi Custos ,
May I ask you these questions :-
1 by placing stop loss , I experience so many times the market hit my SL , how can I avoid this ?
2 What is you stratergy ?Ignored
DislikedHello everybody.
Already follow this forum for a long time, but this is my first post.
Just to share the following thoughts:
If USDCAD H4 pass below the 1.02850 level, I think it might be a good opportunity to be short.
Regards
JackkIgnored
DislikedJapanese economy posted some strength lately and the USD appears to be weakening against the JPY in descending triangle formation resting on a daily support. Weekly S/R is red, Monthly is blue.
Overall weekly trend has been down. For the last few weeks it has been in a sideways range with no clear trend. This week bar is forming a Doji (Indecision) prior week's bar clearly shows bears were in control as price closed more than half way down the bar.
Review of the H4 bars within the triangle indicates that price is retreating. There have been a...Ignored
DislikedThis one appear to be a short sell candidate at the specified level. I'll appreciate input on the limit order and SL placement. SL is about 90 pips away above the swing high.
I placed the limit sell order on the one level above the most immediate one as the current one is too near. The next level is quite clearly visible on the daily as well.
Custos ...whats your take on this one.
Thanks in advance.Ignored
Dislikedhi Ibz,
ad 1: haha, avoid getting your stoploss hit? Haha, you can either use no stoploss or a really wide stop loss then it will almost never get hit.
No seriously, maybe your stop loss is too tight for the strategy you employ or the strategy you use has not a very high hit rate. Either way: getting your stoploss hit is not necessarily a bad thing.
If your strategy shoots for a high R:R, then stop loss hits are a necessity to keep losses small and then pay with one or two winners all your losers and go into profit.
If your strategy shoots for...Ignored
Dislikedsince nobody else is posting setups today, I thought I post some range trading setups I made today on the eur/aud h1. Kept me quite busy....Ignored
Dislikedsince nobody else is posting setups today, I thought I post some range trading setups I made today on the eur/aud h1. Kept me quite busy....Ignored
Dislikedsince nobody else is posting setups today, I thought I post some range trading setups I made today on the eur/aud h1. Kept me quite busy....Ignored