NOT a good sign at all...but for me, nowadays i hardly pay any attention to the news...i trade what i see off the 8-hr TF and it seems to be working for me but thanks for the heads up....cheers...........
NOT a good sign at all...but for me, nowadays i hardly pay any attention to the news...i trade what i see off the 8-hr TF and it seems to be working for me but thanks for the heads up....cheers...........
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Yeah, this is more of a "big picture" thing. I believe that someday the Chinese Real Estate bubble will pop, and when it does - there goes the world's engine for growth.....at least at the moment.
Remember guys, tomorrow is NFP - you should be reading articles, looking at charts, studying exits/entries, or better yet getting outside to enjoy your day.
The day before isn't the greatest time to be in the market.
Beautiful hammer yesterday Guys.
Technically, it was a doji, but it had everything going for it.
I was pissed off with BE trades so i TP'ed as it retraced down to 1.6290 for 0.75% profit.
It might break north but even if it does (which will probably be next Wednesday anyway), there'll be another entry then along the way
Beautiful hammer yesterday Guys.
Technically, it was a doji, but it had everything going for it.
I was pissed off with BE trades so i TP'ed as it retraced down to 1.6290 for 0.75% profit.
It might break north but even if it does (which will probably be next Wednesday anyway), there'll be another entry then along the way
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In the "fog of war" that is post NFP announcements, that's not a bad idea, take your profit and let the dust settle.....
In the "fog of war" that is post NFP announcements, that's not a bad idea, take your profit and let the dust settle.....
Ignored
My long on the USDJPY never got triggered. I watched the charts as NFP rolled out, and the USDJPY just tanked, almost down to 85. I canceled all order and wanted to stay out of the mess.
My long on the USDJPY never got triggered. I watched the charts as NFP rolled out, and the USDJPY just tanked, almost down to 85. I canceled all order and wanted to stay out of the mess.
My logic is that we have seen a test through the 1.02-1.03 level, a retrace and now we look like getting a weekly pin bar back up to the 1.03 level.
I will be placing a buy order just above the 1.03 level assuming this weekly candle closes out how it looks at present with SL below 1.01. Targeting 1.07-1.08 are.
My logic is that we have seen a test through the 1.02-1.03 level, a retrace and now we look like getting a weekly pin bar back up to the 1.03 level.
I will be placing a buy order just above the 1.03 level assuming this weekly candle closes out how it looks at present with SL below 1.01. Targeting 1.07-1.08 are.
Yes Oanda has odd TFs, but an MT4 feed from fxpro is great for charting.
UsdCad had a hammer on thursday the same with anything XXXCad. The other cad's were in a better place for me. Gbpcad being the best.
Usdjpy - Still bearish for me, until it breaks and stay above 86.30
Edit - Pins as J16 taught them just werent profitable for me. Too many times i was hurt trying to catch a falling knife, which usdjpy resembles to me. A pin on a retrace can be very profitable however
Yes Oanda has odd TFs, but an MT4 feed from fxpro is great for charting.
UsdCad had a hammer on thursday the same with anything XXXCad. The other cad's were in a better place for me. Gbpcad being the best.
Usdjpy - Still bearish for me, until it breaks and stay above 86.30
Edit - Pins as J16 taught them just werent profitable for me. Too many times i was hurt trying to catch a falling knife, which usdjpy resembles to me. A pin on a retrace can be very profitable however
Ignored
I have to say that if you trade pinbars on the weekly time frame, or even at weekly S/R, you tend to have more success.....but - you are 500% correct about pinbars on retraces. That is one of the greatest ways to trade in my opinion.
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Joined Apr 2010
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Status: The Admirable Cretin
|404 Posts
I have noticed on the Ava Fx live feed that some pairs such as UsdSgd don't have as much history as the Alpari feed. Why is that and is there anything I can do about it? I tried to download history from Metaquotes in the history centre but nothing happened.
Also, does anyone know of a website or software that I can use to scan stocks every morning that will alert me to gaps?
Position trader - Anything intraweek is just noise...
