Dislikedhows that eur/yen doing? i dont relise how many times i trade that level (109.50)?Ignored
EURJPY is a great pair for s/r. That and GU are fantastic. It's like S/R = Laws of Physics on those pairs and they make sure to obey them.
Can you teach me Carry Trade and Swing Trade? 5 replies
Golden rule: trade the trade! 16 replies
usa trade balance cad trade balance 6 replies
Philly Fed later - trade or not to trade? 10 replies
Months to trade or not to trade Forex? 2 replies
Dislikedhows that eur/yen doing? i dont relise how many times i trade that level (109.50)?Ignored
DislikedI was planning to short GOLD too but just canceled my limit order at 1212.20. It looked compressed on the 5min but still looked bullish on the 30min.Ignored
DislikedEURJPY is a great pair for s/r. That and GU are fantastic. It's like S/R = Laws of Physics on those pairs and they make sure to obey them.Ignored
Dislikedmy week been really suck ! losing pips is no problem with me but to repeat my own mistake is really annoyed me, imagine if this become a habit to repeat over and over again, i would never be a successful trader.
anyhow thats out of my ches now... i feel better .Ignored
Dislikedmap the move out by using the priceline of 500 such as 1200.00, 1205.00, 1210.00 and so on
note takenIgnored
Disliked... One thing that is helping me is Heikin Ashi candles, helping me see trend changes and good for managing exits on stronger entries, like the example below. Back to using capital next week!
Good day for us all tomorrowIgnored
Dislikedhey frank, that's a nice looking chart! you are on to something with 5 sec i've been unsuccessful so far. 10+ pips is great.
on hindsight though, it looks like you are entering on a counter trend or on contrarian view at that moment, relying on HA. would have been better off perhaps, to wait and enter after compression+ price cutting the spine down and the confirmation after the retrace at around 12:30 to be on a safe side? just my 2 cents...Ignored
Dislikedbeware @around Frank open and also the NY open ...
the time is JST or +9 GMT.Ignored
DislikedHey mate, thanks Yeah 5 pips can be great, can be baaaad, but think I am getting there.
Yeah I know what you mean, but this 5min chart should show the overall picture better.
Also, because I am using 1 pip SL (so max risk 1.9pips) I can take 'higher risk' early entries. Reversals on HA candles give a few pips movement most of the time, so I will be at break even before most of them go against me -and ride the ones which don't!Ignored
Dislikedfrank, you WERE looking at longer tf - i did thought so. very good ride on a confirmed down trend!Ignored
Dislikedor take advantages of it - be ready for a sharp up or down, reading off MMA and get in about 3 - 5 min before with limit order... my "present" or "experimental" style of news tradeIgnored