DislikedSame as AUDUSD. Mixed directions. I wouldn't go long at this time.Ignored
Sorry about this, but can you show us how you decide the mixed directions? Is it just the RSI (3) direction? Thank you.
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DislikedSame as AUDUSD. Mixed directions. I wouldn't go long at this time.Ignored
DislikedI don't look at ratios, only logical places. For this trade, since I believe it is a countertrend trade, I am looking at 15-20 pips.Ignored
DislikedSorry about this, but can you show us how you decide the mixed directions? Is it just the RSI (3) direction? Thank you.Ignored
DislikedChart down trend, as daily. So directions are mixed. I almost never place a trend trade against weekly chart direction especially this late in the trading week.Ignored
DislikedChart down trend, as daily. So directions are mixed. I almost never place a trend trade against weekly chart direction especially this late in the trading week.Ignored
DislikedExcellent insight...someone is paying attention to a few things with their trading and keeping it simple.
Nice thread LawGirl and for the most part very few nay-sayers have shown up. It's kind of refreshing to see posting like this with a limited amount of indicators to show direction for analysis. I like your style and hope you keep it up.
As for your recent counter trend trade...very few traders go broke while taking profits. Nicely done
Pay attention people, you may learn something from this trader. The trading...Ignored
DislikedYou're very welcome.
It's also with great pleasure that I am able to be the first one to issue you a vouch.Ignored
DislikedIf short, yes. Would be a channel bounce trade. All TFs are short except H4.Ignored
DislikedAnother pretty obvious question here: When the third tap happens, price action will always be against the trend, by definition. For example, on a long trade, the trendline is drawn from low to low, and the price has to come down to hit for the third time.
It's also pretty clear from some of these examples that you will wait before jumping in, at least on some of these trades. If the price continues to march through the line, you bail on the trade. But how much does it have to move in your favor before you decide to take it? (In this regard, your...Ignored