Dislikedalso, here is indi to check the values of RSI - could be set up as 50 level breakout or slope direction (50LevelBreakout == false)Ignored
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Dislikedalso, here is indi to check the values of RSI - could be set up as 50 level breakout or slope direction (50LevelBreakout == false)Ignored
Dislikedyes
if true, color agreement would be possible only if current values are above/below 50 level no matter what the angle of rsi curve isIgnored
DislikedForgive me if this is slightly off topic as it's a question on fundamentals, but with the BoJ actively trying to devalue their currency, would it be prudent to avoid short trade set ups on JPY pairs, esp during Asian sessions? Would you ever something like this into when you're trading LG?
On the the other hand, there are strong down trends on most JPY pairs despite the intervention we saw a couple weeks ago so the market seems to be pretty bullish on the yen.Ignored
Dislikedto LG, have been lurking here for a while - took the plunge with a short on USDCHF last night, banked a sweet 40 pips - will continue to look and learn
Keep up the good workIgnored
DislikedEU currently +105 pips. Position was entered with a 10pip stop so I am happy with this trade. I think I will move SL to + and see how this pair develops today.
Screenshot attached, Red lines are weekly channel, Blue daily channel and Green H4 channel. Will we see price reach the lower daily, or perhaps towards the lower weekly sometime soon? This is where trade management comes into play to try and maximize profit (patience).
edit: sorry the screenshot is shitty quality for some reason..Ignored