LG maybe is a stupid question but by trading day , you mean for example London opening 0800(gmt 0) and first four candles from that opening?
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No.. the first 4 candles according to your broker's platform. For example, I am in the second hour (candle) of the new trading day on my platform FXDD. See chart
Great job with this pair. Pending orders are a good way to go sometimes, don't be afraid of them.
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Thank you. EURAUD order wasn't hit, looks like this area is pretty tough to break through. I think when (if?) we do break through it we may have a nice move upward on our hands.
Completely outside means high and low of candle is completely outside of S/R band on m15?
Is it possible to backtest this system properly? Using the D1 candle, the RSI direction can change on the latest candle. Do you use the RSI direction from the day before?
Completely outside means high and low of candle is completely outside of S/R band on m15?
Is it possible to backtest this system properly? Using the D1 candle, the RSI direction can change on the latest candle. Do you use the RSI direction from the day before?
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I think some people are taking this method (LG's BO and 3 tap) way to literally.. breakouts are very discretionary. What you see as a breakout, others may not and vise versa (even IF you are all waiting for the SAME ''signals'' to take the trade).
sorry but people are making it way to complicated for themselves. This is why LG said the way she trades isn't for beginners in this market, as there is always a level of discretion one will need, even if they follow everything she says to the tee
edit: by the way Cencored, where abouts in Australia are you? =)
I think some people are taking this method (LG's BO and 3 tap) way to literally.. breakouts are very discretionary. What you see as a breakout, others may not and vise versa (even IF you are all waiting for the SAME ''signals'' to take the trade).
sorry but people are making it way to complicated for themselves. This is why LG said the way she trades isn't for beginners in this market, as there is always a level of discretion one will need, even if they follow everything she says to the tee
edit: by the way Cencored, where abouts in Australia...
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Thanks P23. I don't think I can explain it more clearly than I have, plus the charts are fairly self-explanatory.
Completely outside means high and low of candle is completely outside of S/R band on m15?
Is it possible to backtest this system properly? Using the D1 candle, the RSI direction can change on the latest candle. Do you use the RSI direction from the day before?
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Sorry CC, but I don't think I can explain it any differently to help you understand. You have gotten way off base here.
I think some people are taking this method (LG's BO and 3 tap) way to literally.. breakouts are very discretionary. What you see as a breakout, others may not and vise versa (even IF you are all waiting for the SAME ''signals'' to take the trade).
sorry but people are making it way to complicated for themselves. This is why LG said the way she trades isn't for beginners in this market, as there is always a level of discretion one will need, even if they follow everything she says to the tee
edit: by the way Cencored, where abouts in Australia...
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Been trading forex for over 4 years, mate... but always learning new tricks - as with every art form. And trading is exactly that. I live in Sydney, and you?
I'm trading a variation of LG's system which has proven valuable to me in the past. If you have heard of Vegas Tunnels, that's what I added as targets and it works a treat.
Been trading forex for over 4 years, mate... but always learning new tricks - as with every art form. And trading is exactly that. I live in Sydney, and you?
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Sorry, I wasn't implying that you were new... that post was mostly generalized..
I'm on the gold coast, been havin some pretty shitty weather lately! We've got some sunshine today but the rain is supposed to start again tomorrow and the weekend =( how is it over there?
Yup i've heard of vegas tunnels, haven't looked into it much though. Glad it works for you! =)
Sorry CC, but I don't think I can explain it any differently to help you understand. You have gotten way off base here.
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I am not sure where I got off base LG? I would appreciate your thoughts here - I have done BO trading for a long time, but I never changed to a smaller TF for entries.
Anyway, this is probably going off topic, so lets get back to trading!
Everyone is very grateful for your efforts here LG!
I am not sure where I got off base LG? I would appreciate your thoughts here - I have done BO trading for a long time, but I never changed to a smaller TF for entries.
Anyway, this is probably going off topic, so lets get back to trading!
Everyone is very grateful for your efforts here LG!
Great 3 tap trade. All longer TFs are long, including monthly. By this point in the trading week, the weekly trend is set, barring some unforeseen event.
AUDJPY in ranging mode. Keeping an eye out to short for a few pips.
EURAUD long at green line (screenshots attached). Had a spike downward after I entered (i guess it was from the news release) but now in the money. Hopefully this puppy reaches resistance again
Trade What You See - Almost Naked Trading
me !
