DislikedIf you know what you are doing pips can be made each moment of the day....
Tot ziens........hasta mañana........till tomorrowIgnored
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MT4: how to change "EURUSD" to "#EURUSD"? 3 replies
Re: EurUsd short term 15 replies
did oanda just drop its spread for eurusd to 1 pip? 11 replies
EA for multiple lot limit order for EURUSD 0 replies
NFP nice bump up on EURUSD 2 replies
DislikedIf you know what you are doing pips can be made each moment of the day....
Tot ziens........hasta mañana........till tomorrowIgnored
DislikedThe overshoot may get us there, 3672 was just a lot more prominent as a first stop. I gotta be honest though, I rarely look at MP's when it comes to yooro, I will research them a bit.Ignored
Dislikedmay i correct myself .
This does not seem like it is being bought on all dips. It is being bought.
I use vsa ... the pros cannot hide their footprint in the charts
for now I would get rid of your bear bias. If 1.3720 gets taken out next week then strong chance this thing goes and tests supply at 3950 to 1.4
btw most systems fail ... that is why an ea makes some cash for a period then blows up the account in short order. The market is dynamic
Most successful traders use naked charts... look at Redwords... and others.Ignored
DislikedEverybody knows there is no gap but you miss the point. Price action during weekends is usually done on very low volume between certain institutions especially banks. When a gap is seen on the charts for the rest of us retail traders, it feeds into the "path of least resistance" mentality. A return to the close of the market price level is necessary to determine whether continuation in the direction of the "gap" is the true intent of the market makers with higher volume. That is why most often if you pay attention...pa on Sundays is within the...Ignored
DislikedOk so the gap is closeand price is sitting at the 78.6 fib with bullish hidden divergence. Being that NO ONE knows where price will go, a person could do one of two things at this point...
1) Buy here with a stop just below the current low (I call this a test trade) or 2) wait for an m15 close and a close below the 78.6 would probably mean more downside action. But the bullish hidden divergence may support an upmove.Ignored
DislikedIf you know what you are doing pips can be made each moment of the day.
Just ask the other traders that are in this a couple of years.
Trade what you read in your charts....and if you don't see it, maybe go back to the www.babypips.com courses..........or consider choosing another profession.
In the THV thread I posted once:
a good help in overcoming your emotional difficulties with trading is finding yourself e mentor or a trading partner.
TRUST ME: it works.
Putting on...Ignored
DislikedHere is my view for next action( support, resistance areas)... Could put some fibs on...
AttachmentIgnored
Dislikedyup, I have 672 as the dp for the ny rollover. the 640 just so happens to be on the monthlies & one of my mids.
the wp is big on the yoorow from what I gather. have a look & see what you thinkIgnored
Dislikedthanks for the good insight psi....
a lot of newer traders actually believe there are real gaps in the market, i was trying to rid that notion....You explained it a little better thoughIgnored
DislikedOk so the gap is closeand price is sitting at the 78.6 fib with bullish hidden divergence. Being that NO ONE knows where price will go, a person could do one of two things at this point...
1) Buy here with a stop just below the current low (I call this a test trade) or 2) wait for an m15 close and a close below the 78.6 would probably mean more downside action. But the bullish hidden divergence may support an upmove.Ignored