- #9,922
- Jan 3, 2011 9:12pm Jan 3, 2011 9:12pm
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
- #9,923
- Jan 3, 2011 9:40pm Jan 3, 2011 9:40pm
- Joined Nov 2008 | Status: living deliberately | 11,122 Posts
Trading correlation pairs by using the other pairs 843 replies
28 Pairs Trading Panel (Multi-pairs) 0 replies
Export All pairs or selected pairs to .csv with script 3 replies
Daily Bar Analysis - All Pairs/All Welcome 15 replies
Trend Trading All Currency Pairs 3 replies
DislikedHappy New yearrrrrrrrrrrrr!!!!!!!!!!!!!!....
Guys,
This is a setup that might work out.... head and shoulder setup with a pin bar formation.
Whats up opinioun guys?......
ThanksIgnored
DislikedCustos, you gotta check out that kind of statistics, on say at least 4H, I would not call it it head and tails or shouldersbut when price makes lower low, then try to take it out but fails and heads higher it might be some kind of significant retracement even on higher time frame trend. almost all big moves start like this, just check E/U and G/U before they had their last run up.
Ignored
Dislikedyeah, have to see how I can program that into something. Otherwise I might have to do that manually.Ignored
Dislikedyou can check visually how many pairs have made similar move now . failing to take out low/ high and heading another direction now., It can definitely start retracement that can be trend in itself for months.
I am sitting tight so far.Ignored
DislikedProblem with doing it visually is that you are not seeing the ones that failed to establish a new trend. So that stats might not have meaning.Ignored
Dislikedexactly, this is why I am sitting tightI am waiting for contra trend momentum exhausting itself , reaching some S/R areas and fib retracements, then some set ups forming and then I will see.
but in truth this thing happens often I would only add that it might be exploited along big trend as it happens in all directions it's just that along the trend I guess it must be more reliable.Ignored
Dislikedexactly, this is why I am sitting tightI am waiting for contra trend momentum exhausting itself , reaching some S/R areas and fib retracements, then some set ups forming and then I will see.
but in truth this thing happens often I would only add that it might be exploited along big trend as it happens in all directions it's just that along the trend I guess it must be more reliable.Ignored
Dislikedthing is, as long as I don't know the accurate expectancy, I am not trading a pattern. So, maybe in a few months I got some stats on such patterns. But right now I am happy with my little systems I got tested out with positive expectancy.Ignored
Dislikedexactly, again, this is why I am sitting tight cause I am not sure what to do with all these moves. I see no familiar set ups that worked reliably for me in the past. I think that it is unnecessary to trade all the time. few well placed trades can make a good month.Ignored
Dislikedwow, today there are some really nice moves again. eur/gbp going back down and gbp/jpy shooting up like hell.Ignored