SL hit .. damn that was a bad spike
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DislikedHi PP, could you clarify this please?
Am I right in assuming that this trade would not be taken since the 15M and 1H MA's are in long mode?
If the 15M and 1H MA's were confirming a short, which fractal (1 or 2) would you use to initate a trade at 3?
Cheers,
Pete
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DislikedSL hit!
I wish there was an EA where I could scale-out, like set initial SL at -15 pips, then close 0.1 lot at +15pips...bring the remaining lots to breakeven +1 pips...close another lots at +15 pips, then trail-stop the last trade at +15pips...is there any EA like that?Ignored
DislikedWill Japanese traders try to reverse the move in NY, or will they try to follow the lead of Ny and push the prices in the same direction we saw in NY?Ignored
DislikedObiously our EMAs are lined up LONG on the eurjpy and gbpjpy, which is what I would look at trading during Tokyo. Note that these two pairs have been stuk in a tight ranging channel of about 30 pips since the big rally at 8:30 ... this tight 30-pip range is bound to be broken out of, and I am guessing it will happen as soon as asian traders start piling money into the market again.
If you can be in front of your screen jus tbefore Asian open and shortly after, you might get a chance to bank some pips hereIgnored