maybe slightly premature, but as all RSi arrows pointing down , took a MT short on USDJPY....lets see
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Dislikedmaybe slightly premature, but as all RSi arrows pointing down , took a MT short on USDJPY....lets seeIgnored
DislikedI really cant understand the money tree method. We open our trade at the beginning of the new candle everyday if 4 HR and D1 confirms. And then put our stop loss to 30 pips. Almost every pair comes 30 pips back even if continues after. Please someone help me.Thank you.Ignored
DislikedYour new daily candle starts already? I still have another 4 and a half to 5 hours before I enter any MY trades.
(That's 2 and a half for new candle and then ~2 for daily direction to be established.)Ignored
DislikedHi everybody. Does anyone has any answer to my question? Thank you.Ignored
DislikedI would start thinking about a new trading day like the rest of the financial market sees it. Check out when the first markets open (New Zealand/Australia/Japan) and when the last markets close (New York or maybe west coast US) and then use that daily cycle to determine when you should be looking to get into a big move.
Hint: My research and availability have lead me to trade from now until around when London session opens.
On the other hand, LG takes these trades almost 24 hours/day.Ignored
DislikedDoesn't MT rules specifically say to take the trade within the first few hours of the NEW daily candle, to capture as much of the day as possible?Ignored
Disliked8 total MT trades tonight. Let's hope at a minimum one or two can take off.Ignored