DislikedSorry for the late post of trade. Entry is close of previous bar at arrow. Stop loss about 8 pips. TP is 1st blue line about 16 pips. 8.30 GMT.Ignored
this should be a winner for you
Shake it off!Lick the Wound,Prey Again!
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DislikedSorry for the late post of trade. Entry is close of previous bar at arrow. Stop loss about 8 pips. TP is 1st blue line about 16 pips. 8.30 GMT.Ignored
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thanks for asking friend.....GU entry (game analysis)
refer to the attachment
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DislikedYeah.. i saw it before(your analysis) but there's another bar closed already in the chart you would enter short (next bar after engulfing(outside) bar) so you couldn't go short on close of OB... maybe you could wait for the retracement and short at level of OB closing? but SL size would be still very big(nore than 100 pips )Ignored
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If you see OB, you'll wait for retracement...O.k got it otherwise SL look big.
For the next training chart, I will zoom in a bit. It look kind of small to me....Ha!ha!ha! thx for saving my ass....Ignored
DislikedI'm not good in connecting fundamental with price level for currency I traded but I noticed AU/GU/EU and sometimes EJ has counter effect with CAD
That's mean when I long the 3 pairs, CAD will go opposite. Still learning to make head and tail...any idea where I should begin with is appreciatedIgnored
Dislikedyeah.. it has opposite correlation(CAD)... it is possible to calculate correlations betwen currencies to use it in everyday trade... somebody's using it in their trade methodsIgnored
DislikedI was eager to enter, after that I notice the consolidation but I refused to get out. MUST love small lossesIgnored
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interesting.....hit rate would be higher if I know them at least and combine with what I've learnt hereIgnored
DislikedI was eager to enter, after that I notice the consolidation but I refused to get out. MUST love small lossesIgnored
DislikedA short. No long for me when i see a such impulsive and after a such corrective. I love this kind of setup.
The red momentum is bigger. Very good setup:
-Big red impulsive move with no green bars
-The a quick and big 50% or 68% retracement(with no red bar) on the last support
-And then a wonderful PB with a big tail and a close in the range of last bar
This Pb seems to tell me: trade me, trade me!!!!
Very reliable setup, it appears not very often but when i'm seeing one i take with no hesitation.
I understand your fear bcs of the green...Ignored
DislikedWelcome Blaze on this thread.
Your entry is good, but as you seem a beginner with the method, try to take only A+ setup, and avoid the others. It's an advice, because the method needs time to be assimilate, and you risk to have loss and again loss if you take agressive entry.....
very good pipsIgnored