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Next one could be around 0.7500 (see H4 chart, end of march 2011).
What do you think?
M30-M15 Horizontal Line Indi 9 replies
EMA & RSI Intraday M15 system 40 replies
Standard Pivots and Fibonnaci Pivots? 9 replies
Pulse M5, M15, M30,H1+ 9 replies
Need a Good Strategy to work with M5, M15, M30 or else H1 5 replies
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DislikedWhile I can see the logic behind it (#4 being the first test/touch ) I'm still wondering what makes you think 5 is a reall risky one. Previous test, (from#4) deffinetly show that there is a clear strength rejection from that supply area / no signs of supply draining out from that level.
A fast approach of #5 only makes me think it will departure fast from that level as well, with a bunch of long traders trapped.
I would consider it risky when price is consolidating some more around that supply area first. But that's my way of working here.....Ignored
DislikedThanks for the answer! I had little time to read this weeken. I'm at page 40 now and will continuing reading in the evenings...until now it's really interesting to see how the system developed. I already learnt a lot.
Me too I just took the GBPCAD trade now. 4h chart looks pretty good in my opinion.
SL: 1,6420; TP1:1,5935; TP2:1,5800; TP3: 1,5600 - what a r:r ratio!
Nevertheless I'll move SL to BE as soon as possible as I still see a resistence at 1,62400...Ignored
DislikedI'm sorry for the polemic we had last night, I think I was nervous about the trade an my ego overreacted as I didn't have anyone to blame for the bad decision I made but myself.Ignored
Dislikednope... 3.10 national holiday in Germany :]
called ''Day of the German force''Ignored
Dislikedthe gbp/cad trade is up +70, setting sl to b/e @ +120. what profit target do you guys have in mind?Ignored
Dislikedthe gbp/cad trade is up +70, setting sl to b/e @ +120. what profit target do you guys have in mind?Ignored
DislikedAwesome Guys!
Thanks for adverting such amazing opportunity
I am taking a nice ride down on GBP/CAD 100 Pips in the pocket $$$
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