DislikedMcD like a gold !Ignored
DislikedHi FXGroup, thanks for the great info
I was hoping you could clarify a little bit how you determine the direction of the trend so as to determine WPD
DislikedCADJPY MM time ?Ignored
DislikedI have two questions for you and also others are welcome to comment:
- do you keep a diary of all your trades? (it helps me to focus on each trade)
Disliked- how did you manage in the beginning to switch to higher time frames? (to "kill" the anxiety to take more trades)
Sri for delay, I think You ment chfsgd pair.
I am using fxpro broker where this pair is available. Find more on websites or thread related to broker discussion.
Then I'm scaling down to D and seeing a BEOB off my trendline. However- is this all going on at levels you'd want to be trading at according to your system?
DislikedSomehow I think I'm trading your RM setup in DT. Should I wait til area 'A' for RM setup or 'B' for example for a DT setup- or is a break and then confirmation of one of my other lines further down more worthy of a short EUR setup?
DislikedMy platform shows prices in a somewhat different way.
I'd have got a W PB (Jan 29, 2012) + D BUOB (Feb 03, 2012) RET on the Oct 2011 RM top (not saying I'd have taken that trade, because as I posted in the past, a R W 77.43 was very close to that BUOB top).
This would lead to MM at the bottom of the Aug 2011 RM (blue rectangle to the left) then at the W R 77.43 and partial TP at RN 78.
Partial TP at RN 78 because that Oct 31, 2011 PB was strong enough to cause direct inversion.
Then MM at 78 and TP at the top of the blue rectangle RM (I usually...Ignored
Would you share your experiance with Fibo lvls. I mean general outlook and practical usfulnes with chart examples.
Thanks in advance.Ignored
DislikedThis method is as simple (not easy) as it gets: you slam a stop order, go to sleep / get out with girl friend, come back in 2-3 days and take the cash! ;-)[/b]Ignored
This is a pair with a vry nice situation, the P was in M RM, but now the buyers closed above the R level and are trying to take the level's control.
In the pair's past we see that the P get within an old M RM.
The W is in bullish trend and the D...on the chart !Ignored
DislikedI just like having the fractals on there to show the swings- I typically just define the trend as rising or falling fractals on the different TFs.
DislikedWhen do you place the stop order? Before you see a candle pattern on the daily- just on a breakout? or wait for a daily candle pattern?
DislikedCable is a good example right now- it's RET back to the R on the daily- would you put a stop under 1.5753 or 1.5725? Or wait for an engulfing or PB etc?