DislikedFirst Target Reched.
Moved Stop to +2
looking for second target.
Cheers..Ignored
Thank You.
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DislikedFirst Target Reched.
Moved Stop to +2
looking for second target.
Cheers..Ignored
DislikedSo, strong bearish follow thru off yesterday's inverted hammer candle on the Daily despite best eforts of the bulls...@/about the current daily lo the 76.4% of 5800-6000 with 38.2% of 5601-6000
below the current lo:
5829 85.4% 5800-6000
5823 76.4% 5769-6000
5819 23.6% 5234-60000
5817 50% 5634-60000
5810-5800- (5797) prev 4hr/1hr sw lo zone inc 5809 2 x fibs, and 5802-01 2 x fibs incl 50% 5601-60000
5789-81 prev 1hr sw lo zone incl 5783 = Weekly S1@/around
5780-69 prev minor Dly/4hr/1hr sw lo zone incl 5774 61.8% 5634-60000
5764-65 2 x...Ignored
DislikedHello bbmac, I always wondered about u....Did u wrote does data above manually or did u use special software for it?
u always wrote such a detailed reports (above), that is why I'm wondering,,,heheheheIgnored
DislikedI always represent the 'main' and 'minor' potential support/resistance factors on charts but also note them down manually - ie I like to know what is a few hundred pips above and below the prevailing price level and what the confluences of those things are so that I can trade at the highest probability places in respect of imbalances of supply over demand or demand over supply should a set-up develop. This applies to with and contra trend moves, ie former support may becomes future resistance on a pullback and vice versa
It gives me something...Ignored
Dislikedi see that you are basing your decision based on your indi.. that's is why you long when 4h candle forming such a bearish candles... imho, as long as you are basing your decision based on indi rather than PA, you will find this business very unforgiving.. from my experience, there's no buy low and sell high, as long it's in downtrend, just keep on selling (and vice versa), never put value to the price..
Use indicator just as gauge to the price, don't make them as your decision making tools.. imho.Ignored
DislikedHi there thanks for the advice
I always used what I am using now and always been on profit.
Only diff now is that I use as well some fundies for the entries and some levels of buy sell and SL provided by some banks.
till last year I had more than 1100 consecutive winning trades using what I use so no need to change anything so far.only thing that I changed now is the MM as I use heavier lots and cannot afford to stay trapped for long periods of time.
PA never used as I have no idea how to use it
I just look at the charts and if they...Ignored
Dislikedok here it is what I was talking about
I will post 3 charts on USD CHF on 3 tfs (H4,H1 and M30)
first one the H4 which circles the short entry areas acc to R that are double checked.
second chart the H1 one shows the long entry I had yesterday aiming for the targets written on charts and fibo levels as well so triple confirmation of the TP's
third chart shows me the retrace of the up move that is about to form and how the indies will look while it develops.simple and clean
On M30 I target a short entry @ 0.9105 area as I have a...Ignored
Dislikedwell i still see potential but remember im in a long term trade so this movement to me means nothing..i personally think its a trap..1.60 was always going to bring in short orders
will usd break a major trendline..i doubt it!!!
the pin on dailly played out great but as far as im concerned it reached it limits
i still see 1.65Ignored
DislikedYour correct there, but I feel like yesterday's false break (which also closed as a bearish candle) of the previous HH shows that for a while today bears may be in control. It will be interesting to see how it plays out. As of right now, my entry was 1.5960, with my stop right above 1.6006. Everything is still intact, as I've got good money management, so I'm planning on letting the pair do whatever it's going to do, and just trade what I see in my setup.Ignored
Disliked...nope
let's compare the charts on M15 now
old chart posted 1 h ago and the new one with the evolution of the price
well....It was ploted in the first one what was going to happen wasn't it ?
same story on USD CHF
EUR USD
and EUR GBP
on USD CHF already have 24 pips profit
EUR USD closed the short and now I wait to enter lower for long
EUR GBP on BE now..still as it needs more time to develop but we'll get there
on GU I have 11 pips + on it and waiting to cover some @ the mentioned levels in the charts
good luck allIgnored
Dislikedok i was feeling a bit alone :-)
anyway i'm in small size until things will be bit clear.
and yes was mentioned also in the morning and since yesterday, once lost the 5900 5895, below good area to go long could have been here pip more pip less, at least to get again near 5900. or more, who knows, market is crazy this week and today IMO was nothing. worst things will happen tomorrow and friday! must not forget it's still possible to visit lower levels 5800 etc...
good job with your ichy!
missed those charts here in these months!!Ignored
Dislikedyur right one thing i know..pound is knocking on the door we could have very easily been towards 1.5 right now..Ignored
Dislikedok i was feeling a bit alone :-)
anyway i'm in small size until things will be bit clear.
and yes was mentioned also in the morning and since yesterday, once lost the 5900 5895, below good area to go long could have been here pip more pip less, at least to get again near 5900. or more, who knows, market is crazy this week and today IMO was nothing. worst things will happen tomorrow and friday! must not forget it's still possible to visit lower levels 5800 etc...
good job with your ichy!
missed those charts here in these months!!Ignored