So according to this.
Bias is forming 2 hours before London to London Opens.
Hopes this is correct.
Can you teach me Carry Trade and Swing Trade? 5 replies
Golden rule: trade the trade! 16 replies
usa trade balance cad trade balance 6 replies
Philly Fed later - trade or not to trade? 10 replies
Months to trade or not to trade Forex? 2 replies
DislikedHi Kuma
I've been giving your EA a run and had a short trade opened 22 mins (27 June) after London open @ price of 1.2491 (SL 1.2493 shown in comments). All this looked correct to me, but I'm no expert. However, the price went against the trade and should have been stopped out, but wasn't and is still open.
Cheers
PaulIgnored
DislikedDoes anybody know....is there any time limit for opening trades?
thanks, jdvaIgnored
DislikedDoes anybody know....is there any time limit for opening trades?
thanks, jdvaIgnored
Dislikedshort signal @09:57 GMT
I personally wouldn't take that short because we are due for a pullbackIgnored
Dislikedwill wait for a clear price rejection with distinct double or triple top. i may have to wait longer, or may not be able to trade at all. but i would like to cut down any probability of losing $Ignored
Dislikedwill wait for a clear price rejection with distinct double or triple top. i may have to wait longer, or may not be able to trade at all. but i would like to cut down any probability of losing $Ignored
DislikedI'll be looking at the M1 200 SMA
At the low of the day we were about 90 pips below the ma and that's pretty much for M1. If price is rejected at 200 I'll be looking for a short with stoch and macdIgnored
Dislikedthere's a kiss in SMA200 in M1, and there was a recent triple top rejection of S1. plus the PA has already run beyond 70pips so its likely to continue the downtrend testing the recent low
i think the SL is too tight but i sure do hope its enough. the TP is 1.24003, a few pips below current low. it may be prudent to liquidate 1 pip above recent low coz ATR has been exhausted by 4 pips above recent low. we shall see..Ignored
Dislikedi keep SMA200 in the hindsight but never really incorporate in decision making.
the triple tops themselves were strong conviction. when PA breached it, i suspected positioning. so i hypothetically sold on the next sell signal (first vertical line)
technically, i had a delayed entry (2nd vertical line) which was1.2 pips behind original price. i needed an additional confirmation that PA will not break recent high (the way it breached S1, single candle bar). bearing in mind that there was a signal prior to this, i entered and now exited at approx...Ignored
DislikedOk, for me today 3 trades and 3 winners, but also i filter with stoch 11.3.3 from M5
for me it works so better.Ignored