Dislikedto make clear: if rejection of a pivot line and all genesis is ok too then its ok to go against the trend?Ignored
although it's always safer if you look for some kind of retest for strenght/weakness before opening the trade
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Dislikedto make clear: if rejection of a pivot line and all genesis is ok too then its ok to go against the trend?Ignored
Dislikedi like candles too! well over 100 pips, genesis signal before the news. hope you managed to got some too! for a while back there, i thought i was gonna give back pips to Mr Market. but when they all gave a short signal..............
yeah, full-fledged hermit right here!Ignored
Dislikedto make clear: if rejection of a pivot line and all genesis is ok too then its ok to go against the trend?Ignored
DislikedEJ and EU were both rejections off R1......and Genesis, 5 and 15 stoch agreed, Yellow EMA agreed, candle opened clear of EMA on both pairs....arrow appeared at or shortly after entry.........short was good and stopped at Daily Pivot.....to the pip. I took both trades.Ignored
Dislikedyes.
although it's always safer if you look for some kind of retest for strenght/weakness before opening the tradeIgnored
DislikedEJ and EU were both rejections off R1......and Genesis, 5 and 15 stoch agreed, Yellow EMA agreed, candle opened clear of EMA on both pairs....arrow appeared at or shortly after entry.........short was good and stopped at Daily Pivot.....to the pip. I took both trades.Ignored
DislikedRJ,
I have some little question.
Regarding the short on eu, I can't see the genesis coloured at the moment of the entry, this probably depend by the brokers I use, plus the stox M5 it seems going up rather than falling and it just hit the 80 not crossed.
Regarding EJ the conditions were better even if the stox M5 was quite the EU ones.
ThanksIgnored
Disliked
FF calendar
10:30amGBP
Manufacturing PMI
45.4 48.648.4
Was this not perhaps more a contributing factor........maybe?
PeteIgnored
DislikedRJ,
I have some little question.
Regarding the short on eu, I can't see the genesis coloured at the moment of the entry, this probably depend by the brokers I use, plus the stox M5 it seems going up rather than falling and it just hit the 80 not crossed.
Regarding EJ the conditions were better even if the stox M5 was quite the EU ones.
ThanksIgnored
DislikedYou have to judge it on a 'case by case' basis. See how the pivots are working here today? See when the PA reaches R1, both stochs are very high? The swing high is just 10-15 pips above the entry point, so on this occasion, the counter trend trade is a pretty good risk to take. If the stoch was low and the bear candles didn't start to form yet, then I would not have entered for fear of the PA breaking through R1 and going higher.Ignored
Dislikedthat's a perfect failed re-test .... except for GU, it came after the signal. even if GU was not taken, all the other 3 should have been taken.Ignored
Dislikedand we could add to that bearish divergence on both 5 and 15min stochs
a little more confluence never hurts anyoneIgnored
DislikedYour EU trade was late by about 5 or 6 candles. Your EJ trade marked was fair enough, but I went in the candle before because the intent of the PA was pretty clear, so I entered just as the candle closed.Ignored
DislikedYelena,
I know I've read it in the thread somewhere but where is that post on combining the 2 Stox 5/15?? Do you reckon I can find it??Ignored