Dislikedrasc00,
look at this, take news out of the equation and look where we are.
A PREVIOUS RESISTANCE
potentially a good place to short
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Nil Desperandum Illegitimi Carborundum
Looking for L > Break High Break Low Indicator 1 reply
trendline break/bounce trade System - 1 to 3 RRR 13 replies
Daily Break and bounce - line in the sand 9 replies
looking Break&Bounce indicator 4 replies
Dislikedrasc00,
look at this, take news out of the equation and look where we are.
A PREVIOUS RESISTANCE
potentially a good place to short
AttachmentIgnored
DislikedYes I agree there and it shows on my indicators too but I have been seeking to understand the full systemIgnored
DislikedEveryone has gone quiet !!
I get an email in my inbox with every post (even my own)
GEE !! have I got a lot of mail this morning !!
It's friday which is notoriously my worst day so I am flat !!
very tempted to take a EUR & GBP short @
1.2242
1.5560
but as it is friday I will stay outIgnored
Dislikedyes i understand... from now i will trade on demo ...
but i have something that want to ask u?
how you find these good entry points..?
and i wanna know do you use any indicator at all?
thanks for understanding.Ignored
DislikedEnd of trading week for me here.
Will be around to answer questions feel free to post.
Day = + 43
Week = + 310
Month = + 174
Live trades posted = + 901
G/L all
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DislikedHave you got your demo acc ready.this is good practise time.like dayboy said a short is worth a go.both the pairs are sittling high and consolidating.look to take the trade on your demo and set your own SL AND TP
HOPE ALL GOES WELL FOR YOU MY MAN
ROOI:nerd:Ignored
DislikedNot a problem.
Was wondering about the EU trade this morning.
I start looking through the charts when its about 6:00 in London and this morning I was greatly convinced about the morning being bullish as we were right on the 4hr support.
I wanted to enter but through my limited experience I have burnt my fingers too many times trading before london open and have heard a great deal of traders talk about waiting for london to open
So do you ever trade before london open or do you wait for the open?
Have you maybe in the past had some success...Ignored
DislikedEnd of trading week for me here.
Will be around to answer questions feel free to post.
Day = + 43
Week = + 310
Month = + 174
Live trades posted = + 901
G/L all
Ignored
DislikedWe are GMT + 1 at the moment (British summer time).
I turn on computer about 7:15-7:30
check up coming news
look at the moves
check recent S & R
this helps me start to form an opinion
varies but if PA is right my normal entry is around 7:50
and for later entries I just watch the PA and wait for a setup to form on both GBP AND EUR this is a big factor for me.
In the past I used start about 6:45 - 7:00 and was successful but have just moved into this pattern now and slightly adjusted how I enter(I used to play the break more at that...Ignored
Disliked
Trading without me already !!
be careful, Fridays are end of week and tend to have varied results.
weekly traders closing their positions.
As a general rule if I am up from the morning on Fridays I won't trade the afternoon!!Ignored
Disliked
Actually i started my account with 20K ... and i lose all of my money... i struggle 1 year and learn things about forex trading but i failed and loss more money...Ignored