I have not seen the trade exposure before. Went into contents and did a search and came up empty. Can someone steer me in the right direction to get it working(am on MT4)
gregben
gregben
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DislikedI have not seen the trade exposure before. Went into contents and did a search and came up empty. Can someone steer me in the right direction to get it working(am on MT4)
gregbenIgnored
DislikedHad computer troubles so was a little late getting orders in, so entry prices could have been a bit better.Ignored
DislikedTo-days review.
GBPCHF, USDCHF and AUDCHF all long. I will not be taking any of these trades as the stop required is too large and because the candle has hit or narrowly missed the far side of the channel.
The7 original rule " THE CANDLE HAS TO OPEN OUTSIDE, BUT CLOSE INSIDE THE CHANNEL WITHOUT TOUCHING BOTH SIDES TO MAKE A SIGNAL VALID"
CHFJPY is very close to a sell, but it is problomatic that the close of the candle was inside the channel
So no trades to-day which is probably a good thing as GBPAUD was stopped out and other pairs are...Ignored
DislikedGregben what about eurnzd short, engulfing patter at fib 23 level stoch overbought, rsi declining. take a look tell me what you think.
PaulIgnored
Dislikedpaul
you say eurnzd engulfing, stoch overbought. but i dont see it on the daily charts. what time frame are you looking at ?
gu short from yesterday would have given some pips. i did not take the trade.
only took one trade, au short.... still short.
i see only two setups for tomorrow.
gbpchf - long
audcad - short
audcad - a better price to short from yesterday. but too cose to 50ema. a short now could yield about 30 pips before it bounces off 50ema. the 50ema has acted as strong support in the last two market days. but if it breaks...Ignored
DislikedGregben what about eurnzd short, engulfing patter at fib 23 level stoch overbought, rsi declining. take a look tell me what you think.
PaulIgnored
DislikedSilat50,
I have been away from home all day (unfortunately), but if I had been home I too would have gotten in on your JPY trade. I called a possible short on CHFJPY in an earlier post today and my filters have been showing all the JPY crosses in extreme overbought areas. Hopefully we will get a retracement back up to test the high where I might get a better entry. If not, as you said it will show an entry as per the rules at the daily close.
gregbenIgnored