What do you use to confirm trade's direction? | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

How to use Multi Timeframe Indicators & How you will use it? 0 replies

Use of lower time frames to confirm entry 5 replies

Use Weekly Pivots To Predict Market Direction 17 replies

If you use a breakout model, how do you determine your TP and SL? 9 replies

How do you find and confirm a trend? 41 replies

What do you use to confirm trade's direction?

  • #1
  • First Post: Edited 11:45pm Feb 26, 2013 11:19pm | Edited 11:45pm
What do you use to CONFIRM a trade's direction or when to enter? Why?
  • #2
  • Feb 26, 2013 11:50pm Feb 26, 2013 11:50pm
Candle Signals (Pins, Engulfings) at & around s/r's.
Also Lower high to short when bouncing off resistance, Higher low to buy when bouncing off support.
Also use moving averages holding as s/r's, when they are angled.
Never Trade without a defined risk, never, never, never.
  • #3
  • Feb 26, 2013 11:54pm Feb 26, 2013 11:54pm
Quoting FxGladiator
Candle Signals (Pins, Engulfings) at & around s/r's.
Also Lower high to short when bouncing off resistance, Higher low to buy when bouncing off support.
Also use moving averages holding as s/r's, when they are angled.
Very nice. Thanks for the reply.

Best wishes,

2+2
  • #4
  • Feb 27, 2013 12:33am Feb 27, 2013 12:33am
The combination of pa at level of r and s & moving average. Along with rsi reading 60 or 40. Lastly with session trading or opening for good volatility.
  • #5
  • Feb 27, 2013 12:40am Feb 27, 2013 12:40am
Quoting 2+2=4ex
What do you use to CONFIRM a trade's direction or when to enter? Why?
What do you use to CONFIRM a trade's direction or when to enter? Why?

What do you use to CONFIRM a trade's direction ?
(when the price start to move fast )

when to enter
( sometimes immediately jumped in,, sometimes waiting a while )

Why?
( I dont know why ## like the title of a song ## lol ## just joking ,,frankly ,, based on often fails experience )

salaam

2+2= 5 =sometimes
  • #6
  • Feb 27, 2013 12:43am Feb 27, 2013 12:43am
Quoting 5percent
The combination of pa at level of r and s & moving average. Along with rsi reading 60 or 40. Lastly with session trading or opening for good volatility.
Nice setup. Thanks for reply.
  • #7
  • Feb 27, 2013 12:44am Feb 27, 2013 12:44am
Quoting mr.kho
2+2= 5 =sometimes
Hehe
  • #8
  • Feb 27, 2013 1:30am Feb 27, 2013 1:30am
Quoting 2+2=4ex
Hehe
hi, amigo,,
the others have received a reply says ;; ,,something like ;;;
(Very nice. Thanks for the reply.//Nice setup. Thanks for reply. //)
I still do not get a reply like that word ? he he,, just kidding,

salaam
  • #9
  • Feb 27, 2013 1:42am Feb 27, 2013 1:42am
Use a trendline.
  • #10
  • Last Post: Mar 5, 2021 10:38pm Mar 5, 2021 10:38pm
Quoting 5percent
The combination of pa at level of r and s & moving average. Along with rsi reading 60 or 40. Lastly with session trading or opening for good volatility.
IT's a good setup.
0 traders viewing now