Dislikedthink about it in relation to volume. price leads? momentum does, not price. price reflects action taken by participants (large guys). hence, never leads.Ignored
PATIENCE PAYS. TRADE SAFE.
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Dislikedthink about it in relation to volume. price leads? momentum does, not price. price reflects action taken by participants (large guys). hence, never leads.Ignored
Dislikedthat's all the info i will share for now. figure out the rest. one other thing about divergence (whether it's momentum or volume divergence), they don't always mean a reversal. you need to be able to put 2 and 2 together. when in doubt, stay aside.Ignored
DislikedNow for the question, do you guys take trade that occur at the same time but on different timeframe and different pair? For example, there's a sell signal in EUR/USD that happens at the very same time with GBP/USD. Do you take both trades? I usually only take one of them because I feel taking both would means double my risk (because they very often go to the same direction) also, let's say at the very same time in EUR/USD H1 there's the same buy/sell signal using this method. WOuld you enter twice, just set different SL/TP? Or you only enter once...Ignored
DislikedHi guys.I had a very stressful day.I live in Boston and this tragedy came unexpected. My condolences to victim families. I closed all my shorts when it hit 8390 not knowing what to expect.Last time London got bombed cable plummeted. I made +760 pips in 2 weeks and very happy with the results.My account went up 30% Stay positive and profitable. averaging 10% last 4months. {image}Ignored
DislikedGood trading Davit.(though I can't say I understand your entries and risk management!) But consistency is key. My sincere condolences on the Boston tragedy. What a sad world we now live in.Ignored
DislikedHi all traders H4 bullish candle confused me. i need your help thanks in advance {image}Ignored
Disliked...firstly...why would you say trend is down? Assuming thats an EU chart?Ignored
Dislikedthat's euro / usd chart. İ mean since the price rejected of 1.3136 level , it is going down . İ think İ misused wrongly the tren wordIgnored
DislikedIf rally fails, means not enough liquidity yet in the market. For big boys to buy, somebody has to sell to them first. So when you see candles like that failing, could mean either the retrace could end up being a bearish reversal after all, or they need to commit more traders to enter sell positions and then they take them out at lower levels. Don't get confused by candle closes above 10ema. Price Action is way more intricate than that.Ignored
DislikedHi guys, May God bless Boston's victims... thank you all for keeping posting here ! I just closed my london EJ trade +68 Peace dom {image} {image}Ignored
Dislikedthat's euro / usd chart. İ mean since the price rejected of 1.3136 level , it is going down . İ think İ misused wrongly the tren wordIgnored
DislikedConsolidation. Just because a rejection at the tops don't mean price drop. see the big picture if you're going to have a directional bias. 1.33 next target for me.Ignored
DislikedGot it. Thanks for your reply pkimnyc. i wonder two things about your analyse 1 ) the date was on april 11 when you wrote this sentence " euro should be buy on dips from now." Your analyse confirmed today. Does that mean you didnt take trades on april 12 and 15 ? 2 ) what should we pay attention when we see the big picture ( concretely speaking , relations beetween emas ,rn , sd zones ...etc ) İ hope i don't make you angry due to my newbie questions Thanks...Ignored