{quote} Understanding what is going to happen on the market after some suit has finished yappin really is a crap shoot................. I would rather have a cup of coffee and see what the charts look like after all the nonsense has died down.
hello everybody, great thread! thanks to all! does anybody trade the 1Min chart? experiences?thanks again, mex
I hope RJ will not be against this post. I will Add chart. And first There is double top on stoch, letter M, nicely formed. When I see M I sell it. But not today. Just to keep it in mind. Price on the chart, you can see sell is coming every time when price at the level which I marked. But the last Sell was really litle, couple pips. I placed order on the first blue candle. SL at the support. As price riched 1.2950 I moved SL and there was only couple of pips. that was my trade. I was wrong or right. It is already done, so nothing to say {image}
thanks realjumper for the quick answer! one other question: i can trade from the london opening for about 4-5 hours. trading on the 5 min chart, with different pairs ( maybe 3 pairs?) how many entry signals will you get in total~?thank you!
{quote} Hi RJ, Pehaps he is asking for ASCTrend indicator.
{quote} Understanding what is going to happen on the market after some suit has finished yappin really is a crap shoot. For that reason I don't try to decipher what the suit is yappin about and what it means. It's good that we know that this high impact news is coming because we can get out of the way of the madness and not get (financially) hurt......but trying to trade those events is crazy, imo. Our income comes from the boring day to day movement of the market, and we have a system that is very good at helping us enter at the right time. If...
I'm aware of the damage trading during those events can cause to my account so I just avoid doing that, reason why I want to decipher such news is because they set a longer term direction for the market, and also because it's interesting... Mostly because I find it interesting 
{quote} Yeah it's easy to say after the fact, 'oh damn, if I had got in there I would have made 100 pips'......but hindsight is 20/20, no? How about the times when you look at the market doing opposite what you thought would happen at news time time and you say to yourself 'yippee, glad I wasn't in that mess because I would have lost'..... It's better to be out, wishing in..... than it is to be in, wishing out!!
I know what you mean all too well. The second I decide to go against the rules I end up being stopped out. EJ moved so much during Asian session, wonder whether there will be any steam left for London.
EJ moved so much during Asian session, wonder whether there will be any steam left for London.
{quote} No, no you got me all wrong
Morning/evening all, Long EU +18. Not the safest of entries (LO and CT), the signal looked good though, plus divergence on m15 stoch. Suffice to look at the chart now... but I'm not risking anymore. {image}
{quote}Great stuff Jo
