Buy sell line trading

Quoting nige1

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Didn't get a chance to update the previous trade. Anyway, closed at the 134.60 level for c.1.5R, price was moving very slowly so was happy to close in profit. Trade would have reached 2R (and more) if left in place.

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Quoting Forex Lion

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{quote} Hi Nige1, good trade. Do you trade the 15M or also the 1H and 5M TF? regards, Peter

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Quoting California

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RN's Anyone trading the smaller TFs like M1, M5, M15, and even up to M30, should be aware of round numbers (RNs). They are just as important as traditional horizontal support/resistance points, imo. And whereas yesterday's high/low can appear different from one trader's chart to the next due to broker times varying, RNs appear the same on everyone's charts. As a general rule of thumb, placing s/l or t/p 5p away from an RN is usually good enough to either avoid or take advantage of the reaction that price often makes around an RN, and 6p to be on...

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Quoting California

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M1 scalping EJ (see chart). I would normally only scalp EU, but EJ makes more sense nowadays due to the tremendous trends in all yen pairs. The wider spread is well worth it. While I always want to know what the 50sma is doing, I key off of the 20ema (longs above, shorts below). It is a perfect balance between too sensitive and not sensitive enough. My favorite retracements are back to the 20ema. Shallower retracements are fine as long as they touch the 9ema at minimum. Anywhere in the 9/20 gap. Type 2, IB's, commando entries preferred. The best...

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Quoting Santoso777

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{quote} hi, i try to make my chart as yours, but i dont know the dash line (green and red), can you bring the indicator please, thanks {image}

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Quoting nige1

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Another T2 on EJ M15, bounced nicely off previous support to add weight to the entry. Will update when closed. {image}

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