Don't seem to be any H4 setups coming up at 10pm pacific (BIG E Method) Although Aud/jpy looks interesting (its a second candle as theres one small tiny blue one just before it)
It went +20 pips already
{quote} Thanks! I don't use channels. Im not good at drawing them and ya lol I don't understand when you said something bar closed and open bar? Is that just meaning the old bar closed and new one started? I entered 6 mins after 10pm pacific which is closing time for 4h bar for me (using pepperstone demo for setups)
Bizzzle takes all his London trades as you do.{quote} Big E entered his trades as you do. A strong TMS cross on the opening bar
This might be basic but I still need assistance regarding the HA bar close of GA. Speaking of HA bar close above 5ema, the body of the HA has to be closed above or its wick will do already? Bsc sometimes when only its wick (no body) is visually seen closed above 5ema, actually its candlestick counter part form is already closed above the 5ema. Example: HA bar "A"'s only wick is above the 5ema but its candlestick already closed above 5ema, HA bar "B"'s body is closed above 5ema. Do we actually take lead when HA's body closed above 5ema or based on...
This might be basic but I still need assistance regarding the HA bar close of GA. Speaking of HA bar close above 5ema, the body of the HA has to be closed above or its wick will do already? Bsc sometimes when only its wick (no body) is visually seen closed above 5ema, actually its candlestick counter part form is already closed above the 5ema. Example: HA bar "A"'s only wick is above the 5ema but its candlestick already closed above 5ema, HA bar "B"'s body is closed above 5ema. Do we actually take lead when HA's body closed above 5ema or based on...
Current Training charts... {image} {image} {image} {image} {image} {image}
{quote} (...) Now to your question, I wait for the candle to cross the 5 ema. However, if the Stochs, PA, and TDI offer strong confirmation of the direction, eelfranz will enter right when the TDI crosses. Hence, it is the TDI that drives this method more than the 5 ema. I hope this helps.
decided to pull out of gbpaud for a 30 pip loss I think my mistake was not entering with the avg close being below previous day low. I completely missed that when I looked at trade. lesson learned. I won't make this mistake again!
