Taking too much time to retrace,therefore tighten stop to 13 pips and P/O removed. Yuro still weak at the moment
the cautious seldom err....C
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DislikedThank you for your kind words toledo FX. I still have a long way to go. I don't have enough experience with LO candle yet, all I have in mind are what I learned from Phx62 pdf; how LO can reverse Frank candle, and how price usually set the low or hi of London session during the first 3 hours on London. Frank fake out candle was really obvious on Monday this week on EUR pairs. This is EURJPY. White arrow were Frank candle trying to go up and London candle came back down. Yellow candle we got TDI hooking down too, would have been a nice entry. {image}...Ignored
Disliked@toledo, try not to be concern about squeezing the most pip out of a trade. Consistency is the keyword.Ignored
Disliked{quote} Hi Robuk, There is high impact news in an hour or so. It might push the GBP in bearish or consolidation, just my thoughts. Please see the images below for more explanation. But GN is coming back from fib 61.8 and looks like a bearish move but then look at the small bearish candles. {image} {image} Regards.Ignored
DislikedTaken 2 short trades on daily. Above E/A trade taken out on a spike with kiwi news {image} {image}Ignored
DislikedBE again. EURAUD +5 Frank candle again tried to go against the down trend. Entered after LO when price broke lower. Went to +30 in a blink before slowly retrace to stop me out. TP 50 after price already made large move maybe a bit too ambitious. {image} It came to my attention that the way I trade isn't classic TMS... hope my entry isn't confusing anyoneIgnored
DislikedHere is my EUR AUD H4 short of today, break of yesterday low and confirmation by TDI. A good example of an classic TMS trade? {image}Ignored
Disliked{quote} Thank you Pipsmurfer. Please post more often. We want to keep this thread aliveIgnored