Thanks to diamonddbw who saw first this good trade...
What's happen on the 1,7075 -1,7074 level ?!?!?
What's happen on the 1,7075 -1,7074 level ?!?!?
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DislikedThanks to diamonddbw who saw first this good trade... What's happen on the 1,7075 -1,7074 level ?!?!? {image}Ignored
DislikedBut Nepul my question is : Is this a valid entry by your rules ??... broke the low more than 4 pips .. , so enter a long position?? Thx , Guido {image}Ignored
Disliked{quote} Your entry could be valid cause there's a strong low and next bar went down to hunt stop. By the way as i said in the first post it's better that the next bar break for not more than 4 pips include spread, this is only cause my trade management need tight stop loss. In your case stop was 6-7 pips, so it depend's by you, how much do you want risk...Ignored
Disliked{quote} Your entry could be valid cause there's a strong low and next bar went down to hunt stop. By the way as i said in the first post it's better that the next bar break for not more than 4 pips include spread, this is only cause my trade management need tight stop loss. In your case stop was 6-7 pips, so it depend's by you, how much do you want risk...Ignored
DislikedStill having a hard time determining exact entry. For example, after your min/max candle closes, the very next bar goes the 4 pips past the previous candles high/low, when this candle returns to the high/low of the min/max candle, we place our trade in the opposing direction, or do we wait for this candle to close as well?Ignored
Disliked{quote} ++++++++++++++++++++++++++++++++ The way I understand this is you wait for price to re-enter H4 candle by 1 pip. In other words if bear candle low is 1.6100, your entry would be when price reaches 1.6101.Ignored
Disliked{quote} ++++++++++++++++++++++++++++++++ Thanks for the detail. Nepal has agreed to help me start up a Skype room so we can all share what we are seeing on our charts. Skype rooms can get quite cluttered with non trade related posting. That makes it very annoying for those of us that that do not spend 24 hours a day online, having to read through 100's of posts to find any trade related info. So please observe the following protocol: • Post ONLY questions regarding trade specific information. That includes: -- Trade set ups. -- Trade specific questions...Ignored
Disliked{quote} Hi Darryl, thats a good suggestion. should this group concentrate on H4 timeframe, or on different timeframes? I think we all use different brokers, so there is a problem regarding the opening and close time of the candles, any idea to solve this issue within the group?Ignored
DislikedWould it be at all possible to have an EA each group member uses, which all links to a central location to give the broker averages across all group members? I'm just wondering if this would be a good tool to use to help determine true overall market movement.Ignored
Dislikedmy question also is, how ong does a candle be considered as max or min?Ignored
Disliked{quote} Different GMT, by the way you can see the same from your chartIgnored