Hi Snail,
How to use these indis?
Thanks,
As simple as possible: RENKO M5 trading 75 replies
Trading is this Simple? Finally Explained simple and clearly! 46 replies
Simple Level Trading 1 reply
Trading: As simple as possible, but no simpler - by a real Cityboy 92 replies
DislikedBuenos das, Trade #1 o/t day: GBPJPY to TP Trade #2 o/t day: EURJPY to TP Trade #3 o/t day: EURCAD to TP Trade #4 o/t day: USDCAD out by TS LuXing {image} {image} {image} {image}Ignored
DislikedA slow Asian session thus far but I did miss the start of Tokyo Open so not entirely unexpected. Looking @ the following USDCAD (long pending) GBPUSD (long entry current) GBPJPY (pending long unlikely to be triggered anytime soon) EURJPY (not willing to place a pending long at this stage but will reconsider later) EURUSD (lack of any kind of momentum whatsoever so leaving it on the back burner for now) several pairs simply have moved between 20-30 pips and are currently reversing back to test the DO hence against D1 trend. Masterrmind..........Ignored
Disliked{quote} My GBPUSD trade entry still running {image} A good example of the risks involved when momentum is rather slow. Masterrmind...........Ignored
DislikedA slow Asian session thus far but I did miss the start of Tokyo Open so not entirely unexpected. Looking @ the following USDCAD (long pending) GBPUSD (long entry current) GBPJPY (pending long unlikely to be triggered anytime soon) EURJPY (not willing to place a pending long at this stage but will reconsider later) EURUSD (lack of any kind of momentum whatsoever so leaving it on the back burner for now) several pairs simply have moved between 20-30 pips and are currently reversing back to test the DO hence against D1 trend. Masterrmind..........Ignored
DislikedA slow Asian session thus far but I did miss the start of Tokyo Open so not entirely unexpected. Looking @ the following USDCAD (long pending) GBPUSD (long entry current) GBPJPY (pending long unlikely to be triggered anytime soon) EURJPY (not willing to place a pending long at this stage but will reconsider later) EURUSD (lack of any kind of momentum whatsoever so leaving it on the back burner for now) several pairs simply have moved between 20-30 pips and are currently reversing back to test the DO hence against D1 trend. Masterrmind..........Ignored
Disliked{quote} Hi Masterrmind, very informative post! so this is all breakout trading if i see it correctly.Ignored
DislikedAUDCAD [M15 Chart] - pending long entry {image} Good to use as a learning example! What was price doing before Tokyo Open? What about from Tokyo Open? Resistance level is close to entry at the BRN @ 0.96000 so why would I attempt to go long here? Importance of drawing a simple trend line on your chart..... very useful tool and so simple to apply. Note: Price action could literally keep taking price down from this point and not trigger my pending order. Would this be a concern to me? Hardly........ Good trading, Masterrmind........... :nerd:Ignored
DislikedAUDCAD [M15 Chart] - pending long entry {image} Good to use as a learning example! What was price doing before Tokyo Open? What about from Tokyo Open? Resistance level is close to entry at the BRN @ 0.96000 so why would I attempt to go long here? Importance of drawing a simple trend line on your chart..... very useful tool and so simple to apply. Note: Price action could literally keep taking price down from this point and not trigger my pending order. Would this be a concern to me? Hardly........ Good trading, Masterrmind........... :nerd:Ignored
Disliked{quote} Very interesting ! Its a completely different way of looking at charts. Pure PA based. My currency strength meter indicates CAD 3.5 and AUD 3.5. In terms of currency strength, definitely not a trade I would take. Many thanks for the useful insight and good trading ! LuXingIgnored