Possible long on GU M15 35/50 confluenced with RN and H1 10EMA.
- #2,161
- Nov 2, 2015 6:39am Nov 2, 2015 6:39am
- Joined Mar 2009 | Status: I know that I know nothing | 2,780 Posts
- #2,162
- Nov 2, 2015 9:15am Nov 2, 2015 9:15am
{quote} Also watching
did you take this trade? I decided to take it after the price bounced a couple of time on M1, however I see now that I should have waited for a better confirmation (I have a problem with rushing the trades, I am always afraid that they're going to run without me
). Closed it manually right before the news at +8p, just to be on the safe side.
Everything is possible
- #2,163
- Nov 2, 2015 9:24am Nov 2, 2015 9:24am
- Joined Mar 2009 | Status: I know that I know nothing | 2,780 Posts
{quote} Hello Kostas, did you take this trade? I decided to take it after the price bounced a couple of time on M1, however I see now that I should have waited for a better confirmation (I have a problem with rushing the trades, I am always afraid that they're going to run without me
- #2,164
- Nov 2, 2015 10:16am Nov 2, 2015 10:16am
{quote} 11p for me. Great for a Monday.....
I was lucky to grab another 12p on GU H1 35SMA touch (confluenced with H4 10ema and DP) - it was a very quick trade of only about 3 minutes, as I didn't know where this strong move came from and didn't want to stay in it longer.
Everything is possible
- #2,170
- Nov 17, 2015 5:53am Nov 17, 2015 5:53am
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
Risiko birgt immer auch die Chance.
- #2,171
- Nov 17, 2015 6:41am Nov 17, 2015 6:41am
{quote} Im more for the pairs, i deal with and New Zealand and US are both closed .. " make sure minimum one market is open when you trade " .. i think its in the manual -- And Cable m15 has a nice confluence round number and 10 ema right now , just the MAs are not in my favour , 35 is below the 50 and theyre seperated. Guido
However I've noticed that many pairs are quite active during London session (I regularly watch AU, NU, AJ among other pairs and they often give some nice signals during London trading hours). For example, there were two pin-bar rejections on AU and AJ M5 10/12ema this morning, confluenced with DP/WP on AU and RN on AJ, which I missed unfortunately. But you're right, it's not by the rules, so won't misguide other traders anymore
As for my last mentioned possible signals on UJ and NU, I didn't take any of them (no touch/bounce - no trade).
Everything is possible
- #2,172
- Nov 17, 2015 7:02am Nov 17, 2015 7:02am
- Joined Jun 2013 | Status: Membership Rewarded | 3,206 Posts
{quote} Thanks, Guido, you're right about the market hours, my mistake. However I've noticed that many pairs are quite active during London session (I regularly watch AU, NU, AJ among other pairs and they often give some nice signals during London trading hours). For example, there were two pin-bar rejections on AU and AJ M5 10/12ema this morning, confluenced with DP/WP on AU and RN on AJ, which I missed unfortunately. But you're right, it's not by the rules, so won't misguide other traders anymore
I the end it counts only do you feel comfortable with it or not..
As long as you do and as long as you know about the " risk " of closed markets ( very often the trades reach not the targets because lower volatility )
.. then all its fine..
Trading is a " discretionary thing " if you like it , don t change it ..
Guido
Risiko birgt immer auch die Chance.
- #2,173
- Nov 17, 2015 7:26am Nov 17, 2015 7:26am
{quote} Hey Sasha , I the end it counts only do you feel comfortable with it or not.. As long as you do and as long as you know about the " risk " of closed markets ( very often the trades reach not the targets because lower volatility ) .. then all its fine.. Trading is a " discretionary thing " if you like it , don t change it ..
I've been watching these pairs for quite a long time, so I'm pretty confident with their signals (as long as it is London session or London/New York overlap). My mistake was to post it here, in the interactive trading thread, without any warning. So I'll just be more cautious on what I post in future, so as not to misguide any newcomers 
Everything is possible
Stoped out at BE at 1.3775 after being with more than +10p 
- #2,179
- Dec 16, 2015 1:19pm Dec 16, 2015 1:19pm
- Joined Mar 2009 | Status: I know that I know nothing | 2,780 Posts
{quote} Anyone in? If you are in (Like me), your target could be a few pips below 1.3800
