Well the JPY pairs are moving again and may not give the hoped for signals, but there is still lots of time to find those good setups. PATIENCE is a virtue, even though it can be sooo hard sometimes. GREEN pips to one and all.
Joined Oct 2008
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Status: Perpetual Student of the Charts
|947 Posts
As fast as the JPY pairs moved after the new bar formed, I only goth the A/J pending order in. Ive also got A/U, E/A. G/A and U/c pending orders in too.
May the GREEN pips flow smoothly into everyone's accounts.
I trade the 30 minute charts personally, but your question made me take a quick look at some of the 4 Hour charts. There have been some beautiful long term trend trades with nice entry points visible. I only see a couple of setups now, but they tend to be after long moves, so they may be a little "stale" or risky.
If you see any setups or have some orders pending, please share them with the thread. It would be greatly appreciated.
{quote} I trade the 30 minute charts personally, but your question made me take a quick look at some of the 4 Hour charts. There have been some beautiful long term trend trades with nice entry points visible. I only see a couple of setups now, but they tend to be after long moves, so they may be a little "stale" or risky.
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I think H4 suits traders with huge capital who can afford to set high sl. Massive RR.
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If you see any setups or have some orders pending, please share them with the thread. It would be greatly appreciated.
Sure thing. I keep checking H4 TF as well so i'll post as soon as i see a setup building.
Joined Oct 2008
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Status: Perpetual Student of the Charts
|947 Posts
Some pretty long candles have formed since London opened, so it looks like we might have to wait for a change in the color of the dots before we get a good setup. The U/J moved about 90 pips from low to high without a down signal candle, and now that there is a signal candle, it is almost 30 pips long. This move might be getting a little bit stale.
Some pretty long candles have formed since London opened, so it looks like we might have to wait for a change in the color of the dots before we get a good setup. The U/J moved about 90 pips from low to high without a down signal candle, and now that there is a signal candle it is almost 30 pips long. This move might be getting a little bit stale. GREEN pips to everyone.
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Don't see a setup at the moment . Still waiting. 30min charts are great because if gives you lots of time to look for your trade and set it up.
trend catching with NonLagDot indicator
