EJ sell
H4 TDI+PA, H1 BEOB
Closed +70p +90p
H4 TDI+PA, H1 BEOB
Closed +70p +90p
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Disliked{quote} there is very good potential in this pair. once the market breaks out of the MN consolidation range, and Weekly has an Inside Bar break out, we are in good business in the days ahead. as for today and this week 4H swing, we target the average weekly range of between 220 and 290 pips. we must keep our ears on the ground - if and when BoJ will act on the strong JPY. Ask your friends in Tokyo to lookout and when they see Abe, Aso and Kuroda goes for sushi lunch together this week. http://www.marketwatch.com/story/ban...tes-2016-02-28...Ignored
DislikedHi Folks, We are in the last trading day for Feb 2016 and today happens only once every 4 years. Just to remind everyone, TMS 5-METHOD is a trend following trading method and it will work best when there is market volatility. How you determine the market trend and the market volatility is important. The next important thing you need to work on and decide is your money management strategy which must include how you do your risk management. Do you trade with the same risk all the time? When do you reduce your risk% per trade? When do you increase...Ignored
Disliked{quote} there is very good potential in this pair. once the market breaks out of the MN consolidation range, and Weekly has an Inside Bar break out, we are in good business in the days ahead. as for today and this week 4H swing, we target the average weekly range of between 220 and 290 pips. we must keep our ears on the ground - if and when BoJ will act on the strong JPY. Ask your friends in Tokyo to lookout and when they see Abe, Aso and Kuroda goes for sushi lunch together this week. http://www.marketwatch.com/story/ban...tes-2016-02-28...Ignored
Disliked{quote} Emmanuel: "We target the weekly range." I get that we are supposed to look on the weekly chart with a 52 period ATR for this right? Do we target the whole range? A percentage? what about S&P from monthly chart in the way? Is that an instance of watch, see, react to PA at such times? Thanks LazyLobsterIgnored
Disliked{quote} Hi, I'm a bit confused about this pair and this post. On the W1 chart I see a Double Inside Bar. This can be a reversal pattern but also a continuation. The consolidation is seen clearly on D1 and 4H that show the Triangle forming. This was (and is) ideal for 4H swing trading. How I see it: There is potential room below for Run Sell. But if BoJ acts, they will pull another rabbit our their hat to weaken the Yen, not to strengthen it? Ofcourse, the market will tell us where it will go, but I would like to know what else you are seeing in...Ignored
Disliked{quote} I see AUDJPY with potential to go into the free space below. USDJPY has potential but there is this Double Bottom. How do you look at this one? I see GBPAUD, GBPCAD, GBPJPY, GBPNZD, GBPUSD have been in this Sell phase last month.Ignored
Disliked{quote} it kind of late to see the GBP crosses were money makers the past weeks.... but now you know how to look for the SELL and BUY zones, you will be better prepared with your money.Ignored
Disliked{quote} I had seen it but also try not to chase. Lots of GBP crosses gapped lower last week and continued without a real opportunity to get in afterwards I think. Knowing something is happening and making money from it are two completely different things in forex sometimes How would you have traded these pairs last week for example if we missed the initial move? Trading continuation on 1H away from the DOL?Ignored
DislikedEA short for +50 pips, APB changed color to red, TDI cross {image}Ignored
Disliked{quote} Hi LL, Simply use the ATR(52) on Weekly chart for the average weekly range for 52-weeks. It should be ~268pips. Usually, we target 60% of this weekly range. But in some weeks when market is narrow range, we may not get that. But 40% is sure thing in the past 2 weeks on H4. When market starts to trend and breaks out, then we look at 100% and even 120% of that range. This is provided we pick our 5-Method entries using APB#1 and #2. Attached chart below shows the swing highs and swing lows of the past 2 weeks with the swing range in shown in...Ignored
Disliked{quote} Hi Dan. all price action analysis is done using the real price bars or Japanese candles. the APB/HA only to look at the bodu size and colour change. regards,Ignored
Disliked{quote} If somebody is using MT5: Here is my modified HA indicator, where you can easily switch between Japanese candles, HA and an overlay of both just by using the "Arrow Up" or "Arrow Down" keys. I find it very convenient. {image}{file}Ignored