Hello all,
Made 2 trades today.
EURGBP (1M - 200) ( London close - NY close)
Closed near that mini support level because the price almost reached the max range ( around 20-22 pips)
Very often i have very few entries during a cycle , maybe i should wait longer, but with the 5h trading window it seems difficult. Which can be either bad and good.
OR, i can try lower the Quantum indicator, but at that point it would be like 5 pips per cycle.
Better leave it as it is, and in the future ( long future) move to other pairs/trading windows with bigger ranges as you said.
CADJPY (5M - 40) (London close - NY close)
I think it's better to go short on cadjpy Entered on the 1m chart for better entry point.
Here i got out the trade very soon, even if i tried this pair in order to get multiple entries, didn't work out ( couldn't resist to close it) , will check it out again tomorrow.
Shuael
Made 2 trades today.
EURGBP (1M - 200) ( London close - NY close)
Closed near that mini support level because the price almost reached the max range ( around 20-22 pips)
Very often i have very few entries during a cycle , maybe i should wait longer, but with the 5h trading window it seems difficult. Which can be either bad and good.
OR, i can try lower the Quantum indicator, but at that point it would be like 5 pips per cycle.
Better leave it as it is, and in the future ( long future) move to other pairs/trading windows with bigger ranges as you said.
CADJPY (5M - 40) (London close - NY close)
I think it's better to go short on cadjpy Entered on the 1m chart for better entry point.
Here i got out the trade very soon, even if i tried this pair in order to get multiple entries, didn't work out ( couldn't resist to close it) , will check it out again tomorrow.
Shuael