Why did you not pick CHF over Nzd ? Thanks .....
28PAIRS Currency Strength Trading SYSTEM. TRADES and Questions
- #482
- Sep 1, 2016 1:56am Sep 1, 2016 1:56am
- | Commercial User | Joined Aug 2013 | 2,935 Posts
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
- #484
- Sep 1, 2016 6:10am Sep 1, 2016 6:10am
- | Commercial User | Joined Aug 2013 | 2,935 Posts
Made a not so smart trade this morning. Tried a EURAUD long on M15 while the D1 was in a down trend. What was i thinking?{image}{image}
Don't enter against higher TF supdem but wait for a flip or break.
Looks like the GAP EUR was to flat and no speed
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
Anyone riding the GBPJPY rollercoaster? Merka are you killing it?
Some nice moves, unfortunately missed the biggest movements but still enjoyed some of the ride.
Yesterday, was up 65P on a trailing stop, went to sleep and there was a pretty big retracement.
Stopped out at +35. Not sure if I like a trailer stop on GBPJPY.
Today, wasn't gonna let the retracement get the best of me! So shorted GBPJPY on the ride down for 50P.
Happy Trading!!
Some nice moves, unfortunately missed the biggest movements but still enjoyed some of the ride.
Yesterday, was up 65P on a trailing stop, went to sleep and there was a pretty big retracement.
Stopped out at +35. Not sure if I like a trailer stop on GBPJPY. Today, wasn't gonna let the retracement get the best of me! So shorted GBPJPY on the ride down for 50P.
Happy Trading!!
Made a not so smart trade this morning. Tried a EURAUD long on M15 while the D1 was in a down trend. What was i thinking?
I think you had the right idea. EURAUD has been hovering around the 1.4900-ish mark, if it breaks there is no nearby resistance on the D1. As Bernhard says wait for a break or flip back down!
{quote} Hey Funk, I think you had the right idea. EURAUD has been hovering around the 1.4900-ish mark, if it breaks there is no nearby resistance on the D1. As Bernhard says wait for a break or flip back down! {image}
I am happy i could get in that GBPJPY move early to get a 5:1. So that loss is already forgotten
- #488
- Sep 1, 2016 2:56pm Sep 1, 2016 2:56pm
- Joined Jan 2016 | Status: Trader | 2,062 Posts
Anyone riding the GBPJPY rollercoaster? Merka are you killing it? Some nice moves, unfortunately missed the biggest movements but still enjoyed some of the ride. Yesterday, was up 65P on a trailing stop, went to sleep and there was a pretty big retracement.
It's a pair that I like because of high volatility.
Cheers.
Merka
- #490
- Sep 2, 2016 9:24am Sep 2, 2016 9:24am
- | Commercial User | Joined Aug 2013 | 2,935 Posts
Nice winner this morning on AUDUSD M5 chart. {image}
If you use SL above last high than add some pips plus spread or it might just be hit and than it goes as expected. This is for a short.
A long does not need add spread because you already bought at ask price.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
{quote} good one
At that time price was within a H1 DZ and because of a bullish look on the D1 and H4 it was a countertrend trade and i didn't want to push my luck
Again trying to join the GBPJPY party which has lasted all week! A bit late on the move, but OK..Was up 15 pips and set stop to BE. Got stopped out, lost out on the 50 pip ride!
Oh well! Holiday Weekend to enjoy!!
Oh well! Holiday Weekend to enjoy!! 
Again trying to join the GBPJPY party which has lasted all week! A bit late on the move, but OK..Was up 15 pips and set stop to BE. Got stopped out, lost out on the 50 pip ride!
Have a nice weekend anyway!
How was today with NFP? How did the indicator handle the situation?
Well the setup looked good! During NFP session the Cad was strong and JPY was weak. Up 100 pips. Here are the indicators showing the strength and the speed. Cheers!!
- #500
- Sep 3, 2016 12:24pm Sep 3, 2016 12:24pm
- | Commercial User | Joined Aug 2013 | 2,935 Posts
{quote} Hello Prince Fred! Well the setup looked good! During NFP session the Cad was strong and JPY was weak. Up 100 pips. Here are the indicators showing the strength and the speed. Cheers!! {image}
Buy the strong and sell the weak and the best of it: we do not need many charts !
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators