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  • #75,841
  • Feb 13, 2017 1:49am Feb 13, 2017 1:49am
Quoting emmanuel7788
Sunday candle: What are Sunday candles? Do your brokers show you Sunday candles? Why Big E did not trade on Sundays? If you know his reasons, then what are you going to do with the Sunday candles. I see 6 pairs of the 8 pairs he traded - that have Sunday candles this week.
What are some of the factors you consider before choosing your weekly 5 pairs to trade?
  • #75,842
  • Feb 13, 2017 1:54am Feb 13, 2017 1:54am
Quoting nanacarter
{quote} What are some of the factors you consider before choosing your weekly 5 pairs to trade?

I pick 5 pairs out of the 16 pairs I have in my market watchlist. I have already mention how I pick the 5 pairs.

Sunday candles has nothing to do with which 5 pairs I pick.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,843
  • Feb 13, 2017 1:55am Feb 13, 2017 1:55am
Quoting irishtoffy
Potential short trade on AJ D chart. Either that or a break of resistance. {image}

when we use the triple screen approach, this pair does not have any potential to short at all.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,844
  • Feb 13, 2017 2:52am Feb 13, 2017 2:52am
Quoting emmanuel7788
{quote} when we use the triple screen approach, this pair does not have any potential to short at all.
Not even on a reversal from resistance at previous D pin bar?
  • #75,845
  • Feb 13, 2017 3:51am Feb 13, 2017 3:51am
No trade on Weekly-Daily-H4 charts. We must wait another 4 hours :-)
Mi odino pure, purche' mi temano. (Gaio Cesare Germanico Caligola)
  • #75,846
  • Feb 13, 2017 5:43am Feb 13, 2017 5:43am
Quoting Pretoriano
No trade on Weekly-Daily-H4 charts. We must wait another 4 hours :-)

what about this price action trade?

Attached Image (click to enlarge)
Click to Enlarge Name: AUDNZD Week 07 Feb 13 H4.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,847
  • Feb 13, 2017 5:45am Feb 13, 2017 5:45am
Quoting irishtoffy
{quote} Not even on a reversal from resistance at previous D pin bar?

there is no D pin bar seen yet.
today candle has not closed.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,848
  • Feb 13, 2017 5:55am Feb 13, 2017 5:55am
NZDUSD Feb 13 H4 BEOB

Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD Week 07 Feb 13 H4 BEOB.png Size: 44 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,849
  • Feb 13, 2017 5:58am Feb 13, 2017 5:58am
GBPUSD Feb 13 H4 Double Inside Bar

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD Feb 13 H4 DIB.png Size: 46 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,850
  • Feb 13, 2017 6:07am Feb 13, 2017 6:07am
GBPAUD
GBPNZD

classic setups

Attached Image (click to enlarge)
Click to Enlarge Name: GBPAUD Feb 13 H4 classic.png Size: 48 KB


Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZD Feb 13 H4 classic.png Size: 48 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,851
  • Feb 13, 2017 6:15am Feb 13, 2017 6:15am
Quoting emmanuel7788
{quote} there is no D pin bar seen yet. today candle has not closed.
Ah, I should have said...if there is a pin bar today off that R, I think there is potential for short in the next day or two.

do you see any reasons against that potential trade?
  • #75,852
  • Feb 13, 2017 6:18am Feb 13, 2017 6:18am
Quoting emmanuel7788
GBPAUD GBPNZD classic setups GBPAUD Feb 13 H4 classic.png;2185008 GBPNZD Feb 13 H4 classic.png;2185010 {image} {image}
I would have stayed away from that H4 GBPNZD trade due to previous rejection of price just above?
  • #75,853
  • Feb 13, 2017 6:20am Feb 13, 2017 6:20am
What about Weekly Pin Bar plus D1 in agreement

Attached Image (click to enlarge)
Click to Enlarge Name: USDCAD Feb 13 W1 Pin bar.png Size: 43 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,854
  • Feb 13, 2017 6:41am Feb 13, 2017 6:41am
Quoting irishtoffy
{quote} I would have stayed away from that H4 GBPNZD trade due to previous rejection of price just above?

there rejection was not that strong ... the small candles.

but if you look at the D1 chart of both pairs, you will prefer this GBPNZD pair over the GBPAUD pair.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,855
  • Feb 13, 2017 6:47am Feb 13, 2017 6:47am
Quoting emmanuel7788
{quote} there rejection was not that strong ... the small candles. but if you look at the D1 chart of both pairs, you will prefer this GBPNZD pair over the GBPAUD pair.
Would you buy even if it has not broken that H4 R? Based on the D?
  • #75,856
  • Feb 13, 2017 6:52am Feb 13, 2017 6:52am
Quoting irishtoffy
{quote} Would you buy even if it has not broken that H4 R? Based on the D?

based on what I see on D1 price action enter my buy zone, yes I would take the trade anyway.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #75,857
  • Feb 13, 2017 7:28am Feb 13, 2017 7:28am
Quoting emmanuel7788
{quote} based on what I see on D1 price action enter my buy zone, yes I would take the trade anyway.
ok, thanks. Interesting, as I would have stayed away. Maybe I am missing viable trades by being too cautious.
  • #75,858
  • Feb 13, 2017 8:08am Feb 13, 2017 8:08am
Took short NZDUSD on H4. Price broke the MC low on 4H and looks like breaking the the low of the Mother bar of inside bar.

okoso
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH413.02.17.png Size: 41 KB
  • #75,859
  • Feb 13, 2017 8:08am Feb 13, 2017 8:08am
Quoting emmanuel7788
{quote} what about this price action trade? AUDNZD Week 07 Feb 13 H4.png;2184985 {image}
Hi Emmanuel,i don't know if I will trade this pair,it's a strange cross linked gold quotation. It's look like as Eur/Chf. Anyway there is a weekly resistance to 1.0671,price has been rejected 4 times from it. Price should close above resistence before open a position. Now,Sidney stock exchange is closed too. There isn't liquidity.

Is right my analysis,big trader ?
Mi odino pure, purche' mi temano. (Gaio Cesare Germanico Caligola)
  • #75,860
  • Feb 13, 2017 8:29am Feb 13, 2017 8:29am
Emmanuel,Gbp/Usd and Gbp/Nzd weekly are sideways and Gbp/Aud weekly is short. Are u talking about Daily-H4-H1 or what else? U enter about Daily trend using h1?
Mi odino pure, purche' mi temano. (Gaio Cesare Germanico Caligola)
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