Trade what you see - Not what you think
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Quoting bagovinoDislikedSorry... forgot this!!!!
B.Ignored
Quoting bagovinoDislikedSorry... forgot this!!!!
B.Ignored
Quoting brainjtDislikedI atach. USD JPN 1 hour, if cross and about pivot and RSI buy?
please experts analysis,,
Im not very sure with this trade if all will be allright
Thx bjIgnored
Quoting bagovinoDislikedMilenko,
Here is a chart posting why I took the Cad long early.
Price was drifting lower as the MACD was rising. This is called divergence. It implies that the move down is running out of steam and we are favoring a reversal.
We had a 5/12 cross earlier and 21 RSI crossed the 50. I do not always wait for the close of the bar to enter the trade if I have many good reasons for entering a position. This is where a traders discretion comes into play. I dont need to wait for a bar close for confirmation as I have comfirmation from other clues like MACD divergence and fibs.
As I said, this is not purely mechanical. Which is why there can not be a successful EA created for this method. This is an example in which an EA would have made a bad trade. It would have opened the position after the move already happened.
BagovinoIgnored
Quoting summitfxDislikedWould anyone be interested in a Text Messaging Alert service for all signals generated by the Bagovino method?- 24/7 drop me an email
ThanksIgnored
Quoting summitfxDislikedthe idea for me is to not have to sit in front of my computer waiting for the magic signals. i've been a full time trader for 8 years and getting a bit groggy mate. If I get a txtmsg I can pop into my office and look over the chart and pull the trigger if it looks valid. I learn a lot from you Mr. Maxey .
I appreciate all of your excellent insightsIgnored
Quoting MaXeYDislikedLOOL, am not mr. am still 22 Years :Ignored