Crazy bunching up on 4H...
10.4/10.5 trades only
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Foreverforex
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Re: 10.4/10.5 trades only
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aserschan
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Re: 10.4/10.5 trades only
it is just a feeling, but some big moves may come....Foreverforex wrote:Crazy bunching up on 4H...
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aserschan
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Re: 10.4/10.5 trades only
will this setup qualify as a valid nb10.5 trade?
price touching the 240, rsi on top,
but css green and not golden
opinions appreciated. thanks
price touching the 240, rsi on top,
but css green and not golden
opinions appreciated. thanks
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- kwanann
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Re: 10.4/10.5 trades only
nope...aserschan wrote:will this setup qualify as a valid nb10.5 trade?
price touching the 240, rsi on top,
but css green and not golden
opinions appreciated. thanks
I've been trading using OM Dual N EA for the past 2 years, live results can be found over at https://www.fxblue.com/users/kwanann
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sponn
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Re: 10.4/10.5 trades only
aserschan wrote:will this setup qualify as a valid nb10.5 trade?
price touching the 240, rsi on top,
but css green and not golden
opinions appreciated. thanks
First setup: Sell on WP and WMS1 with WS as a target.
Second Setup: Sell on DP, DMS with DS as a target.
If you want to be mega aggresive you can also sell at DMR1 - but I will wait for CSS become goldenrod/red to set up this....
PS. Edited !
PS2. With a Daily lines you will not have got goldenrod on 4h I believe. But still "crossing WP/DP is valid setup no matter what the indies say"
Last edited by sponn on Thu May 30, 2013 8:05 am, edited 1 time in total.
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aserschan
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Re: 10.4/10.5 trades only
ok, by entering on WP we can expect the css to be goldenrod or even red.sponn wrote:aserschan wrote:will this setup qualify as a valid nb10.5 trade?
price touching the 240, rsi on top,
but css green and not golden
opinions appreciated. thanks
First setup: Sell on WP and WMS1 with WS as a target.
Second Setup: Sell on DP, DMS with DS as a target.
If you want to be mega aggresive you can also sell at DMR1 - but I will wait for CSS become goldenrod/green to set up this....
in your last sentence, you mean goldenrod/RED, not green , i think.
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fahedksa
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Re: 10.4/10.5 trades only
Stuck from yesterday long EURGBP ,4H TF CSS still gold up to now,but 1H TF CSS now red. What I should do now stay or exit?
- kwanann
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Re: 10.4/10.5 trades only
If its me, i would set a hard SL about 20pips below the DMS1 or the WP and see how it goes. since its only about 10pips away from DP i think its ok to wait.
Maybe if scared, add in TS?
Maybe if scared, add in TS?
I've been trading using OM Dual N EA for the past 2 years, live results can be found over at https://www.fxblue.com/users/kwanann
- pips400
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Re: 10.4/10.5 trades only
Hi Fahedksa, ideally you'd have taken profit yesterday and price went all the way through to DR3. However looks like EURGBP is moving back up again, so at this stage, I'd move stop to BE or DP, and take profit at DR1.fahedksa wrote:Stuck from yesterday long EURGBP ,4H TF CSS still gold up to now,but 1H TF CSS now red. What I should do now stay or exit?
Trade the edge not the moment
Dragons Lair Trading - My Personal Trading Journal and Strategy
Dragons Lair Trading - My Personal Trading Journal and Strategy
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fahedksa
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Re: 10.4/10.5 trades only
Thanks ,Close trade +5 pips fairpips400 wrote:Hi Fahedksa, ideally you'd have taken profit yesterday and price went all the way through to DR3. However looks like EURGBP is moving back up again, so at this stage, I'd move stop to BE or DP, and take profit at DR1.fahedksa wrote:Stuck from yesterday long EURGBP ,4H TF CSS still gold up to now,but 1H TF CSS now red. What I should do now stay or exit?