Now Friday, July 20, EUR-USD has moved below Weekly Pivot after not even being able to rise up to Weekly R-1, maybe the start of a great trending move down for us ???The_Snowman wrote:No basket for me tonight, just don't understand the price action I am seeing, when in doubt stay out.
I see that most sells are in EUR but the main strength pair, EUR_USD is above the Weekly Pivot ???
Most of the buys are in CHF pairs which is the opposite co-relation to EURO, again ???
GBP news later, maybe the focus and moves will be there.
Catch ya'all later
) to do this and note down the basket in my trading diary. I then open whichever EA I'm going to use to manage the trade, (ShelleyNow or MPTM), enter in the pairs and save it as a .set file on my USB stick. When I get home around 4pm I check the watch basket pairs to see how they have performed during the day. As others have said and I also have noted, If the retracements that we need to have happened before we take the trades, have indeed occurred, and the slope values are still as they were in the morning, then I go ahead and take the trades either manually or using ShelleyNow. I will enter manually if a pair(s) hasn't yet met the retracement requirements. and use my saved .set file if entering using the EA. Baluda's latest SlopeValues indi is invaluable for being able to instantly see which pairs should go into the watchbasket ie. slope value >0.6/<-0.6, pivot order DWM/MWD and trend strength ++. Thank you Baluda - awesome work, indeed my thanks to all who have had a hand in anything we are now using to achieve the success we are.