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- mgokhank replied Jan 19, 2015
EurNzd trade of today. Charts were correlated with EU. H1 momentum with higher high. H1-5ema rejection. 15m rejected 21ema with a pin. 5m bullish candle let me long.
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- mgokhank replied Jan 19, 2015
Today's GppJpy trade. There was no speed on H1 charts but momentum made a higher high and price rejected H1-5ema, then a perfect pin on 15m-21ema, finally 5m bullish candle.
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- mgokhank replied Jan 19, 2015
This morning trade. Same principle is valid. GbpJpy-H1 charts were looking bearish. H1 speed and momentum were downside. H1 5ema rejection was on the stage. Then 15m-21ema rejection came too. 5m bearish trigger candle let me short. Unfortunately it ...
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- mgokhank replied Jan 18, 2015
The third trade opportunity at the same day for EurJpy for New York session. Same principle, same approach, same good trade. But I have to admit that this trade was riskier than its predecessors with its 25 pip stoploss level.
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- mgokhank replied Jan 18, 2015
When H1 trend is on the chart, there can be more than one signals on the charts at the same day. Here is another trade opportunity at the same day with the previous post's trade. EurJpy is very bearish as seen on H1 speed and momentum. Asian traders ...
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- mgokhank replied Jan 18, 2015
EurJpy trade. H1 trend is obvious. Price can break nor H1-5ema neighter 15m-21ema. I see pin bars against these moving averages on both H1 and 15m charts. Finally 5m bearish trigger candle comes after 15m pin bar.
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- mgokhank replied Jan 18, 2015
Same principle on GbpUsd charts. Nearly a few minutes around EU also gave a signal at the same day. EU, GU, AudUsd, UsdCad, EJ, GJ generally move altogether. If you miss one of them you can catch another one . H1 and H4 charts are very important for ...
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- mgokhank replied Jan 18, 2015
Another trade sample. I am only posting the strong signals. Of course there are a lot of wrong signals on charts that create loss trades. Trading is not only about charts, emas or signals. A trader should also know other things such as fundamental ...
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- mgokhank replied Jan 18, 2015
Till now I only focused on entry, but there are more important things than entry in trading. One of them, maybe most important one, is cutting the loss immidiately. I use 5m charts to decide if I am wrong about my analysis. If 5m candle obviously ...
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- mgokhank replied Jan 18, 2015
Another entry analysis on EU charts. This time there is no speed between H1-21ema and H1-72ema, but momentum between 5ema and 8sma is so strong that speed is inevitable. Furthermore other technical methods such as higher high and role reversal ...
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- mgokhank replied Jan 18, 2015
Another EurUsd trade. Same approach is valid for this trade too. I use top-down analysis. Starting with H1 charts I try to define a trend using speed (21ema and 72ema) and momentum (5ema and 8sma), then down to 15m charts to find other clues such as ...
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- mgokhank replied Jan 17, 2015
Same criterion for entry is valid for this position. H1 speed and momentum analyisis shows that there is a trend. 21ema is resistance for price. Down on 15m charts we see candle rejects 21ema. Finally 5m bearish candle comes.
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- mgokhank replied Jan 17, 2015
Another EurUsd trade. H1 speed is good. There is a little H1 momentum. 15m speed is good. Price rejected H1 21ema with a pin bar. We see price rejecting 15m 21ema with a good pin bar. At final step, we catch a good bearish full candle on 5m chart. ...
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