No worries bud. The engulfing bars are a signal bit remember nothing is Holy grail. All we can do as traders is minimise our risk and improve our money management. Keep on keeping on

Simple H4 Mobile Trading System

Ryan the strategy is profitable my man. If you have a bearish or bullish engulfing the best thing is to wait for price to revert to mean and rather sell or buy around the mean. Not only does it reduce your DD, it helps minimise the losses. So ...

Simple H4 Mobile Trading System

Just looking to buy support. The pair tested support about 48 hours ago give or take, didn't break the area and now retesting support. I agree with you bears have got a stronghold here. But would only consider selling if we break support and retest ...

EURUSD only

Bocephus, glad you stayed on the platform following the banter from earlier on......yes that is the make or break point hence why I placed stop loss a couple of pips below that low. 10 pips below the low to be precise. While I agree the bears are ...

EURUSD only

Jip noted. Agree. Just waiting on spreads to calm down and look to continue loading longs. SL below 2018 low. Will look to hold logs through to Friday close of market. If they move into profits will take partial profits and trail SL. If not will ...

EURUSD only

Yeah scalps maybe. Am on the mobile and a little preoccupied hence why am not scalping . Have a look at Gold and look at how it's behaving. The correlation between the two has been very indicative and assists in trying to gauge sentiment.. Stay green ...

EURUSD only

Yes bud. Have started loading longs. We may see a retest of yesterday's low. Again will keep looking long. For me it's too low to be selling at this point. Tah

EURUSD only

Just some food for thought. Yes there is strong bearish momentum for past couple of days. But consider this. Yesterday's daily bar was an engulfing bar. Off of a strong support area. That coupled with increased risk appetite due to fundies. I will ...

EURUSD only

Mean reversion. Enter the position when price is close to the mean the stop is just above or below the engulfing candle depending on whether you're buying or selling. once price breaks out,I take partial profits move SL to BE and let the trade run ...

Simple H4 Mobile Trading System

Morning traders. While the bearish momentum. Is strong and all. Have loaded a bit order at last week's low and will look to load another position around the 1.1300-1.1280 handle with stop just below previous low as per the daily chart. Looking at ...

EURUSD only

Closing 80% of position. SL moved to BE

The Swamp

Just went long will reduce lot size at 100 then look to let trade run. Just to minimise risk and lock in profit. SL at 1.59349

Simple H4 Mobile Trading System

Had pending or on eurchf at the 200 ema...just bagged a couple of decent pips. Was a bit worried cause price got filled at high spread but still managed to make decent Proffitt on it Have closed out

Entry Unholy

Shorting scalp till 1310

The Swamp

Looking at AUDCAD for sell setup.

Simple H4 Mobile Trading System

Hi bud. It's a valid entry but if you don't wanna carry the heavy DD enter closer to the median. It reduces your DD and also reduces potential risk should your SL be filled. Hope that helps

Simple H4 Mobile Trading System

Okshop. How's it bud. How are you making these time based projections? Regarding Engwe and Techs convo....the only thing I can add regarding time and movement is that the session opens and closes during the day is when there's more volatility and ...

EURUSD only

The reality is the 5min charts kept in synch with the overall 1hr and 4hr down trend. Every time a key levels gets broken price retraces back to the previous support, consolidate at the median then picks off another level lower. Will continue sell ...

EURUSD only

Looking at the hourly and 15 Min chart this thing was dropping all day. If anything the fundies may have been the only glimmer of hope for the Bulls but looking at the charts the lwma' held their own. Levels kept folding being retested and folding ...

EURUSD only

Lol alright brother. Was a tad bit worried there. The AUDNZD is below the 30 ema though ninja?

Simple H4 Mobile Trading System