That is not that simple. Just some examples: (1) If it is a big green candle, say more than 10 pips, maybe 15-20, closing high that means there's still upward momentum left. If the candle before the green one is red, and the green candle is small, ...

As simple as possible: 00 level trading

Yeah Alec, Just remember our trades yesterday that we talked about. Previous H1 momo not stacking the odds in your favour, this one was quite similar.

As simple as possible: 00 level trading

Jó reggelt/Good Morning all! I think I am switching to H1 candles for now, too much mess/info on my charts that I was not using anyway. Of course I know -- when I start changing layouts and colors that's a sign of fatigue and lack of confidence... ...

As simple as possible: 00 level trading

I had a similar one today with EJ... url Technically they were by the rules, so I rather see the problem/mistake in picking our choices: PA just wasn't right. Previous hour's candle closed really high, just some fraction pips above the SHORT entry ...

As simple as possible: 00 level trading

There's been a lot of ups and downs in the past hours. Also EJ and EU not in sync, I mean EU above, EJ below DO. Also see Udine's comment about the Euro pairs being at their 10 week lows. So it's a NO.

As simple as possible: 00 level trading

Yeah, thanks for all the time spent Coach, will do so! ps. I not fear the market however 'how am I gonna make up for the losses'. Bad thinking... lack of self and in the system belief. Okay, that's all about psycho for today!

As simple as possible: 00 level trading

Yeah, I had that on my mind as well... but very difficult for me to keep me on the sideline when my fear is gone. Unfortunately when on the sideline it is my fear that keeps me there, not that much the uncertainties of a given situation. I am too ...

As simple as possible: 00 level trading

EJ SHORT @136.500 -10 SL -- I saw the long lower wick the previous hour (not showing momo downwards), but saw EU close below DO so I thought if it'd continue down then it'd pull EJ down. I should have seen EJ close above the level two consecutive ...

As simple as possible: 00 level trading

GJ out by TS.

As simple as possible: 00 level trading

I am GJ SHORT @172.800, EJ SHORT @136.500. But now it's the hammers that may knock me in the head instead of a 5 pip wish...

As simple as possible: 00 level trading

Gracias! Link does not work for me, I sent a PM...

As simple as possible: 00 level trading

Here you go. That's when you can make a wish.... of +5 pips... and it'll come true they say. image

As simple as possible: 00 level trading

Hi Udine, though I took one of these as well, what was your thought process that made GU/GJ look appropriate by now? The huge red falling star candles in the hour of the GBP news bringing GU/GJ below DO? thanks: Áron

As simple as possible: 00 level trading

GJ SHORT @172.900 +5 TP (filled with slippage @.889 that's why the arrows are lower).

As simple as possible: 00 level trading

Good Morning Folks, Due to my recent losses (demo+live) I lost confidence so I was just watching. I saw the EU has fallen so much yesterday so I thought it may not continue for now. Meanwhile I saw -- EJ, EU, UJ below DO so they're in sync, no red ...

As simple as possible: 00 level trading

If you posted the loosing ones with charts people may help with their opinion on them. Áron

As simple as possible: 00 level trading

I can confirm that, demo ECN account at 14:30 CET: EJ -- 3.6 (0.6), GJ -- 6.4 (1.0), UJ -- 2.5 (0.5), EU -- 2.2 (0.4), GU -- 4.0 (0.6) Average ususal spreads in brackets.

As simple as possible: 00 level trading

Yeah... the funny thing is I remember last week I kept talking about sync how I would not take a trade on the EJ or GJ if the base components were going in opposite directions. Now I took it. Unfortunately longer term expecations influence me on ...

As simple as possible: 00 level trading

Which is a bad move... GU going down not in sync with GJ. The reason is impatience -- I missed the strong EU EJ morning ones. Also I am tired and disappointed, on my live account I was trying to make money on the EU 1.7320 level breakdown yesterday ...

As simple as possible: 00 level trading

I am GJ LONG @173.300

As simple as possible: 00 level trading