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Impenia replied May 20, 2018Yes, it was a valid sell signal, except that the previous candle was a Sunday candle. I, personally, use a broker with no Sunday candles (NY close).
I challenge you to fail with this
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Impenia replied May 20, 2018Well, my understanding of their tip is to go long @ cmp with 100 pips SL. However, if by the close of the week, the weekly candle closes below 1.3450, then you should exit the trade regardless whether the SL was hit or not.
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Impenia replied May 20, 2018Alan, is the non-automated version still available for testing? Tnx.
AmazingEA: Automated Straddle Trading Expert Advisor
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Impenia replied May 20, 2018Alan, is the non-automated version still available for download? Can't seem to find it anywhere. Tnx.
AmazingEA: Straddle Trading Expert Advisor
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Impenia replied May 20, 2018Tweet from ScorpionFX --- But I suppose it'll be good to see a changing momentum in Retail sentiments (where retail increasingly start to short the pair).
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Impenia replied May 19, 2018Hi bud, mind sharing that trade analysis indicator/EA responsible for that trade panel on your screen? Looks very tidy and helpful. Tnx.
Pivot Trading
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Impenia replied May 19, 2018Hi Asw, really appreciate you taking time out to code the indicators. However, just taking a look at the last chart you posted (with indicator arrows), I can observe that you need an extra condition in your logic (code). --- For a sell signal, the ...
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Impenia replied May 18, 2018Just flipping through my charts and observing what may look like a valid setup on done pairs. Still about 30mins to candle close on my broker, though. --- EURJPY D1 - Type 2 setup (SELL). EURNZD W1 - Type 2 setup (SELL). NZDJPY W1 - Type 2 setup ...
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Impenia replied May 18, 2018Hi Joseph, just one question. For a BUY signal, is it absolutely important for the previous candle to be a bearish candle, or it's ok for it to be a bullish candle as long as the signal candle fully engulfs it? Basically, must the two candles be ...
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Impenia replied May 17, 2018My immediate observation is that the 2 days (circled) are the only days price moved over 1%. Somehow, price reversed all the upmove of the previous day and closed lower than the previous day's low. Such high volume and a complete reversal is, ...
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Impenia replied May 14, 2018I do think that the USD is in a bit of a correction phase. But yeah, the longterm strategy is to continue buying USD. As of today, RSI-2 on GBPUSD has crossed over 70 on H4 charr while RSI-2 on USDCHF has crossed below 30 on H4 as well.
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Impenia replied May 14, 2018Let me post this EURUSD Technical Analysis from dailyfx.com. Kindly note that this is not a trade recommendation. The only reason I'm posting this is to to highlight the underlined section. --- EUR/USD Weekly Technical Forecast: More Bounce Before ...
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Impenia replied May 13, 2018Thanks mate. I can see that our fib levels are close to a pip. That's understandable considering different broker data feeds. That shouldn't have any material effect on trading results. Yeah, on the 3rd digit issue, my fib values are absolutely ...
Pivot Trading
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Impenia replied May 13, 2018Thanks mate for the help. Kindly help me look at this EURUSD chart and see if it looks anything like it should be (especially the pivot levels). Thanks once again.
Pivot Trading
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Impenia replied May 13, 2018Brilliant stuff, mate. Very much appreciated. --- Been following the thread for about 2 months now, but have never really traded the strategy. Reason being that I trade almost exclusively with mobile, and up till now had no idea how to setup my ...
Pivot Trading
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Impenia replied May 12, 2018Well, yeah, I agree that we should try to keep this as simple as possible. No point over complicating things. --- My excel, though is nothing more than the same data from myfxbook that all of us are looking at. I just figured out a way to lay them ...
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Impenia replied May 12, 2018I agree with your submission, Jason. The myfxbook data may be just a small sample but it's not insignificant in gauging retail sentiments. Have you ever wondered how exit polls are generally able to predict the outcome of final election results ...
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Impenia replied May 12, 2018Fair enough, mate. My excel sheet actually shows figures for volume (LOTS). I erroneously used the term POSITIONS while responding in my earlier comment. --- Having said that, I still maintain my view that the LOTS do not change when TFs are charged ...
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Impenia replied May 12, 2018Not sure why this would be a problem. If you look at the H4 chart vs D1 chart (or any other TF for that matter) on mt4, the different charts will only give some perspective on activity (price action) that occurred within those different TFs. ...
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