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sunshine replied Apr 26, 2016if on the other hand, we have a broker that has a Sunday bar then our Trade Direction Bias will be Up bcz the M+D combo will be uP. and as such we won't go short...as in the Dly USDJPY chart below. edit: i forgot to mention that the Sunday bar can ...
When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 26, 2016red news today for USD & CAD
When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 25, 2016housekeeping: trade management all longs on USDJPY closed[for gains] and a short trade initiated. [a bit late but that was the time i accessed my trading station] Why did i close all longs ? because of its M+D is Down. Shorts rule now in this pair, ...
When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 25, 2016hi nobacott
yes that's correct. the combo i used was D+1hr which was Up because friday closed up so on monday i was looking for longs in hourly chart {that only happens if i have the time} but i do not understand your buy in AUDUSD, and here is ...When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 25, 2016here are today's entries... note, price may still retrace further, but i only acted on my signals. image
When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 25, 2016u welcome
but it is still early days... long time ? i thought maybe u got a favourite pair u wanted to include ?When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 24, 2016there is bank holiday for AUD tomorrow so maybe not trading this pair is advisable because of lower liquidity, & on friday the YEN has its turn.
When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 24, 2016just to re-inforce ::
the highlighted items, arrows & X's are what i consider important markers, either for trade entry or to show failure of a previous bar that prompted an entry. also the colour codes of the X's & arrows are not randomly ...When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 24, 2016we started this tutorial on tuesday 19 april 2016. and here are the results after 4 trading days. 7 losses were experienced, 2 in AUDUSD & 5 IN EURAUD and there are still 2 open trades that are in a loss, again the same pairs; AUDUSD & EURAUD now ...
When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 22, 2016and if u prefer bar chart format, here it is... the arrow points the ideal buy entry for today, i was not available to take that intra-day signal so i am posting the hourly chart for trading knowledge. O ? and that was the 12 noon bar, please check ...
When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 22, 2016CADJPY exit signal for closing of Day trades for more than 100 pips ...if u traded the 1hr chart or intraday...see 1hr chart below image
When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 22, 2016SL's were hit on the 2 pairs that have the AUD. below are the current Dly Charts & some 4hr harts, please note the highlighted items was the reason for entry...or if that signals failed then the next reversal bar prompted an entry because the ...
When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 22, 2016thank u Scrabie,
i see, your stacking positions was made off 4hr signals therefore your SL was below or close to that signal bar...good....that also answers your question to me, if my entry is off Dly signal then my SL is also off that chart, so ...When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 21, 2016ok, traders LO (London Open) is approaching so drop down to hourly tf and enter from there. if u prefer trading the 4hrs then watch this current bar for entry, if no signal then the next 4hr bar close may resolve it. go to go now.
When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 21, 2016hi Scrabie,
i see. i would like to know: which signals ? and in what tf's did u stack ? should u reply to this then only the stacking chart tf will do, thank you. i'm only asking in an effort for us all to learn. the other reason i'm asking is ...When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 21, 2016i am very bulish on this pair, WHY ???...take a look at the current monthly bar there are 7 trading days left for this month of April, now please look at the structure of this current month, can we all see that immensely long BT (bottoming Tail) ? ...
When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 21, 2016EURJPY 4hr charts: comparing 4hr bars of 2 brokers that uses end-of-day close. ...the 2nd chart is the broker that has Sunday bar but that sunday bar is only 3hrs of trading... my point is this ... just trade whatever signals u get from your broker, ...
When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 20, 20164 new daily buys entered on all except EURJPY, still holding yesterdays buy though. SL's moved. image image
When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 20, 2016yes i see that. ...checkout my 4hrs chart below. ...i drew the LSH so if price closes below that then u can short if u wish and keep your buy open, as for me i will keep my Dly SL. ...should u decide to short then SL can be placed above that TT ...
When Price is UP, buy; when Price is Down, sell short...
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sunshine replied Apr 20, 2016hi timilehin of the 5 pairs only 2 are not showing momentum and they are: EURJPY & AUDUSD ...the logic behind stacking is as follows: Daily tf: we want to enter as many positions as possible when price starts to move. this is done via ...
When Price is UP, buy; when Price is Down, sell short...