Nice explanation, Tanglewood. I have only one question. On your chart where you drew the vertical lines are those the time (UK 6am,10am) when big E might take a trade. thks

Trading Made Simple

checked out at b/e. Daily forming a doji

Trading Made Simple

you are right. Close shop now. cheers

Guccilicious

out of this trade with 4 pips

Trading Made Simple

re-entered short as it came down below blue horizontal line. Lost 30 pips earlier. Will close shop if this is a loser. Stopped out for 48 with Cad/Y (earlier long made 30). Therefore -18 with Cad/Y.

Guccilicious

Toledo mentioned time of trade and I prefer to use stop at swing high ( big E mentioned swing high stop too)

Trading Made Simple

H1 U/Cad. Wait for candle close in 45 minutes. Will short if price close below doji high

Guccilicious

looks like a nice short on H1 U/Cad in 2 mins. Would have preferred a shooting star but it evolved into a doji instead

Guccilicious

if this candle doesn't break above blue line, I think it will move south

Guccilicious

perhaps a bit too fast on the trigger. Anyway will lose 48 pips in total if stopped out

Guccilicious

short taken. Stop at 30 away.

Guccilicious

Timing and stop loss

Trading Made Simple

should make money

Trading Made Simple

This is the daily chart of U/Cad. The 50 ema(dotted yellow line) is getting very close to the 200 ema. Will it cross under or will it bounce from there? If a cross happens it is called a death cross. Interesting pair to watch from now

Guccilicious

My trades on the daily for example, E/U was because the daily closed with a bearish engulfing candle plus it closed just below the 200ema. I am just trading away from the 200ema and pa below 200ema is bearish to me. I am not capable of complicated ...

Guccilicious

missed my sell limit by a whisker at H4 close

Guccilicious

This is a daily chart trade taken after the bullish candle. My stop is at low of bullish candle Suffering a drawdown but I am getting interest everyday.So, if you want to trade the daily for several days or weeks, it's good to look for pairs where ...

Guccilicious

looks like a good trade. Will be adding short here.I almost always have to do add every time I trade the daily. Some say easy to trade daily, not to me

Guccilicious

took a short on the daily. Bearish engulfing candle, tdi rejected at 50 line and moving down, a teeny,weeny cross (see better with magnifying glass)

Guccilicious

out with 30 pips

Trading Made Simple