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- birdnest replied Jan 12, 2015
Nice! Cant wait to check what's on the H4 charts now....
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- birdnest replied Jan 12, 2015
Thanks Likica. Will just sit and watch how it performs on H4 and D for these pairs first.
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- birdnest replied Jan 12, 2015
Was looking at the EA, GA, EN, GN and all these 4 have a similar bonce either slightly below the RSL 50 or above it. How would these be played out? On the D and W chart, a hookover has formed but the momentum on the H4 is not strong enough unless it ...
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- birdnest replied Jan 9, 2015
I think it will. But the D chart looks a like it has been dived deep, maybe not holding out over the weekend will be safe and not expecting too much pips from this?
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- birdnest replied Jan 9, 2015
Hi Griffinssoul, It looks like an uptrend to me on weekly, but how and starting from where do you identify the 5 wave move? Now it seems to me that trading the H4 charts have a lot of analysis and waiting to be done. And its like knowing how to ...
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- birdnest replied Jan 8, 2015
Both EA and GA seems to be in the overbought areas and the D working a hookover soon and hitting the previous resistances. Is it too late to go into the trend now? Or it is better to wait for the trend to complete itself before going in on a new leg? ...
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- birdnest replied Jan 8, 2015
Yes, these are great pairs for swing trading! Am currently only focusing on these... hopefully I ace my first trade in JAN!
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- birdnest replied Jan 8, 2015
Yea, I am watching on the re-bouncing off the support but it looks like its thinking of a direction to go. Up or down, it looks worth waiting for......
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- birdnest replied Jan 8, 2015
Awesome trade. I love trading the EA, is by far one of my more "profitable" ones. Btw, is anyone watching EUR/GBP trade as its month is hitting the support low since 2012......
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- birdnest replied Jan 8, 2015
Thanks Wyley187 for your advice. I was down by 1% of my total loss and that makes it -9%. I am trying hard to play the H4 chart, but I cant seem to get the right setup despite reading through so many posts. I guess its true that out of 10 traders, ...
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- birdnest replied Jan 8, 2015
Hi SJ, In the D and W trend I see a moving down-ward trend, but how do we know if the bear is on its way to be exhausted or it is going down for a deeper leg? And if say, the they continue to go deeper, do we need to see a bullish pullback on H4 to ...
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- birdnest replied Jan 7, 2015
I see a BUY. H4 there is a pullback but on H1, do we have to wait to break above the swing high first?
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- birdnest replied Jan 7, 2015
Trading the H1 and lower TF is indeed stressful, I found myself bouncing onto the computer to check on every candle and sometimes in the midst of dwelling into the motion of things, I forget about the big picture trading too. H4 and daily charts are ...
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- birdnest replied Jan 7, 2015
Thanks! Actually trading in H4, there seem to have less action-packed signals as compared to H1 and the lower TFs. It seems to me now that there is a lot more waiting/patience involved to wait for the perfect setup in H4 but when a setup occurs, the ...
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- birdnest replied Jan 7, 2015
Hi Stevepatt, Thanks for your explanation, it really helps. No wonder I am not getting it, I did not understand on the bullish pullback on the bearish momentum. I will study the charts again. Btw, what is MRAH?
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- birdnest replied Jan 7, 2015
This looks like a GO to me! All TFs scream YES with a nice angle...
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- birdnest replied Jan 7, 2015
Yes! I realised its a total NO-GO! I am still a toddler in this.
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- birdnest replied Jan 7, 2015
Is the H1 a valid entry? From the H4, I see consolidation and that will be consider a NO-GO?
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