- Search Energy EXCH
- 88 Results (86 Replies , 2 Comments )
- alldirex commented Dec 19, 2022
Not sure this is really positive for JPY as BOJ is already buying yen, but what's certain is market manipulation by BOJ during announcement
- alldirex replied Jun 1, 2017
You look at the chart and if the prior price on the left of you screen is lower than then price at the right of the screen then it is an uptrend. If the price on the left of your screen is higher than the price on the right of your screen then it is ...
- alldirex replied May 23, 2017
So if you enter and the next two bars knock you out of the market, do you re-enter in the opposite direction. For example, you have two down bars and then two up bars... you buy. Next two bars are down bars (trade goes against you) and you absorb a ...
- alldirex replied Aug 23, 2016
Need to wait until markets close today, could be bullish. New home sales are very good... wonder if asia/london will bring a move up.
- alldirex replied Aug 22, 2016
gbp/jpy up = gold down... arent you long on gold?
- alldirex replied Aug 22, 2016
Hi Jawagnimri, Thanks for further explanation. I had a similar idea way back in the day and did backtesting to see how this method would work out. It works well when the market is trending one way, but you need to optimize your levels from of 20 ...
- alldirex replied Aug 22, 2016
Today was like a 100 pip day so far, I am not sure what changed really to say that ur channel is not valid anymore. If I would be buying, I would wait for a spike down sometime during asia, maybe kuroda blah blah blah and then buy for like 200 pips. ...
- alldirex replied Aug 22, 2016
20 pips might not be enough to take moves up even if you are in the buy... Sometimes price spikes up 50 pips then drops 40 pips, before going up again... why? Because it is retesting the level it just broke. 20 pips will not be enought to take ''the ...
- alldirex replied Aug 22, 2016
Yes just put take profit at your entry price, you can reenter later at lower price if you want to buy again. BOJ kuroda blah blah blah is coming in 12 hours, so we will see some movement in gold then. MIght spike up there.. or not.
- alldirex replied Aug 22, 2016
How is your channel working out? You should be buying gbp/jpy now, since it is retesting the breakout.
- alldirex replied Aug 22, 2016
Do you think intervention will happen in one day? Maybe.. maybe not. Sometimes its a month long thing, sometimes just a day. Take a look at below link: url And then look at charts to see what happened and when (down to 5 min if you like). Look at ...
- alldirex replied Aug 22, 2016
Never mind dint see your chart at first... I am just saying that gap or no gap does not matter. It's just price going up and down. Some times gap signals very strong push other times its just low volume market activity on the weekend.
- alldirex replied Aug 22, 2016
Whats your point?
- alldirex replied Aug 22, 2016
Arent you doing 3 trades in less than 24 hours? What happened to 1 trade a day? "Learned that the hard way, I'm gonna stick to the plan one trade a day to make sure I can pick the best trade..." Maybe do one trade per session (asia, london, ny) - ...
- alldirex replied Aug 22, 2016
no - not always, but most and eventually. They do not have to close right away, or they might. What is a gap? price movement which is not registered on your chart. Look at XE on the weekend there is no gap there.
- alldirex replied Aug 22, 2016
What makes you think that ''if'' BOJ acts it will go up right away. Why not spike it down 500-1000 pips and then rally it 5000 pips.
- alldirex replied Aug 22, 2016
you should probably b/e when it gets there.
- alldirex replied Aug 22, 2016
tradersway
- alldirex replied Aug 20, 2016
Can you explain 132.40 - why is this an important number.
- alldirex replied Aug 20, 2016
Thats actually way more valid channel than was posted above... The lines are straight. But even without a channel you can see that every move up has been met with a bigger move down. What is the probability that this specific up move will be the ...