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- desmondho replied Aug 30, 2016
Totally agree with you! I am looking to buy on dips too. In fact, yesterday I have spotted a low risk and high probability swing trade setup on the USDJPY currency pair. I entered long with a profit target of 2:1 risk to reward on the H1 time frame. ...
- desmondho replied Aug 10, 2016
Guys, Spotted some bearish weakness on the H1 chart and I have decided to close out my AUD/USD position. However, I am still monitoring this pair at this time frame because another break out opportunity might happen once again. H4 time frame is ...
- desmondho replied Aug 9, 2016
Maybe you can tell us more about your views on why you felt that the longs were fishy? Personally, I trade on the lower time frames such as the H1. I just move my stop to break even. Maybe you can tell us at what price you feel there could be a ...
- desmondho replied Aug 9, 2016
My position got stopped out for a small profit. Are you guys still in the trade? Safe trade to you guys man!
- desmondho replied Aug 9, 2016
This pair has been heading south since yesterday. Not too sure how much more it will fall. But, currently I have shifted to break even my trade with a slight profit. Any traders here who are also currently in the short position, let us know about ...
- desmondho replied Aug 9, 2016
@Ell3, That's a waste! You might be able to profit handsomely since you trade on the lower time frames. Your tight sl might give you good risk to reward outcome. Anyway, I focus on trading the M30 and H1 time frame. I was longing the AUD/USD and ...
- desmondho replied Aug 8, 2016
@ell3, Thanks for that comment and help. Do you personally take lower time frames on say H1? Or do you primarily trade the higher time frames?
- desmondho replied Aug 8, 2016
Guys, It's really great to hear many collective inputs and it seems like many are waiting to short based on triple top structures and long term trend line. Meanwhile, how about the lower time frames like H1? Does anyone here actually think that some ...
- desmondho replied Aug 5, 2016
Thank you for your input! Everyone has their own set of strategies that would work for them. Thanks for your sharing man! For me, I am more comfortable managing my position with stop loss orders. Currently this is my trading chart. I could see that ...
- desmondho replied Aug 5, 2016
Why didn't you put any SL on your trade? Wouldn't that be too risky? Is this a live or demo trade position?
- desmondho replied Aug 5, 2016
@PaulDaemon, Like you, I have also entered AUD/USD since yesterday. Perhaps you can share with us your chart and your entry for our better understanding? Perhaps, if you don't mind, please share with us on which time frame did your entry take place? ...
- desmondho replied Aug 2, 2016
@tradability, What happen to your broker man? Why don't you consider switching to some which are more legit and more flexible than the one you are having now? Any major issues and reasons why you can't change? That's not very healthy for you man! I ...
- desmondho replied Aug 2, 2016
@tradability, Honestly, I do agree to your thoughts about exit. If I am allowed to explain my point of view, I view exit plan as important because it helps me to determine where to get out without question. That could be when my SL is hit or when my ...
- desmondho replied Aug 2, 2016
@tradability, Do you mind explaining why you wouldn't be in a long position now? For me, in my humble opinion, there could be some short term bullish breakout opportunity on the H1 time frame for EUR/USD at this point of writing if we do not see ...
- desmondho replied Jan 24, 2016
Guys, This week's price open has not much sentiment. But, we can or might potentially expect some retracement against this currency pair on lower time frames like the H1 as shown below. I have sent out to my mailing list on what to expect for this ...
- desmondho replied Jan 21, 2016
I think the EUR/USD is still in dominant downtrend and the price has moved quite far ahead and if you guys have missed the move, it not worth chasing now. I suggest to re-enter using limit order at about 1.08585. That's a good price retest area. ...
- desmondho replied Dec 1, 2015
@PatienceFx, On what basis do you long, any specific time frame that you are longing or any particular reason like price indication or technical overlays? Cheers
- desmondho replied Dec 1, 2015
No problem! It perfectly fine to have differing views because of our differences in trading plans and rules. Perhaps you could share with us your chart on your long entry and explain to us a little bit more? From my understanding, the D chart has ...
- desmondho replied Dec 1, 2015
The EUR/USD is bearish on the higher H4 and D1 time frame. It is possible to seek for intra-day weakness on say H1 to re-join the bearish sentiment. Although, my trade position has broke even. I am looking for potential pyramiding trades. I am ...
- desmondho replied Jul 14, 2015
Hey bro, i think it depends on the correlation of the currency. A news may seemingly seem like it is not affecting the currency but because of correlated movement. It may have the same effect as the currency pair which has high impact news for it. I ...