- Search Energy EXCH
-
josi replied Dec 28, 2022Wow, perfect timing - one wonders whether it is worth it right now, though....
EURUSD only
-
josi replied Dec 27, 2022Quite right - in my part of the world it is the daily-open-line
EURUSD only
-
josi replied Dec 26, 2022You may well be right with your prediction. All I am saying: it is - right now - too early to tell: (update: as the next day clearly shows: prediction before confirmation is a risky game; it broke out upwards - maybe fake but nevertheless)
EURUSD only
-
josi replied Dec 26, 2022Same to you I think we're still in the same situation. If you want to trade EURUSD, it seems rational to only enter at range extremes (see H4) for the time being. At this time of year, though, one could also simply wait for a real BO.
EURUSD only
-
josi replied Dec 20, 2022I think - H1 - we are still in a range, albeit with strong downward pressure
Cable Update (GBPUSD)
-
josi replied Dec 16, 2022True enough (I mentioned it once before), I think. To - once again - remind you of the EURAUD-trade we wrote about:
MA Crossover System that works for me
-
josi replied Dec 16, 2022The monthly will tell you that we are at very strong resistance. I'd be extremely surprised if price moved up without retesting old lows. So your weekly analysis makes a lot of sense to me.
EURUSD only
-
josi replied Dec 16, 2022Nice try but if price on your screen moves from top left to bottom right - as general direction, disregarding retracements - the bias is down.
Cable Update (GBPUSD)
-
josi replied Dec 15, 2022So clever: For a moment I really thought that you were stopped out (given your SL; see above)
EURUSD only
-
josi replied Dec 15, 2022Hope you still had your eye on that EURAUD-trade because it came back big today (perfect W-formation).
MA Crossover System that works for me
-
josi replied Dec 13, 2022This is not what this thread is about but: I guess there is no problem at all to trade this on M5 because the range is potentially wide enough. Al Brooks wrote a book on how to trade ranges - all you need to know is there. (He wrote another one on ...
MA Crossover System that works for me
-
josi replied Dec 13, 2022Well, as it is, you are certainly in a sideways market. It may be a distribution or it may not - only time will tell. At the moment this is not a trending market (on H4, that is) - for me that means MAs don't really work.
MA Crossover System that works for me
-
josi replied Dec 13, 2022I hope, it will work out - all the best:
MA Crossover System that works for me
-
josi replied Dec 13, 2022Is it at all possible you mean LH? I don't see a MA-cross as yet (so the trade isn't according to the rules of this thread) and price - I think - is still in a clear uptrend bias. But the trade may nevertheless be successful, of course.
MA Crossover System that works for me
-
josi replied Dec 8, 2022One thing to keep in mind, maybe, is that his HH (see screenshot) is no HH but a LH, which may indicate weakening momentum. (I think, as long as the overall bias is up - which it is - one could still enter this riskier trade and exit at ...
MA Crossover System that works for me
-
josi replied Dec 8, 2022One suggestion to solve this problem: use a third MA that emulates the higher TF-MA (in your case D1, I guess). By doing so you can always see (on your trading TF) how price moves relative to the D1-MA.
MA Crossover System that works for me
-
josi replied Dec 6, 2022Don't worry: Price did what it did - some other day it would have worked out:
MA Crossover System that works for me
-
josi replied Dec 6, 2022can't say that I see them all the same way, "contrariwise", really: as long as you have HHs & HLs you are still in an uptrend as long as you have LLs & LHs you are still in an downtrend if price moves decidedly sideways (despite fake BOs) you are ...
MA Crossover System that works for me