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- AlistairC replied Feb 9, 2023
USDCHF went down overnight and NZDJPY went up. Nothing I'm doing at the moment seems to be working. Frustrating.
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- AlistairC replied Feb 8, 2023
I decided to close this trade because I was no longer confident that it would go down. A look at my USD profile shows this clearly. In all 7 charts on the profile, USD is looking strong, not weak. My NZD profile, on the other hand, shows the Kiwi ...
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- AlistairC replied Feb 8, 2023
Trying again. I saw this pair start pulling back and the open space between the candles and the EMAs being closed off. Once it had got close to the EMAs again I placed a sell stop order below that mini-consolidation zone and now hopefully it will ...
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- AlistairC replied Feb 8, 2023
I don't have any GBP pairs as "usefully" bearish on D1 yet, because of the many support obstacles, including some still sitting above or on the 100 EMA, I don't want to commit to any of them yet.
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- AlistairC replied Feb 8, 2023
I saw this morning that USDCHF has now gone bearish on the daily, so I looked for a trade on H4. There is a local support level marked on H4 so this one might not go much further. Will see what happens. image image
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- AlistairC replied Feb 7, 2023
Looking good so far. The reason I didn't go for this is that the dominant trend is still bullish on the daily and weekly, with pole and pennant patterns in place on both. But price has broken down, so well done for getting it right.
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- AlistairC replied Feb 7, 2023
No, stopped out (by a whisker, again
). But the idea ended up being good and it would now have been in profit. I'd be interested to find out how you knew JPY was weak?MA Crossover System that works for me
- AlistairC replied Feb 7, 2023
Very little available today, if you stick to D1 as the HTF and H4 as the trading TF. Most pairs seem to be in the process of reversing or pulling back, but few to none have settled into a new trend or resumed their original trend. If they have ...
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- AlistairC replied Feb 6, 2023
url This is an EA. You have to download a package of files, which you drop into your MQL4 folder and it does the rest. It lives on your screen at the top left and looks like this: image I use only the first of those five options, which is the ...
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- AlistairC replied Feb 6, 2023
Short trade placed. Edit: This pair is one of those I posted about yesterday where the dailies are in a trend. None of the others have shown a suitable setup yet. My TP is at 100 pips only because the App I use to place trades is set at 100. ...
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- AlistairC replied Feb 4, 2023
I said nothing about possible trade setups, nor about possible barriers like S/R levels. That's for the trader to worry about. I said only that a trend exists.
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- AlistairC replied Feb 4, 2023
As I did last weekend, I am posting a list of currency pairs where the Daily chart (which is the higher time-frame for me) is down or up, not sideways, or bottoming/topping or something else that makes the bias uncertain. To avoid confusion, I am ...
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- AlistairC replied Feb 3, 2023
And as today is NFPs and the end of the week, sitting on our hands is not a bad strategy. Because of those two factors I decided to move my TP up to the local support level and get out early. image
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- AlistairC replied Feb 2, 2023
Also USDJPY After discussing those 'open spaces' with josi I was more alert to them being there so I was able to wait until the green bar pullback had closed off that space and moved back closer to the EMAs. Then I placed a sell stop order below it, ...
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- AlistairC replied Feb 2, 2023
I know that there is big GBP news coming out soon, but I placed this earlier today anyway and will close it before the news. I am now at B/E, but hopefully it gains a few more pips in the next 45 minutes.
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- AlistairC replied Feb 1, 2023
Josi, go and have a look - those little spaces very often lead to a small pullback. I clicked on this chart almost randomly and did not go searching for a piece of it that works. Just the last lot of of candles. I have marked those little open ...
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- AlistairC replied Feb 1, 2023
This trade went into profit several times and when came back again and again. So I closed manually for a small profit. I was expecting price to drop, and if the downward pressure had been stronger it could easily have done that, but after a time I ...
MA Crossover System that works for me