Hi Xhale, purple line is previous week's close (Friday 17:00 EST). Sent you PM.

Ramblings of a Forex Junkie

Second day trading the levels live...I am quite happy with the results. Made 2.0R account growth that equals 2.0%. Missed the long entry on EJ off the daily open this morning - this trade alone would have made me 3.0R.

Ramblings of a Forex Junkie

Excellent analysis! I am sure it will be a help for me and also others.

Ramblings of a Forex Junkie

Might work, perhaps it will average out against the midnight EST candle. Give it a try. For me personally, I will use what Seneca uses because he has good experience with his starting time.

Ramblings of a Forex Junkie

Yes, SP (and myself) uses Midnight EST 00:00 as daily open.

Ramblings of a Forex Junkie

You deserve it. You have shown your excellent analytic skills and I like your thinking. Keep it up!

Ramblings of a Forex Junkie

Thanks. Ah, you mean UJ. The previous week's high on EJ was not yet reached...

Ramblings of a Forex Junkie

Thanks, mate. I was just about to write a post thanking you for your answer. PS: You have my vouch!

Ramblings of a Forex Junkie

First day trading the levels on my live account. Had a pretty good, profitable today. Made some beginner mistakes, but managed to gain 3.2R with a risk of 1%. My last trade was really fast (news driven?). Short on EJ after I saw that the previous ...

Ramblings of a Forex Junkie

It could be only a few pips difference from broker to broker. Should not be 20 pips. Make sure you really have compared the right prices and have aligned the different server times. I cannot give you more information as I only use 0anda at the ...

Ramblings of a Forex Junkie

Seneca, another short question: would you skip any trade from the daily open if there is e.g. a weekly open line (or any other important level) below that is closer than the 2:1 target? I think of the EU trade today...I shorted at the daily open, ...

Ramblings of a Forex Junkie

Seneca, I have a short question regarding your breakout strategy from post #80. Where do you set your stoploss after the trade is triggered with a pending order at the breakout range?

Ramblings of a Forex Junkie

Regarding your last EJ winner I have a question regarding the SL and TP: The ATR(5) on Oanda today of EJ is 182 pips. The EMA(5) of the ATR(5) is about 204 pips. So 20% would be a SL of around 40 pips, 25% would be around 50 pips. As I see on your ...

Ramblings of a Forex Junkie

As I see it, there are more than two full M15 candles on every chart before the entry...so everything according to the rules.

Ramblings of a Forex Junkie

Ok, thank you. And what ATR will you use for the weekly open and close? Also the 4week ATR smoothed with the 4EMA?

Ramblings of a Forex Junkie

For the weekly open, previous week's close, previous week's low and high...would you use a stoploss based on the daily ATR(5) smoothed by the 5EMA or the weekly ATR(5) smoothed by the 4EMA?

Ramblings of a Forex Junkie

Awesome trades, 60! Congrats! Btw, what pairs do you trade on scalping mode (m5)?

Buy sell line trading

Try clicking on the picture/text and scroll down...

Buy sell line trading

I like your new web page, mate. cool stuff! What I miss, is the engulfing pattern though...

Buy sell line trading

Great, thanks for that explanation. Will try it. For the above statement regarding H1, do you meant below the ma's?

Buy sell line trading