Yep, looked to good to pass up.

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I follow the direction of the TD on the open of each candle. But ,I also look left and at round numbers for support and resistance/retracement levels, and then lock in postive pips as it goes and hope it keeps going.

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Just be aware there is round # 1.0900 right above entry. So, you may see some resistence there or stall or a bounce. I entered because looking left it had not problem blowing through it long before. P.S. Make sure to read my disclaimer too lol.

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Looks good to me now IMO on the 1H. Just entered it long myself.

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IMO wait until the open of the next candle and see if it's strong. (flat bottom wick on the top). On my chart the current candle is a dogi, which is a unsure/ranging candle. Though I'm hoping for a 4 H long reversal on AU and related pairs on the ...

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EURGBP — Did I enter the EUR/GBP bounce trade 1 candle late by mistake?

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O dang it I should have just let my GU short run from yesterday instead of locking in +30. O well, woulda coulda shoulda.

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That is not correct, the TDI DOES move and change angles inbetween candles. If follows the size of the candle. I know this from watching for hours. If you enter/exit based on angle inbetween candles you are going to get faked out though.

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Yes, pa of the price range bars. Myself after I enter a trade as per the rules I open another plain chart, just so I can see the actual candle formations and levels and catch things like pin bars.

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check the TD on the start of every 4H candle only. IME if you go by in between candles you'll end up getting faked out. 3 times now I got out because of what it looked like inbetween candles, which caused me to get out of a trade with more loss than ...

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I asked the same question. Stochastic confirmation is just the direction it's pointing. Also keep in mind with stochastics, just because stochs hit bottom doesn't mean a reversal is imminent. Often with stochastics when it hit's bottom, and is still ...

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Yes, it's the very opening of the candle. The idea is you catch the momentum. Wait to long, even on the first candle and you can miss out of pips and the best entry spot. The only times I would wait past the opening of the candle if price is up ...

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Dean the rules are real simple. 1. Green must CROSS red. Green on the other side of red. 2. Angle of green must be 2 or 4 0'clock, flat is no go. 3. When you see that cross there will be a candle. 4. If that candle is the right color you can enter. ...

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I dont mean to sound rude, but you and quite a few other in this thread don't seem to understand what an, "edge," is as far as trading goes. Trading with the trend and support and resistance (or some indicator or gizmo or MA approach) and things of ...

What is your edge?

GU short — My GU short from 3 in the afternoon is finally going into bit of a profit. .................+30 locked in with a postive SL because of round number & prevailing long trend.

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Was it pippettes I was seeing on the right? Cause there was no 200+ pip drop on EU today. 20 pips I could believe.

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Nope, start of the bar, if all the rules are met. Otherwise you'll end up getting in late. 1st or 2nd candle start only. After that, it'l be too late and all the momentum will be used up.

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Trailing stops are a good way to cut your good trade's short way early. The reason being is say you have a 15 pip trailing stop, to lock in 1 pip you have to get to 16. It backs up 15, you only got 1 pip. To lock in 15 you actually have to go to 31. ...

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Is that a demo? I dont see any short runs for over 200 pips on EU on my charts.

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Locked in 20 on my EU trade, candles looking weak. Thinking it might dive down back into range before breaking 49000. And I want to start monday with a winner, even if it is small

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