Hi crkjl; Is that 108 pips or 10.8 pips? Because 10.8 pips seems a lot to have to be away from market price to enter a trade.

Nihilist Forex Indicators

Hi kholid; Sometimes it's easier to look at the chart and read what it's saying. Momentum-Test-Price Action it's the same on all TFs. Once you get used to looking for this you will see it everywhere.

Nihilist Forex Indicators

Hi saruhn; It's about being consistent in your approach to how you look at the market and only taking trades that conform with what you are seeing and not what you want to see, which only comes with practice. When I look at the charts I want to see ...

Nihilist Forex Indicators

Hi saruhn, If you look on H1 you will see how the Market is Ranging around the 118 RN, which has acted as Strong Support/Resistance in the past. You could go with a speculative Short Trade from the 118 RN and put your SL the other side of the Daily ...

Nihilist Forex Indicators

Hi kholid; If you are just considering H1 for your trading decisions, then yes, it has transitioned to a Long Bias. This doesn't mean there has been a change in Bias on the Higher TFs, yet. This could be the start of a change in the longer term ...

Nihilist Forex Indicators

Hi crkjl, If you are totally new to Forex Trading and the mql4 Trading Platform this site will be a big help to you url I'm not sure what you mean about the different spreads you are getting, I assume you are using a 5 digit broker and the 120 ...

Nihilist Forex Indicators

Hi Tom; It's no problem, glad you are finding it helpful.

Nihilist Forex Indicators

Hi Tom; Yes, I went short 5 pips below the Inside Candle my SL was 80 pips away, 80 pips is usually my smallest stop on the Daily TF there are exceptions but they are rare. That is why the SL looked a long way from the top of the Inside Candle. ...

Nihilist Forex Indicators

Hi kholid; Don't be too quick to make judgements based on lower TFs. I know a new trend starts with the lower TFs and spreads to the higher TFs but why fight with a trending market go with the flow. Look for trade setups that go with the Primary ...

Nihilist Forex Indicators

NZD/USD W1/D1 Chart Took a short trade after yesterdays Inside Candle formed inside the Weekly Control Candle the Primary Trend is still Bearish.

Nihilist Forex Indicators

Hi justomonia; Hopefully the EUR/JPY D1/H1 chart will help to explain things.

Nihilist Forex Indicators

Hi Alorente; The USD/CAD is difficult enough, at the best of times, let alone anyone trying to go against the Primary Trend. This Post 5,426 shows my thinking, market is now approaching 1.13 RN.

Nihilist Forex Indicators

Hi justomonia; Whichever TF you trade the PA you are looking for is the same. Try to get your SL the other side of the RN you are trading from, the smaller your setup candle the smaller your SL. For TP watch momentum at next RN. Yes, the Sweetspot ...

Nihilist Forex Indicators

Hi justomonia; If you are trading h1 try using BRN - RN to look for trades in line with the Primary Trend. It's surprising how often the market creates opertunities at these levels.

Nihilist Forex Indicators

Hi pundit; This is just how I'm seeing it so please don't take this the wrong way. Fridays Candle was 135 pips top to bottom the average candle length last week was 78 pips. That's a 73% increase on the weekly average. After such a big Daily move ...

Nihilist Forex Indicators

Hi Alorente, I hope the charts below explain what the Weekly Control Candle is and how i use it.

Nihilist Forex Indicators

Hi Nihilist; I totally agree it could well shoot down from here. Like you say there isn't enough information, yet, on D1 to trade short. Personally I like to see a Break of Support/Resistance at a BRN - RN then a Test of this Break Level followed by ...

Nihilist Forex Indicators

Hi sainthun, I'd be careful taking this Short too soon.

Nihilist Forex Indicators

Hi Alorente; Thank you for the spreadsheet far more sophisticated than my effort. I'm more inclined to go down this route url …..

Nihilist Forex Indicators

Hi FerruFx; I see what you mean but I'm trading through a spread betting account in the UK so my pips earned (or lost) * my lot size is my return (or loss) £ amount no matter which pair I'm trading. If anyone knows how to incorporate this into a ...

Nihilist Forex Indicators