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Vantage replied Sep 29, 2008I was looking for jpy to break below 152.34 area for entry. 152 is an obvious exit unless we fall right through.
Higher low, lower high system
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Vantage replied Sep 29, 2008Jpy has had a hl - up arrow, immediately followed by a lh - down arrow. Whilst it could go any way from here you'd think that the overall weakness for the day plus the lh was the last so that would prevail. Got in sell whilst typing.
Higher low, lower high system
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Vantage replied Sep 29, 2008OK I have to pop out so I'll be gone for an hour or so, a great morning again so we'll see what US session brings.
Higher low, lower high system
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Vantage replied Sep 29, 2008If jpy and eur move up from here we've got clear hl's, things look so weak I don't know how much I like them though.
Higher low, lower high system
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Vantage replied Sep 29, 2008After some massive falls today perhaps the lines in the sand have been drawn for these 3 currencies. I'll probably just wait to see what this hours closing candle brings.
Higher low, lower high system
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Vantage replied Sep 29, 2008Jpy lh, nice set up had it ready to trade. Next 5 min opened higher didn't confirm (never went below previous 5 min's close) so no trade - yet.
Higher low, lower high system
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Vantage replied Sep 29, 2008Missed this jpy trade. Had the euro up which showed exactly the same 5 min lh. If I was in I would have exited any bounce from 152. Just showing as another example.
Higher low, lower high system
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Vantage replied Sep 29, 2008Jpy didn't want to go higher neither did others. I just happened to pick jpy but it was a coin toss. I exited bang on 152.50 and S2 when it hit.
Higher low, lower high system
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Vantage replied Sep 29, 2008The orange lines are the previous days highs/lows and the open for today. Go into the pivots indicator and just put yes for showhigh, low, open.
Higher low, lower high system
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Vantage replied Sep 29, 2008Jpy was negative all morning so that was perhaps the best set up this morning. It just looked better than eur and gbp that were showing hammers after moving sideways for hours on 1 hr charts. I'll concerntrate on whichever looks the best set up. Eur ...
Higher low, lower high system
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Vantage replied Sep 29, 2008Asian session — Someone asked me if Asian session has trades. These 2 lh's certainly worked nicely. I'm sleeping this time so obviously not ones I took.
Higher low, lower high system
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Vantage replied Sep 26, 2008Thanks daytrading. I had the jpy up for a sell, had a big candle down for the lh and never broke through that candles low. Eur had the exact same set up as jpy although the wave of the lower high was nowhere near as nice as jpy's. Eur broke the low ...
Higher low, lower high system
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Vantage replied Sep 26, 2008Was looking to sell jpy. The 20 odd pip candle meant price had to go lower to enter, which it didn't so thats a no trade. In turn jpy is now on a higher low. So I'm taking a little break, sick wife calls.
Higher low, lower high system
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Vantage replied Sep 26, 2008Mmmmh I get nervous of US none reaction to news, patience, unless something grabs me I've had a good day and may just go and watch some tv.
Higher low, lower high system
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Vantage replied Sep 26, 2008I will admit to being fairly new to US session and am not sure what the medium news in 10 minutes will bring. So far eur looks good for hl. Jpy looks good also. GBP's last 1 hr candle was not so hot. News will take it where it takes it of course and ...
Higher low, lower high system
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Vantage replied Sep 26, 2008Hi daytrading Not sure if you missed this but if you could post that indicator it would be great, thks.
Higher low, lower high system
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Vantage replied Sep 26, 2008I'm taking a flyer here did you do the udaytrading course?
Higher low, lower high system
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Vantage replied Sep 26, 2008Thanks you are so kind. Some pearls of wisdom I've picked up along the way. Go for the experience before you go for the money. Was told to me early on in my banking career when it was a job and not a career. It should be obvious how this applies to ...
Higher low, lower high system