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OctaveJay509 replied Jan 24, 2017Quick Update on EUR/AUD, M5TF A Sellsignal has been triggered, but EUR Sentiment hasn't been confirmed yet... So, I will let the market stops me out instead of closing it right away....I did move my stop at -15pip image
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 24, 2017German Private sector growth slows slightly but manufacturing remains buoyant German private sector growth eased slightly in the first month of 2017, with a growth slowdown at service providers offsetting a firmer improvement in manufacturing ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 24, 2017Great Job mate! A quick Reminder, the Trend on H4TF needs to match on M30TF, then you look for EntryPoint on M15TF or M5TF... This is the quickest way to do a Top-Down Analysis on Higher TF when you have a Clear Market Bias. Note: I don't see any ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 24, 2017French Private sector output rises to greatest extent for over five-and-a-half years January’s flash France PMI
data signalled further marked growth in the French private sector, and at a quicker pace than seen in December. Indeed, the rate of ...High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 24, 2017Let's hope the news is positive mate. I noticed a lot of Buyers on EUR/AUD....
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 24, 2017Quick Update on EUR/AUD, H4TF A Buysignal has been triggered on M5TF, but the fact that we have EUR News at 2:00amCST, I will consider this trade as a Risky one. If Price Action decides to drop significantly on Negative Data, I will wait for a ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 24, 2017I am not sure how EUR News is going to affect the Current Market Sentiment, but I think that EUR/AUD is most likely to go UP as long as AUD maintains its weakness. Right now, we have to rely on USD to stay Strong throughout the London Session.... ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 24, 2017My Potential Daily Watchlist : image
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 24, 2017Trend Direction and Strength (CsDash) image
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 24, 2017Current Market Condition/Sentiment: ( Observation ONLY ) image 1. USD 2. CAD 3. EUR 6. AUD 7. NZD 8. GBP
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 24, 2017Hello Aar, Thanks for taking over for me while I was out. I did read some of your replies through my phone, but I couldn't reply back... Heiken Ashi is fine, I am just not too familiar with Ichimoku Cloud.... I got a few news updates on my phone and ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 23, 2017Trend Direction and Strength ( CsDash ) image I had a small short trade on both UCAD and UJ; and then a quick buy on GU and EU. Note: I will not be trading during the London Open, but I will look for opportunities at the end of the Trading Day.
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 23, 2017Weekly Economic Calendar Update ( Jan 23rd - Jan 27th, 2017) video Source : Jarratt Davis
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 22, 2017I mentioned your name, because my response to Mr. Breakout was a continuation to your attack in the first place.... Since you had to correct yourself about Price and Market, it was pointless to reply directly to you....
Most traders fail because of no discipline!
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OctaveJay509 replied Jan 22, 2017Retail Traders focus mostly on Price Action and Banks/Institutions focus mostly on Market Structure.... It bothers me so much when i see retail traders are so stubborn to accept the truth...I used to trade Price Action over the years, and now I am ...
Most traders fail because of no discipline!
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OctaveJay509 replied Jan 22, 2017HAHA! TooSlow is being too Slow to understand the concept. Just because a market is moving Up doesn't mean that the market is an UPTREND. There's a reason why we have to differentiate the behavior of the market before we can talk about Price ...
Most traders fail because of no discipline!
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OctaveJay509 replied Jan 22, 2017You must be JOKING mate. Sideways movement is a term that we use to describe the "Consolidation Phase" in the market. It doesn't mean that the market stops moving, it simply means that the forces of supply and demand are almost equal. Therefore, the ...
Most traders fail because of no discipline!
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OctaveJay509 replied Jan 21, 2017The short version is I studied each Currency Pair for a period of time and measured each pullback on a trending Market, and took away the average drop from M5TF to H1TF and then compare it with the Daily Range.
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 21, 2017Knowing what went wrong gives you more incentives to reduce the amount of mistakes you make each week as a trader. It shows that you have the ability to acknowledge your decisions and grow from there... This is the kind of traders that I want to ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 21, 2017HOLD YOUR HORSES GUYS!!!! Too many reasons or lists on why Traders Fail. The #1 Rule to remember when you trade is : "THE MARKET IS ALWAYS RIGHT " The moment you let that sink in, you put aside your EGO and your desire to be right about any ...
Most traders fail because of no discipline!