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OctaveJay509 replied Jan 17, 2016Yes, Indeed! Thank you Alan....I don't mind posting new ideas every once in a while, it helps me to stay grounded... I have close to 13 Trade setups for this week and I will not be able to trade them all....When I post something, I hope that ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 17, 2016Most importantly this week is going to be dominated by EUR News and CAD News.... Monday is Bank Holiday for US Markets, and I will find some time to post Chart Work on both Currencies. Tuesday, Jan19th 4:00am.............EUR........German Zew ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 17, 2016Remark: If you are going to trade any AUD pairs, keep your eyes open on any Chinese News throughout this week or so. Not much going on AUD when it comes to news Event this week. Tuesday, Jan19th 5:30pm..........AUD........Westpac Consumer Sentiment ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 17, 2016Here's what I am looking at on GBP/USD and GBP/JPY for the next 2 weeks: High-Impact News this week: Tuesday, Jan19th 3:30am.........GBP........CPI .....................GBP.........PPI Input/ RPI Wednesday, Jan20th 3:30am.........GBP.........Average ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 16, 2016Hi Sisimi05, Thanks for stopping by and I really appreciate the questions.... Correct me if I am wrong but from your first question, I would say that I was once a Stock Trader, and I was mostly focused on Fundamentals, back then it was very ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 16, 2016Hi Alert691, Sorry for taking so long to reply back, I have been so busy all week, and failed to check my messages....I am glad that you found this thread and I can't wait to learn from your experience with this system... By the way, Thanks for the ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 10, 2016Note: I will not be able to do a Top-Down Analysis on all them pairs on my watchlist, but if you have been following this thread, you know the Drill..... I use the H4TF to get an idea of the Overall Market Trend, I use M5TF for Entry Signals, then I ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 10, 2016EUR/USD Insight: EUR/USD, H4TF Chart image EUR/USD, M30TF Chart image EUR/USD, M5TF Chart image Remark: The Overall Market Trend is Bullish, but the Current Market Sentiment is Bearish. * A Day-Trader only follows the Current Market Bias, and ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 10, 2016USD/CHF Insight: USD/CHF, H4TF Chart image USD/CHF, M30TF Chart image USD/CHF, M5TF Chart image Remark: The Overall Market Trend is Bearish, but the Current Market Sentiment is Bullish. * A Day-Trader only follows the Current Market Bias, and ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 10, 2016USD/JPY Insight: USD/JPY, H4TF Chart image USD/JPY, M30TF Chart image USD/JPY, M5TF Chart image Remark: The Overall Market Trend is Bearish, but the Current Market Sentiment is Bullish. * A Day-Trader only follows the Current Market Bias, and ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 10, 2016Hello Traders, Monday is going to be quiet in terms of High-Impact News Events, so I have decided to select my watchlist based on the Current Market Strength Scale Indicator, and I might be watching them pairs till Wednesday.... image 1. USD 2. ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 10, 2016Hi LukeLu, I would have to see your chart and your reasoning behind entering Long this pair, because when I looked at EUR/USD, H4TF, there was indication of a Bearish Move at the Beginning of the Week, and on top of that we had German Prelim CPI and ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 10, 2016Hi Crimson, The Currency Market is a Neutral Ground where anybody can succeed, but if you are trying to impose your will, you will be Exposed... Instead of quitting right now, you need to look into the Mirror and admit what you are doing WRONG, and ...
I'm quiting trading but can someone elighten me on this?
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OctaveJay509 replied Jan 5, 2016My Opinion was based on the Recent Quarterly Inflation Report that we had last year on GBP(Sterling)...The numbers are irrelevant right now, because BOE was more focused on CPI Numbers, and it turned out CPI Inflation is now expected to remain below ...
EURUSD
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OctaveJay509 replied Jan 4, 2016Economic Calendar Update: video Source: Jarratt Davis
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 4, 2016Hi LukeLu, Thanks for stopping by and welcome to this thread... Honestly, you don't have to worry about the definition on both sides... What you need to know is the left side gives you the Current Trend of each Pair, and the right side gives you the ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Jan 4, 2016Absolutely Dr. Zain! I will keep my eyes Open, and take advantage on them pairs whenever I see weaknesses in the Market.
EURUSD
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OctaveJay509 replied Jan 4, 2016I used probability because nobody knows, but the fact that they give us an indication on when they might do that, it simply creates a FRAMEWORK for us to make some pips....And as a Retail Trader, you always have to trade in the same Direction as the ...
EURUSD
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OctaveJay509 replied Jan 4, 2016DR. Zain, The way you approach the Market will be a reflection on how you perceive Fundamental Analysis with regards to Technical Analysis... More too often Traders get confused because their Subconscious(es) are not in the same line with their ...
EURUSD
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OctaveJay509 replied Jan 4, 2016BOE is more likely to raise Interest Rate late 2016 and Early 2017...That Fundamental Bias alone will give Investors more reasons to SELL any Spikes throughout the year.... That Story is more Important than the Technical Aspect of things due to the ...
EURUSD