- Search Energy EXCH
-
atheer1 replied Sep 4, 2017I see that many of the traders here are trying to take every signal..............and that is wrong.............. for NZDUSD it is in selling mode don not take buy signals
No Magic!
- atheer1 replied Sep 4, 2017
if UJ is trading above 109.70-80 it can go up...........otherwise down is possible
No Magic!
- atheer1 replied Sep 3, 2017
So you have the 1st recommended trade for GU using this entry system..............If you have a loss do not blame me for that.........take trades at your own risk.......bye for now
No Magic!
- atheer1 replied Sep 3, 2017
Price is reacting here from an important weekly low 1.2986 week starting at 23rd of July and that mean for me S changed into R................so for me if I have to trade the Cable I will look for Shorts from here risking about 30-50 pips and ...
No Magic!
- atheer1 replied Sep 3, 2017
so you are risking about 15 pips and you want to make at least 30 pip which is equal to about 1.2994 target excluding spread?Do you think that price is ready to go that high from your entry.....
No Magic!
- atheer1 replied Sep 3, 2017
image For such a situation on the GU what you will do? I want to hear your response stay a side? sell ? buy? and why do you think like this?
No Magic!
- atheer1 replied Sep 3, 2017
I have a morning call in the hospital..............so may be I will be late to respond to your questions...... Have a nice time
No Magic!
- atheer1 replied Sep 3, 2017
I like to see price going to my entry buy or sell stops which reflect momentum in your favor.........but it is not wrong to wait for your trade to be triggered........no guarantee price will tell you...........so setups are valid as long the low is ...
No Magic!
- atheer1 replied Sep 3, 2017
BB is to know where price is landing in relation to the average.................that is to say you want to trade in the direction of the trend that is going down you will have higher degree of success if you fade UP moves at the upper BB providing ...
No Magic!
- atheer1 replied Sep 3, 2017
certainly you look for setup at lines..............but without right insight of what is the market is doing you will have no success.............so direction and level are important
No Magic!
- atheer1 replied Sep 3, 2017
The indicator is nicely coded............... I use it to ease strain on my eyes...........visual aid what is important for us now is the wick reaction to the line............. for the template you see the same indicator 4 times but with different ...
No Magic!
- atheer1 replied Sep 3, 2017
I understand your question as follow: You have a signal let us say buy..........you entered the trade.........then before reaching take profit you have another signal of sell what to do?From the robotic point of view that is to say completely ...
No Magic!
- atheer1 replied Sep 3, 2017
Your win rate is good as you take trades at good levels of R/S Answer: high of this setup was 3 Year high ( high of 2015 ) so almost closing the gap between 2014-2015
No Magic!
- atheer1 replied Sep 3, 2017
image Why this trade in the chart example is a good sell to take?think of it....Why?
No Magic!
- atheer1 replied Sep 3, 2017
This is a good example of the importance of the rule buy at the high of candle 2...........in this case this was not met.........and did you notice that if you take the bull candle you labelled and the bear candle after it was a sell trade according ...
No Magic!
- atheer1 replied Sep 3, 2017
welcome......... This nice indicator is used to divide 1H chart into 10 pip grid intervals,and that is my way of finding R/S levels by watching wicks of the candles touching or crossing those lines...........read entry rules and you will see that it ...
No Magic!
- atheer1 replied Sep 2, 2017
Entry rules are mechanical as you see.........yes BB give you the feel where the price is and whether it is proper to take the trade or not.........I can use this system both ways for fast gains or more extended profit...........exit is the most ...
No Magic!