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OctaveJay509 replied Sep 29, 2015Hi Uniubi, I think that you clearly understand the process, and as long it does make sense to you, keep using it until it becomes Natural for you to trade the market like this. That was a great explanation from your part, and I did understand ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 29, 2015Hi V2vBoni, If AUD is Strong and USD is Weak, therefore I will go Long. If AUD is Weak and USD is Strong, therefore I will go Short. From a Technical perspective, I would wait for a break above and close above candle at that Resistance level, before ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 29, 2015Hey Toccata, Thanks for stopping by mate, and I think that your insight was very valuable and It makes a lot of sense to say the least....One of the easiest ways to handle this kind of situation is to analyse your selected pairs (Watchlist) on ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 29, 2015EUR/NZD, M5TF Update: London Open messed up my nice Setup on this Pair... Out of nowhere NZD decided to get Stronger.... I get stopped out... image
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 29, 2015EUR/NZD, M5TF Update: I have noticed a small retracement on this pair near the Previous Long EntrySignal, so I decided to open a Long Position.... As long as EUR Stays Strong, and NZD stays Weak, we might see some movement to the upside on this ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 29, 2015EUR Light News Release - German Import prices in August 2015 As reported by the Federal Statistical Office (Destatis), the index of import prices decreased by 3.1% in August 2015 compared with the corresponding month of the preceding year. In July ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 29, 2015My Potential Daily Watchlist : 1. CAD/JPY, M5TF - Market Sentiment: Bearish - I will be looking to place a Short Trade Only 2. AUD/JPY, M5TF - Market Sentiment: Bearish - I will be looking to place a Short Trade Only 3. NZD/JPY, M5TF - Market ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 29, 2015Strength Scale Update: Tuesday, September 29th @ 1:13am image 1. JPY 2. CHF 3. EUR 6. NZD 7. AUD 8. CAD
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 29, 2015AUD/USD Short Trade Update: I had to redeem myself on that trade... If I have done my Analysis on Higher Timeframe, I would have known that this pair wanted to go Down the whole time, but the Momentum changed on me while I was long and didn't want ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 29, 2015You are welcome! You have plenty of time to learn those things... Just take it one step at a time mate. Jay
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 28, 2015I wanted to go LONG on AUD/USD because that was my initial Bias, but the Momentum changed on me, and I had to pay for it. Now, I decided to go Short on AUD/USD.... I don't know for how long the Bearishness is going to stay, but I am simply targeting ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 28, 2015If you are using all my indicators, I think that you are actually using all the Default settings...I do have different settings on all my Indicators.... Deep Bar Indicator Settings: image Buy-Sellpoints Settings: image Knoxville Divergence ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 28, 2015You need to use my template, because your settings are different....
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 28, 2015There's a lot of indecision in the Market right now, and I think that I am going to hold my Long Trades on AUD/USD and GBP/USD. It's going to be interesting to see how they turn out... The rest of the day will be dominated by USD News. Keep your ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 28, 2015You are welcome! Trading this Market is a Daily grind, and as long as you are willing to learn and implement new ideas, you will do very well mate in a long run. As of right now, you should be focused on the PROCESS....
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 28, 2015Yes, you are absolutely Correct Uniubi...This system is designed to trade around News Event.... Whenever we have AUD news, them pairs are going to move nicely, and you will have a clear Direction, and same thing works for GBP during London Session.
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 28, 2015Hi Uniubi, You are welcome, and I am very glad that you are asking questions, and it tells me that you are willing to learn and understand the Market better. The moment you have an idea of where the Market is most likely to go, this is where you ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 28, 2015Note: A few minutes ago AUD and NZD were very Strong, and now I see both of them going to the Weak Side... Since, I already selected my watchlist, I will monitor my pairs until I can find a clear signal on the Direction that I wanted to go. If any ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 28, 2015My Potential Daily Watchlist : 1. AUD/CHF, M5TF - Market Sentiment: Bullish - I will be looking to place a Long Trade Only 2. EUR/AUD, M5TF - Market Sentiment: Bearish - I will be looking to place a Short Trade Only 3. AUD/USD, M5TF - Market ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 28, 2015Strength Scale Update: Monday, September 28th, 2015 image 1. AUD 2. GBP 3. NZD 6. USD 7. EUR 8. CHF
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF