This just gives me some new ideas/inspiration about how to play countertrend trades...it is still germinating, there are a some parameters to establish, the price action-based structure to refine/put in place, then of course, the testing ...

Trend Trading All Pairs

NICELY DONE, YUNERO. well played.

Trend Trading All Pairs

[quote=Paulette;3521115] hahaha. Please, ma'am, call me "entropy"....

Trend Trading All Pairs

Any reason you didnt go with the 1.3550 area? It has the 61% fib, the h4 trendline meets around there....

Trend Trading All Pairs

You mean, H1/15MINS, short? Yeah. entry at 88.37. But, how about the news? coming out soon. red-labeled news for the USD. Unemployment claims. I will have to pass.

Trend Trading All Pairs

If it is any consolation...the trade worked. url image

Trend Trading All Pairs

Very simply, PIP DAWG told me. He likes to dress up as a "suicide bomber vest wearer/forex trader". You dont believe me? Here is the proof: image

Trend Trading All Pairs

Yeah, indeed. I am hating it even more by the minute....here is why: USD/CAD 1hr/15mins image

Trend Trading All Pairs

I see. Now i think i get it. This is the daily chart EUR/USD...personally, i will prefer your idea of zooming to lower time frame(the area between the daily 38 and 50 fib level) and looking for a solid S/R to place my SL. If that S/R level also ...

Trend Trading All Pairs

hey, CUSTOS, our silly little EUR/USD has reached 1.3678, clearing the +20 pips minimum requirement from entry point 1.3650. Anyways....still thinks LO is a good reason to avoid it.... On ENTRY with regards to using S/R levels on lower time ...

Trend Trading All Pairs

Momentum Ratio — MOMENTUM RATIO( aka M.R) Sometimes, i also like to look for ratio of candles. If it takes 6 candles to retrace from point A to point B, but it now take 3 candles to go from point B back to point A, it behooves me to think that ...

Trend Trading All Pairs

I can see the logic of what you are saying, but i will have to diverge. I mean, it make sense to place SL behind s/r levels on lower time frames. However, from my little observation, when you have such tight confluence of S/R, RN, FIB level within ...

Trend Trading All Pairs

That makes sense, i mean, why not? S/R levels are flip side of the same coin. Now, i am confused. i thought your question was about entry...now, it is about exit? ADDENDUM: I mean, if you are trying to determine exit point by looking for confluence ...

Trend Trading All Pairs

Entropy TT rules. — Like i said before, this is not the definitive rule on TT trades(you will need to ask CUSTOS about that...these are just the set of rules i am comfortable with...) Entropy TT rules(the final version) #1. Look for slanted ...

Trend Trading All Pairs

Hmmm....i will have to disagree here, sniper-master. The FIB levels are the FIB levels...they are based on fibbonacci. I dont want to tweak them. I understand the why you suggested tweaking the FIB level -- nailing entry is difficult(isnt it ...

Trend Trading All Pairs

i am hating USD/CAD 1hr/15mins right now.....

Trend Trading All Pairs

image

Trend Trading All Pairs

EUR/USD at 1.3650 and EUR/AUD at 1.5200 are such obvious TT points it is not even funny. But LONDON open can cause such zigzags, as such, i had to let them go....anyways, you cant win them all.... EDIT: EUR/AUD already reached +20, +25 pips...oh ...

Trend Trading All Pairs

I cannot bring myself to TT EUR/USD at 1.3650 and EUR/AUD at 1.5200. London open may mess up things....shame though. Yes, i took the NZD/CAD...That was my chart. I posted it. It has already went past the projected pattern PT. EDIT: I think i will ...

Trend Trading All Pairs

Guess where the NZD/CAD is right now? url

Trend Trading All Pairs