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OctaveJay509 replied Sep 22, 2015You are welcome Guy Mann!
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 22, 2015How to look for Bigger Daily Targets: #1 - Go to your Daily Chart and Identify the Color of that Candle image - If the Daily Candle is Red or black, Your Market Bias for the day is : Bearish - If the Daily Candle is Green or White, Your Market ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 22, 2015Hello Traders, I was a bit late today, and I would assume that you guys already have your own watchlist by now...I will try to find some setups on my watclist, and lay out some potential daily Targets from a small projection Analysis.... I know that ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 22, 2015My Potential Daily Watchlist : 1. AUD/JPY, M5TF - Market Sentiment: Bearish - I will be looking to place a Short Trade Only 2. CAD/JPY, M5TF - Market Sentiment: Bearish - I will be looking to place a Short Trade Only 3. GBP/JPY, M5TF - Market ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 22, 2015Strength Scale Update: Tuesday, September 22nd, 2015 image 1. JPY 2. EUR 3. CHF 6. GBP 7. CAD 8. AUD
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 21, 2015Daily Tips: I strongly believe that there are 2 main reasons why Traders are losing money in this Market: #1 They Fail to properly Identify the Current Trend in the Market ( There's a Difference between Market Sentiment and Market Direction) #2 They ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 21, 2015Thanks Valilutzik, I really appreciate your interest and I have to say that I do use Candlesticks to do my analysis, but when I am day-trading I focus more on the Structure of the Market, and Bar Charts help me to reduce the noise and not really ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 21, 2015Understood Mdu, The settings are based on Fibonacci Ratios, and it will take you countless of hours to put them images in your brain so that your eyes can easily spot them...I had my fair share tho, but this guy was able to help me out a year ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 21, 2015You are very much welcome mate.... How is everything trading wise? Any major Harmonic Setups yet? May them green pips be with you as well. Jay
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 21, 2015Today, I would like to add another Indicator to the Mix...This is a very powerful indicator, and it's going to help some of you guys easing the process of your decision making... Plan your trade and follow your rules are going to be the same, but ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 21, 2015Right on mate!!! Look forward to chatting with you tomorrow.... Have a great day!!!
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 21, 2015GBP/AUD was a bit interesting throughout the London Session, and I finally figured out why.... Well, it turns out GBP/USD and AUD/USD were both going DOWN, and that bearish movement created a Systematic Range bound for GBP/AUD.. Since this thread is ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 21, 2015Hi Guy Mann, I was thinking and it's just an idea. Since you have a small experiment Account, it's best for you to focus on pairs with Low Spreads. For example: If you have a nice Opportunity on GBP/AUD, it would be a lot easier for you to trade and ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 21, 2015The moment my Trailing Stop reached the 1:1 Risk: Reward Ratio, I deactivated it so that I can observe the Market more. I didn't want to get out early on a small retracement, so after it reached the 1:2, I closed it out...walked away with about ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 21, 2015It looks like GBP/AUD wants to move to the Upside, but AUD is so indecisive.... Talk later Guy Mann! Jay
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 21, 2015Last Update on EUR/JPY, M5TF I decided to close it out with a 1:2 I need to get some sleep, and no need to let that trade run while I am not in front of my computer... Profit is Profit image
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 21, 2015Quick Update on EUR/JPY, M5TF Looks like EUR Changes its mind and it wants to strengthen...LOL I am already past my 1:1 risk: Reward ratio on EJ...So, I am going to let the Trailing Stop does its magic.... image
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 21, 2015I just noticed that Guy Mann, There's more Opportunity to come....I have noticed something on your trade, despite the Strength Level between GBP and AUD, you actually entered around a Major Resistance Level.... This is a no-no, unless Price Action ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 21, 2015When you scan the Market or pick your Watchlist, you should expect some kind of fluctuations in the Market, and this is why most people will have a slightly different Watchlist... As long as you follow your rules and stay Disciplined, there's no ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF
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OctaveJay509 replied Sep 21, 2015I would if the Reversal Signal was caused by a High-Impact News Release in the Market... This system is based on NewsTrading and Market Momentum, and if Majority of the traders want to change the Trend, I will have to follow that because it's part ...
High Probability Insight: Day-Trade Daily Momentum on M1/M5TF